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SpareBank 1 Sør-Norge Q2 FY26 pretax profit rises 1.56% to NOK 2.08 billion

PUBT·08/13/2026 05:07:48
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SpareBank 1 Sør-Norge Q2 FY26 pretax profit rises 1.56% to NOK 2.08 billion
  • Sparebank 1 Sor-Norge posted Q2 2026 pre-tax profit of NOK 2.08 billion, up NOK 32 million year on year.
  • Net income edged up to NOK 1.68 billion, while return on equity eased 0.2 percentage points to 12.7%.
  • Net interest income fell to NOK 2.15 billion on margin pressure from tougher competition.
  • Operating expenses dropped to NOK 1.3 billion, as headcount cuts helped offset inflation and wage growth.
  • Loan growth over the past 12 months reached 5.3%, while deposits climbed 14.5%; CEO Inge Reinertsen cited post-merger efficiency gains and market-share wins.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sparebank 1 Sor-Norge ASA published the original content used to generate this news brief on August 12, 2026, and is solely responsible for the information contained therein.