The Financial Supervisory Authority of Norway published a report on Norwegian banks’ results and balance sheet developments in 2025, showing a modest decline in aggregate profits and return on equity compared with 2024, while remaining at a high level. The fall in results mainly reflected lower net interest income relative to total assets, with higher operating costs also contributing. Loan losses increased somewhat from the previous year but stayed low overall, and the volume of non-performing loans was stable. The report covers all Norwegian banks, using consolidated figures for banks that are financial groups, and presents foreign banks’ branches in Norway separately.
Norwegian Finanstilsynet 2026-02-24
Financial Supervisory Authority of Norway reports Norwegian banks’ 2025 profit and return on equity fell slightly
The Financial Supervisory Authority of Norway reported a modest decline in Norwegian banks' aggregate profits and return on equity for 2025 compared to 2024, though they remain high. The decrease is attributed to lower net interest income relative to total assets and higher operating costs. Loan losses rose slightly but remained low, with stable non-performing loan volumes.