Yksityiskohta OP-Vallilan rakennuksesta.

OP Financial Group's Key Indicators

OP Financial Group’s Interim Report for 1 January–30 September 2022:Earnings before tax EUR 940 million – a good result in an uncertain business environment.

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
+ 4 pps*

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

Banking:
28

Banking:
29

Banking:
30

Insurance: 18

Insurance: 16

Insurance:
20

Credit rating

AA-/Aa3

AA-/Aa3

At least
at the level of AA-/Aa3

*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)