Brief: Spar Nord Bank Q4 Net Interest Income Up At DKK 448 Mln

Spar Nord Bank A/S

10/02/2022 07:46

Feb 10 (Reuters) - Spar Nord Bank A/S  SPNO.CO :
    * REG-ANNUAL REPORT 2021 OF SPAR NORD
    * SPAR NORD BANK A/S - INTENDS TO PAY TOTAL DIVIDENDS OF DKK
5.00
PER SHARE FOR 2021, EQUAL TO 45% OF PROFIT FOR YEAR.
    * SPAR NORD BANK A/S - Q4 NET INTEREST INCOME DKK 448 
MILLION
VERSUS DKK 396 MILLION YEAR AGO
    * SPAR NORD BANK A/S -  EXPECTS TO SEE SOLID GROWTH BOTH IN
LENDING AND IN TOTAL BUSINESS VOLUME AGAIN IN 2022.
    * SPAR NORD BANK A/S -  EXPECTS A FAIR-SIZED INCREASE IN NET
INTEREST INCOME IN 2022
    * SPAR NORD BANK A/S -  EXPECTS TO RECORD INCREASE IN NET
FEE
INCOME IN 2022, BEARING IN MIND THAT H1 2021 WAS CHARACTERISED
BY HISTORICALLY HIGH LEVEL OF ACTIVITY IN HOUSING MARKET
    * SPAR NORD BANK A/S -  PROJECTS CORE EARNINGS BEFORE
IMPAIRMENT
IN THE DKK 1,300 - 1,600 MILLION RANGE IN 2022
    * SPAR NORD BANK A/S -  OUTLOOK 2022: ONLY EXPECTS MODERATE
LOAN
IMPAIRMENT CHARGES
    * SPAR NORD BANK A/S -  OUTLOOK 2022: PROFIT AFTER TAX IS
EXPECTED
TO BE IN THE DKK 1,000-1,250 MILLION RANGE
    * SPAR NORD BANK A/S - Q4 NET PROFIT DKK 334 MILLION VERSUS
DKK
230 MILLION YEAR AGO
    * SPAR NORD BANK A/S - Q4 LOAN LOSSES REVERSAL DKK 4 MILLION
VERSUS LOSS DKK 22 MILLION YEAR AGO

Source text for Eikon:  ID:nGNE52M2n9 
Further company coverage:  SPNO.CO 

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