EFG Eurobank reports Q1 profit, books Polbank gain
ATHENS |
ATHENS May 25 (Reuters) - EFG Eurobank (EFGr.AT), Greece's second-largest lender, on Wednesday reported a profit of 74 million euros ($104 million) in the first quarter, booking gains from the sale of Polish unit Polbank to Raiffeisen Bank.
Results were above market expectations. Analysts polled by Reuters were forecasting a loss of 5.3 million euros on average. Estimates ranged from a loss of 31 million to a profit of 5.0 million euros. (Reporting by George Georgiopoulos and Lefteris Papadimas;)
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