The Norwegian Financial Supervisory Authority has published a report on Norwegian banks’ results and balance sheet developments for the first half of 2025, showing slightly lower profits and return on equity than a year earlier. The main driver of weaker results was reduced net interest income relative to total assets, with higher operating costs also contributing. Banks continued to report low overall loan losses, and the volume of non-performing loans was stable. The report covers all Norwegian banks, using consolidated figures for banking groups and presenting foreign banks’ Norwegian branches separately.
Norwegian Finanstilsynet 2025-09-08
Norwegian Financial Supervisory Authority finds slightly lower bank profits and return on equity in H1 2025 as net interest income declines
The Norwegian Financial Supervisory Authority reported that Norwegian banks experienced slightly lower profits and return on equity in the first half of 2025 compared to the previous year. The decline was primarily due to reduced net interest income relative to total assets and increased operating costs. Loan losses remained low, and non-performing loan volumes were stable.