FilingReader Intelligence

SpareBank 1 Hallingdal Valdres profit rises despite higher costs

August 12, 2025 at 02:03 PM UTCBy FilingReader AI

SpareBank 1 Hallingdal Valdres recorded a total result of NOK 114.4 million for Q2 2025, up NOK 8.4 million from the same period last year. Total income increased by NOK 54.1 million, driven by higher net interest income, commission income, and financial asset returns.

Operating costs rose NOK 24.5 million to NOK 138.8 million, primarily due to higher personnel expenses and a significant NOK 39.2 million increase in loan loss provisions.

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

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