pbb released preliminary figures for FY2018 yesterday. Pre-tax profit increased by 5% to €215m for 2018 compared to 2017. Net interest income was up by 11% to €450m for 2018 compared to 2017. Loan loss provisions rose from €10m for 2017 to €14m for 2018. Commission income was down from €8m to €6m for 2018. Net income from fair value measurement was a loss of €9m after a loss of €5m the year before. Operating income rose by 4% to €471m for 2018 comp
01 Mar 2019
Good figures for 2018, attractive dividend yield above 9%
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Good figures for 2018, attractive dividend yield above 9%
Deutsche Pfandbriefbank AG (PBB:WBO) | 0 0 (-0.8%) | Mkt Cap: 1,864m
- Published:
01 Mar 2019 -
Author:
Dieter Hein -
Pages:
3
pbb released preliminary figures for FY2018 yesterday. Pre-tax profit increased by 5% to €215m for 2018 compared to 2017. Net interest income was up by 11% to €450m for 2018 compared to 2017. Loan loss provisions rose from €10m for 2017 to €14m for 2018. Commission income was down from €8m to €6m for 2018. Net income from fair value measurement was a loss of €9m after a loss of €5m the year before. Operating income rose by 4% to €471m for 2018 comp