Bank fuer Tirol und Vorarlberg reported earnings results for the year 2016. For the year, the company reported that 3-bank group suffered a 57.4% year on year decline in 2016 pre-tax profit to EUR 73.5 million (USD 78.4 million) as in 2015 the lender benefitted from positive one-offs. Another factor that led the year on year decline in earnings was the decision to book the one-off stability payment of EUR 13.9 million as a one-off rather than spread it over a number of years. Net interest income fell to EUR 144.8 million from EUR 161.7 million.