Net profit attributable to shareholders increased by 8% to €363m for Q3 17 compared to Q3 16. Net interest income was down by 0.5% to €1.09bn for Q3 17 compared to Q3 16. Risk provisions for loan losses were a profit of €33m for Q3 17 compared to a loss of €37m in the same period last year. Operating income was unchanged at €1.64bn in Q3 17 compared to Q3 16. General administrative expenses rose by 3% to €1.0bn for Q3 17. Other operating result increased from a l

03 Nov 2017
Good Q3 earnings and outlook for FY2018

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Good Q3 earnings and outlook for FY2018
Erste Group Bank AG (EBS:WBO) | 0 0 (-0.9%) | Mkt Cap: 16,818m
- Published:
03 Nov 2017 -
Author:
Dieter Hein -
Pages:
2 -
Net profit attributable to shareholders increased by 8% to €363m for Q3 17 compared to Q3 16. Net interest income was down by 0.5% to €1.09bn for Q3 17 compared to Q3 16. Risk provisions for loan losses were a profit of €33m for Q3 17 compared to a loss of €37m in the same period last year. Operating income was unchanged at €1.64bn in Q3 17 compared to Q3 16. General administrative expenses rose by 3% to €1.0bn for Q3 17. Other operating result increased from a l