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Key Financials

 

Baader Bank Group 1st half year
(01/01-30/06)
   in EUR mn 2023 2022              Delta
   Result from interest business 15.0 -0.5 15.5
   Result from commission business                                                            40.5 37.5 3.0
   Result from trading activities 20.0 39.8 -19.8
   Revenue 5.8 5.2 0.6
   Other income 2.2 2.7 -0.5
Income 83.5 84.8 -1.3
       
   Personnel expenses 36.1 32.7 3.4
   Other operating expenses 41.0 36.1 4.8
   Risk provision 3.5 4.9 -1.4
Expenses 80.6 73.8 6.8
       
Earnings before taxes (EBT) 2.9 11.0 -8.1
   Taxes 2.8 5.0 -2.2
   Minorities 0.1 0.1 -1.1
Group results 0.0 5.8 -5.8
   Earnings per share in EUR 0.00 0.12 -0.12
   Return on equity after tax in % 0.1 7.1 -7.0
       
  as of reporting date
   in EUR mn 30/06/2023       31/12/2022 Delta
   Total assets 4,162 2,376 1,786
   Equity capital 165.0 164.9 0.5
   CET 1/Total capital ratio in % 22.7 24.3 2.8


 

Baader Bank Group 2021 2022 Change
  EUR mn EUR mn  
  Interest income and current income -1.6 7.3 8.9
  Net commission income 12.9 13.0 0.2
  Net trading income 185.0 112.2 -72.8
  Revenue 11.0 21.3 10.3
  Other income 8.1 7.4 -0.7
Income 215.5 161.3 -54.2
       
  Personnel expenses 73.5 65.0 -8.5
  Other administrative expenses and other operating expenses 55.9 64.5 8.6
  Amortisation and depreciation on intangible assets and property, plant,
  and equipment
9.1 11.1 2.0
  Other amortisation and depreciation/risk provision 1.0 0.2 -0.8
  Additions to the fund for general banking risks (1) 18.5 8.3 -10.2
Expenses 158.0 149.1 -8.9
       
Earnings before taxes (EBT) 57.4 12.2 -45.3
  Taxes 10.6 3.3 -7.3
  Minorities 0.2 0.2 -0.1
Group results 46.6 8.7 -37.9
       
  Total Assets 1,820 2,376 556
  Equity capital 164.5 164.9 0.5
  Total capital ratio in % 22.1 24.3 2.2
  Earnings per share in EUR 1.00 0.18 -0,82
  Return on equity after tax in % 38.5 5.3 -33.2
       

(1) The transfer to the fund for general banking risks also takes into account the statutory transfer to the fund for general banking risks in accordance with Section 340e HGB at the end of the year.


 

Baader Bank Group
Key P&L Figures (1)
01/01/ - 30/06/2022 01/01/ - 30/06/2021 Change to previous year
  EUR'000 EUR'000 %
Income 84,816 135,583 -37.4
of which      
Interest income and current income -61 -482 -87.3
Net commission income 8,647 9,656 -10.5
From commission revenue 55,972 53,189 5.2
Net trading income 68,662 115,070 -40.3
Revenue 5,219 5,719 -8.7
Other income 2,349 5,620 -58.2
       
Expenses -73,847 -91,825 -19.6
of which      
Personnel expenses -32,700 -42,337 -22.8
Other Administrative expenses and other operating expenses -31,268 -25,540 22.4
Amortisation and depreciation on intangible assets and property, plant and equipment -4,967 -4,154 19.6
Other amortisation and depreciation/risk provision 3,788 -1,405 >100,0
Of which write-downs/write-ups of loans and advances and certain securities as well as additions to provisions in lending business 3,788 -1,405 >100.0
Addtions to the fund for general banking risks (2) -8,700 -18,389 -52.7
       
Earnings before tax (EBT) 10,969 43,757 -74.9
       
Operating result (3) 14,569 59,372 -75.5
       

 


 


 


 

Baader Bank Group
Key Balance Sheet Figures (1)
30/06/2022 31/12/2021 Change to previous year
  EUR mn EUR mn %
Total Assets 2,401.9 1,819.7 32.0
       
Common Equity Tier 1 ratio (CET 1) 21.1% 22.1% -
       

(1) Financial figures of the Baader Bank Group; all figures preliminary and unaudited; reported in accordance with the provisions of the German Commercial Code (Handelsgesetzbuch - HGB).
(2) The transfer to the fund for general banking risks also takes into account the statutory transfer to the fund for general banking risks in accordance with Section 340e HGB at the end of the year.
(3) Gross profit (= net interest income + current income + net commission income and trading income + revenues) less personnel expenses and other administrative expenses as well as amortisation/depreciation on intangible assets and property, plant and equipment.


 

 

Baader Bank Group
Key P&L Figures (1)
2021 2020 Change to previous year
  EUR'000 EUR'000 %
Income 215,476 212,661 1.3
of which      
Interest income and current income -1,626 -2,634 -38.3
Net commission income 12,889 30,977 -58.4
Net trading income 185,030 168,215 10.0
Revenue 11,048 11,962 -7.6
Other income 8,134 4,141 96.4
       
Expenses -158,033 -156,642 0.9
of which      
Personnel expenses -73,491 -71,239 3.2
Other administrative expenses and other operating expenses -55,921 -48,141 16.2
Amortisation -10,117 -20,452 -50.5
Additions to the fund for general banking risks (2) -18,504 -16,837 9.9
       
Earnings before tax (EBT) 57,444 56,019 2.5
       
Operating result (3) 70,537 81,529 -13.5
       

 


 


 


 

Baader Bank Group
Key Balance Sheet Figures (1)
31.12.2021 31.12.2020 Change to previous year
  EUR mn EUR mn %
Total Assets 1,819.7 888,6 104.8
Balance Sheet equity ratio 9% 14% -
       

(1) Financial figures of the Baader Bank Group; reported in accordance with the provisions of the German Commercial Code (Handelsgesetzbuch - HGB).
(2) The transfer to the fund for general banking risks also takes into account the statutory transfer to the fund for general banking risks in accordance with Section 340e HGB at the end of the year.
(3) Gross profit (= net interest income + current income + net commission income and trading income + revenues) less personnel expenses and other administrative expenses as well as amortisation/depreciation on intangible assets and property, plant and equipment.


 

 

Baader Bank Group
Key P&L Figures (1)
01.01. - 30.06.2021 01.01. - 30.06.2020 Change to previous year
  EUR'000 EUR'000 %
Income 135,582 112,025 21.0
of which      
Interest income and current income -482 -1,505 68.0
Net commission income 9,656 22,175 -56.5
Net trading income 115,070 84,690 35.9
Revenue 5,719 5,606 2.0
Other income 5,619 1,036 >100.0
Net income from interests in associated 0 23 -100.0
       
Expenses -91,825 -87,988 4.4
of which      
Personnel expenses -42,337 -33,346 27.0
Administrative expenses and other operating expenses -25,540 -22,691 12.6
Depreciation, amortisation and write-downs on intangible assets and property, plant and equipment -4,154 -3,981 4.3
Other amortisation and depreciation/risk provision -1,405 -12,970 -89.2
Depreciation, amortisation and write-downs on receivables and certain securities as well as allocations for provisions in lending business -1,405 -12,970 -89.2
Expenses from the addition of the fund for general banking risks (2) -18,389 -15,000 22.6
       
Earnings before tax (EBT) 43,757 24,037 82.0
       
Operating result (3) 59,372 52,669 12.7
       

 


 


 


 

Baader Bank Group
Key Balance Sheet Figures (1)
30.06.2021 31.12.2020 Change to previous year
  EUR mn EUR mn %
Total Assets 1,234.3 888,6 38.9
Balance Sheet equity ratio 12.7% 13.6% -
Common equity tier ratio (CET 1) 15.9% 14.6% -
       

(1) Financial figures of the Baader Bank Group; all figures preliminary and unaudited; reported in accordance with the provisions of the German Commercial Code (Handelsgesetzbuch - HGB).
(2) The transfer to the fund for general banking risks also takes into account the statutory transfer to the fund for general banking risks in accordance with Section 340e HGB at the end of the year.
(3) Gross profit (= net interest income + current income + net commission income and trading income + revenues) less personnel expenses and other administrative expenses as well as amortisation/depreciation on intangible assets and property, plant and equipment.


 

 

Baader Bank Group
Income Statement
2020 2019 Change to
previous year
  EUR'000 EUR'000 %
Income 212,661 104,336 >100.0
of which interest income and current income -2,634 -799 -
of which net commission income 30,976 32,111 -3.5
of which net trading income 168,215 46,149 >100.0
of which revenue 11,962 12,808 -6.6
of which other income 4,142 14,014 -70.4
Expenses -156,642 -104,268 50.2
of which personnel expenses -71,239 -46,522 53.1
of which administrative expenses and other operating expenses -48,141 -44,604 7.9
of which depreciation, amortisation and impairment -20,425 -13,142 55.4
of which transers to fund for general banking risks -16,837 0 100.0
       
Earnings before tax (EBT) 56,019 68 >100.0
       
Operating result 81,529 -8,017 -
       
       
Baader Bank Group
Balance Sheet
2020 2019 Change to
previous year
  EUR'000 EUR'000 %
Total Assets 888,578 617,375 43.9
Balance Sheet Equity Ratio 14% 12% -
       

In accordance with the provisions of the German Commercial Code (HGB)

 

 

Baader Bank Group
Key P&L Figures
01.01. - 30.06.2020 01.01. - 30.06.2019 Change to previous year
  EUR'000 EUR'000 %
Income 112,025 48,665 >100.0
of which interest income and current income -1,505 -154 >100.0
of which net commission income 22,175 17,727 25.1
of which net trading income 84,690 23,220 >100.0
of which revenue 5,606 6,199 -9.6
of which other income 1,036 1,642 -36.9
of which net income from interests in associated 23 31 -25.8
Expenses -87,988 -48,696 80.7
of which personnel expenses -33,346 -23,455 42.2
of which administrative expenses and other operating expenses -22,691 -22,218 2.1
of which depreciation, amortisation and write-downs on intangible assets and property, plant and equipment -3,981 -4,422 -10.0
Other amortisation and depreciation/risk provision -12,970 1,399 -
Depreciation, amortisation and write-downs on receivables and certain securities as well as allocations for provisions in lending business -12,970 3.284 -
Depreciation, amortisation and write-downs on equity investments, shares in affiliates and securities treated as assets 0 -1,885 -
Expenses from the addition of the fund for general banking risks -15,000 0 -
       
Earnings before tax (EBT) 24,037 -31 -
       
Operating result 52,669 -1,818 -
       
       
Baader Bank Group
Key Balance Sheet Figures
30.06.2020 31.12.2019 Change to previous year
  EUR'000 EUR'000 %
Total Assets 669,121 617,375 8.4
Balance Sheet Equity Ratio 13.8% 12.1%  
       

In accordance with the provisions of the German Commercial Code (HGB)

 

 

Baader Bank Group 2018 2019 Change to the previous year

Income Statement

EUR'000

EUR'000
absolute/
EUR'000
relative/
%
Income 98,121 104,336 6,215 6.3
of which interest income and current income 527 -799 - -
of which net commission income 40,518 32,111 -8,407 -21.1
of which net trading income 40,976 46,149 5,173 12.6
of which revenue 13,095 12,808 -287 -2.2
of which other income 3,005 14,014 11,009 >100.0
Expenses -117,496  -104,268 -13,228 -11.3
of which personnel expenses -54,686 -46,522 -8,164 -14.9
of which administrative expenses and other operating expenses -45,385 -44,604 -781 -1.7
of which amortisation and depreciation -17,391 -13,142 -4,249 -24.4
of which net income from interests in associates 34 0 -34 -
Earnings before tax (EBT) -19,375 68 - -
       
Operating result -14,221 -8,017 6,204 43.6

 

Baader Bank Group 2018 2019 Change to the previous year
Balance Sheet EUR'000  EUR'000 absolute/EUR'000 relative/%
Total assets 713,190 617,375 -95,815 -13.4
Balance Sheet Equity Ratio              11% 12% - -
Supervisory Capital Ratio 14% 14% - -


In accordance with the provisions of the German Commercial Code (HGB).

 

Baader Bank Group 01.01. - 30.06.2019 01.01. - 30.06.2018 Change compared to prior year
  EUR'000 EUR'000 absolute/EUR'000 relative/%
Income 48.665 53.194 -4.529 -8,5
of which interest income and current income -154 105 -259 -
of which net commission income 17.727 20.089 -2.362 -11,8
of which trading profit/loss 23.220 25.118 -1.898 -7,6
of which revenue 6.199 6.415 -216 -3,4
of which other income 1.642 1.284 358 27,9
of which profit/loss from shares in ssociated companies 31 183 -152 -83,1
Expenses -48.696 -54.774 6.078 -11,1
of which personnel expenses -23.455 -24.955 1.500 -6
of which administrative -22.218 -22.141 -77 -0,3
of which depreciation, amortisation and impairment -3.023 -7.678 4.655 -60,6
         
Earnings before tax (EBT) -31 -1.580 1.549 -98
       
Operating result* -1.818 453 -2.271 -
       
Total assets 680.695 747.534 -66.839 -8,9
       
Reported in accordance with the provisions of the German Commercial Code (Handelsgesetzbuch – HGB).
* Gross profit less personnel and other administrative expenses as well as depreciation and amortisation on intangible assets and property, plant and equipment (Gross income = net interest income and current income, net commission income and trading profit/loss, revenue)

 

Baader Bank Group
 

2017
 

2018
 

Change to the previous year
 

 

EUR'000

EUR'000

absolute /
EUR'000

relativ/
%

Income

121,317

98,121

-23,196

-19.1

of which net interest income
and current income

1,502

527

-975 -64.9

of which net commission income

46,539

40,518

-6,021 -12.9

of which net trading income

57,683

40,976

-16,707 -29.0
of which revenue 12,135 13,095 960 7.9

of which other income

3,458

3,005

-453 -13.1

Expenses

-117,058

-117,496

-438

0.4

of which personnel expenses

-54,702

-54,686

16 +/-0.0

of which administrative expenses
and other operating expenses

-42,586

-45,385 -2,799 6.6

of which amortisation and depreciation

-18,344

-17,391

953 -5.2

of which net income from interests in associates

-1,426

-34 1,390 -97.6

Earnings before tax (EBT)

4,259

-19,375 -23,634 -

Operating result*

7,650

-14,221 -21,871

-

Total assets

764,844

713,190 -51,654 -6.8
         

In accordance with the provisions of the German Commercial Code (Handelsgesetzbuch - HGB).
*Gross profit less personnel and other administrative expenses as well as depreciation and amortisation of intangible assets and property, plant and equipment