RBI Profit Falls to 209 Million Euros in the First Quarter
5 Articles
5 Articles
Operating profit rose 12 percent year-on-year to EUR 760 million without Russia's business.
Audi reports its fourth consecutive quarterly profit decline: from €2.9 billion in 2022, quarterly profit this year has plummeted to just €559 million. Chief Financial Officer Rittersberger intends to explore further cost-cutting measures.
Raiffeisen Bank International (RBI) generated consolidated net income of EUR 209 million in the first quarter of 2026 (excluding Russia). In the same quarter of the previous year, the figure was EUR 260 million. The decline was explained by the bank with higher bank charges (EUR 177 million) and increased risk provisions due to the macroeconomic impact of the Iran conflict. The risk costs in the core group amounted to EUR 103 million, which was …
The group's net commissions rose 4% to €78.6 million.
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