Quirin Privatbank AG

Latest Results (02.05.2026):

Quirin Privatbank AG — Q4 2022 / full-year 2022 results (year ended 31 December 2022): The bank reported an annual net profit of €8 million for 2022, with total capital ratio 31.5% and equity of €70 million. Assets under management across Quirin Privatbank and digital subsidiary quirion totaled about €6.3 billion at year-end, with a combined client base of roughly 71,000.

Key figures

Annual net profit: €8 million; total capital ratio: 31.5%; equity capital: €70 million; balance sheet total: €497 million; employees: 256; share price at 31 Dec 2022: €3.22.

Assets under management & clients

Quirin Privatbank (private client business) AUM ≈ €5.0 billion; quirion AUM ≈ €1.3 billion; combined AUM ≈ €6.3 billion (report shows 6.28–6.3 bn). Combined client base approx. 71,000 (Quirin ~11,900; quirion ~59,100).

Net inflows and client growth

Quirin Privatbank attracted ~1,300 new clients and generated >€270 million in client assets/net cash inflows for the bank; quirion added >€250 million in new client assets and grew its client base >30% to ~60,000. Reported combined net cash inflows ~€526 million.

Profit allocation and dividend

The €8 million profit will be used to shore up reserves and a proposal was planned for the June 2023 AGM to distribute about €4 million as dividend (≈ €0.09 per dividend-bearing share).

Business performance & market impact

2022 was described as highly turbulent: steep falls in equities and bonds due to war, inflation and rising rates. Despite a difficult capital markets environment and lower AUM driven by market losses, the bank produced a satisfactory profit and meaningful contribution from capital markets activities.

Digital strategy and service offering

quirion continued growth (AUM ↑ ~10% to €1.3bn; clients ↑ ~30%), expanded into three service packages (quirion Online, Premium, Private) to combine digital solutions with optional personal advice from Quirin Privatbank.

Outlook and risks

Management flagged continuing risks in 2023: elevated inflation and higher interest rates; nonetheless they stress the importance of equity investing for long-term wealth building. The report also notes potential regulatory topics (e.g., commission ban) and the bank’s intent to keep pursuing client growth and resilience.