SpareBank 1 Nord-Norge: Strong numbers from Northern Norway

12 Feb 2026 07:30 CET

SpareBank 1 Nord-Norge delivers a pretax profit of NOK 4,279 million for 2025.
The corresponding figure for 2024 was NOK 4,512 million.

– I am pleased both with the result and with the performances, says CEO Hanne
Karoline Kræmer.
Kræmer highlights the strong growth in the retail market as particularly
positive.

– A 12-month growth rate of 9.8 percent in the retail market is very solid. The
combination of competitive pricing, strong digital services and personal
advisory support means that people in the north actively choose us – 4 out of 10
are now our customers. 12 months growth rate in the corporate market is more
moderate, at 2.2 percent, reflecting a market with slightly lower activity and
increased uncertainty, driven by unstable geopolitics, tariff threats and less
predictable operating conditions.

The Group has low losses and maintains strong cost control.

– We work continuously on the cost side, and a C/I ratio of 32.5 percent is in
line with expectations. Very low individual losses confirm that Northern Norway
remains resilient despite a turbulent macroeconomic environment. The region has
few bankruptcies – 230 in 2025 – and very low unemployment. This provides a
solid foundation for continued value creation, and for us as a financial group,
says Kræmer.

High Dividend and Strong Returns

SpareBank 1 Nord-Norge is well capitalized, and 56 percent of the profit is
therefore distributed as dividends.

– We are proposing a dividend of NOK 8.5 per equity certificate. We can do this
without limiting our growth opportunities, says Kræmer, who emphasizes the
Group’s strong profitability.

– The Group has a financial target of achieving a return on equity at the top
among comparable financial institutions. For 2025, return on equity ended at
18.1 percent, which is satisfying.

Revised targets

SpareBank 1 Nord Norge has over time delivered a return on equity that ranks
among the very best in Norway and the Nordic region. The Group’s Board has now
decided to raise the return-on-equity target from 13 to a minimum of 14 percent,
or on par with comparable banks. The cost ratio target is at the same time
adjusted from 40 percent to a maximum of 35 percent.

Key Figures:
• Pretax profit: NOK 4,279 million (4,512)
• Return on equity: 18,1% (21,8%)
• C/I ratio: 32,5% (30,2%)
• Losses: NOK 81 million (110)
• Core capital ratio: 16.2% (16,8%)
• Dividend: NOK 8.5 per equity certificate (8,75)
(Comparable figures for 2024 in brackets)

Contacts:
• CEO Hanne Karoline Kræmer, +47 414 70 483
• CFO Bengt Olsen, + 47 975 89 560
• COS Stein Vidar Loftås, +47 951 26 576

This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act. This stock exchange announcement was
published by Morten Tønder Albertsen, Head of Communications at SpareBank 1
Nord-Norge, on February 12, 2026 at 07:30 CET.

More information:
Access the news on Oslo Bors NewsWeb site

665542_SpareBank 1 Nord-Norge Quarterly Presentation 4Q25.pdf
665542_SpareBank 1 Nord-Norge Quarterly Report 4Q25.pdf