Lea bank ASA reports profit before tax of NOK 25.1 million
Lea bank reported a profit before tax of NOK 25.1 million for Q2 2023. Gross loans amounted to 6,618.5 MNOK, compared to 6,676.6 MNOK in the previous quarter. Adjusted for the one-off sale of non-performing loans in Norway, the gross loans increased by NOK 309 million during the quarter. Net interest income for the quarter was NOK 136.9 million, an increase of NOK 15.9 million from Q2 2022. Loss on loans were NOK 83.6 million compared to NOK 42.3 million in Q2 2022. Equity at the end of the quarter was NOK 1,399.1 million. Lea bank has over the last years developed the bank to become an