Hitt og þetta 25. júlí 2006

(IFN) Landsbanki predicts Kaupthing Bank?s 2Q profit down 34%

(IFN) Analysts at Landsbanki have predicted that Kaupthing bank will post a -34% drop in 2Q net profits on Wednesday.

Landsbanki predicts an ISK9.1 billion profit (EUR99 million), down from ISK13.7 billion (EUR150 million), as a result of equity losses in Iceland and abroad.

Net interest income is predicted to increase from ISK6.6 billion to ISK15.8 billion, as a result of inflation increase, according to Landsbanki.


Icelandic Financial News (IFN) is available on Factiva, a joint venture between Reuters and Dow Jones Newswires, FT.COM, LexisNexis, Comtex, Gale and Thomson via the Nordic Business Report.