Lea bank reported a profit before tax of NOK 36.4 million for Q1 2023, up from NOK 34.3 million in the same quarter last year. Gross loans increased by NOK 390 million in the quarter to NOK 6,677 million. Net interest income for the quarter was NOK 131.5 million, an increase of NOK 17.4 million from Q1 2022. Loss on loans were NOK 60.0 million compared to NOK 44.6 million in Q1 2022. Equity at the end of the quarter was NOK 1,381.3 million.
The bank reports a profit for the 25th consecutive quarter that show consistency over a long period, says CEO Oddbjørn Berentsen. The bank continues to focus on solid banking operations, loan growth, and cost control going forward. In a time of uncertainty, it is reassuring to show stability over time says Berentsen.
Highlights of Q1 2023:Lea bank will present the results for Q1 2023 on Thursday, April 27, at 10:00 am. The presentation will take place at the bank's premises in Holbergs gate 21, Oslo. In addition, the presentation will be broadcasted via Microsoft Teams. Registration can be done to email: benedikte.gjostol@leabank.no
Contact information:
Oddbjørn Berentsen, CEO
Tel: +47 22 99 14 00
Email: ir@leabank.no