Brief: Coop Pank Q4 Net Profit At EUR 2.4 Million, Up 53% YoY

Coop Pank AS

11/02/2021 06:23

Feb 11 (Reuters) - Coop Pank AS  CPA1T.TL :
    * Q4 NET INTEREST INCOME EUR 7.8 MILLION VERSUS EUR 5.8
MILLION
YEAR AGO
    * Q4 NET PROFIT EUR 2.4 MILLION VERSUS EUR 1.6 MILLION YEAR
AGO
    * NET LOAN PORTFOLIO AT EUR 671.0 MILLION BY YEAR END, UP
12% QOQ
    * SEES BY END OF 2022, LOAN PORTFOLIO OF LEAST EUR 1.00
BILLION,
FINANCING COSTS DOWN TO 0.7%, COST-INCOME RATIO TO DROP TO 50%
AND RETURN ON EQUITY TO INCREASE TO 15%

Source text:  ID:nGNE9hF3Cd 
    
Further company coverage:  CPA1T.TL 

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