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BinckBank N.V. :trading update third quarter 2016

October 24, 2016 1:50 AM EDT
  • Adjusted net earnings per share in 16Q3 at € 0.11 unchanged versus 16Q2
  • Net interest income in 16Q3 rose by 18% driven by investments in Dutch residential mortgages (16Q3€ 404.9 million)
  • 2016 Share buyback program (€ 25 million) completed in 16Q3
    • Investing: Introduction of new discretionary asset management service Investing for You in Belgium in 16Q4
    • Saving: Partnership with SafeNed in preparation of the introduction of the savings broker product in The Netherlands. Pilot with selected Dutch clients to commence in 16Q4
  • It has been decided on 15 October 2016 to abolish the Belgium speculation tax



This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: BinckBank N.V. via Globenewswire



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