SpareBank 1 SMN Q2 FY26 profit rises 4.24% to NOK 1.18 billion after tax; CET1 ratio falls 1.8 percentage points to 17%

Reuters2026/08/13 05:09

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Sparebank 1 SMN posted Q2 2026 profit after tax of NOK 1.18 billion, lifting profit per equity certificate to NOK 5.19.
Return on equity held at 16.2%, while losses on loans and guarantees rose to NOK 35 million.
Total lending climbed 4.7% year-on-year to NOK 264.8 billion, while deposits increased 4.2% to NOK 155.8 billion.
Common Equity Tier 1 ratio stood at 17%, above the group’s target, supporting higher dividend capacity.
Management highlighted cost discipline, with total costs down NOK 31 million in the quarter, and continued expansion beyond traditional banking.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sparebank 1 SMN published the original content used to generate this news brief on August 13, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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SpareBank 1 SMN Q2 FY26 profit rises 4.24% to NOK 1.18 billion after tax; CET1 ratio falls 1.8 percentage points to 17%

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