The Mortgage Society of Finland: Group Financial Statement Release 2018
January 30 2019 - 7:30AM
The Mortgage Society of Finland: Group Financial
Statement Release 2018
The Mortgage Society of Finland
30 January 2019 Helsinki 3:30 p.m.
Hypo Group's January-December
2018
The home finance specialist Hypo
Group's net interest income grew by 37 percent.
CEO Ari Pauna:
"Urban citizens continue to show
interest in owner-occupied housing and state of one's own housing
company. Our loan portfolio increased nearly to EUR 2.6 billion
representing annual growth of 17 percent. Net interest income,
operating profit and competitiveness continue to improve despite
the significant increase in thecontribution to
the Financial Stability Authority and the instability of the
financial markets."
-
Operating profit increased to EUR 7.2 million
(EUR 6.7 million 1-12/2017)
-
Net interest income increased to EUR 12.3
million (EUR 9.0 million 1-12/2017)
-
Non-performing loans remained low at 0.07% of
loan book (0.14% 30 December 2017)
-
Expected credit losses were 0.0% of the loan
book
-
Net fee and commission income was EUR 3.8
million (EUR 3.5 million 1-12/2017)
-
Other income totaled EUR 2.1 million (EUR 5.2
million 1-12/2017)
-
Common Equity Tier 1 (CET1) ratio, as calculated
with standard and basic methods, was 12.1% (12.7% on 31 December
2017)
GROUP'S KEY
FIGURES |
|
|
|
|
(1000 €) |
1-12/2018 |
1-12/2017 |
10-12/2018 |
10-12/2017 |
|
|
|
|
|
Net interest income |
12 331 |
8 991 |
3 350 |
2 712 |
Net fee and commission
income |
3 795 |
3 525 |
886 |
834 |
Total other income |
2 097 |
5 190 |
-278 |
1 142 |
Total expenses |
-11 058 |
-11 055 |
-2 745 |
-2 946 |
Operating profit |
7 165 |
6 651 |
1 214 |
1 742 |
|
|
|
|
|
Receivables from the public and
public sector entities |
2 588 908 |
2 212 574 |
2 588 908 |
2 212 574 |
Deposits |
1 718 166 |
1 540 400 |
1 718 166 |
1 540 400 |
Balance sheet total |
3 113 817 |
2 792 489 |
3 113 817 |
2 792 489 |
|
|
|
|
|
Return on equity % (ROE) |
5.0 |
4.9 |
3.5 |
5.0 |
Common Equity Tier 1 (CET1)
ratio |
12.1 |
12.7 |
12.1 |
12.7 |
Cost-to-income ratio,% |
60.6 |
62.5 |
69.4 |
62.6 |
Non-performing assets, % of the
loan portfolio |
0.07 |
0.14 |
0.07 |
0.14 |
Loan-to-Value, Weighted average,
% |
35.8 |
37.4 |
35.8 |
37.4 |
Loans / deposits, % |
150.7 |
143.6 |
150.7 |
143.6 |
Contact information:
CEO Mr. Ari Pauna, tel. +358 9 228 361, +358
50 353 4690
Chief Risk Officer, deputy to the CEO Mikko
Huopio, tel. +358 9 228 361, +358 400 2990
Hypo Group's Financial Statements Release can be
accessed at http://www.hypo.fi/en/
Distribution:
Nasdaq Helsinki Ltd
Main media
http://www.hypo.fi/
Hypo_Financial_Statements_Release_2018
This
announcement is distributed by West Corporation on behalf of West
Corporation 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