Market Overview

Bank Handlowy Q3 Net Profit Surges 37%

Related C
EQT Corp Beats on Q2 Earnings, Misses Revenues, Guides Well
Parsing Trends Into Earnings: How Will Netflix And Twitter React To Today's Earnings?
Top UK Regulator Joins Currency Market Probe (Fox Business)

Bank Handlowy w Warszawie SA, a unit of Citigroup (NYSE: C), reported a 37% rise in its third-quarter net profit.

Bank Handlowy's quarterly net profit surged to 251.2 million zlotys ($78 million), versus estimates of PLN225.9 million.

Its net interest income climbed 4% to PLN370.2 million, while net fee and commission income declined 3% to PLN151.8 million.

The bank's costs dropped 6% to PLN336.8 million.

Posted-In: profitEarnings News


Most Popular

Related Articles (C)

Around the Web, We're Loving...

Partner Network

Get Benzinga's News Delivered Free