11 May 2022

Solid Q1 figures, higher loan loss provisions

Deutsche Pfandbriefbank AG (PBB:ETR) | 0 0 0.0%

- Dieter Hein
- 2 pages

• Operating income was up by 2% to €149m for Q1 22 • Loan loss provisions increased by 80% to €18m for Q1 22 due to the changed economic forecasts because of the Russian/Ukrainian war • Net profit decreased by 14% to €36m for Q1 22 • Pre-tax profit guidance of between €200m and €220m for FY2022 confirmed

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Solid Q1 figures, higher loan loss provisions

Deutsche Pfandbriefbank AG (PBB:ETR) | 0 0 0.0%

Published: 11 May 2022
Author: Dieter Hein
Pages: 2

• Operating income was up by 2% to €149m for Q1 22 • Loan loss provisions increased by 80% to €18m for Q1 22 due to the changed economic forecasts because of the Russian/Ukrainian war • Net profit decreased by 14% to €36m for Q1 22 • Pre-tax profit guidance of between €200m and €220m for FY2022 confirmed