Brief: Kvika banki 9-Month Pre-Tax Profit At ISK 1,533 Million

Kvika banki

13/11/2020 08:23

Nov 13 (Reuters) - Kvika banki hf  KVIKA.IC :
    * REPORTED ON THURSDAY 9-MONTH PRE-TAX PROFIT OF ISK 1,533
MILLION
    * 9-MONTH NET OPERATING INCOME WAS ISK 6,077 MILLION
    * 9-MONTH NET INTEREST INCOME AMOUNTED TO ISK 1,328 MILLION,
RELATIVELY UNCHANGED YOY
    * FY MEDIAN FOR EARNINGS BEFORE TAX ESTIMATE HAS BEEN
INCREASED BY
ISK 150 MILLION
    * EARNINGS BEFORE TAX FOR THE YEAR ARE NOW EXPECTED TO RANGE
BETWEEN ISK 2,000 – 2,300 MILLION
    * REVISION IN THE EARNINGS ESTIMATE CAN BE MAINLY ATTRIBUTED
TO
IMPROVED RESULTS FROM ASSET MANAGEMENT OPERATIONS, STRONG
PROJECT PIPELINE OF THE CORPORATE FINANCE DIVISION AND INCREASE
IN NET FINANCIAL INCOME

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nGNE3Zr0Fl
    
 Further company coverage:  KVIKA.IC  
   


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