Brief: Sparebank 1 Ostlandet Q4 Net Profit Down At NOK 291 Million
07/02/2020 06:50
Feb 7 (Reuters) - Sparebank 1 Ostlandet SPOLT.OL :
* STRONG RESULT, STRENGTHENED BANKING OPERATIONS AND GOOD CUSTOMER GROWTH
* PROPOSES A CASH DIVIDEND OF NOK 5.72 (4.12) PER EQUITY CERTIFICATE,
* TARGETS FOR 2020 AND YEARS AHEAD,: A PAY-OUT RATIO OF 50 PER CENT AND A REVISED TARGET FOR
COMMON EQUITY TIER 1 RATIO OF 17,2%
* Q4 NET INTEREST INCOME NOK 584 MILLION VERSUS NOK 544 MILLION YEAR AGO
* Q4 PROFIT AFTER TAX NOK 291 MILLION VERSUS NOK 322 MILLION YEAR AGO
* Q4 LOAN LOSSES NOK 33 MILLION VERSUS NOK 11 MILLION YEAR AGO
Source text for Eikon: ID:nObivnlKga
Further company coverage: SPOLT.OL
(Gdansk Newsroom)
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