Speech Dr. Josef Ackermann
Dr. Josef Ackermann presents preliminary results for the fourth quarter and full year 2011.
Speech Presentation
Press Release
- Fourth quarter net income of EUR 186 million
- Income before income taxes (IBIT) was EUR 5.4 billion in 2011, after impairments of EUR 0.6 billion in the Corporate Investment division
- CIB and PCAM IBIT at EUR 6.6 billion, after EUR 1.0 billion specific charges in CB&S and EUR 0.2 billion special net negative impacts in PBC
- Record IBIT in classic banking businesses of EUR 3.7 billion
- Record Group revenues of EUR 33 billion
- Pre-tax return on average active equity of 10%
- Basel 2.5 Core Tier 1 capital ratio of 9.5%; above EBA requirement ahead of time
- Liquidity reserves of EUR 219 billion
- Cash dividend recommendation of EUR 0.75 per share
Annual Press Conference Release