Norwegian Finans Holding generated total banking revenues of NOK 1,251 mil in the first quarter of 2019, up 17.6% when compared to the same period of last year and 2.91% when compared to the previous quarter.
Historically, the bank’s revenues containing of interest, fee and other non-interest income reached an all time high of NOK 1,251 mil in 1Q2019 and an all time low of NOK 770 mil in 4Q2016. The average revenue in the last six quarters amounted to NOK 1,162 mil.
Net interest income represented 92.7% of total revenues, fee income contributed 7.34% and other non-interest income added further -0.063% to the overall revenue generation in 1Q2019.
Bank's total revenues accounted for 9.83% total assets in the first quarter of 2019, up from 9.38% a year earlier.