Archive 2006 Press-/Ad-hoc Publications
DEPFA BANK raises dividend from € 0.25 to € 0.40 (+60%)
Ad hoc statement according to §15 German securities law
Dublin/Frankfurt, 30 October 2006.
DEPFA BANK plc today released its third quarter 2006 results. The net profit for the period amounted to € 110 m. This result is below the very good first two quarters of 2006 mainly because of further reduced contributions from the segments Global Markets and Corporate Centre. DEPFA is still on track to achieve its full year Return on Equity target of 20-25% after taxes. Current conditions however support an estimated RoE at the lower end of this range. DEPFA BANK plc is planning a substantial increase in dividends from 25 cents per share to 40 cents per share (+60%). Net interest income remained flat year-on-year at € 101 m, net fee and commission income increased by € 2 m to € 7 m. The trading result of € 9 m was down 64% y-o-y, mainly due to negative valuation effects from hedge accounting under IAS 39. Income from sale of assets fell by 25% to € 70 m and total revenues fell 16% overall to € 187 m. Total expenditure was flat at € 53 m. The cost income ratio for the third quarter was 28%. Income before taxes amounted to € 134 m.
Group figures Q3 2006 (IFRS)
|
Q3 2006 |
Q3 2005 |
Change | |
|
Net interest income |
101 |
100 |
1.0% |
|
Net fee and commission income |
7 |
5 |
40.0% |
|
Net trading income |
9 |
25 |
-64.0% |
|
Gains less losses from financial assets |
70 |
93 |
-24.7% |
|
Total operating income |
187 |
223 |
-16.1% |
|
Operating expenses |
-53 |
-53 |
- |
|
Profit before taxes |
134 |
170 |
-21.2% |
|
Profit after taxes |
110 |
132 |
-16.7% |
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%
