Evli Plc Class B · OMXHEX:EVLI
Evli Plc Class B — Evli Bank — Q3 2020 Earnings Presentation
14 slides from Evli Plc Class B's earnings presentation, Oct 26, 2020
Slide 1: Evli Bank Plc: Interim Report 1-9/2020
EVLI BANK PLC: INTERIM REPORT 1-9/2020 Maunu Lehtimäki, CEO & Juho Mikola, CFO October 26, 2020
Slide 2: Strong third quarter 2020
Strong third quarter 2020 Financial performance 1-9/2020 Net revenue decreased to EUR 51.6 million (EUR 53.1 million) Net commission income increased to EUR 50.2 million (EUR 49.7 million) Operating profit at previous year’s level of EUR 15.5 million (EUR 15.4 million) Recurring revenue rati
Slide 3: Wealth Management & Investor Clients
Wealth Management & Investor Clients Split of Wealth Management fees 1-9/2020 Net revenues increased 3% to EUR 43.7 million (EUR 42.2 million) 2% 11% Operating profit increased 27% to EUR 15.6 million (EUR 12.3 million) AUM EUR 13.6 billion (EUR 13.6 billion) 13% − Discretionary asset manageme
Slide 4: Advisory & Corporate Clients
Advisory & Corporate Clients Net revenues decreased 13% to EUR 6.4 million Split of advisory commissions 1-9/2020 (EUR 7.4 million) 9% Operating profit decreased 29% to EUR 1.2 million (EUR 1.6 33% million) Corporate Finance revenues decreased to EUR 2.1 million (EUR 3.4 million) 58% − Advisor
Slide 5: Financial figures 1-9/2020
Financial figures 1-9/2020
Slide 6: Financial Development 2016-Q3/2020
Financial Development 2016-Q3/2020 Net Revenue (M€) Net commission income (M€) 71.4 75.8 72.2 Strategic KPI 68.5 67.1 65.2 60.0 53.1 54.3 51.6 49.7 50.2 Return on Equity Recurring Revenue (Target 15.0%) ratio (Target 100%) 19.8% 128% (1-9/2019: 21.1%) (1-9/2019: 118%) Operating profit (M€) Net profi
Slide 7: Profit and Loss Statement
Profit and Loss Statement M€ 7-9/2020 7-9/2019 1-9/2020 1-9/2019 Change, % 2019 2018 2017 Net interest -0.1 0.1 0.2 0.2 18% 0.3 0.7 0.9 Net commissions 16.8 17.2 50.2 49.7 1% 72.2 67.1 65.2 Net income from securities trading and FX 1.8 0.7 1.0 3.2 -68% 3.2 0.7 4.9 Other operative income 0.1 0.0 0.2
Slide 8: Balance Sheet
Balance Sheet 30.9. 30.9. 30.9. 30.9. ASSETS, M€ 2020 2019 LIABILITIES, M€ 2020 2019 Liabilities to credit institutions and central Liquid assets 350.0 287.6 19.3 0.6 banks Debt securities eligible for refinancing with Liabilities to the public and public-sector 33.9 36.1 441.2 565.5 central banks e
Slide 9: Key figures
Key figures 1-9/2020 1-9/2019 2019 2018 2017 Profitability key figures Return on Equity (%) Return on equity (ROE), % 19.8 21.1 23.4 23.0 25.5 25.5% Return on assets (ROA), % 1.7 1.7 2.1 1.9 2.0 23.0% 23.4% 19.8% Balance sheet key figures 14.3% Equity-to-assets ratio, % 8.1 7.1 8.9 9.5 7.6 Capital a
Slide 10: Strategy recap for YTD 2020
Strategy recap for YTD 2020 1. International fund sales • Progressing according to plan, however market meltdown in March had negative impact on international fund flows • Two new markets opened during Q3. 2. Alternative investment funds • Progressing according to plan • Fundraising to existing fund
Slide 11: Share Price Development and Trading Volume
Share Price Development and Trading Volume Share price development and trading volume* 2.12.2015–30.9.2020 Shareholdings by owner group 30.9.2020** Daily turnover, pcs Closing price, € Non-profit institutions; 2% 140 000 13,00 Public sector Foreigners; 1% organizations; 1% 12,00 Financial 120 000 in
Slide 12: Outlook for 2020
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Slide 13: Outlook for 2020 specified
Outlook for 2020 specified We estimate that the operating profit for 2020 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 Previously we stated that, in the current
Slide 14: 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