FilingReader Intelligence

Sparebanken Ost Q2 profit jumps 56% on asset sale

July 17, 2025 at 04:24 PM UTCBy FilingReader AI

Sparebanken Ost reported Q2 2025 net profit of NOK 208.7 million, up 56% from NOK 133.5 million a year earlier, delivering an 18.34% equity return.

The surge was primarily driven by an NOK 80.1 million gain from selling Eksportfinans ASA shares. The bank's common equity tier 1 capital ratio rose to 22.93% from 18.55% in Q2 2024.

Net interest income fell to NOK 215.2 million from NOK 239.8 million, reflecting pressure on deposit margins.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

OSL:SPOGOslo Stock Exchange

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