TF Bank announces ambitious new financial targets
The Supervisory Board of TF Bank has established new financial targets and dividend policy for the three-year period leading up to 2020. Maintaining a strong return on equity, the financial targets are expected to create strong shareholder value in the long term. The updated targets will be presented by the CEO and CFO in a live audio cast at CET 08:15 on 25 October.TF Bank has defined an earnings per share target of SEK 14.50 or higher by 2020, and a new target for cost efficiency implying a C/I ratio below 35 % by 2020. The Supervisory board remains focused on the banks capital