Brief: Sparebank 1 Q4 Net Interest Income Up At NOK 187.3 Mln

Sparebank 1 Sorost-Norge

07/02/2020 06:15

Feb 7 (Reuters) - Sparebank 1 BV  SBVGV.OL :
    * THE BEST RESULT EVER FROM CORE BUSINESS
    * SPAREBANK 1 BV'S LONG-TERM TARGET RETURN ON EQUITY REMAINS
AT A
MINIMUM OF 10% FOR 2020.
    * Q4 NET INTEREST INCOME NOK 187.3 MILLION VERSUS NOK 155.9
MILLION YEAR AGO
    * Q4 REVERSAL OF LOAN LOSSES NOK 3.5 MILLION VERSUS REVERSAL
OF
LOAN LOSSES NOK 9.4 MILLION YEAR AGO
    * BOARD RECOMMENDS CASH DIVIDEND FOR 2019 OF NOK 2.95 (67%)
PER
EQUITY CERTIFICATE AND PROVISIONS FOR RISK EQUALISATION FUND
CORRESPONDING TO NOK 1.48 (33%) PER EQUITY CERTIFICATE
    * Q4 TOTAL NET INCOME NOK 274,966 MILLION VERSUS NOK 207,329
MILLION YEAR AGO

Source text for Eikon:  ID:nObirZc6ya 
Further company coverage:  SBVGV.OL 

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