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Sparebank 1 SR Bank ASA ( (GB:0Q57) ) has shared an update.
SpareBank 1 Sør-Norge ASA reported a strong first quarter in 2025, with a profit of 1,737 million kroner and a return on equity of 13.5%. The increase in net interest income, low loan losses, and higher financial investment income contributed to the positive results. The bank experienced significant loan growth, particularly in the personal market, and is on track with its strategic goals, including raising its long-term return on equity target to 14%. The company is focused on efficiency improvements and strengthening its competitive position in the market.
More about Sparebank 1 SR Bank ASA
SpareBank 1 Sør-Norge ASA operates in the financial services industry, focusing primarily on banking services such as loans, mortgages, and financial investments. The company is committed to strengthening its market position by enhancing customer relationships and providing advisory services.
Average Trading Volume: 381,843
Current Market Cap: NOK63.67B
See more insights into 0Q57 stock on TipRanks’ Stock Analysis page.