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Spar Nord Bank A/S (LTS:0JH4) Current Deferred Revenue


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Spar Nord Bank A/S (LTS:0JH4) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Spar Nord Bank A/S (LTS:0JH4) » Definitions » Current Deferred Revenue
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Traded in Other Exchanges
SPNO:Denmark 0SR:Germany
Address
Skelagervej 15, P.O. Box 162, Aalborg, DNK, 9100
Website
https://www.sparnord.com
Spar Nord Bank A/S is a retail bank operating in Denmark. About half of the bank's presence is in North Jutland. The company mostly grew outside its home base via mergers and acquisitions. It caters to common households and local small and medium-sized enterprises. The company's strategy emphasizes personalization and financial technology. Most of the bank's income is net interest income, followed by net fees, charges, and commissions. The majority of the bank's loan portfolio is business lending. The bank's business loan portfolio is diversified among several industries, most notably financial services, real estate, trade, and agriculture, hunting, and forestry.