Aktia Pankki Oyj
Aktia Bank plc Interim report 1 January – 31 March 2011
Aktia Pankki Oyj 09.05.2011 07:00 --------------------------------------------------------------------------- (Subsidiary to the listed Aktia plc) Helsinki, Finland, 2011-05-09 07:00 CEST (GLOBE NEWSWIRE) -- Profit for January - March 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 quarter of 2011 was EUR 14.9 (16.6) million. -- Profit for the period was EUR 11.3 (12.3) million. -- Earnings per share was EUR 3.5 (3.9) million. -- The Banking Business' operating profit decreased to EUR 16.0 (17.4) million. -- Asset Management improved its profitability and reached an operating profit of EUR 1.5 (0.9) million. Key figures (EUR million) 1-3/201 1-3/201 ∆% 10-12/20 ∆% 2010 1 0 10 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Equity per share (NAV) 1 100.1 122.4 -18% 110.9 -10% 110.9 -------------------------------------------------------------------------------- Return on equity (ROE), % 12.5 12.5 -1% 9.6 30% 13.8 -------------------------------------------------------------------------------- Number of shares at the end of 3 3 0% 3 0% 3 the period 1 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Cost-to-income ratio 0.63 0.57 11% 0.68 -7% 0.59 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Capital adequacy ratio 1, % 16.0 16.2 -2% 15.9 0% 15.9 -------------------------------------------------------------------------------- Tier 1 capital ratio 1, % 10.3 9.6 8% 10.1 2% 10.1 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- 1) At the end of the period -------------------------------------------------------------------------------- 'Interim Report 1 January - 31 March 2011' is a translation of the original report in Swedish ('Aktia Bank Delårsrapport 1.1-31.3.2011'). In case of discrepancies, the Swedish version prevails. For additional information, please contact: 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 News Source: NASDAQ OMX 09.05.2011 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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