Brief: Addiko Q1 Net Interest Income Down By 2.9% At EUR 41.3 Mln

Addiko Bank AG

11/05/2022 06:43

May 11 (Reuters) - ADDIKO BANK AG  ADKO.VI :
    * ADDIKO REPORTS HIGHER PROFIT OF €6.5 MILLION FOR 1Q22
    * OUTLOOK 2022 UNCHANGED DESPITE ELEVATED INFLATION PRESSURE
*
INAUGURAL SHARE BUYBACK COMPLETED IN APRIL 2022
    * Q1 PROFIT AFTER TAX OF EUR 6.5 MILLION, UP FROM EUR 5
MILLION A
YEAR EARLIER
    * Q1 NET INTEREST INCOME DECLINED BY 2.9% TO EUR 41.3M
(1Q21: EUR
41.9M)
    * Q1 OPERATING RESULT UP AT EUR 14.3 MILLION
    * 1Q22 EPS OF EUR 0.33

Source text for Eikon:  ID:nPexKYm7Ma 
Further company coverage:  ADKO.VI 

 (Gdansk Newsroom)
 ((Gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))