Preliminary pre-tax profit increased by 54% to €301m for 2016 compared to 2015 mainly due to a one-off gain of €123m related to Heta in 2016. Net interest income was down by 5% to €404m for 2016 compared to 2015. Loan loss provisions were €1m in 2016. Commission income declined by 43% to €8m in 2016. Net income from financial investments increased to €125m for 2016 compared a loss of €32m for 2015 as Q3 16 benefited from net income of €123m from previou
08 Mar 2017
2016 figures in line, €1.05 DPS due to special dividend from the Heta gain
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2016 figures in line, €1.05 DPS due to special dividend from the Heta gain
Deutsche Pfandbriefbank AG (PBB:WBO) | 0 0 (-0.8%) | Mkt Cap: 1,864m
- Published:
08 Mar 2017 -
Author:
Dieter Hein -
Pages:
3
Preliminary pre-tax profit increased by 54% to €301m for 2016 compared to 2015 mainly due to a one-off gain of €123m related to Heta in 2016. Net interest income was down by 5% to €404m for 2016 compared to 2015. Loan loss provisions were €1m in 2016. Commission income declined by 43% to €8m in 2016. Net income from financial investments increased to €125m for 2016 compared a loss of €32m for 2015 as Q3 16 benefited from net income of €123m from previou