Germany's PBB swings to profit in second quarter
Germany's PBB swings to profit in second quarter FRANKFURT, Aug 13 (Reuters) - Deutsche Pfandbriefbank PBBG.DE (PBB), one of Germany's top property financiers, disclosed on Thursday that it swung to profit in the second-quarter and said it was sticking to its 2026 guidance.
The bank's quarterly net profit was €10 million ($11.5 million), compared with a €266 million loss a year earlier. It had posted a loss for all of 2025.
($1 = 0.8677 euros)
(Reporting by Tom Sims
Editing by Ludwig Burger)((Tom.Sims@thomsonreuters.com; +49 30 220 133 645;))
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