Net profit attributable to shares decreased by 40% to €37m for Q2 18 compared to Q2 17 which had benefited from a one-off gain of €50m. Net interest income was down by 10% to €136m for Q2 18 compared to Q2 17. Loan loss provisions declined by 24% to €19m in Q2 18. Commission income rose by 4% to €51m in Q2 18 compared to Q2 17. Administrative expenses were down by 16% to €109m in the same period. Other operating income was €3m for Q2 18 compared to €55m
14 Aug 2018
Solid Q2 figures, FY2018 targets confirmed, previous Q2 influenced by one-off gain
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Solid Q2 figures, FY2018 targets confirmed, previous Q2 influenced by one-off gain
Aareal Bank AG (ARL:WBO) | 0 0 0.2% | Mkt Cap: 2,364m
- Published:
14 Aug 2018 -
Author:
Dieter Hein -
Pages:
2
Net profit attributable to shares decreased by 40% to €37m for Q2 18 compared to Q2 17 which had benefited from a one-off gain of €50m. Net interest income was down by 10% to €136m for Q2 18 compared to Q2 17. Loan loss provisions declined by 24% to €19m in Q2 18. Commission income rose by 4% to €51m in Q2 18 compared to Q2 17. Administrative expenses were down by 16% to €109m in the same period. Other operating income was €3m for Q2 18 compared to €55m