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Deutsche Pfandbriefbank AG (PBBG.DE)

PBBG.DE on Xetra

13.46EUR
11 Dec 2017
Change (% chg)

€0.04 (+0.26%)
Prev Close
€13.43
Open
€13.44
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€13.54
Day's Low
€13.40
Volume
304,510
Avg. Vol
353,087
52-wk High
€13.54
52-wk Low
€8.54

Latest Key Developments (Source: Significant Developments)

Deutsche Pfandbriefbank raises FY 2017 PBT guidance
Thursday, 2 Nov 2017 10:19am EDT 

Nov 2 (Reuters) - DEUTSCHE PFANDBRIEFBANK AG ::DGAP-ADHOC: DEUTSCHE PFANDBRIEFBANK AG: PBB RAISES 2017 FULL-YEAR PBT GUIDANCE TO BETWEEN EUR195 MILLION AND EUR200 MILLION.‍PRE-TAX PROFIT FOR FIRST NINE MONTHS TOTALLED EUR154 MILLION​.OUTLOOK 2017: ‍PRE-TAX PROFIT OF BETWEEN EUR195 MILLION AND EUR200 MILLION​.  Full Article

CORRECTED-Deutsche Pfandbriefbank CEO says won't rule out asset purchases
Monday, 14 Aug 2017 04:44am EDT 

Corrects headline, first bullet to show CEO doesn't rule out asset purchases, not asset sales:Says doesn't rule out asset purchases if they create value for shareholders.Asked about possible interest in Deutsche Hypo, says won't take part in speculation.Says has no indication that the German government no longer wants its 20 percent stake.  Full Article

Deutsche Pfandbriefbank CEO says won't rule out asset sales
Monday, 14 Aug 2017 03:00am EDT 

Aug 14 (Reuters) - Deutsche Pfandbriefbank CEO during conference call:Says doesn't rule out asset sales if they create value for shareholders.Asked about possible interest in Deutsche Hypo, says won't take part in speculation.Says has no indication that the German government no longer wants its 20 percent stake.  Full Article

Deutsche Pfandbriefbank now sees FY profit at upper end of range
Monday, 14 Aug 2017 01:48am EDT 

Aug 14 (Reuters) - Deutsche Pfandbriefbank AG :Pre-Tax profit up over Q2 2016, by more than 30% to €56 million.Now expects pre-tax profit to be at the upper end or slightly above the guidance of €150-170 million.Q2 net profit 47 million eur.Q2 pretax profit 56 million eur.In terms of new business, pbb confirmed its guidance of a volume between €10.5-12.5 billion.No longer expects its strategic financing volume to grow markedly, but now anticipates a moderate increase.  Full Article

Deutsche Pfandbriefbank confirms full-year guidance after H1 results
Friday, 12 Aug 2016 01:42am EDT 

Deutsche Pfandbriefbank : Says pre-tax profit for the first half of 2016 within expectations . Says pre-tax profit of 87 million euros ($96.90 million) for the first six months . Says new business of 4.7 billion euros for the first half of 2016 lower than in the same period of the previous year, reflecting a conservative risk approach in a chal-lenging market environment . Says based on new business volumes during h1 now antici-pates full-year volumes to be significantly lower than the previous year's level . Says net interest and commission income totalled 198 million euros, down year-on-year . Says guidance for full-year profit before taxes confirmed . Says is well-capitalised – fully phased-in cet1 ratio rises to 18.4% . Says re-entry into the us real estate market planned for the second half of the year Further company coverage: [PBBG.DE] ($1 = 0.8978 euros) ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article

Deutsche Pfandbriefbank offers to buy back benchmark bond
Monday, 30 May 2016 03:57am EDT 

Deutsche Pfandbriefbank AG : Says to offer to repurchase against cash up to a nominal volume of 500 million euros of its unsecured benchmark bond which was issued in January 2015 .Says to offer rate of 100.54 percent.  Full Article

Deutsche Pfandbriefbank sees 132 mln eur gain from Heta offer
Wednesday, 18 May 2016 03:52am EDT 

Deutsche Pfandbriefbank Ag : Deutsche Pfandbriefbank AG: memorandum of understanding signed for Heta debt securities - positive non-recurring effect of approximately 132 milpbbglion euros ($148.66 million)expected in event of successful implementation . Says Heta offer would result in a non-recurring pre-tax gain of 132 million euros for pbb group, expected to be recognised in 2016 . In march 2016, pbb anticipated slightly lower consolidated profit before taxes (in accordance with IFRS) for 2016, compared to very good figure of 195 million euros for previous year .Expectation already incorporated moderate reversals of loan loss provisions on claims against Heta in amount of around 10 million euros.  Full Article

Austria fin min says content of planned Heta offer not negotiable
Wednesday, 18 May 2016 03:10am EDT 

: Spokesman for umbrella creditor group says majority of Heta [HAABI.UL] investors represented are banks including Commerzbank , Deutsche Pfandbriefbank , Bundesvereinigung der Banken, NordLb, Duesseldorfer Hypothekenbank [DUOG.UL], Muenchener Hypothekenbank,[MNCHY.UL], Dexia Kommunalbank . Austrian Finance Minister Schelling says contents of MoU not negotiable, only thing still lacking is legal mechanism . Spokesman for umbrella group of creditors says we're not happy with planned offer, but majority of us accept it . Spokesman for umbrella group of Heta creditors says overall repayment rate cannot be quantified due to risks regarding changes in interest rate Further company coverage: [HAABI.UL][nL5N18F1DF] (Reporting By Kirsti Knolle, Alexandra Schwarz-Goerlich) ((Shadia.Nasralla@thomsonreuters.com;)).  Full Article

Deutsche Pfandbriefbank Q1 pretax profit 45 mln eur
Thursday, 12 May 2016 01:30am EDT 

Deutsche Pfandbriefbank Ag : Says q1 pre-tax profit of €45 million . Says q1 new business volume remains constant, a high level of €2.9 billion . Says reappointed andreas arndt and thomas köntgen as members of the management board . Says bernhard scholz, on the other hand, will leave the management board at his own request when his contract ends in april 2017 . Says anticipate persistently increasing competitive pressures and very demanding credit markets Further company coverage: [PBBG.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article

Deutsche Pfandbriefbank AG issues 19-year Public Sector Pfandbrief Benchmark
Wednesday, 13 Apr 2016 08:00pm EDT 

Deutsche Pfandbriefbank AG:Successfully issued 500 million euros ($563.05 million) public sector pfandbrief.19-Year pfandbrief benchmark (maturity on 20 April 2035) has longest term ever issued for pfandbrief benchmark.  Full Article

D.Pfandbriefbank profit up on net interest income, low provisions

FRANKFURT, Nov 13 Deutsche Pfandbriefbank reported a third-quarter pre-tax profit of 51 million euros ($59 million) on Monday, up 89 percent after adjusting for a one-off item in the same period a year ago.