• SpareBank 1 Østfold Akershus posted H1 2026 net profit of NOK 309 million, down 13.45% year on year.
• Pretax profit fell 13.41% to NOK 368 million; return on equity slipped 2.4 percentage points to 12.3%.
• Net interest income including the mortgage company declined 3.88% to NOK 396 million; net interest margin narrowed to 1.65% from 1.83%.
• Loan losses rose to NOK 24 million from NOK 7 million, on higher modelled provisions tied to updated macro assumptions.
• Loan book expanded 8.6% year on year while deposits increased 6.2%; a voluntary cost program targets a 20 FTE reduction.

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 Østfold Akershus published the original content used to generate this news brief on August 14, 2026, and is solely responsible for the information contained therein.