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Oberbank increases the dividend

Oberbank increases the dividend
Franz Gasselsberger, General Director of Oberbank
Image: VOLKER WEIHBOLD

The listed Oberbank wants to pay a dividend of one euro per share for the 2023 financial year. Compared to the previous year – taking into account the 1:2 stock split in summer 2023 – this is an increase of 0.55 euros per share, the financial institution announced yesterday, Monday.

The reason for the higher dividend is the expected good result. For 2023, Oberbank expects consolidated earnings before taxes to be between 460 and 480 million euros. In 2022, profit before taxes amounted to 295.3 million euros.

Oberbank will present its annual report for the past year on April 3rd.

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