Archive 2005 Press-/Ad-hoc Publications
Another record year for DEPFA BANK
Ad hoc statement according to §15 German securities law
Dublin/Frankfurt am Main. 15 Februar 2005
- Net operating profit reaches € 490 million (+32%)
- Additional € 50 million net gains from reserves in preparation for sale of the Pfandbriefbank
- Earnings per share: € 1.58, net ROE at 33%
- Dividend raised from 12 to 17 cents per share
DEPFA BANK plc released its preliminary Group figures for 2004 today. The Group net operating profit amounted to € 490 million, an increase of 32%, which means that DEPFA has once again comfortably beat its profit target of € 450 million, which had already been revised significantly upwards. A further € 50 million (net) arose from realising reserves in the loan portfolio of DEPFA Deutsche Pfandbriefbank AG. This took the Group's overall net income for 2004 up to € 540 million. This preparatory step in the disposal process is designed to reduce the potential nominal purchase price for any buyer. For 2005 DEPFA BANK is targeting an operating net income result comparable with the exceptionally good level of 2004.
Preliminary figures for the year ending 31 December 2004
|
|
31.12.2004 |
31.12.2003 |
Change |
|
Extended net interest income |
427 |
370 |
15.4 |
|
Net commission income |
66 |
89 |
-25.8 |
|
Trading result |
-9 |
74 |
|
|
Income from sale of assets |
357 |
104 |
243.3 |
|
Total revenues |
841 |
637 |
32.0 |
|
Administrative expenditure |
-162 |
-115 |
40.9 |
|
Income before taxes |
661 |
480 |
37.7 |
|
Group net income |
540 |
370 |
45.9 |
|
Cost/income ratio |
19.3% |
18.1% |
|
For further information please click on our Press and Investor Relations Release as of 15 February 2005.
Contact:
Hanno Strube
Marc Towner
02.11.2005
Press Release
DEPFA BANK´s net profit in Q3 set to fulfil full year 2005 target
02.11.2005
Ad hoc statement according to §15 German securities law
DEPFA BANK´s net profit in Q3 set to fulfil full year 2005 target
21.09.2005
Press Release
DEPFA BANK appoints Matthias Mosler as member of the Executive Committee
02.09.2005
Press Release
Jürgen Karcher leaving Pfandbriefbank on 31 December 2005
03.08.2005
Ad hoc statement according to §15 German securities law
DEPFA BANK clearly on track to reach its full year target
03.08.2005
Press Release
DEPFA BANK clearly on track to reach its full year target
09.05.2005
Press Release
DEPFA BANK gets off to a good start in 2005 - Net profit of € 120 million, return on equity of 25% -
09.05.2005
Ad hoc statement according to §15 German securities law
DEPFA BANK gets off to a good start in 2005
18.04.2005
Press Release
DEPFA BANK halts sale of Deutsche Pfandbriefbank AG
18.04.2005
Ad hoc statement according to §15 German securities law
DEPFA BANK halts sale of Deutsche Pfandbriefbank AG
15.02.2005
Press Release
Another record year for DEPFA BANK
15.02.2005
Ad hoc statement according to §15 German securities law
Another record year for DEPFA BANK
17.01.2005
Press Release
DEPFA BANK appoints new member of the Executive Committee
13.01.2005
Press Release
DEPFA appoints CEO for Financial Guaranty Business
