Third quarter results remained depressed by an elevated cost of risk while the top line proved pretty resilient. The capital position improved further but the low non-performing assets coverage remains a major question mark that will determine the pace of the group’s future profitability recovery.
14 Nov 2017
Cost of risk continues to weigh
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Cost of risk continues to weigh
Banco Comercial Portugues S.A. (0RJN:LON) | 0 0 0.0%
- Published:
14 Nov 2017 -
Author:
David Grinsztajn -
Pages:
2
Third quarter results remained depressed by an elevated cost of risk while the top line proved pretty resilient. The capital position improved further but the low non-performing assets coverage remains a major question mark that will determine the pace of the group’s future profitability recovery.