Brief: Baader Bank: FY Revenue At EUR 215.5 Mln

Baader Bank AG

01/04/2022 06:33

April 1 (Reuters) - BAADER BANK AG  BLMG.DE :
    * FY REVENUE 215.5 MILLION EUR VERSUS 212.7 MILLION EUR YEAR
AGO
    * FY PRETAX PROFIT 57.4 MILLION EUR VERSUS 56 MILLION EUR
YEAR AGO
    * FY NET TRADING INCOME FOR PAST FINANCIAL YEAR AMOUNTED TO
EUR
185.0 MILLION (PREVIOUS YEAR: EUR 168.2 MN)
    * FY NET COMMISSION INCOME DECLINES TO A TOTAL OF EUR 12.9
MILLION
(PREVIOUS YEAR: EUR 31.0 MN).
    * OUTLOOK 2022: BOARD OF DIRECTORS OF BAADER BANK EXPECTS
GROUP'S
EARNINGS BEFORE TAX FOR 2022 FINANCIAL YEAR TO BE AROUND EUR 30
MILLION, WITH A COST-INCOME RATIO OF AROUND 80 % AND A RETURN ON
EQUITY AFTER TAX OF AROUND 15 %
    * FY EXPECTS GROUP'S EARNINGS BEFORE TAX FOR 2022 FINANCIAL
YEAR
TO BE AROUND EUR 30 MILLION, WITH A COST-INCOME RATIO OF AROUND
80 % AND A RETURN ON EQUITY AFTER TAX OF AROUND 15 %.
    * 2022 VOLUME OF SALES ARE EXPECTED TO CONTINUE DEVELOPING
AT SAME
LEVEL AS IN PREVIOUS YEAR

Source text for Eikon:  ID:nEQ4Z5kFWa 
Further company coverage:  BLMG.DE 

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