Business
Report: Annual Report of Baader Bank Group 2024
Report: Annual Report of Baader Bank Group
About this update from Baader Bank Ag
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. 3 Baader Bank Annual Report 2024 3