Diversified Financial Services
Company Overview of Deutschen Apotheker- und Ärztebank eG
Deutsche Apotheker- und Ärztebank eG provides various banking services for the health care sector in Germany. It offers demand, savings, and term deposits; various loans; and investment and private, business start-up, and real estate financing services. The company also provides investment, financial and advisory, asset management, and insurance brokerage services. It serves self-employed or salaried health care professionals, including pharmacists, physicians, dentists, and veterinarians; students with specialization in the fields of pharmacy, medicine, dentistry, and veterinary medicine; medical-sector clients, such as non-medical practitioners, dental technicians, and psychotherapists; as...
Founded in 1902
Key Executives for Deutschen Apotheker- und Ärztebank eG
Director of Sales Retail Clients and Director
Head of Committees Service
Co-Head of Central Business Partner Management
Compensation as of Fiscal Year 2015.
Deutschen Apotheker- und Ärztebank eG Key Developments
Deutsche Apotheker- und Ärztebank Reports Earnings Results for the First Six Months of 2015; Provides Earnings Guidance for 2015
Aug 29 15
Deutsche Apotheker- und Ärztebank reported earnings results for the first six months of 2015. For the period, the company achieved a net profit after tax of €27.4 million, an increase on the previous year’s figure of €24.9 million. The operating result amounted to €88.2 million, 10.4% up year on year of €79.9 million. Due to persistently low interest rates, net interest income, at €359.8 million, was below the previous year’s level, as expected of €379.5 million. The operating profit before risk provisioning amounted to €187.4 million – this was below the previous year’s figure, as expected of 203.5 million.
The company expects its business to continue to develop positively in the second half of 2015. Overall, it plans to achieve a net profit above that of the previous year and to be able to pay out a stable dividend while at the same time making allocations to its reserves.
Deutschen Apotheker- und Ärztebank eG Provides Dividend Guidance
Aug 29 15
Deutschen Apotheker- und Ärztebank eG announced that it expected to be able to pay out a stable dividend while at the same time making allocations to its reserves.
Deutsche Apotheker- und Ärztebank Reports Earnings Results for the Year 2014; Provides Earnings Guidance for the Year 2015; Proposes Dividend for the Year 2014
Apr 23 15
Deutsche Apotheker- und Ärztebank reported earnings results for the year 2014. In the 2014 financial year, the company generated a profit before tax of €133.8 million, thus exceeding the previous year’s figure of €89.3 million. Net profit after tax also rose significantly to €54.5 million from €47.4 million reported last year. The operating result (profit before risk provisioning) rose 7.1% to €337.1 million from €314.8 million reported last year. In spite of the current phase of historically low interest rates, the company generated net interest income of €698.3 million, slightly up on the previous year’s level of €679.2 million. Net profit increased significantly 15.1% to €54.5 million against €47.4 million reported last year.
The company forecasts a slight increase in net profit for 2015.
The Bank will again propose a dividend of 4% at the Annual General Meeting.
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