Q3 EPS NOK 1.97, 6% above ARCe and 1% below consensus. ROE 8.2%
NII below expected and losses a bit higher, result lifted by trading line
Loan loss ratio still elevated, but CET 1 ratio improved to 18.5%
Somewhat on the soft side, but shares already down 8.3% this week
29 Oct 2020
EPS in line, but lower quality
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EPS in line, but lower quality
SpareBank 1 SR-Bank ASA (SRBNK:OSL) | 0 0 0.0%
- Published:
29 Oct 2020 -
Author:
Joakim Svingen | Roy Tilley -
Pages:
6
Q3 EPS NOK 1.97, 6% above ARCe and 1% below consensus. ROE 8.2%
NII below expected and losses a bit higher, result lifted by trading line
Loan loss ratio still elevated, but CET 1 ratio improved to 18.5%
Somewhat on the soft side, but shares already down 8.3% this week