Dublin/Frankfurt, 3 November 2004.
The net profit of € 129 million even exceeded the outstanding second quarter result, to set yet another record. The net profit of € 382 million after the first nine months 2004 is already exceeding the full-year result for 2003. DEPFA is therefore clearly on course to achieve its net profit projections of more than € 450 million for the full-year 2004. Revenues exceeded the comparable period of the previous year by 15%, to reach € 200 million in the third quarter 2004. Extended net interest income was up 18% to € 110 million. The cost/income ratio was 21%, the RoE after tax 31%.
Group Figures (Q3 2004)
|
|
Q3 2004 |
Q3 2003 |
Change |
|
Extended net interest income |
110 |
93 |
18.3 |
|
Net commission income |
14 |
30 |
-53.3 |
|
Trading result |
3 |
16 |
-81.3 |
|
Income from sale of assets |
73 |
35 |
108.6 |
|
Total revenues |
200 |
174 |
14.9 |
|
Administrative expenditure |
-41 |
-28 |
46.4 |
|
Income before income taxes |
154 |
118 |
30.5 |
|
Group net income |
129 |
93 |
38.7 |
|
Cost/income ratio |
20.5% |
16.1% |
|
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 -