Brief: Oma Saastopankki Q1 Pre-Tax Profit Up At EUR 11.7 Mln

Oma Saastopankki Oyj

03/05/2021 06:34

May 3 (Reuters) - Oma Saastopankki Oyj  OMASP.HE :
    * REG-OMA SAVINGS BANK PLC'S INTERIM REPORT 1.1.-31.3.2021:
STRONG
EARNINGS FROM THE BEGINNING OF THE YEAR
    * Q1 NET INTEREST INCOME CONTINUED TO INCREASE STRONGLY
16.1% IN
JANUARY-MARCH COMPARED TO SAME PERIOD LAST YEAR
    * Q1 PRE-TAX  PROFIT EUR 11.7 MILLION VERSUS EUR 7.2 MILLION
YEAR
AGO
    * OUTLOOK FOR 2021 (UNCHANGED)
    * BANK'S FINANCIAL POSITION IS STRONG, AND WE EXPECT RAPID
GROWTH
OF BUSINESS TO CONTINUE EVEN IN CURRENT FINANCIAL YEAR
    * Q1 NET INTEREST INCOME EUR 18.0 MILLION VERSUS EUR 15.5
MILLION
YEAR AGO
    * Q1 IMPAIRMENT LOSSES ON FINANCIAL ASSETS EUR  2.8 MILLION
VERSUS
LOSS EUR 8.5 MILLION YEAR AGO

Source text for Eikon:  ID:nGNE6VX8TB 
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