Evli Plc Class B · OMXHEX:EVLI
Evli Plc Class B — Evli Bank — H1 2020 Earnings Presentation
13 slides from Evli Plc Class B's earnings presentation, Jul 14, 2020
Slide 1: Evli Bank Plc: Half Year Financial Report 2020
EVLI BANK PLC: HALF YEAR FINANCIAL REPORT 2020 Maunu Lehtimäki, CEO & Juho Mikola, CFO July 14, 2020
Slide 2: Strong result in an exceptional market environment
Strong result in an exceptional market environment Financial performance 1-6/2020 ▪ Net revenue decreased to EUR 33.0 million (EUR 35.1 million) ▪ Net commission income increased to EUR 33.4 million (EUR 32.5 million) ▪ Operating profit decreased to EUR 8.6 million (EUR 9.5 million) ▪ Recurring reve
Slide 3: Wealth Management & Investor Clients
Wealth Management & Investor Clients ▪ Net revenues increased 6% to EUR 29.1 million (EUR 27.4 million) ▪ Operating profit increased 47% to EUR 10.1 million (EUR 6.9 million) ▪ AUM EUR 12.9 billion (EUR 13.3 billion) − Discretionary asset management EUR 4.9 billion − Mutual funds EUR 5.5 billion − A
Slide 4: Advisory & Corporate Clients
Advisory & Corporate Clients ▪ Net revenues decreased 12% to EUR 4.4 million (EUR 5.0 million) ▪ Operating profit decreased 10% to EUR 0.9 million (EUR 1.0 million) ▪ Corporate Finance revenues decreased 38% − Advisor in four transactions − Increased focus on debt restructuring ▪ Management of incen
Slide 5: Financial figures 1-6/2020
Financial figures 1-6/2020
Slide 6: Financial Development 2016-Q2/2020
Financial Development 2016-Q2/2020 Strategic KPI Return on Equity Recurring Revenue (Target 15.0%) ratio (Target 100%) 17.3% 121% (1-6/2019: 19.8%) (1-6/2019: 113%) Assets under Net Commission Management Income (bn€) (M€) 12.9 33.4 (30.6.2019: 13.3) (1-6/2019: 32.5 ) 6
Slide 7: Profit and Loss Statement
Profit and Loss Statement M€ 4-6/2020 4-6/2019 1-6/2020 1-6/2019 Change, % 2019 2018 2017 Net interest 0.2 0.1 0.2 0.1 214% 0.3 0.7 0.9 Net commissions 15.6 16.9 33.4 32.5 3% 72.2 67.1 65.2 Net income from securities trading and FX 2.9 1.3 -0.8 2.5 -131% 3.2 0.7 4.9 Other operative income 0.0 0.0 0.
Slide 8: Balance Sheet
Balance Sheet 30.6. 30.6. 30.6. 30.6. ASSETS, M€ 2020 2019 LIABILITIES, M€ 2020 2019 Liabilities to credit institutions and central Liquid assets 337.4 276.9 7.5 14.7 banks Debt securities eligible for refinancing with Liabilities to the public and public-sector 41.8 36.1 490.1 611.2 central banks e
Slide 9: Key figures
Key figures 1-6/2020 1-6/2019 2019 2018 2017 Profitability key figures Return on equity (ROE), % 17.3 19.8 23.4 23.0 25.5 Return on assets (ROA), % 1.4 1.6 2.1 1.9 2.0 Balance sheet key figures Equity-to-assets ratio, % 7.9 6.7 8.9 9.5 7.6 Capital adequacy ratio, % 15.3 14.7 15.1 16.2 15.0 Key figur
Slide 10: Share Price Development and Trading Volume
Share Price Development and Trading Volume Share price development and trading volume* 2.12.2015–30.6.2020 Listed on Nasdaq Helsinki 2015 Market cap M€ 205.1*** Registered shareholders 4,858*** Source: Nasdaq OMX Helsinki 10 *Series B shares **Excluding 2% nominee registered ***30.6.2020
Slide 11: Outlook for 2020
Outlook for 2020 x = ‘Ye = TAM , = La EVLI
Slide 12: Outlook for 2020
Outlook for 2020 In the current market environment, we estimate that the operating profit for 2020 will be clearly positive. In a situation where market conditions would deteriorate from the current situation, we estimate the operating profit to be positive. The view is supported by: High ratio of r
Slide 13: Information set above is not intended as investment recommendation
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