BPCE: FY 2017 net income, group share, reaches 3,405 million
(CercleFinance.com) - BPCE's net banking income totalled 23,885 million euros in 2017, up 2.
1% compared to 2016.
The bank benefited from strong growth at its asset management division (+14.5%) and large corporate clients (+7.3%), and the limited decline in revenues of the retail banking and insurance (-1.2%, excluding the provision of home savings plans).
Net income, group share came in at 3,405 million euros, up 0.3% from 2016. After taking into account non-financial and extraordinary items, published net income Group share amounted to 3,024 million euros.
Net banking income in Q4 2017 was 5,985 million euros, up 0.1% y-o-y. Asset management delivered a sound performance (+22.4%).
Net income, group share came in at 775 million euros, up 17.1% y-o-y. After taking into account non-financial and extraordinary items and the cancellation of the restatement of the impact of IFRIC 21, net income, group share totalled 497 million euros.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
1% compared to 2016.
The bank benefited from strong growth at its asset management division (+14.5%) and large corporate clients (+7.3%), and the limited decline in revenues of the retail banking and insurance (-1.2%, excluding the provision of home savings plans).
Net income, group share came in at 3,405 million euros, up 0.3% from 2016. After taking into account non-financial and extraordinary items, published net income Group share amounted to 3,024 million euros.
Net banking income in Q4 2017 was 5,985 million euros, up 0.1% y-o-y. Asset management delivered a sound performance (+22.4%).
Net income, group share came in at 775 million euros, up 17.1% y-o-y. After taking into account non-financial and extraordinary items and the cancellation of the restatement of the impact of IFRIC 21, net income, group share totalled 497 million euros.
Copyright (c) 2018 CercleFinance.com. All rights reserved.