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Key Indicators

 1 Jan - 30 Jun 20251 Jan - 31 Jun 2024 1)
Results  
Adjusted operating profit (€ mn) 2)223185
Operating profit (€ mn)208181
Net profit (€ mn) 3)133112
Cost/income ratio (%) 4)32.032.2
(Net) earnings per ordinary share (€) 5) 6)2.231.88
Adjusted RoE after taxes (%) 2) 5) 7)9.18.0

   

 30 Jun 202531 Dec 2024
Statement of Financial Position  
Property finance (€ mn)32,43033,471
Equity (€ mn)3,7175,460
Total assets (€ mn)47,28147,814
   
Regulatory Indicators 8)  
Basel IV (phase-in)  
     Risk-weighted assets (€ bn)13.314.3
     Common Equity Tier 1 ratio (CET1 ratio) (%)21.820.2
     Tier 1 ratio (T1 ratio) (%)24.822.3
     Total capital ratio (TC ratio) (%)29.926.6
Basel IV (fully phased)  
      Common Equity Tier 1 ratio (CET1 ratio) (%)15.515.2
   
Employees1,1721,198
   
 30 Jun 202531 Dec 2024
Moody’s  
Issuer RatingBaa1Baa1
Senior PreferredBaa1Baa1
Senior Non PreferredBaa3Baa3
Bank Deposit RatingBaa1Baa1
Outlookstablestable
Mortgage
Pfandbrief Rating
AaaAaa
 30 Jun 202531 Dec 2024
Fitch Ratings  
Issuer Default RatingBBBBBB
Senior PreferredBBB+BBB+
Senior Non PreferredBBBBBB
Deposit RatingBBB+BBB+
Outlookstablestable
 30 Jun 202531 Dec 2024
ESG Ratings 9)  
MSCIAA
ISS-ESGprime (C)prime (C)
CDPManagement Level BManagement Level B

 

1) The previous year’s figures only refer to those activities then presented as continuing operations (excluding non-controlling interests).
2) Adjusted for costs for efficiency measures, IT infrastructure investments and other material non-recurring effects
3) Consolidated net income allocated to ordinary shareholders
4) In line with common practice in the banking sector, bank levy and contributions to the deposit guarantee scheme are not included; costs for efficiency measures, IT infrastructure investments and other material non-recurring effects are also excluded.
5) The allocation of earnings is based on the assumption that net interest payable on the AT1 bond is recognised on an accrual basis.
6) Without taking into account non-controlling interest income
7) On an annualised basis
8) 31 December 2024: including annual results for 2024 less dividends (which have already been distributed) and including pro rata temporis accrual of interest on the AT1 bond.
30 June 2025 (preliminary): including interim profits for 2025, deducting a planned dividend in line with the dividend policy and incorporating the pro rata accrual of interest
payable on the AT1 bond.
The SREP recommendations concerning the non-performing loans (NPL) inventory were taken into account, as well as the ECB’s NPL guidelines for the regulatory capital for new NPLs and an additional voluntary and preventive capital deduction for regulatory uncertainties from ECB tests.
9) Please refer to our website (www.aareal-bank.com/en/responsibility/reporting-on-our-progress/) for more details.