27 Oct 2020

According to plan

SpareBank 1 Helgeland (HELG:OSL) | 0 0 0.0%

- Joakim Svingen | Roy Tilley
- 14 pages

SpareBank 1 Helgeland (HELG) published Q3 this afternoon and EPS was on the soft side following higher non-recurring operating expenses relating to the ongoing transaction with SpareBank 1 Nord-Norge (NONG). The project is running according to plan and we look forward to more details on the timeline, as well as consequences on revenue and operating expenses going forward in the Q4 report. We keep our Buy and target price of NOK 90 for now.

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According to plan

SpareBank 1 Helgeland (HELG:OSL) | 0 0 0.0%

Published: 27 Oct 2020
Author: Joakim Svingen | Roy Tilley
Pages: 14

SpareBank 1 Helgeland (HELG) published Q3 this afternoon and EPS was on the soft side following higher non-recurring operating expenses relating to the ongoing transaction with SpareBank 1 Nord-Norge (NONG). The project is running according to plan and we look forward to more details on the timeline, as well as consequences on revenue and operating expenses going forward in the Q4 report. We keep our Buy and target price of NOK 90 for now.