Sparebank 1 Nord-norge · OSL:NONG
Sparebank 1 Nord-norge — Q2 2025 Earnings Presentation
45 slides from Sparebank 1 Nord-norge's earnings presentation, Aug 7, 2025
Slide 1: Quarterly Report 2Q 2025
Quarterly Report 2Q 2025 Oslo, August 7th 2025 Hanne Karoline Kræmer, CEO Bengt Olsen, CFO
Slide 2: Highlights, Outlook, Financial status, Appendix
@ Highignts 2 Outlook 3 Financial status 4 Appendix jareBank NORD-NORGE
Slide 3: Highlights first half 2025
Highlights first half 2025 Pre-tax profitt ROE 2.178 MNOK (1889) 18.9 % (18.2) CET1 ratio C/l ratio Losses 16.2 % (16.4) 31.7 % (32.5) 27 MNOK (51) SpareBank NORD-NORGE
Slide 4: Subsidiaries – Earning Before Tax
Subsidiaries – Earning Before Tax
Slide 5: Highlights Outlook Financial status Appendix
1 Highlights 6 Outlook 3 Financial status 4 Appendix jareBank NORD-NORGE
Slide 6: The Leading Bank in Northern Norway – Positioning Survey Retail (Kantar)
The Leading Bank in Northern Norway – Positioning Survey Retail (Kantar) SpareBank 1 Nord-Norge DNB Nordea Other savingsbank Sbanken Danske Bank
Slide 7: A growing bank! Total loans
A growing bank! Total loans * Retail Corporate * Loans as of 30.06.2025, provide an annualized growth of 5.4%
Slide 8: A Region with Strong Appeal!
A Region with Strong Appeal! Guest nights, Northern Norway International flight movements at Tromso Airport 63% 5 Y 5 278 193 4322 2014 2024 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025M06 SpareBank NORD-NORGE
Slide 9: Status and Outlook in Northern Norway
Status and Outlook in Northern Norway
Slide 10: Highlights Outlook
1 Highlights 2 Outlook e Financial status 4 Appendix jareBank NORD-NORGE
Slide 11: Group Financial Highlights and Key Figures
Group Financial Highlights and Key Figures
Slide 12: Quarterly Development
Quarterly Development CET1 ratio Return on equity capital Cost/income Group 321% 17.0% 73 % 16.8% 166% 16.6% . 162% 35.2% 332% 318% 316% 31.8% 20.3% tax (89% 18.9% | 1024 2024 -3Q24 = 4Q24 1025-225 1024-2024 = -3Q24-—4Q24 1025-2025 1024 2024 = -3Q24-4Q24 1Q25_ 2025 SpareBank NORD-NORGE
Slide 13: Earnings Before Tax - Last Quarter
Earnings Before Tax - Last Quarter (Amounts in NOK million)
Slide 14: Low Losses
Low Losses Net losses in % of gross Net losses lending incl. interm. loans (Amount in NOK million) Corporate Retail
Slide 15: Development in Net Interest Income
Development in Net Interest Income Net interest in % of average assets NII
Slide 16: Lending Growth
Lending Growth Retail Corporate
Slide 17: Retail Market
Retail Market Retail (excl. Commission loans Com.loans
Slide 18: Corporate Banking
Corporate Banking Lending growth Development in lending margin (iso) 2.6% 2.7% 2.6% 2.6% 2.6% 27% 1924 2Q24 3Q24 4Q24 1025 2Q25 Lending growth (12 mth) 13.8% 1924 2Q24 3Q24 4Q24 1925 2925 SpareBank NORD-NORGE
Slide 19: Deposit Growth
Deposit Growth Retail Market Corporate Banking Public sector ee 45,144 46,884 SEAS 33,03; 33,98 30,643 33,032 1 7 —[(1281%} 9,058 8,499 wey 6/30/2023 6/30/2024 6/30/2025 6/30/2023 6/30/2024 6/30/2025 6/30/2023 6/30/2024 6/30/2025 Gross deposits SpareBank NORD-NORGE
Slide 20: Development in Deposit Margins
Development in Deposit Margins Retail Corporate
Slide 21: 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 in both Retail and Corporate sector is under pressure due to high interest rates, but the regi
Slide 22: Long Term Financial Targets
Long Term Financial Targets < 40 % C/I ratio > 13 % > 50 % ROE Dividend payout ratio 15,8 % CET1 ratio
Slide 23: Financial Outlook
Financial Outlook CET1 Ratio Cost/income Pay out ratio Average NIBOR was higher in Q2 than in Q1 due to economic uncertainty following Trump’s ‘Liberation Day’. This has weakened the net interest margin on lending during the quarter. Entering Q3, NIBOR has declined, which strengthens the net interes
Slide 24: Why Invest in SpareBank 1 Nord-Norge
Why Invest in SpareBank 1 Nord-Norge
Slide 25: 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
Slide 26: Highlights Outlook Financial status Appendix
1 Highlights 2 Outlook 3 Financial status 4) Appendix jareBank NORD-NORGE
Slide 27: A Solid Bank For Northern Norway
A Solid Bank For Northern Norway
Slide 28: Development in Lending Margins
Development in Lending Margins Corporate Retail
Slide 29: 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 16.59 % | Covered bond company Næringskreditt AS Norge AS Norge AS 0.58 % | Covered bond company 85 % | Loan/consumer finance/leasing 85 % | R
Slide 30: Geographical Distribution of Ownership
Geographical Distribution of Ownership Foreign holders Other Norwegian holders Holders residing in Northern Norway
Slide 31: The 20 Largest EC Holders
The 20 Largest EC Holders EC Holders Number of ECs ~ Share of EC Capital ‘Skandinaviska Enskilda Banken AB 55% Verdipapirfond Eika Egenkapitalbevis 50% Geveran Trading Company Ltd 40% kKommunal Landspensjonskasse Gjensidige 3.8% Pareto Aksje Norge Verdipapirfond 33% MP Pensjonskasse 25% Brown Brothe
Slide 32: Cost Development
Cost Development Cost/income Group Group operating costs (Amounts in NOK million)
Slide 33: Operating Expenses
(Amounts in NOK million) Operating Expenses
Slide 34: Net Fee- and Other Operating Income
Net Fee- and Other Operating Income
Slide 35: Risk Exposure
Risk Exposure 1,8% Non- performing /impaired High risk Medium risk Low risk
Slide 36: Changes in Exposure last 12 Months
Changes in Exposure last 12 Months Non- performing /impaired (NOK million) High risk Medium risk Low risk
Slide 37: Exposure Distributed by Size
Exposure Distributed by Size* 30.06.2024 30.06.2025 *) Incl. parent bank, SpareBank 1 Boligkreditt and SpareBank 1 Næringskreditt
Slide 38: LTV Mortgage Loans
LTV Mortgage Loans 30.06.2024 30.06.2025
Slide 39: Diversified Portfolio in Commercial Real Estate
Diversified Portfolio in Commercial Real Estate
Slide 40: Loan Losses
Loan Losses G ’ bond companies Commitments in step 3: 1.52 % of total exposure. Expected loss share: 19.53 % Commitments in step 2: 11.23 % of total exposure. Expected loss share: 2.42 % Commitments in step 1: 87.24 % of total exposure. Expected loss share: 0.13 %
Slide 41: The Lending Portfolio
The Lending Portfolio* *) Incl. SpareBank 1 Boligkreditt
Slide 42: Funding
Funding NOK 24,565 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 47,726 mill had been transferred as of 30.06.2025 Amount of gross maturities of ca
Slide 43: 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
Slide 44: 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
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