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Name | Symbol | Market | Type |
---|---|---|---|
mBank SA (PK) | USOTC:BREJY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 4.42 | 7.28 | 8.38 | 0.00 | 19:26:58 |
By Patryk Wasilewski
WARSAW--Poland's BRE Bank SA (BRE.WA) Tuesday reported an 8.9% drop in third-quarter net profit to 280.1 million zlotys ($87.1 million), in line with market expectations of PLN282 million net profit.
MAIN FACTS:
- Third-quarter net interest income up 4.1% to PLN573.1 million.
- Analysts saw BRE's net interest income at PLN570 million.
- The bank's fees and commission income fell 6.9% to PLN204.1 million.
- Analysts expected the bank's fee and commission income to drop to PLN211 million.
- Provisions for bad loans up 21.3% to PLN134.9 million, versus PLN135 million seen by the market.
- BRE Bank is controlled by Germany's Commerzbank AG (CBK.XE).
Write to Patryk Wasilewski at patryk.wasilewski@dowjones.com
Order free Annual Report for BRE Bank SA
Visit http://djnweurope.ar.wilink.com/?ticker=PLBRE0000012 or call +44 (0)208 391 6028
Order free Annual Report for BRE Bank SA
Visit http://djnweurope.ar.wilink.com/?ticker=US05570T1051 or call +44 (0)208 391 6028
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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