Brief: Sparebank 1 Sorost-Norge Q3 Profit NOK 303 Million

Sparebank 1 Sorost-Norge

26/10/2023 06:47

Oct 26 (Reuters) - Sparebank 1 Sorost-Norge  SOONS.OL :
    * PROFIT IN Q3 OF 2023 WAS NOK 303 MILLION
    * LOAN GROWTH IS STILL LOW, BUT IT HAS PICKED UP AT END OF
QUARTER
    * RETURN ON EQUITY FOR QUARTER WAS 9.4%, COMPARED WITH 12.4%
IN
PREVIOUS QUARTER
    * NET INTEREST INCOME INCLUDING COMMISSION INCOME FROM
MORTGAGE
CREDIT INSTITUTIONS GREW BY 3.3% IN Q3 AND 20% IN PAST 12 MONTHS
    * IN Q3, COST OF LOSSES ON LOANS AMOUNTED TO NOK 19 MILLION
    * Q3 NET INTEREST INCOME, INCLUSIVE OF MORTGAGE CREDIT
INSTITUTIONS, OF NOK 548 MILLION (NOK 457 MILLION)
    * Q3 NET INCOME FROM FINANCIAL ASSETS NOK 9 MILLION (NOK 1
MILLION)

Source text for Eikon:  ID:nObiDPCrpa 
Further company coverage:  SOONS.OL 

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