IKB News
IKB Deutsche Industriebank AG’s results for the first half of 2022: solid results in a challenging economic environment
2022/08/19, Company
- Consolidated net income before tax of €30 million impacted by extraordinary ef-fects
- Adjusted return on equity (ROE) after tax of 8.5%
- Structural reduction of the cost basis ongoing with underlying adjusted adminis-trative expenses in 1H 2022 further reduced by €5 million to €68 million
- Adjusted cost income ratio (CIR) of 62%
- Resilient loan book: risk provisions of €0 million and NPL ratio (EBA definition) of 1.8%
- CET 1 ratio (fully phased) of 14.9%, pro-forma CET 1 ratio (Basel IV/CRR III) of 15.9%
- Leverage ratio of 6.4%
- Chairman of IKB’s Board of Managing Directors, Dr Michael Wiedmann: “We suc-cessfully navigated a challenging overall economic environment and continue to execute our strategy.”
Preliminary figures of IKB Deutsche Industriebank AG in the financial year 2021: solid results despite challenging environment
2022/03/11, Company
- Consolidated net income before taxes of €104 million
- Return on equity (ROE) after taxes of 8.3%
- Administrative expenses of €135 million, cost/income ratio (CIR) 55%
- Risk provisions of €12 million and NPL ratio (EBA definition) of 1.9% at low level
- No direct credit or derivative exposure to Russia, Belarus or Ukraine
- CET 1 ratio (fully phased) 16.6%, pro-forma CET 1 ratio in accordance with Basel IV 17.5%
- Increase in leverage ratio to 8.0%
