BinckBank: sharp rise in Q1 earnings
(CercleFinance.com) - BinckBank has reported Q1 2018 net income after tax of 8.
5 million euros, up sharply year-on-year, resulting in adjusted EPS of 0.13 euro vs. 0.02 euro a year ago.
Operating income slipped 1% to 39.6 million euros, with operating costs of 28.2 million euros (-22%), due to lower amortisation of intangible assets, with a more efficient organisation.
A total of 2,681,000 were made at BinckBank, up 29%, with record quarters at Binck Belgium and Binck Italy in terms of transaction numbers and the best quarter in three years for Binck.fr, with 18% growth.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
5 million euros, up sharply year-on-year, resulting in adjusted EPS of 0.13 euro vs. 0.02 euro a year ago.
Operating income slipped 1% to 39.6 million euros, with operating costs of 28.2 million euros (-22%), due to lower amortisation of intangible assets, with a more efficient organisation.
A total of 2,681,000 were made at BinckBank, up 29%, with record quarters at Binck Belgium and Binck Italy in terms of transaction numbers and the best quarter in three years for Binck.fr, with 18% growth.
Copyright (c) 2018 CercleFinance.com. All rights reserved.