Baader Bank Reports Significant Earnings Growth in 2024

Baader Bank AG has announced a noteworthy increase in its consolidated earnings for 2024. Preliminary and unaudited figures reveal that the group's earnings before tax surged to EUR 40.2 million, a substantial rise from EUR 4.0 million in 2023. The increase is linked to strong growth across key income components, with overall earnings reaching EUR 247.7 million, up from EUR 170.8 million the previous year.

Earnings from interest and commission businesses saw significant growth, driven by factors such as interest rate levels and increased deposit volumes. The trading business also marked an increase, partly due to heightened market volatility. Baader Bank's subsidiaries contributed positively to earnings, and the expansion of its B2B cooperation business further strengthened its market presence.

Despite increases in expenses, Baader Bank maintained sound capital resources, with equity rising to EUR 189.4 million. The bank remains optimistic about its financial position, anticipating further expansion opportunities. Final audited figures and a detailed annual report will be released in March and May 2025, respectively.