By Sabela OjeaSberbank Rossia reported on Thursday a rise in net profit for the third quarter of 2021 and said that it benefited from growth momentum across all of its key business segments. The Russian bank posted a net profit of 348.3 billion Russian rubles ($4.93 billion), rising 28.3% on a year-on-year basis. Net interest income for the quarter increased to RUB469.6 billion, up 14.2% on a year-on-year basis, it added. Sberbank's return on equity reached 26.8%, it said, adding that it expects a full-year return on equity of above 23%. Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix(END) Dow Jones NewswiresOctober 28, 2021 03:44 ET (07:44 GMT)Copyright (c) 2021 Dow Jones & Company, Inc.

Source: Wall Street Journal October 28, 2021 21:47 UTC