MERKUR PRIVATBANK KGaA

Latest Results (20.03.2026):

MERKUR PRIVATBANK KGaA — Q4 2024 (annual results for the year ended 31 December 2024): the bank reported a profit for the year of EUR 11,587,000.14 on a balance sheet totalling EUR 4,041,523,288.45 (up from EUR 3.7567bn a year earlier). Net interest income remained near prior-year levels at EUR 95,876,924.99, while interest income and commission income rose materially year‑on‑year; the bank increased provisions and transferred EUR 18.0m to its fund for general banking risks.

Profitability

Profit for the year: EUR 11,587,000.14 (Income Statement). Result from ordinary activities was EUR 27,342,350.08; after taxes of EUR 15,755,349.94 the net profit amounted to EUR 11.587m.

Net interest and fee income

Interest income increased to EUR 190,230,505.97 (PY EUR 146,737k) while interest expenses rose to EUR 94,353,580.98 (PY EUR 50,966k), leaving net interest income of EUR 95,876,924.99 (broadly flat vs PY). Commission income was EUR 34,393,963.23 with net commission income of EUR 28,990,371.44 (up vs PY).

Balance sheet size and lending

Total assets: EUR 4,041,523,288.45 (31.12.2024) versus EUR 3,756,699k at 31.12.2023. Loans and advances to customers: EUR 3,306,014,942.85. Liabilities to customers (deposits): EUR 3,360,520,582.64.

Capital, reserves and regulatory buffers

Equity (total): EUR 142,816,920.88, including paid-in capital EUR 19,913,600.00 and capital reserve EUR 33,550,590.29. Additional Tier 1 capital reported at EUR 46,688,750.00. Fund for general banking risks increased to EUR 91,885,000.00 (from EUR 73,885k).

Costs and risk provisioning

General administrative expenses totaled EUR 65,715,842.35 (personnel EUR 40,699,683.46; other admin EUR 25,016,158.89). Depreciation EUR 1,605,512.92. Write‑downs and impairments of loans and allocations to provisions were EUR 9,855,608.24, and the bank made a EUR 18,000,000.00 transfer to the fund for general banking risks.

Liquidity and funding

Cash and balances with central banks: EUR 31,548,367.59 (cash in hand + balances with central banks total ≈ EUR 33.17m as reported). Liabilities to banks (with agreed term/notice): EUR 259,227,601.79; total liabilities to banks EUR 270,825,029.22. Customer deposit base remains large at EUR 3.36bn.

Contingent liabilities and commitments

Sureties and guarantee agreements: EUR 113,409,131.13. Irrevocable lending commitments: EUR 88,598,466.33.