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Aareal Bank AG (ARLG.DE)

ARLG.DE on Xetra

27.00EUR
15 Nov 2019
Change (% chg)

€0.52 (+1.96%)
Prev Close
€26.48
Open
€26.73
Day's High
€27.41
Day's Low
€26.70
Volume
290,568
Avg. Vol
245,879
52-wk High
€31.50
52-wk Low
€22.44

Latest Key Developments (Source: Significant Developments)

Aareal Bank Confirms Forecast As Q2 Net Income Remains Stable
Tuesday, 13 Aug 2019 

Aug 13 (Reuters) - Aareal Bank AG ::DGAP-NEWS: AAREAL BANK GROUP REMAINS ON TRACK IN THE SECOND QUARTER: NET INTEREST INCOME REMAINS STABLE WHILE NET COMMISSION INCOME INCREASED SIGNIFICANTLY THANKS TO AAREON'S PERFORMANCE.DGAP-NEWS: AAREAL BANK GROUP REMAINS ON TRACK IN THE SECOND QUARTER: NET INTEREST INCOME REMAINS STABLE WHILE NET COMMISSION INCOME INCREASED SIGNIFICANTLY THANKS TO AAREON'S PERFORMANCE.CONSOLIDATED OPERATING PROFIT FOR Q2 REMAINS SOLID AT EUR 61 MILLION (Q2 2018: EUR 62 MILLION); FULL-YEAR EARNINGS OUTLOOK AFFIRMED.NET INTEREST INCOME OF EUR 134 MILLION MAINTAINED AT LEVEL OF PRECEDING QUARTERS, DESPITE A CHALLENGING MARKET AND COMPETITIVE ENVIRONMENT.SEES CHALLENGING MARKET AND COMPETITIVE ENVIRONMENT.GROUP AFFIRMED ITS FORECAST FOR FULL YEAR IN VIEW OF ITS ROBUST BUSINESS PERFORMANCE OVER FIRST SIX MONTHS OF YEAR.CONSOLIDATED NET INCOME ALLOCATED TO ORDINARY SHAREHOLDERS FOR Q2 WAS UNCHANGED FROM SAME PERIOD OF PREVIOUS YEAR AT EUR 37 MILLION; IT TOTALLED EUR 72 MILLION FOR FIRST SIX MONTHS.  Full Article

Aareal Bank Upholds Targets As Q1 Operating Profit Slightly Decreased
Thursday, 9 May 2019 

May 9 (Reuters) - Aareal Bank AG ::DGAP-NEWS: AAREAL BANK AG: AAREAL BANK GROUP REMAINS ON COURSE IN THE 2019 FINANCIAL YEAR.FIRST-QUARTER CONSOLIDATED OPERATING PROFIT OF EUR 61 MILLION (Q1 2018: EUR 67 MILLION) FULLY IN LINE WITH PROJECTIONS.NET INTEREST INCOME SLIGHTLY HIGHER YEAR-ON-YEAR - NET COMMISSION INCOME INCREASED FURTHER, THANKS TO GOOD DEVELOPMENT OF SALES REVENUE AT AAREON.FULL-YEAR PROJECTIONS AFFIRMED: AAREAL BANK ANTICIPATES CONSOLIDATED OPERATING PROFIT OF BETWEEN EUR 240 MILLION AND EUR 280 MILLION.CONSOLIDATED NET INCOME ALLOCATED TO ORDINARY SHAREHOLDERS AMOUNTED TO EUR 35 MILLION (Q1 2018: EUR 39 MILLION); EARNINGS PER SHARE AMOUNTED TO EUR 0.59 (Q1 2018: EUR 0.65).ADMINISTRATIVE EXPENSES UP YEAR-ON-YEAR, AS EXPECTED, ALSO DUE TO INTEGRATION OF DÜSSELDORFER HYPOTHEKENBANK.LOSS ALLOWANCE OF EUR 5 MILLION (Q1 2018: EUR 0 MILLION) WAS ONCE AGAIN VERY LOW DURING Q1, THANKS TO SEASONAL FACTORS.BANK WILL ADHERE TO ITS BUSINESS POLICY WITH A STRICT FOCUS ON RISKS AND RETURNS.EXPECTS CONSOLIDATED OPERATING PROFIT FOR CURRENT YEAR TO BE IN A RANGE BETWEEN EUR 240 MILLION AND EUR 280 MILLION.REDUCTION OF NON-STRATEGIC PORTFOLIOS IN STRUCTURED PROPERTY FINANCING SEGMENT WILL CONTINUE DURING 2019.  Full Article

Aareal Bank CEO Says Target 2019 Company Result Of 260 Mln Eur Is "Ambitious Goal"
Wednesday, 27 Feb 2019 

Feb 27 (Reuters) - Aareal Bank AG ::CEO SAYS TARGET FOR 2019 COMPANY RESULT OF 260 MILLION EUROS IS "AMBITIOUS GOAL" ON WHICH WE STILL NEED TO WORK.  Full Article

Aareal Bank Says 2018 Consolidated Operating Profit In Line With Target Range
Wednesday, 27 Feb 2019 

Feb 27 (Reuters) - Aareal Bank AG ::DGAP-NEWS: AAREAL BANK AG: FOLLOWING A POSITIVE PERFORMANCE IN THE 2018 FINANCIAL YEAR AAREAL BANK GROUP EXPECTS LEVEL OF RESULTS TO REMAIN STABLE IN 2019.CONSOLIDATED OPERATING PROFIT IN 2018 IN LINE WITH TARGET RANGE, AT EUR 316 MILLION, INCLUDING NON-RECURRING EFFECT FROM ACQUISITION OF DÜSSELDORFER HYPOTHEKENBANK (DHB).CONSOLIDATED NET INCOME ALLOCATED TO ORDINARY SHAREHOLDERS AFTER TAXES UP BY 9 PER CENT, TO EUR 208 MILLION.DIVIDEND OF EUR 2.10 PER SHARE ENVISAGED; PAYOUT RATIO AT UPPER END OF COMMUNICATED RANGE.STRONG NEW BUSINESS IN STRUCTURED PROPERTY FINANCING: AT EUR 9.5 BILLION.NEW BUSINESS TARGET WAS MARKEDLY EXCEEDED, WITH MARGINS REMAINING STRONG.CREDIT PORTFOLIO GROWS AS PLANNED.CONSOLIDATED OPERATING PROFIT IN 2019 EXPECTED TO BE ROUGHLY IN LINE WITH ADJUSTED 2018'S LEVEL, REACHING EUR 240 MILLION TO EUR 280 MILLION, DESPITE INCREASED GROWTH.NET INTEREST INCOME DECREASED AS PLANNED AND WAS MET BY LOWER LOSS ALLOWANCE.RETURN ON EQUITY, INCLUDING NON-RECURRING ITEM RESULTING FROM DHB AND BEFORE TAXES, WAS 11.6 PER CENT.Q4 OF 2018 CONTRIBUTED EUR 117 MILLION TO CONSOLIDATED OPERATING PROFIT (2017: EUR 66 MILLION).CONSOLIDATED NET INCOME ALLOCATED TO ORDINARY SHAREHOLDERS GENERATED DURING Q4 AMOUNTED TO EUR 91 MILLION (Q4 2017: EUR 44 MILLION).AAREAL BANK GROUP ANTICIPATES A CHALLENGING BUSINESS ENVIRONMENT DURING CURRENT FINANCIAL YEAR.  Full Article

Aareal Bank Says Management Board Plans To Propose Dividend In Amount Of EUR 2.10 Per Share For 2018 Financial Year
Tuesday, 19 Feb 2019 

Feb 18 (Reuters) - Aareal Bank AG ::DGAP-ADHOC: AAREAL BANK AG: MANAGEMENT BOARD PLANS TO PROPOSE A DIVIDEND IN THE AMOUNT OF EUR2.10 PER SHARE FOR THE 2018 FINANCIAL YEAR TO THE ANNUAL GENERAL MEETING.AAREAL BANK AG SAYS MANAGEMENT BOARD PLANS TO PROPOSE A DIVIDEND IN AMOUNT OF EUR2.10 PER SHARE FOR 2018 FINANCIAL YEAR TO ANNUAL GENERAL MEETING.  Full Article

Aareal Bank Buys Market-Leading Online Tenant Deposit Guarantee Broker
Friday, 1 Feb 2019 

Feb 1 (Reuters) - AAREAL BANK AG ::ACQUIRES MARKET-LEADING ONLINE TENANT DEPOSIT GUARANTEE BROKER.ACQUIRED ALL SHARES IN PLUSFORTA GMBH.BOTH PARTIES HAVE AGREED NOT TO DISCLOSE TERMS OF TRANSACTION..DEAL EXPANDS AAREAL BANK GROUP'S RANGE OF PROPERTY INDUSTRY SERVICES.  Full Article

German Verdi Union Demands Pay Rise Of 6 Percent For Bank Employees
Friday, 30 Nov 2018 

Nov 30 (Reuters) - German Verdi: :GERMAN LABOUR UNION VERDI SAYS DEMANDS PAY RISE OF 6 PERCENT AND BETTER WORKING CONDITIONS FOR BANK EMPLOYEES.  Full Article

Aareal Eyes Acquisitions At Aareon Business
Tuesday, 13 Nov 2018 

Nov 13 (Reuters) - Aareal Bank AG ::SAYS CONSIDERING ACQUISITIONS AT AAREON BUSINESS, AIMS TO EXPAND IT.CFO SAYS CAPITAL RATIOS SIGNIFICANTLY ABOVE SREP REQUIREMENTS OF ECB EVEN IN ADVERSE STRESS SCENARIO.  Full Article

Aareal Bank Group Affirms FY Profit Forecast After Q3 Results
Tuesday, 13 Nov 2018 

Nov 13 (Reuters) - Aareal Bank AG ::DGAP-NEWS: AAREAL BANK AG: AAREAL BANK GROUP AFFIRMS ITS FULL-YEAR PROFIT FORECAST, AFTER SUCCESSFUL THIRD-QUARTER RESULTS.Q3 OPERATING PROFIT 70 MILLION EUR VERSUS 82 MILLION EUR YEAR AGO.Q3 EPS 0.70 EUR.CONSOLIDATED OPERATING PROFIT OF EUR 70 MILLION FOR Q3 (Q2 2018: EUR 62 MILLION; Q3 2017: EUR 82 MILLION).RAISED FULL-YEAR EARNINGS GUIDANCE FOR 2018 AFFIRMED.AAREAL BANK ANTICIPATES CONSOLIDATED OPERATING PROFIT OF BETWEEN EUR 312 MILLION AND EUR 352 MILLION.NET INTEREST INCOME AT A SOLID LEVEL.NET COMMISSION INCOME ONCE AGAIN RISES YEAR-ON-YEAR.NEW BUSINESS OF EUR 6.1 BILLION FOR FIRST NINE MONTHS RISES ABOVE SAME PERIOD OF PREVIOUS YEAR.NEW BUSINESS TARGET FOR FULL YEAR RAISED TO BETWEEN EUR 8 BILLION AND EUR 9 BILLION.AAREAL BANK GENERATED CONSOLIDATED OPERATING PROFIT OF EUR 199 MILLION DURING FIRST NINE MONTHS OF THIS YEAR (9M 2017: EUR 262 MILLION, INCLUDING A POSITIVE NON-RECURRING EFFECT AMOUNTING TO EUR 50 MILLION).CONSOLIDATED NET INCOME ALLOCATED TO ORDINARY SHAREHOLDERS OF AAREAL BANK AMOUNTED TO EUR 41 MILLION FOR Q3 (Q3 2018: EUR 47 MILLION).CONTINUES TO EXPECT CLOSING OF ACQUISITION OF DÜSSELDORFER HYPOTHEKENBANK AG TO TAKE PLACE IN CURRENT FINANCIAL YEAR.  Full Article

Aareal Bank Group Reaches Agreement On The Acquisition Of Düsseldorfer Hypothekenbank AG
Tuesday, 11 Sep 2018 

Sept 10 (Reuters) - Aareal Bank AG ::DGAP-ADHOC: AAREAL BANK AG: AAREAL BANK GROUP REACHES AGREEMENT ON THE ACQUISITION OF DÜSSELDORFER HYPOTHEKENBANK AG.PRELIMINARY PURCHASE PRICE IS ABOUT EUR 162 MLN.OPERATING PROFIT FOR 2019 FINANCIAL YEAR WOULD PRESUMABLY BE BURDENED BY THIS TRANSACTION IN A VERY LOW DOUBLE-DIGIT MLN AMOUNT.AAREAL BANK WOULD INCREASE ITS ORIGINAL PROFIT FORECAST FOR 2018 FINANCIAL YEAR.FOR AAREAL BANK, TRANSACTION WOULD LEAD TO A POSITIVE ONE-OFF EFFECT FROM INITIAL CONSOLIDATION IN AMOUNT OF ABOUT EUR 52 MLN.ASSUMING ACQUISITION CLOSING IN 2018 SEE FY CONSOLIDATED OPERATING PROFIT - INCLUDING ONE-OFF EFFECT -TO BE IN RANGE BETWEEN EUR 312 MLN & EUR 352 MLN.ASSUMING ACQUISITION CLOSING IN 2018 SEE FY EPS TO BE IN A RANGE BETWEEN EUR 3.47 AND EUR 3.87.  Full Article

Aareal open to partnership talks for software unit: sources

FRANKFURT German real estate lender Aareal is open to talks with potential buyers of its software business Aareon following calls from an activist investor to consider a sale, people close to the matter said.