Net profit attributable to shareholders increased by 22% to €337m for Q3 16 compared to Q3 15. Net interest income was down by 4% to €1.07bn for Q3 16 compared to Q3 15. Risk provisions for loan losses were down by 74% to €37m in the same period. Operating income declined by 3% to €1.64bn in Q3 16. General administrative expenses rose by 3% to €983m for Q3 16. Other operating result was down from a loss of €177m for Q3 15 to a loss of €60m for Q3 16. Pre-tax
04 Nov 2016
Good Q3 16 results and doubled dividend outlook
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Good Q3 16 results and doubled dividend outlook
Erste Group Bank AG (EBS:WBO) | 0 0 (-0.9%) | Mkt Cap: 16,818m
- Published:
04 Nov 2016 -
Author:
Dieter Hein -
Pages:
2
Net profit attributable to shareholders increased by 22% to €337m for Q3 16 compared to Q3 15. Net interest income was down by 4% to €1.07bn for Q3 16 compared to Q3 15. Risk provisions for loan losses were down by 74% to €37m in the same period. Operating income declined by 3% to €1.64bn in Q3 16. General administrative expenses rose by 3% to €983m for Q3 16. Other operating result was down from a loss of €177m for Q3 15 to a loss of €60m for Q3 16. Pre-tax