apoBank again with continuous earnings growth in 2004 after preliminary figures


apoBank achieved - after preliminary figures - a profit before risk provision of EUR 234.1 m. This is an increase of 14.9% compared to the previous year. Net income after taxes improved 25.1% to a total of EUR 89.6 m.

Net interest income increased 11.7% to a total of EUR 446.2 m in fiscal year 2004. Net commission income was EUR 90.7 m and therewith 13.2% above previous year's level. Cost/income ratio improved again in fiscal year 2004 and is at 57.9%.

A more detailed overview about the preliminary figures can be found on our investor relations webpages in the financial highlights-section. All figures are preliminary and have not been audited. The annual report 2004 will be published in June 2005.