Archive 2004 Press-/Ad-hoc Publications
Record profits for DEPFA BANK in 2003
Announcement in accordance with §15 Wertpapierhandelsgesetz
Dublin/Frankfurt, 16 February 2004
The public finance specialist reported group net income of € 370 million (up 57%), exceeding its profit guidance which it had already raised twice during the course of the year. This corresponds to a return on equity of 29%. For the current business year, DEPFA envisages net profit of more than € 400 million, and is committed to maintaining a return on equity of around 20% for the coming years, even on the back of its expanding capital base. Total revenues exceeded the comparable period of the previous year by 56%, to reach € 637 million in 2003. Extended net interest income was up 30% to € 370 million. The cost/income ratio was 18%.
Preliminary Group Figures (31 December 2003)
|
|
31 Dec 2003 |
31 Dec 2002 |
Change |
|
Extended net interest income |
370 |
285 |
29.8 |
|
Net commission income |
89 |
32 |
178.1 |
|
Trading result |
74 |
-8 |
|
|
Income from sale of assets |
104 |
99 |
5.1 |
|
Total revenues |
637 |
408 |
56.1 |
|
Administrative expenditure |
-115 |
-97 |
18.6 |
|
Income before income taxes |
480 |
307 |
56.4 |
|
Group net income |
370 |
236 |
56.8 |
|
Cost/income ratio |
18.0% |
23.8% |
|
Contact:
Hanno Strube
Marc Towner
Henrik Hannemann
12.11.2004
Press Release
DEPFA BANK closes first PFI collateralised loan obligation
03.11.2004
Ad hoc statement according to §15 German securities law
DEPFA BANK with yet another record quarterly result
03.11.2004
Press Release
DEPFA BANK with yet another record quarterly result
- 9 months net profit already exceeds full year result 2003
19.10.2004
Press Release
DEPFA BANK Advises Polish City of Czestochowa in First Rating
13.08.2004
Press Release
Management Appointment at DEPFA BANK
03.08.2004
Ad hoc statement according to §15 German securities law
DEPFA BANK with a new record quarterly result
03.08.2004
Press Release
DEPFA BANK continues 3-year strong profit growth, presenting yet another strong record quarterly result
- € 128 million in net profit in Q2, € 21 billion in new business generated
05.05.2004
Ad hoc statement according to §15 German securities law
DEPFA BANK´s profits up 51% in the first quarter
05.05.2004
Press Release
DEPFA BANK’s profits up 51% in the first quarter -
All geographical areas and products contributed to a strong profit growth
01.03.2004
Ad hoc statement according to §15 German securities law
DEPFA BANK plc will sell its German subsidiary Deutsche Pfandbriefbank AG to support further international expansion
01.03.2004
Press Release
DEPFA BANK plc will sell its German subsidiary Deutsche Pfandbriefbank AG to support further international expansion
16.02.2004
Ad hoc statement according to §15 German securities law
Record profits for DEPFA BANK in 2003
16.02.2004
Press Release
Record profits for DEPFA BANK in 2003
- DEPFA confirms guidance for double-digit growth -
