The Munich-based DAB Bank Group (DRNG) posted lower IFRS net profit of 3.24 million euros, or 0.04 euros per share, compared with last year's 5.81 million euros, or 0.07 euros per share, with pre-tax profit falling to 4.715 million euros, from 8.51 million euros a year ago.
Quarterly net commission income decreased year-over-year to 20.84 million euros, from 21.08 million euros. Net financial income totaled 10.67 million euros in the recent quarter, down from the prior year's 16.21 million euros.
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