Profit performance

QUARTERLY PROFIT (NOK million)	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025
Net interest income	72	85	87	86	72
Other operating income	3	-4	0	-11	1
Total operating expenses	17	15	16	17	17
Profit before impairment on loans	58	66	71	58	56
Impairment on loans	2	-4	1	3	1
Pre-tax profit	56	70	70	55	55
Taxes	12	15	16	12	12
Profit after tax	44	55	54	43	43

As a percentage of average assets:
Net interest income	0.75	0.88	0.85	0.88	0.78
Other operating income	0.03	-0.04	0.00	-0.11	0.01
Total operating expenses	0.18	0.16	0.16	0.17	0.18
Profit before impairment on loans	0.60	0.68	0.69	0.60	0.61
Impairment on loans	0.01	-0.05	0.01	0.04	0.01
Pre-tax profit	0.59	0.73	0.68	0.56	0.60
Taxes	0.13	0.16	0.15	0.12	0.13
Profit after tax	0.46	0.57	0.53	0.44	0.47

Average total assets (NOK million)	38 379	38 304	40 884	38 911	37 194

ACCUMULATED PROFIT FOR THE YEAR (NOK million)	31.03.2026	31.03.2025	31.12.2025
Net interest income	72	72	330
Other operating income	3	1	-14
Total operating expenses	17	17	65
Profit before impairment on loans	58	56	251
Impairment on loans	2	1	1
Pre-tax profit	56	55	250
Taxes	12	12	55
Profit after tax	44	43	195

As a percentage of average assets:
Net interest income	0.75	0.78	0.85
Other operating income	0.03	0.01	-0.04
Total operating expenses	0.18	0.18	0.17
Profit before impairment on loans	0.60	0.61	0.64
Impairment on loans	0.01	0.01	0.00
Pre-tax profit	0.59	0.60	0.64
Taxes	0.13	0.13	0.14
Profit after tax	0.46	0.47	0.50

Average total assets (NOK million)	38 379	37 184	38 823