Instabank ASA

INSTA

NO0010762792

Banks

Real-time Oslo Bors Other stock markets 08:55:59 2024-04-29 am EDT			5-day change	1st Jan Change
1.825 ^NOK	+2.53%		+2.82%	+4.58%

Feb. 08	Instabank ASA Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	CI
Feb. 07	Instabank ASA Reports Earnings Results for the Full Year Ended December 31, 2023	CI

Instabank ASA Reports Earnings Results for the Second Quarter Ended June 30, 2023

August 10, 2023 at 07:33 am EDT

Instabank ASA reported earnings results for the second quarter ended June 30, 2023. For the second quarter, the company reported net interest income was NOK 89.17 million compared to NOK 79.58 million a year ago. Net income was NOK 23.85 million compared to NOK 17.77 million a year ago.

Latest news about Instabank ASA

Instabank ASA Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Feb. 08	CI
Instabank ASA Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 06	CI
Instabank ASA Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Oct. 31	CI
Instabank ASA Reports Earnings Results for the Second Quarter Ended June 30, 2023	23-08-10	CI
Instabank Raises NOK1.6 Million via Subsequent Share Offering	23-06-26	MT
Instabank ASA Reports Earnings Results for the First Quarter Ended March 31, 2023	23-04-26	CI
Instabank ASA announced that it expects to receive NOK 70 million in funding from Kistefos A.S. and others	23-04-11	CI
Instabank ASA Reports Earnings Results for the Full Year Ended December 31, 2022	23-02-08	CI
Instabank ASA Reports Earnings Results for the Fourth Quarter Ended December 31, 2022	23-02-08	CI
Instabank ASA Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022	22-11-03	CI
Lunar Bank A/S cancelled the acquisition of Instabank ASA (OB:INSTA).	22-09-29	CI
Instabank ASA Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022	22-08-11	CI
Norway's Instabank Considers Next Action as Takeover Offer by Lunar in Limbo	22-08-04	MT
Instabank Sinks 21% As Lunar Bank Fails to Satisfy Regulatory Demands	22-06-29	MT
Lunar Bank To Submit Updated Application To Secure Regulatory Approval For Instabank Purchase	22-05-23	MT
Instabank ASA Reports Earnings Results for the First Quarter Ended March 31, 2022	22-05-06	CI
Lunar Bank Meets Acceptance Condition of Instabank Purchase	22-04-12	MT
Instabank Gets $149 Million Voluntary Cash Offer From Fintech Group Lunar	22-03-28	MT
Lunar Bank A/S agreed to acquire an unknown minority stake in Instabank ASA (OB:INSTA) for NOK 1.3 billion.	22-03-27	CI
Instabank ASA Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2021	22-02-10	CI
An unknown buyer entered into an agreement to acquire Non-performing loans portfolio of Instabank ASA from Instabank ASA (OB:INSTA).	21-11-29	CI
Instabank ASA Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021	21-11-05	CI
Instabank ASA (OB:INSTA) completed the acquisition of portfolio of unsecured loans of Optin Bank ASA from Optin Bank ASA.	21-06-29	CI
Instabank ASA (OB:INSTA) agreed to acquire Portfolio Of Unsecured Loans of Optin Bank ASA from Optin Bank ASA for NOK 40.5 million.	21-06-15	CI
Instabank Asa Reports Earnings Results for the First Quarter Ended March 31, 2021	21-05-06	CI

Chart Instabank ASA

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Company Profile

Instabank ASA is a Norway-based company, which is primarily engaged in the financial services industry. The Company operates as a fully digital bank that offers loan products, savings and insurance to consumers in Norway, Sweden, Finland and Germany. The Company is a small and dynamic organization that provides customers with straightforward, digital and flexible bank solutions. Through Instabank's technology and paytech expertise, the Bank also assists companies that want to innovate their business model in light of the digital transformation. The Company distributes products and services primarily through the bankâs Website and via agents. The Company is primarily owned by Norwegian investors.

Sector

Banks

Calendar

2024-04-29 - Q1 2024 Earnings Release

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Ratings for Instabank ASA

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

1.78 NOK

Average target price

1.9 NOK

Spread / Average Target

+6.74%

Consensus

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Company calendar

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Commercial Banks

Instabank ASA

Equities

INSTA

NO0010762792

Banks

Instabank ASA Reports Earnings Results for the Second Quarter Ended June 30, 2023

EPS Revisions