FilingReader Intelligence
Odal Sparebank reports strong Q2 profit above budget
August 15, 2025 at 02:06 PM UTC•By FilingReader AI
Odal Sparebank delivered pre-tax profit of NOK 83.5 million for Q2 2025, surpassing budget despite rent margin falling to 2.11% from 2.30% a year earlier.
The bank achieved robust 12-month loan growth of 14.7% and deposit growth of 9.9%. Loan losses were moderate at NOK 5.1 million.
Core capital increased to 22.07%. The bank issued green bonds worth NOK 825 million and expanded staffing for its Råholt/Eidsvoll initiative.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
OSL:ODAL•Oslo Stock Exchange
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