Increasing Profits for BKS

Professional ServicesBanks ♦ Published: March 4, 2011; 00:24 ♦ (Vindobona)

The Carinthian/Styrian regional bank could increase net earnings after taxes by 14.8%.

Increasing Profits for BKS / Picture: © BKS 3 Banken Gruppe

BKS could earn significantly more than in 2009. In the last year, the regional bank raised its profits after taxes by 14.8% up to € 46.4m.

Operating profits grew by 15.2% up to € 53.6m. Total assets were declining slightly - from € 6.3bn to € 6.2bn. Expected dividends - according to the board of BKS - will amount to € 0.25 per share. Risk provisions were up…