mBank net profit at PLN 307.8 mln

Polish commercial lender mBank reported a consolidated net profit of PLN 307.8 million in Q1, compared with PLN 451 million in Q1 2015, the bank informed in a report. The bank's assets stood at PLN 123.27 billion at the end of Q1 2016, versus PLN 123.29 billion in the previous year. The lender's net interest income stood at PLN 676.4 million in Q1 2016 versus PLN 587.4 million in Q1 2015. Net fees and commission came in at PLN 211.7 million, compared with PLN 193.9 million in the previous year.