MERKUR PRIVATBANK KGaA

Latest Results (03.02.2026):

MERKUR PRIVATBANK KGaA — full-year results for the year ended 31 December 2024 (reported as FY 2024 / covering Q4 2024). The bank reported a net profit of EUR 11.587m for 2024 on total assets of EUR 4.042bn. Net interest income remained the dominant earnings driver (EUR 95.877m) supported by strong commission income (net EUR 28.990m); operating profit before write‑downs and transfers was healthy, while the bank booked elevated allocations to its fund for general banking risks (EUR 18.0m) and loan impairments (EUR 9.856m).

Profitability

Net profit for FY 2024: EUR 11,587,000 (11.587m). Return on assets (ROA) ≈ 0.29%; return on equity (ROE) ≈ 8.1% (using equity of EUR 142.817m).

Income mix

Net interest income: EUR 95.877m (interest income EUR 190.230m less interest expenses EUR 94.354m). Net commission income: EUR 28.990m (commission income EUR 34.394m less commission expenses EUR 5.404m). Trading and other operating income contributed modestly (trading profit EUR 2.537m; other operating income EUR 1.900m).

Costs and risk charges

General administrative expenses: EUR 65.716m; depreciation and other operating expenses added EUR 8.391m (depr. EUR 1.606m + other operating expenses incl. profit shares EUR 6.786m). Write‑downs and impairments on loans and securities: EUR 9.856m (up from EUR 8.115k in prior year). Transfer to fund for general banking risks: EUR 18.0m (prior year EUR 17.0m).

Balance sheet size and growth

Total assets: EUR 4,041.523m (up from EUR 3,756.699m at 31.12.2023; ≈ +7.6%). Loans and advances to customers: EUR 3,306.015m (up ≈ 5.9% year‑on‑year).

Funding and deposits

Liabilities to customers: EUR 3,360.521m (up from EUR 3,139.886m; ≈ +7.0%). Liabilities to banks: EUR 270.825m. Customer deposits remain the primary funding source.

Capital and cushions

Equity total: EUR 142.817m (up from EUR 133.733m). Additional Tier 1 capital reported at EUR 46.689m. Fund for general banking risks increased to EUR 91.885m (reflecting the EUR 18.0m allocation).

Liquidity and contingent exposures

Cash reserves (cash + central bank balances): EUR 33.172m. Contingent liabilities (sureties/guarantees): EUR 113.409m. Irrevocable lending commitments: EUR 88.598m.

Summary view

MERKUR PRIVATBANK KGaA delivered a positive net result for FY 2024 with solid net interest and commission income, asset and deposit growth, and strengthened reserves (notably the fund for general banking risks). Profitability metrics are modest but stable; risk provisions and transfers reduced the headline result compared with operating income. Summarized from source with an LLMView Source