Brief: Cembra Sees 2024 Net Revenues At Least In Line With Swiss GDP Growth

Cembra Money Bank AG

20/02/2025 06:03

Feb 20 (Reuters) - Cembra Money Bank AG  CMBN.S :
    * CEMBRA REPORTS 2024 NET INCOME OF CHF 170.4 MILLION, UP
8%,
SUPPORTED BY CONSISTENT STRATEGY EXECUTION AND AN IMPROVED NET
INTEREST MARGIN
    * CEMBRA MONEY BANK AG - OUTLOOK: INCREASE IN NET INCOME
EXPECTED,
WITH RETURN ON EQUITY OF 14-15% IN 2025 AND ON TRACK TO DELIVER
2026 FINANCIAL TARGET
    * CEMBRA MONEY BANK AG - FY COST/INCOME RATIO IMPROVED
SIGNIFICANTLY, AT 48.1% (2023: 50.9%)
    * CEMBRA MONEY BANK AG - FY RETURN ON EQUITY AT 13.4%, WITH
A TIER
1 CAPITAL RATIO OF 17.9%
    * CEMBRA MONEY BANK AG - OUTLOOK 2025: NET REVENUES AT LEAST
IN
LINE WITH SWISS GDP GROWTH

Source text:  ID:nEQ1vR5LFa 
Further company coverage:  CMBN.S 

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