May 4, 2018 / 5:34 AM / 19 days ago

BRIEF-Sparebank 1 SMN Q1 Net Interest Income At NOK 568 Mln

May 4 (Reuters) - SPAREBANK 1 SMN:

* RECORDED A NET PROFIT OF NOK 466 MILLION IN Q1

* LOSSES ARE DOWN BY ALMOST HALF TO NOK 48M COMPARED WITH SAME QUARTER LAST YEAR

* Q1 NET INTEREST INCOME ROSE BY NOK 35M TO NOK 568M COMPARED YOY

* Q1 LOAN LOSSES NOK 48 MILLION VERSUS NOK 89 MILLION YEAR AGO

* BANK’S TARGET CET1 RATIO OF 15.0 PER CENT STANDS FIRM Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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