SpareBank 1 SMN Balance Sheet

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

Millions NOK. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	56	654	1,172	1,171	1,252
Investment Securities	11,234	46,841	43,010	46,076	38,252
Trading Asset Securities	42,168	8,174	7,644	7,514	5,772
Total Investments	53,402	55,015	50,654	53,590	44,024
Gross Loans	186,612	189,376	178,711	164,398	152,099
Allowance for Loan Losses	-891	-848	-907	-1,081	-1,410
Other Adjustments to Gross Loans	-	-108	-103	-105	-95
Net Loans	185,721	188,420	177,701	163,212	150,594
Property, Plant & Equipment	712	738	666	557	672
Goodwill	-	1,092	1,078	-	808
Other Intangible Assets	1,251	138	150	663	45
Accrued Interest Receivable	138	211	153	104	186
Other Receivables	305	221	66	262	300
Other Current Assets	175	190	112	1,919	59
Long-Term Deferred Tax Assets	2	1	6	5	90
Other Long-Term Assets	1,152	1,019	959	1,627	815
Total Assets	242,914	247,699	232,717	223,110	198,845
Accounts Payable	134	-	-	-	-
Accrued Expenses	822	571	464	401	785
Interest Bearing Deposits	155,749	46,388	45,735	35,530	28,394
Non-Interest Bearing Deposits	-	108,450	100,313	101,116	97,957
Total Deposits	155,749	154,838	146,048	136,646	126,351
Short-Term Borrowings	4,481	6,152	6,989	8,307	3,909
Current Portion of Long-Term Debt	-	8,226	3,981	9,647	7,222
Current Portion of Leases	-	82	59	56	59
Current Income Taxes Payable	1,066	1,042	880	705	583
Other Current Liabilities	1	2	1	1,093	1
Long-Term Debt	47,706	44,683	44,092	40,158	35,341
Long-Term Leases	441	378	344	283	417
Pension & Post-Retirement Benefits	8	8	9	6	8
Long-Term Deferred Tax Liabilities	305	290	236	127	56
Other Long-Term Liabilities	336	903	1,019	874	872
Total Liabilities	211,049	217,175	204,122	198,303	175,604
Common Stock	2,884	2,884	2,884	2,597	2,597
Additional Paid-In Capital	2,422	2,422	2,422	895	895
Retained Earnings	18,320	17,508	17,077	15,076	13,862
Treasury Stock	-	-	-	-11	-9
Comprehensive Income & Other	7,539	6,889	5,546	5,253	4,907
Total Common Equity	31,165	29,703	27,929	23,810	22,252
Minority Interest	700	821	666	997	989
Shareholders' Equity	31,865	30,524	28,595	24,807	23,241
Total Liabilities & Equity	242,914	247,699	232,717	223,110	198,845
Total Debt	52,628	59,521	55,465	58,451	46,948
Net Cash (Debt)	-10,404	-50,693	-46,649	-49,766	-39,924
Net Cash Per Share	-72.15	-351.58	-337.78	-384.84	-308.68
Filing Date Shares Outstanding	144.19	144.21	144.2	129.29	129.39
Total Common Shares Outstanding	144.19	144.21	144.2	129.29	129.39
Book Value Per Share	202.30	191.83	180.48	170.48	161.99
Tangible Book Value	29,914	28,473	26,701	23,147	21,399
Tangible Book Value Per Share	193.62	183.30	171.96	165.35	155.39

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