BAWAG Group released its preliminary results for the financial year 2022, reporting a net profit (excluding City of Linz) of € 509 million, € 5.81 earnings per share, and a RoTCE of 18.6%.
BAWAG Group today released its results for the third quarter 2022, reporting a net profit (excluding City of Linz) of € 132 million, € 1.49 earnings per share, and a RoTCE of 19.3%.
Today, the Management Board of BAWAG Group AG (BAWAG) received the decision of the European Central Bank (ECB) pursuant to which the ECB approved a share buyback of € 325 million.
Swap contract between the City of Linz and BAWAG P.S.K. is invalid
Today, the Austrian Supreme Court ruled in favor of the City of Linz regarding the contractual validity of the swap contract entered into between BAWAG and the City of Linz 15 years ago.
