Archive 2003 Press-/Ad-hoc Publications
Surge in earnings at DEPFA BANK exceeds 2002 targets
Dublin/ Frankfurt, 26 March 2003.
According to unaudited figures, DEPFA exceeded its own ambitious targets for the year 2002 with net profit of EUR 236 million and a return on equity of 22%. The first quarter of 2003 again looks like producing a record earnings result allowing DEPFA BANK to reaffirm its profit forecast for the current financial year of at least EUR 250 million (after taxes), corresponding to a return on equity of around 20 %. Administrative expenditure grew by EUR 1 m, to EUR 97 m, in 2002. Plans to charge EUR 21 million for performance-based remuneration (in the form of shares granted to employees) to personnel expenditure were not permissible under US GAAP accounting rules
Preliminary group figures as of 31. 12. 2002
|
|
31.12.2002 |
31.12.2001 |
Change |
|
Extended net interest income |
298 |
259 |
15.0 |
|
Commission income |
32 |
3 |
|
|
Trading result |
-21 |
41 |
|
|
Total earnings |
408 |
330 |
23.6 |
|
Administrative expenditure |
97 |
96 |
1.0 |
|
Other income and expenditure |
-4 |
31 |
|
|
Group retained income before |
307 |
253 |
21.3 |
|
Group retained income from |
236 |
137 |
72.4 |
|
Cost/income ratio |
23.9% |
29.1% |
|
Contact:
Hanno Strube
Marc Towner
Henrik Hannemann
30.12.2003
Press Release
DEPFA BANK plans € 20 bn of new long-term issuance in 2004
06.11.2003
Press Release
DEPFA Holding has placed 40.8% stake in DEPFA BANK plc
with institutional investors at € 90.00
04.11.2003
Ad hoc statement according to §15 German securities law
DEPFA BANK raises profit target once more
04.11.2003
Press Release
DEPFA Holding offers 40.8% stake in DEPFA BANK plc to institutional investors in the capital markets
04.11.2003
Press Release
DEPFA BANK raises its profit target for 2003 once more
- Net profit of € 350 m expected for the full-year
05.08.2003
Ad hoc statement according to §15 German securities law
DEPFA BANK on track for top result in 2003
05.08.2003
Press Release
DEPFA BANK on track for outstanding result in 2003
Profit guidance for 2003 raised from € 250 million to € 300 million
13.05.2003
Press Release
DEPFA BANK expects 2003 profit to exceed previous forecasts
Excellent first quarter: net profit up by 43% to € 83 million
13.05.2003
Press Release
DEPFA BANK s’attend à voir son résultat 2003 dépasser ses prévisions antérieures.
Excellent 1ier trimestre: benefice net en hausse de 43% à 83 million d’euros (in French)
13.05.2003
Ad hoc statement according to §15 German securities law
DEPFA BANK expects 2003 profit to exceed previous forecasts
26.03.2003
Ad hoc statement according to §15 German securities law
Surge in earnings at DEPFA BANK exceeds 2002 targets
26.03.2003
Press Release
Surge in earnings at DEPFA BANK exceeds 2002 targets
Net profit up by 72% to € 236 million
26.03.2003
Press Release
Le bond des résultats de DEPFA BANK dépasse les objectifs 2002
Résultat net en hausse de 72% à 236 millions d’euros (in French)
27.02.2003
Press Release
DEPFA launches first Irish Asset Covered Securities (ACS)
20.02.2003
Press Release
DEPFA obtains AAA rating for Irish Asset Covered Securities (ACS)
