Instabank ASA reported earnings results for the fourth quarter and full year ended December 31, 2021. For the fourth quarter, the company reported net interest income was NOK 79.97 million compared to NOK 58.37 million a year ago. Net income was NOK 25.48 million compared to NOK 14.28 million a year ago. Basic earnings per share from continuing operations was NOK 0.08 compared to NOK 0.04 a year ago. Diluted earnings per share from continuing operations was NOK 0.08 compared to NOK 0.04 a year ago.
For the full year, net interest income was NOK 281.43 million compared to NOK 220.77 million a year ago. Net income was NOK 83.45 million compared to NOK 42.68 million a year ago. Basic earnings per share from continuing operations was NOK 0.25 compared to NOK 0.13 a year ago. Diluted earnings per share from continuing operations was NOK 0.25 compared to NOK 0.13 a year ago.