SPAREBANK 1 SMN

Financial Positions

Total Assets (2019)
162.07 bln NOK  (+2.76%)
Total Equity (2019)
17,821.59 mln NOK  (+8.61%)

In 2019 total assets of SPAREBANK 1 SMN were 162.07 bln NOK. Growth compared to the previous period (2018) was 2.76%. The evolution of the total assets of SPAREBANK 1 SMN is shown at Chart 1 below.

Total Assets of SPAREBANK 1 SMN.

Chart 1. Total Assets of SPAREBANK 1 SMN.

Recent changes in total assets of SPAREBANK 1 SMN and its main components are shown in Table 1.

2018 2019 % change
Cash and deposits with Central Banks 0.9 0.8 -13.76%
Loans to banks 11.2 9.2 -17.87%
Loans to customers 113.4 118.0 +4.07%
Total Assets 157.7 162.1 +2.76%

Table 1. Recent changes in total assets of SPAREBANK 1 SMN (bln NOK).

Recent changes in total liabilities of SPAREBANK 1 SMN and its main components are shown in Table 2.

2018 2019 % change
Bank deposits 8.5 7.6 -11.24%
Customer deposits 81.4 86.9 +6.66%
Total Liabilities 157.7 162.1 +2.76%

Table 2. Recent changes in total liabilities of SPAREBANK 1 SMN (bln NOK).

Profit and Loss

Operating Income (2019)
2,714.51 mln NOK  (+14.10%)
Annual Profit (2019)
2,262.84 mln NOK  (+17.68%)

Recent changes in gross profit of SPAREBANK 1 SMN and its main components are shown in Table 3.

2018 2019 % change
Interest Income 3,736.6 4,241.1 +13.50%
Interest Charges -1,639.7 -1,916.1 +16.86%
Net Interest Income 2,097.0 2,325.0 +10.88%
Commission Income 1,102.4 1,127.1 +2.23%
Commission Charges -92.3 -95.5 +3.44%

Table 3. Recent changes in gross profit of SPAREBANK 1 SMN (mln NOK).

In 2019 annual profit of SPAREBANK 1 SMN was 2,262.84 mln NOK. Growth compared to the previous period (2018) was 17.68%. The evolution of the annual profit of SPAREBANK 1 SMN is shown at Chart 2 below.

Annual Profit of SPAREBANK 1 SMN.

Chart 2. Annual Profit of SPAREBANK 1 SMN.

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