SPAREBANK 1 ØSTFOLD AKERSHUS (SOAG) CMD 2026 summary

Strategic direction and growth ambitions

• Aims for significant growth and increased market share across all business areas, supported by strong customer relationships and engaged, skilled employees.

• Focuses on maintaining competitive profitability and robust financial solidity.

• Operates in a region with strong growth prospects, diverse industry structure, and increasing population.

Financial performance and guidance

• Achieved a return on equity of 13.1% in 2025, exceeding the target of 11%.

• Maintained a solid core equity tier 1 ratio of 18.22%, well above the 16.07% target.

• Dividend policy changed from 2025, now based on group results, with a payout ratio of about 50%.

• Board proposes a dividend of NOK 24.50 per equity certificate for 2025 and an extraordinary dividend of NOK 10 for 2024.

Lending, deposits, and market position

• Private market lending grew by 7.6% and corporate lending by 11.5% in 2025.

• Deposit growth reached 12.1% in the private market and 5.3% in the corporate market.

• Continues to gain market share in all business segments.