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Sparebanken Øst reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net interest income was NOK 214.3 million compared to NOK 176.8 million a year ago. Net income was NOK 119.5 million compared to NOK 61.7 million a year ago. Basic earnings per share from continuing operations was NOK 1.53 compared to NOK 0.79 a year ago. Diluted earnings per share from continuing operations was NOK 1.53 compared to NOK 0.79 a year ago.For the nine months, net interest income was NOK 658.7 million compared to NOK 547.1 million a year ago. Net income was NOK 327.7 million compared to NOK 201.5 million a year ago. Basic earnings per share from continuing operations was NOK 4.22 compared to NOK 2.6 a year ago. Diluted earnings per share from continuing operations was NOK 4.22 compared to NOK 2.6 a year ago.
Period Ending: | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 |
---|---|---|---|---|
Total Revenue | 24.3 | 624.8 | 529.1 | 503.4 |
Net Income | 112.8 | 119.5 | 110.2 | 98 |
Period Ending: | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 |
---|---|---|---|---|
Total Assets | 45378.6 | 45378.7 | 44416.5 | 44514.1 |
Total Liabilities | 40465 | 40555.3 | 39634.3 | 39905.3 |
Total Equity | 4913.6 | 4823.4 | 4782.2 | 4608.8 |
Period Ending: | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 |
---|---|---|---|---|
Period Length: | 0 Months | 0 Months | 0 Months | 0 Months |
Cash From Operating Activities | -38.1 | -629.8 | 18.6 | -128.3 |
Cash From Investing Activities | -0.5 | -2 | -6.4 | -6.8 |
Cash From Financing Activities | 689.4 | -192 | 263.3 | |
Net Change in Cash | 57.5 | -179.9 | 128.3 |
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