Folie 1 - Commerzbank AG
Folie 1 - Commerzbank AG
Folie 1 - Commerzbank AG
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Steady growth in net interest income (excl. PFT)<br />
Net interest income<br />
in € m<br />
229<br />
831<br />
August 9th, 2007<br />
1,060<br />
1,050<br />
415<br />
975<br />
1,045<br />
225<br />
159 160<br />
79<br />
1,003<br />
151<br />
Q1`06 Q2`06 Q3`06 Q4`06 Q1`07 Q2`07<br />
Pro-forma full integration of Eurohypo (half year)<br />
w/o PFT Σ 1,874 +5%<br />
Σ 1,973<br />
Total Σ 2,120 -3% Σ 2,048<br />
NII excluding PFT Loan loss provisions<br />
Pro-forma integration of Eurohypo<br />
• Net interest income excluding<br />
PFT up 5% y-o-y<br />
• Very strong NII contribution<br />
from Mittelstand (y-o-y) driven<br />
by CEE as well as domestic<br />
business<br />
• Improving loan quality leads to<br />
a slight reduction of the LLPguidance<br />
for 2007<br />
• Only marginal dividend income<br />
in Q2<br />
• Spin-off of a Pension Trust<br />
reduced net interest income by<br />
€8m y-o-y<br />
• PFT result suffered from lower<br />
prepayment fees and the<br />
interest rate development<br />
2
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