Raiffeisen Bank Posts Decline In Q2 Net Profit

Austrian Raiffeisen Bank International AG RAIFF reported a drop in its second quarter net profit. Raiffeisen Bank's quarterly net profit declined to 160 million euro ($200.6 million), missing analysts' estimates of EUR163 million. Its net interest income dropped 6.2% y/y to EUR841 million, versus analysts' estimates of EUR884 million. Raiffeisen Bank's risk provisions climbed 25% y/y to EUR247 million.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNewsprofit
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!