Quarterly Report for Q1 2007 for Spar Nord Bank


Pre-tax profits up 16% to DKK 242m

- Annualized 28% return on equity before tax
- Deposits rose 10%, and lending grew 29% - overall business volume of DKK 68bn
- Net interest income up 11% to DKK 272m
- Net income from fees, charges and commissions remained at an unchanged level
of DKK 130m 
- 9% growth in expenses as forecast
- Impairment of loans and advances, etc. resulted in a DKK 35m net income
recognition 
- Core earnings up 16% to DKK 231m
- Forecast for core earnings for the year repeated

Attachments

nr. 5 - 1. kvartalsmeddelelse  2007_engelsk.pdf