BN Bank ASA reports solid Q3 2025 profit despite slight dip

BN Bank ASA announced a net profit of NOK 685 million for the first nine months of 2025, a slight decrease from NOK 696 million in the same period of 2024. The bank achieved a return on equity of 13.8%, nearing its 13.0% target, despite a decline from 14.7% in the previous year. The total lending portfolio expanded by NOK 2.8 billion (4.4%) over the last 12 months, reaching NOK 67.7 billion, while deposits increased by NOK 2.7 billion (10.3%) to NOK 28.4 billion.

The bank's strong performance was supported by a 4.1% growth in personal market lending over the past 12 months, with an increase of NOK 0.5 billion in Q3 2025. Corporate market lending, however, saw a reduction of NOK 1.1 billion (4.2%) in the third quarter. Net interest and credit commission income rose by NOK 25 million to NOK 955 million, contributing to a total income of NOK 1,186 million, an increase of NOK 52 million year-over-year.

Operating expenses for the first nine months amounted to NOK 288 million, up from NOK 257 million, primarily due to increased personnel and IT costs. Loan losses totaled NOK 18 million, reflecting a positive shift from a NOK 23 million income recognition in the prior year, with NOK 11 million attributed to Stage 3 loans. BN Bank's capital adequacy remains robust, with a Common Equity Tier 1 (CET1) ratio of 20.0%, exceeding both regulatory requirements and internal targets.