Financial targets: ROE >13%, ROTE >15%, Pay-out ratio ~50% and CET 1 target of 16.0%Q2 Earnings per EC NOK 4.3 vs ARCe/Cons 3.5/3.7CET 1 18.4% vs ARCe/Cons 18.5%/18.2%Solid across the board, major beat on non-interest incomeUnderlying credit quality better than headline (NOK 114m one-off related to merger)Impressive first quarter post-merger
