Orkla Sparebank posts strong Q3, exceeds market growth with higher assets and lending

Orkla Sparebank delivered a strong Q3 2025, with profit before tax reaching NOK 64.0 million, slightly up from NOK 63.7 million in Q3 2024. The total comprehensive income for the quarter increased significantly to NOK 183.7 million, compared to NOK 128.1 million in the same period last year, resulting in an equity return of 11.86% for Q3 2025, up from 9.08% in Q3 2024.

The bank's total assets grew to NOK 15,495.1 million by the end of Q3 2025, from NOK 14,246.8 million in Q3 2024, primarily driven by increased lending. Gross loans in the bank's own books reached NOK 12,939.3 million, and total gross loans, including those transferred to Eika Boligkreditt (EBK), amounted to NOK 17,618.9 million, reflecting a 7.90% year-on-year growth. Customer deposits also saw healthy growth, increasing to NOK 9,815.7 million by Q3 2025, with a 12-month growth rate of 6.70%.

The cost-to-income ratio stood at 40.49% for Q3 2025, with net interest income stable at NOK 238.8 million. Other operating income rose to NOK 91.4 million, driven by increased commission income and dividends. Orkla Sparebank's solid capital adequacy and liquidity ratios, with LCR at 244% and NSFR at 126%, underscore its financial stability and capacity for continued growth.