Morrow Bank AB

Financial Performance

• Gross loans reached SEK 18.1 billion, an increase of SEK 1.2 billion during the quarter.
• Total income amounted to SEK 370 million.
• Profit before tax was SEK 87 million for the quarter.
• Earnings per share (EPS) stood at SEK 0.26.
• Return on equity (ROE) was 10.7%, and return on target equity (ROTE) was 13.9%.
• Cost/income ratio was 24.8%…