Net profit attributable to shareholders increased by 21% to €438m for Q2 18 compared to Q2 17. Net interest income was up by 4% to €1.13bn for Q2 18 compared to Q2 17. Risk provisions for loan losses rose from €39m for Q2 17 to a profit of €18m for Q2 18. Operating income increased by 3% to €1.72bn in Q2 18. General administrative expenses rose by 3% to €1.0bn for Q2 18. Other operating result declined slightly from a loss of €84m for Q2 17 to a loss of &eur
31 Jul 2018
High Q2 18 profit benefits from loan loss income
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High Q2 18 profit benefits from loan loss income
Erste Group Bank AG (EBS:WBO) | 0 0 (-0.9%) | Mkt Cap: 16,818m
- Published:
31 Jul 2018 -
Author:
Dieter Hein -
Pages:
2
Net profit attributable to shareholders increased by 21% to €438m for Q2 18 compared to Q2 17. Net interest income was up by 4% to €1.13bn for Q2 18 compared to Q2 17. Risk provisions for loan losses rose from €39m for Q2 17 to a profit of €18m for Q2 18. Operating income increased by 3% to €1.72bn in Q2 18. General administrative expenses rose by 3% to €1.0bn for Q2 18. Other operating result declined slightly from a loss of €84m for Q2 17 to a loss of &eur