FilingReader Intelligence
SpareBank 1 Ostfold Akershus doubles Q2 profit to 280m NOK
August 19, 2025 at 02:02 PM UTC•By FilingReader AI
SpareBank 1 Ostfold Akershus reported pre-tax profit of 280 million NOK for Q2 2025, up from 171 million NOK in Q2 2024, driven by increased financial instrument income.
The bank achieved robust loan growth with private market loans up 7.8% and business market loans up 7.9% over 12 months. Equity return reached 14.7% with a core equity ratio of 19.61%, exceeding targets.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
OSL:SOAG•Oslo Stock Exchange
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