Haugesund Sparebank (HGSB) CMD 2025 presentation summary

Strategic developments

• Announced a merger, stock exchange listing, and new alliance as of December 2025.

• Maintains a vision to enhance quality of life in Haugalandet and Sunnhordland.

• Emphasizes local presence, personal service, and strong regional roots.

Market position and customer base

• Operates mainly in Haugalandet and Sunnhordland, with presence in Bergen and Oslo.

• Holds 4,600 corporate and 31,700 personal customers as of Q3 2025.

• Market share in Haugesund is 27%, with significant shares in Karmøy, Tysvær, and Vindafjord.

Financial performance and growth

• Total business capital reached NOK 24.7 billion by Q3 2025, with 27.43% loan growth.

• Q3 2025 net profit after tax was NOK 200.7 million, with an 11.6% return on equity.

• Cost-to-income ratio at 45.7%, slightly above target.

• Net interest margin stable at 2.5% of average assets.