Financial Summary

Group Highlights

2017

2016

2015

2014

2013

INCOME STATEMENT IN BRIEF

Meuro

Meuro

Meuro

Meuro

Meuro

Net interest income

55.9

55.1

54.0

49.3

42.4

Net commission income

49.7

44.9

46.2

46.2

42.4

Other income

22.4

20.4

24.4

25.1

23.1

Total income

128.0

120.4

124.9

120.6

108,0

Staff costs

-59.8

-57.0

-56.0

-53.1

-51.5

Other expenses

-40.0

-34.3

-35.5

-43.3

-42.0

Total expenses

-99.8

-91.3

-91.6

-96.4

-93.5

Profit before loan losses

28.2

29.2

33.3

24.2

14.5

Impairment losses on loans and other commitments

-2.1

-4.1

3.0

-1.8

-4.1

Net operating profit

26.0
25.1

30.3

22.4

10.4

Income taxes

-5.3

-5.4

-6.0

-4.8

-2.7

Profit for the report period

20.7

19.7

24.3

17.6

7.7

Non-controlling interests

0.0

0.0

0.0

1.5

1.0

Shareholders in Bank of Åland Plc

20.7

19.7

24.3

16.1

6.7

 

VOLUMES

Lending to the public

3 979

3,808

3,617

3,343

3,104

Deposits from the public

3,197

3,100

2,675

2,391

2,460

Actively managed assets

5,737
3,900
3,927
3,696
3,231

Equity capital

234

222

213

196

184

Total assets

5,353

5,137

4,602

4,292

3,887

Risk-weighted assets

1,538

1,576

1,581

1,554

1,475

 

FINANCIAL RATIOS

Return on equity after taxes. % /(ROE)

9.1

9.1

12.0

8.7

3.8

Expense/income ratio

0.78

0.76

0.73

0.80

0.87

Loan loss level. %

0.06

0.11

0.09

0.06

0.14

Core funding ratio. %

88

89

100

105

103

Equity/assets ratio. %

4.4

4.3

4.6

4.6

4.7

Core Tier 1 capital ratio. %

12.9

11.8

12.0

10.9

10.8

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

691

683

663

644

617