Liberbank SA's second-quarter attributable net income decreased on a yearly basis to €52 million from €55 million.
Net interest income was flat year over year at €116 million, while net fees fell to €45 million from €48 million. Gains on financial assets and others came in at €12 million, up from €3 million a year ago.
The Spanish lender booked provisions of €7 million in the quarter, compared with the year-ago €9 million. Impairment on financial assets widened to €16 million from €14 million a year earlier. The bank's administrative expenses totaled €85 million, a decrease from €93 million incurred in the year-ago period.
For the first half, the bank's attributable net income amounted to €73 million, down 14% year over year from €84 million. It booked €26 million of other expenses in the half, compared with the year-ago €9 million.
Liberbank said its nonperforming loan ratio was 4.1%, while its nonperforming asset ratio fell to 10.46%.
The bank's fully loaded common equity Tier 1 ratio also improved by 35 basis points to 12.80% at June-end from March-end. On a phased-in basis, the bank's CET1 ratio was 14.3% as on June 30.