SpareBank 1 SR-Bank ASA: A good result and a stable continuous growth
SpareBank 1 SR-Bank achieved a year-to-date pre-tax profit of NOK 2,048 million, compared with NOK 1,673 million for the same period last year. The result is characterised by increased income from ordinary operations, and a good contribution from financial investments. The return on equity after tax was 15%, compared with 13.2% for the same period last year. The pre-tax profit for the quarter alone was NOK 577 million (NOK 661 million), equivalent to a return on equity after tax of 12.2% (15.6%). Net interest income and commissions from SpareBank 1 Boligkreditt and SpareBank 1