ING Bank Slaski S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 02, 2023 at 02:05 am EDT
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ING Bank Slaski S.A. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net interest income was PLN 2,089.9 million compared to PLN 173.3 million a year ago. Net income was PLN 1,162 million compared to net loss of PLN 317.3 million a year ago. Basic earnings per share from continuing operations was PLN 8.93 compared to basic loss per share from continuing operations of PLN 2.44 a year ago.
For the nine months, net interest income was PLN 6,004.3 million compared to PLN 3,804.4 million a year ago. Net income was PLN 3,170.1 million compared to PLN 1,048.5 million a year ago. Basic earnings per share from continuing operations was PLN 24.36 compared to PLN 8.06 a year ago.
ING Bank Slaski SA is a Poland-based commercial Bank. The Bank divides its business into two segments: Retail Banking segment and Corporate Banking segment. Its offer includes currents accounts, savings, credits and loans credit and paying cards, insurances, electronic banking, broker activities and fund management and other activities connected with finance, insurance and pension funds. As of December 31, 2012, the Bankâs subsidiaries and affiliated entities were ING Securities SA, Centrum Banku Slaskiego Sp. z o.o., ING ABL Polska SA, ING Uslugi dla Biznesu SA, Solver Sp. z o.o. and ING Powszechte Towarzystwo Emerytalne SA. The Bankâs major shareholder was ING Bank NV, with a 75% stake of its capital.
ING BANK SLASKI S.A. 
