Aktia Pankki Oyj
Aktia Bank plc Interim report 1 January – 30 June 2011
Aktia Pankki Oyj 03.08.2011 07:00 --------------------------------------------------------------------------- (subsidiary to the listed Aktia Plc) Interim report 3 August 2011 at 8 am EET Helsinki, Finland, 2011-08-03 07:00 CEST (GLOBE NEWSWIRE) -- Profit for 1-6/2011 Aktia Bank plc is a subsidiary to the listed Aktia plc and operates as parent company in the Bank Group. Subsidiaries in the Bank Group are: Aktia Real Estate Mortgage Bank plc, Aktia Asset Management Ltd, Aktia Fund Management Company Ltd, Aktia Invest Ltd, Aktia Card Ltd and Aktia Corporate Finance Ltd. -- The Bank Group's operating profit during the first half year of 2011 was EUR 24.4 (38.4) million. Profit for the period was EUR 18.0 (28.5) million. Earnings per share was EUR 5.6 (9.1) million. -- The Banking Business' operating profit decreased to EUR 25.2 (37.9) million. Asset Management improved its profitability and reached an operating profit of EUR 3.1 (2.0) million. Key figures (EUR million) 1-6/ 1-6/ ∆ 4-6/ 4-6/ 2010 ∆ 1-3/ 1-12/ 2011 2010 2011 2011 2010 Earnings per 5.6 9.1 -38% 2.1 5.2 -59% 3.5 16.7 share (EPS), EUR Equity per share 103.1 112.3 -8% 103.1 112.3 -8% 100.1 110.9 (NAV)1 Return on equity 9.7 14.9 -35% 7.5 16.7 -55% 12.5 13.8 (ROE), % Total earnings -1.1 9.6 - 3.0 -0.1 - -4.1 8.2 per share Number of shares 3 3 0% 3 3 0% 3 3 at the end of the period1 Cost-to-income 0.68 0.55 24% 0.74 0.54 37% 0.63 0.59 ratio, continuing operations Capital adequacy 16.6 16.5 1% 16.6 16.5 1% 16.0 15.9 ratio1 , % Tier 1 capital 10.8 10.1 6% 10.8 10.1 6% 10.3 10.1 ratio1, % 1 At the end of the period Aktia Bank Plc CEO Jussi Laitinen, tel. +358 10 247 5000 Deputy CEO, CFO Stefan Björkman, tel. +358 10 247 6595 IR Manager Anna Gabrán, tel. +358 10 247 6501, anna.gabran(at)aktia.fi 03.08.2011 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Aktia Pankki Oyj Finland Phone: Fax: E-mail: Internet: ISIN: FI0003016360 WKN: End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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