Sparebank 1 Ostlandet (0RU6) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everyone watching me on the screen today. It's a very nice autumn day, and I look forward to presenting the talks for the third quarter, Sparbanken Østlandet, together with Finance Director Geregel Bolstad. So let's jump right into the facts. There is a quarter that we are backing up with a good return. 13.5% on the one-capital return, which we think is good in this quarter, which has also affected some high losses. And there is a strong contribution from all income lines. And if I draw up something, it's the interest rate net. It is up 3% from last quarter, and 4.4% from last quarter, including provisions for the housing credit company. So there is a good development in the rent net, and we are very happy about that. And it is due to good growth, especially within the personal market. We are up 5.2% on outlay in the personal market, and despite strong competition, we have taken market share in all our regions. On the business side, it is a more stable development and a moderate activity level. The division works very well with broad sales. It goes from insurance, savings, pensions, to currency and interest, so there are also good contributions to the business market. Broad income is up 7%, and I have to add two data sources today. Finans Østlandet has up 16% year-to-date, and the income-savings, which was merged on May 1st this year, is up 58% net result from the same time last year. So there is good development also on the salary side. Financial positions and costs will usually come back, also at a loss. But in total, a net income of 2.19, up from 2.17 last quarter, we are very pleased with. We have seen the financial targets as this version since August last year. And we deliver well the first nine months of 2025. We are at 14.1% per capita, and we h...