Quick Facts
FONT-SIZE Plus   Neg
Share SHARE
mail  E-MAIL

DAB Bank Q2 Profit Up - Quick Facts

RELATED NEWS
Trade DRNG now with 
7/31/2012 1:55 AM ET

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.

Click here to receive FREE breaking news email alerts for DAB Bank AG and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
China Manufacturing Contraction Deepens In June
China's manufacturing activity contracted at a faster pace in June, reducing the prospects of a promising economic recovery, preliminary results of a survey by Markit Economics and HSBC revealed Thursday. The flash manufacturing purchasing managers' index fell to 48.3 in June from 49.2 in May. The index is now at its lowest level in nine months.
King Makes Last Plea For Stimulus Before Entrusting BoE To Carney's 'Safe Hands'
Bank of England Governor Mervyn King made a last but strong call for expanding stimulus for the British economy in his final Mansion House speech on Wednesday even as he left some "unfinished business" in the banking sector for the next chief Mark Carney to complete. King will step down by end-June after ten years at the helm. Carney will assume office from July 1.
Red Hat Results Edge Past Estimates
Red Hat Inc., the world's largest seller of Linux software, said Wednesday after the markets closed that its first quarter profit rose 8% from last year, as revenue increased 15% amid strong consumer demand. The company's quarterly earnings per share, excluding items, also came in above analysts' expectations as did its quarterly revenue.
FREE Newsletters & Alerts
Breaking News Alerts
Daily Market Briefing
Health
Technology
Biotechnology
signup

Follow RTT
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.
[X]
Copyright © 2013 RTTNews. All rights reserved. By using this site, you agree to the Terms of Service.
Privacy   |   Feedback   |   Sitemap