Baader Bank Reports Strong Increase in Pre-tax Earnings

Company Highlights Record Growth Despite Economic Challenges

Key Performance Indicators Showcase Financial Strength and Resilience

Baader Bank, a leading German investment bank, has announced a significant increase in its pre-tax earnings for the past financial year. Despite the ongoing economic challenges, the bank reported a remarkable growth of 36.9% in its pre-tax result, reaching €100.6 million. This impressive performance reflects the bank's continued focus on innovation, client service, and risk management.

Baader Bank's success is attributed to a number of factors, including the expansion of its product offerings, particularly in the areas of equity and fixed income trading. The bank also benefited from increased client activity and a strong performance in its asset management business.

The bank's financial strength is further evidenced by its solid capital position, with a Common Equity Tier 1 ratio of 12.1%, well above regulatory requirements. Baader Bank's liquidity position also remains robust, with a loan-to-deposit ratio of 72.7%. This financial strength provides the bank with a strong foundation for future growth.

CEO Nico Baader expressed his satisfaction with the bank's performance, stating, "Our strong results are a testament to the hard work and dedication of our employees. By staying true to our client-centric approach and investing in our digital capabilities, we have been able to navigate the challenges of the past year and emerge as a stronger bank."

Baader Bank's impressive financial performance has been recognized by industry experts. The bank was recently named "Best Bank for Equity Research" in Germany by the German Equity Research Awards 2023. This award highlights the bank's commitment to providing high-quality research and analysis to its clients.

As Baader Bank looks ahead, the bank remains optimistic about the future. The bank plans to continue investing in growth initiatives, including the expansion of its international presence and the development of new products and services. Baader Bank is confident that these investments will drive further growth and create value for its shareholders.