Pre-tax profit increased by 47% to €452m for Q3 17 compared to Q3 16. Net interest income rose by 4% to €803m in Q3 17, while risk provisions were down by 14% to €84m. Commission income was up by 5% to €429m for Q3 17. The trading result was down by 4% to €50m for Q3 17 compared to Q3 16. The net result from financial investments was a profit of €5m in Q3 17 versus a loss of €6m for Q3 16. Income from derivatives and liabilities was a loss of €22m in Q3
14 Nov 2017
Good Q3 results above our and consensus expectations
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Good Q3 results above our and consensus expectations
Raiffeisen Bank International AG (RBI:WBO) | 0 0 (-1.3%) | Mkt Cap: 10,401m
- Published:
14 Nov 2017 -
Author:
Dieter Hein -
Pages:
2
Pre-tax profit increased by 47% to €452m for Q3 17 compared to Q3 16. Net interest income rose by 4% to €803m in Q3 17, while risk provisions were down by 14% to €84m. Commission income was up by 5% to €429m for Q3 17. The trading result was down by 4% to €50m for Q3 17 compared to Q3 16. The net result from financial investments was a profit of €5m in Q3 17 versus a loss of €6m for Q3 16. Income from derivatives and liabilities was a loss of €22m in Q3