MORG: nine-month profit up 2% to NOK 748m as loan losses fell sharply
MORG's year-to-date profit after tax rose 2% to NOK 748m as lending grew 6.7% and loan losses fell 46.5%, per TradingView. CET1 stood at 17.7%.
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what happened
According to TradingView, MORG's profit after tax for the first nine months of the year rose 2% to NOK 748m, despite lower net interest income. Loan loss provisions dropped 46.5%, while the lending book grew 6.7%.
The CET1 ratio was 17.7%, and management described its outlook as positive. The source notes that the text is an AI-generated summary that may contain inaccuracies, so key figures should be checked against the company's own reporting.
why it matters
For investors, the main drivers were lending growth and much lower loan losses, which offset weaker interest income. A CET1 ratio of 17.7% points to a solid capital cushion. The story concerns a single company and has limited relevance for the broader market.
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sources
- MORG: Profit rose 2% as lending grew and loan losses declined sharply — TradingView, 29 October 2026 at 06:02 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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