Bank Zachodni WBK S.A., together with its subsidiaries, provides various banking products and services. The company’s Retail Banking segment provides savings products, consumer and mortgage loans, credit and debit cards, insurance and investment products, clearing services, foreign payments, Western Union, and private-banking services, as well as GSM phones top-ups for personal customers. This segment also offers lending, deposits, cash management services, leasing, factoring, letters of credit, guarantees, and others for small and medium companies; asset management services; and insourcing services to retail customers. Its Business & Corporate Banking segment offers deposits, lending, cash ...
Founded in 1989
Bank Zachodni WBK S.A. Presents at Wood & Co Emerging European Financials Conference, Jun-07-2017
Jun 6 17
Bank Zachodni WBK S.A. Presents at Wood & Co Emerging European Financials Conference, Jun-07-2017 . Venue: Novotel Centrum Hotel, Marszalkowska 94/98 Street, Warsaw, Poland.
Bank Zachodni WBK S.A. Reports Consolidated and Company Earnings Results for the First Quarter Ended March 31, 2017
Apr 26 17
Bank Zachodni WBK S.A. reported consolidated and company earnings results for the first quarter ended March 31, 2017. For the quarter, on consolidated basis, net interest income was PLN 1,253,996,000 against PLN 1,124,666,000 a year ago. Operating profit was PLN 837,182,000 against PLN 829,166,000 a year ago. Profit before tax was PLN 740,028,000 against PLN 769,225,000 a year ago. Net profit for the period attributable to owners of BZ WBK S.A. was PLN 453,044,000 against PLN 556,473,000 a year ago. Net earnings per diluted share were PLN 4.56 against PLN 5.61 a year ago. Net book value per share was PLN 218.59 compared to PLN 214.58 a year ago. Net cash flow used in operating activities was PLN 5,551,514,000 against PLN 5,770,313,000 a year ago. Purchase of intangible assets and property, plant and equipment was PLN 25,137,000 against PLN 17,350,000 a year ago.
For the quarter, on company basis, net interest income was PLN 902,101,000 against PLN 822,361,000 a year ago. Operating profit was PLN 608,798,000 against PLN 619,450,000 a year ago. Profit before tax was PLN 511,796,000 against PLN 557,457,000 a year ago. Profit for the period was PLN 353,952,000 against PLN 458,258,000 a year ago. Net earnings per diluted share were PLN 3.57 against PLN 4.62a year ago. Net book value per share was PLN 196.48 compared to PLN 194.36 a year ago. Net cash flow used in operating activities was PLN 5,037,281,000 against PLN 5,760,751,000 a year ago. Purchase of intangible assets and property, plant and equipment was PLN 12,856,000 against PLN 10,571,000 a year ago.