mBank results in line with consensus

Commerzbank-held lender mBank recorded a net profit of PLN 315.5 million in the third quarter of 2014 compared to PLN 288.6 million a year earlier. Analysts polled by the Polish Press Agency had expected the result to be PLN 310.5 million. The bank's net interest income in Q3 2014 was PLN 649.9 million, similar to market consensus of PLN 633.9 million. Net fees and commissions stood at PLN 216.2 million compared to an expected PLN 216 million.