Romerike Sparebank (ROMER) Q4 2025 earnings summary

Executive summary

• Achieved record pre-tax profit of NOK 289.8 million in 2025, up from NOK 249.6 million in 2024, with after-tax profit at NOK 226.1 million.

• Forretningskapital increased to NOK 25.7 billion, a 13.8% rise, and customer base grew to 29,500.

• Maintained high customer satisfaction and leading local market share, with ambitions to further increase market presence.

• Opened new flagship office in Lillestrøm and expanded to Jessheim, strengthening regional presence.

• Implemented key structural changes, including conversion of the bank's foundation capital, establishment of a savings bank foundation, and planned listing on Oslo Børs main list.

Financial highlights

• Pre-tax profit reached NOK 289.8 million in 2025, up from NOK 249.6 million in 2024.

• Net interest income for 2025 was NOK 381.3 million, down NOK 10 million due to higher funding costs and lower interest rates.

• Gross lending growth (including EBK) was 12.7% year-over-year, with total business capital at NOK 25.7 billion.

• Proposed dividend for 2025 is NOK 10.50 per equity certificate, with a payout ratio of 83%.

• Direct yield based on year-end share price and proposed dividend is 7.3%.

Outlook and guidance

• Ambition to grow faster than the market, targeting business capital above NOK 40 billion by 2030.

• Aims for return on equity above 11% and cost/income ratio below 35% by 2030.

• Well-capitalized and positioned for continued lending growth and market share expansion in 2026.

• Focus on operational efficiency and digital solutions to enhance competitiveness.

• Expects continued strong population growth in the core region, supporting further expansion.