Brief: BankNordik Prelim. Q3 Net Interest Income At DKK 90 Mln; Raises Guidance For 2019 Net Profit

Foeroya Banki P/F

18/10/2019 15:50

Oct 18 (Reuters) - BankNordik P/F  BNORDIK.CO :
    * REG-GUIDANCE UPDATE FOR THE 2019 RESULT
    * BANKNORDIK RAISES ITS NET PROFIT GUIDANCE FOR YEAR OF 2019
FROM
PREVIOUSLY GUIDED DKK 150-200M TO DKK 170-210 (9M 2019: 158M)
    * UPWARDS REVISION IS RELATED TO HIGHER FEE AND INSURANCE
INCOME
AS WELL AS CONTINUOUS REVERSAL OF IMPAIRMENT CHARGES
    * PRELIM Q3 PROFIT BEFORE VALUE ADJUSTMENTS AND TAX DKK 58
MILLION
VERSUS DKK 81 MILLION YEAR AGO
    * PRELIM Q3 NET INTEREST INCOME DKK 90 MILLION VERSUS DKK 94
MILLION YEAR AGO

Source text for Eikon:  ID:nGNE7s65FM 
Further company coverage:  BNORDIK.CO 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))