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Aareal Bank AG (ARLG.DE)

ARLG.DE on Xetra

14.77EUR
9:42pm IST
Change (% chg)

€-0.22 (-1.47%)
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€14.99
Open
€14.80
Day's High
€15.07
Day's Low
€14.49
Volume
225,131
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255,286
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€31.90
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€12.28

Latest Key Developments (Source: Significant Developments)

Aareal Bank Concludes Sale Of Minority Stake In Unit Aareon To Advent
5:44pm IST 

Oct 30 (Reuters) - AAREAL BANK AG ::SUCCESSFULLY CONCLUDES THE SALE OF A MINORITY STAKE IN ITS SUBSIDIARY AAREON TO ADVENT.  Full Article

Aareal Bank Further Reduces Italian Non-Performing Loans
Friday, 31 Jul 2020 

July 31 (Reuters) - AAREAL BANK AG ::CONTINUES ITS DE-RISKING PROGRAMME WITH ANOTHER MARKED REDUCTION IN ITALIAN CREDIT RISK.TRANSACTION REDUCED BANK'S ITALIAN NPL VOLUME TO LESS THAN EUR 500 MILLION, I.E. BY MORE THAN HALF COMPARED TO MID-2019.IN JULY, APPROX. EUR 140 MILLION IN LOANS AND ADVANCES WERE SOLD TO INVESTORS.AS FOR ITS TOTAL NPL VOLUME, AAREAL BANK HAS BROUGHT IT DOWN TO LESS THAN EUR 1 BILLION, THUS REDUCING IT BY ALMOST HALF WITHIN ONE YEAR.BANK'S NPL RATIO HAS FALLEN BELOW 4 PER CENT.EXPECTS TO POST A SLIGHTLY POSITIVE RESULT FOR Q2.NEW DE-RISKING TRANSACTION GENERATED APPROXIMATELY EUR 10 MILLION IN EXPENSES, WHICH WERE RECOGNISED IN INCOME FOR Q2.  Full Article

Aareal Bank Q1 Net Profit Down At EUR 2.0 Million
Tuesday, 12 May 2020 

May 12 (Reuters) - AAREAL BANK AG ::DELIVERS POSITIVE RESULTS FOR THE FIRST QUARTER OF 2020, HAVING ACCOUNTED FOR EFFECTS OF COVID-19.Q1 OPERATING PROFIT 11 MILLION EUR VERSUS 61 MILLION EUR YEAR AGO.Q1 NET PROFIT 2.0 MILLION EUR VERSUS 35 MILLION EUR YEAR AGO.Q1 2020 CONSOLIDATED OPERATING PROFIT OF EUR 11 MILLION, AFTER EUR 61 MILLION IN SAME QUARTER OF PREVIOUS YEAR.Q1 LOSS ALLOWANCE OF EUR 58 MILLION (Q1 2019: EUR 5 MILLION), INCLUDING DIRECT AND INDIRECT IMPACTS OF COVID-19 PANDEMIC.DYNAMIC NEW PROPERTY FINANCE BUSINESS PRIOR TO OUTBREAK OF COVID-19 CRISIS: INCREASE TO EUR 1.3 BILLION IN Q1 (Q1 2019: EUR 0.8 BN), AT SUSTAINED GOOD MARGINS.Q1 NET COMMISSION INCOME UP 8 PER CENT YEAR-ON-YEAR.SUBSTANTIALLY POSITIVE CONSOLIDATED OPERATING PROFIT ACHIEVABLE FOR FULL YEAR 2020, FROM TODAY'S POINT OF VIEW.ASSUMES A CONTINUOUS NORMALISATION OF GLOBAL ECONOMIC ACTIVITY COMMENCING FROM MID-2020, WITH A MARKED ACCELERATION OF RECOVERY DURING 2021.END-Q1 COMMON EQUITY TIER 1 (CET1) RATIO WAS 20.2%.DIVIDENDS ARE NOT BEING PAID OUT FOR TIME BEING.END-Q1 TOTAL CAPITAL RATIO WAS 30.3%.END-Q1 'BASEL IV' RATIO 14.2%.Q1 NET INTEREST INCOME DECLINED TO EUR 123 MILLION (Q1 2019: EUR 135 MILLION).  Full Article

Aareal Bank To Hold Virtual AGM
Monday, 20 Apr 2020 

April 20 (Reuters) - AAREAL BANK AG ::INVITES SHAREHOLDERS TO VIRTUAL ANNUAL GENERAL MEETING.NET RETAINED PROFIT FOR 2019 FINANCIAL YEAR WILL NOT BE USED TO DISTRIBUTE DIVIDENDS AT THIS POINT IN TIME.WILL HOLD ITS ANNUAL GENERAL MEETING ON 27 MAY 2020 AS A VIRTUAL AGM.  Full Article

Aareal Bank says will not pay dividend at ECB's request
Monday, 6 Apr 2020 

April 5 (Reuters) - Aareal Bank AG ::DGAP-NEWS: AAREAL BANK TO COMPLY WITH THE ECB'S RECOMMENDATION ON DIVIDEND POLICY - SITUATION WILL BE RE-ASSESSED AFTER 1 OCTOBER 2020.: AAREAL BANK TO COMPLY WITH ECB'S RECOMMENDATION ON DIVIDEND POLICY - SITUATION WILL BE RE-ASSESSED AFTER 1 OCTOBER 2020.NET RETAINED PROFIT SHOULD NOT BE USED TO DISTRIBUTE DIVIDENDS AT THIS POINT IN TIME.RESOLUTION ADOPTED TODAY COMPLIES WITH CORRESPONDING RECOMMENDATION BY ECB.GIVEN ECB'S RECOMMENDATION AND RECOGNISING SIGNIFICANT UNCERTAINTY ASSOCIATED WITH COVID-19 PANDEMIC, WE CONSIDER POSTPONING FINAL DIVIDEND DECISION TO BE APPROPRIATE.  Full Article

Aareal Bank says To Comply With ECB's Recommendation On Dividend Policy
Monday, 6 Apr 2020 

April 5 (Reuters) - Aareal Bank AG ::DGAP-ADHOC: AAREAL BANK AG: AAREAL BANK TO COMPLY WITH THE ECB'S RECOMMENDATION ON DIVIDEND POLICY - SITUATION WILL BE RE-ASSESSED AFTER 1 OCTOBER 2020.AAREAL BANK - TO PROPOSE TO AGM ON MAY 27 THAT NET RETAINED PROFIT SHOULD NOT BE USED TO DISTRIBUTE DIVIDENDS AT THIS POINT IN TIME.  Full Article

Aareal Bank Says It Can't Assess Effect of Current Developments on Business
Thursday, 26 Mar 2020 

March 26 (Reuters) - Aareal Bank AG ::DGAP-NEWS: AAREAL BANK GROUP PUBLISHES ITS ANNUAL REPORT 2019.AAREAL BANK IS CLOSELY MONITORING CURRENT DEVELOPMENTS AND DISCUSSIONS AND WILL ASSESS THEM IN A RESPONSIBLE MANNER.AT PRESENT, IT IS IMPOSSIBLE TO RELIABLY ASSESS TO WHAT EXTENT THESE MAY INFLUENCE AAREAL BANK GROUP'S BUSINESS AND EARNINGS DEVELOPMENT; HENCE, THEY HAVE NOT BEEN INCLUDED IN FORECASTS FOR CURRENT FINANCIAL YEAR PUBLISHED TO DATE.  Full Article

Germany’s Aareal Bank Doesn’t Rule Out Negative Virus Effects On Business
Wednesday, 26 Feb 2020 

Feb 26 (Reuters) - Aareal Bank AG CEO in call::WE CANNOT RULE OUT THAT CORONAVIRUS WILL AFFECT OUR BUSINESS NEGATIVELY.  Full Article

Aareal Bank Posts In-Line FY Operating Profit Of 248 Mln Euros
Wednesday, 26 Feb 2020 

Feb 26 (Reuters) - AAREAL BANK AG ::DIVIDEND OF EUR 2.00 PER SHARE PROPOSED.OPERATING PROFIT 2019 OF EUR 248 MILLION WITHIN ANTICIPATED RANGE.FY CONSOLIDATED NET INCOME ALLOCATED TO ORDINARY SHAREHOLDERS OF EUR 145 MILLION.FY NET INTEREST INCOME OF EUR 533 MILLION WAS STABLE AT PREVIOUS YEAR'S LEVEL (EUR 535 MILLION).FY NET LOSS FROM FINANCIAL INSTRUMENTS (FVPL) AND ON HEDGE ACCOUNTING TOTALLED EUR -3 MILLION (2018: EUR -4 MILLION).OPERATING PROFIT OF EUR 248 MILLION IN 2019 FINANCIAL YEAR.COMMON EQUITY TIER 1 (CET1) RATIO AT 19.6 PER CENT AS AT 31 DECEMBER 2019.NET INTEREST INCOME IN FINAL QUARTER OF 2019 AMOUNTED TO EUR 130 MILLION (Q4 2018: EUR 135 MILLION).Q4 NET COMMISSION INCOME OF EUR 65 MILLION EXCEEDED PREVIOUS YEAR'S FIGURE (Q4 2018: EUR 63 MILLION).OPERATING PROFIT FOR Q4 AMOUNTED TO EUR 62 MILLION (Q4 2018: EUR 117 MILLION; ADJUSTED FOR DHB NON-RECURRING EFFECT: EUR 62 MILLION).BELIEVES MARKET AND COMPETITIVE ENVIRONMENT WILL REMAIN CHALLENGING IN CURRENT FINANCIAL YEAR. IT ALSO EXPECTS ONGOING POLITICAL AND ECONOMIC UNCERTAINTIES.NO RELIEF IS TO BE EXPECTED EITHER FROM REGULATORY PRESSURES OR FROM LOW INTEREST RATE ENVIRONMENT.SEES 2020 CONSOLIDATED OPERATING PROFIT TO BE IN LINE WITH PREVIOUS YEAR'S LEVELS.SEES 2020 CONSOLIDATED NET INCOME ALLOCATED TO ORDINARY SHAREHOLDERS IS PROJECTED TO REMAIN STABLE AT PREVIOUS YEAR'S LEVELS.  Full Article

Aareal says Petrus Advisors holds 3.31%
Thursday, 6 Feb 2020 

Feb 5 (Reuters) - Aareal Bank AG ::SAYS PETRUS ADVISORS HELD 3.31 % IN SHARES AND INSTRUMENTS AS OF 29 JAN 2020.  Full Article

Aareal Bank shortlists private equity firms in sale of tech unit: sources

FRANKFURT German real estate lender Aareal Bank has shortlisted several private equity groups interested in a stake in its software business Aareon, people close to the matter said.