PARETO BANK ASA

Financial Positions

Total Assets (2019)
17,510.54 mln NOK  (+12.20%)
Total Equity (2019)
3,257.46 mln NOK  (+29.89%)

In 2019 total assets of PARETO BANK ASA were 17,510.54 mln NOK. Growth compared to the previous period (2018) was 12.20%. The evolution of the total assets of PARETO BANK ASA is shown at Chart 1 below.

Total Assets of PARETO BANK ASA.

Chart 1. Total Assets of PARETO BANK ASA.

Recent changes in total assets of PARETO BANK ASA and its main components are shown in Table 1.

2018 2019 % change
Cash and deposits with Central Banks 68.1 351.3 +416.12%
Loans to banks 251.5 573.0 +127.83%
Loans to customers 11,708.0 13,214.4 +12.87%
Total Assets 15,607.0 17,510.5 +12.20%

Table 1. Recent changes in total assets of PARETO BANK ASA (mln NOK).

Recent changes in total liabilities of PARETO BANK ASA and its main components are shown in Table 2.

2018 2019 % change
Bank deposits 0.2 39.0 +25,924.00%
Customer deposits 7,622.7 8,149.6 +6.91%
Total Liabilities 15,607.0 17,510.5 +12.20%

Table 2. Recent changes in total liabilities of PARETO BANK ASA (mln NOK).

Profit and Loss

Operating Income (2019)
524.54 mln NOK  (+19.56%)
Annual Profit (2019)
397.63 mln NOK  (+20.21%)

Recent changes in gross profit of PARETO BANK ASA and its main components are shown in Table 3.

2018 2019 % change
Interest Income 752.8 946.5 +25.74%
Interest Charges -198.4 -266.0 +34.09%
Net Interest Income 554.4 680.5 +22.75%
Commission Income 11.8 7.0 -40.64%
Commission Charges -1.6 -1.6 +4.05%

Table 3. Recent changes in gross profit of PARETO BANK ASA (mln NOK).

In 2019 annual profit of PARETO BANK ASA was 397.63 mln NOK. Growth compared to the previous period (2018) was 20.21%. The evolution of the annual profit of PARETO BANK ASA is shown at Chart 2 below.

Annual Profit of PARETO BANK ASA.

Chart 2. Annual Profit of PARETO BANK ASA.

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