July 26, 2018 / 5:36 AM / in 3 months

Spain's Bankia posts 36 pct rise in Q2 profit

MADRID, July 26 (Reuters) - Spain’s state-owned lender Bankia posted on Thursday a 35.7 percent gain in second-quarter net profit from a year earlier due to lower costs and stronger trading gains.

Net profit for the quarter came in at 285 million euros ($334.25 million), above an average of analysts’ forecasts in a Reuters poll of 230 million euros.

$1 = 0.8527 euros Reporting By Jesús Aguado; Editing by Paul Day

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