Brief: Sparebank 1 Ostlandet Q3 Profit After Tax Up At NOK 409 Million

Sparebank 1 Ostlandet

25/10/2019 06:39

Oct 25 (Reuters) - Sparebank 1 Ostlandet  SPOLT.OL :
    * SOLID QUARTER FROM SPAREBANK 1 ØSTLANDET
    * Q3 PROFIT AFTER TAX NOK 409 MILLION VERSUS NOK 362 MILLION
YEAR
AGO
    * LENDING HAS GROWN DESPITE CHANGES IN INTEREST RATES
CONTRIBUTING
TO INCREASE IN NET INTEREST INCOME IN GROUP
    * Q3 NET INTEREST INCOME NOK 554 MILLION VERSUS NOK 524
MILLION
YEAR AGO
    * LOAN LOSSES ARE VERY LOW AND GROWTH IN OPERATING COSTS IS
SLOWING AS HEADCOUNT HAS BEEN REDUCED
    * Q3 LOAN LOSS PROVISIONS: NOK 24 (12) MILLION

Source text for Eikon:  ID:nObiFClgXa 
Further company coverage:  SPOLT.OL 

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