Brief: Baader Bank FY total income down 10 pct at 100.5 million euros

Baader Bank AG

17/03/2017 07:00

March 17 (Reuters) - Baader Bank AG  BLMG.DE : 
    * FY earnings before tax at group level of -2.1 million 
euros  (-$2.26 million), which represents a 5.5 million euros 
improvement compared with previous year 
    * Company was pleased to be able to maintain its FY trading 
income, derived primarily from market making, at a constant 
level of 52.8 million euros 
    * FY net commission income decreased to 40.7 million euros 
(-19 pct) 
    * Total income of Baader Bank Group in 2016 was 100.5 
million euros (-10 pct) 
    * FY net interest income and current income increased to 3.2 
million euros (+29 pct) 
 
Source text for Eikon:  ID:nEQ8C42P6  
Further company coverage:  BLMG.DE  
 
($1 = 0.9278 euros) 
 
 (Gdynia Newsroom) 
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