Evli Plc Class B · OMXHEX:EVLI
Evli Plc Class B — Evli Bank — FY2020 Earnings Presentation
15 slides from Evli Plc Class B's earnings presentation, Jan 22, 2021
Slide 1: Evli Bank Plc: Financial Statements Bulletin 1-12/2020
EVLI BANK PLC: FINANCIAL STATEMENTS BULLETIN 1-12/2020 Maunu Lehtimäki, CEO & Juho Mikola, CFO January 22, 2020 IEVLII
Slide 2: Q4/2020 turned out to be best ever
Q4/2020 turned out to be best ever Financial performance 1-12/2020 Net revenue increased to EUR 79.7 million (EUR 75.8 million) Net commission income increased to EUR 76.8 million (EUR 72.2 million) Operating profit increased to EUR 29.1 million (EUR 24.1 million) Recurring revenue ratio at
Slide 3: Wealth Management & Investor Clients
Wealth Management & Investor Clients Split of Wealth Management fees 1-12/2020 Net revenues increased 9% to EUR 67.1 million (EUR 61.6 million) 13% , 16% 1% Operating profit increased 18% to EUR 33.5 million (EUR 28.3 million) AUM EUR 14.1 billion (EUR 14.3 billion) − Discretionary asset manag
Slide 4: Advisory & Corporate Clients
Advisory & Corporate Clients Split of advisory commissions 1-12/2020 9% Net revenues decreased 11% to EUR 9.7 million 33% (EUR 10.9 million) Operating profit decreased 33% to EUR 2.7 million (EUR 4.0 million) Corporate Finance advisory fees below previous year's level at EUR 3.3 million (EUR 6
Slide 5: Financial figures 1-12/2020
Financial figures 1-12/2020 IEVLII
Slide 6: Financial Development 2016-2020
Financial Development 2016-2020 Net Revenue (M€) Net commission income (M€) Strategic KPI 79.7 75.8 71.4 76.8 68.5 72.2 67.1 60.0 65.2 Return on Equity Recurring Revenue 54.3 (Target 15.0%) ratio (Target 100%) 26.2% 124% (1-12/2019: 23.4%) (1-12/2019: 124%) 2016 2017 2018 2019 2020 2016 2017 2018 20
Slide 7: Profit and Loss Statement
Profit and Loss Statement M€ 10-12/2020 10-12/2019 1-12/2020 1-12/2019 Change, % 2018 2017 Net interest 0.0 0.2 0.2 0.3 -39% 0.7 0.9 Net commissions 26.6 22.5 76.8 72.2 6% 67.1 65.2 Net income from securities trading and FX 1.4 0.0 2.4 3.2 -23% 0.7 4.9 Other operative income 0.1 0.1 0.2 0.1 - 0.1 0.
Slide 8: Balance Sheet
Balance Sheet 31.12. 31.12. 31.12. 31.12. ASSETS, M€ 2020 2019 LIABILITIES, M€ 2020 2019 Liabilities to credit institutions and central Liquid assets 331.6 305.7 0.7 1.9 banks Debt securities eligible for refinancing with Liabilities to the public and public-sector 37.2 36.1 385.2 551.6 central bank
Slide 9: Key figures
Key figures 2020 2019 2018 2017 Return on Equity (%) Profitability key figures 26.2% Return on equity (ROE), % 26.2 23.4 23.0 25.5 25.5% 23.0% 23.4% Return on assets (ROA), % 2.7 2.1 1.9 2.0 Balance sheet key figures 14.3% Equity-to-assets ratio, % 12.3 8.9 9.5 7.6 Capital adequacy ratio, % 15.2 15.
Slide 10: Highlights of 2020
Highlights of 2020 ,t. 1. Excellent performance of Private Banking • Despite the corona challenges, strong sales and increase in the number of clients • Best Private Bank second year in a row • Investment philosophy combining goal-based investing with a holistic and well diversified approach regardi
Slide 11: Focus in 2021
Focus in 2021 1. Alternative investment funds – introduction of new asset classes and programs • Introduction of leverage loan and private debt products to complement existing portfolio • Continuum to existing products 2. International sales • Emphasis on leveraging existing markets • Building our p
Slide 12: Share Price Development and Trading Volume
Share Price Development and Trading Volume Share price development and trading volume* 2.12.2015–31.12.2020 Shareholdings by owner group 31.12.2020** Daily turnover, pcs Closing price, € Non-profit 140 000 13,00 institutions; 2% Public sector Foreigners; 1% organizations; 1% 12,00 120 000 Financial
Slide 13: Outlook
Outlook 13
Slide 14: Outlook for 2021
Outlook for 2021 We estimate that the operating profit for 2021 will be clearly positive. The view is supported by: High ratio of recurring revenue to operating costs Sales of alternative investment products, which have brought new, stable revenue Continued strong demand for private wealth managemen
Slide 15: IEvul
Information set above is not intended as investment recommendation. This report is based on sources that Evli Bank Plc considers to be correct and reliable. Evli Bank Plc. nor its employees give any guarantee concerning the correctness, accuracy or completeness of any information, views, opinions, e