Romerike Sparebank (ROMER) investor relations material

Executive summary

• Achieved strong lending growth in Q1 2026, especially in mortgages, with continued focus on customer satisfaction and profitable expansion in both new and established markets.

• Strategic initiatives include establishing a foundation and preparing for Oslo Børs main list, aimed at strengthening capital structure and market position.

• Forretningskapital increased to NOK 26.8 billion, up 16.5% year-over-year.

• Bank maintains a solid rating (A- with stable outlook) and is well-positioned for further growth in a high-potential region.

Financial highlights

• Result before tax: NOK 46.0 million (down from NOK 59.1 million YoY); result after tax: NOK 34.9 million (down from NOK 44.8 million YoY).

• Net interest income: NOK 86.8 million, NOK 7.3 million lower YoY due to margin pressure and increased funding costs.

• Cost/income ratio (12 months): 43.3% (up from 41.2% YoY) due to investments in new markets, premises, and staff.

• Dividend of NOK 10.50 per equity certificate paid in April.

• Customer deposits at NOK 11.5 billion, up 5.1% YoY.

Outlook and guidance

• Focus remains on profitable growth, digitalization, and operational efficiency.

• Ambition to increase market share and lending volume, leveraging upgraded premises and digital solutions.

• Awaiting regulatory approval for capital structure changes to further optimize equity certificate ownership.