OP Pohjola’s key indicators
|
€ million |
Q1–3/2025 |
Q1–3/2024 |
Change, % |
Q1–Q4/2024 |
|
Operating profit, € million |
1,715 |
1,948 |
-12.0 |
2,486 |
|
Retail Banking** |
740 |
1,079 |
-31.4 |
1,328 |
|
Corporate Banking** |
454 |
376 |
20.9 |
520 |
|
Insurance |
429 |
458 |
-6.3 |
578 |
|
Group Functions |
102 |
4 |
– |
19 |
|
New OP bonuses accrued to owner-customers, € million |
-244 |
-233 |
4.7 |
-314 |
|
Total income |
3,393 |
3,650 |
-7.0 |
4,844 |
|
Total expenses |
-1,725 |
-1,629 |
5.9 |
-2,262 |
|
Cost/income ratio, %* |
50.8 |
44.6 |
6.2 |
46.7 |
|
Non-life Insurance combined ratio, %* |
88.1 |
95.0 |
-6.9 |
92.3 |
|
Return on equity (ROE), %* |
9.8 |
12.3 |
-2.5 |
11.6 |
|
Return on equity, excluding OP bonuses, %* |
11.2 |
13.7 |
-2.6 |
13.0 |
|
Return on assets (ROA), %* |
1.13 |
1.30 |
-0.18 |
1.24 |
|
Return on assets, excluding OP bonuses, %* |
1.28 |
1.46 |
-0.18 |
1.39 |
|
|
30 Sep 2025 |
30 Sep 2024 |
Change, % |
31 Dec 2024 |
|
CET1 ratio, %* |
21.0 |
21.4 |
-0.4 |
21.5 |
|
Loan portfolio, € billion |
100.2 |
98.0 |
2.2 |
98.9 |
|
Deposits, € billion |
79.8 |
76.2 |
4.7 |
77.7 |
|
Assets under management, € billion*** |
101.8 |
93.2 |
9.3 |
93.3 |
|
Ratio of non-performing exposures to exposures, %* |
2.14 |
2.91 |
-0.77 |
2.64 |
|
Ratio of impairment loss on receivables to loan and guarantee portfolio, %* |
-0.06 |
0.10 |
-0.15 |
0.09 |
|
Owner-customers (1,000) |
2,132 |
2,107 |
1.2 |
2,115 |
Comparatives for the income statement items are based on the corresponding figures in 2024. Unless otherwise specified, figures from 31 December 2024 are used as comparatives for balance-sheet and other cross-sectional items.
* Change in ratio, percentage point(s).
** As of 1 January 2025, OP Asset Management Ltd, OP Fund Management Company Ltd and OP Real Estate Asset Management Ltd, including subsidiaries, are reported as part of the Retail Banking segment. Comparative information of 2024 has been adjusted accordingly.
*** The presentation of assets under management was changed at the beginning of 2025. Comparatives have been adjusted to correspond to the current definition.
OP Pohjola's strategic targets and outcomes
|
|
30.9.2025 |
31.12.2024 |
Target |
|
Return on equity (ROE excluding OP bonuses), % |
11.2 |
13.0 |
9.0 |
|
CET1 ratio, % |
21.0 |
21.5 |
At least CET1 requirement + 4 pps* |
|
Brand recommendations, bNPS (Net Promoter Score, personal and corporate customers)** |
Banking: 1 |
Banking: 1 |
Banking: 1 |
|
Insurance: 2 (shared) |
Insurance: 2 |
Insurance: 1 |
|
|
Credit rating |
AA-/Aa3 |
AA-/Aa3 |
At least at the level of AA-/Aa3 |
* OP Pohjola's target CET1 ratio is at least the CET1 capital adequacy requirement plus four percentage points. The CET1 target calculated by applying the capital adequacy requirement of 30 September 2025 was 18.3%.
** Ranking in the survey on switching bank and insurer by Kantar Finland Oy and in a nationwide survey on SMEs by Red Note Oy. .