Logotype for SPAREBANK 1 NORD-NORGE

SPAREBANK 1 NORD-NORGE (NONG) investor relations material

SPAREBANK 1 NORD-NORGE Q2 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for SPAREBANK 1 NORD-NORGE
Q2 2025 earnings summary7 Aug, 2025

Executive summary

  • Pre-tax profit for H1 2025 reached NOK 2,178 million, with ROE at 18.9% and cost/income ratio at 31.7%.

  • Achieved record profit after tax of NOK 951 million in 2Q25, up 26% year-over-year, with ROE at 20.3%.

  • Loan losses remained low at NOK 27 million for H1 2025, with net loan loss reversals of NOK 30 million in 2Q25.

  • One-off costs of NOK 46 million in 2Q25 impacted results, but underlying operations remain solid.

  • The bank maintains a leading market position in Northern Norway, gaining market share and strong customer loyalty.

Financial highlights

  • Net interest income for 2Q25 was NOK 1,003 million, slightly down from NOK 1,007 million in 1Q25 and NOK 995 million in 2Q24.

  • Net fee and other operating income reached NOK 370 million, up from NOK 351 million in 2Q24.

  • Net income from financial investments surged to NOK 298 million, up from NOK 102 million in 2Q24.

  • Total income in 2Q25 reached NOK 1,671 million, with result after tax at NOK 951 million, up from NOK 811 million in 1Q25.

  • Net losses on loans and guarantees in 2Q25 were -NOK 30 million, reflecting continued low credit risk.

Outlook and guidance

  • Net interest margin is expected to remain under pressure due to competition and policy rate cuts, but above pre-pandemic levels.

  • Further interest rate cuts in 2025 and 2026 are expected to stimulate lending and economic activity.

  • The bank targets lending growth of 4-7% in retail and 3-6% in corporate for 2025.

  • Cost measures are expected to reduce expenses by NOK 40-50 million annually by 2027, supporting a cost/income ratio below 40%.

  • Dividend payout ratio is expected to remain above 50%, with a solid capital base supporting distributions.

Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next SPAREBANK 1 NORD-NORGE earnings date

Logotype for SPAREBANK 1 NORD-NORGE
Q3 202528 Oct, 2025
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next SPAREBANK 1 NORD-NORGE earnings date

Logotype for SPAREBANK 1 NORD-NORGE
Q3 202528 Oct, 2025

The essential earnings season companion

The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

SpareBank 1 Nord-Norge is a financial institution based in Norway, offering a comprehensive range of banking services primarily to retail and corporate clients. The bank's service portfolio includes mortgage, construction, consumer, and automobile loans; savings and pension accounts; stocks and mutual funds; and debit and credit card services. Additionally, it provides insurance solutions encompassing life, vehicle, boat, property, savings and pension plans, disability, health, construction, transportation, group accident, liability, machinery, assets, occupational injuries, agriculture, and fire-related damages. Other offerings include overdrafts, leasing and factoring, online banking, mobile banking, VPS services, trading, and payment services. The company is headquartered in Tromsø, Norway, and its shares are listed on the Oslo Stock Exchange.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage