• Net profit attributable to shareholders decreased by 18% to €1.47bn for 2019 • Normalisation of loss allowances and the tax ratio in 2019 compared to 2018 • RoTE of 11.2% was in line with the FY2019 target of above 11%. The group confirmed its aim to achieve a return on tangible equity (RoTE) of more than 10% in 2020 • Dividend per share proposal increased to €1.50 for FY2019 compared to €1.40 for FY2018
28 Feb 2020
Solid 2019 figures burdened by Romanian court decision
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Solid 2019 figures burdened by Romanian court decision
Erste Group Bank AG (EBS:WBO) | 0 0 (-0.9%) | Mkt Cap: 16,818m
- Published:
28 Feb 2020 -
Author:
Dieter Hein -
Pages:
3
• Net profit attributable to shareholders decreased by 18% to €1.47bn for 2019 • Normalisation of loss allowances and the tax ratio in 2019 compared to 2018 • RoTE of 11.2% was in line with the FY2019 target of above 11%. The group confirmed its aim to achieve a return on tangible equity (RoTE) of more than 10% in 2020 • Dividend per share proposal increased to €1.50 for FY2019 compared to €1.40 for FY2018