Bien Sparebank (BIEN) Q3 2025 earnings summary

Executive summary

• Achieved profit after tax of NOK 50.6 million for the first three quarters of 2025, up NOK 2.5 million year-over-year.

• For Q3 2025, profit after tax was NOK 15.1 million, compared to NOK 14.0 million in Q3 2024.

• Strategy focuses on local presence, sustainable growth, and scaling advisory capacity, targeting NOK 10 billion in business capital by end-2026.

• Market share in Oslo and surrounding areas increased, with 75% of customers in the core region.

Financial highlights

• Net interest income for Q3 2025 was NOK 101.7 million, up NOK 5.0 million from Q3 2024.

• Net commission and banking service income reached NOK 17 million, up NOK 5.0 million year-over-year.

• Total operating costs for Q3 were NOK 61.3 million, an increase of NOK 7.6 million from last year.

• Cost/income ratio at 48.4% (Q3 2024: 46.6%).

• Net loan losses for the period were NOK 0.69 million.

Outlook and guidance

• Economic uncertainty persists, but inflation is declining and interest rates are expected to gradually decrease.

• Oslo housing market remains stable with strong demand and low new supply.

• Bank expects continued robust growth, supported by strong capital base and disciplined credit processes.