Brief: Groenlandsbanken FY Pre-Tax Profit Up At DKK 158.9 Mln

Groenlandsbanken A/S

02/03/2022 15:58

March 2 (Reuters) - Groenlandsbanken A/S  GRLA.CO :
    * OUTLOOK 2022: SEES LENDING TO DEVELOP POSITIVELY TOWARDS END OF YEAR. DEPOSITS ARE
EXPECTED TO
BE AT LEVEL OF END OF 2021
    * TOTAL CORE INCOME IS EXPECTED TO INCREASE IN 2022
    * OUTLOOK 2022: TOTAL EXPENSES INCLUDING DEPRECIATION AND AMORTISATION ARE EXPECTED TO BE
MODERATELY HIGHER THAN IN 2021
    * FY NET INTEREST AND FEE INCOME DKK 338.9 MILLION VERSUS DKK 326.5 MLNYR AGO
    * FY PRE-TAX PROFIT DKK 158.9 MILLION VERSUS DKK 130.9 MILLION YEAR AGO
    * FY LOAN LOSSES DKK 1.5 MILLION VERSUS DKK 12.8 MILLION YEAR AGO

Source text for Eikon:  ID:nGNEbDmFkF 
Further company coverage:  GRLA.CO 

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