Brief: Komplett Bank Q2 Profit After Tax Up At NOK 36 Million

Morrow Bank ASA

11/08/2022 06:24

Aug 11 (Reuters) - Komplett Bank ASA  KOMPK.OL :
    * Q2 2022 RESULTS: ENCOURAGING INITIAL RESULTS FROM
STRATEGIC
INITIATIVES, STABLE PROFITABILITY AND SOLID CAPITAL POSITION
    * Q2 ADJUSTED NET LOANS UP 1.9% IN QUARTER TO NOK 7.3
BILLION
    * Q2 YIELD ON PERFORMING LOANS INCREASED TO 13.1% VERSUS
12.9% IN
Q1
    * Q2 COST/INCOME RATIO TRENDING DOWN; -2.3%-POINTS EXCLUDING
MARKETING SPEND IN Q2
    * Q2 LOAN LOSS RATIO AT 2.2% VERSUS 2.1% IN Q1
    * Q2 PROFIT AFTER TAX OF NOK 36 MILLION COMPARED TO NOK 35
MILLION
IN Q1

Source text for Eikon:  ID:nObiYyggZa 
Further company coverage:  KOMPK.OL 

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