Key figures

(Amounts in NOK 1 000 000)	3rd quarter 2026	January - September 2026	3rd quarter 2025	January - September 2025	2025
RESULTS
Net interest income	633	1 841	588	1 709	2 466
Core earnings¹	336	1 005	308	905	1 381
Profit after tax	314	1 181	445	1 261	1 894
Cost/income ratio (percent)²	18.2 %	18.1 %	19.5 %	19.6 %	18.4 %
Return on equity after tax³	5.9 %	7.4 %	9.1 %	8.3 %	9.5 %
Return on equity after tax (core earnings)⁴	7.2 %	7.0 %	6.9 %	6.6 %	7.6 %
Return on assets after tax⁵	0.2 %	0.3 %	0.3 %	0.3 %	0.4 %
LOANS TO CUSTOMERS
New disbursements	9 555	31 343	5 964	30 368	42 907
Aggregate loans to customers⁶	381 733	381 733	373 131	373 131	374 007
Aggregate customer financing⁷	395 778	395 778	380 135	380 135	384 400
12 month lending growth in percent⁸	2.3 %	2.3 %	2.3 %	2.3 %	1.1 %
12 month aggregate financing growth in percent⁹	4.1 %	4.1 %	3.1 %	3.1 %	2.4 %
Green loans to customers¹⁰	82 389	82 389	77 049	77 049	78 622
Share of green loans in lending portfolio	22%	22%	21%	21%	21%
Share of municipalities with green loans¹¹	47%	47%	45%	45%	46%
LIQUIDITY PORTFOLIO⁶	120 626	120 626	115 016	115 016	119 235
DEBT SECURITIES ISSUED
New long-term debt securities issued	21 424	95 696	11 058	113 840	128 049
Green debt securities issued⁶	46 434	46 434	49 627	49 627	51 120
Aggregate debt securities issued⁶	474 590	474 590	482 145	482 145	482 652
TOTAL ASSETS	546 700	546 700	533 579	533 579	533 239
EQUITY
Equity	22 886	22 886	22 433	22 433	22 954
Common equity Tier 1 capital adequacy ratio	18.6 %	18.6 %	18.4 %	18.4 %	19.0 %
Leverage ratio	4.3 %	4.3 %	4.2 %	4.2 %	4.2 %
LIQUIDITY COVERAGE RATIO (LCR)¹²
Total	295%	295%	277%	277%	228%
NOK	62%	62%	78%	78%	109%
EUR	815%	815%	559%	559%	298%
USD	230%	230%	241%	241%	212%
OTHER KEY FIGURES
Market share excl. the Norwegian State Housing Bank¹³	47.2 %	47.2 %	48.3 %	48.3 %	48.2 %
Market share overall financing of customers excl. the Norwegian State Housing Bank¹⁴	49.1 %	49.1 %	49.6 %	49.6 %	49.7 %
Percentage of women employed in KBN¹⁵	36%	36%	34%	34%	34%
Emissions in tons CO₂ equivalents¹⁶	8.9	30.6	13.1	32.6	52.0

Fotnoter

¹Profit after tax adjusted for net unrealized gain/(loss) on financial instruments (in accordance with note 2) adjusted for estimated tax at 25% tax rate, and adjusted for Portion allocated to owners of additional Tier 1 capital. This result measure is included to give relevant information about the company’s underlying operations.

² Operating expenses as a percentage of sum Net interest income and Total other operating income adjusted for Net unrealized gain/(loss) on financial instruments (in accordance with note 2).

³ Share of the Profit for the year allocated to shareholders as a percentage of average equity (annualized). Average equity is calculated based on monthly equity, not including Profit for the year, less dividends from the time the dividends are paid out, as well as addition or reduction of the company’s share capital during the year.

⁴ Core earnings as a percentage of average equity (annualized).

⁵ Share of Profit for the year allocated to shareholders as a percentage of average assets (annualized). Average assets are calculated based on monthly assets.

⁶ Principal amounts.

⁷ Principal amounts. Aggregate customer financing is the sum of KBN’s lending portfolio and KBN’s portfolio of municipal bonds in the liquidity portfolio, which are included as a part of KBN’s financing of customers.

⁸ 12-month lending growth based on aggregate loans to customers (principal amounts).

⁹ 12 -month growth based on aggregate customer financing (principal amounts).

¹⁰ Of KBN’s aggregate green loans to customers, NOK 79.4 billion is financed through KBN’s green bonds.

¹¹ Percentage of municipalities in KBN’s lending portfolio with green loans, based on total aggregate green loans to customers.

¹²Liquidity coverage ratio (LCR) is a measure for the regulatory liquidity reserve. LCR is defined as liquid assets as a percentage of net payments in a given stress period of 30 days.

¹³ KBN’s market share based on total loans to customers of sector code 6500 divided by total lending to the same sector, based on Statistics Norway’s K2 reporting. Lending from the Norwegian State Housing Bank is not included as KBN does not compete for these loans.

¹⁴ KBN’s market share based on total customer financing of sector code 6500 divided by total lending to the same sector, based on Statistics Norway’s K2 reporting. Lending from the Norwegian State Housing Bank is not included as KBN does not compete for these loans.

¹⁵ Measured as the proportion of women among all employees.

¹⁶ KBN’s climate accounting is based on the Greenhouse Gas Protocol Corporate Standard. Own emissions consist of calculations within Scope 1 and Scope 2 in this climate statement, as well as indirect emissions in Scope 3 from waste management and travel activities.

See also overview and description of alternative performance measures published on kbn.com