Net profit attributable to shares decreased by 13% to €41m for Q3 18 compared to Q3 17 and was up by 11% compared to Q2 18. Net interest income was down by 9% to €131m for Q3 18 compared to Q3 17. Loan loss provisions decreased by 46% to €14m in Q3 18. Commission income rose by 6% to €51m in Q3 18. Net derecognition result (early loan repayments) declined by 75% to €5m for Q3 18 compared to Q3 17. Operating income decreased by 16% to €191m for Q3 18 compared to Q
13 Nov 2018
Increased earnings guidance for FY2018, mixed Q3 figures
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Increased earnings guidance for FY2018, mixed Q3 figures
Aareal Bank AG (ARL:WBO) | 0 0 0.2% | Mkt Cap: 2,364m
- Published:
13 Nov 2018 -
Author:
Dieter Hein -
Pages:
3
Net profit attributable to shares decreased by 13% to €41m for Q3 18 compared to Q3 17 and was up by 11% compared to Q2 18. Net interest income was down by 9% to €131m for Q3 18 compared to Q3 17. Loan loss provisions decreased by 46% to €14m in Q3 18. Commission income rose by 6% to €51m in Q3 18. Net derecognition result (early loan repayments) declined by 75% to €5m for Q3 18 compared to Q3 17. Operating income decreased by 16% to €191m for Q3 18 compared to Q