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RBI: Rise in Earnings Predicted
The Austrian Raiffeisen Bank International will report its first quarter results on May 24. A 94% increase in earnings is expected.
RBI: Rise in Earnings Predicted / Picture: © Raiffeisen Bank International AG / S. Klimpt
Berenberg Bank analysts forecast earnings of € 524m (+94% yoy) and n RoTE of 30.6% (adjusted for participation capital and coupon). These earnings include a € 113m post-tax gain on buying back own securities, and a € 120m post-tax gain from securities in the financial investments portfolio.
The core Tier1, ex-participation capital, is forecast to increase significantly from…
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