Sparebanken Norge Q2 pre-tax profit rises to NOK 2.25 billion; ROE climbs to 14%

Reuters2026/08/11 09:03

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Sparebanken Norge posted Q2 2026 pre-tax profit of NOK 2.25 billion; return on equity was 14% (16% adjusted for merger effects).
Net interest income rose to NOK 2.53 billion; net fee and commission income climbed to NOK 521 million.
Cost-to-income ratio widened to 31.5%, despite about NOK 26 million of merger-related costs; impairment losses narrowed to NOK 33 million.
Gross lending totaled NOK 504.9 billion, with retail up 2.1% quarter-on-quarter and corporate up 2.3%.
Management said the bank remains on track to become a national savings bank, planning new presences in Tromsø, Mo i Rana, and Trondheim.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sparebanken Norge published the original content used to generate this news brief on August 11, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Sparebanken Norge Q2 pre-tax profit rises to NOK 2.25 billion; ROE climbs to 14%

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