SpareBank 1 SR-Bank - Good earnings - high growth and net recoveries on losses
· Group profit before tax: NOK 769 million (NOK 803 million) · Return on equity capital after tax: 20,2 % (24,6 %) · Net commission and other income: NOK 494 million (NOK 421 million) · Income from ownership interests: NOK 113 million (NOK 63 million) · Net recoveries on losses: NOK 42 million (net recoveries NOK 33 million) · Growth in lending: 19.1% (12.4%) over last 12 months, 15.3% for RM and 27.5 % for CM · Growth in deposits: 12.6% (18.7%) over last 12 months, 6.2% for RM and 18.9 % for CM · Earnings per primary capital certificate: NOK 13.3 (NOK 14.8)I am very