Aktia Pankki Oyj
Aktia Bank Plc (subsidiary to the listed Aktia Plc) Interim report January-September 2011
Aktia Pankki Oyj 08.11.2011 07:00 --------------------------------------------------------------------------- Helsinki, Finland, 2011-11-08 07:00 CET (GLOBE NEWSWIRE) -- Profit for 1-9/2011 Aktia Bank 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 nine months 2011 amounted to EUR 31.6 (57.8)million. Profit for the reporting period was EUR 23.3 (43.4) million. Earnings per share stood at EUR 7.5 (13.8) million. The Banking Business' operating profit decreased to EUR 31.4 (56.3) million. Asset Management improved its profitability and reached an operating profit of EUR 4.4 (3.2) million. Key figures (EUR 1-9/11 1-9/10 ∆ 7-9/11 7-9/10 ∆ 4-6/11 1-3/11 2010 million) Earnings 7.5 13.8 -46 % 1.8 4.8 -61 % 2.1 3.5 16.7 per share (EPS) Equity per 106.7 117.3 -9 % 106.7 117.3 -9 % 103.1 100.1 110.9 share (NAV)1 Return on 8.2 14.8 -45 % 5.7 15.3 -63 % 7.5 12.5 13.8 equity (ROE), % Total 2.6 14.6 -83 % 3.7 5.1 -28 % 3.0 -4.1 8.2 earnings per share Number of 3 3 0 % 3 3 0 % 3 3 3 shares at the end of the period1 Cost-to-inc 0.72 0.56 29 % 0.79 0.58 36 % 0.74 0.63 0.59 ome ratio Capital 16.6 17.0 -2 % 16.6 17.0 -2 % 16.6 16.0 15.9 adequacy ratio1, % Tier 1 10.8 10.4 4 % 10.8 10.4 4 % 10.8 10.3 10.1 capital ratio1, % 1At the end of the period CEO Jussi Laitinen, tel. +358 10 247 6250 Deputy CEO, CFO Stefan Björkman, +358 10 247 6595 IR-manager Anna Gabrán, +358 10 247 6501, +358 40 7081807 ir(at)aktia.fi News Source: NASDAQ OMX 08.11.2011 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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