Baader Bank AG
Annual Report 2024
https://www.baaderbank.de
Key figures Baader Bank Group
2023 EUR mn | 2024 EUR mn | Delta | ||
Result from interest business | 35.8 | 48.5 | 12.7 22.8 29.3 0.1 11.9 76.8 19.6 6.9 14.2 40.6 36.2 15.5 0.0 20.7 0.42 12.5 0.5 887 23.9 - | |
Result from commission business | 79.5 | 102.3 | ||
Result from trading activities | 37.4 | 66.7 | ||
Revenue | 11.4 | 11.5 | ||
Other income | 6.7 | 18.6 | ||
Income | 170.8 | 247.7 | ||
Personnel expenses | 72.6 | 92.2 | ||
Other operating expenses | 90.6 | 97.5 | ||
Risk provision | 3.7 | 17.8 | ||
Expenses | 166.9 | 207.5 | ||
Earnings before taxes (EBT) | 4.0 | 40.2 | ||
Taxes | 1.1 | 16.6 | ||
Minorities | 0.0 | 0.0 | ||
Group results | 2.8 | 23.5 | ||
Earnings per share in EUR | 0.06 | 0.48 | ||
Return on equity after tax in % | 1.7 | 14.2 | ||
Return in investment | 0.1 | 0.6 | ||
Total Assets | 3,938 | 4,825 | ||
Equity capital | 165.5 | 189.4 | ||
Total capital ratio in % | 23.0 | 23.6 |
Key data and other information
WKN 508810
ISIN DE0005088108
Reuters BLMG.MU
Bloomberg BWB@GR
Ticker BWB
Sector Banks
Stock market listing 1/8/1994
Admission segment Outside market
Home stock exchange Munich / m:access
Other stock exchanges Berlin Dusseldorf Frankfurt Hamburg Stuttgart XETRA
Board of Directors (as at 31/12/2024)
Nico Baader (Chairman)
Oliver Riedel (Deputy Chairman)
Supervisory Board (as at 31/12/2024)
Helmut Schreyer (Chairman)
Prof. Dr. Georg Heni (Deputy Chairman)
Baader Bank AG
Christoph Mast Dr. Louis Hagen Michael Frank Timon Hauser
28.22 % free float
5.44 % Ubtrend GmbH & Co. KG
66.34 % Baader Beteiligungs GmbH
Market Making
OTC
trading
gettex exchange
Crypto trading
Swiss Shares
Dear shareholders,
As the 2024 financial year comes to a close, we look back over a period during which various developments shaped the international capital markets, the securities trading business as a whole and Baader Bank itself. Amid geopolitical tensions, robust global economic growth and rate cuts by both the European Central Bank and the US Federal Reserve, the prevailing mood on the stock markets was brighter than in the previous year. Nevertheless, the importance of the technological component and having a clear strategic orientation for the securities trading business has been emphasised once again.
In 2024, the German stock exchanges saw an overall increase in trading volumes across all asset classes year on year, and the volumes remained consistent when viewed over a ten-year period.
On the stock exchanges relevant to us at Baader Bank, the number of trades and the revenue
for all asset classes combined increased significantly compared to the previous year - with gettex as a key driver. This enabled us to increase our market share for the third consecutive year.
The shift in sales volumes away from the traditional stock exchanges with remuneration models and towards free trading venues also continued in 2024. Fee-optimised best-execution platforms, such as the electronic market place gettex, have gained increased market share from traditional German regional exchanges, especially since
the exceptional years of 2020 and 2021.
While 2024 was a challenging year, it was also pivotal in setting the course for the future.
We can look back over a year in which we
have consolidated our role as one of the leading players in the area of securities and banking services in Europe. Our powerful platform
has opened up access to trading and capital markets for numerous partners and clients
in a way that is secure, automated and scalable. Our securities trading expertise and strong market position have enabled us to provide reliable liquidity and stable trading systems -even during periods of high market activity and volatility. This represents a vital contribution to capital market operation and highlights our active role in helping to shape the change in the securities business.
Baader Bank
2 Annual Report 2024
Baader Bank
2 Annual Report 2024
Our technology: driving growth and innovationn
A key competitive advantage for us is the performance of our systems, positioning us as a reliable partner in the securities business.
We continued to make substantial investments in our technological platform in 2024, which allowed us to continue developing our trading algorithms and drive improvements in areas including data analysis, cyber security and APIs for our institutional partners.
Our platform solutions enable process automation, efficient implementation of customised offerings and universal access to securities trading - not only for our clients and partners but also for our partners' end customers within the B2B2C model.
As a platform and bank for online brokers, (online) asset managers, family offices and fintechs,
we play a pivotal role in shaping the securities business. Baader Bank provides the technological, regulatory and operational foundation on which new business models can be based - whether in neo-brokerage, digital asset management or even cryptocurrency trading.
It is our firm belief that access to investment will in future become even easier, increasingly digital and more geared towards the individual. We want to play a key role in opening up such access and shaping it responsibly, for example to help drive forwards solutions for a potential capital-backed pension scheme.
More investors, more responsibility, new momentum
2024 was also a year in which investor behaviour continued to change. More and more people -including the younger generations - are discovering the capital market for themselves. The number of securities accounts with online neo-brokers
has continued to rise, and interest in ETF savings plans, equity investments and sustainable investments has been steadily growing.
We wholeheartedly welcome this trend, as widespread participation in the capital market is not only desirable from an economic perspective but also strengthens the resilience of the financial markets. As a bank with a strong market infrastructure and regulatory expertise, we see it as our responsibility to ensure that access is secure, efficient and cost-effective.
Our focus thus extends beyond technology
to include partnerships with platform providers, fintechs, consultants and financial service providers, who collaborate with us to shape
the future of investing.
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Baader Bank Annual Report 2024 3