Strong profit performance and good growth in Sparebanken Vest
(WorldNews Norway)

Strong profit performance and good growth in Sparebanken Vest 15.08.2019 07:15 Sparebanken Vest recorded a pre-tax profit of NOK 795 million in the second quarter, up from NOK 630 million in the corresponding period last year, and a return on equity of 18.0 per cent. Corrected for a one-off effect relating to the acquisition of Jonsvollskvartalet, Sparebanken Vest achieved a return on equity of 14.1 per cent for the quarter. Sparebanken Vest recorded a pre-tax profit of NOK 1,326 million (NOK 1,079 mill.) for the first half-year 2019, compared with NOK 1,079 million in the corresponding period last year. The return on equity was 14.7 per cent, compared with 12.5 per cent last year. -...