October 29, 2018 / 7:38 AM / 19 days ago

Spain's Bankia Q3 net profit up 1.7 pct on commissions

MADRID, Oct 29 (Reuters) - Spain’s state-owned lender Bankia posted on Monday a 1.7 percent increase in third-quarter net profit from a year earlier on higher commissions and trading income despite ongoing pressure on lending.

Net profit for the quarter came in at 229 million euros ($260.9 million), above an average of analysts’ forecasts of 223 million euros.

$1 = 0.8777 euros Reporting By Jesús Aguado; editing by Paul Day

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