Edition:
United States

Sbanken ASA (SBANK.OL)

SBANK.OL on Oslo Stock Exchange

92.00NOK
10:28am EST
Change (% chg)

kr13.75 (+17.57%)
Prev Close
kr78.25
Open
kr78.25
Day's High
kr92.00
Day's Low
kr78.25
Volume
118,179
Avg. Vol
143,608
52-wk High
kr92.00
52-wk Low
kr68.00

Latest Key Developments (Source: Significant Developments)

Skandiabanken Q3 NII up at NOK 331.4 mln
Thursday, 2 Nov 2017 02:00am EDT 

Nov 2 (Reuters) - SKANDIABANKEN ASA :Q3 NET INCOME NOK ‍165.0​ MILLION VERSUS NOK 154.0 MILLION YEAR AGO.Q3 NET INTEREST INCOME NOK 331.4‍​ MILLION VERSUS NOK 299.9 MILLION YEAR AGO.Q3 LOAN LOSSES NOK 19.8‍​ MILLION VERSUS NOK 11.3 MILLION YEAR AGO.  Full Article

Skandiabanken Q2 net income falls to NOK 154.7 mln
Friday, 11 Aug 2017 01:00am EDT 

Aug 11 (Reuters) - SKANDIABANKEN ASA ::‍RECORDED A NET PROFIT OF NOK 154.7 MILLION IN Q2 OF 2017, COMPARED WITH NOK 359.4 MILLION​.Q2 NET INTEREST INCOME NOK 310.6‍​ MILLION VERSUS NOK 295.5 MILLION YEAR AGO.Q2 NET INCOME NOK 154.7 MILLION VERSUS NOK 359.4 MILLION YEAR AGO.Q2 LOAN LOSSES NOK 10.8 MILLION VERSUS NOK 20.0 MILLION YEAR AGO.  Full Article

Skandiabanken targets ROE of 14 pct for 2017-2019
Wednesday, 21 Jun 2017 02:00am EDT 

June 21 (Reuters) - SKANDIABANKEN ASA :FINANCIAL TARGETS FOR 2017-2019: RETURN ON EQUITY (ROE) OF 14 PER CENT.FINANCIAL TARGET FOR 2017-2019: COST-TO-INCOME RATIO LOWER THAN 35 PER CENT.FINANCIAL TARGET FOR 2017-2019: ANNUAL LENDING GROWTH EXCEEDING 10 PER CENT.  Full Article

Skandiabanken Q1 net interest income NOK 299.0 million
Tuesday, 9 May 2017 01:01am EDT 

May 9 (Reuters) - SKANDIABANKEN ASA :Q1 NET INTEREST INCOME NOK 299.0 MILLION VERSUS NOK 273.0 MILLION YEAR AGO.Q1 REVERSAL OF LOAN LOSSES NOK 20.4 MILLION VERSUS LOAN LOSSES OF NOK 8.3 MILLION YEAR AGO.Q1 NET INCOME NOK 164.8 MILLION VERSUS NOK 126.1 MILLION YEAR AGO.POSITIVE VOLUME GROWTH SEEN IN THE Q1 IS EXPECTED TO CONTINUE INTO THE SECOND QUARTER, BUT AT A SOMEWHAT SLOWER PACE.  Full Article

Skandiabanken Q4 net income jumps to NOK 149.7 mln
Thursday, 9 Feb 2017 01:14am EST 

Skandiabanken ASA : Q4 net interest income 309.3 million Norwegian crown versus 260.3 million crown year ago . Q4 loan losses 13.6 million crown versus 9.1 million crown year ago . Proposed dividend of 1.50 crown per share for 2016 . Q4 net income 149.7 million crown versus 106.0 million crown year ago . Updated targets 2017-2019: return on equity of 14 per cent . Updated targets for 2017-19: pay-out ratio of up to 30 per cent . Updated targets for 2017-19: CET1 ratio of 13.5 per cent . Updated targets for 2017-19: cost-to-income ratio of 35 per cent . Updated targets 2017-2019: annual loan growth above 10 per cent .Positive volume growth experienced in 2016 is expected to continue into the first quarter of 2017.  Full Article

Skandiabanken: Decision on Pillar 2 requirement
Thursday, 8 Dec 2016 07:46am EST 

Skandiabanken ASA : Norwegian FSA resolved that Pillar 2 requirement for Skandiabanken stands at 1.2 percent of risk-weighted assets (RWA) .By year-end 2016 Skandiabanken will thus have CET1 capital requirement of 12.7 pct.  Full Article

Skandiabanken Q2 net interest income increases to NOK 295.5 mln
Friday, 12 Aug 2016 01:00am EDT 

Skandiabanken ASA : Q2 net interest income 295.5 million Norwegian crowns ($35.88 million) versus 234.0 million crowns year ago . Q2 loan losses 20.0 million crowns versus 6.5 million crowns year ago .Q2 net income 359.4 million crowns versus 83.5 million crowns year ago.  Full Article

Skandiabanken Q1 net income up at NOK 126.1 million
Wednesday, 11 May 2016 01:01am EDT 

Skandiabanken ASA : Q1 net income 126.1 million Norwegian crowns ($15.39 million) versus 106.0 million crowns year ago . Q1 loan losses 8.3 million crowns versus 5.6 million crowns year ago . Q1 net interest income 273.0 million crowns versus 225.1 million crowns year ago .Provision income from card services is expected to be reduced in 2016.  Full Article

Skandiabanken ASA: Altor Invest 3 and Altor Invest 4 acquire shares in Skandiabanken
Thursday, 14 Apr 2016 02:10am EDT 

Skandiabanken ASA:Altor Invest 3 AS' and Altor Invest 4 AS' have acquired in aggregate 26.6 million shares in Skandiabanken.After completion of acquisition, each of buyers to hold 13.3 million Skandiabanken shares, corresponding to 25 percent of co's issued shares.  Full Article