Tinde Sparebank profit falls on merger costs

Tinde Sparebank reported net profit of NOK 43.2 million for Q2 2025, down from NOK 47.6 million a year earlier, due to merger costs and higher credit losses.

The bank's cost ratio rose to 50.6% from 44.1%, reflecting approximately NOK 9.0 million in merger-related expenses. Total assets nearly doubled to NOK 14.1 billion from NOK 7.6 billion following the June merger with Sunndal Sparebank.