Preliminary results for 2021: Hamburg Commercial Bank completes transformation with strong Group net result

Preliminary results for 2021: Hamburg Commercial Bank completes transformation with strong Group net result

Stefan Ermisch, CEO of Hamburg Commercial Bank
  • Net income before taxes of EUR 299 (previous year: 257) million and Group net result of EUR 351 (102) million exceed forecasts
  • CEO Ermisch: “Transformation completed more quickly than expected and with excellent financial ratios”
  • RoE after taxes 18.4% – CET1 ratio 28.9% – CIR 50%

HAMBURG – Hamburg Commercial Bank (HCOB) presented its...

https://allaboutshipping.co.uk/2022/02/10/preliminary-results-for-2021-hamburg-commercial-bank-completes-transformation-with-strong-group-net-result/

Leave a Comment