Brief: Deutsche Pfandbriefbank - 9M Operating Income At EUR 425 Mln

Deutsche Pfandbriefbank AG

13/11/2024 05:57

Nov 13 (Reuters) - DEUTSCHE PFANDBRIEFBANK AG  PBBG.DE :
    * 9M OPERATING INCOME AT EUR 425 MILLION
    * 9M INCREASE IN NEW BUSINESS MARGIN TO ABOUT 240 BASIS
POINTS
    * 9M RISK PROVISIONING RISES FURTHER, AS EXPECTED, BUT
DECLINED IN
Q3
    * CHANGE TO THE BASEL IV F-IRBA APPROACH APPROVED AS OF 1
JANUARY
2025
    * 9M NET INTEREST INCOME UP BY 3% AT EUR 359 MILLION (YOY)
    * 9M PRE-TAX PROFIT AT EUR 87 MILLION VERSUS EUR EUR 91
MILLION
YEAR AGO
    * 9M RISK PROVISIONING AT EUR -140 MILLION VERSUS EUR -104
MILLION
YEAR AGO

Further company coverage:  PBBG.DE 

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