Brief: Sparebank 1 Nord-Norge Q1 Profit After Tax Down At NOK 384 Mln

Sparebank 1 Nord-Norge

13/05/2020 06:40

May 13 (Reuters) - Sparebank 1 Nord-Norge  NONG.OL :
    * Q1 NET INTEREST INCOME NOK 552 MILLION VERSUS NOK  473
MILLION
YEAR AGO
    * THE TARGETED CASH DIVIDEND OF > 50 % STILL STANDS, BUT THE
CURRENT ECONOMICAL SITUATION DUE TO CORONA MIGHT AFFECT THE
DIVIDEND CAPACITY FOR 2020.
    * Q1 PROFIT AFTER TAX NOK 384 MILLION VERSUS NOK 869 MILLION
YEAR
AGO
    * Q1 LOAN LOSSES NOK  119 MILLION VERSUS REVERSAL OF LOAN
LOSSES
NOK 17 MILLION YEAR AGO

Source text for Eikon:  ID:nWkrnNb6 
Further company coverage:  NONG.OL 

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