Bien Sparebank (BIEN) Q1 2026 earnings summary

Executive summary

• Delivered stable and robust results in Q1 2026, maintaining profitability despite increased investments in advisory capacity and technology to support future growth ambitions.

• Net profit after tax was NOK 11.8 million, unchanged from Q1 2025, with higher net interest income offset by lower commission and other income.

• Strategic focus on scalable growth in the Oslo market, leveraging Eika alliance for advanced technology and efficiency.

Financial highlights

• Net profit after tax: NOK 11.8 million (unchanged year-over-year).

• Net interest income: NOK 36.2 million, up NOK 1.4 million from Q1 2025.

• Cost/income ratio: 56.9% (up from 54.0% in Q1 2025) due to planned investments.

• Total lending (incl. EBK): NOK 7,399 million, up 13.9% year-over-year.

• Deposit coverage: 79.63% (down from 82.71% in Q1 2025).

• Liquidity Coverage Ratio (LCR): 169 (well above regulatory minimum).

Outlook and guidance

• Continued focus on profitable growth in the Oslo region, with no need to expand beyond the core market.

• Investments in advisory capacity and technology expected to yield positive effects in coming quarters.

• Market conditions remain robust but are marked by international uncertainty and moderate housing price growth in Oslo.