Brief: Deutsche Pfandbriefbank Q1 Earnings Before Taxes At EUR 28 Mln

Deutsche Pfandbriefbank AG

14/05/2025 06:04

May 14 (Reuters) - DEUTSCHE PFANDBRIEFBANK AG PBBG.DE:

Q1 NET INTEREST INCOME AT EUR 107 MILLION VERSUS EUR 125 MILLION YEAR AGO

Q1 OPERATING INCOME AT EUR 118 MILLION VERSUS EUR 146 MILLION YEAR AGO

Q1 EARNINGS AFTER TAXES AT EUR 24 MILLION VERSUS EUR 29 MILLION YEAR AGO

MARKET SITUATION MORE VOLATILE THAN EXPECTED, ESPECIALLY IN THE USA

HAS DECIDED NOT TO ENTER INTO ANY NEW BUSINESS ON THE US PROPERTY MARKETS

TO LOOK AT ALL OPTIONS FOR THE EXISTING US BUSINESS WITH AN OPEN MIND

IS ALSO REVIEWING THE TIMING OF THE EXECUTION OF THE PLANNED SHARE BUY-BACK

Q1 EARNINGS BEFORE TAXES AT EUR 28 MILLION VERSUS EUR 34 MILLION YEAR AGO

Further company coverage: PBBG.DE

 (Gdansk Newsroom)

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