Preliminary net profit attributable to shares decreased by 4% to €191m for FY2017 compared to FY2016. Net interest income was down by 10% to €634m for 2017 compared to 2016. Loan loss provisions declined by 15% to €82m in 2017. Commission income rose by 7% to €206m in 2017. Administrative expenses declined by 7% to €511m in the same period. Pre-tax profit decreased by 10% to €328m for 2017 compared to 2016. The pre-tax profit includes a positive non-recurring eff
28 Feb 2018
Solid 2017 results, dividend increase, Basel IV and boring outlook for 2018
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Solid 2017 results, dividend increase, Basel IV and boring outlook for 2018
Aareal Bank AG (ARL:WBO) | 0 0 0.2% | Mkt Cap: 2,364m
- Published:
28 Feb 2018 -
Author:
Dieter Hein -
Pages:
2
Preliminary net profit attributable to shares decreased by 4% to €191m for FY2017 compared to FY2016. Net interest income was down by 10% to €634m for 2017 compared to 2016. Loan loss provisions declined by 15% to €82m in 2017. Commission income rose by 7% to €206m in 2017. Administrative expenses declined by 7% to €511m in the same period. Pre-tax profit decreased by 10% to €328m for 2017 compared to 2016. The pre-tax profit includes a positive non-recurring eff