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Aasen Sparebank (AASB) investor relations material
Aasen Sparebank Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved net profit after tax of NOK 17.9 million for Q1 2026, up from 17.4 million year-over-year.
Strengthened market position and product offering in the core region.
Entered as owner in Kredittbanken and Frende Kapitalforvaltning.
Stable underlying banking operations with low credit losses.
Financial highlights
Net interest income was 36.8 MNOK, with a net interest margin of 2.05%.
Net commission income increased to 8.4 MNOK from 6.0 MNOK year-over-year.
Cost/income ratio at 55.3%; adjusted for IT provisions, 47.9%.
Business capital at NOK 9.8 billion.
Net loan losses remained low at 0.5 MNOK, with net loss ratio at 0.01%.
Outlook and guidance
Continued focus on capital efficiency and maintaining strong liquidity.
Ongoing investments and IT platform transition expected to impact short-term capital ratios.
Norges Bank's policy rate is expected to rise to 4.25–4.50% by year-end, impacting lending and deposit rates.
- Solid profit, strong lending growth, and robust capital ratios; NOK 10 dividend proposed.AASB
Q4 20255 Mar 2026 - Q3 2025 saw NOK 61m profit, 9.4% loan growth, and a CET1 ratio of 19.2%.AASB
Q3 20256 Nov 2025 - Net profit stable at NOK 40 million, with robust loan growth and improved capital ratios.AASB
Q2 202514 Aug 2025 - Q3 2024 saw robust profit, strong loan growth, and improved efficiency.AASB
Q3 202413 Jun 2025 - Net profit of 40 MNOK, strong growth, and solid capital position in H1 2024.AASB
Q2 202413 Jun 2025 - Q1 2025 net profit rose to NOK 17.4m, with robust capital and loan growth.AASB
Q1 20256 Jun 2025 - Solid growth, high profitability, and strong capital position drive continued expansion.AASB
Q4 20245 Jun 2025
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