Bank für Tirol und Vorarlberg Aktiengesellschaft reported earnings results for the second quarter and six months ended June 30, 2012. For the six months, the company reported net interest income was EUR 83,742,000 against EUR 80,752,000 a year ago. Net commission income was EUR 21,417,000 against EUR 22,042,000 a year ago. Net profit for the period before tax was EUR 38,285,000 against EUR 38,149,000 a year ago. Consolidated profit for the period was EUR 31,744,000 or EUR 1.27 per share against EUR 31,589,000 or EUR 1.27 per share a year ago. Negative operating cash flow was EUR ­19,567,000 against EUR ­53,721,000 a year ago. ROE before tax was 9.80% against 11.20% a year ago. ROE after tax was 8.13% against 9.27% a year ago.

For the quarter, the company reported net interest income of EUR 45,446,000 against EUR 43,553,000 a year ago. Net commission income was EUR 10,258,000 against EUR 10,556,000 a year ago. Net profit for the period before tax was EUR 19,311,000 against EUR 21,640,000 a year ago. Consolidated profit for the period was EUR 16,752,000 against EUR 18,449,000 a year ago.