BNK Financial Group Q1 net income down 5.1 pct to 254.6 bln won

SEOUL, BNK Financial Group Inc. on Tuesday reported its first-quarter net income of 254.6 billion won (US$184.3 million), down 5.1 percent from a year earlier. Operating income for the January-March period was 311.5 billion won, down 3 percent from a year ago, the company said in a regulatory filing. Revenue rose 2.4 percent to 2.64 trillion won. The earnings beat market expectations. The average estimate of net profit by analysts stood at 217.2 billion won, according to a survey by Yonhap Infomax, the financial data firm of Yonhap News Agency. Source: Yonhap News Agency