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Cembra Money Bank AG (CMBN.S)

CMBN.S on Swiss Exchange

91.85CHF
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CHF0.65 (+0.71%)
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Volume
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CHF92.80
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CHF73.05

Latest Key Developments (Source: Significant Developments)

Cembra Money ‍H1 net income at CHF 69.4 mln
Tuesday, 25 Jul 2017 01:01am EDT 

July 25 (Reuters) - CEMBRA MONEY BANK AG ::‍NET INCOME OF CHF 69.4 MILLION IN FIRST HALF-YEAR 2017​.H1 ‍NET REVENUES DECREASED BY 3% TO CHF 192.3 MILLION​.H1 ‍NET INTEREST INCOME DECLINED BY 8% TO CHF 138.6 MILLION​.‍CONFIRMS ORIGINAL GUIDANCE PROVIDED IN FEBRUARY 2017​.H1 ‍NET INCOME OF CHF 69.4 MILLION AFTER TAX OR CHF 2.46 PER SHARE​.  Full Article

Cembra FY 2016 net revenues up by 1 pct to CHF 394.0 mln
Thursday, 23 Feb 2017 01:00am EST 

Cembra Money Bank AG : Achieved in 2016 a net income of 143.7 million Swiss Francs ($142.23 million) or 5.10 Swiss Francs earnings per share . A total dividend distribution of 4.45 francs will be proposed to the general meeting including an extraordinary dividend of 1.00 franc . 2016 net revenues increased by 1 percent to 394.0 million francs compared to 388.7 million francs in 2015 . 2016 net interest income, which accounts for 76 percent of net revenues, declined 1 percent to 297.7 million francs, translating into a net interest margin of 7.2 percent . 2017 net revenue is expected to slightly decrease due to the reduction in net interest income, following the introduction of the rate caps in July 2016 . 2017 net revenue decrease is expected to be partially offset by increase in fee and commission income on the back of the continued growth of the credit card business . FY loss performance is expected to be in line with prior years .Is expecting earnings per share of between 4.70 francs and 5.00 francs for the financial year of 2017.  Full Article

Cembra Money Bank buys invoice financing provider SWISSBILLING SA
Friday, 17 Feb 2017 01:06am EST 

Cembra Money Bank AG : Acquires invoice financing provider SWISSBILLING SA . Transaction consideration was below 10 million Swiss francs ($10.02 million) and is expected to have a negative impact of 0.1 percent on group's CET1 ratio as at closing .Transaction is expected to close within Q1 of 2017.  Full Article

Cembra Money Bank and Migros extend their partnership until 2022
Friday, 18 Nov 2016 01:00am EST 

Cembra Money Bank AG : Cembra Money Bank and Migros extend their partnership until 2022 .Both parties have agreed to keep details of this agreement, which also comprise modifications as a consequence of recent changes in the regulatory environment, confidential.  Full Article

Cembra Money Bank H1 net revenues up 4 pct to CHF 197.4 mln
Thursday, 18 Aug 2016 01:01am EDT 

Cembra Money Bank AG : For first half-year 2016 Cembra Money Bank reports a 3 percent increase in net income to 71.8 million Swiss francs ($74.70 million) . H1 net revenues increased by 4 percent to 197.4 million francs compared to first half-year 2015 . H1 net interest income, which accounts for 76 percent of net revenues, was up 2 percent to 150.3 million francs . H1 commissions and fee income, which contributes 24 percent to net revenues, was up 10 percent to 47.1 million francs . For full-year 2016, interest income in personal loans business is expected to decline as a result of interest rate cap effective since July 2016 . For loan loss provisions a stable development is foreseen and loss rate is expected to be in line with prior years' performance. Costs are expected to increase slightly for 2016 .Expects expects earnings per share (EPS) at higher end of guided range of between 4.80 and 5.10 francs for full-year 2016.  Full Article

Cembra Money Bank says Rémy Schimmel appointed new CFO
Thursday, 31 Mar 2016 11:35am EDT 

Cembra Money Bank AG:Rémy Schimmel new Chief Financial Officer (CFO) of Cembra Money Bank.Rémy Schimmel will assume position of new CFO by 1 October 2016 at latest and will become a member of bank's management board.  Full Article

Cembra Money Bank comments on FY 2016 outlook, proposes dividend of CHF 3.35
Tuesday, 23 Feb 2016 01:00am EST 

Cembra Money Bank AG:‍Is expecting reported earnings per share of between 4.80 and 5.1010 francs for FY 2016​.FY 2016 ‍loan loss provisions are expected to be in line with prior years' performance​.Board of Directors will propose an 8  pct, or 25 cents, higher dividend per share of CHF 3.35.  Full Article

Swiss stocks - Factors to watch on Oct 11

ZURICH, Oct 11 The Swiss blue-chip SMI was seen opening 0.1 percent firmer at 9,277 points on Wednesday, according to premarket indications by bank Julius Baer.