Lea bank ASA reports Q4 profit before tax of NOK 40,6 million

Lea bank reported a profit before tax of NOK 40,6 million for Q4 2023, up from NOK 38 million last quarter. Gross loans amounted to 6,913 MNOK, compared to 6,607 MNOK in last quarter. Equity at the end of the quarter was NOK 1,403.9 million.

Highlights of Q4 2023:

• Profit before tax NOK 40,6 million (after tax NOK 30.7 million)
• Net interest income of NOK 137.8 million
• Gross loan portfolio of NOK 6.9 billion
• Cost-income ratio (C/I) of 28.9%
• Book value per share of NOK 14.17

Lea Bank will present the results for the 4th quarter of 2023 on Thursday, February 15th at 10:00 AM. The presentation will take place at the bank's premises at Holbergs gate 21, Oslo. Additionally, the presentation will be broadcasted via Microsoft Teams. Kindly RSVP indicating whether you will attend physically or digitally to ir@leabank.no. The Teams link will be sent prior to the presentation.

Contact information:

Oddbjørn Berentsen, CEO

Tel: +47 22 99 14 00

Email: ir@leabank.no