Archive 2005 Press-/Ad-hoc Publications
DEPFA BANK clearly on track to reach its full year target
Dublin/Frankfurt, 3 August 2005
DEPFA BANK plc released its second quarter results 2005 today. In the second quarter net income totalled € 126 m and means DEPFA reiterates its guidance of a full year profit of approximately € 500 m. The return on equity amounted to 25.2% after taxes. Total revenues in the second quarter rose significantly by 13.2% year-on-year to € 214 m. Total net interest income including interest attributable to trading totalled € 106 m. Net commission income went down by € 8 m to € 12 m. Income from sale of assets registered a very large increase to € 292 m. Of this amount € 96 m came from gains realised from favourable changes in credit spreads as well as from a rebalancing of the portfolio. The remaining € 196 m must from a purely economic standpoint be seen as an offsetting item for the high negative trading result of € 196 m. Personnel and other administrative expenditure rose by 24.4% y-o-y to € 51 m; the cost/income ratio stood at 23.8%. DEPFA BANK reiterates its profit guidance of € 600 m for the year 2006.
Group figures in the second quarter of 2005
|
|
Q2 2005 |
Q2 2004 |
Change |
|
Extended net interest income |
106 |
104 |
1.9% |
|
Net commission income |
12 |
20 |
-40.0% |
|
Trading result |
-196 |
57 |
|
|
Income from sale of assets |
292 |
8 |
|
|
Total revenues |
214 |
189 |
13.2% |
|
Administrative expenditure |
-51 |
-41 |
24.4% |
|
Income before taxes |
164 |
145 |
13.1% |
|
Group net income |
126 |
128 |
-1.6% |
|
Cost/income ratio |
23.8% |
21.7% |
|
Contact:
Hanno Strube
Marc Towner
Henrik Hannemann
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
