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Sparebanken Øst Reports Record Financial Results for 2024
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Sparebanken Øst Reports Record Financial Results for 2024

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Sparebanken Ost ( (GB:0G45) ) has shared an announcement.

Sparebanken Øst has announced a record post-tax result for 2024, with a return on equity surpassing its long-term targets, showcasing the bank’s robust financial health and stability. Despite a challenging market with low credit growth and high competition, the bank has managed to maintain low loan losses and is proposing significant dividends and charitable contributions.

More about Sparebanken Ost

Sparebanken Øst is a solid financial institution in Norway with a focus on banking services. It maintains a strong position in the market with low-risk loan portfolios and high capital adequacy.

YTD Price Performance: 11.52%

Average Trading Volume: 12

Technical Sentiment Consensus Rating: Sell

Current Market Cap: NOK1.67B

For detailed information about 0G45 stock, go to TipRanks’ Stock Analysis page.

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