DGAP-Ad-hoc: Deutsche Pfandbriefbank AG / Key word(s): Annual Results Deutsche Pfandbriefbank AG: pbb exceeds analysts' expectations with preliminary pre-tax profit of EUR154 million for 2020 (consolidat-ed figures in accordance with IFRS) 26-Feb-2021 / 13:57 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. =---------------------------------------------------------------------------------------------------------------------- Deutsche Pfandbriefbank AG (pbb) closed the financial year 2020 with a pre-tax profit of EUR154 million (unaudited consolidated figures in accordance with IFRS) as per its preliminary results, exceeding analysts' expectations in the consensus. In mid-December 2020, the ECB issued a recommendation that banks under its supervision should limit their dividend payments made before September 30, 2021. Based on good 2020 results and subject to ECB's approval and requirements, the Management and Supervisory Boards of pbb will propose to shareholders to distribute a dividend of EUR0.26 EUR per dividend-bearing share, which is the maximum amount under ECB's present recommendation. Should the ECB allow for higher distributions after 30 September 2021, pbb will consider whether further dividend payments will be possible. Contact: Walter Allwicher Managing Director, Communications +49 (0) 89 2880 28 787 =---------------------------------------------------------------------------------------------------------------------- 26-Feb-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de =---------------------------------------------------------------------------------------------------------------------- Language: English Company: Deutsche Pfandbriefbank AG Parkring 28 85748 Garching Germany Phone: +49 (0) 89 2880 28 201 Fax: +49 (0) 89 2880 22 28 201 E-mail: info@pfandbriefbank.com Internet: http://www.pfandbriefbank.com ISIN: DE0008019001, Die internationalen Wertpapierkennnummern (ISIN) weiterer von der Deutsche Pfandbriefbank AG ausgegebener Finanzinstrumente sind abrufbar auf der Website der Deutsche Pfandbriefbank AG unter https://www.pfandbriefbank.com/investoren/pflichtveroeffentlichungen/ad-hoc-mitteilungen/ liste-weiterer-finanzinstrumente.html. The International Securities Identification Numbers (ISINs) of further, financial instruments issued by Deutsche Pfandbriefbank AG are available on Deutsche Pfandbriefbank's Investor Relations website under https://www.pfandbriefbank.com/en/investors/ mandatory-publications/ad-hoc-announcements/list-of-further-financial-instruments.html WKN: 801900 Indices: SDAX Listed: Regulated Market in Frankfurt (Prime Standard), Munich, Stuttgart; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover; London, Dublin, Mailand, Paris, Luxembourg Stock Exchange, SIX EQS News ID: 1171577 End of Announcement DGAP News Service =------------
1171577 26-Feb-2021 CET/CEST
(END) Dow Jones Newswires
February 26, 2021 07:59 ET (12:59 GMT)