Financial Summary

Group Highlights

2018

2017

2016

2015

2014

INCOME STATEMENT IN BRIEF

Meuro

Meuro

Meuro

Meuro

Meuro

Net interest income

53,9 54,5 55,9 55,1 54,0

Net commission income

58,0 54,3 52,9 48,0 50,1

Other income

22,0 18,9 19,2 17,3 20,8

Total income

133,9 127,6 128,0 120,4 124,9

Staff costs

-57,0 -57,1 -59,8 -57,0 -56,0

Other expenses

-40,5 -40,7 -40,0 -34,3 -35,5

Total expenses

-97,5 -97,8 -99,8 -91,3 -91,6

Profit before loan losses

36,4 29,8 28,2 29,2 33,3

Impairment losses on loans and other commitments

-3,2 -0,8 -2,1 -4,1 -3,0

Net operating profit

33,2 29,0 26,0 25,1 30,3

Income taxes

-6,9 -6,1 -5,3 -5,4 -6,0
Profit for the report period 26,3 22,9 20,7 19,7 24,3
Non-controlling interests 0,0 0,0 0,0 0,0 0,0
Shareholders in Bank of Åland Plc 26,3 22,9 20,7 19,7 24,3

VOLUMES

Lending to the public

4 110 4 022 3 979 3 808 3 617

Deposits from the public

3 368 3 304 3 148 3 028 2 517

Actively managed assets

6 343 5 177 5 737 3 900 3 927

Equity capital

258 242 234 222 213

Total assets

5 607 5 558 5 352 5 137 4 602

Risk-weighted assets

1 583 1 578 1 538 1 576 1 581

FINANCIAL RATIOS

Return on equity after taxes. % /(ROE)

10,7 9,8 9,1 9,1 12,0

Expense/income ratio

0,73 0,77 0,78 0,76 0,73

Loan loss level. %

0,08 0,02 0,06 0,11 0,09

Core funding ratio. %

90,0 90,0 87,9 88,7 99,5

Equity/assets ratio. %

4,6 4,4 4,4 4,3 4,6

Core Tier 1 capital ratio. %

13,4 13,0 12,9 11,8 12,0

Number of employees
(total hours worked recalculated as full-time equivalents)

700 691 691 683 663