{"id":19610,"date":"2022-05-17T15:15:04","date_gmt":"2022-05-17T15:15:04","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/all-news\/portugal-millennium-bcp-shares-jump-9-after-bank-announce-near-doubling-of-q1-profit"},"modified":"2022-05-17T15:18:47","modified_gmt":"2022-05-17T15:18:47","slug":"portugal-millennium-bcp-shares-jump-9-after-bank-announce-near-doubling-of-q1-profit","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/portugal-millennium-bcp-shares-jump-9-after-bank-announce-near-doubling-of-q1-profit","title":{"rendered":"Portugal: Millennium BCP shares jump 9% after bank announce near doubling of Q1 profit"},"content":{"rendered":"

Africa-Press – Mozambique. <\/strong><\/span>Shares in BCP were up by more than 9% to \u20ac0.17 on Tuesday morning, leading the gainers on the Lisbon stock exchange, after the bank announced a 95% increase in its first-quarter profit.<\/p>\n

At 9.45 a.m., BCP were trading at \u20ac0.17, with more than 111.3 million shares having changed hands.<\/p>\n

In a statement sent to Portugal\u2019s Securities Markets Commission (CMVM) on Monday, after the market closed, BCP announced that it had made a net profit of \u20ac112.9 million in the first quarter, up 95.2% on the same period last year.<\/p>\n

According to the bank, profits were negatively influenced by charges for loans in Swiss francs from its operation in Poland (Bank Millennium) and without these costs net profit for the period would have been \u20ac174.6 million.<\/p>\n

From its operations in Portugal, BCP generated a profit of \u20ac107.6 million, up 29% from the first quarter of 2021.<\/p>\n

The operation in Poland made a net loss of \u20ac26.4 million (against a \u20ac67.2-million loss in the first quarter of 2021) while in Mozambique BCP had a profit of \u20ac24.3 million (up from \u20ac17.9 million a year earlier). The other international operations brought a profit of \u20ac900,000 (against losses of \u20ac4.5 million in the first quarter of last year).<\/p>\n

In consolidated terms, net interest income in the first quarter was up 24.1% at \u20ac465.1 million, while commissions rose 12.7% to \u20ac192.8 million.<\/p>\n

For More News And Analysis About Mozambique<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Mozambique. Shares in BCP were up by more than 9% to \u20ac0.17 on Tuesday morning, leading the gainers on the Lisbon stock exchange, after the bank announced a 95% increase in its first-quarter profit. At 9.45 a.m., BCP were trading at \u20ac0.17, with more than 111.3 million shares having changed hands. In a […]<\/p>\n","protected":false},"author":84,"featured_media":19609,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[233,281,283],"class_list":["post-19610","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-mozambique","tag-mozambique"],"yoast_head":"\nPortugal: Millennium BCP shares jump 9% after bank announce near doubling of Q1 profit - Mozambique<\/title>\n<meta name=\"description\" content=\"Shares in BCP were up by more than 9% to \u20ac0.17 on Tuesday morning, leading the gainers on the Lisbon stock exchange, aft ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/portugal-millennium-bcp-shares-jump-9-after-bank-announce-near-doubling-of-q1-profit\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Portugal: Millennium BCP shares jump 9% after bank announce near doubling of Q1 profit\" \/>\n<meta property=\"og:description\" content=\"Shares in BCP were up by more than 9% to \u20ac0.17 on Tuesday morning, leading the gainers on the Lisbon stock exchange, aft ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/portugal-millennium-bcp-shares-jump-9-after-bank-announce-near-doubling-of-q1-profit\" \/>\n<meta property=\"og:site_name\" content=\"Mozambique\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-05-17T15:15:04+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-05-17T15:18:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/05\/img-6283bcba41d2f.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1270\" \/>\n\t<meta property=\"og:image:height\" content=\"847\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/portugal-millennium-bcp-shares-jump-9-after-bank-announce-near-doubling-of-q1-profit#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/portugal-millennium-bcp-shares-jump-9-after-bank-announce-near-doubling-of-q1-profit\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Portugal: Millennium BCP shares jump 9% after bank announce near doubling of Q1 profit\",\"datePublished\":\"2022-05-17T15:15:04+00:00\",\"dateModified\":\"2022-05-17T15:18:47+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/portugal-millennium-bcp-shares-jump-9-after-bank-announce-near-doubling-of-q1-profit\"},\"wordCount\":233,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/portugal-millennium-bcp-shares-jump-9-after-bank-announce-near-doubling-of-q1-profit#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/05\/img-6283bcba41d2f.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Mozambique\",\"Mozambique\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/all-news\/portugal-millennium-bcp-shares-jump-9-after-bank-announce-near-doubling-of-q1-profit#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/portugal-millennium-bcp-shares-jump-9-after-bank-announce-near-doubling-of-q1-profit\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/portugal-millennium-bcp-shares-jump-9-after-bank-announce-near-doubling-of-q1-profit\",\"name\":\"Portugal: Millennium BCP shares jump 9% after bank announce near doubling of Q1 profit - 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