Erste Group´s Earnings Expected to Increase

Business › n.a. ♦ Published: October 29, 2012; 18:49 ♦ (Vindobona)

The Austrian banking group will present its figures for the third quarter tomorrow. Net income is forecasted to improve.

Erste Group´s Earnings Expected to Increase / Picture: © Erste Group / Christian Wind

Erste Group is expected to reach a net income of € 158m in the third quarter. Compared to the second quarter, Erste Group´s net income will increase by € 51m, analysts say. Against the reference period of 2011, the result will improve drastically. However, the third quarter of 2011 is not really comparable. One year ago, Erste Group shocked the financial markets with a record loss…

or Log In

Fast News Search
Related News
Erste Group to Sell Ukrainian Subsidiary (October 8, 2012)
Erste Group´s Core Shareholder Sells 14 million Shares+ (October 2, 2012)
Erste Group Expects Higher Equity Quota (September 12, 2012)
Hungary: Erste Group Expands (August 9, 2012)
Read More
Earnings, Erste Group, Banking Industry, Hungary, Romania
ISIN
AT0000652011
Featured
See latest Vindobona Newsletter