SpareBank 1 Helgeland reports significant Q4 2025 losses

SpareBank 1 Helgeland has reported increased loss provisions of NOK 60 million for the fourth quarter of 2025. This significant rise is directly linked to the bankruptcy of a smolt facility on the Helgeland coast. The bank has stated that the engagement in question has now been significantly written down, and further losses on this specific engagement are considered unlikely.

As a result of these increased provisions, the bank's total holding of non-performing and impaired engagements will increase by NOK 323 million.

Consequently, SpareBank 1 Helgeland expects its total losses for the full year 2025 to be higher than previously communicated.