Brief: Aareal Bank Q1 Operating Profit At EUR 30 Mln

Aareal Bank AG

11/05/2022 06:11

May 11 (Reuters) - AAREAL BANK AG  ARLG.DE :
    * REPORTS GOOD OPERATING PERFORMANCE IN THE FIRST QUARTER OF
2022
– ADDITIONAL LOSS ALLOWANCE RECOGNISED FOR RUSSIAN EXPOSURE
    * Q1 EPS 0.25 EUR
    * Q1 OPERATING PROFIT 30 MILLION EUR
    * Q1 ADJUSTED OPERATING PROFIT 90 MILLION EUR
    * Q1 NET INTEREST INCOME SHOWED A PARTICULARLY POSITIVE
DEVELOPMENT, UP BY 15 PER CENT YEAR-ON-YEAR TO A TOTAL OF EUR
159 MILLION (Q1 2021: EUR 138 MILLION)
    * Q1 NET COMMISSION INCOME WAS UP BY 8 PER CENT YEAR-ON-YEAR
TO
EUR 64 MILLION ON BACK OF REVENUE DEVELOPMENT AT IT SUBSIDIARY
AAREON (Q1 2021: EUR 59 MILLION)

Source text for Eikon:  ID:nEQ3JwyWwa 
Further company coverage:  ARLG.DE 

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