Brief: Sparebank 1 Ostlandet Q2 Profit After Tax Up At NOK 716 Mln

Sparebank 1 Ostlandet

08/08/2024 08:18

Aug 8 (Reuters) - Sparebank 1 Ostlandet  SPOLS.OL :
    * Q2 PROFIT AFTER TAX: NOK 716 (579) MILLION
    * Q2 NET LOAN LOSS PROVISIONS WERE NOK 39 (86) MILLION
    * Q2 NET INTEREST INCOME NOK 1008 MILLION VERSUS NOK 852
MILLION
YEAR AGO
    * UNDERLYING DEVELOPMENT IN COMMISSION INCOME IS ALSO GOOD,
PARTLY
DRIVEN BY STRONG RESULTS IN BANK'S SUBSIDIARIES
    * BOD HAS DECIDED TO INCREASE BANK'S TARGET FOR
PROFITABILITY,
FROM AT LEAST 12 TO AT LEAST 13 PERCENT RETURN ON EQUITY

Source text for Eikon:  ID:nObitTy2na 
Further company coverage:  SPOLS.OL 

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