Net profit attributable to shares decreased by 14% to €66m for Q2 17 compared to Q2 16. Net interest income was down by 11% to €158m for Q2 17 compared to Q2 16. Loan loss provisions declined by 14% to €25m in Q2 17. Commission income rose by 4% to €49m in Q2 17. Administrative expenses were down by 10% to €129m in the same period. Other operating income was €55m in Q2 17 due to a positive €50m one-off contribution from a subsidiary’s reversal of provi
10 Aug 2017
Solid Q2 earnings again influenced by one-off gain
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Solid Q2 earnings again influenced by one-off gain
Aareal Bank AG (ARL:WBO) | 0 0 0.2% | Mkt Cap: 2,364m
- Published:
10 Aug 2017 -
Author:
Dieter Hein -
Pages:
2
Net profit attributable to shares decreased by 14% to €66m for Q2 17 compared to Q2 16. Net interest income was down by 11% to €158m for Q2 17 compared to Q2 16. Loan loss provisions declined by 14% to €25m in Q2 17. Commission income rose by 4% to €49m in Q2 17. Administrative expenses were down by 10% to €129m in the same period. Other operating income was €55m in Q2 17 due to a positive €50m one-off contribution from a subsidiary’s reversal of provi