Archive 2006 Press-/Ad-hoc Publications
DEPFA BANK with strong growth in high quality earnings
Ad hoc statement according to §15 German securities law
Dublin/Frankfurt, 31 July 2006.
DEPFA BANK plc today released its second quarter 2006 results. With a net profit of € 140 m it is the best quarterly result ever. The client segments combining Budget Finance, Infrastructure Finance and Client Product Services made up 84% of pre-tax profit in the second quarter versus 77% in the first quarter. Net interest income showed a healthy improvement to € 110 m, which confirmed the upwards trend of the year. Net fee and commission income more than doubled to € 12 m (from € 5 m). The trading result reached € 41 m and gains from sale of financial assets totalled € 67 m. Total expenditure showed a headline figure of € 56 m which represents a slight fall of € 2 m against the first quarter 2006. The RoE of 23% is well within the profit target for the full year, the cost/income ratio stood stable at 24%.
Group figures Q2 2006 (IFRS)
|
Q2 2006 |
Q2 2005 |
Change | |
|
Net interest income |
110 |
96 |
14.6% |
|
Net fee and commission income |
12 |
5 |
140.0% |
|
Net trading income |
41 |
-181 |
|
|
Gains less losses from financial assets |
67 |
292 |
-77.1% |
|
Other operating income |
- |
4 |
|
|
Total operating income |
230 |
216 |
6.5% |
|
Operating expenses |
-56 |
-52 |
7.7% |
|
Profit before taxes |
174 |
164 |
6.1% |
|
Profit after taxes |
140 |
126 |
11.1% |
Contact:
Hanno Strube
Henrik Hannemann
06.12.2006
Press Release
DEPFA BANK appoints Angus Cameron as CFO
01.11.2006
Press Release
DEPFA BANK appoints Dr Wolfgang Roth and Dr Ian Goldin as members of its International Advisory Council
30.10.2006
Ad hoc statement according to §15 German securities law
DEPFA BANK raises dividend from € 0.25 to € 0.40 (+60%)
30.10.2006
Press Release
DEPFA BANK raises dividend from € 0.25 to € 0.40 (+60%) - Net profit of € 110 m in the third quarter -
31.07.2006
Press Release
DEPFA BANK with strong growth in high quality earnings - Second quarter net profit reaches € 140 m (+11%)
31.07.2006
Ad hoc statement according to §15 German securities law
DEPFA BANK with strong growth in high quality earnings
12.07.2006
Press Release
DEPFA closes second EPIC CLO
01.06.2006
Press Release
DEPFA BANK´s senior unsecured ratings on AA- / Aa3 / AA- stable at all rating agencies
28.04.2006
Press Release
DEPFA BANK with record quarterly result, strong revenue growth - Net profit of € 134 m in Q1 2006; RoE of 23% after tax
28.04.2006
Ad hoc statement according to §15 German securities law
DEPFA BANK with record quarterly result, strong revenue growth
27.04.2006
Press Release
DEPFA BANK appoints Paul Leatherdale as Member of the Executive Committee
14.02.2006
Press Release
DEPFA BANK raises dividend by 47% - Net profit of € 475 m in 2005, important changes in Management -
14.02.2006
Ad hoc statement according to §15 German securities law
DEPFA BANK raises dividend by 47%
