AURSKOG SPAREBANK (AURG) investor relations material

Executive summary

• Net profit after tax reached NOK 130 million, matching last year despite increased competition and margin pressure.

• Forretningskapital (business capital) including loans brokered to Eika Boligkreditt rose to NOK 27.5 billion, up NOK 3.3 billion year-over-year.

• Customer satisfaction remains high, with the bank ranked best in Eastern Norway for the second consecutive year.

Financial highlights

• Net interest income for H1 2026 was NOK 178.3 million, down from NOK 180.9 million year-over-year.

• Net commission income increased to NOK 41.5 million from NOK 34.7 million.

• Dividend and securities income rose to NOK 42.1 million from NOK 40.4 million.

• Cost/income ratio increased to 36.1% from 34.5% year-over-year.

• Earnings per equity certificate (EPS) was NOK 8.99, compared to NOK 9.77 last year.

Outlook and guidance

• Continued strong demand for banking services across all customer segments.

• Interest rate adjustments will have full effect from August, supporting future earnings.

• The bank expects ongoing strong competition and emphasizes the need for efficient processes and high advisory quality.

• The loan portfolio is considered robust, with low credit risk despite geopolitical and economic uncertainties.