Lea Bank — Earnings Release 2024

Feb 13, 2025

Lea bank ASA reports 2024 profit before tax of NOK 120 million

Lea bank ASA reports 2024 profit before tax of NOK 120 million

Highlights 2024:

Obtaining a Swedish banking license for Lea Bank AB.

Successful redomiciliation from Norway to Sweden, and change of listing to

Nasdaq Stockholm

Profit before tax of NOK 120 milllion

Loan growth of NOK 743 million

Cost to income ratio of 31.5%

As a Norwegian bank we have delivered positive results every quarter since Q1

2017 and has generated a pre-tax profit in this period of around 870 MNOK, says

CEO Oddbjørn Berentsen. Over the past 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.

Contact information:

Oddbjørn Berentsen, CEO

Phone: +46 8 509 285 00

Emai: ir@leabank.se