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SpareBank 1 Sør-Norge H1 pre-tax profit rises to NOK 4.09 billion; ROE falls to 12.3%
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SpareBank 1 Sør-Norge H1 pre-tax profit rises to NOK 4.09 billion; ROE falls to 12.3%
  • SpareBank 1 Sør-Norge posted NOK 4.09 billion pre-tax profit for the first half, with return on equity after tax at 12.3%.
  • Second-quarter return on equity after tax was 12.7%, while earnings per share were NOK 4.3.
  • Impairment losses were NOK 54 million in the quarter, with an impairment ratio of 0.05%.
  • Quarterly lending growth reached 2.6%, led by corporate lending up 3.3% and retail up 2.5%.
  • Quarterly deposits climbed 6.4%; CET 1 capital ratio stood at 17.51% while the cost-to-income ratio was 37.8%.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sparebank 1 Sor-Norge ASA published the original content used to generate this news brief on August 13, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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