Credit: REUTERS/LEONHARD FOEGERVIENNA, Oct 30 (Reuters) - Austrian lender Erste Group ERST.VI on Wednesday reported a 8% rise in its third-quarter net profit, beating expectations, thanks to growing income in its eastern European core markets.
Net profit reached 491.1 million euros ($545.8 million) in the three months through September, the bank said.
Analysts had expected net profit of 480 million euros, according to a poll of 15 analysts by Erste Group, which was published on its website.
Erste confirmed its full-year target of a return on tangible equity (ROTE) of more than 11%.
($1 = 0.8998 euros)
(Reporting by Kirsti Knolle, editing by Riham Alkousaa)
((kirsti.knolle@thomsonreuters.com; +43 1 53 11 22 55;))
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