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SPNO — Spar Nord Bank A/S News Story

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Brief: Spar Nord Bank Q3 Net Interest Income Rises To DKK 402 Mln

Oct 31 (Reuters) - Spar Nord Bank A/S  SPNO.CO :
    * REG-INTERIM REPORT FOR Q3 2019
    * NET PROFIT OF DKK 876 MILLION AND RETURN ON EQUITY OF
13.1%
    * Q3 NET INTEREST INCOME DKK 402 MILLION VERSUS DKK 386
MILLION
YEAR AGO
    * Q3 LOAN LOSSES DKK 9 MILLION VERSUS DKK 50 MILLION YEAR
AGO
    * IN EARLY OCTOBER SPAR NORD UPGRADED ITS FORECAST OF CORE
EARNINGS BEFORE IMPAIRMENT TO DKK 1,200-1,300 MILLION, WHILE THE
NET PROFIT IS NOW FORECAST AT DKK 925-1,025 MILLION IN 2019

Source text for Eikon:  ID:nGNEByfb4 
Further company coverage:  SPNO.CO 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 772 0920;))

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