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The latest update is out from SpareBank 1 SMN ( (SRMGF) ).
SpareBank 1 SMN reported a robust financial performance in the first quarter of 2025, with a post-tax profit of 1,004 million kroner, driven by strong net interest income and reduced costs. The group maintained a solid liquidity position and low loan losses, while also announcing a strategic partnership with Swedbank to expand in the Swedish market. The company’s strategy, ‘One SMN,’ aims to enhance collaboration across business areas, contributing to diversified income streams and high customer satisfaction.
More about SpareBank 1 SMN
SpareBank 1 SMN is a financial services group operating primarily in Norway, offering a range of banking services including loans, deposits, and real estate brokerage. The company focuses on leveraging its diverse business areas to enhance customer satisfaction and maintain a strong market position.
Average Trading Volume: 171,425
Current Market Cap: NOK27.55B
Find detailed analytics on SRMGF stock on TipRanks’ Stock Analysis page.