• Profit before tax of 140.1 MNOK
• Dividend 52.4 MNOK (NOK 0.55 per share)
• Successful launch of lending product in Spain and savings products in Sweden
• Loan growth of 626 MNOK
• Cost to income ratio of 28.9%

• Profit before tax of 140.1 MNOK, after tax 106.2 MNOK
• Gross loans of 6 913 MNOK
• Customer deposits of 6 239 MNOK
• Equity of 1 404 MNOK (after dividend accrual)
• CET1 ratio of 20.18% (after dividend accrual)
• Book value per share of 14.17 NOK

• Continuing to navigate through an uncertain macroeconomic environment
• Close monitoring of customer behaviour and continued support of customers through temporary challenges
• Utilize the bank's market presence, within 4 markets, to optimize capital allocation and develop more diversified funding capabilities
• Prepare redomiciliation of the bank
• Prepare for listing on Nasdaq Stockholm  

The bank has delivered positive results every quarter since Q1 2017 and has generated a pre-tax profit in this period of around 750 MNOK. Over the past three years, Lea Bank has paid out 186 MNOK in dividends to shareholders (NOK 1.96 per share) with a dividend yield of 6.7%, 9.2% and 7.1% in 2021, 2022 and 2023, respectively (2023 depending on approval from the General Meeting), says CEO Oddbjørn Berentsen.

Contact information:

Oddbjørn Berentsen, CEO

Phone: +47 22 99 14 00

Emai: ir@leabank.no