Brief: Banque Cantonale Vaudoise FY Revenues Up 3% To CHF 1.04 Bln

Banque Cantonale Vaudoise

09/02/2023 06:46

Feb 9 (Reuters) - BANQUE CANTONALE VAUDOISE  BCVN.S :
    * BCV GROUP FY 2022 NET PROFIT UP 3%, DIVIDEND AND DIVIDEND
TARGET
RANGE INCREASED
    * FY REVENUES WERE UP 3% TO CHF 1.04BN
    * FY OPERATING PROFIT ROSE 4% YEAR ON YEAR TO CHF 448M ON
FIRM
COST CONTROL
    * FY NET PROFIT WAS UP 3% TO CHF 388M
    * AT THE UPCOMING ANNUAL SHAREHOLDERS’ MEETING, THE BOARD OF
DIRECTORS WILL RECOMMEND AN ORDINARY DIVIDEND OF CHF 3.80 PER
SHARE, UP CHF 0.10 ON THE PRIOR-YEAR FIGURE
    * OUTLOOK : BARRING A SIGNIFICANT CHANGE IN THE FINANCIAL
MARKETS
OR THE OVERALL ECONOMIC SITUATION, FY 2023 BUSINESS DEVELOPMENT
IS EXPECTED TO TREND ALONG THE SAME LINES AS IN PRIOR YEARS

Further company coverage:  BCVN.S 
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