SpareBank 1 Helgeland posts strong Q3 2025 earnings

SpareBank 1 Helgeland announced a Q3 2025 pre-tax profit of NOK 200 million, a significant increase from NOK 171 million in the previous quarter. This positive trend was supported by a net interest income of NOK 235 million and stable commission and other operating income at NOK 50 million. The bank also saw a positive net change in financial assets and liabilities, rising to NOK 27 million, while loan write-downs decreased to NOK 6 million. The cost-to-income ratio improved to 33.8% from 39.8% in the prior quarter, indicating enhanced operational efficiency.

For the year-to-date, the bank reported a pre-tax profit of NOK 561 million. Lending to customers, including transferred loans, saw a decrease of NOK 152 million in Q3, resulting in an annual growth of 3.6%. Customer deposits experienced a quarterly reduction of NOK 646 million, though they grew by 1.5% over the past 12 months. The bank maintains a strong capital position, with a common equity tier 1 capital ratio of 17.4% and a total capital ratio of 21.5% as of September 30, 2025.