Pre-tax profit was €157m for Q3 15 compared to a loss of €16m for Q3 14 and decreased by 44% versus Q2 15. Net interest income declined by 14% to €813m in Q3 15 compared to Q3 14 while risk provisions were down by 73% to €191m. Commission income decreased by 5% to €384m for Q3 15. The trading result was a loss of €14m for Q3 15 compared to a profit of €30m for Q3 14. The net result from financial investments was €7m compared to €23m in Q3 14. Incom
12 Nov 2015
Weak Q3 results due to one-offs, more restructuring costs incurred after 2015
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Weak Q3 results due to one-offs, more restructuring costs incurred after 2015
Raiffeisen Bank International AG (RBI:WBO) | 0 0 (-1.3%) | Mkt Cap: 10,401m
- Published:
12 Nov 2015 -
Author:
Dieter Hein -
Pages:
2
Pre-tax profit was €157m for Q3 15 compared to a loss of €16m for Q3 14 and decreased by 44% versus Q2 15. Net interest income declined by 14% to €813m in Q3 15 compared to Q3 14 while risk provisions were down by 73% to €191m. Commission income decreased by 5% to €384m for Q3 15. The trading result was a loss of €14m for Q3 15 compared to a profit of €30m for Q3 14. The net result from financial investments was €7m compared to €23m in Q3 14. Incom