Germany's Baader Bank Q1 revenue falls on declines in commission and interest

Baader Bank AG

30/04/2026 06:45

Overview

Germany investment bank's Q1 pretax profit fell to EUR 17.9 mln from EUR 20.8 mln

Q1 revenue declined 7% yr/yr, mainly on lower commission and interest income

Total expenses dropped 5% yr/yr, driven by lower pension costs

Outlook

Company did not provide specific financial guidance for the current quarter or full year

Result Drivers

MARKET VOLATILITY - High market volatility, partly due to geopolitical tensions, drove increased trading activity and supported trading earnings

LOWER COMMISSION AND INTEREST INCOME - Declines in commission and interest business weighed on total revenue

EXPENSE REDUCTION - Total expenses fell 5%, mainly due to lower pension expenses

Company press release: ID:nEQ85GCKda

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Pretax Profit
EUR 17.90 mln


Analyst Coverage

The one available analyst rating on the shares is "strong buy"

The average consensus recommendation for the investment banking & brokerage services peer group is "buy."

Wall Street's median 12-month price target for Baader Bank AG is €7.70, about 12.2% above its April 29 closing price of €6.86

The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 12 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)