Avanza Bank Holding AB Reports Preliminary Consolidated Earnings Results for the Fourth Quarter and Year and Parent Earnings Results for the Year Ended December 31, 2014
For the year, the group's total operating income was SEK 696 million compared to SEK 597 million reported a year ago. Operating profit before credit losses was SEK 296 million compared to SEK 227 million reported a year ago. Operating profit was SEK 296 million compared to SEK 226 million reported a year ago. Net profit was SEK 250 million compared to SEK 193 million reported a year ago. Earnings per share after dilution were SEK 8.56 compared to SEK 6.67 reported a year ago. Cash flow from operating activities was SEK 417 million compared to SEK 204 million reported a year ago.
For the year, the parent company reported operating loss of SEK 6 million compared to SEK 6 million reported a year ago. Profit before tax was SEK 163 million compared to SEK 208 million reported a year ago. Net profit was SEK 162 million compared to SEK 208 million reported a year ago.