Compare Annuities  

Get latest annuity rates now

Free Pension Healthcheck  

Get a free online consultation now

Tag Archive: profits

  • BayernLB reports strong 2012 results

    BayernLB Group has reported its financial results for 2012, including pre-tax earnings (IFRS) of €676m, a 91% rise compared to 2011. Earnings from core business activities also increased from one year to the next, rising by €131m to €935m. The … Read more »

  • HVB reports rising annual profits

    HypoVereinsbank (also known as UniCredit Bank AG) has reported its financial results for 2012, including pre-tax profits of €2,058m. This is a 27.4% (€443m) improvement on the €1,615m it made in 2011. Annual consolidated profit after income tax was €1,287m, … Read more »

  • DZ BANK reports 2012 results

    The DZ BANK Group has reported its preliminary financial results for 2012, including pre-tax profits of €1.32bn. This is approximately a fourfold increase from the previous year, when the firm made €324m. The Tier 1 capital ratio rose, year-on-year, from … Read more »

  • Legal & General reports 26% annuity sale rise

    Legal & General Group plc has reported its preliminary financial results for 2012, including profits after tax of £801m, up from £721m. The firm also reported that individual annuity sales increased by more than a quarter (26%) to £132m. Annual … Read more »

  • Old Mutual reports rising profits in 2012

    Old Mutual has reported its preliminary results for the 12 months ended 31 December 2012. During the year the firm made adjusted pre-tax operating profits of €1.6bn, an 18% rise from the previous year. Total profit after tax (attributable to … Read more »

  • Erste Bank reports annual profits

    Erste Group has reported its financial results for 2012, including net profit (after minorities) of €483.5m. The firm’s annual profits come despite net negative one-off effects totalling €360.7m. Operating income for the year fell by 3.3% to €7.23bn, and risk … Read more »

  • Allianz Life reports falling annuity sales

    Allianz Life Insurance Company of North America has reported its results for the 2012 financial year, including operating profits of $586m. This is 37% better than the previous year when the firm made operating profits of $428m. However, the year … Read more »

  • ATB reports rising profits

    Canadian institution ATB Financial has released its financial results for the third quarter ended 31 December 2012. Net income for the quarter was $58.3m, a 25% ($11.7m) increase on the corresponding period last year. Total quarterly operating income was $307.1m, … Read more »

  • AFG Q3 and 9M profits on the rise

    Alliance Financial Group Berhad (AFG) has reported its financial results for the nine months ended 31 December 2012, during which it made a net profit after tax of RM399.3m. This is an increase of 4.9% on the net profit that … Read more »

  • Sberbank reports good start to 2013

    Russian financial institution Sberbank has reported its financial results for the first month of 2013, in accordance with its own internal methodology. Net interest income rose by 19.1% year-on-year, with net fee and commission income up by 12.5% on the … Read more »

  • Commerzbank results hit by extraordinary charges

    Commerzbank has reported its financial results for 2012, which include a net profit for the year of just €6m, compared to 2011′s €638m. Adjusted for extraordinary charges annual net profit would have come to €990m, and the annual operating profit … Read more »

  • ANZ quarterly profits on the rise

    Australia and New Zealand Banking Group Limited (ANZ) has reported that in the three months ended 31 December 2012 it made an unaudited cash profit of $1.53bn. This is a 6.2% rise compared to the corresponding period last year ($1.44bn), … Read more »

  • KBC reports rising annual profits

    KBC has reported that in the last three months of 2012 it made a net profit of €240m, less than half the €531m it made in the preceding quarter and just over half the €437m it made during the corresponding … Read more »

  • BNP Paribas reports annual profits

    French bank BNP Paribas has reported its financial results for the full-year and fourth quarter of 2012. Annual revenues fell by 7.8% to €39bn, including a number of significant one-off items the combined effect of which was to reduce revenue … Read more »

  • Commonwealth Bank reports rising biannual profits

    The Commonwealth Bank of Australia has reported its biannual financial results, which include statutory net profits after tax of $3.66bn for the six months ended 31 December 2012. This represents a marginal improvement of 1% on the corresponding period last … Read more »

  • ING reports Q4 and annual profits

    Dutch bank ING has reported its financial results for 2012, including annual net profits of €3.89bn, equating to €1.03 per share. In the fourth quarter the firm made net income of €1.43bn (€0.38 per share). This is more than twice … Read more »

  • Lazard reports quarterly and full-year results

    Lazard Ltd has reported its financial results for the fourth quarter and full-year 2012, including annual adjusted net income of $195m, equating to $1.44 per diluted share. This excludes pre-tax charges of $103m relating to cost saving initiatives in Q4 … Read more »

  • Danske Bank reports rising profits

    Danske Bank, Denmark’s largest bank, has reported its financial results for 2012, including net profits of DKK4.7bn, equating to €636.6m, a rise of DKK3bn from 2011. Annual pre-tax profits came to DKK8.6bn, or €1,148.5m, with total income rising by 10% … Read more »

  • Credit Suisse returns to the black in Q4

    Credit Suisse has reported its financial results for the fourth quarter and full-year 2012. In the fourth quarter of 2012 the firm made core pre-tax income of CHF596m, net income attributable to shareholders of CHF397m and return on equity of … Read more »

  • DIB reports rising annual profits

    Dubai Islamic Bank (DIB) has reported its financial results for 2012, including a net profit of AED1.19bn, an improvement of 13% on last year’s AED1.05bn. DIB’s total assets at the end of the year were AED95.4bn, up 5.3% from the … Read more »