Šiaulių Bankas Group earned EUR 17.6mn of unaudited net profit in Q3

Šiaulių Bankas Group earned EUR 47.1 million of unaudited net profit during the first three quarters of this year (7% more than a year ago when the profit amounted to EUR 44.2 million). Profit for Q3 was EUR 17.6 million and increased by 8% compared to last year (EUR 16.3 million), Šiaulių Bankas said in a press release.

In the first nine months of this year, operating revenue increased compared to the corresponding period of 2021 – net interest income grew by 28% and reached EUR 75.1 million and net fee and commission income grew by 10% and amounted to EUR 14.0 million.