Sparebank 1 Ostlandet (0RU6) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning everyone, this Friday, February 13th. We are here from Hamar, and welcome to everyone who is on the digital webcast today. My name is Klara Lise Aasen, and I am the CEO of Sparebanken Østlandet, and I will be going through the fourth quarter together with Gerd Hegel Bodse, who is the financial director. And if you have any questions along the way, feel free to send them to investor at sbnostlandet.no. Then I will first take the lead for the quarter. It is a solid quarter we are behind. It is a one-capital transfer that has exceeded our goal of 13% and underlies a good banking business. In addition to some, there are the broad revenues. They are especially good this quarter, with a double percentage from last year. As a rule, I will go through more details on them. In addition, I would like to mention Dataselskapet, Finans Østlandet and Innosmøgler 1, Østlandet, which has delivered very good figures in 2025. TAP's figures are a bit higher. There are interest-sensitive businesses, especially the construction industry, which is also demanding this quarter. We have 32 basis points in TAP, and 19 basis points for 2025, which is the same as in 2024. More details on this will be released by G-regel. If we look at the year in a row, it is a strong year. It is the second year in a row where we have a drop over our target, which we adjusted in the fall of 2024 to 13%, at 13.9% in a row for the year. Last year, we had a fairly large effect from the previous EIKA-fusion, which outputs a whole 1.3% on the 15.8%, from still very solid figures for both 2024 and 2025. In addition, we are very solid in terms of capital coverage. Our goal is now 15.9%, slightly adjusted down from 16.1% last quarter. We have received updated Pillar 2 proposals that have changed from 1.9% t...