Corporate Communications vom 14.08.2015
DAB Bank publishes its last quarterly report
Merger into BNP Paribas Beteiligungsholding AG takes effect, squeeze-out successfully completed/ H1 2015 profit before taxes is EUR 9.31 million
Munich, August 14, 2015.
After DAB Bank AG was merged into BNP Paribas Beteiligungsholding AG and the shares of the minority shareholders were transferred to the latter company on July 27, 2015, the former DAB Bank AG is now defunct and the stock exchange listing has been cancelled. In connection with the Commercial Register entry recording the merger, BNP Paribas Beteiligungsholding AG was renamed DAB Bank AG.
The last quarterly report of the former DAB Bank AG, which covers the period from April 1 to June 30, 2015, was published on today´s date. In these three months, DAB Bank generated a consolidated profit before taxes of EUR 2.88 million. The profit before taxes for the first six months of 2015 came to EUR 9.31 million. DAB Bank registered further growth in its key operational indicators. In the first half of 2015, it executed 3.57 million trades for its customers, that being a third more than the trades executed in the first half of last year. The net number of customers rose by an impressive 22,000 to 672,441 in the first half. Since the end of 2014, customer assets held in custody have risen steadily by nearly EUR 4 billion to EUR 40.23 billion as of June 30, 2015.
Details on the operating results and key operational indicators can be found in the company´s quarterly report, which is available for download in the Investor Relations section of the website www.dab.com.
DAB Bank Group: Key Operational Indicators and Operating Results according to IFRS:
|Key operational indicators||1. Hj. / 2015||1. Hj. / 2014|
|Trades per securities account, annualized||No.||11,29||8,72|
|Customer assets held in custody||EUR bn.||40,23||34,87|
|thereof in investment funds||EUR bn||19,93||17,03|
|Operating results||1. Hj. / 2015||1. Hj. / 2014|
|Net interest income||EUR k||15.431||24.768|
|Trading profit and profit from investments||EUR k||1.011||1.982|
|Net commission income||EUR k||53.349||43.158|
|Administrative expenses||EUR k||59.428||56.607|
|Profit before taxes||EUR k||9.305||12.457|
|Profit after taxes||EUR k||7.235||8.348|
|Earnings per share||EUR||0,08||0,09|
|Key operational indicators||Q2 / 2015||Q1 / 2015||Q2 / 2014|
|Customer assets held in custody||EUR bn||40,23||40,79||34,87|
|thereof in investment funds||EUR bn||19,93||20,30||17,03|
|Operating results||Q2 / 2015||Q1 / 2015||Q2 / 2014|
|Net interest income||k EUR||7.396||8.035||12.407|
|Trading profit and profit from investments||k EUR||-35||1.046||1.336|
|Net commission income||k EUR||23.929||29.420||20.386|
|Administrative expenses||k EUR||29.317||30.111||28.123|
|Profit before taxes||k EUR||2.877||6.428||5.584|
|Profit after taxes||k EUR||2.872||4.363||3.748|
|Cost-income ratio||in %||91,1||82,4||83,4|
|Earnings per share||EUR||0,03||0,05||0,04|
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