Slide 1: Evli Bank Plc: Financial Review 1-12/2021
EVLI BANK PLC: FINANCIAL REVIEW 1-12/2021 Maunu Lehtimäki, CEO & Juho Mikola, CFO January 25, 2022
Slide 2: Highlights for the period
Highlights for the period • Historic performance – All major business lines saw significant growth FINANCIAL • Group Net revenue reached EUR 115.6 million (EUR 79.7 million) • Operating profit exceeded previous full-year level reaching EUR 53.0 million (EUR PERFORMANCE 29.1 million) • Recurring reve
Slide 3: Wealth Management & Investor Clients
Wealth Management & Split of Wealth Management fees 1-12/2021 Investor Clients 16 % 13 % Net revenues increased 36% to EUR 91.4 million (EUR 67.1 million) Operating profit increased 61% to EUR 53.8 million (EUR 33.5 million) 48 % 9% AUM EUR 17.5 billion (EUR 14.1 billion) 14 % • Discretionary
Slide 4: Advisory & Corporate Clients
Advisory & Corporate Clients Split of advisory commissions 1-12/2021 2% Net revenues increased 108% to EUR 20.2 million (EUR 9.7 million) 42 % 56 % Operating profit increased to EUR 7.4 million (EUR 1.8 million) Corporate Finance advisory fees grew to EUR 11.5 million (EUR 3.3 million) • Acted
Slide 5: Financial figures 1-12/2021
Financial figures 1-12/2021
Slide 6: Financial development 2018-2021
Financial development 2018-2021 Net Revenue (M€) Net commission income Operating profit (M€) Net profit (M€) (M€) 43,0 115,6 111,7 53,0 79,7 79,7 72,2 76,8 76,8 75,8 67,1 23,2 23,2 68,5 29,1 29,1 24,1 17,3 18,7 18,9 KPIs 31.12.2021 Return on Equity Recurring revenue ratio Assets Under Management Net
Slide 7: Key figures
Key figures 12/2021 12/2020 2019 2018 Return on Equity (%) Profitability key figures 40,3 % Return on equity (ROE), % 40.3 26.2 23.4 23.0 Return on assets (ROA), % 5.6 2.7 2.1 1.9 26,2 % 25,5 % 23,0 % 23,4 % Balance sheet key figures Equity-to-assets ratio, % 15.6 12.3 8.9 9.5 Capital adequacy ratio
Slide 8: Profit and Loss Statement
Profit and Loss Statement M€ 10-12/2021 10-12/2020 1-12/2021 1-12/2020 Change, % 2019 2018 Net interest 0.0 0.0 0.1 0.2 -41% 0.3 0.7 Net commissions 34.2 26.6 111.7 76.8 45% 72.2 67.1 Net income from securities trading and FX 0.7 1.4 3.5 2.4 3.2 0.7 Other operative income 0.2 0.1 0.2 0.2 - 0.1 0.1 N
Slide 9: Balance Sheet
Balance Sheet ASSETS, M€ 31.12.2021 31.12.2020 LIABILITIES, M€ 31.12.2021 31.12.2020 Liabilities to credit institutions and central Liquid assets 384.1 331.6 banks 8.6 0.7 Debt securities eligible for refinancing with central Liabilities to the public and public-sector banks 33.4 37.2 entities 402.9
Slide 10: Focus in 2022
Focus in 2022 1. Demerger of Evli to banking entity and asset management group during spring 2. Grow both domestic and international 3. Scale existing products 10
Slide 11: Share price development and trading volume
Share price development and trading volume Breakdown of shareholdings by owner group 31.12.2021** Non-profit Share price development and trading volume* 1.1.2021-31.12.2021 Public sector institutions 2% Foreigners organizations 1% 1% Daily turnover, pcs Closing price, € Financial 70 000 30,00 instit
Slide 12: Outlook for 2022
Outlook for 2022 Due to demerger, outlook to be specified later in Spring. Current expectation that Asset Management business to perform well. Supporting factors • Assets under management at all time high • More stable alternative investments grown to form a good part of assets under management • In