Record Half-Year Performance
Achieved a record half year in both top line and bottom line. Raised full-year guidance aiming for more than EUR 0.5 billion in revenues and a 15% to 25% increase in net income.
Strong Customer Growth
Gross customer additions increased by 22% year-on-year, with positive net cash inflows of EUR 2.5 billion in Q2, representing a significant increase of over 70% year-on-year.
Effective Cost Management
Reduced other administrative expenses by 20% year-on-year and maintained personnel expenses despite wage inflation and provisions for personnel measures.
Increased Assets Under Custody
Assets under custody reached a new record with more than EUR 83 billion, growing 37% year-on-year and 10% quarter-on-quarter.
Positive Trading and Revenue Metrics
Commission income increased by 28% year-on-year, and the average commission per transaction rose by 9% year-over-year.
Crypto Trading and Securities Lending Progress
Initial launch of crypto trading in Germany with promising results; securities lending on track for Q4 rollout in key markets.