BID - Profit shrinks as provision expense surges - Earnings Flash
  • 2017-02-06T18:51:34
  • Company Research
BID published 2016 results that showed a big provision burden weighed on its bottom line despite strong growth of pre-provision profit. 2016 results were in line with and reached 99% of our PBT forecast, therefore we reiterate a MARKET PERFORM rating for BID.