SpareBank 1 Sør-Norge ASA (OSL:SB1NO)

SpareBank 1 Sør-Norge ASA Balance Sheet

Financials in millions NOK. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	3,396	3,066	2,012	1,356	523	2,096
Investment Securities	84,523	69,106	63,794	59,126	61,160	44,444
Trading Asset Securities	11,042	14,087	16,859	19,460	6,054	9,580
Total Investments	95,565	83,193	80,653	78,586	67,214	54,024
Gross Loans	387,643	386,650	276,671	264,207	235,635	230,522
Allowance for Loan Losses	-1,539	-1,572	-1,244	-1,685	-1,721	-2,215
Other Adjustments to Gross Loans	-	-1,303	-1,129	-654	-472	-836
Net Loans	386,104	383,775	274,298	261,868	233,442	227,471
Property, Plant & Equipment	1,732	1,720	1,314	1,237	1,313	1,340
Goodwill	-	4,050	345	423	423	264
Other Intangible Assets	4,072	22	20	24	30	10
Accrued Interest Receivable	-	19	9	11	2	15
Restricted Cash	-	108	71	63	57	56
Other Current Assets	-	61	33	31	38	17
Long-Term Deferred Tax Assets	2,407	2,404	2,612	1,075	598	1,015
Other Long-Term Assets	1,762	916	816	1,049	758	717
Total Assets	513,420	479,336	362,186	345,730	304,403	287,049
Accounts Payable	-	96	93	92	66	109
Accrued Expenses	-	751	572	452	513	223
Interest Bearing Deposits	223,293	36,481	33,270	22,742	18,574	16,335
Non-Interest Bearing Deposits	-	167,525	115,806	125,358	119,090	101,835
Total Deposits	223,293	204,006	149,076	148,100	137,664	118,170
Short-Term Borrowings	8,646	9,872	14,360	15,978	3,280	7,039
Current Portion of Long-Term Debt	2,748	28,861	2,525	3,221	2,557	3,930
Current Portion of Leases	-	96	66	62	58	-
Current Income Taxes Payable	853	1,178	2,706	1,345	232	835
Other Current Liabilities	-	157	149	65	57	60
Long-Term Debt	221,442	180,466	158,154	146,815	131,871	129,317
Long-Term Leases	488	409	324	274	301	365
Pension & Post-Retirement Benefits	433	431	261	251	277	204
Other Long-Term Liabilities	3,087	376	339	388	348	404
Total Liabilities	460,990	426,699	328,625	317,043	277,224	260,656
Common Stock	9,386	9,386	6,607	6,394	6,394	6,394
Additional Paid-In Capital	14,719	14,719	2,354	1,587	1,587	1,587
Retained Earnings	-	3,191	1,982	1,790	1,535	1,407
Comprehensive Income & Other	28,325	25,341	22,618	18,916	17,663	17,000
Total Common Equity	52,430	52,637	33,561	28,687	27,179	26,388
Minority Interest	-	-	-	-	-	5
Shareholders' Equity	52,430	52,637	33,561	28,687	27,179	26,393
Total Liabilities & Equity	513,420	479,336	362,186	345,730	304,403	287,049
Total Debt	233,324	219,704	175,429	166,350	138,067	140,651
Net Cash (Debt)	-218,886	-202,551	-156,558	-145,534	-131,490	-128,975
Net Cash Per Share	-507.78	-539.48	-592.37	-569.11	-514.22	-503.71
Filing Date Shares Outstanding	375.43	375.37	264.22	255.72	255.71	255.73
Total Common Shares Outstanding	375.43	375.37	264.22	255.72	255.71	255.73
Book Value Per Share	129.00	128.77	115.08	105.53	99.05	95.95
Tangible Book Value	48,358	48,565	33,196	28,240	26,726	26,114
Tangible Book Value Per Share	118.15	117.92	113.70	103.78	97.28	94.88

Source: S&P Global Market Intelligence. Banks template. Financial Sources.