The Mortgage Society of Finland: Hypo Group's January-September 2017
October 31 2017 - 8:30AM
The Mortgage Society of
Finland
Interim Report Release
Helsinki, 31 October 3:30 p.m.
Hypo Group's January-September
2017
The home finance specialist
Hypo's net interest income and competitiveness strengthen
further.
CEO Ari Pauna:
"Hypo's loan portfolio grew to
EUR 2.1 billion as a growing number of urban citizens choose Hypo
to finance their home or housing company mortgage. The positive
development of Hypo's core business continues despite low interest
rates and narrowing margins."
-
Net interest income increased to EUR
6.3 million (EUR 3.6 million 1-9/2016)
-
Low risk loan portfolio secured by
housing collateral continued to grow faster than the market
-
Non-performing loans remained low and
impairment losses were 0 euros
-
Net fee and commission income decreased
to EUR 2.7 million (EUR 3.6 million 1-9/2016) due to decrease in
land trustee service profits.
-
Common Equity Tier 1 (CET1) ratio, as
calculated with standard and basic methods, was 13.0% (13.6% on 31
December 2016)
GROUP'S KEY FIGURES |
|
|
|
|
|
(1000 €) |
1-9/2017 |
1-9/2016 |
7-9/2017 |
7-9/2016 |
2016 |
|
|
|
|
|
|
Net
interest income |
6 280 |
3 610 |
2 329 |
1 561 |
5 386 |
Net
fee and commission income |
2 690 |
3 550 |
807 |
1 051 |
4 439 |
Total
other income |
4 048 |
6 312 |
979 |
1 133 |
7 924 |
Total
expenses |
-8 109 |
-7 215 |
-2 340 |
-2 094 |
-10 403 |
Operating profit |
4 909 |
6 257 |
1 775 |
1 650 |
7 347 |
|
|
|
|
|
|
Receivables from the public and public sector entities |
2 130 428 |
1 756 349 |
2 130 428 |
1 756 349 |
1 806 440 |
Deposits |
1 311 950 |
1 155 648 |
1 311 950 |
1 155 648 |
1 203 042 |
Balance sheet total |
2 640 119 |
2 232 311 |
2 640 119 |
2 232 311 |
2 305 218 |
|
|
|
|
|
|
Common
Equity Tier 1 (CET1) ratio |
13,0 |
13,0 |
13,0 |
13,0 |
13,6 |
Cost-to-income ratio,% |
62,4 |
53,5 |
57,0 |
56,0 |
57,1 |
Non-performing assets, % of the loan portfolio |
0,13 |
0,19 |
0,13 |
0,19 |
0,11 |
LTV-ratio, % / Loan to Value, average, % |
37,7 |
39,0 |
37,7 |
39,0 |
38,4 |
Loans / deposits, % |
162,4 |
152,0 |
162,4 |
152,0 |
150,2 |
|
|
|
|
|
|
|
|
|
|
|
|
Contact
information:
CEO Mr. Ari Pauna, tel. +358 9 228 361, +358 50 353
4690
Deputy CEO, Chief Risk Officer Mikko Huopio, tel. +358 9 228
361,
+358 400 2990
Interim Report Release Q3
2017
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Suomen Hypoteekkiyhdistys via Globenewswire
High Yield Plus Fund, Inc. (NYSE:HYP)
Historical Stock Chart
From May 2024 to Jun 2024
High Yield Plus Fund, Inc. (NYSE:HYP)
Historical Stock Chart
From Jun 2023 to Jun 2024
Real-Time news about High Yield Plus Fund, Inc. (New York Stock Exchange): 0 recent articles
More Suomen Hypoteekkiyhdistys News Articles