Brief: Oma Saastopankki Q4 Net Interest Income Up At EUR 18.9 Mln

Oma Saastopankki Oyj

08/02/2021 06:41

Feb 8 (Reuters) - Oma Saastopankki Oyj  OMASP.HE :
    * REG-OMA SAVINGS BANK PLC'S FINANCIAL STATEMENTS RELEASE 1
JANUARY - 31 DECEMBER 2020: RAPID GROWTH OF THE BUSINESS
CONTINUED AND THE PROFIT ROSE TO A NEW RECORD LEVEL
    * OMA SAASTOPANKKI OYJ Q4 NET INTEREST INCOME EUR 18.9
MILLION
VERSUS EUR 15.0 MILLION YEAR AGO
    * OMA SAASTOPANKKI OYJ Q4 PRE-TAX PROFIT EUR 10.5 MILLION
VERSUS
EUR 5.6 MILLION YEAR AGO
    * OMA SAASTOPANKKI OYJ Q4 LOAN LOSSES EUR 7.6 MILLION VERSUS
EUR
3.6 MILLION YEAR AGO
    * PROPOSES THAT, BASED ON FINANCIAL STATEMENTS TO BE
APPROVED FOR
2020, A DIVIDEND OF EUR 0.24 BE PAID
    * WE EXPECT PROFITABILITY OF BANK'S CORE BUSINESS TO IMPROVE
FURTHER AND EARNINGS GROWTH TO CONTINUE IN 2021.
    * IN ADDITION, PROPOSES TO PAY DIVIDEND OF EUR 0.06 ON EACH
SHARE
ENTITLING TO DIVIDEND FOR 2020 IN RESPECT OF DIVIDENDS NOT PAID
FOR 2019
    * ESTIMATES THAT PROFITABLE GROWTH WILL CONTINUE TO BE
STRONG
DESPITE OVERALL ECONOMIC UNCERTAINTY
    * EXPECTS 2021 PROFIT BEFORE TAXES AND COMPARABLE PROFIT
BEFORE
TAXES WILL GROW COMPARED TO PREVIOUS ACCOUNTING PERIOD.

Source text for Eikon:  ID:nGNEh0ssD 
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