OP Corporate Bank plc's Interim Report 1 January–31 March 2024 [Yahoo! Finance]
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Source: Yahoo! Finance
OP Corporate Bank plc's Interim Report 1 January–31 March 2024 OP Corporate Bank plc's operating profit rose to EUR 112 million (81). Net interest income grew by 23% to EUR 157 million (127). Investment income fell by 72% to EUR 9 million (31). Net commissions and fees increased to EUR 19 million (17). Impairment loss on receivables totalled EUR 12 million (11). Total operating expenses decreased by 24% to EUR 71 million (94). The cost/income ratio improved to 36% (50). In the year to March, the loan portfolio grew by 2.0% to EUR 27.8 billion (27.3) and the deposit portfolio by 7.1% to EUR 13.3 billion (12.4). The Corporate Banking and Capital Markets segment's operating profit increased to EUR 80 million (33). Net interest income grew by 38% to EUR 97 million (70). Investment income fell by 45% to EUR 10 million (18). Operating expenses decreased by 32% to EUR 30 million (44). Impairment loss on receivables reversed amounted to EUR 1 million. A year ago, impairment loss
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