“The consolidated net profit in the first quarter of 2015 stems from a negative contribution of domestic activity of 2.0 million and a positive contribution from international activity EUR 32.8 million, “he said in a statement the bank led by Fernando Ulrich.
The institution stressed that” in the same quarter 2014, the net loss of 104.8 million euros was very penalized for costs and non-recurring losses of 123.3 million euros recorded in domestic activity. “
relates to the losses 101.6 million euros realized on the sale of public debt of medium and long-term Portugal and Italy of 14 million interest costs of contingently convertible subordinated bonds and other negative extraordinary expenses of 7.7 million euros.
Net interest income progressed almost 38% to 154.2 million euros, commissions and other income to rise 3.1% to 73.9 million euros.
Note to the result recorded in the profit balance and losses from financial operations, which amounted to 47.6 million euros, while in the same quarter last year was negative at EUR 91.7 million.
So, the operating income amounted to 280.2 million euros, almost triple compared to the 94.8 million euros earned in the first quarter of 2014.
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