Sandnes Sparebank reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported net interest income was NOK 133.85 million compared to NOK 125.56 million a year ago. Net income was NOK 48.44 million compared to NOK 72.55 million a year ago. Basic earnings per share from continuing operations was NOK 1.5 compared to NOK 2.2 a year ago. Diluted earnings per share from continuing operations was NOK 1.5 compared to NOK 2.2 a year ago.
For the full year, net interest income was NOK 561.23 million compared to NOK 503.84 million a year ago. Net income was NOK 266.17 million compared to NOK 281.31 million a year ago. Basic earnings per share from continuing operations was NOK 8.1 compared to NOK 8.5 a year ago. Diluted earnings per share from continuing operations was NOK 8.1 compared to NOK 8.5 a year ago.