Instabank interim report Q1 2022

The interim report for Q1 2022 and a presentation are attached to this notice.

Key highlights and developments:

Profit before tax of 25.2 MNOK, after tax 20.6 MNOK
- Profit after tax up 47 % from Q1-21

Net loans growth of 153 MNOK
- Adjusted for negative currency effects, growth was 194 MNOK

Mortgages volume growth of 149 MNOK
- Mortgages now represents 29 % of total net loans and 44 % of net loans in Norway

Instabank is likely to become a part of Lunar after a successful bid
- The completion of the offer is subject to regulatory approval


Contact persons: 
Robert Berg, CEO, robert.berg@instabank.no Per Kristian Haug, CFO, perkristian.haug@instabank.no

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.

Instabank_Interim_Report_Q1_22

Instabank_Q1-2022_Presentation