OP Financial Group's key indicators
|
|
Q1–3/2022 |
Q1–3/2021 |
Change, % |
Q1–4/2021 |
|
Earnings before tax, € million |
940 |
858 |
9.6 |
1,127 |
|
Retail Banking |
335 |
224 |
49.6 |
304 |
|
Corporate Banking |
220 |
356 |
-38.3 |
474 |
|
Insurance |
319 |
380 |
-16.0 |
504 |
|
Group Functions |
-16 |
-70 |
- |
-109 |
|
New OP bonuses accrued to owner-customers, € million |
161 |
157 |
2.9 |
210 |
|
|
|
|
|
|
|
Return on equity (ROE), % |
7.2 |
6.9 |
0.3* |
6.6 |
|
Return on equity, excluding OP bonuses, % |
8.4 |
8.1 |
0.3* |
7.8 |
|
Return on assets (ROA), % |
0.59 |
0.56 |
0.03* |
0.54 |
|
Return on assets, excluding OP bonuses, % |
0.69 |
0.66 |
0.03* |
0.64 |
|
|
30 Sep 2022 |
30 Sep 2021 |
Change, % |
31 Dec 2021 |
|
CET1 ratio, % |
17.7 |
19,0 |
-1.3 * |
18,2 |
|
Loan portfolio, € billion |
98.9 |
95.2 |
3.8 |
96.9 |
|
Deposits, € billion |
75.4 |
74.6 |
1.1 |
75.6 |
|
Ratio of non-performing exposures to exposures, % |
2.4 |
2.4 |
0.0* |
2.4 |
|
Ratio of impairment loss on receivables to loan and guarantee portfolio, % |
0.09 |
0.13 |
-0.04* |
0.16 |
|
Owner-customers (1,000) |
2,062 |
2,045 |
0.8 |
2,049 |
Comparatives for the income statement are based on the corresponding figures a year ago. Unless otherwise specified, figures from 31 December 2021 are used as comparatives for balance-sheet and other cross-sectional items.
*Change in ratio
Strategic targets
|
|
30 Sep 2022 |
31 Dec 2021 |
Target 2025 |
|
Return on equity (ROE excluding OP bonuses), % |
8.4 |
7.8 |
8,0 |
|
CET1 ratio, % |
17.7 |
18.2 |
At least CET1 requirement |
|
Brand recommendations, NPS (Net Promoter Score, personal and corporate customers)** |
Banking: |
Banking: |
Banking: |
|
Insurance: 18 |
Insurance: 16 |
Insurance: |
|
|
Credit rating |
AA-/Aa3 |
AA-/Aa3 |
At least |
*OP Financial Group’s target CET1 ratio is at least the CET1 capital adequacy requirement plus four percentage points. The CET1 target calculated by applying the September-end capital adequacy requirement was 15.8%.
**Average of quarters (per financial year)