Avarda Bank AB Bottom Line Climbs In Q3

India, Oct. 14 -- Avarda Bank AB (AVARDA.ST) reported earnings for its third quarter that Increases, from the same period last year

The company's earnings came in at SEK227.12 million, or SEK3.51 per share. This compares with SEK174.47 million, or SEK2.70 per share, last year.

Excluding items, Avarda Bank AB reported adjusted earnings of SEK227.12 million or SEK3.51 per share for the period.

The company's revenue for the period rose 29.2% to SEK965.80 million from SEK747.53 million last year.

Avarda Bank AB earnings at a glance (GAAP) :

-Earnings: SEK227.12 Mln. vs. SEK174.47 Mln. last year.-EPS: SEK3.51 vs. SEK2.70 last year.-Revenue: SEK965.80 Mln vs. SEK747.53 Mln last year.

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