Morrow Bank 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 255.4 million compared to NOK 193.5 million a year ago. Net income was NOK 35.7 million compared to NOK 18 million a year ago. Basic earnings per share from continuing operations was NOK 0.14 compared to NOK 0.08 a year ago. Diluted earnings per share from continuing operations was NOK 0.13 compared to NOK 0.08 a year ago.
For the nine months, net interest income was NOK 742.1 million compared to NOK 585.3 million a year ago. Net income was NOK 116.8 million compared to NOK 89.7 million a year ago. Basic earnings per share from continuing operations was NOK 0.49 compared to NOK 0.42 a year ago. Diluted earnings per share from continuing operations was NOK 0.49 compared to NOK 0.41 a year ago.