The Bank of Åland Plc
Stock exchange release
April 7, 2020, 2.45 p.m.
The Bank of Åland’s preliminary net operating profit for Q1 and revision of the earnings forecast for 2020 in light of the market situation
On February 7, 2020, when the Bank of Åland (Ålandsbanken) published its Year-end Report for 2019, the Bank issued its future outlook for 2020. At that time, expectations were that in 2020 the Bank of Åland would report a better net operating profit than in 2019, that is, better than EUR 33.2 million.