BRD - Sound bottom line, loan growth slightly disappoints
BRD reported RON 342 mln net profit in Q2, and a total of RON 756.5 mln in the first half of the year (basically unchanged from 2017 H1). Q-o-q and y-o-y comparison showsa material decline in Q2 (-17.4% and -18.5%, respectively), due to lack of significant risk cost releases in the quarter vs in the comparable periods.
Concorde Securities Ltd. is Hungary’s leading independent company engaged in investment banking activities. It provides its clients with integrated financial services, including securities trading, research, corporate financing advisory, capital market transactions, wealth management and investment advisory. The operational management of the company is the responsibility of the CEO, while the owners/managers (who control one-third of the company through their shares and options) are in charge of its strategic governance. Concorde Securities Ltd. is a member of the Budapest, Frankfurt, Warsaw and Bucharest stock exchanges, as well as of the Hungarian Association of Investment Service Providers.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.