Baader Bank AG — Earnings Release 2009

Oct 21, 2009

News Details

Ad-hoc | 21 October 2009 20:32

Baader Bank AG: Preliminary consolidated net profit (IFRS) for Q3 2009

Baader Bank AG / Quarter Results

21.10.2009

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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Unterschleissheim (Germany), 21 October 2009

Spurred on by the ongoing positive stock market performance, Baader Bank
AG, Unterschleissheim, has significantly increased its earnings in the
third quarter of 2009 as against the same period of the previous year. In
the reporting period, Germany's leading specialist in securities trading
generated earnings after taxes of EUR 6.7 million as against EUR -3.3
million in the same period of the previous year. It therefore generated a
post-tax profit of EUR 15.7 million as of the end of the third quarter of
the current year (previous year: EUR 3.0 million).

Baader has profited both from its broad positioning across all classes of
securities and in trading on and off the stock market.

Profit from ordinary activities amounted to EUR 9.6 million in the third
quarter of this year (previous year: EUR -2.2 million) and to a cumulative
amount of EUR 20.1 million (previous year: EUR 3.4 million) in the first
nine months. While net fee and commission income was stable year-on-year at
EUR 9.7 million in the third quarter, net trading income rose sharply from
EUR 7.3 million to EUR 23.4 million.

Equity amounted to EUR 175.3 million as of 30 September 2009 (31 December
2008: EUR 160.2 million). In the first nine months of this year, earnings
per share amounted to EUR 0.35 (previous year: EUR 0.07). According to
current information it is assumed that Baader Bank AG will distribute a
higher dividend for the current year that will again be tax-free (previous
year: EUR 0.06 per share).

The Group had 349 employees as at 30 September 2009 (30 September 2008: 328
employees).

Key figures 1 Jan. - 1 Jan. - Q3 2009 Q3 2008
(EUR million) 30 Sep. 2009 30 Sep. 2008

Net fee and
commission income 27.0 28.4 9.7 9.5
Net trading income 61.1 33.0 23.4 7.3
Administrative
expenses - 69.6 - 62.3 - 23.4 - 21.2
Profit from
operations 19.2 - 5.4 10.1 - 10.2
Profit from ordinary
activities 20.1 3.4 9.6 - 2.2
Earnings after
taxes 15.7 3.0 6.7 - 3.3

The Board of Directors

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Information and Explaination of the Issuer to this News:

Baader Bank Aktiengesellschaft
Contact: Thomas Spengler
Weihenstephaner Str. 4
85716 Unterschleissheim
Tel. +49 (0) 89/ 5150-1030
Fax: +49 (0) 89/ 5150-291030
thomas.spengler@baaderbank.de
www.baaderbank.de

21.10.2009 Financial News transmitted by DGAP

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Language: English
Company: Baader Bank AG
Weihenstephaner Str. 4
85716 Unterschleissheim
Deutschland
Phone: +49 (0)89/ 5150-0
Fax: +49 (0)89/ 5150-2423
E-mail: Info@Baaderbank.de
Internet: www.Baaderbank.de
ISIN: DE0005088108
WKN: 508810
Listed: Regulierter Markt in Berlin, Frankfurt (Prime Standard),
München, Stuttgart; Freiverkehr in Hannover, Düsseldorf,
Hamburg

End of News DGAP News-Service

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