OVB kicks off the financial year with strong revenue growth once again
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![[Translate to English:] Quartalsbericht Q1 2026 [Translate to English:] Quartalsbericht Q1 2026](/fileadmin/assets/Bilder/_processed_/c/f/csm_thumb_gb_2025_3532561b03.jpg)
- Brokerage income rises by 7.9 per cent to €114.5 million
- Number of clients and financial advisors at an all-time high
- EBIT affected by a temporary extraordinary item
Cologne, 13 May 2026. OVB Holding AG, based in Cologne and one of Europe’s leading financial advisory groups, started the 2026 financial year with significant revenue growth. In the first quarter of 2026, brokerage income rose by 7.9 per cent year-on-year to €114.5 million (Q1 2025: €106.2 million). This figure marks the highest quarterly revenue in the company's history.
Operating income (EBIT) fell year-on-year from €3.0 million to €2.3 million. The main reason for this was a temporary extraordinary item at individual national companies in the Southern and Western Europe segment. After income tax and minority interests, OVB reported consolidated net income of €0.4 million (Q1 2025: €1.4 million).
As at 31 March 2026, 6,558 full-time financial advisors were working for OVB throughout the Group (Q1 2025: 6,349). At the same time, the number of clients rose by 3.9 per cent year-on-year to 4.94 million (Q1 2025: 4.76 million). Both figures are now at record highs.
Performance by segment
The Southern and Western Europe segment recorded a moderate decline in brokerage income to €30.2 million (Q1 2025: €31.8 million). Operating income was €−1.5 million (Q1 2025: €1.0 million). In the Germany segment, revenue reached €14.5 million (Q1 2025: €15.3 million). Operating income totalled €0.4 million (Q1 2025: €1.0 million). The Central and Eastern Europe segment once again proved to be highly dynamic, with brokerage income rising in the first quarter of 2026 by 18.2 per cent to €69.9 million (Q1 2025: €59.1 million) operating incomes increasing to €6.0 million (Q1 2025: €4.6 million).
Mario Freis, CEO of OVB Holding AG, commented: “Our business performance in the first quarter of 2026 has to be viewed in a nuanced light: our earnings have been negatively impacted by a temporary extraordinary item. At Group level, our sales operations continue to perform very well, while revenue and the number of clients and financial advisors are reaching new highs.”
Outlook
OVB Holding AG confirms its forecast for the 2026 financial year. Against the backdrop of the continuing macroeconomic uncertainties, OVB expects the Group’s brokerage income for the 2026 financial year to be between €430 million and €470 million and operating income (EBIT) to be in the range of €10 million to €15 million.
About the OVB Group
The OVB Group, with its holding company headquarters in Cologne, is one of Europe’s leading financial advisory groups. Since its foundation in 1970, OVB’s business activities have focused on providing long-term, comprehensive and, above all, client-oriented financial advice to private households. OVB works with more than 100 high-performance providers and fulfils its clients’ individual needs with competitive products, from basic protection for financial security and property/asset insurance to pensions, asset generation and wealth management. OVB Holding AG and its German subsidiary OVB Vermögensberatung AG are expressly committed to the Diversity Charter, the largest employer initiative on diversity in German companies.
OVB currently operates in 16 European countries. It has 6,558 full-time financial advisors serving 4.94 million clients. OVB Holding AG and its subsidiaries generated brokerage income of €437.2 million and EBIT of €10.6 million in 2025. OVB Holding AG has been listed on the Frankfurt Stock Exchange (Prime Standard, ISIN DE0006286560) since July 2006.
Key figures for the OVB Group for the first quarter of 2026
Key operating figures
| Unit | 1 Jan. – 31 Mar.2025 | 1 Jan. – 31 Mar.2026 | Change | |
| Clients (31 March) | Number | 4.76 m | 4.94 m | +3.9 % |
| Financial advisors (31 March) | Number | 6,349 | 6,558 | +3.3 % |
| Brokerage income | € million | 106.2* | 114.5 | +7.9 % |
Key financial figures
| Einheit | 1 Jan. – 31 Mar. 2025 | 1 Jan. – 31 Mar. 2026 | Change | |
| Earnings before interest and taxes (EBIT) | € million | 3.0 | 2.3 | −22.7 % |
| EBIT margin | % | 2.9* | 2.0 | −0.8 %-pts. |
| Consolidated net income attributable to shareholders of OVB Holding AG | € million | 1.4 | 0.4 | −68.8 % |
| Earnings per share (basic) | € | 0.10 | 0.03 | −68.8 % |
Key figures by region for the first quarter of 2026
Central and Eastern Europe
| Einheit | 1 Jan. – 31 Mar. 2025 | 1 Jan. – 31 Mar. 2026 | Change | |
| Clients (31 March) | Number | 3.31 m | 3.44 m | +3.9 % |
| Financial advisors (31 March) | Number | 4,000 | 4,217 | +5.4 % |
| Brokerage income | € million | 59.1* | 69.9 | +18.2 % |
| Earnings before interest and taxes (EBIT) | € million | 4.6 | 6.0 | +30.3 % |
| EBIT margin | % | 7.8* | 8.6 | +0.8 %-pts. |
Germany
| Unit | 1 Jan. – 31 Mar. 2025 | 1 Jan. – 31 Mar. 2026 | Change | |
| Clients (31 March) | Number | 598,135 | 594,148 | −0.7 % |
| Financial advisors (31 March) | Number | 1,081 | 1,065 | −1.5 % |
| Brokerage income | € million | 15.3* | 14.5 | −5.5 % |
| Earnings before interest and taxes (EBIT) | € million | 1.0 | 0.4 | −58.8 % |
| EBIT margin | % | 6.5 | 2.9 | −3.7 %-pts. |
Southern and Western Europe
| Unit | 01.01. – 31.03.2025 | 01.01. – 31.03.2026 | Change | |
| Clients (31 March) | Number | 845,555 | 906,218 | +7.2 % |
| Financial advisors (31 March) | Number | 1,268 | 1,276 | +0.6 % |
| Brokerage income | € million | 31.8* | 30.2 | −4.9 % |
| Earnings before interest and taxes (EBIT) | € million | 1.0 | −1.5 | >−100.0 % |
| EBIT margin | % | 3.1* | −4.9 | >−100.0 % |
Percentages and figures may be subject to rounding differences. Percentages are calculated on the basis of thousands of €.
* The comparative figures have been restated following a change in accounting policy.