The Munich-based DAB bank Group (DRNG: Quote) said its second-quarter 2012 pre-tax profit grew substantially, by 20%, to 7.49 million euros from 6.24 million euros in the year-ago period. Net profit after taxes amounted to 5.20 million euros, versus 4.35 million euros in 2011.
On a per share basis, earnings for the latest quarter remained unchanged at 0.06 euros.
Quarterly net commission income declined to 16.70 million euros from 19.74 million euros last year.
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by RTT Staff Writer
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