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Sparebank 1 Nord-Norge NONG.OL · NOK

Financials · Oslo Børs · 🇳🇴 Norway

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182.46

+0.87%

Close of 9 Nov 2026, in NOK

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About Sparebank 1 Nord-Norge

Its shares trade on Oslo Børs under the ticker NONG.OL. It has been listed since 2 May 1994. In the fiscal year to 31 December 2025, it reported revenue before interest expense of NOK 10.48bn and net income of NOK 1.59bn. At that date it held total assets of NOK 144.30bn and shareholders' equity of NOK 20.52bn.

Sparebank 1 Nord-Norge engages in the provision of financial services and solutions within the retail and corporate markets. The company is headquartered in Tromso, Troms. Its services include payment, savings, loans and insurance. The Bank reports four segments: Retail market, Corporate market, Leasing and Markets. The Retail market segment offers advisory services and a full range of products through financial centers, direct bank, customer services centre and digital services, such as VIPPS payment service. The Corporate market delivers services to county municipalities. The Leasing segment has responsibilities for the product areas leasing and secured financing. The Markets segment focuses on advice on risk in the corporate market, hedging instruments and trading in interest rate, sale of bonds and certificates, purchase and sale of equities and fund units, among others. The Bank is a part of SpareBank 1-alliansen financial group.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Financials
Industry
Banks
Listed since
2 May 1994
Employees
941

Leadership

Pay as last reported

  • Mr. Eirik FrantzenIndependent Chairman of the BoardNOK 696,000
  • Ms. Hanne KraemerGroup Chief Executive OfficerNOK 2.0m
  • Ms. Kjersti StormoDeputy Chairman of the BoardNOK 444,000
  • Mr. Bengt OlsenChief Financial Officer, since 2016NOK 3.8m
  • Mr. Bjorn BardalActing Executive Vice President Personal BankingNOK 1.8m
  • Ms. Trude GladExecutive Vice President - Corporate Banking, since 2023NOK 3.5m
  • Mr. Stein LoftasExecutive Vice President - Organization and Business Support, Chief Communications Officer, since 2024NOK 2.9m
  • Ms. Birgitte VibeExecutive Vice President - Business Development and Technology, Chief Innovation OfficerNOK 1.6m
  • Mr. Marius NilsenChief Risk Officer, since 2019NOK 2.8m
  • Mr. Kjetil BerntsenDirector, Employee RepresentativeNOK 343,000
  • Mr. Rolf BygdnesDirector, since 2004NOK 263,000
  • Mr. Sigurd CarlsenDirectorNOK 413,000

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
54
Environment
89
Social
43
Governance
30
Direct emissions (scope 1)
4.6 t
Energy emissions (scope 2)
92.8 t
Value chain emissions (scope 3)
192,161.4 t
Women in the workforce
53%
Carbon reduction policy
Yes
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Sparebank 1 Nord-Norge has a strong brand presence in the region, which enhances customer trust and loyalty. The bank has a diverse range of products and services, including banking, insurance, and investment options, catering to the comprehensive financial needs of its customers. It also has a robust network of branches and ATMs, providing easy accessibility to its services.

Weaknesses

  • One of the weaknesses of Sparebank 1 Nord-Norge is its relatively small market share compared to larger national and international banks, which may limit its potential for growth and profitability. Moreover, the bank may face challenges in competing with digital banks that offer innovative and convenient online services, especially among the tech-savvy younger generation.

Opportunities

  • The bank can leverage its strong regional presence to expand its customer base within the region, targeting individuals, small businesses, and corporations. By adopting and investing in digital banking solutions, Sparebank 1 Nord-Norge can cater to the evolving needs and preferences of customers who prefer online banking. The bank can also explore partnerships and collaborations to enhance its product offerings and create new revenue streams.

Threats

  • One of the threats to Sparebank 1 Nord-Norge is increased competition from both traditional banks and fintech startups. Additionally, economic fluctuations and changes in regulatory policies may impact the bank's operations and profitability. The bank should also be cautious about potential cybersecurity risks and data breaches, as such incidents can lead to reputational damage and loss of customer trust.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
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