Brief: Sparebank 1 Ostfold Akershus Q3 Pre-Tax Profit Rises To NOK 288 Million

Sparebank 1 Ostfold Akershus

31/10/2024 07:14

Oct 31 (Reuters) - Sparebank 1 Ostfold Akershus
 SOAG.OL :
    * Q3 PRE-TAX PROFIT NOK 288 MILLION VERSUS NOK 152  MILLION
YEAR
AGO
    * Q3 NET INTEREST INCOME NOK 191  MILLION
    * Q3 RETURN ON EQUITY 21.9% (10.4%)
    * LENDING GROWTH IN THE RETAIL MARKET WAS 1.5% IN Q3 AND
12-MONTH
GROWTH WAS 3.7%
    * Q3 LOAN LOSSES NOK 19 MILLION VERSUS LOAN LOSSES NOK 10
MILLION
YEAR AGO
    * BANK'S PORTFOLIO SHOWS NO CONCRETE INDICATIONS THAT THE
RISK IN
THE LOAN PORTFOLIO HAS INCREASED SIGNIFICANTLY

Source text:  ID:nObiDRSK6a 
Further company coverage:  SOAG.OL 

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