May 11, 2020 / 6:00 AM / 15 days ago

BRIEF-Poland's Bank Millennium Q1 Net Profit At 18.1 Mln Zlotys, Below Expectations

May 11 (Reuters) - Bank Millennium SA:

* Q1 NET PROFIT 18.1 MILLION ZLOTYS VERSUS 61 MILLION ZLOTYS SEEN IN REUTERS POLL

* Q1 NET INTEREST INCOME 675.8 MILLION ZLOTYS VERSUS 684 MILLION ZLOTYS SEEN IN REUTERS POLL

* Q1 NET FEE AND COMMISSION INCOME 194.5 MILLION ZLOTYS VERSUS 177 MILLION ZLOTYS SEEN IN REUTERS POLL

* Q1 TOTAL RISK COST 137 MLN ZLOTYS, UP 89.3% Y/Y

* ON CORONAVIRUS: GROUP HAS BOOKED ADDITIONAL PROVISION OF 60 MLN ZLOTYS DUE TO POSSIBLE PANDEMIC IMPACT

* IN Q1 FX MORTGAGE RISK PROVISION HAS BEEN INCREASED BY ADDITIONAL 55 MLN ZLOTYS

Source text for Eikon: Further company coverage: (Gdansk Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below