Financial Summary

Group Highlights

2016

2015

2014

2013

2012

INCOME STATEMENT IN BRIEF

Meuro

Meuro

Meuro

Meuro

Meuro

Net interest income

55.1

54.0

49.3

42.4

41.2

Net commission income

44.9

46.2

46.2

42.4

32.7

Other income

20.4

24.4

25.1

23.1

22.6

Nonrecurring items

0.0

0.0

0.0

0.0

13.9

Total income

120.4

124.9

120.6

108,0

110.4

Staff costs

-57.0

-56.0

-52.5

-51.1

-51.2

Other expenses

-33.8

-35.5

-42.9

-40.4

-41.7

Nonrecurring items

-0.5

0.0

-1.0

-2.0

-1.1

Total expenses

-91.3

-91.6

-96.4

-93.5

-94.1

Profit before loan losses

29.2

33.3

24.2

14.5

16.3

Impairment losses on loans and other commitments

-4.1

3.0

-1.8

-4.1

-6.4

Net operating profit

25.1

30.3

22.4

10.4

9.9

Income taxes

-5.4

-6.0

-4.8

-2.7

2.0

Profit for the report period

19.7

24.3

17.6

7.7

11.9

Non-controlling interests

0.0

0.0

1.5

1.0

0.6

Shareholders in Bank of Åland Plc

19.7

24.3

16.1

6.7

11.3

           

VOLUMES

Lending to the public

3,808

3,617

3,343

3,104

2,905

Deposits from the public

3,100

2,675

2,391

2,460

2,442

Actively managed assets

3,900
3,927
3,696
3,231
3,219

Equity capital

222

213

196

184

179

Total assets

5,137

4,602

4,292

3,887

3,633

Risk-weighted assets

1,576

1,581

1,554

1,475

1,401

           

FINANCIAL RATIOS

Return on equity after taxes. % /(ROE)

9.1

12.0

8.7

3.8

6.6

Expense/income ratio

0.76

0.73

0.80

0.87

0.85

Loan loss level. %

0.11

0.09

0.06

0.14

0.22

Core funding ratio. %

89

100

105

103

103

Equity/assets ratio. %

4.3

4.6

4.6

4.7

4.9

Core Tier 1 capital ratio. %

11.8

12.0

10.9

10.8

10.9

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

683

663

644

617

640