Credit Suisse (CS) Reports Q4 Loss of CHF3.28
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Credit Suisse (NYSE: CS) reported Q4 EPS of (CHF3.28), versus CHF0.39 reported last year. Revenue for the quarter came in at CHF4.19 billion, versus CHF6.42 billion reported last year.
In 4Q15, Credit Suisse reported a net loss attributable to shareholders of CHF 5,828 million, compared to net income attributable to shareholders of CHF 691 million in 4Q14. A loss from continuing operations before taxes of CHF 6,441 million in 4Q15 primarily reflected losses in Global Markets, the Strategic Resolution Unit, Corporate Center, Asia Pacific and Investment Banking & Capital Markets. 4Q15 results included a goodwill impairment charge of CHF 3,797 million, of which CHF 2,661 million was recognized in Global Markets.
For earnings history and earnings-related data on Credit Suisse (CS) click here.
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