Brief: Sparebank 1 Ostlandet Q1 Net Income Falls To NOK 266 Mln
08/05/2020 06:35
May 8 (Reuters) - Sparebank 1 Ostlandet SPOLT.OL :
* SPOL - STABLE BANKING OPERATIONS IN A CHALLENGING TIME
* Q1 NET INCOME NOK 266 MILLION VERSUS NOK 757 MILLION YEAR
AGO
* BOOKED NOK 151 MILLION IN LOSSES IN Q1, NOK 142 MILLION OF
WHICH
WAS DUE TO AN INCREASE IN MODEL-BASED PROVISIONS
* Q1 NET INTEREST INCOME NOK 594 MILLION VERSUS NOK 508
MILLION
YEAR AGO
Source text for Eikon: ID:nObigWpmFa
Further company coverage: SPOLT.OL
(Gdansk Newsroom)
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