Aktia Bank plc: Interim report 1 January - 31 March 2012
Aktia Bank plc is a subsidiary to the listed Aktia plc and operates as parent company in the Bank Group.
Subsidiaries in the Bank Group are: Aktia Real Estate Mortgage Bank plc, Aktia Asset Management Ltd, Aktia Fund Management Company Ltd, Aktia Card Ltd, Aktia Invest Ltd and Aktia Corporate Finance Ltd.
Profit for 1-3/2012
The Bank Group’s operating profit for the first three months of 2012 amounted to EUR 12.4 (14.9) million. Profit for the reporting period was EUR 9.1 (11.3) million. Earnings per share stood at EUR 2.9 (3.5) million.
The banking business’ operating profit decreased to EUR 11.4 (16.0) million. Asset management improved its profitability and reached an operating profit of EUR 2.3 (1.5) million.
| Key figures | ||||||
| (EUR million) | 1-3/ 2012 | 1-3/ 2011 | Δ% | 10-12/ 2011 | Δ% | 2011 |
| Earnings per share (EPS) | 2.9 | 3.5 | -16% | 0.8 | 281% | 8.2 |
| Equity per share (NAV)1 | 130.9 | 100.1 | 31% | 106.4 | 23% | 106.4 |
| Return on equity (ROE), % | 8.8 | 12.5 | -30% | 2.5 | 247% | 6.8 |
| Total earnings per share | 14.5 | -4.1 | - | -0.6 | - | 2.0 |
| Number of shares at the end of the period 1 | 3 | 3 | 0% | 3 | 0% | 3 |
| Cost-to-income ratio | 0.68 | 0.63 | 8% | 0.78 | -13% | 0.73 |
| Capital adequacy ratio, %1 | 18.1 | 16.0 | 13% | 16.2 | 12% | 16.2 |
| Tier 1 capital ratio, %1 | 11.3 | 10.3 | 10% | 10.6 | 7% | 10.6 |
| 1) At the end of the period | ||||||
AKTIA BANK PLC
Managing Director Jussi Laitinen, tel. +358 10 247 6250
Deputy Managing Director, CFO Stefan Björkman, tel. +358 10 247 6595
From:
IR Manager Anna Gabrán, tel. +358 10 247 6501, +358 40 7081807