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Bankia Q3 profit up YOY to 229M

Oct 30, 2018 - SNL European Financials Daily

Bankia SA reported third-quarter profit attributable to the group of 229 million, higher than 225 million earned in the same period in 2017.

The Spanish banking group noted that the year-ago figures were unaffected by its legal merger with Banco Mare Nostrum SA, which only took effect toward the end of December 2017.

Net interest income for the quarter amounted to 495 million, up from the year-ago 472 million. Total net fees and commissions also increased year over year, to 265

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