Instabank ASA reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net interest income was NOK 90.18 million compared to NOK 80.49 million a year ago. Net income was NOK 28.18 million compared to NOK 18.42 million a year ago. Basic earnings per share from continuing operations was NOK 0.07 compared to NOK 0.06 a year ago. Diluted earnings per share from continuing operations was NOK 0.07 compared to NOK 0.05 a year ago.
For the nine months, net interest income was NOK 263.14 million compared to NOK 238.32 million a year ago. Net income was NOK 75.7 million compared to NOK 56.84 million a year ago. Basic earnings per share from continuing operations was NOK 0.2 compared to NOK 0.17 a year ago. Diluted earnings per share from continuing operations was NOK 0.19 compared to NOK 0.16 a year ago.