Deutsche Pfandbriefbank AG (WBO:PBB)
€ 5.74 0.01 (0.17%) Market Cap: 772.56 Mil Enterprise Value: 19.02 Bil PE Ratio: 13.26 PB Ratio: 0.23 GF Score: 51/100

Q3 2021 Deutsche Pfandbriefbank AG Earnings Call Transcript

Nov 12, 2021 / NTS GMT
Release Date Price: €11.1 (-1.42%)
Michael Heuber;Rating Agency Relations
Deutsche Pfandbriefbank AG - Head of IR

/

Good morning, and a very warm welcome from Garching. Thank you very much for joining us today and on the occasion of our Q3 results. Here with me is Andreas Arndt, our CEO. Andreas will present the results, and of course, we'll be available for your questions after the presentation. Andreas, please go ahead.

Andreas Arndt
Deutsche Pfandbriefbank AG - Chairman of Management Board, CEO & CFO

Yes. Good morning. Welcome to pbb analyst call on third quarter and 9 months results for 2021. I think the headline is pbb remains well on track, on the successful track. New business volumes have recovered visibly from last year's levels, up by more than 30% year-over-year and is showing solid stable margins. Fourth quarter new business is likely to come in above our previous expectations. The PBT at EUR 72 million in Q3 brings the year-to-date 9 months figure to a strong EUR 186 million, which already reached -- reachers the lower end of our full year guidance, which we raised

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot