Triodos bank : 2H23 earnings less by higher expenses, final divided higher than expected

>Conclusion: Earnings less by higher expenses, final divided higher than expected - The 2H23 earnings were less than we expected by higher expenses. But the final divided was materially higher than expected. We keep our Neutral recommendation.2H23 earnings less than expected by higher expenses - In 2H23 the net profit of TB was € 42m vs our expected € 55m which is mainly lower by higher-than-expected expenses and marginally lower NII and commission in...