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Cembra Money Bank AG (CMBN.S)

CMBN.S on Swiss Exchange

79.90CHF
24 May 2018
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Latest Key Developments (Source: Significant Developments)

Cembra Money Bank: Niklaus Mannhart Appointed Chief Operating Officer
Friday, 27 Apr 2018 01:00am EDT 

April 27 (Reuters) - CEMBRA MONEY BANK AG ::NIKLAUS MANNHART APPOINTED CHIEF OPERATING OFFICER OF CEMBRA MONEY BANK .  Full Article

Cembra Money Bank Signs Partnership With Startup Lendico Schweiz
Wednesday, 28 Mar 2018 01:06am EDT 

March 28 (Reuters) - CEMBRA MONEY BANK AG ::SIGNS PARTNERSHIP WITH STARTUP LENDICO SCHWEIZ AG.LONG TERM AGREEMENT TO FINANCE SMALL BUSINESS LOANS SOURCED VIA LENDICO ONLINE PLATFORM.TRANSACTION IS EXPECTED TO BE EPS ACCRETIVE IN 2019 AND BEYOND.  Full Article

Cembra Money Bank Sees EPS for 2018 Between CHF 4.80 And CHF 5.10
Friday, 16 Mar 2018 02:12am EDT 

March 16 (Reuters) - CEMBRA MONEY BANK AG ::PROPOSES ORDINARY DIVIDEND OF CHF 3.55 PER SHARE.OUTLOOK 2018: SEES EARNINGS PER SHARE BETWEEN CHF 4.80 AND CHF 5.10.OUTLOOK 2018: LOSS PERFORMANCE IS EXPECTED TO BE IN LINE WITH PRIOR YEARS.  Full Article

Cembra Money Bank Net Income Of CHF 144.5 Million For 2017
Thursday, 22 Feb 2018 01:01am EST 

Feb 22 (Reuters) - CEMBRA MONEY BANK AG ::NET INCOME OF CHF 144.5 MILLION FOR 2017.PROPOSAL FOR AN ORDINARY DIVIDEND PER SHARE OF CHF 3.55 VERSUS. CHF 3.45 LAST YEAR.FY NET REVENUES INCREASED BY 1 % TO CHF 396.3 MILLION.FY NET INTEREST INCOME, DECLINED 5 % TO CHF 283.6 MILLION.FY COMMISSION AND FEE INCOME GREW 17 % TO CHF 112.7 MILLION.  Full Article

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

BRIEF-Cembra Money Bank: Niklaus Mannhart Appointed Chief Operating Officer

* NIKLAUS MANNHART APPOINTED CHIEF OPERATING OFFICER OF CEMBRA MONEY BANK Source text for Eikon: Further company coverage: (Gdynia Newsroom)