Brief: Sandnes Sparebank Q2 Profit After Taxes Rises To NOK 96.9 Million

Rogaland Sparebank

16/08/2018 07:05

Aug 16 (Reuters) - SANDNES SPAREBANK  SADG.OL :
    * SOLID GROWTH AND GOOD EARNINGS
    * Q2 NET INTEREST INCOME NOK 116.0 MILLION VERSUS NOK 116.6
MILLION YEAR AGO
    * Q2 PROFITS AFTER TAXES: NOK 96.9 (62.8) MILLION.
    * CHANGING ITS DIVIDEND POLICY FROM A DISTRIBUTION RATE OF
UP TO
50% OF ANNUAL PROFITS, TO A DISTRIBUTION RATE OF 50-75%.
    * SAYS IT IS REASONABLE TO REDUCE THE 2018 LOSS ESTIMATE
SOMEWHAT
RELATIVE TO PREVIOUS ESTIMATES.

Source text for Eikon:  ID:nObitStXSa 
Further company coverage:  SADG.OL 

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