Oberbank
Regional bank Oberbank AG is a member of the 3-Banken-Gruppe and has its headquarters in Linz. The long-established Linz shipmaster family Scheibenpogen's commercial enterprise served as the foundation for the bank's development during the course of the 17th century. Hence, the bank has been around since about 1650.
It was known as J. M. Scheibenpogens Eidam in the 19th century when it was acquired by Josef Planck, the Eidam (son-in-law) of the previous mayor of Linz, Johann Michael Scheibenpogen (II). In 1869, the private bank became the "Bank für Oberösterreich und Salzburg," a public limited company, thanks to Josef Planck's 1844 ancestors, Planck von Planckburg.
Oberbank's market capitalization as of April 2023 was $4.25 billion. By market cap, this places Oberbank as the 2629th most valuable corporation in the world. The most recent financial reports from Oberbank indicate that the company's current revenue (TTM) is $0.61 billion. The company generated $0.66 billion in revenue in 2021, an increase from $0.63 billion in revenue in 2020.
Founded: 1 July 1869
Headquarters: Linz, Upper Austria, Austria
Website: www.oberbank.at