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FOBANK Foeroya Banki P/F News Story

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Brief: BankNordik Q2 operating profit DKK 50 million; narrows FY guidance

Aug 4 (Reuters) - BankNordik P/F  BNORDIK.CO : 
    * Q2 net interest income 98 million Danish crowns ($14.7 million) versus 122 million crowns 
year ago 
    * Q2 operating profit was 50 million crowns, flat compared to Q1 2016 
    * H1 operating profit 101 million crowns, up 4 million crowns compared to H1 2015 
    * Q2 total pre-tax profit 61 million crowns versus 12 million crowns year ago 
    * Narrows FY 2016 guidance on profit before impairment charges, non-recurring items, value 
adjustments and tax from 150 million - 190 million crowns to 160 million - 190 million crowns 
    * Net impairment charges on loans for 2016 are expected to be in line with level of 2015 
    * Says guidance is generally subject to uncertainty and will depend on economic conditions 
 
     
Source text for Eikon:  ID:nICE6qNG  
     
Further company coverage:  BNORDIK.CO  
 
($1 = 6.6753 Danish crowns) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))

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