Nordea Eiendomskreditt H1 FY26 net profit falls 19.4% to NOK 676 million; net interest income drops 28% to NOK 1.5 billion
Reuters2026/08/14 12:12- Nordea reported H1 2026 net profit of NOK 676 million, down 19.43% year over year.
- Net interest income fell 28% to NOK 1.5 billion, driven mainly by reduced lending margins.
- Total operating income dropped to NOK 1.45 billion from NOK 2.07 billion, while expenses slid to NOK 645 million from NOK 1.07 billion.
- Net loan losses produced NOK 93 million of income, reflecting a NOK 99 million release of collective allowances and NOK 6 million realized losses.
- CET1 ratio eased 0.2 percentage points from the prior quarter to 27.9% as risk exposure amount rose to NOK 129.1 billion.
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