Financial highlights - Group

	Q3 2018		Q3 2017		30.09.2018		30.09.2017		2017
Income statement
	NOK million	%	NOK million	%	NOK million	%	NOK million	%	NOK million	%
Net interest income	290	1.63	281	1.72	870	1.68	810	1.70	1 100	1.72
Net commission and other operating income	56	0.33	51	0.32	155	0.30	143	0.30	194	0.30
Net return from financial investments	5	0.02	4	0.02	37	0.07	41	0.09	48	0.08
Total income	351	1.98	336	2.06	1 062	2.05	994	2.09	1 342	2.10
Total operating costs	152	0.86	145	0.89	451	0.87	446	0.94	590	0.92
Profit before impairment on loans	199	1.12	191	1.17	611	1.18	548	1.15	752	1.18
Impairment on loans, guarantees etc.	7	0.04	6	0.04	4	0.01	14	0.03	13	0.02
Pre-tax profit	192	1.08	185	1.13	607	1.17	534	1.12	739	1.16
Tax	43	0.24	46	0.28	143	0.27	134	0.28	182	0.28
Profit after tax	149	0.84	139	0.85	464	0.90	400	0.84	557	0.88

Statement of financial position
(NOK million)	30.09.2018	% change YTD 2018	31.12.2017	% change during last 12 months	30.09.2017
Total assets	69 876	5.1	66 491	5.6	66 189
Average assets	69 037	7.9	64 000	9.0	63 354
Loans to and receivables from customers	59 620	4.8	56 867	5.5	56 488
Gross loans to retail customers	41 242	3.6	39 817	5.1	39 245
Gross loans to corporate and public entities	18 585	8.3	17 168	7.0	17 370
Deposits from customers	34 684	5.7	32 803	4.8	33 082
Deposits from retail customers	20 716	5.2	19 688	5.2	19 696
Deposits from corporate and public entities	13 968	6.6	13 101	5.6	13 230

	Q3 2018	Q3 2017	30.09.2018	30.09.2017	2017
Key figures
Return on equity (annualised) 4)	10.3	10.5	10.9	10.2	10.4
Cost income ratio	43.4	44.2	42.5	44.9	44.0
Losses as a percentage of loans (annualised)	0.05	0.04	0.01	0.03	0.02
Problem loans as a percentage of loans (prior to impairment)	0.57	0.61	0.57	0.61	0.57
Problem loans as a percentage of loans (after impairment)	0.42	0.45	0.42	0.45	0.40
Deposit-to-loan ratio	58.2	58.6	58.2	58.6	57.7
Liquidity Coverage Ratio (LCR)	122	112	122	112	159
Lending growth as a percentage	5.1	0.8	5.5	9.1	7.9
Deposit growth as a percentage	5.2	-1.3	4.8	2.3	0.7
Capital adequacy ratio 1) 2)	19.4	19.1	19.4	19.1	18.4
Tier 1 capital ratio 1) 2)	17.4	17.1	17.4	17.1	16.8
Common Equity Tier 1 capital ratio (CET1) 1) 2)	15.8	14.5	15.8	14.5	15.0
Leverage Ratio (LR) 2)	8.2	8.5	8.2	8.5	8.2
Man-years	363	363	363	363	359

	30.09.2018	30.09.2017	2017	2016	2015	2014
Equity Certificates (ECs)
Profit per EC (Group) (NOK) 3)	22.85	20.10	27.70	28.80	25.25	31.20
Profit per EC (Parent Bank) (NOK) 3)	23.30	22.30	27.00	29.85	25.70	29.10
EC fraction 1.1 as a percentage (Parent Bank)	49.6	49.6	49.6	49.6	49.6	49.6
EC capital (NOK million)	988.70	988.70	988.70	988.70	988.70	988.70
Price at Oslo Stock Exchange (NOK)	288	260	262	254	188	216
Stock market value (NOK million)	2 847	2 571	2 590	2 511	1 859	2 136
Book value per EC (Group) (NOK)	296	274	289	275	257	244
Dividend per EC (NOK)	14.00	14.00	14.00	14.00	11.50	13.50
Price/Earnings (Group, annualised)	9.5	9.7	9.4	8.8	7.3	7.4
Price/Book value (P/B) (Group) 3)	0.97	0.94	0.91	0.93	0.73	0.89
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) Calculated using the EC-holders' share (49.6 %) of the period's profit to be allocated to equity owners.
4) Calculated using the share of the profit to be allocated to equity owners.