NII slightly above our estimate and flat q/qStrong non-interest income in the quarter, total income 14% above our estimateNet reversals of NOK 7m (7 bps) in Q2 vs ARCe/Cons 17m/13m in loan lossesCosts 7% below our estimate (adj. for NOK 8m one-off)Solid capital boost (+260 bps q/q) driven by CRR3 and sale of SamSpar sharesThe bank will see a 50 bps headwind on capital in Q3/25Overall a good report, though we expect to make relatively limited estimate changes

15 Aug 2025
Arctic FLASH: Sparebank 1 Østfold Akershus - A solid Q2 report

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Arctic FLASH: Sparebank 1 Østfold Akershus - A solid Q2 report
- Published:
15 Aug 2025 -
Author:
Roy Tilley | Martin Schei Nilsen -
Pages:
11 -
NII slightly above our estimate and flat q/qStrong non-interest income in the quarter, total income 14% above our estimateNet reversals of NOK 7m (7 bps) in Q2 vs ARCe/Cons 17m/13m in loan lossesCosts 7% below our estimate (adj. for NOK 8m one-off)Solid capital boost (+260 bps q/q) driven by CRR3 and sale of SamSpar sharesThe bank will see a 50 bps headwind on capital in Q3/25Overall a good report, though we expect to make relatively limited estimate changes