Sparebank 1 Smn Prim Cap (SRMGF) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

A warm welcome to Jan Frode Jansson and Trond Søra, the CEO. Thank you, Skaldiha, and ReCirculate. It's actually the 97th time I'm presenting a bank quarter. But it feels a bit special here and now. Of course, it's something to do on the very edge of the room, in this hall, which no one calls home cozy. But to do it as the Sparbank 1 Alliance, it's a source of pride for me. I'm extremely proud when I hear about the other banks, who talk about growth, who talk about recognition, who talk about ambitions. I'm also proud of how we perform in the team, because we deliver Norway's best mobile bank, which we are proud of. We have been developing the future, Norway's largest insurance company in the personal market. And when it gets tough, for example, CrediNor, we stand by it. We do what's necessary, and we get it right, and we get it right again with the black number. So therefore, a dose of pride. When it comes to the numbers for SMN, I don't think they're behind anyone. We are. We are going to be a premium Sparbank. The quarter's emissions are 16.2%. What am I particularly pleased with? I think it's the margin management. It's reasonable. It's the broadest in the best SMN, and the least dependent bank in Norway. It's the calmness we have within everything we do. Our daughters, the maids, the cash house, the result margin, well over 20%. I think most people struggle to deliver that. We are very solid. So solid that a couple of people have told me today that they have a lot of capital. So we think that because of the challenges in the bank, it's the least. Because it makes us robust, we can take growth, give the dates a profit, and we can share a reasonable exchange. It's like that. We do that every quarter, of course. But what it's about is delivering every time. And to ...