Kurs & Likviditet
Beskrivning
| Land | Norge |
|---|---|
| Lista | 39974 |
| Sektor | Finans |
| Industri | Bank |
2024-02-08 07:30:00
SpareBank 1 Nord-Norge reports a pre-tax result of 3,273 million Norwegian
kroner after 2023. The corresponding figure for 2022 was 2,364 million kroner.
- The numbers are strong, and we are performing well across all parameters by
which banks are measured, says CEO Hanne Karoline Kræmer.
The CEO highlights significant growth in both the personal and corporate
markets.
- We have increased market shares in almost all areas. In a year where
underlying credit growth has been weak, it's gratifying that the personal market
has grown by 3.8 percent, and our corporate market has surged by an impressive
15.5 percent compared to 2022. This tells me that SpareBank 1 Nord-Norge is
competitive relative to other banks, and that the business landscape in Northern
Norway continues to thrive, with investments for the future. This is further
supported by the low number of bankruptcies, and only a slight increase in
delinquency. I am more than pleased with both aspects.
High Dividends and Solid Returns
The bank is well-capitalized, and 61.4 percent of the surplus is therefore
distributed as dividends.
- We propose a dividend of 7 Norwegian kroner per equity certificate. We can do
this without compromising our growth prospects, because we still maintain a very
solid capital base. The dividend also contributes to a societal benefit of more
than 800 million kroner, which will be allocated in a way that ensures further
development of the region, says Kræmer.
Profitability is also strong.
- Our group has a financial goal of achieving top equity return among comparable
financial institutions. We are really satisfied with 16.4 percent, she adds.
Main points, full year 2023:
o Pre-tax profit: 3,273 MNOK (2,364)
o Return on equity: 16.4 % (11.9 %)
o C/I-ratio: 36 % (40.3 %)
o Losses: 116 MNOK (63)
o CET1 ratio: 17.1 % (17.3 %)
o Proposed dividend: 7 NOK per equity certificate
(2022 in brackets)
Contacts:
o CEO Hanne Karoline Kræmer, telephone (+47) 414 70 483
o CFO Bengt Olsen, telephone (+47) 975 89 560
o CCO Stein Vidar Loftås, telephone (+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 8, 2024 at 07:30 CET.