IKB Deutsche Industriebank AG
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IKB Deutsche Industriebank AG - overview
Established
1924
Location
Dusseldorf, -, Germany
Primary Industry
Financial Services
About
IKB Deutsche Industriebank AG is a German bank specializing in secure financial solutions, including savings and investment products for private customers, with a focus on stability and customer trust. Established in 1924, IKB Deutsche Industriebank AG is based in Dusseldorf, Germany, and primarily engages in the banking sector. The company has undergone strategic shifts, including the acquisition of IKB Leasing Group by HPS Investment Partners for EUR 210 million in January 2019. IKB's headquarters is in Dusseldorf, and the firm has operated in various European markets.
Michael Wiedmann currently serves as the CEO of the bank. The company has participated in 3 financial deals. IKB primarily offers secure financial products, focusing on savings and investment solutions tailored for private customers. The company's core offerings include flexible savings accounts, such as Tagesgeld, allowing access to funds with a competitive interest rate of 1.
50% per annum for deposits up to EUR 100,000. Additionally, IKB provides fixed-term savings options, or Festgeld, currently offering an interest rate of 2. 10% per annum for a 3-year term. The bank serves a diverse client base across Europe, emphasizing personalized investment solutions that safeguard capital against inflation and economic uncertainties.
In 2023, IKB reported a revenue of EUR 253,280,372. 9, while the EBITDA for the same year amounted to EUR -26,951,629. 4, reflecting the bank's financial performance through its interest income from savings and investment products. IKB Deutsche Industriebank AG is strategizing to enhance its product offerings and expand into new markets.
The bank plans to introduce innovative financial products aimed at private customers, with specific launch dates to be determined. Additionally, IKB is targeting expansions into emerging European markets to broaden its footprint by 2025. The recent funding round, which raised EUR 210 million through a Secondary Buyout, will support these initiatives and facilitate operational enhancements, ensuring that IKB remains competitive and responsive to client needs.
Current Investors
Lone Star Funds
Primary Industry
Financial Services
Sub Industries
Consumer Finance, Private Equity
Website
www.ikb.de
Total Amount Raised
Subscriber access only
IKB Deutsche Industriebank AG - timeline of key events
IKB Deutsche Industriebank AG - financials
| Fiscal Year Ended | Mar 31, 2011 | Mar 31, 2012 | Mar 31, 2013 | Mar 31, 2014 | Mar 31, 2015 | Mar 31, 2016 | Mar 31, 2017 | Mar 31, 2018 | Mar 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 183,000,000 | 202,000,000 | 103,400,000 | 247,600,000 | 222,900,000 | 258,700,000 | 281,900,000 | 291,000,000 | 230,700,000 | 139,300,000 | 201,200,000 | - | - | - |
| % Revenue Growth (YoY) | - | 10.4% | (48.8%) | 139.5% | (10.0%) | 16.1% | 9.0% | 3.2% | (20.7%) | - | - | - | - | - |
| EBITDA (USD) | 60,800,000 | (442,400,000) | 294,400,000 | 574,500,000 | 486,600,000 | 368,700,000 | 391,600,000 | 386,500,000 | 156,500,000 | 90,900,000 | (66,500,000) | - | - | - |
| Operating Income (USD) | 12,700,000 | (505,400,000) | (128,700,000) | 172,000,000 | 127,500,000 | 46,700,000 | 87,600,000 | 113,900,000 | 146,600,000 | 89,700,000 | (68,300,000) | - | - | - |
| Operating Margin | 6.9% | (250.2%) | (124.5%) | 69.5% | 57.2% | 18.1% | 31.1% | 39.1% | 63.5% | 64.4% | (33.9%) | - | - | - |
| % EBITDA Margin | 33.2% | (219.0%) | 284.7% | 232.0% | 218.3% | 142.5% | 138.9% | 132.8% | 67.8% | 65.3% | (33.1%) | - | - | - |
| NET Income (USD) | 51,500,000 | (516,900,000) | (143,000,000) | 32,200,000 | 4,700,000 | 10,400,000 | 25,600,000 | (215,500,000) | (40,500,000) | 73,000,000 | (86,300,000) | - | - | - |
| % Net Margin | 28.1% | (255.9%) | (138.3%) | 13.0% | 2.1% | 4.0% | 9.1% | (74.1%) | (17.6%) | 52.4% | (42.9%) | - | - | - |
IKB Deutsche Industriebank AG - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | IKB Deutsche Industriebank AG | - | ||||||||
| Secondary Buyout | Completed | IKB Deutsche Industriebank AG | - | ||||||||
| Buyout | Completed | IKB Deutsche Industriebank AG | - |
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IKB Deutsche Industriebank AG - employee data
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