BayernLB posts earnings of EUR 433 million for first nine months of 2019
(WorldNews Africa)

Net interest and net commission income on par with 9M 2018 at approx. EUR 1.5 billion One-off income substantially lower than in the previous year Segments with mixed performance; DKB and real estate business are key earnings drivers Capital base still solid: CET1 ratio of 14.5 percent Good portfolio quality results in low risk provisions; NPL ratio remains very positive at 0.7 percent Cost/income ratio (CIR) still in the target range at 65.3 percent Full-year forecast unchanged: profit before taxes in the mid-triple-digit million range Munich - The BayernLB Group posted profit before taxes of EUR 433 million in the first nine months of 2019 (9M 2018: EUR 716 million). Net interest and net...