Bankia earns 23% less after leaving the U.S. and applying the clauses of the soil – Investing.com Spain

Investing.com – Bankia (MC:) won 804 million euros in 2016, 22.7% less than the previous year.

Part of the drop was due to the impact of your departure from the U.S. after the sale of the City National Bank of Florida.

If one excludes the contribution of this entity in 2015, the benefit of Bankia would have been reduced by 8.4% in 2016.

The result is also affected by the setting of interest rates negative and the credit-related clauses soil.

The interest margin was reduced by 21.6%, up to 2.148 billion euros.

at The close of the year, the rate of delinquency on its loans was 9.8%, one point less than at the end of 2015.

After presenting the results, the entity is listed against the current , with a rise of more than 1%, the greater the selective.

legal Notice: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn’t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.