Sparebank 1 Nord-norge · OSL:NONG

Sparebank 1 Nord-norge — Q1 2025 Earnings Presentation

52 slides from Sparebank 1 Nord-norge's earnings presentation, May 16, 2025

  1. Slide 1: Quarterly Report 1Q 2025

    Quarterly Report 1Q 2025 Tromsø, May 16th 2025 Hanne Karoline Kræmer, CEO Bengt Olsen, CFO

  2. Slide 2: Highlights, Outlook, Financial status, Appendix

    @ Highignts 2 Outlook 3 Financial status 4 Appendix

  3. Slide 3: The Obvious Choice for People and Businesses!

    The Obvious Choice for People and Businesses!

  4. Slide 4: Highlights 1Q2025

    Highlights 102025 Pre-tax profitt ROE 1008 MNOK (916) 17.2 % (17.8) CETI ratio Ci ratio Losses 16.3 % (16.6) 31.6 % (33.2) 57 MNOK (36) SpareBank NORD-NORGE

  5. Slide 5: Financial Results

    Financial Results CETI ratio Return on equity capital Cost/income Group 187% 175% 218% 173% 171% 168% 163% 400% 406% 403% 164% vo = 316 % 181% 30.2% 12.6% 11.9% 2020 © 202120222023 2024 31.03.25 2020 2021 «= 2022, 2023-2024 31.03.25 2020 ©2021 «20222023 2024 «31.03.25 SpareBank NORD-NORGE

  6. Slide 6: Subsidiaries – Earning Before Tax

    Subsidiaries – Earning Before Tax

  7. Slide 7: Strong increase in deposits

    Strong increase in deposits * Retail Corporate Public * Deposits as of 31.03.2025, provide an annualized growth of 10.4%

  8. Slide 8: Samfunnsløftet | Numbers & facts

    Samfunnsløftet | Numbers & facts NOK 2,1 10 490 Billion Number of allocations

  9. Slide 9: A perpetual machine from Northern Norway!

    A perpetual machine from Norhern Norway! • The Bank • The Savings Bank Foundation • The Foundation for Northern Norway

  10. Slide 10: Highlights, Outlook, Financial status, Appendix

    1 Highlights 6 Outlook 3 Financial status 4 Appendix

  11. Slide 11: Expectations for continued housing price growth in the region

    Expectations for continued housing price growth in the region

  12. Slide 12: The challenge – lowest housing construction in 10 years

    The challenge – lowest housing construction in 10 years

  13. Slide 13: Bankruptcies in Northern Norway

    Bankruptcies in Northern Norway 2025 2024 2023 2022 2021 Avg. 2013- Avg. 2020- 2019 2024

  14. Slide 14: Status and Outlook in Northern Norway

    Status and Outlook in Northern Norway

  15. Slide 15: Ambitions for Lending Growth and Market Share

    Ambitions for Lending Growth and Market Share Expected lending growth for SpareBank 1 Nord-Norge in 2025 Retail market: 4-7 % Corporate market: 3-6 % The Group is well capitalized. Underlying market growth is lower than in many years, but the region is well positioned compared to the rest of the cou

  16. Slide 16: Highlights, Outlook, Financial status, Appendix

    1 Highlights 2 Outlook e Financial status 4 Appendix ae ni » io ‘< vee ‘ss NORB-NORGE

  17. Slide 17: Group Financial Highlights and Key Figures

    Group Financial Highlights and Key Figures

  18. Slide 18: Quarterly Development

    Quarterly Development CET1 ratio Return on equity capital Cost/income Group 321% 7A wo% 3% 68% 16.3% 362% ‘ 35.2% 332% 318% 316% 188% gy, 189% 18.9% | | 4023 1024 2024. 3Q24.4Q24_— 1925 4023 1024-224. 3Q24.4Q24_ 1925 40231242024 3Q24.-4Q24- 1925 SpareBank NORD-NORGE

  19. Slide 19: Earnings Before Tax - Last Quarter

    Earnings Before Tax - Last Quarter (Amounts in NOK million)

  20. Slide 20: Expected effects of Regulatory Changes

    Expected effects of Regulatory Changes

  21. Slide 21: Net Interest Income

    (Amounts in NOK million) Net Interest Income

  22. Slide 22: Low Losses

    Low Losses Net losses in % of gross Net losses lending incl. interm. loans (Amount in NOK million) Corporate Retail

  23. Slide 23: Development in Net Interest Income

    Development in Net Interest Income Net interest in % of average assets NII

  24. Slide 24: Lending Growth

    Lending Growth Retail Corporate

  25. Slide 25: Retail Market

    Retail Market Retail (excl. Commission loans Com.loans

  26. Slide 26: Corporate Banking

    Corporate Banking Lending growth Development in lending margin (iso) on ep epi] 3Q24 2.6% 2.7% 2.5% 2.6% 2.6% 2.6% 4Q23 1924 2Q24 3Q24 4924 1925 Lending growth (12 mth) 15.5% 38% 24% 423 1924 2Q24 3Q24 4Q24 1925 SpareBank NORD-NORGE

  27. Slide 27: Deposit Growth

    Deposit Growth Retail Market Corporate Banking Public sector (am) +5.9% 49.7% 47013 42,714 44,498 , 29,933 31,322 _—_ 9,018 8,523 7.633 3/31/2023 3/31/2024 3/31/2025 3/31/2023, 3/31/2024 3/31/2025 3/31/2023 3/31/2024 3/31/2025 Gross deposits SpareBank NORD-NORGE

  28. Slide 28: Development in Deposit Margins

    Development in Deposit Margins Retail Corporate

  29. Slide 29: Long Term Financial Targets

    Long Term Financial Targets < 40 % C/I ratio > 13 % > 50 % ROE Dividend payout ratio 15,8 % CET1 ratio

  30. Slide 30: Financial Outlook

    Financial Outlook + The fact that Norges Bank's key policy rate wasn't cut in March will contribute to maintaining a high deposit margin into 2Q. Despite increasingly tough price competition on well-secured mortgages, the goal is to maintain the lending margin. The expectations of a continued high k

  31. Slide 31: Why Invest in SpareBank 1 Nord-Norge

    Why Invest in SpareBank 1 Nord-Norge

  32. Slide 32: Contacts

    Contacts Management Hanne Karoline Kræmer CEO +47 414 70 483 Hanne.karoline.kramer@sn n.no Bengt Olsen CFO +47 975 89 560 bengt.olsen@snn.no Investor Relations Terje Karlstad Investor Relations +47 411 22 220 terje.karlstad@snn.no

  33. Slide 33: Appendix

    1 Highlights 2 Outlook 3 Financial status 4) Appendix

  34. Slide 34: A Solid Bank For Northern Norway

    A Solid Bank For Northern Norway

  35. Slide 35: Development in Lending Margins

    Development in Lending Margins Corporate Retail

  36. Slide 36: Company Structure

    Company Structure SpareBank 1 SpareBank 1 Finans Nord- EiendomsMegler 1 Nord- SpareBank 1 Gruppen AS SpareBank 1 Boligkreditt AS 19.50 % | Financial services 16.30 % | Covered bond company Næringskreditt AS Norge AS Norge AS 0.58 % | Covered bond company 85 % | Loan/consumer finance/leasing 85 % | R

  37. Slide 37: Geographical Distribution of Ownership

    Geographical Distribution of Ownership Foreign holders Other Norwegian holders Holders residing in Northern Norway

  38. Slide 38: The 20 Largest EC Holders

    The 20 Largest EC Holders EC Holders Number of ECs ~ Share of EC Capital ‘Skandinaviska Enskilda Banken AB 5.3M 5.2% Verdipapirfond Eika Egenkapitalbevis 46% Geveran Trading Company Ltd 38% Pareto Aksje Norge Verdipapirfond 37% Kommunal Landspensjonskasse Gjensidige 34% MP Pensjonskasse 24% Brown Br

  39. Slide 39: Cost Development

    Cost Development Cost/income Group Group operating costs (Amounts in NOK million)

  40. Slide 40: Operating Expenses

    (Amounts in NOK million) Operating Expenses

  41. Slide 41: Net Fee- and Other Operating Income

    Net Fee- and Other Operating Income

  42. Slide 42: Risk Exposure

    Risk Exposure 1,8% Non- performing /impaired High risk Medium risk Low risk

  43. Slide 43: Changes in Exposure last 12 Months

    Changes in Exposure last 12 Months Non- performing /impaired (NOK million) High risk Medium risk Low risk

  44. Slide 44: Exposure Distributed by Size

    Exposure Distributed by Size* 31.03.2024 31.03.2025 *) Incl. parent bank, SpareBank 1 Boligkreditt and SpareBank 1 Næringskreditt

  45. Slide 45: LTV Mortgage Loans

    LTV Mortgage Loans 31.03.2024 31.03.2025

  46. Slide 46: Diversified Portfolio in Commercial Real Estate

    Diversified Portfolio in Commercial Real Estate

  47. Slide 47: Loan Losses

    Loan Losses G ’ bond companies Commitments in step 3: 1.47 % of total exposure. Expected loss share: 22.42 % Commitments in step 2: 12.82 % of total exposure. Expected loss share: 2.52 % Commitments in step 1: 85.71 % of total exposure. Expected loss share: 0.13 %

  48. Slide 48: The Lending Portfolio

    The Lending Portfolio* *) Incl. SpareBank 1 Boligkreditt

  49. Slide 49: Funding

    Funding NOK 24,193 mill in capital market funding exclusive of SpareBank 1 Boligkreditt and SpareBank 1 Næringskreditt SpareBank 1 Boligkreditt and SpareBank 1 Næringskreditt is important funding sources. In total NOK 47,816 mill had been transferred as of 31.03.2025 Amount of gross maturities of ca

  50. Slide 50: SpareBank 1 Alliance

    SpareBank 1 Alliance • The SpareBank 1-alliance consists of 13 banks SpareBank 1 Nord-Norge • Operate exclusively in Norway (Tromsø) • ’ most extensive branch network with approx. 350 branches SpareBank 1 Helgeland • The alliance is in the forefront of (Mo i Rana) incorporating technological innovat

  51. Slide 51: SpareBank 1 Alliance companies

    SpareBank 1 Alliance SpareBank 1 SMN SpareBank 1 SR-Bank SpareBank 1 Samspar SpareBank 1 LO Nord-Norge Østlandet SpareBank 1 BN Bank SpareBank 1 SpareBank 1 Gruppen SpareBank 1 Alliance Markets Boligkreditt SpareBank 1 Kredittbanken AS SpareBank 1 SpareBank 1 Fremtind Kredinor Mobilitet Næringskredi

  52. Slide 52: Slide 52

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