Flekkefjord Sparebank Q2 FY26 net profit falls 10.09% to NOK 28.5 million
Reuters2026/08/14 05:58Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Flekkefjord Sparebank posted Q2 2026 net profit of NOK 28.5 million, down 10.09% year on year.
- Return on equity came in at 7.7%, while the cost-to-income ratio stood at 55.4%.
- Net interest margin narrowed to 1.73% amid strong competition, margin pressure, and high funding costs.
- First-half net profit totaled NOK 57.5 million, down 4.64% year on year; net interest income slipped to NOK 113.8 million.
- Net fee and commission income rose to NOK 23.7 million, while loan losses eased to NOK 3.3 million; 12-month lending growth was 15%.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Flekkefjord Sparebank published the original content used to generate this news brief on August 14, 2026, and is solely responsible for the information contained therein.
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