Brief: The Bank Of Greenland's Report For Q1-Q3 2018

Groenlandsbanken A/S

30/10/2018 16:30

Oct 30 (Reuters) - Groenlandsbanken A/S  GRLA.CO :
    * REG-THE BANK OF GREENLAND'S REPORT FOR Q1-Q3 2018
    * QTRLY PROFIT BEFORE TAX WAS DKK 106,908 COMPARED TO DKK
103,778
FOR SAME PERIOD OF 2017
    * GROENLANDSBANKEN - QTRLY NET INTEREST AND FEE INCOME
AMOUNTS TO
DKK 233,129 AND IS LARGELY UNCHANGED COMPARED TO SAME PERIOD OF
2017
    * GROENLANDSBANKEN- BANK OF GREENLAND MAINTAINS EXPECTATION
OF
RESULT BEFORE TAX FOR FY 2018 AT LEVEL OF DKK 120 MILLION - 140
MILLION, VERSUS DKK 133 IN 2017
    * QTRLY PROFIT BEFORE VALUE ADJUSTMENTS AND WRITE-DOWNS
AMOUNTS TO
DKK 115,520 COMPARED TO DKK 120,196 FOR SAME PERIOD LAST YEAR
    * QTRLY TOTAL COSTS, AMORTIZATION AND DEPRECIATION INCREASED
BY
TKK 4,872 TO TDKK 121,743 COMPARED TO SAME PERIOD OF 2017

Source text for Eikon:  ID:nGNE5cbdwt 
Further company coverage:  GRLA.CO 

 ((Reuters.Briefs@thomsonreuters.com;))