IKB Deutsche Industriebank: Results for the financial year 2019/20

2020/05/18, Company

Net consolidated income € 8 million, excluding one-time effects income of € 80 million
Net consolidated income of € 80 million, adjusted for extraordinary expenses of € 48 million from the termination of the silent participations, € 21 million from restructuring expenses and € 2 million from transaction and consulting costs in relation to the capital reduction as well as the termination of the silent participations. Return on equity of approx. 6% assuming a common equity tier 1 ratio of 12% is calculated on risk-weighted assets of € 11.4 billion.

Administrative expenses reduced by 19% from € 192 million to € 156 million
Personnel expenses further reduced from € 99 million to € 81 million. Other administrative expens-es reduced in the Group from € 94 million to € 75 million. Administrative expenses will be further reduced to approx. € 140 million in the financial year 2020/21 and to below € 110 million in the medium-term.
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IKB Deutsche Industriebank: Six-month figures for the 2019/20 financial year

2019/11/21, Company

• Consolidated net result increased to € 46 Million
• Administrative expenses reduced by 11%
• Common equity tier 1 ratio (CET 1) fully loaded at Group level: 12.2% 
• NPL ratio (EBA definition) of 1.4%