Lea Bank ASA

Earnings Release • Apr 25, 2024

Lea bank ASA reports Q1 profit before tax of NOK 31.4 million

Lea bank ASA reports Q1 profit before tax of NOK 31.4 million

Lea bank reported a profit before tax of NOK 31.4 million for Q1 2024. Gross

loans amounted to 7,264 MNOK, compared to 6,913 MNOK in last quarter. Equity at

the end of the quarter was NOK 1,426.5 million.

Highlights of Q1 2024:

- Profit before tax NOK 31.4 million (after tax NOK 23.9 million)

- Net interest income of NOK 135.8 million

- Gross loan portfolio of NOK 7.3 billion

- Cost-income ratio (C/I) of 29.4%

- Book value per share of NOK 14.41

Lea bank will present the results for the 1st quarter of 2024 on Thursday, April

25th at 10:00 AM. The presentation will be a webcast-only event and broadcasted

via Microsoft Teams. Please RSVP to ir@leabank.no

The Teams link will be sent prior to the presentation.

Contact information:

Oddbjørn Berentsen, CEO

Tel: +47 22 99 14 00

Email: ir@leabank.no