Bankia bounces more than 4% after presenting their results – Yahoo Finance Spain

Bankia bounces more than 4% after presenting their results – Yahoo Finance Spain

MADRID, 2 (IRIN)

Bankia shares rose more than 4% and led gains in the Ibex 35 in the first stages of the session after presenting this weekend the results of 2014 with a net profit of 747 million euros, up 83%, after provisioning 312 million to meet the cost of any civil claims by retail investors IPO.

In particular, the securities of the entity an increase of 4.39% to 9.18 hours were recorded and were traded at a price of 1,355 euros per share.

Meanwhile, BFA, Bankia matrix group has achieved a net profit of 418 million euros last year. Keep in mind that the parent has ceased to be a bank since last January.

The set of BFA-Bankia group has charged against 2014 accounts an extraordinary provision of 780 million euros, which have affected 312 million accounts Bankia.

Without the extraordinary provision, Bankia have obtained an attributable profit of 966 million euros, according to calculations by the entity, which would have exceeded expectations market. For its part, the BFA group had achieved a net profit of 1,104 million.

The company has been worth the result of last year allows you to pay a dividend of 202 million, of which 126 million will be charged by BFA, 100% controlled by the State, based on their actual participation in Bankia (62.67%)

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