Slides
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Rogaland Sparebank 4th Quarter 2025 Tomas Nordbø, CEO Siri Styles, CFO Sandnes 11.02.2026
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Agenda 1. Rogaland Sparebank 2025 2. Rogaland Sparebank 150 years (1876-2026) 3. Key Figures 4th Quarter 2025
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Financial targets for the strategy period 2025-2028 ROE >11% CET1 >16,15% Dividend [50-100%] Profitable growth >5% 62,5 % 75 % 75 % 75 % 93 %50,0 % 50 % 75,0 % 100 % 2021 2022 2023 2024 2025 Dividend Dividend lower target Dividend upper target 5,5 % 6,5 % 9,0 % 7,0 % 9,9 % 5,0 % 2021 2022 2023 2024 2025 12 months growth Growth target 9,7 % 8,5 % 9,9 % 12,2 % 11,3 % 10,0 % 11,0 % 2021 2022 2023 2024 2025 Return on equity after tax ROE target 16,6 % 17,8 % 17,8 % 17,1 % 18,8 % 14,1 % 15,1 % 16,2 % 16,8 % 16,15 % 2021 2022 2023 2024 2025 CET1 CET1 target
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• Profit after tax: MNOK 479,5 (457,6*) • Return on equity after tax of 11,3 % (12,2 %*) • Lending growth over the past 12 months of 9,9 % (7,0 %) • Net interest margin 1,88 % (1,95 %) • AUM 44 Bn (40 Bn) • Dividend for 2025 is proposed to11,7 kr (9,5) • Dividend for 2025 is proposed to 93% (75%) Rogaland Sparebank – A very good year ROE Summary 2025 281 266 330 458 480 9,7 % 8,5 % 9,9 % 12,2 % 11,3 % 3,0 % 4,0 % 5,0 % 6,0 % 7,0 % 8,0 % 9,0 % 10, 0 % 11, 0 % 12, 0 % 13, 0 % 0 100 200 300 400 500 600 2021 2022 2023 2024 2025 Operating profit after tax Return on equity after tax *Enkelte nøkkeltall var i 2024 påvirket av fusjonen mellom Sandnes Sparebank og Hjelmeland Sparebank
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The Bank Increase Market Share in Retail and Corporate Growth in lending YoY Lending growth by division YoY 9,9 % 0% 2% 4% 6% 8% 10% 12% 4Q21 2Q22 4Q22 2Q23 4Q23 2Q24 4Q24 2Q25 4Q25 9,6 % 10,9 % -10% -5% 0% 5% 10% 15% 4Q21 2Q22 4Q22 2Q23 4Q23 2Q24 4Q24 2Q25 4Q25 Brutto utlån PM Brutto utlån BM • Total lending has increased by NOK 3,4 mrd (9,9 %) YoY. • In the last quarter, loans to customers increased by MNOK 752 (2,0 %) • Lending to the retail market is up NOK 2,5 mrd (9,6 %) YoY. In the last quarter, lending increased by MNOK 514 (1,8%). • Gross lending volume for the corporate market is up MNOK 889 (10,9%) YoY., and up MNOK 248 (2,8 %) in the last quarter Lending Growth 9,9 % YoY
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Rogaland – still good access to new customers Municipal Residents 2025 Market share retail Stavanger 150.123 7,3 % Sandnes 84.908 16,7 % Sola 29.153 7,0 % Strand 13.813 13,0 % Randaberg 11.795 6,0 % Sauda 4.600 1,4 % Suldal 3.939 8,8 % Hjelmeland 2.681 41,0 % Jæren 73.946 3,4 % Total 374.958 9,0 % Total for Rogaland 504.496 6,8 %
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Local Bank Consept – Still Attractive Going Ahead • Strong presence in Nord-Jæren and Ryfylke and is the local bank in Rogaland • The bank has satisfied customers and is relevant and visible – customers choose us! • Great potential in the current market area, but also a short distance to new opportunities in other market areas in Rogaland • The local bank concept stands out in a highly competitive market where several competitors are focusing nationally • The bank has a clear presence in the local community, with quick decisions and has advisors who know the customers and business community in the region.
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• High housing price growth: + 13.2% last year • High turnover rate in the housing market • Low unemployment: 1.9% • High activity in the construction sector • High activity in the energy sector • Stable and healthy commercial property market 0,6 0,3 -0,1 0,3 0,3 -0,2 -0,1 Sørvest Nord Innland Nordvest Sør Midt Øst High Activity in the Region Gjennomsnitt vekstindikator Regionalt nettverk, siste tre år (2023-2025) *Source Norges Bank desember 2025 Outlook, Regionalt nettverk Norges Bank Local conditions, briefly summarized
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Agenda 1. Rogaland Sparebank 2025 2. Rogaland Sparebank 150 years (1876-2026) 3. Key Figures 4th Quarter 2025
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- Vi skal vokse mer enn markedet og sørge for stadig bedre lønnsomhet -Vi skal få tak i, videreutvikle og ta vare på de beste folkene og bygge en unik og attraktiv kultur. - Vi skal være ansvarlige i våre valg og bidra i lokal samfunnsutvikling. - Vi skal sørge for gode og tilpassede kundeopplevelser. I alt vi gjør skal vi bidra til å bygge et sterkere og bredere omdømme.
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Sandnes Sparebank was established in 1875, and had its first business day on February 21, 1876, at the initiative of merchant and shipowner Gabriel Sandved, ship owner Martin Nygaard and school principal K. M. Sørensen. Sandved, Nygaard and Sørensen formed a preparatory committee that asked the people of Sandnes to subscribe for shares in a new bank. There was already a bank in the district, Høyland Sparebank, which had been established in 1858, but several in Sandnes did not think that this bank was taking good care of the business community in the town. A total of 64 good Sandnes citizens were interested in the idea, and funds were paid into a basic fund of a total of 8,380 kroner. Langgata 70a, Sandnes Rogaland Sparebank 150 Years!
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Rogaland Sparebank 150 Years!
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• A bank started by, and for, the people • A steady growth partner for small and large businesses in the region • A reliable supporter for most people – security and predictability for customers and returning profits to society • A proud workplace that has developed generations of employees • An institution that has helped build the city, develop local communities and create belonging. Rogaland Sparebank 150 Years!
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Rogaland Sparebank Gift Fund: 40 millioner
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*medlåntaker på lånet. Customer without a mortgage, but with NOK 1 million in deposit 2025 3 367 2024 3 350 2023 2 811 2022 2 336 2021 2 150 2020 2 600 2019 2 250 2018 2 500 2018 1 000 Totalt Kr 22 364 Family with NOK 4 million in loans* and NOK 50,000 in deposits. 2025 13 636 2024 13 620 2023 11 430 2022 9 460 2021 8 707 2020 10 530 2019 9 113 2018 10 125 2017 4 050 Totalt Kr 90 671
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* Assumes family with 4 MNOK in loan (with co-borrower) + 50,000 in deposit) Gifts and Customer Dividend 12 12 12 16 40 8.707 9.460 11.430 13.560 13.636 - 2.000 4.000 6.000 8.000 10.000 12.000 14.000 16.000 - 5 10 15 20 25 30 35 40 45 50 2021 2022 2023 2024 2025 Gifts distributed (MNOK) Customer dividend for a family*
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Dividends to equity certificate holders and social capital • Total earnings during the period amount to 51,5 kr per ECC • Total dividend during the period amount to 40,1 kr per ECC • A total of 511 MNOK transferred to the social capital during the period divided between customer dividends and gift funds - Final dividend for 2025 will be approved by the Board of Trustees on March 25, 2026 - Please note that the Norwegian Financial Supervisory Authority may issue an order not to distribute dividends, or to distribute less than proposed. 5,35 6,05 7,50 9,50 11,70 8,5 8,1 10,0 12,4 12,5 0 2 4 6 8 10 12 14 2021 2022 2023 2024 2025 Dividend per ECC Earnings per equity capital certificate 64 72 89 127 160 0 20 40 60 80 100 120 140 160 180 2021 2022 2023 2024 2025 Earnings and dividends per equity certificate (kroner) Dividends to social capital Proposed dividend yield of 93 % for 2025
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Equity certificate development, including dividends ROGS development on the stock exchange Return 31.12.16 – 31.12.25 -20% 20% 60% 100% 140% 180% 220% 260% 300% 340% 380% 420% 460% 500% 540% 80 120 160 200 240 280 320 360 400 440 480 520 560 600 640 des. 16 sep. 17 jun. 18 mar. 19 des. 19 sep. 20 jun. 21 mar. 22 des. 22 sep. 23 jun. 24 mar. 25 des. 25 ROGS Hovedindeks (OSEBX) Egenkapitalbevisindeks (OSEEX) Pris Avkastning 533 % 423 % 147 % 23 % 20 % 11 % 0 % 5 % 10 % 15 % 20 % 25 % 0 % 100 % 200 % 300 % 400 % 500 % 600 % Rogaland Sparebank Equirty certificate index Oslo børs Total return Annualized Return ROGS 2025: 22,7 % incl.dividend
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Development of ownership Eika Gruppen Value and ownership stake Dividend to Rogaland Sparebank 258 531 669 728 930 8,36 % 8,84 % 8,84 % 9,40 % 9,64 % 5, 00 % 5, 50 % 6, 00 % 6, 50 % 7, 00 % 7, 50 % 8, 00 % 8, 50 % 9, 00 % 9, 50 % 10 , 00 % - 100 100 300 500 700 900 1. 100 2021 2022 2023 2024 2025 Bookvalue Rogaland Sparebank (MNOK) Share of ownership Rogaland Sparebank 41 54 45 28 75 2021 2022 2023 2024 2025 • The increase in value of the ownership stake in Eika of MNOK 157 in 2025 is recognized in comprehensive income (equals 3,8% ROE, 3,9 kr pr ECC) • The ownership share in the Eika Group has changed as a result of mergers or other banks entering and leaving the Eika alliance. Dividend from Eika for 2025 is proposed to 57 MNOK, recognixed as income in 2Q26 Continuously improving operations in the Eika Group are reflected in value changes and dividends
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Agenda 1. Rogaland Sparebank 2025 2. Rogaland Sparebank 150 Years (1876-2026) 3. Key Figures 4th Quarter 2025
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Profitability Continued improvement in underlying banking ROE, Quarterly ROE, Yearly • Return on equity 2024 adjusted for non-recurring effects in connection with merger is 11.2% • Profit impact of merger in 2024 was MNOK 29 90 139 140 111 89 8,9 % 13,8 % 13,8 % 10,3 % 7,9 % -0,5 % 1,5 % 3,5 % 5,5 % 7,5 % 9,5 % 11,5 % 13,5 % 15,5 % -10 10 30 50 70 90 110 130 150 170 4Q24 1Q25 2Q25 3Q25 4Q25 Operating profit after tax Return on equity after tax 281 266 330 458 480 9,7 % 8,5 % 9,9 % 12,2 % 11,3 % 0,0 % 2,0 % 4,0 % 6,0 % 8,0 % 10, 0 % 12, 0 % 0 100 200 300 400 500 600 2021 2022 2023 2024 2025 Operating profit after tax Return on equity after tax
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Net interest margin Stable net interest margin in combination with high growth increases NII Net interest income, last 5 quarters Net interest income, annually • NII parent bank 2,41 % (2,49 %) • 50% deposit coverage 1,56% 1,61% 1,85% 1,95% 1,88% 1,0 0% 1,2 0% 1,4 0% 1,6 0% 1,8 0% 2,0 0% 2,2 0% 2021 2022 2023 2024 2025 456 496 616 719 784 2021 2022 2023 2024 2025 +9%
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Lending and deposit margins Stable margins, but changes in the NIBOR interest rate Lending margins Deposit margins The margin is calculated as the difference between the average customer interest rate and the average Nibor3m. Lending margin = average lending rate – average Nibor3m. Deposit margin = average Nibor3m – average deposit rate 1,02 % 1,27 % 1,17 % 1,35 % 1,17 % 2,32 % 2,40 % 2,29 % 2,28 % 2,28 % 4Q24 1Q25 2Q25 3Q25 4Q25 Lending margin retail Lending margin corporate 1,26 % 0,95 % 0,99 % 0,79 % 0,85 % 1,72 % 1,67 % 1,79 % 1,70 % 1,71 % 4Q24 1Q25 2Q25 3Q25 4Q25 Deposit margin retail Deposit margin corporate
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Other income Improvement in other income for the quarter Other Income, Quarterly Other Income, Yearly • Somewhat lower commission income from Aktiv eiendomsmegling in connection with the start-up of the new Aktiv Rogaland eiendomsmegling. • Extra dividend from Eika is MNOK 15 in 4Q25 5 3 67 1 18 31 25 29 28 29 -2 18 -3 11 22 1 1 0 0 34 48 94 40 69 4Q24 1Q25 2Q25 3Q25 4Q25 Other operating income Change in value currency and securities Net commission income Dividend and income from subsidiaries 48 66 54 43 89 90 93 96 120 11215 -9 6 16 48 2 4 4 77 1 154 154 160 255 250 2021 2022 2023 2024 2025 Other operating income Change in value currency and securities Net commission income Dividend and income from subsidiaries • The dividend from the Eika Group for 2025 is MNOK 75,3 (28,4) • The change in value in 3Q24 was related to accounting adjustments in connection with the merger between Hjelmeland and Sandnes Sparebank
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Strong Development in Gross Commission Income Steady increase in all types of commission income – High internal focus over time creates results Gross commission , quarterly Gross commision , Yearly 11 10,3 10,3 12,2 10,7 5,6 5,5 5,8 6,1 9,4 3,2 3 3,3 2,9 2,619,8 18,8 19,4 21,2 22,7 4K24 1K25 2k25 3K25 4K25 Financial Instruments (asset mgt. and sales) Insurance Sales Transaction Services 32,9 36,5 34,5 40,8 43,5 12,3 15,0 16,6 20,2 26,7 5,1 5,4 6,8 9,3 11,8 50,3 56,9 57,9 70,4 82,0 2021 2022 2023 2024 2025 Financial Instruments (asset mgt. and sales) Insurance Sales Transaction Services
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Operating Costs Stable operating costs, but some increase in the cost base as a result of the merger Operating Costs , Quarterly Operating Costs , Yearly • Increase in the cost base of approximately 10% as a result of the merger with Hjelmeland Sparebank. From 1 August 2024 • Merger costs Hjelmeland Sparebank is 44,6 MNOK in 2024 • Replacing the core system from SDC to TietoEvry has been charged at 67 MNOK in the period 2021-2023. • The number of full-time equivalents in the parent bank is stable at around 150 employees • Normalized cost base for banking operations for 2026 is expected to be around MNOK 100 per quarter Underlying banking operations include the operation of the parent bank and the covered bond company 249 274 298 320 384 36 39 45 50 32 29 12 26 45 - 314 324 369 415 417 44% 45% 41% 38% 38% 0,25 0,35 0,45 0,55 0,65 0,75 0,85 0,95 1,05 1,15 1,25 0 50 100 150 200 250 300 350 400 450 2021 2022 2023 2024 2025 Costs from banking operations Costs Aktiv Eiendomsmegling One offs/merger costs Cost to income banking operations 98 94 99 89 102 15 7 9 6 11 112 101 107 96 113 -10 10 30 50 70 90 110 130 4Q24 1Q25 2Q25 3Q25 4Q25 Costs from banking operations Costs Aktiv Eiendomsmegling
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Write-downs and losses Stable development in provisions, some increase in losses in 4Q25 Write - downs • Hjelmeland Sparebanks volum is included from 1 august 2024 38 34 50 66 70 44 43 25 28 3614 19 25 25 22 0,37 % 0,35 % 0,34 % 0,35 % 0,34 % 0% 0% 0% 0% 0% 0% 0% 0% 1% 1% 2021 2022 2023 2024 2025 Step 1 provisions Step 2 provisions Individual write-downs (Step 3) Totale nedskrivninger i % av brutto utlån -32 11 11 24 65 -0,13 % 0,04 % 0,04 % 0,07 % 0,18 % 0% 0% 0% 0% 0% 0% 0% 0% 2021 2022 2023 2024 2025 Losses on loans Losses in % of gross lending Losses on loans and guarantees • Some increase in losses in 4Q25 related to 2 bankrupties
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Non-Performing and Doubtful Loans Stable development, natural increase in connection with added lending volume through the merger Non - performing and doubtful loans Gross default rate Corporate (over 90 days) • Hjelmeland Sparebanks volum is included from 1 august 2024 0,4 % 2,2 % 0% 1% 2% 3% 4% 5% 6% 7% 8% 0,0 % 0,2 % 0,4 % 0,6 % 0,8 % 1,0 % 1,2 % 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Ordinary retail (L.A.) Corporate (R.A.) 215 237 380 522 486 0,85 % 0,88 % 1,29 % 1,54 % 1,30 % 2021 2022 2023 2024 2025 Non-performing and doutbful loans Net non-performing and doubtful loans in % of net lending
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• CET-1 minimum requirement as of 31.10.25 is 16,15 %, including management buffer of 1,25 % • New pillar 2 requirement as of 31.10.25 of 1,6 % down from 2,3 % Well capitalised and equipped for further growth CET1 capital ratio of 18.8%. Leverage ratio 8,6 % CET1 A well-capitalised bank 14,90 % 1,25 % 16,6 % 17,8 % 17,8 % 17,1 % 18,8 % 16,15 % 2021 2022 2023 2024 2025 Regulation 31.12.25 Target Management buffer CET1
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APPENDIX
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Dividend payout ratio, distribution of group profits Figures calculated from group profit, actual allocation from Parent Bank - At the disposal of the parent bank 430,3m Share capital 270,3m Basic fund capital 160,1,0m 62.6% 37.4% Customer dividend 119,5m Added giftfund 40m Withheld capital parent bank 1,7m Dividend ECC owners 269,2m Withheld Share capital 1,1m withheld Basic fund capital 0,60m Added Giftfund/ Customer dividend 159,50m Overføring FUG + utbetalte renter hybridkapital 0,4m Tilbakeholdt kapital Øvrig virksomhet 36,6m Tilbakeholdt kapital konsern 61,6m Group profit for the year, incl hybrid 463m Cash dividend EK certificate holders 269,2m Custeomer dividend 119,5m Added giftfund 40m Summary: Added capital parent bank 1,7m Charege capital other activities -2,5m 93 % 7 % Transfer FUG og FFV 35,2m 463 m • Dividend policy allows for a dividend rate of up to 100% of the group's profit after tax (including interest cost on hybrid capital). • The group's profit after tax including hybrid interest was 463 mill, of which profit in parent bank accounts for 482,1 mill and -2,5 mill in net contributions from other subsidiaries. • rofits are distributed according to time-weighted ownership fractions throughout the year, where the weighted ownership fraction for FY2025 utgjør 62,6%. • The group's profit (which accrues to equity) is allocated 430,4 mill (93 %) to dividends and gift funds/customer dividends, while the remaining equity of 35,2 mill (7 %) is withheld in the parent bank Group profit for the year, Including hybrid interest rates Badwill fusjon 73,8m The final dividend for 2025 will be adopted by the Board of Trustees on March 25, 2026 - Please note that the Norwegian Financial Supervisory Authority may issue an order not to distribute dividends, or to distribute less than proposed.
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Lending to customers The share of lending to the retail market has increased significantly over the past 5 years. Low exposure to real estate development Distribution by sector Loans for real estate • Low exposure to cyclical industries • Insignificant direct exposure to the oil industry • Stable in commercial real estate Commercial rental 61% Housing rental 14% Housing building projects 9% Commercial building building projects 0% Land 5% Other 2% Housing cooperative 9% Commercial real estate 14% Buidling & construction 2% Public and private services 3%Retail services 1% Farming 3%Other* 1% Retail customers 76%
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Increase in lending volume and continued strong CET1 Volume growth in the private market and SMEs requires less capital Loans to customers Leverage (Equity/Total assets ), Yearly 18,0 20,1 21,8 25,9 28,4 0,6 0,4 7,4 6,9 7,6 8,1 9,0 25,4 27,0 29,4 34,6 37,8 0 5 10 15 20 25 30 35 40 2021 2022 2023 2024 2025 Lending Retail Eika boligkreditt Lending Corporate 9,5 % 9,2 % 9,0 % 8,9 % 8,6 % 0% 3% 6% 9% 12% 2021 2022 2023 2024 2025
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Increase in lending volume has lower tied-up capital New standard method, Volume growth in the private market and SMEs requires less capital Lending Risk weighted assets 25,4 27,0 29,4 34,0 37,4 2021 2022 2023 2024 2025 CAGR +10,1% 16,7 16,6 17,4 20,8 19,9 2021 2022 2023 2024 2025 CAGR +4,6% Overførte lån til Eika Boligkreditt er ikke inkludert
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Margins in the retail market Deposit coverage retail is 44 %, retail constitutes 76 % of the bank's total lending 1,17 % 0,85 % -1,0 % -0,5 % 0,0 % 0,5 % 1,0 % 1,5 % 2,0 % 2,5 % 2K19 4K19 2K20 4K20 2K21 4K21 2K22 4K22 2K23 4K23 2K24 4K24 2k25 4K25 Lending margin retail Deposit margin retail Improving lending margins increase profitability
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Non-Performing and Doubtful Loans Reduction of risk over several years results in less pressure on the portfolio given the current market situation Gross default rate retail (over 90 days) 0 100 200 300 400 500 600 700 800 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 • The expected default in Balansebank is 10%. Loans from Balansebank are secured in residental buildings up to 85% of the value • Some individual cases that are in the legal system involve ca 15% default rate at Balansebank • The net lending portfolio of Balansebank is at 1.3 bn Gross default rate Corporate (over 90 days) - 50 100 150 200 250 300 350 400 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Retail without Balanse Balanse • Hjelmeland Sparebanks volum is included from 1 august 2024
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Deposits From Customers By division Deposit Ratio 51% 50% 50% 50% 50% 4Q24 1Q25 2Q25 3Q25 4Q25 65 % 35 % Deposits Retail Deposits Corporate • Hjelmeland Sparebanks volum is included from 1 august 2024
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Deposits 0 2.000 4.000 6.000 8.000 10.000 12.000 1Q22 3Q22 1Q23 3Q23 1Q24 3Q24 1Q25 3Q25 Sum innskudd opptil 2 mill Innskudd 2 mill - 50 mill Innskudd 50 mill + Total deposits under 2 MNOK more than doubled over the last 6 years Systematic focus on growth in deposit base with diversification
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Liquidity Funding Liquidity reserve, (MNOK) LCR at 304 % | NSFR at 124 % 261 - - - - - - - 3.561 - - - - - - - 427 4.248 3.583 2.453 2.403 2.053 2.053 -1 .00 0 4 99 .00 0 9 99 .00 0 1 .49 9. 00 0 1 .99 9. 00 0 2 .49 9. 00 0 2 .99 9. 00 0 3 .49 9. 00 0 3 .99 9. 00 0 4 .49 9. 00 0 4K25 1K26 2K26 3K26 4K26 1K27 2K27 3K27 Mortgage loans available for Covered Bonds Liquidity facility Norwegian Central Bank Free Liquidity Liquidity buffer 1.300 660 800 300 - 908 2.650 3.300 3.300 6.500 - 220 200 250 - 2.208 3.530 4.300 3.850 6.500 0 1 .00 0 2 .00 0 3 .00 0 4 .00 0 5 .00 0 6 .00 0 7 .00 0 2026 2027 2028 2029 2030 Bonds and certificates Covered bonds Subordinate loans
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Liquidity Liquidity portfolio composition Rating distribution • Norwegian municipalities has an internal rating of AA NOK 4,8 billion excl. cash Domestic Municipalities (RW20) 14 % Foreign Municipalities (RW0) 7 % Gov't Guaranteed 17 % Domestic Covered Bonds 56 % Foreign Covered Bonds 4 % Financial institutions 2 % 85% 13% 2% 0% 0% AAA AA A BBB BB
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Net commission income 2021 2022 2023 2024 2025 Guarantee commission 6.092 5.346 4.826 5.082 5.928 Securities brokerage and asset management 5.125 5.395 6.840 9.393 11.728 Payment services 17.023 36.532 34.470 40.856 43.525 Insurance 12.354 15.004 16.594 20.278 26.731 Leasing 0 0 0 18 184 Other fees 18.234 2.050 1.947 4.471 7.477 Commission income and income from banking services 58.829 64.326 64.677 80.099 95.573 Commission expenses and expenses related to banking services -9.126 -11.053 -11.619 -11.338 -12.711 Net commission income and income from banking services 49.702 53.273 53.057 68.760 82.862 Brokerage fee 28.548 27.764 27.844 34.179 21.468 Other commission income from real estate brokerage 11.401 12.315 14.689 16.976 7.537 Net commission income from real estate brokerage 39.949 40.079 42.533 51.155 29.005 Total net commission income 89.652 93.352 95.590 119.915 111.867
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Key Figures 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 2024 2025 Growth assets 2,1 % 1,6 % 9,8 % 1,3 % 3,3 % 1,4 % 2,1 % 3,9 % 15,4 % 11,2 % Growth lending (net) 1,9 % 2,2 % 9,5 % 1,5 % 1,1 % 4,0 % 2,3 % 2,1 % 15,7 % 9,9 % Growth deposits -1,2 % 2,1 % 16,2 % 1,5 % -1,1 % 4,8 % 2,5 % 2,4 % 19,0 % 8,8 % Net interest margin 1,94 % 1,93 % 2,01 % 1,94 % 1,99 % 1,89 % 1,87 % 1,78 % 1,95 % 1,88 % Other income % of total income 16,2 % 31,2 % 37,1 % 15,2 % 18,7 % 32,5 % 16,9 % 26,2 % 26,2 % 24,2 % Cost-to-income ratio 41,1 % 35,4 % 44,4 % 49,4 % 41,0 % 37,3 % 40,2 % 42,9 % 42,6 % 40,3 % Costs as % of av. total assets 1,0 % 1,0 % 1,4 % 1,1 % 1,0 % 1,0 % 0,9 % 1,0 % 1,1 % 1,0 % Return on equity after tax 10,3 % 15,3 % 15,1 % 8,9 % 13,8 % 13,8 % 10,3 % 7,9 % 12,2 % 11,3 % Capital adequacy ratio 20,7 % 21,4 % 21,1 % 20,6 % 20,3 % 22,7 % 22,2 % 22,5 % 20,6 % 22,5 % Tier 1 capital ratio 18,0 % 18,7 % 18,6 % 18,2 % 17,9 % 20,0 % 19,5 % 19,9 % 18,2 % 19,9 % CET1 17,4 % 17,5 % 17,5 % 17,1 % 16,8 % 18,8 % 18,3 % 18,8 % 17,1 % 18,8 % Risk-weighted assets 17.898 17.889 19.698 20.794 20.968 18.736 19.262 19.946 20.794 19.946 Number of man-years 152 150 181 181 165 165 168 165 181 165 Stock exchange price 101 96 107 126 138 143 144 144 126 144 Equity capital certificate % of equity 63,6 63,7 62,5 62,3 62,4 62,6 62,7 62,0 62,3 62,0 Earnings per equity capital certificate 2,8 4,1 3,8 2,5 3,7 3,7 2,9 2,3 12,4 12,5 Book value per equity capital certificate 109,3 105,4 108,6 110,8 105,4 110,7 113,7 117,2 110,8 117,2 Individual write-downs in % of gross lending 0,17 % 0,16 % 0,18 % 0,19 % 0,18 % 0,18 % 0,18 % 0,19 % 0,19 % 0,19 % Coll. write-downs in % lending after ind. wr.-d. 0,15 % 0,20 % 0,21 % 0,15 % 0,16 % 0,17 % 0,13 % 0,15 % 0,15 % 0,15 % Deposits to loans ratio 48,1 % 48,0 % 51,0 % 51,0 % 49,9 % 50,2 % 50,3 % 50,5 % 51,0 % 50,5 % Deposits to loans ratio parent bank 94,4 % 95,4 % 92,4 % 92,9 % 99,0 % 94,5 % 99,2 % 103,3 % 92,9 % 103,3 % Egenkapitalavkastning er inkludert hybrid fra 1Q25
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Definition of Key Figures Rate of deposits to loans OB net loans to customers / OB deposits from customers Liquidity coverage ratio (LCR) Liquid assets / net liquidity output within 30 days in a stress scenario Net Stable Funding Ratio (NSFR) Available stable funding / required stable funding Net Interest Income (NII) Interest income – interest expenses Interest margin ((Net interest income / days in the period) x days in a year) / average total assets Lending margin Avgerage loan rate – rolling average of 3month NIBOR rate Deposit Margin Rolling average of 3month NIBOR rate – average deposit rate Cost / income ratio Total operating costs / (net interest income + total other operating revenues) Costs as a percentage of average total assets ((Total operating costs / days in the period) x days in a year) / average total assets Return on equity before tax (Operating profit before taxes / days in the period x days in a year) / ((OB total equity + IB total equity) / 2 Return on equity after tax (Operating profit after taxes / days in the period x days in a year) / ((OB total equity + IB total equity) / 2 Equity certificate capital in % of equity (Equity certificate capital + own equity certificate + share premium + dividend equalisation reserve) / (Equity certificate capital + own equity certificate + share premium + dividend equalisation reserve + savings bank`s fund + gift fund) Earnings per equity certificate (Operating profit after taxes x equity certificate capital in % of equity) / number of equity certificates Book value per equity certificate OB total equity x equity certificate capital in % of equity / number of equity certificates Price / Book (P/B) Market price / book value per equity certificate Operating profit before write downs and taxes Operating profit after tax + tax cost + write downs on lending and guarantees
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Contacts Tomas Nordbø CEO Telephone: +47 922 11 865 E - mail: tn@rogalandsparebank.no Johan Erik Flaatin Head of Treasury Telephone: +47 51 67 67 21 E - mail: joef@rogalandsparebank.no This presentation has been prepared solely for promotion purposes of Rogaland Sparebank. The presentation is intended as general information and should not be construed as an offer to sell or issue financial instruments. The presentation shall not be reproduced, redistributed, in whole or in part, without the consent of Rogaland Sparebank. Rogaland Sparebank assumes no liability for any direct or indirect losses or expenses arising from an understanding of and/or use of the presentation. Siri A Styles CFO Telephone: +47 901 28 749 E - mail: siri.styles@rogalandsparebank.no