Pareto Bank ASA (DE:8PB) has released an update.
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Pareto Bank ASA reported a strong financial performance in the second quarter of 2024, with a post-tax result of NOK 178.2 million, marking an increase from the previous year’s NOK 154.4 million. The bank’s net interest income also showed growth, contributing to a total income of NOK 315.5 million for the quarter. The first half of the year saw robust loan growth, particularly in housing development, business, and offshore financing, with customer deposits also increasing significantly.
For further insights into DE:8PB stock, check out TipRanks’ Stock Analysis page.
