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Aareal Bank AG (ARLG.DE)

ARLG.DE on Xetra

36.90EUR
28 Apr 2017
Change (% chg)

€0.35 (+0.97%)
Prev Close
€36.54
Open
€36.58
Day's High
€37.10
Day's Low
€36.51
Volume
352,859
Avg. Vol
328,207
52-wk High
€38.95
52-wk Low
€25.88

Latest Key Developments (Source: Significant Developments)

Aareal Bank says raises 2017 outlook, shares rise
Thursday, 20 Apr 2017 10:06am EDT 

April 20 (Reuters) - Aareal Bank AG :dgap-adhoc: Aareal bank group: reversal of provisions set aside within the scope of the acquisition of corealcredit bank AG.Raises its consolidated operating profit forecast for current year from between eur 260 and eur 300 million to a range between eur 310 to eur 350 million.Earnings per share forecast for 2017 financial year is raised from between eur 2.45 and eur 2.90 to eur 2.85 and eur 3.30.Shares extend gains, now up 1.5 percent after raises outlook.  Full Article

Aareal Bank heads for year-on-year rise in Q1 new business - CEO
Thursday, 23 Feb 2017 06:35am EST 

Aareal Bank CEO : Says it looks like new business in Q1 will be better than a year earlier . Says doesn't believe company needs to increase further Tier 1 ratio of 15.7 percent . Says would be able to fulfil Basel IV from day one, even without fresh capital Further company coverage: [ARLG.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article

Aareal Bank sees 2017 operating profit of 260-300 mln euros
Thursday, 23 Feb 2017 01:00am EST 

Aareal Bank AG : Says posts very good results for the financial year 2016 - proposes dividend increase from eur 1.65 to eur 2.00 per share . FY operating profit 366 million eur . Says net income of eur 234 million (2015 adjusted: eur 224 million) . Says new business of eur 9.2 billion remains on a high level - stable margins, thanks to flexible allocation of new business to attractive markets . Says expects consolidated operating profit to remain strong, in a demanding environment . Says sees 2017 consolidated net interest income declining to between eur 620 million and eur 660 million .Says expects good consolidated operating profit in a range between eur 260 million and eur 300 million.  Full Article

Aareal Bank Q2 oper profit rises 52 pct to 120 mln euros
Thursday, 11 Aug 2016 01:04am EDT 

Aareal Bank Ag : news: aareal bank group remains on course during the second quarter of 2016 (news with additional features) . New structured property financing business amounts to eur 3.5 billion during q2 - nearly four times previous quarter's figure . Aareal bank group remains on course during q2 of 2016 . Consolidated operating profit of eur 120 million for period between april and june . Full-Year outlook for 2016 affirmed: aareal bank anticipates consolidated operating profit of between eur 300 million and eur 330 million Further company coverage: [ARLG.DE] (Frankfurt Newsroom) ((Frankfurt.newsroom@thomsonreuters.com; +49 7565 1272;)).  Full Article

Aareal Bank not hit by low interest rates in 2016 - CEO
Tuesday, 10 May 2016 05:00am EDT 

Aareal Bank AG CEO : Says sees no negative impact from low interest rates in 2016 Further company coverage: [ARLG.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article

Aareal Bank AG issues FY 2016 outlook in line with analysts' estimates
Thursday, 25 Feb 2016 01:00am EST 

Aareal Bank AG:Plans to achieve consolidated operating profit of between 300 million and 330 million euros for FY 2016.FY 2016 operating profit 320.00 million euros - Thomson Reuters I/B/E/S.  Full Article

Aareal Bank AG to propose FY 2015 dividend
Wednesday, 24 Feb 2016 12:15pm EST 

Aareal Bank AG:Plans dividend of 1.65 euros per share for 2015 financial year​.For financial years 2016 until 2018 it is planned to add supplementary dividend, increasing from 10 pct to between 20 and 30 pct of EPS, respectively​.  Full Article

Aareal Bank sells property company in Sweden; raises FY 2015 operating profit outlook
Tuesday, 8 Dec 2015 07:00pm EST 

Aareal Bank AG:Sells property company in Sweden.Slightly raises guidance for full FY 2015's consolidated operating profit, thanks to positive impact on earnings.Slightly increases its consolidated operating profit forecast for full FY 2015, from between 450 million to 460 million euros, to between 460 million and 470 million euros.  Full Article

Aareal Bank AG raises FY 2015 outlook
Tuesday, 10 Nov 2015 01:00am EST 

Aareal Bank AG:Now anticipates FY 2015 consolidated operating profit in range between 450 million and 460 million euros.Previously expected consolidated operating profit of between 400 million euros and 430 million euros (including negative goodwill) in FY 2015.FY 2015 operating profit 295.33 million euros - Thomson Reuters I/B/E/S.  Full Article

Aareal Bank says CEO Wolf Schumacher leaves by mutual consent
Thursday, 17 Sep 2015 08:25am EDT 

Aareal Bank AG:Previous Chairman of Management Board, Wolf Schumacher, retires from Management Board, by amicable and mutual consent.With immediate effect, Supervisory Board appointed former Deputy Chairman of Management Board and Chief Financial Officer, Hermann J. Merkens, as his successor.  Full Article

More From Around the Web

Fitch Affirms Aareal Bank at 'BBB+'; Outlook Stable

(The following statement was released by the rating agency) FRANKFURT/LONDON, March 24 (Fitch) Fitch Ratings has affirmed Aareal Bank AG's Long-Term Issuer Default Rating (IDR) and senior debt ratings at 'BBB+'. The Viability Rating (VR) has been affirmed at 'bbb+. The Outlook on the Long-Term IDR is Stable. A full list of rating actions is at the end of this commentary. KEY RATING DRIVERS - IDRs, VR, AND SENIOR DEBT RATINGS Aareal's IDRs and senior debt ratings are driven by the bank's stand