Profit performance

QUARTERLY PROFIT (NOK million)	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024
Net interest income	85	87	86	72	67
Other operating income	-4	0	-11	1	0
Total operating expenses	15	16	17	17	17
Profit before impairment on loans	66	71	58	56	50
Impairment on loans	-4	1	3	1	0
Pre-tax profit	70	70	55	55	50
Taxes	15	16	12	12	11
Profit after tax	55	54	43	43	39

As a percentage of average assets:
Net interest income	0.88	0.85	0.88	0.78	0.71
Other operating income	-0.04	0.00	-0.11	0.01	0.00
Total operating expenses	0.16	0.16	0.17	0.18	0.18
Profit before impairment on loans	0.68	0.69	0.60	0.61	0.53
Impairment on loans	-0.05	0.01	0.04	0.01	-0.01
Pre-tax profit	0.73	0.68	0.56	0.60	0.54
Taxes	0.16	0.15	0.12	0.13	0.12
Profit after tax	0.57	0.53	0.44	0.47	0.42

Average total assets (NOK million)	38 304	40 884	38 911	37 194	37 918

ACCUMULATED PROFIT FOR THE YEAR (NOK million)	31.12.2025	31.12.2024
Net interest income	330	283
Other operating income	-14	-12
Total operating expenses	65	60
Profit before impairment on loans	251	211
Impairment on loans	1	-6
Pre-tax profit	250	217
Taxes	55	48
Profit after tax	195	169

As a percentage of average assets:
Net interest income	0.85	0.79
Other operating income	-0.04	-0.03
Total operating expenses	0.17	0.17
Profit before impairment on loans	0.64	0.59
Impairment on loans	0.00	-0.02
Pre-tax profit	0.64	0.61
Taxes	0.14	0.14
Profit after tax	0.50	0.47

Average total assets (NOK million)	38 823	35 689