Financial information and disclosure - Bank11

Financial Information & Disclosure

unsere Trophäen

Financial Information & Disclosure:

Bank11’s growth remained remarkably strong despite a challenging economic environment as new business growth clearly outperformed the market trend. Previous year’s forecasts were exceeded thanks to a 23.4% increase in new business in automobile financing and a 21.9% increase in the loan portfolio in total. Bank11 closes its twelfth fiscal year with a profit after taxes of €23.6 million and a balance sheet volume of €6.6 billion.

Financial data of Bank11 Holding GmbH – Consolidated annual report as of 31.12.2022

	31.12.2021	31.12.2022	Veränderung
Balance sheet volume	EUR 5,63 bn	EUR 6,55 bn	+16.34 %
New business volume	EUR 3,07 bn	EUR 3,79 bn	+23.45 %
Equity	EUR 338,60 bn	EUR 393,07 bn	+16.09 %
Profit after taxes	EUR 31,75 bn	EUR 23,58 bn	-25.73 %
LCR ratio	723.73 %	310.6 %	-413.13% ppt
Cost-income ratio	48.98 %	51.13 %	+2.15% ppt
CET1 ratio	12.64 %	11,75 %	-0.89% ppt
NPL ratio	0.52 %	0.78 %	+0.26% ppt
Dealer	≈16.200 #	≈17.900 #	+1.700 #
Employees	370 FTE	408 FTE	+38 FTE

Annual and Consolidated Financial Statements:

Bank11 für Privatkunden und Handel GmbH and Bank11 Holding GmbH report on the past financial year in their annual and consolidated financial statements according to the regulations of the German Commercial Code (HGB) on an annual basis. Bank11 Holding GmbH, acting as a superior unit, holds 100% of the shares in Bank11 für Privatkunden und Handel GmbH. The consolidated scope of Bank11 Holding GmbH includes Bank11 für Privatkunden und Handel GmbH and also the special purpose entities of the current securitisation transactions.