Brief: Banknordik Q1 Pre-tax profit up to DKK 57 Million

Foeroya Banki P/F

02/05/2017 07:04

May 2 (Reuters) - BANKNORDIK P/F  BNORDIK.CO : 
    * NET INTEREST INCOME WAS DOWN BY DKK 15M YEAR-ON-YEAR 
    * MANAGEMENT RECONFIRMS FY2017 GUIDANCE OF PROFIT BEFORE IMPAIRMENT CHARGES, VALUE 
ADJUSTMENTS AND TAX IN RANGE OF DKK 150-190M (Q1 2017: DKK 43M) 
    * IMPAIRMENT CHARGES ON LOANS FOR 2017 ARE EXPECTED TO BE LESS THAN DKK 20M (Q1 2017: DKK 
0M) 
    * OPERATING COSTS WERE DOWN BY DKK 1M TO DKK 116M. 
    * Q1 PRE-TAX PROFIT DKK 57 MILLION VERSUS DKK 25 MILLION YEAR AGO 
    * Q1 LOAN LOSSES DKK 0 MILLION VERSUS REVERSAL OF LOAN LOSSES DKK 1 MILLION YEAR AGO 
 
Source text for Eikon:  ID:nICE6TGB  
Further company coverage:  BNORDIK.CO  
 
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