Brief: Aareal Q3 Net Interest Income Up 35% At Eur 248 Mln

Aareal Bank AG

09/11/2023 06:04

Nov 9 (Reuters) - AAREAL BANK AG  ARLn.DE :
    * EQS-NEWS: AAREAL MAINTAINS DYNAMIC OPERATING PERFORMANCE
IN THE
THIRD QUARTER
    * AAREAL BANK AG - STABLE CONSOLIDATED OPERATING PROFIT IN
Q3 AND
FIRST NINE MONTHS DESPITE INCREASED LOSS ALLOWANCE (Q3 2023: EUR
68 MILLION; Q3 2022: EUR 66 MILLION; 9M 2023: EUR 155 MILLION;
9M 2022: EUR 157 MILLION)
    * AAREAL BANK AG - Q3 NET INTEREST INCOME UP 35 PER CENT TO
EUR
248 MILLION
    * AAREAL BANK AG - Q3 NET COMMISSION INCOME UP 13% AT EUR 76
MILLION (Q3 2022: EUR 67 MILLION)
    * AAREAL BANK AG - OUTLOOK 2023: CONTINUES TO ANTICIPATE
CONSOLIDATED OPERATING PROFIT AT LOWER END OF RANGE BETWEEN EUR
240 MILLION AND EUR 280 MILLION
    * AAREAL BANK AG - Q3 CET1 RATIO REMAINS STABLE AT 19.4 PER
CENT

Further company coverage:  ARLn.DE 

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