Preliminary net profit attributable to shares increased by 4% to €1.29bn(e) for FY2017 compared to FY2016. Net interest income was slightly down by 0.5% to €4.35bn for 2017 compared to 2016. Commission income rose by 4% to €1.85bn in 2017. Operating income was flat at €6.7bn for 2017. Risk provisions for loan losses dropped by 33% to €132m in 2017 compared to 2016. General administrative expenses increased by 3% to €4.16bn in 2017. Other operating result was a lo
28 Feb 2018
Good 2017 earnings and higher dividend
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Good 2017 earnings and higher dividend
Erste Group Bank AG (EBS:WBO) | 0 0 (-0.9%) | Mkt Cap: 16,818m
- Published:
28 Feb 2018 -
Author:
Dieter Hein -
Pages:
2
Preliminary net profit attributable to shares increased by 4% to €1.29bn(e) for FY2017 compared to FY2016. Net interest income was slightly down by 0.5% to €4.35bn for 2017 compared to 2016. Commission income rose by 4% to €1.85bn in 2017. Operating income was flat at €6.7bn for 2017. Risk provisions for loan losses dropped by 33% to €132m in 2017 compared to 2016. General administrative expenses increased by 3% to €4.16bn in 2017. Other operating result was a lo