Bifogade filer
Kurs & Likviditet
Kalender
2024-10-24 | Kvartalsrapport 2024-Q3 |
2024-07-19 | Kvartalsrapport 2024-Q2 |
2024-04-25 | Kvartalsrapport 2024-Q1 |
2024-03-27 | X-dag bonusutdelning ALBAV 0.25 |
2024-03-27 | X-dag ordinarie utdelning ALBBV 2.40 EUR |
2024-03-27 | X-dag bonusutdelning ALBBV 0.25 |
2024-03-27 | X-dag ordinarie utdelning ALBAV 2.40 EUR |
2024-03-26 | Årsstämma |
2024-02-02 | Bokslutskommuniké 2023 |
2023-10-24 | Kvartalsrapport 2023-Q3 |
2023-07-20 | Kvartalsrapport 2023-Q2 |
2023-04-27 | Kvartalsrapport 2023-Q1 |
2023-03-31 | X-dag ordinarie utdelning ALBAV 1.60 EUR |
2023-03-31 | X-dag ordinarie utdelning ALBBV 1.60 EUR |
2023-03-31 | X-dag bonusutdelning ALBBV 0.45 |
2023-03-31 | X-dag bonusutdelning ALBAV 0.45 |
2023-03-29 | Årsstämma |
2023-02-01 | Bokslutskommuniké 2022 |
2022-10-25 | Kvartalsrapport 2022-Q3 |
2022-07-19 | Kvartalsrapport 2022-Q2 |
2022-04-26 | Kvartalsrapport 2022-Q1 |
2022-03-31 | X-dag ordinarie utdelning ALBBV 1.55 EUR |
2022-03-31 | X-dag bonusutdelning ALBBV 0.45 |
2022-03-31 | X-dag bonusutdelning ALBAV 0.45 |
2022-03-31 | X-dag ordinarie utdelning ALBAV 1.55 EUR |
2022-03-30 | Årsstämma |
2022-02-02 | Bokslutskommuniké 2021 |
2021-10-26 | Kvartalsrapport 2021-Q3 |
2021-07-20 | Kvartalsrapport 2021-Q2 |
2021-04-27 | Kvartalsrapport 2021-Q1 |
2021-03-31 | X-dag ordinarie utdelning ALBBV 1.00 EUR |
2021-03-31 | X-dag ordinarie utdelning ALBAV 1.00 EUR |
2021-03-30 | Årsstämma |
2021-02-05 | Bokslutskommuniké 2020 |
2021-01-04 | X-dag bonusutdelning ALBBV 0.2 |
2021-01-04 | X-dag ordinarie utdelning ALBBV 0.80 EUR |
2021-01-04 | X-dag bonusutdelning ALBAV 0.2 |
2021-01-04 | X-dag ordinarie utdelning ALBAV 0.80 EUR |
2020-10-22 | Kvartalsrapport 2020-Q3 |
2020-07-17 | Kvartalsrapport 2020-Q2 |
2020-04-24 | Kvartalsrapport 2020-Q1 |
2020-04-06 | X-dag ordinarie utdelning ALBBV 0.00 EUR |
2020-04-06 | X-dag ordinarie utdelning ALBAV 0.00 EUR |
2020-04-02 | Årsstämma |
2020-02-07 | Bokslutskommuniké 2019 |
2019-10-23 | Kvartalsrapport 2019-Q3 |
2019-04-25 | Kvartalsrapport 2019-Q1 |
2019-04-04 | X-dag ordinarie utdelning ALBBV 0.70 EUR |
2019-04-04 | X-dag ordinarie utdelning ALBAV 0.70 EUR |
2019-04-03 | Årsstämma |
2019-02-08 | Bokslutskommuniké 2018 |
2018-10-23 | Kvartalsrapport 2018-Q3 |
2018-07-20 | Kvartalsrapport 2018-Q2 |
2018-04-25 | Kvartalsrapport 2018-Q1 |
2018-04-06 | X-dag ordinarie utdelning ALBAV 0.65 EUR |
2018-04-06 | X-dag ordinarie utdelning ALBBV 0.65 EUR |
2018-04-05 | Årsstämma |
2018-02-13 | Bokslutskommuniké 2017 |
2017-10-24 | Kvartalsrapport 2017-Q3 |
2017-07-20 | Kvartalsrapport 2017-Q2 |
2017-04-25 | Kvartalsrapport 2017-Q1 |
2017-04-07 | X-dag ordinarie utdelning ALBBV 0.60 EUR |
2017-04-07 | X-dag ordinarie utdelning ALBAV 0.60 EUR |
2017-04-06 | Årsstämma |
2017-02-14 | Bokslutskommuniké 2016 |
2016-10-25 | Kvartalsrapport 2016-Q3 |
2016-07-22 | Kvartalsrapport 2016-Q2 |
2016-04-26 | Kvartalsrapport 2016-Q1 |
2016-04-15 | X-dag ordinarie utdelning ALBAV 0.60 EUR |
2016-04-15 | X-dag ordinarie utdelning ALBBV 0.60 EUR |
2016-04-14 | Årsstämma |
2016-02-12 | Bokslutskommuniké 2015 |
2015-10-27 | Kvartalsrapport 2015-Q3 |
2015-07-24 | Kvartalsrapport 2015-Q2 |
2015-04-28 | Kvartalsrapport 2015-Q1 |
2015-04-17 | X-dag ordinarie utdelning ALBAV 0.40 EUR |
2015-04-17 | X-dag ordinarie utdelning ALBBV 0.40 EUR |
2015-04-16 | Årsstämma |
2015-02-13 | Bokslutskommuniké 2014 |
2014-10-28 | Kvartalsrapport 2014-Q3 |
2014-07-25 | Kvartalsrapport 2014-Q2 |
2014-04-29 | Kvartalsrapport 2014-Q1 |
2014-04-11 | X-dag ordinarie utdelning ALBBV 0.15 EUR |
2014-04-11 | X-dag ordinarie utdelning ALBAV 0.15 EUR |
2014-04-10 | Årsstämma |
2014-02-14 | Bokslutskommuniké 2013 |
2013-10-28 | Kvartalsrapport 2013-Q3 |
2013-07-29 | Kvartalsrapport 2013-Q2 |
2013-04-29 | Kvartalsrapport 2013-Q1 |
2013-04-19 | X-dag ordinarie utdelning ALBBV 0.15 EUR |
2013-04-19 | X-dag ordinarie utdelning ALBAV 0.15 EUR |
2013-04-18 | Årsstämma |
2013-03-05 | Extra Bolagsstämma 2013 |
2013-02-15 | Bokslutskommuniké 2012 |
2012-10-29 | Kvartalsrapport 2012-Q3 |
2012-07-30 | Kvartalsrapport 2012-Q2 |
2012-04-30 | Kvartalsrapport 2012-Q1 |
2012-04-20 | X-dag ordinarie utdelning ALBBV 0.00 EUR |
2012-04-20 | X-dag ordinarie utdelning ALBAV 0.00 EUR |
2012-04-19 | Årsstämma |
2012-02-16 | Bokslutskommuniké 2011 |
2011-10-31 | Kvartalsrapport 2011-Q3 |
2011-08-24 | Extra Bolagsstämma 2011 |
2011-08-01 | Kvartalsrapport 2011-Q2 |
2011-04-29 | Kvartalsrapport 2011-Q1 |
2011-04-15 | X-dag ordinarie utdelning ALBBV 0.00 EUR |
2011-04-15 | X-dag ordinarie utdelning ALBAV 0.00 EUR |
2011-04-14 | Årsstämma |
2011-02-21 | Bokslutskommuniké 2010 |
2010-11-01 | Kvartalsrapport 2010-Q3 |
2010-08-02 | Kvartalsrapport 2010-Q2 |
2010-05-03 | Kvartalsrapport 2010-Q1 |
2010-04-20 | X-dag bonusutdelning ALBAV 0.2 |
2010-04-20 | X-dag bonusutdelning ALBBV 0.2 |
2010-04-20 | X-dag ordinarie utdelning ALBBV 0.50 EUR |
2010-04-20 | X-dag ordinarie utdelning ALBAV 0.50 EUR |
2010-04-19 | Årsstämma |
2010-02-22 | Bokslutskommuniké 2009 |
2009-03-27 | X-dag ordinarie utdelning ALBBV 0.50 EUR |
2009-03-27 | X-dag ordinarie utdelning ALBAV 0.50 EUR |
2008-04-11 | X-dag ordinarie utdelning ALBBV 1.00 EUR |
2008-04-11 | X-dag ordinarie utdelning ALBAV 1.00 EUR |
2007-03-23 | X-dag ordinarie utdelning ALBAV 1.00 EUR |
2007-03-23 | X-dag ordinarie utdelning ALBBV 1.00 EUR |
2006-03-24 | X-dag ordinarie utdelning ALBBV 1.00 EUR |
2006-03-24 | X-dag ordinarie utdelning ALBAV 1.00 EUR |
2005-03-18 | X-dag ordinarie utdelning ALBAV 1.00 EUR |
2005-03-18 | X-dag ordinarie utdelning ALBBV 1.00 EUR |
2004-03-19 | X-dag ordinarie utdelning ALBAV 1.00 EUR |
2004-03-19 | X-dag ordinarie utdelning ALBBV 1.00 EUR |
2003-03-14 | X-dag ordinarie utdelning ALBBV 1.00 EUR |
2003-03-14 | X-dag ordinarie utdelning ALBAV 1.00 EUR |
2002-03-15 | X-dag ordinarie utdelning ALBAV 1.00 EUR |
2002-03-15 | X-dag ordinarie utdelning ALBBV 1.00 EUR |
2001-03-23 | X-dag ordinarie utdelning ALBAV 1.01 EUR |
2001-03-23 | X-dag ordinarie utdelning ALBBV 1.01 EUR |
2000-03-17 | X-dag ordinarie utdelning ALBBV 0.88 EUR |
2000-03-17 | X-dag ordinarie utdelning ALBAV 0.88 EUR |
1999-03-19 | X-dag ordinarie utdelning ALBBV 0.88 EUR |
1999-03-19 | X-dag ordinarie utdelning ALBAV 0.88 EUR |
1998-03-23 | X-dag ordinarie utdelning ALBBV 5.25 EUR |
1998-03-23 | X-dag ordinarie utdelning ALBAV 5.25 EUR |
Beskrivning
Land | Finland |
---|---|
Lista | Mid Cap Helsinki |
Sektor | Finans |
Industri | Bank |
Bank of Åland Plc
Interim Report
October 24, 2023 9.00 EET
Interim Report for the period January - September 2023
“We delivered a very strong third quarter, where net operating profit climbed by 72 per cent to EUR 19.1 M from the corresponding quarter of last year. The improvement in earnings was driven primarily by rising net interest income.
“We expect that the upturn in interest rates that has benefited our net interest income in recent quarters will now fade and that we will see a stabilisation in interest rates. Despite rising interest rates, we are not yet seeing any deterioration in the quality of our loan portfolio.”
Peter Wiklöf, Managing Director
January−September 2023 compared to January−September 2022
- Net operating profit increased by 17 per cent to EUR 41.5 M (35.5). Excluding a divestment gain in the year-earlier period, net operating profit increased by 62 per cent to EUR 41.5 M (25.7).
- Core income in the form of net interest income, net commission income and IT income increased by 16 per cent to EUR 146.4 M (125.8).
- Other income, which included a divestment gain in the year-earlier period, decreased by 98 per cent to EUR 0.3 M (11.3).
- Total expenses increased by 6 per cent to EUR 103.1 M (97.7).
- Net impairment losses on financial assets (including recoveries) totalled EUR 2.0 M (4.0), equivalent to a loan loss level of 0.06 per cent (0.12).
- Return on equity after taxes (ROE) increased to 15.7 per cent (13.1, but 9.8 excluding a divestment gain).
- Earnings per share decreased by 17 per cent to EUR 2.13 (1.82).
- The common equity Tier 1 capital ratio increased to 14.0 per cent (12.0 on December 31, 2022).
- Unchanged future outlook: The Bank of Åland expects its net operating profit in 2023 to be significantly better than in 2022.
The third quarter of 2023 compared to the third quarter of 2022
- Net operating profit increased by 72 per cent to EUR 19.1 M (11.1).
- Core income in the form of net interest income, net commission income and IT income increased by 23 per cent to EUR 52.1 M (42.5).
- Other income, including negative net income on financial items, amounted to EUR -0.9 M (0.2).
- Total expenses increased by 3 per cent to EUR 31.5 M (30.5).
- Net impairment losses on financial assets (including recoveries) totalled EUR 0.7 M (1.1), equivalent to a loan loss level of 0.06 per cent (0.11).
- Return on equity after taxes (ROE) increased to 21.6 per cent (12.4).
- Earnings per share increased by 73 per cent to EUR 0.99 (0.57).
Financial summary
Group | Q3 2023 | Q2 2023 | % | Q3 2022 | % | Jan-Sep 2023 | Jan-Sep 2022 | % |
EUR M | ||||||||
Income | ||||||||
Net interest income | 27.9 | 24.2 | 15 | 18.9 | 47 | 71.8 | 48.5 | 48 |
Net commission income | 17.8 | 18.2 | -3 | 18.6 | -4 | 54.3 | 60.0 | -9 |
IT income | 6.4 | 7.7 | -16 | 5.0 | 28 | 20.2 | 17.3 | 17 |
Other income | -0.9 | 0.0 | 0.2 | 0.3 | 11.3 | -98 | ||
Total income | 51.2 | 50.1 | 2 | 42.7 | 20 | 146.6 | 137.1 | 7 |
Staff costs | -19.4 | -20.4 | -5 | -17.9 | 8 | -60.4 | -55.8 | 8 |
Other expenses | -8.9 | -11.5 | -22 | -9.3 | -3 | -30.4 | -28.4 | 7 |
Statutory fees | 0.0 | 0.0 | 0.0 | -3.2 | -3.4 | -6 | ||
Depreciation/amortisation | -3.1 | -3.0 | 5 | -3.3 | -6 | -9.0 | -10.0 | -9 |
Total expenses | -31.5 | -34.9 | -10 | -30.5 | 3 | -103.1 | -97.7 | 6 |
Profit before impairment losses | 19.8 | 15.2 | 30 | 12.2 | 61 | 43.5 | 39.4 | 10 |
Impairment losses on financial assets, net | -0.7 | -1.0 | -31 | -1.1 | -39 | -2.0 | -4.0 | -49 |
Net operating profit | 19.1 | 14.2 | 34 | 11.1 | 72 | 41.5 | 35.5 | 17 |
Income taxes | -4.0 | -2.9 | 34 | -2.2 | 76 | -8.9 | -7.2 | 24 |
Profit for the period | 15.1 | 11.3 | 34 | 8.9 | 71 | 32.6 | 28.3 | 15 |
Attributable to: | ||||||||
Shareholders in Bank of Åland Plc | 15.1 | 11.3 | 34 | 8.9 | 71 | 32.6 | 28.2 | 15 |
Volume | ||||||||
Lending to the public | 3,777 | 4,274 | -12 | 4,241 | -11 | |||
Deposits from the public | 3,553 | 3,700 | -4 | 4,207 | -16 | |||
Actively managed assets | 8,982 | 9,010 | 0 | 8,212 | 9 | |||
Managed mortage loans | 2,600 | 2,050 | 27 | 1,195 | ||||
Equity capital | 318 | 296 | 7 | 312 | 2 | |||
Balance sheet total | 5,196 | 5,701 | -9 | 6,145 | -15 | |||
Risk exposure amount | 1,741 | 1,882 | -7 | 1,967 | -11 |
The Bank of Åland (Ålandsbanken) follows the disclosure procedure stipulated in "Disclosure obligation of the issuer (7/2013)", published by the Finnish Financial Supervisory Authority and hereby publishes its Interim Report for the period January – September 2023, which is enclosed with this stock exchange release. The Bank`s Interim Report for the period January – September 2023 is attached to this release in PDF format and is also available on the company’s web site at https://www.alandsbanken.com/uploads/pdf/result/en_resultat_jan-sep_23.pdf
Mariehamn, October 24, 2023
THE BOARD OF DIRECTORS
For more information please contact:
Peter Wiklöf, Managing Director and Chief Executive, Bank of Åland, tel. + 358 (0)40 512 7505