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Sandnes Sparebank reported earnings results for the second quarter and six months ended June 30, 2024. For the second quarter, the company reported net interest income was NOK 203.88 million compared to NOK 194.65 million a year ago. Net income was NOK 105.16 million compared to NOK 102.13 million a year ago. Basic earnings per share from continuing operations was NOK 4.1 compared to NOK 3.1 a year ago. Diluted earnings per share from continuing operations was NOK 4.1 compared to NOK 3.1 a year ago.For the six months, net interest income was NOK 374.46 million compared to NOK 337.34 million a year ago. Net income was NOK 195.99 million compared to NOK 168.17 million a year ago. Basic earnings per share from continuing operations was NOK 6.8 compared to NOK 5.1 a year ago. Diluted earnings per share from continuing operations was NOK 6.8 compared to NOK 5.1 a year ago.
Period Ending: | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 |
---|---|---|---|---|
Total Revenue | 600.83 | 547.9 | 0 | 0 |
Net Income | 105.16 | 90.82 | 68.54 | 93.02 |
Period Ending: | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 |
---|---|---|---|---|
Total Assets | 35686.69 | 35121.83 | 34415.05 | |
Total Liabilities | 32002.18 | 31405.56 | ||
Total Equity | 3684.51 | 3716.27 |
Period Ending: | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 |
---|---|---|---|---|
Period Length: | 0 Months | 0 Months | 0 Months | 0 Months |
Cash From Operating Activities | 296.98 | -704.46 | ||
Cash From Investing Activities | 32.26 | -18.96 | -6.78 | |
Cash From Financing Activities | -189.08 | 656.9 | ||
Net Change in Cash | 140.15 | -66.51 | -506.2 |
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