About us

First quarter 2024

  • Pre-tax profit NOK 1,353m (946m)
  • Net profit NOK 1,084m (778m)
  • Return on equity 16.0% (13.0%)
  • CET1 ratio 18.5% (18.2%)
  • Growth in lending 0.8% (1.3%) and in deposits 1.1% (1.2%)
  • The net result of ownership interests was NOK 194m (125m)
  • The net result of financial instruments (incl. dividends) was NOK 87m (minus 97m)
  • Losses on loans and guarantees: NOK 24m (minus 71m)
  • Earnings per equity certificate (EC): NOK 4.68 (3.51)
  • Book value per EC was NOK 113.24 (105.63) and the price of the bank’s EC (MING) was NOK 137.80 (123.60)
smn-investor-q2-2023
Read the report here

An English video presentation will be available here at 3pm.

SpareBank 1 SMN is a regional independent financial services group. Closeness and capability are the hallmarks of our relationship to the market. We are present across municipalities in Trøndelag, Møre og Romsdal, and Vestland.

A one-stop provider to households and firms in the fields of financing, savings and investment, insurance and payment services, we are the region's largest private contributor to business development and non-profit causes through our donation work.

We have several subsidiaries: 

  • EiendomsMegler 1 Midt-Norge
  • SpareBank 1 Finans Midt-Norge
  • SpareBank 1 Regnskapshuset SMN

 

Sustainability

As a regional bank, sustainability and social responsibility is an important focus area for us - locally, nationally and globally. 

We follow the UN principles for sustainability and our strategy for sustainability is built on our values, with responsible being the most important. 

Read more about how we work with sustainability
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