Norwegian Finans Holding made a net profit of NOK 483 mil in the first quarter of 2019, up 17.7% when compared to the same period of last year. This implies a return on equity of 24.8%.
Historically, the bank’s net profit reached an all time high of NOK 483 mil in 1Q2019 and an all time low of NOK 243 mil in 3Q2017. The average profit in the last six quarters amounted to NOK 453 mil.
The bank generated its shareholders an average return on equity of 29.0% in the last five years with maximum at 35.5% and minimum at 19.2%.