OBOS Boligkreditt reports solid Q3 2025 financial performance

OBOS Boligkreditt AS published its interim report for the third quarter of 2025, confirming solid financial performance. Profit after tax reached NOK 141 million for the first nine months of 2025, consistent with Q3 2024’s NOK 121 million and a full-year 2024 profit of NOK 160 million. Net interest income for the nine-month period reached NOK 199 million, up from NOK 180 million in the comparable 2024 period. Total assets stood at NOK 37,847 million as of September 30, 2025, compared to NOK 36,762 million in Q3 2024.

The company's capital adequacy remains strong, with a common tier 1 capital ratio of 34.5% and a total capital adequacy ratio of 34.5% as of September 30, 2025, significantly higher than the 20.2% reported in Q3 2024. Total equity increased to NOK 2,506 million from NOK 2,326 million in Q3 2024.

Gross lending as of September 30, 2025, increased to NOK 37,200 million from NOK 35,837 million in the prior year, reflecting continued growth in its mortgage portfolio.