Q2 2024 Sparebank 1 Ostlandet Earnings Call Transcript
Welcome, ladies and gentlemen to the second quarter presentation for Sparebank 1 Ostlandet. My name is Klara Lise Aasen. I am the CEO of the group and today we will walk through the results of the second quarter. And with me, I will have the CFO, Geir-Egil Bolstad who will present the more in details.
But first, let's look at the overall figures and achievements. I'm very proud to say that this quarter, we have delivered a good solid underlying business development, both in the private consumer retail segment and in the business, corporate banking segment, the solid loan growth we see in both areas of our customer related industries is larger than the market around us and it is very, very good for us.
And also we have an increase in the deposit area and this is leading to a return in equity of 14.2%. So the underlying businesses was driving this quarters good results. We also have a good development in commission income and Geir will come more into details on that. But I have to highlight that this quarter, we have seen the
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