The Financial Supervisory Authority of Norway reported that Norwegian banks’ aggregate profits and return on equity declined in the first half of 2026 compared with the same period in 2025, mainly because of lower net interest income and higher operating costs. Credit losses remained low and were nearly unchanged from a year earlier, while the volume of nonperforming loans was stable. The report covers all Norwegian banks and uses consolidated figures for banks that are part of financial groups.
2026-08-25Norwegian Finanstilsynet
Financial Supervisory Authority of Norway reports lower bank profits and returns in first half of 2026
The Financial Supervisory Authority of Norway reported lower aggregate profits and return on equity for Norwegian banks in the first half of 2026, driven mainly by lower net interest income and higher operating costs. Credit losses remained low and broadly unchanged, while nonperforming loans were stable.