SpareBank 1 SR-Bank ASA Reports Profitable Q2
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SpareBank 1 SR-Bank ASA Reports Profitable Q2

Sparebank 1 SR Bank ASA (GB:0Q57) has released an update.

SpareBank 1 SR-Bank ASA reported its share of SpareBank 1 Gruppen’s net profit after tax rose to NOK 28 million in Q2 2024, up from a NOK 4 million loss in the same period last year, contributing to a year-to-date profit of NOK 81 million. Overall, SpareBank 1 Gruppen AS saw a consolidated net profit after tax of NOK 145 million in Q2 and NOK 416 million year-to-date, with Fremtind, a 65% owned entity, posting a pre-tax profit of NOK 495 million in Q2.

For further insights into GB:0Q57 stock, check out TipRanks’ Stock Analysis page.

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