The first-quarter results enjoyed a particularly benign cost of risk and strong non-interest income generation. Such a performance will not be repeated in the next quarters but it supports management’s full-year guidance and capital distribution pipeline.
06 May 2021
Unsustainable but supportive performance
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Unsustainable but supportive performance
- Published:
06 May 2021 -
Author:
David Grinsztajn -
Pages:
2
The first-quarter results enjoyed a particularly benign cost of risk and strong non-interest income generation. Such a performance will not be repeated in the next quarters but it supports management’s full-year guidance and capital distribution pipeline.