Declared Dividend • May 20
Dividend increased to €0.30 Dividend of €0.30 is 650% higher than last year. Ex-date: 3rd June 2026 Payment date: 5th June 2026 Dividend yield will be 0.9%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (20% earnings payout ratio) and cash flows (3% cash payout ratio). The dividend has increased by an average of 174% per year over the past 2 years and payments have been stable during that time. EPS is expected to grow by 61% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • May 05
flatexDEGIRO SE to Report First Half, 2026 Results on Jul 22, 2026 flatexDEGIRO SE announced that they will report first half, 2026 results on Jul 22, 2026 Announcement • Apr 28
flatexDEGIRO SE, Annual General Meeting, Jun 02, 2026 flatexDEGIRO SE, Annual General Meeting, Jun 02, 2026, at 10:00 W. Europe Standard Time. Announcement • Mar 31
flatexDEGIRO SE announces Annual dividend, payable on June 05, 2026 flatexDEGIRO SE announced Annual dividend of EUR 0.3000 per share payable on June 05, 2026, ex-date on June 03, 2026 and record date on June 04, 2026. Price Target Changed • Jan 10
Price target increased by 8.3% to €35.94 Up from €33.18, the current price target is an average from 9 analysts. New target price is 5.3% below last closing price of €37.94. Stock is up 150% over the past year. The company is forecast to post earnings per share of €1.42 for next year compared to €1.02 last year. Announcement • Oct 01
flatexDEGIRO AG to Report Nine Months, 2025 Results on Oct 21, 2025 flatexDEGIRO AG announced that they will report nine months, 2025 results on Oct 21, 2025 Announcement • Apr 28
flatexDEGIRO AG, Annual General Meeting, Jun 02, 2025 flatexDEGIRO AG, Annual General Meeting, Jun 02, 2025, at 10:00 W. Europe Standard Time. Announcement • Apr 27
flatexDEGIRO AG announces Annual dividend, payable on June 05, 2025 flatexDEGIRO AG announced Annual dividend of EUR 0.0400 per share payable on June 05, 2025, ex-date on June 03, 2025 and record date on June 04, 2025. Announcement • Apr 02
flatexDEGIRO AG Announces Stefan Müller Takes over as Chairman of the Supervisory Board from Martin Korbmacher Martin Korbmacher has resigned as Chairman of the Supervisory Board of flatexDEGIRO AG with effect from March 27, 2025, as previously announced. Stefan Müller will take over as Chairman of the Supervisory Board until the end of the Annual General Meeting. Stefan Müller served as a member of the Management Board of today’s flatexDEGIRO AG from 2002 to 2015 and has been a member of the company’s Supervisory Board since 2017. Martin Korbmacher has been Chairman of the Supervisory Board of flatexDEGIRO AG since 2014 and has also held this position at flatexDEGIRO Bank AG since 2017. The candidates for the Supervisory Board mandates to be elected at the Annual General Meeting on June 2, 2025, will be announced in due time before the Annual General Meeting. Reported Earnings • Oct 24
Third quarter 2024 earnings released Third quarter 2024 results: Revenue: €111.6m (up 10.0% from 3Q 2023). Net income: €24.9m (up 21% from 3Q 2023). Profit margin: 22% (up from 20% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, while revenues in the Capital Markets industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Reported Earnings • Sep 04
First half 2024 earnings released: EPS: €0.55 (vs €0.18 in 1H 2023) First half 2024 results: EPS: €0.55 (up from €0.18 in 1H 2023). Revenue: €236.2m (up 28% from 1H 2023). Net income: €60.8m (up 203% from 1H 2023). Profit margin: 26% (up from 11% in 1H 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 1.4% growth forecast for the Capital Markets industry in Germany. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. New Risk • Aug 30
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 19% Last year net profit margin: 30% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. This is currently the only risk that has been identified for the company. Upcoming Dividend • May 29
Upcoming dividend of €0.04 per share Eligible shareholders must have bought the stock before 05 June 2024. Payment date: 07 June 2024. Trailing yield: 0.3%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (2.8%). Announcement • May 06
Gfbk Gesellschaft Für Börsenkommunikation Mbh Proposes Dismissal of Martin Korbmacher as Chairman of the Supervisory Board, Effective June 4, 2024 flatexDEGIRO AG announced that the shareholder GfBk Gesellschaft für Börsenkommunikation mbH proposes the dismissal of the Chairman of the Supervisory Board of the Company, Mr. Martin Korbmacher, with effect from the end of the Annual General Meeting on June 4, 2024. Announcement • Apr 28
flatexDEGIRO AG Provides Earnings Guidance for the Year 2024 flatexDEGIRO AG provided earnings guidance for the year 2024. Revenues and consolidated net income in 2024 expected to be at the upper end of the guidance corridor (revenue growth of 5%-15% and increase in consolidated net income of 25%-50%). flatexDEGIRO is therefore aiming for record figures in both revenue and consolidated net income in 2024 - without relying on external tailwinds in the trading or interest business. Reported Earnings • Apr 26
First quarter 2024 earnings released: EPS: €0.27 (vs €0.091 in 1Q 2023) First quarter 2024 results: EPS: €0.27 (up from €0.091 in 1Q 2023). Revenue: €122.9m (up 33% from 1Q 2023). Net income: €30.0m (up 199% from 1Q 2023). Profit margin: 24% (up from 11% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Capital Markets industry in Germany. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 01
Full year 2023 earnings: EPS misses analyst expectations Full year 2023 results: EPS: €0.65 (down from €0.96 in FY 2022). Revenue: €380.3m (up 8.2% from FY 2022). Net income: €71.9m (down 32% from FY 2022). Profit margin: 19% (down from 30% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.4%. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Capital Markets industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 01
Full year 2023 earnings: Revenues in line with analyst expectations Full year 2023 results: Revenue: €390.7m (up 11% from FY 2022). Net income: €71.9m (down 32% from FY 2022). Profit margin: 18% (down from 30% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Capital Markets industry in Germany. Announcement • Feb 09
flatexDEGIRO AG, Annual General Meeting, Jun 04, 2024 flatexDEGIRO AG, Annual General Meeting, Jun 04, 2024. Announcement • Dec 22
flatexDEGIRO AG Appoints Christiane Strubel to its Management Board as Chief HR Officer, Effective from January 1, 2024 flatexDEGIRO AG expands its Management Board and appoints Christiane Strubel, a long-standing member of the Group’s management team, to further strengthen its employee focus and corporate governance. As Chief HR Officer (CHRO), Christiane Strubel will assume responsibility on the Management Board for data protection and authorization management in addition to her Group-wide HR responsibilities. The company has appointed Christiane Strubel to its Management Board with effect from January 1, 2024. Over the past almost eight years, Christiane Strubel has raised flatexDEGIRO’s HR function to an international standard and played a key role in shaping the Group’s personnel growth from a national provider with around 400 employees in Germany to Europe’s online broker with around 1,300 employees and international locations in Amsterdam, London, Sofia and Vienna/Graz. As a member of the Management Board, Christiane Strubel will assume Group-wide responsibility for human resources as well as data protection and authorization management. With the appointment of Christiane Strubel, the Management Board of flatexDEGIRO AG consists of four members. The other members are Frank Niehage (CEO), Dr. Benon Janos (CFO) and Stephan Simmang (CTO). Announcement • Dec 12
flatexDEGIRO AG Intends to Propose Regular Annual Dividend flatexDEGIRO AG announced the management board and supervisory board intend to propose to the ordinary Annual General Meeting the payment of a regular annual dividend, which should initially amount to 4 cents per share, in accordance with the statutory minimum dividend of 4% of the share capital. Valuation Update With 7 Day Price Move • Oct 19
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €9.68, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 10x in the Capital Markets industry in Germany. Total loss to shareholders of 8.5% over the past three years. Reported Earnings • Aug 24
First half 2023 earnings released: EPS: €0.18 (vs €0.47 in 1H 2022) First half 2023 results: EPS: €0.18 (down from €0.47 in 1H 2022). Revenue: €184.4m (down 5.7% from 1H 2022). Net income: €20.1m (down 61% from 1H 2022). Profit margin: 11% (down from 27% in 1H 2022). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, while revenues in the Capital Markets industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Announcement • Jul 25
flatexDEGIRO AG Announces Resignation of Muhamad Chahrour as Deputy CEO and Coo, Effective December 31, 2023 flatexDEGIRO AG announced Muhamad Chahrour (37), Deputy CEO and COO of the company has informed the Supervisory Board that he wishes to leave the company before the end of his term and at his own request in order to take on new endeavors. By best mutual agreement, the parties agreed that he will leave the company on December 31, 2023. The Supervisory Board deeply regrets his departure and thanks him for the highly successful time together. Announcement • Jun 22
flatexDEGIRO AG to Report First Half, 2023 Results on Jul 24, 2023 flatexDEGIRO AG announced that they will report first half, 2023 results on Jul 24, 2023 Reported Earnings • Mar 31
Full year 2022 earnings: EPS and revenues exceed analyst expectations Full year 2022 results: EPS: €0.97 (up from €0.47 in FY 2021). Revenue: €403.0m (flat on FY 2021). Net income: €106.1m (up 106% from FY 2021). Profit margin: 26% (up from 13% in FY 2021). Revenue exceeded analyst estimates by 7.0%. Earnings per share (EPS) also surpassed analyst estimates by 17%. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, while revenues in the Capital Markets industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Mar 03
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €8.39, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 10x in the Capital Markets industry in Germany. Total returns to shareholders of 20% over the past three years. Announcement • Jan 20
flatexDEGIRO AG to Report Fiscal Year 2022 Results on Feb 27, 2023 flatexDEGIRO AG announced that they will report fiscal year 2022 results on Feb 27, 2023 Valuation Update With 7 Day Price Move • Dec 06
Investor sentiment deteriorated over the past week After last week's 34% share price decline to €6.53, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 10x in the Capital Markets industry in Germany. Total returns to shareholders of 14% over the past three years. Valuation Update With 7 Day Price Move • Nov 12
Investor sentiment improved over the past week After last week's 30% share price gain to €11.32, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 10x in the Capital Markets industry in Germany. Total returns to shareholders of 89% over the past three years. Price Target Changed • Oct 20
Price target decreased to €17.08 Down from €18.63, the current price target is an average from 9 analysts. New target price is 78% above last closing price of €9.60. Stock is down 51% over the past year. The company is forecast to post earnings per share of €0.83 for next year compared to €0.47 last year. Price Target Changed • Jul 12
Price target decreased to €20.03 Down from €23.06, the current price target is an average from 9 analysts. New target price is 115% above last closing price of €9.31. Stock is down 65% over the past year. The company is forecast to post earnings per share of €0.82 for next year compared to €0.47 last year. Valuation Update With 7 Day Price Move • Jun 14
Investor sentiment deteriorated over the past week After last week's 23% share price decline to €10.58, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 11x in the Capital Markets industry in Germany. Total returns to shareholders of 150% over the past three years. Valuation Update With 7 Day Price Move • May 10
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €13.62, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Capital Markets industry in Germany. Total returns to shareholders of 176% over the past three years. Reported Earnings • Apr 01
Full year 2021 earnings: EPS exceeds analyst expectations Full year 2021 results: EPS: €0.47. Revenue: €405.7m (up 59% from FY 2020). Net income: €51.5m (up 3.3% from FY 2020). Profit margin: 13% (down from 20% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 15%. Over the next year, revenue is forecast to grow 21% compared to a 7.5% decline forecast for the industry in Germany. Valuation Update With 7 Day Price Move • Feb 28
Investor sentiment improved over the past week After last week's 18% share price gain to €17.73, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 11x in the Capital Markets industry in Germany. Total returns to shareholders of 236% over the past three years. Valuation Update With 7 Day Price Move • Nov 30
Investor sentiment improved over the past week After last week's 15% share price gain to €22.10, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 12x in the Capital Markets industry in Germany. Total returns to shareholders of 354% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €33.69 per share. Price Target Changed • Nov 11
Price target decreased to €30.09 Down from €33.54, the current price target is an average from 8 analysts. New target price is 67% above last closing price of €17.98. Stock is up 42% over the past year. The company is forecast to post earnings per share of €0.76 for next year compared to €0.55 last year. Reported Earnings • Sep 07
First half 2021 earnings released: EPS €0.26 (vs €0.28 in 1H 2020) The company reported a solid first half result with improved earnings and revenues, although profit margins were weaker. First half 2021 results: Revenue: €223.2m (up 128% from 1H 2020). Net income: €28.0m (up 25% from 1H 2020). Profit margin: 13% (down from 23% in 1H 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Sep 03
Investor sentiment deteriorated over the past week After last week's 75% share price decline to €22.46, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 18x in the Capital Markets industry in Germany. Total loss to shareholders of 23% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €31.86 per share. Price Target Changed • Aug 05
Price target decreased to €138 Down from €148, the current price target is an average from 7 analysts. New target price is 66% above last closing price of €83.10. Stock is up 119% over the past year. Valuation Update With 7 Day Price Move • Aug 04
Investor sentiment deteriorated over the past week After last week's 18% share price decline to €83.30, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Capital Markets industry in Germany. Total returns to shareholders of 179% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €152 per share. Price Target Changed • May 28
Price target increased to €148 Up from €134, the current price target is an average from 7 analysts. New target price is 41% above last closing price of €105. Stock is up 243% over the past year. Valuation Update With 7 Day Price Move • May 27
Investor sentiment improved over the past week After last week's 15% share price gain to €111, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 18x in the Capital Markets industry in Germany. Total returns to shareholders of 248% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €152 per share. Reported Earnings • Apr 17
Full year 2020 earnings released: EPS €2.18 (vs €0.77 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: €255.9m (up 109% from FY 2019). Net income: €49.9m (up 235% from FY 2019). Profit margin: 20% (up from 12% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth. Price Target Changed • Apr 17
Price target increased to €118 Up from €107, the current price target is an average from 6 analysts. New target price is 12% above last closing price of €106. Stock is up 249% over the past year. Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment improved over the past week After last week's 17% share price gain to €93.00, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 15x in the Capital Markets industry in Germany. Total returns to shareholders of 211% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €124 per share. Is New 90 Day High Low • Feb 06
New 90-day high: €90.00 The company is up 79% from its price of €50.40 on 06 November 2020. The German market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €101 per share. Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment improved over the past week After last week's 20% share price gain to €87.90, the stock is trading at a trailing P/E ratio of 59.8x, up from the previous P/E ratio of 49.8x. This compares to an average P/E of 19x in the Capital Markets industry in Germany. Total returns to shareholders over the past three years are 212%. Is New 90 Day High Low • Jan 14
New 90-day high: €67.20 The company is up 53% from its price of €43.80 on 16 October 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €67.14 per share. Price Target Changed • Jan 14
Price target raised to €72.00 Up from €65.43, the current price target is an average from 8 analysts. The new target price is 7.1% above the current share price of €67.20. As of last close, the stock is up 150% over the past year. Price Target Changed • Jan 10
Price target raised to €65.86 Up from €61.29, the current price target is an average from 8 analysts. The new target price is close to the current share price of €66.40. As of last close, the stock is up 135% over the past year. Is New 90 Day High Low • Dec 31
New 90-day high: €63.40 The company is up 45% from its price of €43.60 on 02 October 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €60.09 per share. Price Target Changed • Dec 17
Price target raised to €65.43 Up from €60.43, the current price target is an average from 8 analysts. The new target price is 12% above the current share price of €58.20. As of last close, the stock is up 140% over the past year. Is New 90 Day High Low • Dec 16
New 90-day high: €57.70 The company is up 34% from its price of €43.10 on 17 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €60.41 per share. Price Target Changed • Dec 03
Price target raised to €60.43 Up from €56.14, the current price target is an average from 8 analysts. The new target price is 8.5% above the current share price of €55.70. As of last close, the stock is up 144% over the past year. Announcement • Nov 05
flatex AG to Report Q3, 2020 Results on Nov 10, 2020 flatex AG announced that they will report Q3, 2020 results on Nov 10, 2020 Is New 90 Day High Low • Nov 04
New 90-day high: €49.15 The company is up 29% from its price of €38.05 on 05 August 2020. The German market is down 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is down 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €35.16 per share. Is New 90 Day High Low • Oct 08
New 90-day high: €45.60 The company is up 15% from its price of €39.50 on 09 July 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is down 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €53.29 per share. Announcement • Jul 31
FinTech Group AG (XTRA:FTK) completed the acquisition of DEGIRO B.V. FinTech Group AG (XTRA:FTK) signed an agreement to acquire DEGIRO B.V. for approximately €230 million on December 13, 2019. The consideration is on a cash and debt free basis. FinTech Group will pay €60 million in cash and remaining will be satisfied through issuance of up to 7.5 million shares. FinTech Group simultaneously completed the acquisition of 9.4% stake in DEGIRO B.V. by paying €23.6 million from its own funds. Following acquisition, flatex Chief Executive Officer Frank Niehage will join DEGIRO supervisory board. The closing of the transaction is subject to approval from competent regulatory authorities and is expected in second quarter of 2020. On July 21, 2020, De Nederlandsche Bank granted flatex AG the declaration of no-objection (DNO) on the acquisition. The formal closing process has started and will be completed by the end of July. Lazard Ltd acted as financial advisor and Angelika Bartholomäi, Sylvia Semkowicz, Frank Scheele, Thomas Wenninger, Alexander Schmidt, Georg Friedhelm Buchenhorst, Christina Grulke, Gerung von Hoff, Juliane Höhn, Jochen Blaffert, Julius Lussenburg, Kees Wegener Sleeswijk, Claire van Zwam, Ivo Verheijden, Ronald Landman, Yvette van Gemerden and Nicolien Borggreve of pwc legal acted as legal advisor to FinTech Group. ING Groep N.V. acted as financial advisor and Herman Kaemingk of Loyens & Loeff N.V. acted as legal advisor to DEGIRO.
FinTech Group AG (XTRA:FTK) completed the acquisition of DEGIRO B.V. on July 30, 2020. The remaining stake was acquired on a debt-and-cash-free basis for €36 million. As of August 1, 2020, DEGIRO will be consolidated into the flatex group. Announcement • Jun 22
flatex AG to Report First Half, 2020 Results on Sep 30, 2020 flatex AG announced that they will report first half, 2020 results on Sep 30, 2020 
