Profit performance

QUARTERLY PROFIT (NOK million)	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024
Net interest income	86	72	67	72	74
Other operating income	-11	1	0	-5	-3
Total operating expenses	17	17	17	14	14
Profit before impairment on loans	58	56	50	53	57
Impairment on loans	3	1	0	-1	-3
Pre-tax profit	55	55	50	54	60
Taxes	12	12	11	12	13
Profit after tax	43	43	39	42	47

As a percentage of average assets:
Net interest income	0.90	0.78	0.71	0.82	0.86
Other operating income	-0.12	0.01	0.00	-0.05	-0.04
Total operating expenses	0.17	0.18	0.18	0.15	0.17
Profit before impairment on loans	0.61	0.61	0.53	0.62	0.65
Impairment on loans	0.03	0.01	-0.01	0.00	-0.04
Pre-tax profit	0.58	0.60	0.54	0.62	0.69
Taxes	0.13	0.13	0.12	0.14	0.15
Profit after tax	0.45	0.47	0.42	0.48	0.54

Average total assets (NOK million)	38 055	37 184	37 918	34 771	34 258

ACCUMULATED PROFIT FOR THE YEAR (NOK million)	30.06.2025	30.06.2024	31.12.2024
Net interest income	158	144	283
Other operating income	-10	-7	-12
Total operating expenses	34	29	60
Profit before impairment on loans	114	108	211
Impairment on loans	4	-5	-6
Pre-tax profit	110	113	217
Taxes	24	25	48
Profit after tax	86	88	169

As a percentage of average assets:
Net interest income	0.84	0.82	0.79
Other operating income	-0.05	-0.04	-0.03
Total operating expenses	0.18	0.17	0.17
Profit before impairment on loans	0.61	0.61	0.59
Impairment on loans	0.02	-0.03	-0.02
Pre-tax profit	0.59	0.64	0.61
Taxes	0.13	0.14	0.14
Profit after tax	0.46	0.50	0.47

Average total assets (NOK million)	37 620	35 033	35 689