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Deutsche Pfandbriefbank AG (PBBG.DE)

PBBG.DE on Xetra

6.32EUR
10 Jul 2020
Change (% chg)

€0.10 (+1.61%)
Prev Close
€6.22
Open
€6.14
Day's High
€6.34
Day's Low
€6.04
Volume
1,138,882
Avg. Vol
1,312,258
52-wk High
€15.74
52-wk Low
€4.95

Latest Key Developments (Source: Significant Developments)

Deutsche Pfandbriefbank To Offer Repurchase Of Mortgage Pfandbrief Benchmark Bond
Wednesday, 10 Jun 2020 

June 10 (Reuters) - Deutsche Pfandbriefbank ::DGAP-ADHOC: DEUTSCHE PFANDBRIEFBANK AG: PBB TO OFFER REPURCHASE OF MORTGAGE PFANDBRIEF BENCHMARK BOND.RESOLVED TO OFFER TO REPURCHASE AGAINST CASH IN A PUBLIC TENDER UP TO A NOMINAL VOLUME OF EUR 250 MILLION OF ITS MORTGAGE PFANDBRIEF BENCHMARK BOND ISIN DE000A1X3LT7.REPURCHASE OFFER IS ONLY VALID OUTSIDE OF UNITED STATES OF AMERICA.  Full Article

Property lender PBB says Q1 net profit down 95% due to COVID-19
Wednesday, 13 May 2020 

May 13 (Reuters) - Deutsche Pfandbriefbank AG ::SAYS Q1 NET PROFIT AT 2 MILLION EUR (VERSUS 40 MILLION YEAR-EARLIER).PBB SAYS ROE AT -0.3%.PBB SAYS CET1 RATIO AT 16.3%.PBB SAYS Q1 RISK PROVISIONS AT 34 MILLION EUR, THEREOF 32 MILLION INDUCED BY COVID-19 PANDEMIC.PBB SAYS WIDENED CREDIT SPREADS HAVE TURNED NET INCOME FROM FAIR VALUE MEASUREMENT NEGATIVE -17 MILLION EUR, OF WHICH 13 MILLION WAS ATTRIBUTABLE TO COVID-19.PBB SAYS BANK EXPECTS STABLE OPERATING PERFORMANCE IN TERMS OF NET INTEREST INCOME AND GENERAL AND ADMINISTRATIVE EXPENSES FOR 2020.PBB SAYS CHANGED SITUATION ON REAL ESTATE MARKETS DURING Q1 DUE TO COVID-19 DID NOT YET HAVE MATERIAL IMPACT ON NEW BUSINESS VOLUME IN COMMERCIAL REAL ESTATE FINANCE.  Full Article

Deutsche Pfandbriefbank withdraws 2020 forecast on COVID-19 pandemic
Monday, 4 May 2020 

May 4 (Reuters) - Deutsche Pfandbriefbank AG ::DGAP-ADHOC: DEUTSCHE PFANDBRIEFBANK AG: PBB WITHDRAWS FORECAST FOR THE 2020 FINANCIAL YEAR.SAYS AGAINST BACKGROUND OF COVID-19 PANDEMIC, MANAGEMENT BOARD OF DEUTSCHE PFANDBRIEFBANK AG (PBB) RESOLVED TODAY TO WITHDRAW FORECAST FOR 2020 FINANCIAL YEAR.SAYS PBB WILL RECOGNISE NET RISK PROVISIONS OF EUR -34 MILLION FOR Q1 OF 2020 (Q1 2019: EUR -1 MILLION).SAYS PBB'S PRE-TAX PROFIT FOR Q1 OF 2020 WILL THUS DECLINE TO EUR 2 MILLION (Q1 2019: EUR 48 MILLION).  Full Article

Deutsche Pfandbriefbank Sees Lower Pretax Profit At 180-200 Mln Eur In 2020
Wednesday, 4 Mar 2020 

March 4 (Reuters) - Deutsche Pfandbriefbank AG ::INCREASES PRE-TAX PROFIT TO € 216 MILLION.PRE-TAX RESULT OF € 216 MILLION WAS SLIGHTLY ABOVE THE PREVIOUS YEAR'S FIGURE (2018: € 215 MILLION).INCREASED ITS INTEREST AND COMMISSION INCOME, WHICH ROSE TO € 464 MILLION (2018: € 456 MILLION).OPERATING INCOME OVERALL ALSO INCREASED SIGNIFICANTLY TO € 505 MILLION (2018: € 471 MILLION).PLANS TO PROPOSE A DIVIDEND OF € 0.90 PER DIVIDEND-BEARING SHARE TO THE ANNUAL GENERAL MEETING.SEES 2020 PRE TAX PROFIT OF 180-200 MILLION EUR.  Full Article

Deutsche Pfandbriefbank Reports Q3 Net Income Of €56 Mln
Monday, 11 Nov 2019 

Nov 11 (Reuters) - Deutsche Pfandbriefbank AG ::Q3 OPERATING INCOME OF 133 MILLION EUR.Q3 NET INCOME OF 56 MILLION EUR.Q3 NET INTEREST INCOME OF 112 MILLION EUR.CONFIRMS Q3 PRETAX PROFIT OF 70 MILLION EUR.  Full Article

Deutsche Pfandbriefbank Raises 2019 Guidance
Thursday, 7 Nov 2019 

Nov 7 (Reuters) - DEUTSCHE PFANDBRIEFBANK AG ::DGAP-ADHOC: DEUTSCHE PFANDBRIEFBANK AG: PBB RAISES GUIDANCE FOR THE FULL YEAR 2019, TO A PRE-TAX PROFIT BETWEEN EUR205 MILLION AND EUR215 MILLION.GIVEN PERSISTENT ECONOMIC UNCERTAINTY, BANK ANTICIPATES ADJUSTING RISK PROVISIONING.IN LINE WITH Q4 OF PREVIOUS YEAR - REGULATORY AND INVESTMENT-RELATED EXPENSES WILL INCREASE.  Full Article

Deutsche Pfandbriefbank Sees 2019 Pre-Tax Profit At Upper End Of 170-190 Mln Eur
Friday, 28 Jun 2019 

June 28 (Reuters) - Deutsche Pfandbriefbank AG ::TRUSTEE APPOINTED EXPERT FOR SECURITIZATION TRANSACTION ESTATE UK-3 FOUND ALLOCATION OF FULL AMOUNT OF A CREDIT LOSS OF GBP 113.8 MILLION PERMISSIBLE.LOSS ALLOCATION LEADS TO A CORRESPONDING REDUCTION OF REPAYMENTS UNDER CREDIT LINKED NOTES.EXPERT THEREBY FULLY AFFIRMED POSITION OF DEUTSCHE PFANDBRIEFBANK AG (PBB), ISSUER OF UK-3.PBB WILL ALLOCATE LOSS TO CREDIT LINKED NOTES AT EARLIEST POSSIBLE DATE, WHICH IS 20 SEPTEMBER 2019.WITH LOSS BEING ALLOCATED TO CREDIT LINKED NOTES, THERE WILL BE NO NEGATIVE IMPACT ON PBB'S RESULTS.DUE TO THE SOUND BUSINESS PERFORMANCE IN THE FIRST HALF OF 2019, PBB NOW ENVISAGES A PRE-TAX PROFIT FOR THE FINANCIAL YEAR 2019 (IFRS, GROUP) AT THE UPPER END OF THE COMMUNICATED GUIDANCE OF EUR 170-190 MILLION OR SLIGHTLY ABOVE.  Full Article

Deutsche Pfandbriefbank Confirms 2019 Guidance after Q1 Results
Monday, 13 May 2019 

May 13 (Reuters) - Deutsche Pfandbriefbank AG ::Q1 PRE-TAX PROFIT UNCHANGED AT 48 MILLION EUR.Q1 NET INTEREST INCOME UP MORE THAN 8% TO 116 MILLION EUR.Q1 NEW COMMERCIAL REAL ESTATE FINANCE BUSINESS UP 12% TO 1.9 BILLION EURO.Q1 OPERATING INCOME 119 MILLION EUR.STRUCTURE OF NEW COMMERCIAL REAL ESTATE FINANCE BUSINESS IMPACTS Q1 MARGINS.CONFIRM GUIDANCE FOR FINANCIAL YEAR 2019, WITH PRE-TAX PROFIT OF 170-190 MILLION EUR.BASED ON DIFFERENT MIX IN NEW BUSINESS, WE EXPECT MARKED IMPROVEMENT IN NEW BUSINESS MARGINS IN Q2.  Full Article

Deutsche Pfandbriefbank To Pay Dividends Without Tax Deduction For Next Five To Seven Years
Tuesday, 16 Apr 2019 

April 16 (Reuters) - DEUTSCHE PFANDBRIEFBANK AG ::EXPECTED TO PAY ITS DIVIDENDS WITHOUT TAX DEDUCTION FOR THE NEXT FIVE TO SEVEN YEARS.  Full Article

BRIEF-Deutsche Pfandbriefbank Says Its Management And Supervisory Board Would Review ECB's Announcement On Dividends And Make A Decision Soon

* DEUTSCHE PFANDBRIEFBANK SAYS ITS MANAGEMENT AND SUPERVISORY BOARD WOULD REVIEW ECB'S ANNOUNCEMENT ON DIVIDENDS AND MAKE A DECISION SOON Source text for Eikon: Further company coverage: