Brief: Morrow Bank Q4 Profit Before Tax Rises To NOK 83.6 Million

Morrow Bank ASA

13/02/2025 06:06

Feb 13 (Reuters) - Morrow Bank ASA  MOBAM.OL :
    * TO RECOMMEND A DIVIDEND OF UP TO 50% OF 2024 PROFITS
AVAILABLE
FOR DISTRIBUTION, APPROXIMATELY NOK 0.4 PER SHARE
    * PROFIT BEFORE TAX INCREASED BY 65% TO NOK 83.6 MILLION IN
Q4
(NOK 50.6 MILLION IN Q4 2023)
    * LOAN LOSS RATIO DECLINED FOR Q4 IN A ROW TO 4.6% (5.4% IN
Q4
2023)
    * FROM 2025, WE EXPECT GROWING EXCESS CAPITAL GENERATION

Source text:  ID:nObim0vN9a 
Further company coverage:  MOBAM.OL 

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