Brief: Spar Nord Bank Q1 Net Profit Down At DKK 276 Mln

Spar Nord Bank A/S

05/05/2022 08:23

May 5 (Reuters) - Spar Nord Bank A/S  SPNO.CO :
    * Q1 NET INTEREST INCOME DKK  436 MILLION VERSUS DKK 414 MILLION YEAR AGO
    * Q1 CORE INCOME DKK 915 MILLION VERSUS DKK 938 MILLION YEAR AGO
    * Q1 NET PROFIT DKK 276 MILLION VERSUS DKK 295 MILLION YEAR AGO
    * Q1 REVERSAL OF LOAN LOSSES DKK 7 MILLION VERSUS LOAN LOSSES DKK 2 MILLION YEAR AGO
    * WE REMAIN CONFIDENT ABOUT THE OUTLOOK FOR 2022
    * FOR 2022, SPAR NORD EXPECTS CORE EARNINGS BEFORE IMPAIRMENT TO THE TUNE OF DKK 1,300-1,600
MILLION

Source text for Eikon:  ID:nGNE3FwSXC 
Further company coverage:  SPNO.CO 

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