Yksityiskohta OP-Vallilan rakennuksesta.

OP Financial Group's Key Indicators

OP Financial Group’s Financial Statements Bulletin for 1 January–31 December 2020: Earnings before tax EUR 785 million – net interest income and net insurance income increased in an uncertain business environment

OP Financial Group's key indicators

 

 

Q1–4/2020

Q1–4/2019

Change, %

Earnings before tax, € million

785

838

-6.3

   Retail Banking

115

235

-51.2

   Corporate Banking

349

311

12.5

   Insurance

348

373

-6.5

   Other Operations

3

-37

-

New OP bonuses accrued to owner-customers, € million

-255

-254

0.4

 

 

 

 

Return on equity (ROE), %

5.0

5.5

-0.5*

Return on equity, excluding OP bonuses, %

6.6

7.1

-0.6*

Return on assets (ROA), %

0.42

0.47

-0.05*

Return on assets, excluding OP bonuses, %

0.55

0.60

-0.06*

 

31 Dec 2020

31 Dec 2019

Change, %

CET1 ratio, %

18.9

19.5

-0.6*

Loan portfolio, € billion

93.6

91.5

2.4

Deposits, € billion

70.9

64.0

10.8

Ratio of non-performing receivables to loan and guarantee portfolio, %

2.0

1.1

0.9*

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

0.23

0.09

0.14*

Owner-customers (1,000)

2,025

2,003

1.1

 

 

 

 

*Change in ratio

OP Financial Group's strategic targets

31 Dec 2020

31 Dec 2019

Target 2025

Return on equity (ROE excluding OP bonuses), %

6.6

7.1

8.0

CET1 ratio, %

18.9

19.5

At least CET1 requirement + 4 pps 

Brand recommendations, NPS (Net Promoter Score, private and corporate customers)*

23

26

30

Credit rating

AA-/Aa3

AA-/Aa3

At least
at the level of
AA-/Aa3

*Average of quarters (per year)