OP Financial Group's Key Indicators

Q1/2024 

Q1/2023 

Change, % 

Q1–4/2023 

Operating profit, € million 

618 

480 

28.7 

2,050 

 Retail Banking 

368 

256 

43.5 

1,223 

 Corporate Banking 

140 

100 

39.8 

408 

 Insurance 

118 

90 

31.4 

414 

 Group Functions 

-5 

4 

- 

-26 

New OP bonuses accrued to owner-customers,  
€ million 

-75 

-64 

17.4 

-275 

Total income 

1,259 

1,111 

13.3 

4,775 

Total expenses 

-537 

-553 

-2.9 

-2,201 

Cost/income ratio, % 

42.6 

49.8 

-7.1* 

46.1 

Return on equity (ROE), % 

12.1 

10.5 

1.6* 

10.6 

Return on equity, excluding OP bonuses, %  
 

13.4 

11.8 

1.6* 

12.0 

Return on assets (ROA), % 

1.25 

0.94 

0.31* 

0.98 

Return on assets, excluding OP bonuses, % 

1.39 

1.05 

0.34* 

1.11 

31 Mar 2024 

31 Mar 2023 

Change, % 

31 Dec 2023 

CET1 ratio, % 

19.6 

18.3 

1.3* 

19.2 

Loan portfolio, € billion 

98.4 

98.8 

-0.5 

98.9 

Deposits, € billion 

73.6 

74.1 

-0.8 

74.5 

Ratio of non-performing exposures to exposures, % 

3.04 

2.41 

0.6* 

2.94 

Ratio of impairment loss on receivables to loan and guarantee portfolio, % 

0.15 

0.09 

0.06* 

0.26 

Owner-customers (1,000) 

2,095 

2 071 

1.1 

2,094