SpareBank 1 SR-Bank - Good result - fine development in other operating income and net reverse losses
· Group profit before tax: NOK 514 mill. (NOK 492 mill.). · Return on equity after tax: 20.9% (23.3%). · Net commission income and other income: NOK 333 mill. (NOK 276 mill.). · Income from ownership interests: NOK 70 mill. (34 mill.). · Net reverse losses: NOK 7 mill. (net loss 2 mill.). · Growth in lending: 13.7% (13.0%) last 12 months, 15.1 in the retail market and 10.9% in the corporate market. · Deposit growth: 12.6% (17.0%) last 12 months, 6.4 % in the retail market and 18.9% in the corporate market. · Profit per primary capital certificate: NOK 9.2 (NOK 8.6).