Hamburg Commercial Bank AG (HCOB) Archives

Hamburg Commercial Bank completes fiscal year 2021 with strong financial figures

7 April 2022

HCOB CEO Stefan Ermisch

Net income before taxes of EUR 299 (previous year: 257) million and Group net result of EUR 351(102) million
CEO Stefan Ermisch: “Prudent growth targeted – no negative effects to date from current geopolitical crisis”
Prelim. Q1 2022 net income after taxes well within plan at EUR 34 million
Forecast FY 2022: Group net result in excess of EUR 250 million

HAMBURG – Hamburg Commercial Bank (HCOB) presented its final IFRS figures for fiscal year 2021 on Thursday and...

https://allaboutshipping.co.uk/2022/04/07/hamburg-commercial-bank-completes-fiscal-year-2021-with-strong-financial-figures/

Hamburg Commercial Bank posts 2020 pre-tax profit of € 257 million and strong capital ratio

1 April 2021

Hamburg Commercial Bank posts 2020 pre-tax profit of € 257 million and strong capital ratio

CEO Stefan Ermisch

2020: Net income before taxes EUR 257 (previous year: 77) million and after taxes (Group net result) EUR 102 (12) million
Excellent CET1 capital ratio of 27.0% (31/12/2019: 18.5%)
Strong start to 2021: HCOB expects Group net result after taxes of around EUR 40 million for first quarter
CEO Ermisch: “Transformation well advanced – 2020 financial results and stronger results trend than...

https://allaboutshipping.co.uk/2021/04/01/hamburg-commercial-bank-posts-2020-pre-tax-profit-of-e-257-million-and-strong-capital-ratio/

Preliminary 2020 results: HCOB significantly increases earnings with strong capital position

11 February 2021

Preliminary 2020 results: HCOB significantly increases earnings with strong capital position

CEO Stefan Ermisch

Net income before taxes of EUR 257 (previous year: 77) million

Strong CET1 ratio at 27.0% (31/12/2019: 18.5%)

CEO Ermisch: “HCOB strengthened in difficult environment and achieved excellent results–transformation well advanced

HAMBURG – Hamburg Commercial Bank AG (HCOB) achieved a Net income before taxes of EUR 257 (previous year: 77) million, demonstrating its prudent business...

https://allaboutshipping.co.uk/2021/02/11/preliminary-2020-results-hcob-significantly-increases-earnings-with-strong-capital-position/

Thomas Jakob to head Hamburg Commercial Bank’s corporate client business as of 2020

21 August 2019

Thomas Jakob

Thomas Jakob to head Hamburg Commercial Bank’s corporate client business as of 2020

HAMBURG – Hamburg Commercial Bank AG (HCOB) is further strengthening its nationwide corporate client business: Thomas Jakob will be responsible for all corporate banking and advisory activities from January 2020. Jakob, 53, is one of the most versatile bankers with decades of experience in the German medium-sized and wholesale business.

“Thomas Jakob is a real asset for Hamburg Commercial Bank: he...

http://www.allaboutshipping.co.uk/2019/08/21/thomas-jakob-to-head-hamburg-commercial-banks-corporate-client-business-as-of-2020/