Brief: VP Bank FY net interest income up 15.8 pct to CHF 102.4 mln

VP Bank AG

07/03/2017 06:02

March 7 (Reuters) - VP Bank AG  VPBN.S : 
    * Group net income of 58.0 million Swiss francs ($57.36 million) for the 2016 financial year 
    * Tier 1 ratio (core capital ratio): 27.1 percent 
    * Will propose to pay out a dividend of 4.50 francs per registered share A (previous year 
4.00 francs) and 0.45 franc per registered share B (previous year 0.40 franc) 
    * FY total operating income decreased by 10.9 percent, from 306.6 million francs to 273.2 
million francs 
    * FY total net interest income result showed an increase of 15.8 percent in relation to the 
previous year, totalling 102.4 million francs 
    * FY income from commission business and services decreased by 6.0 percent to 118.8 million 
francs, whereas the income from trading activities rose by 5.5 percent to 44.5 million francs 
 
Source text - http://bit.ly/2lWSiq5 
Further company coverage:  VPBN.S  
 
($1 = 1.0112 Swiss francs) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))