Morrow Bank ASA reported earnings results for the fourth quarter and full ear ended December 31, 2023. For the fourth quarter, the company reported net interest income was NOK 278.1 million compared to NOK 208.1 million a year ago. Net income was NOK 35.1 million compared to net loss of NOK 88.7 million a year ago. Basic earnings per share from continuing operations was NOK 0.13 compared to basic loss per share from continuing operations of NOK 0.5 a year ago. Diluted earnings per share from continuing operations was NOK 0.13 compared to diluted loss per share from continuing operations of NOK 0.5 a year ago.

For the full year, the company reported net interest income was NOK 1,020.2 million compared to NOK 793.3 million a year ago. Net income was NOK 151.9 million compared to NOK 0.9 million a year ago. Basic earnings per share from continuing operations was NOK 0.62 compared to basic loss per share from continuing operations of NOK 0.07 a year ago. Diluted earnings per share from continuing operations was NOK 0.61 compared to diluted loss per share from continuing operations of NOK 0.07 a year ago.