SPAREBANK 1 SOR-NORGE ASA
SB1NO
ISIN NO0010631567 / Valor 14619731
SPAREBANK 1 SOR-NORGE ASA
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About company
SpareBank 1 Sør-Norge ASA is a prominent regional savings bank in Norway, operating as part of the SpareBank 1 Alliance. The bank offers a comprehensive range of financial services to both individual and business clients, including retail banking, corporate banking, loans, mortgages, and insurance products. With a strong presence in Southern Norway, SpareBank 1 Sør-Norge ASA focuses on providing tailored financial solutions and maintaining close relationships with its customers. The institution is guided by experienced leadership, with board members bringing diverse expertise from various sectors such as finance, innovation, and industry-specific roles. This foundation supports the bank's commitment to delivering reliable and effective banking services in a competitive market.
Summarized from source with an LLMView SourceSector: FinanceLatest Results (20.11.2025):
SPAREBANK 1 SOR-NORGE ASA — Q3 2025: The group delivered a strong Q3 2025 with operating profit before tax of NOK 2,120 million and profit after tax of NOK 1,697 million. Results were driven by higher net interest income and fee income, continued loan and deposit growth, contained impairments and solid capital and liquidity metrics.
Quarter result
Operating profit before tax: NOK 2,120 million; Profit after tax: NOK 1,697 million for Q3 2025.
Revenue
Total income in Q3 2025 was NOK 3,549 million, with net interest income of NOK 2,328 million and net commission/other income of NOK 778 million. Average net interest margin was 1.79% for the quarter.
Costs and impairments
Total operating expenses: NOK 1,314 million (cost/income ratio ~37.0%). Impairment losses on loans and financial commitments: NOK 115 million in Q3 2025 (impairment ratio ~0.12%).
Balance sheet growth
Gross loans to customers rose materially (12‑month growth shown at 36.1%; incl. transfers to credit institutions 43.3%). Deposits grew strongly year‑on‑year (52.4%). Deposit-to-loan ratio about 56.7%.
Capital and liquidity
Common Equity Tier 1 (CET1) ratio: 18.51%. Total capital ratio: 23.19%. Liquidity Coverage Ratio (LCR): 148% at quarter end.
Profitability and shareholder metrics
Return on equity after tax for Q3 2025: 13.0% (14.5% adjusted for goodwill/merger costs). Earnings per share for the quarter: NOK 4.29 (pro forma presentation provided).
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
4887 M
Market cap (USD)
220,894
Daily traded volume (Shares)
146.8 / 144
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
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Dividend yield (p.a.)
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P/E ratio
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EPS (USD)
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Ratings & reviews
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