SpareBank 1 Østfold Akershus H1 FY26 net profit falls 13.45% to NOK 309 million
Reuters2026/08/14 05:37- SpareBank 1 Østfold Akershus posted H1 2026 net profit of NOK 309 million, down 13.45% year on year.
- Pretax profit fell 13.41% to NOK 368 million; return on equity slipped 2.4 percentage points to 12.3%.
- Net interest income including the mortgage company declined 3.88% to NOK 396 million; net interest margin narrowed to 1.65% from 1.83%.
- Loan losses rose to NOK 24 million from NOK 7 million, on higher modelled provisions tied to updated macro assumptions.
- Loan book expanded 8.6% year on year while deposits increased 6.2%; a voluntary cost program targets a 20 FTE reduction.
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