VIENNA, Oct 30 (Reuters) - Austrian lender Erste Group on Wednesday reported a 8% rise in its third-quarter net profit, beating expectations, thanks to growing income in its eastern European core markets.
Net profit reached 491.1 million euros ($545.8 million) in the three months through September, the bank said.
Analysts had expected net profit of 480 million euros, according to a poll of 15 analysts by Erste Group, which was published on its website.
Erste confirmed its full-year target of a return on tangible equity (ROTE) of more than 11%. ($1 = 0.8998 euros) (Reporting by Kirsti Knolle, editing by Riham Alkousaa)