Quirin Privatbank AG

Latest Results (12.06.2026):

Quirin Privatbank AG — Q4 2022 (full-year 2022) summary: For the year ended 31 December 2022 Quirin Privatbank AG reported an operating/net profit of €8 million, a strong total capital ratio of 31.5% and equity of €70 million, with total assets on the balance sheet of €497 million. The bank and its digital subsidiary quirion together served about 71,000 clients with combined assets under management of roughly €6.3 billion, despite market-driven AUM declines in a turbulent 2022.

Profit & dividend

Net profit for 2022: €8.0 million (below the very strong 2021 result); management proposes to allocate part to reserves and to propose a dividend distribution of about €4 million at the AGM (≈ €0.09 per dividend-bearing share).

Capital position & balance sheet

Solid capitalization: total capital ratio 31.5%; equity capital €70 million; balance sheet total assets €497 million; 256 employees reported as of 31 Dec 2022.

Assets under management & client base

Quirin Privatbank AUM ≈ €5.0 billion; quirion AUM ≈ €1.3 billion; combined AUM ≈ €6.3 billion. Combined client count ≈ 71,000 (Quirin Privatbank ~11,900; quirion ~59,100). Quirin Privatbank’s private client base rose ~7% to ~12,000 clients.

Net inflows & growth

Total net cash inflows in 2022 were about €526 million (Quirin Privatbank ~€272 million; quirion ~€254 million). Quirin attracted ~1,300 new clients and >€270 million in new client assets; quirion grew clients >30% and added >€250 million in new client assets.

Market context & business impact

2022 marked by war, high inflation and strong market volatility: significant declines in equities and bonds reduced AUM and constrained capital-markets activity, but the bank remained profitable and continued client acquisition and digital service expansion.

Strategy & outlook notes from the report

Management emphasizes client-centric hybrid offering (digital + personal advice), continued growth with quirion service packages, focus on long-term equity investing for retirement provision, and confidence in further progress in 2023 despite a challenging macro backdrop.