SpareBank 1 Gruppen (SB1NO.OL) on Wednesday reported net profit for the third quarter of NOK 1.292 billion, up from NOK 825 million in the same period last year. The majority's share of net profit was NOK 697 million, compared with NOK 442 million a year ago.
SpareBank 1 Sør-Norge ASA, which owns 19.5% of SpareBank 1 Gruppen, recorded a share of the group's net profit of NOK 136 million for the quarter, up from NOK 110 million pro forma in 2024.
Fremtind Holding Group, owned 51.44% by SpareBank 1 Gruppen, posted a pre-tax profit of NOK 1.503 billion, compared with NOK 1.095 billion last year.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.