Financial highlights - Group

Income statement          
 Q3 2016Q3 201530.09.201630.09.20152015
 NOK million%NOK million%NOK million%NOK million%NOK million%
Net interest income2781,822831,938031,778131,881 0981,89
Net commission and other operating income490,32520,371370,311500,351930,33
Net return from financial investments250,16-19-0,15990,22150,03120,02
Total income3522,303162,151 0392,309782,261 3032,24
Total operating costs1480,971461,004430,984371,015610,96
Profit before impairment on loans2041,331701,155961,325411,257421,28
Impairment on loans, guarantees etc.50,03100,0700,00250,06500,09
Pre tax profit1991,301601,085961,325161,196921,19
Profit after tax1520,991140,774581,013750,865030,87
Statement of financial position     
NOK million30.09.2016% change YTD 201631.12.2015% change during last 12 months30.09.2015
Total assets61 7902,860 1203,659 641
Average assets60 3553,958 1134,857 570
Loans to and receivables from customers51 7530,951 2860,651 419
Gross loans to retail customers36 4154,634 8226,234 299
Gross loans to corporate and public entities15 467-6,416 526-9,817 138
Deposits from customers32 35010,129 38910,529 286
Deposits from retail customers18 5123,817 8295,217 605
Deposits from corporate and public entities13 69018,511 55020,111 403
Key figures     
 Q3 2016Q3 201530.09.201630.09.20152015
Return on equity (annualised)12,19,612,410,810,7
Costs as a percentage of income42,346,442,644,743,0
Losses as a percentage of loans 1.1/start of the period0,010,070,000,070,10
Problem loans as a percentage of loans (prior to impairment)0,430,460,430,460,47
Problem loans as a percentage of loans (after impairment)0,300,290,300,290,32
Deposits to lending ratio as a percentage62,557,062,557,057,3
Liquidity Coverage Ratio (LCR)114135114135123
Lending growth as a percentage1,11,90,68,34,9
Deposit growth as a percentage2,42,310,52,63,5
Capital adequacy ratio 1) 2)18,817,218,817,218,1
Core capital as a percentage 1) 2)17,315,717,315,716,6
Core tier 1 capital as a percentage 1) 2)14,913,314,913,314,1
Leverage Ratio (LR)8,17,88,17,88,0
Equity Certificates (ECs)      
Profit per EC (Group) (NOK)22,9518,8025,2531,2021,6531,05
Profit per EC (Parent Bank) (NOK)25,5021,3025,7029,1018,4527,75
EC fraction 1.1 as a percentage (Parent Bank)49,649,649,649,647,746,0
Number of ECs issued (NOK million)988,70988,70988,70988,70988,70784,11
Price at Oslo Stock Exchange (NOK)205214188216198160
Stock market value (NOK million)2 0272 1111 8592 1361 9581 255
Book value per EC (Group) (NOK)263248253242223219
Dividend per EC (NOK)11,5013,5011,5013,508,0012,00
Price/Earnings (Group, annualised)8,99,97,37,410,75,8
Price/Book value (P/B) (Group) 3)0,780,860,740,890,890,73
1) Calculated according to IRB in Basel II incl. transitional rule in Basel I. IRB for mass market from 31st March 2015 and IRB Foundation for corporate commitments from 30th June 2014.
2) Incl. 50 per cent of profit after tax      
3) Incl. 100 per cent of profit after tax