Archive 2003 Press-/Ad-hoc Publications
DEPFA BANK expects 2003 profit to exceed previous forecasts
Dublin/Frankfurt, 13 May 2003
Net profit in the first quarter reached € 83 million, a 43.1% year-on-year increase. This corresponds to a return on equity of 28.7%. DEPFA’s strong earnings performance of 2002 has thus carried on over into the current year and underscores the company’s above average level of profitability. DEPFA BANK is reaffirming its profit forecast for 2003 of € 250 million and even considers a result of € 300 million within reach. Total revenues in the first quarter amounted to € 144 million, a 30.9% year-on-year increase. Net interest income including interest components from derivatives rose by 17.6%, to €80 million. Net commission income of €20 million was well ahead of the € -1 million result in the previous year. The trading result of €26 million includes €16 million from securities trading.
Group figures as of 31. 3. 2003
|
|
31.3.2003 |
31.3.2002 |
Change |
|
Extended net interest income |
80 |
72 |
11.1 |
|
Commission income |
20 |
-1 |
|
|
Trading result |
26 |
-4 |
|
|
Total earnings |
144 |
110 |
30.9 |
|
Administrative expenditure |
-27 |
-20 |
35.0 |
|
Other income and expenditure |
-2 |
1 |
|
|
Group retained income before |
115 |
91 |
26.4 |
|
Group retained income (from |
83 |
58 |
43.1 |
|
Cost/income ratio |
18.8% |
18.2% |
|
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)
