Logotype for SpareBank 1 Sør-Norge

SpareBank 1 Sør-Norge (SB1NO) investor relations material

SpareBank 1 Sør-Norge Q2 2025 earnings summary

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

Executive summary

  • Achieved strong operational results in Q2 2025, with robust lending and deposit growth, and high activity across segments.

  • Integration of SpareBank 1 Sør - Norge is progressing as planned, with technical merger set for September 2025.

  • Return on equity after tax reached 13.3% for H1 2025 and 12.9% for Q2 2025, or up to 14.9%/14.4% excluding one-off effects.

  • Earnings per share for Q2 2025 was NOK 5.0 (NOK 4.23 reported in some statements).

  • Merger synergies on track, NOK 60 million annualized by Q2 2025, targeting NOK 300 million annually by 2027.

Financial highlights

  • Pre-tax profit for H1 2025 was NOK 4,236 million; Q2 2025 profit after tax was NOK 1,668 million.

  • Net interest income for Q2 2025 was NOK 2,310 million, up NOK 48 million year-over-year.

  • Net commission and other income rose to NOK 858 million in Q2 2025, up 10% from Q2 2024.

  • Operating expenses were NOK 1,414 million, up NOK 221 million year-over-year, including NOK 68 million in merger costs and NOK 74 million for a legal case.

  • Impairments on loans and financial commitments at NOK 76 million in Q2 2025, 0.08% of gross lending.

Outlook and guidance

  • Maintains long-term targets: ROE >14%, CET 1 capital ratio >17.55%, cost/income <40%, and dividend share ~50%.

  • Expects stable earnings and profitable growth, with strong position in Southern Norway and reduced uncertainty from trade agreements.

  • CET1 capital ratio target is a minimum of 17.55%, expected to reduce to 17.08% following regulatory changes.

  • Dividend policy aims to distribute around 50% of annual profit, with a share buy-back program planned.

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

Next SpareBank 1 Sør-Norge earnings date

Logotype for SpareBank 1 Sør-Norge
Q3 202530 Oct, 2025
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next SpareBank 1 Sør-Norge earnings date

Logotype for SpareBank 1 Sør-Norge
Q3 202530 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 SR-Bank ASA, a retail bank, provides a range of services to private individuals, enterprises, and the local community. The company offers account and payment services; lending and mortgage services; securities services; telephone banking and online banking products; savings, investment portfolio management, and insurance products; trading on the financial markets; travel insurance and assistance, and other products for travelers; currency services; corporate finance advisory, leasing, factoring, and supplier credit insurance services; payments. Factoring Receivables integration solutions to suppliers of office equipment and supplies; pension products for companies; cash handling systems installation services as well as secure cash deposits through agencies/branches or locksmiths. SpareBank 1 SR-Bank ASA was founded in 1839 and is headquartered in Stavanger, Norway.

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