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BRIEF-Banque Cantonale du Valais FY net profit up 1.3 pct at CHF 57.5 million
March 8, 2017 / 6:10 AM / 7 months ago

BRIEF-Banque Cantonale du Valais FY net profit up 1.3 pct at CHF 57.5 million

March 8 (Reuters) - Banque Cantonale du Valais:

* FY net profit increased by 1.3 pct to 57.5 million Swiss francs ($56.72 million)

* Dividend 3.0 francs per share

* Tier 1 ratio rose from 16.4 pct (2015) to 16.8 pct (end 2016)

* For the year 2017 expects business results to be at the same level as the previous years, in a still uncertain economic environment

* Is expected to reach an annual result of 2017 which will not be in line with the good result in 2016 Source text for Eikon: Further company coverage: ($1 = 1.0137 Swiss francs) (Gdynia Newsroom)

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