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The latest update is out from SpareBank 1 Nord-Norge ( (SPXXF) ).
SpareBank 1 Nord-Norge reported a strong financial performance for the first quarter of 2025, with a pre-tax profit of 1,008 million kroner, marking an increase from the previous year. The company attributes its success to a simplification project aimed at reducing costs and improving service efficiency. Additionally, the bank has seen growth in both personal and corporate markets and has made significant efforts to combat fraud, contributing to its positive results. The outlook for Northern Norway remains optimistic, with the bank benefiting from the region’s economic resilience and contributing to community development through its Community Commitment initiative.
The most recent analyst rating on (SPXXF) stock is a Hold with a NOK123.00 price target. To see the full list of analyst forecasts on SpareBank 1 Nord-Norge stock, see the SPXXF Stock Forecast page.
More about SpareBank 1 Nord-Norge
SpareBank 1 Nord-Norge operates in the financial services industry, providing banking services to both personal and corporate markets. The company is focused on delivering excellent customer service and has been recognized as one of the top banks in Norway for customer service.
Average Trading Volume: 129,053
Current Market Cap: NOK14.68B
Find detailed analytics on SPXXF stock on TipRanks’ Stock Analysis page.