Brief: Sandnes Sparebank Q1 net interest income falls to NOK 116.8 mln

Rogaland Sparebank

22/04/2015 06:31

April 22 (Reuters) - Sandnes Sparebank  SADG.OL : 
    * Q1 net interest income 116.8 million Norwegian crowns ($14.85 million) versus 118.2 
million crowns year ago 
    * Q1 net income 29.5 million crowns versus 28.6 million crowns year ago 
    * Q1 tier-1 capital ratio 13.2 pct versus 15.2 pct year ago 
    * Q1 loan losses 11.1 million crowns versus 5.1 million crowns year ago 
    * Board is maintaining a growth rate of 2-5 pct in 2015, but it is conditional on the growth 
being profitable 
    * Board expects reduced IT-costs for 2016 
 
 
    Source text for Eikon:  ID:nHUG6sLlb3  
 
    Further company coverage:  SADG.OL  
 
($1 = 7.8633 Norwegian crowns) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))