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BinckBank strong start in Q1 2018

Contributor: Editorial, 23 April 2018

Financial services company BinckBank reported revenue was up in the first quarter of 2018 at €39.6 million from €38.7 million in the same period of 2017.

The company said the number of transactions in the quarter were 27% higher than Q4 2017 and 29% higher than Q1 2017 while collateralised lending increased to over €600 million.

Net result for the period jumped to €8.5 million from €1.3 million a year earlier and doubled from €4.3 million in the previous quarter. Net earnings per share was €0.13 versus €0.02 in Q1 2017.

Related stories:

http://northern-observer.com/binckbank-stable-result-2017

Name: 
BinckBank NV
Turnover: 
€149.0 million
Employees: 
Location: 
Entity type: 
BINCK.AS