DEGIRO

EQS-News: After its second-best financial year in 2023, flatexDEGIRO is aiming for a record year in 2024

Retrieved on: 
Wednesday, March 13, 2024

After its second-best financial year in 2023, flatexDEGIRO is aiming for a record year in 2024

Key Points: 
  • After its second-best financial year in 2023, flatexDEGIRO is aiming for a record year in 2024
    The issuer is solely responsible for the content of this announcement.
  • Frank Niehage, CEO of flatexDEGIRO: "We can be justifiably proud of what we have achieved as a team at flatexDEGIRO over the past few months.
  • At the same time, flatexDEGIRO significantly reduced its marketing expenses by 30.4 percent to EUR 34.0 million in 2023 (2022: EUR 48.9 million).
  • From 2024, flatexDEGIRO will therefore dispense with adjustments in order to establish simpler and more transparent key figures.

EQS-News: Christiane Strubel appointed to the Management Board of flatexDEGIRO AG

Retrieved on: 
Saturday, December 30, 2023

Frankfurt am Main - flatexDEGIRO AG (WKN: FTG111, ISIN: DE000FTG1111, Ticker: FTK.GR) expands its Management Board and appoints Christiane Strubel, a long-standing member of the Group's management team, to further strengthen its employee focus and corporate governance.

Key Points: 
  • Frankfurt am Main - flatexDEGIRO AG (WKN: FTG111, ISIN: DE000FTG1111, Ticker: FTK.GR) expands its Management Board and appoints Christiane Strubel, a long-standing member of the Group's management team, to further strengthen its employee focus and corporate governance.
  • flatexDEGIRO AG has appointed Christiane Strubel to its Management Board with effect from January 1, 2024.
  • As a member of the Management Board, Christiane Strubel will assume Group-wide responsibility for human resources as well as data protection and authorization management.
  • With the appointment of Christiane Strubel, the Management Board of flatexDEGIRO AG consists of four members.

EQS-News: flatexDEGIRO: flatex named 'Best Online Broker' by 'BrokerTest' and 'BrokerVergleich', DEGIRO with several international awards

Retrieved on: 
Thursday, December 28, 2023

DEGIRO won major awards in several important growth markets internationally such as the Netherlands, Spain and Italy.

Key Points: 
  • DEGIRO won major awards in several important growth markets internationally such as the Netherlands, Spain and Italy.
  • In the main category "Online Broker", flatex came out on top ahead of Comdirect and Consorsbank, and in the category "Best ETF & Fund Broker" ahead of Consorsbank and Trade Republic.
  • In the main category "Online Broker", flatex came out on top ahead of Comdirect and Scalable Capital.
  • Internationally, DEGIRO, the group’s second strong brand, has been recognized as an outstanding online broker in several important markets.

EQS-News: flatexDEGIRO with strong revenue and earnings growth in Q3 2023

Retrieved on: 
Tuesday, October 17, 2023

Average commissions per transaction reached EUR 4.26 in Q3 2023, a 7 percent increase compared to the previous year’s quarter.

Key Points: 
  • Average commissions per transaction reached EUR 4.26 in Q3 2023, a 7 percent increase compared to the previous year’s quarter.
  • Interests income in Q3 2023 increased by 164 percent to EUR 38.3 million (Q3 2022: EUR 14.5 million).
  • EBITDA in the third quarter 2023 increased by 70 percent to EUR 41.2 million (Q3 2022: EUR 24.2 million), corresponding to an Adj.
  • Including these changes of SARs provisions, EBITDA reached EUR 40.0 million in the third quarter 2023 (Q3 2022: EUR 37.6 million).

EQS-News: flatexDEGIRO AG: CET1 ratio to increase to over 27 % following BaFin’s approval to re-apply credit risk mitigation techniques for DEGIRO margin loans

Retrieved on: 
Friday, September 29, 2023

BaFin’s decision is based on flatexDEGIRO’s successful progress in remedying the relevant shortcomings, following an assessment by BaFin in consultation with the special commissioner.

Key Points: 
  • BaFin’s decision is based on flatexDEGIRO’s successful progress in remedying the relevant shortcomings, following an assessment by BaFin in consultation with the special commissioner.
  • The re-application of CRMT for DEGIRO margin loans will lead to an immediate reduction of flatexDEGIRO Group’s risk weighted assets (RWA).
  • Based on this, flatexDEGIRO Group’s Common Equity Tier 1 (CET1) ratio is thereby to increase to over 27 percent versus a regulatory required CET1 ratio of approximately 15.4 percent, leading to a regulatory capital surplus of approximately 100 million Euro.
  • Dr. Benon Janos, CFO of flatexDEGIRO: “The re-application of the credit risk mitigation techniques leads to a substantial improvement of our CET1 ratio and the regulatory capital surplus we hold beyond regulatory requirements.

EQS-News: flatexDEGIRO AG: Jens Möbitz promoted to the Management Board of flatexDEGIRO Bank AG

Retrieved on: 
Friday, September 1, 2023

Frankfurt/Main – flatexDEGIRO AG (WKN: FTG111, ISIN: DE000FTG1111, Ticker: FTK.GR) expands the Management Board of flatexDEGIRO Bank AG and appoints long-time member of the Group’s leadership team, Jens Möbitz, to further enhance the organizational setup and strengthen its corporate governance.

Key Points: 
  • Frankfurt/Main – flatexDEGIRO AG (WKN: FTG111, ISIN: DE000FTG1111, Ticker: FTK.GR) expands the Management Board of flatexDEGIRO Bank AG and appoints long-time member of the Group’s leadership team, Jens Möbitz, to further enhance the organizational setup and strengthen its corporate governance.
  • Jens Möbitz will assume responsibility for operational client functions as well as Treasury within the bank‘s Management Board.
  • With effect from September 1, 2023, flatexDEGIRO Bank AG has appointed Jens Möbitz to its Management Board.
  • Jens Möbitz has held various management positions within the flatexDEGIRO Group over the past 20 years.

EQS-News: flatexDEGIRO with record level of customer assets and solid performance in H1 2023

Retrieved on: 
Monday, July 24, 2023

EBITDA1 in Q2 2023 of EUR 34 million, an increase of 24 % over Q2 2022 (EUR 27 million)

Key Points: 
  • EBITDA1 in Q2 2023 of EUR 34 million, an increase of 24 % over Q2 2022 (EUR 27 million)
    Full-year guidance confirmed: Adj.
  • Overall, more than 186,000 new gross customer accounts were added in the first half of 2023, around 74,000 thereof joined flatex and DEGIRO during the second quarter 2023.
  • Revenues for the first half-year 2023 amounted to EUR 189.1 million (H1 2022: EUR 202.3 million).
  • In combination, operating margins in the second half-year 2023 are expected to significantly exceed the levels achieved during the first half of 2023.

EQS-News: flatexDEGIRO continues growth in Q1 2023, reaching 2.5 million customer accounts

Retrieved on: 
Wednesday, April 26, 2023

flatexDEGIRO continues growth in Q1 2023, reaching 2.5 million customer accounts

Key Points: 
  • flatexDEGIRO continues growth in Q1 2023, reaching 2.5 million customer accounts
    The issuer is solely responsible for the content of this announcement.
  • In Q1 2023, flatexDEGIRO settled 16.3 million transactions, an increase of 19.2 percent compared to the last quarter (Q4 2022: 13.7 million settled transactions).
  • In the Growth Markets, 4.5 million transactions were settled in Q1 2023, an increase of 24.4 percent over Q4 2022 (3.6 million).
  • Interest income in Q1 2023 amounted to EUR 26.6 million, an increase of 20.5 percent over the previous quarter (Q4 2022: EUR 22.1 million) and 50.4 percent over Q1 2022 (EUR 17.7 million).

EQS-News: flatexDEGIRO continues profitable growth in challenging environment

Retrieved on: 
Monday, February 27, 2023

Despite negative sentiment among retail investors across the industry, flatexDEGIRO continued its profitable growth in 2022, adding more than 460,000 new customer accounts.

Key Points: 
  • Despite negative sentiment among retail investors across the industry, flatexDEGIRO continued its profitable growth in 2022, adding more than 460,000 new customer accounts.
  • In this environment, we expect customer growth rates to be 50 to 100 percent above the average of major peer companies and are focusing even more strongly on expanding our profitability.
  • Freed-up internal resources can thus be used in a more targeted manner for profitable growth in the remaining 16 countries.
  • The presentation by Management and the subsequent Q&A session will be broadcast live by flatexDEGIRO at the following link, https://channel.royalcast.com/flatexdegiro/#!/flatexdegiro/20230228_2.