Preliminary net profit attributable to shareholders was €968m for FY2015 compared to a loss of €1.4bn for FY2014. Net interest income was down by 1% to €4.4bn for 2015 compared to 2014. Operating income decreased slightly by 1.5% to €6.8bn for 2015. Risk provisions for loan losses were down by 65% to €729m in 2015 compared to 2014. General administrative expenses increased by 2% to €3.9bn in 2015. Other operating result decreased from a loss of €1.75bn for 2
26 Feb 2016
Expected turnaround successfully achieved
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Expected turnaround successfully achieved
Erste Group Bank AG (EBS:WBO) | 0 0 (-0.9%) | Mkt Cap: 16,818m
- Published:
26 Feb 2016 -
Author:
Dieter Hein -
Pages:
2
Preliminary net profit attributable to shareholders was €968m for FY2015 compared to a loss of €1.4bn for FY2014. Net interest income was down by 1% to €4.4bn for 2015 compared to 2014. Operating income decreased slightly by 1.5% to €6.8bn for 2015. Risk provisions for loan losses were down by 65% to €729m in 2015 compared to 2014. General administrative expenses increased by 2% to €3.9bn in 2015. Other operating result decreased from a loss of €1.75bn for 2