Brief: Deutsche Pfandbrief Bank - Q124 Net Interest Income EUR 125 Million

Deutsche Pfandbriefbank AG

14/05/2024 06:51

May 14 (Reuters) - Deutsche Pfandbriefbank AG  PBBG.DE :
    * Q124 PROFIT BEFORE TAX EUR 34 MILLION (Q123: 32 MILLION)
    * Q124 DEPOSIT VOLUMES AT PBB DIREKT EUR 7.1 BILLION (6.6
BILLION
YEAR-END 23)
    * Q124 NEW BUSINESS VOLUME EUR 700 MILLION (Q12023: 1
BILLION)
    * Q124 OPERATING INCOME EUR 146 MILLION (Q123: 119 MILLION)
    * LCR ABOVE 200% AS OF 30 APR, CET1 RATIO 15.2%
    * WILL REDUCE EXPOSURE IN U.S. AND UK THROUGH TRANSACTIONS
WORTH
EUR 900 MILLION
    * Q124 NET INTEREST INCOME EUR 125 MLN (Q123: 106 MLN)
    * Q124 "MODERATE" GROWTH OF CURRENCY-ADJUSTED NON-PERFORMING
LOANS
    * Q124 RISK PROVISIONING EUR 47 MILLION (Q123: 2 MILLION)
    * REF PORTFOLIO NOW AT EUR 31.2 BILLION (Q123: 29.4 BILLION)

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Further company coverage:  PBBG.DE 

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