Turkish Vakifbank Q1 net profit down 10 pct yr/yr

ISTANBUL, May 15 (Reuters) - Turkish lender Vakifbank VAKBN.IS said on Thursday its unconsolidated first quarter net profit fell 10 percent year-on-year to 196.4 million lira ($158 million).

The bank, the fourth largest listed bank by market capitalisation, said net interest income rose to 482.2 million lira from 407.8 million lira a year earlier and said total assets ended the quarter at 46.6 billion lira, from 42.4 billion at the end of last year. (Reporting by Thomas Grove)