OP Financial Group's key indicators
|
|
Q1/2021 |
Q1/2020 |
Change, % |
Q1–4/2020 |
|
Earnings before tax, € million |
265 |
129 |
105.6 |
785 |
|
Retail Banking |
66 |
8 |
771.1 |
115 |
|
Corporate Banking |
115 |
14 |
745.2 |
349 |
|
Insurance |
117 |
59 |
98.0 |
348 |
|
Other Operations |
-22 |
57 |
-138.2 |
3 |
|
New OP bonuses accrued to owner-customers, € million |
-51 |
-65 |
-20.9 |
-255 |
|
Return on equity (ROE), % |
6.5 |
3.1 |
3.4* |
5.0 |
|
Return on equity, excluding OP bonuses, % |
7.6 |
4.7 |
3.0* |
6.6 |
|
Return on assets (ROA), % |
0.52 |
0.26 |
0.26* |
0.42 |
|
Return on assets, excluding OP bonuses, % |
0.61 |
0.39 |
0.22* |
0.55 |
|
31 Mar 2021 |
31 Mar 2020 |
Change, % |
31 Dec 2020 |
|
|
CET1 ratio, % |
18.1 |
17.7 |
0.5* |
18.9 |
|
Loan portfolio, € billion |
93.8 |
93.0 |
0.9 |
93.6 |
|
Deposits, € billion |
71.3 |
64.8 |
10.0 |
70.9 |
|
Ratio of non-performing receivables to exposures, %** |
2.4 |
2.0 |
0.4* |
2.5 |
|
Ratio of impairment loss on receivables to loan and guarantee portfolio, % |
0.09 |
0.44 |
-0.35* |
0.23 |
|
Owner-customers (1,000) |
2,032 |
2,007 |
1.3 |
2,025 |
*Change in ratio
**The name and content of the ratio was changed in Q1/2021. Comparatives have been adjusted accordingly. More detailed information on the change can be found under table Forborne loans and non-performing receivables in the Risk exposure section.
OP Financial Group’s strategic targets |
31 Mar |
31 Dec |
Target 2025 |
|
Return on equity (ROE excluding OP bonuses), % |
7.6 |
6.6 |
8.0 |
|
CET1 ratio, % |
18.1 |
18.9 |
At least CET1 requirement |
|
Brand recommendations, NPS (Net Promoter Score, personal and corporate customers)* |
20 |
23 |
30 |
|
Credit rating |
AA-/Aa3 |
AA-/Aa3 |
At least |
*Average of quarters (per year)