Market announcement
Coop Pank AS
Category
Other corporate action
Attachments
Date
11.09.2024 08:00:00
Title
Coop Pank AS 2024. aasta augusti tulemused
Message
Coop Panga 2024. aasta augustikuu majandustulemused: * Panga klientide arv kasvas augustis 1800 võrra ja aktiivselt arveldavate klientide arv kahanes 2 200 võrra. Kuu lõpuks ulatus klientide arv 199 500- ni ja aktiivselt arveldavate klientide arv 87 900-ni. Aastaga on kliendibaas kasvanud 14%. * Panga klientide hoiuste maht kasvas augustis 34 miljoni euro võrra ulatudes kuu lõpu seisuga 1,83 miljardi euroni. Äriklientide hoiused kasvasid 5 miljoni euro võrra ja eraklientide hoiused kasvasid 3 miljoni euro võrra. Rahvusvahelistelt platvormidelt kaasatud hoiuste maht kasvas 26 miljoni euro võrra. Aastaga on panga hoiuste maht kasvanud 7%. * Panga laenuportfell kasvas augustis 8 miljoni euro võrra ulatudes kuu lõpu seisuga 1,64 miljardi euroni. Kodulaenud kasvasid 9 miljonit, tarbimisfinantseerimine kasvas 1 miljon eurot, liisingu portfell püsis stabiilsena ja ärilaenude maht vähenes 2 miljoni euro võrra. Aastaga on panga laenuportfell kasvanud 10%. * Augustis tehti laenude allahindluseid 0,4 miljoni euro ulatuses. * Võrreldes möödunud aasta kaheksa esimese kuuga on käesoleval aastal sama ajaga panga netotulud kahanenud 4% ja tegevuskulud kasvanud 19%. * Pank teenis augustis 2,8 miljonit eurot puhaskasumit. Aasta kaheksa esimese kuuga on pank teeninud kokku 23,0 miljonit eurot puhaskasumit, mida on 15% vähem kui aasta tagasi samal perioodil. * Panga omakapitali tootlus oli augustis 16,6% ja kulu-tulu suhe 49%. Coop Panga juhatuse liikme ja finantsjuhi Paavo Truu kommentaar: ?Euribor ja tähtajaliste hoiuste intressid liiguvad selges langustrendis. Odavnev laenuraha julgustab investeerima, ent Eesti majanduse uus kasvutsükkel ei ole veel head hoogu sisse saanud. See on pannud ettevõtted pigem äraootavale seisukohale ja ettevõtete nõudlus finantseerimise järele on mõõdukas. Kodulaenude turg on jätkuvalt aktiivne ja Coop Panga kodulaenude portfell jätkab tempokat kasvu. Hoides kulud ja tulud kontrolli all, saavutas Coop Pank augustis korraliku kasumi, 2,8 miljonit eurot. Coop Panga omakapitali tootlus oli augustis 16,6% ja kulu-tulu suhe 49%. Coop Panga kliendibaas jõudis augustis ligi 200 000 kliendini. 200 000. klient liitus pangaga eile, 10. septembril. Kiirenevas tempos kasvav kliendibaas näitab, et eestimaalased hindavad kodumaise panga eeliseid ja kasutavad selle teenuseid aktiivselt." Coop Panga põhjalikumad finantsaruanded on leitavad aadressil: https://www.cooppank.ee/finantsaruanded Eesti kapitalil põhinev Coop Pank on üks viiest Eestis tegutsevast universaalpangast. Pangal on 199 500 igapäevapanganduse klienti. Coop Pank kasutab jaekaubanduse ja panganduse vahel tekkivat sünergiat ning toob igapäevased pangateenused kodule lähemale. Panga strateegiline omanik on kodumaine kaubanduskett Coop Eesti, mille müügivõrgustikku kuulub 320 kauplust. Lisainfo: Paavo Truu Finantsjuht Telefon: 5160 231 E-post: paavo.truu@cooppank.ee (mailto:paavo.truu@cooppank.ee)
Title
Coop Pank AS results for August 2024
Message
Coop Pank's financial results in August 2024: * In August, number of the bank's clients increased by 1,800 and number of active clients decreased by 2 200. By the end of the month number of clients reached 199,500 and number of active clients reached 87,900. Over the year, customer base has grown by 14%. * Volume of the bank's customer deposits increased by 34 million euros, reaching 1.83 billion euros by the end of month. Deposits of corporate customers increased by 5 million euros and deposits of private customers increased by 3 million euros. The volume of deposits attracted from international platforms increased by 26 million euros. Over the year, volume of bank deposits has grown by 7%. * The bank's loan portfolio increased by 8 million euros and reached 1.64 billion euros by the end of month. Home loans increased by 9 million euros, consumer financing loan portfolio increased by 1 million euros, leasing portfolio remained stable and business loans decreased by 2 million euros. Over the year, loan portfolio has grown by 10%. * In August, the loan impairment cost was 0.4 million euros. * Compared to the first eight months of last year, the bank's net income decreased by 4% and expenses have increased by 19%. * In August, the bank earned net profit of 2.8 million euros. In the first eight months of the year, the bank has earned a net profit of 23.0 million euros, that is 15% less than in the same period last year. * In August, Coop Pank's return on equity was 16.6% and the cost-income ratio was 49%. Comment by Paavo Truu, Member of the Management Board and CFO of Coop Pank: "Euribor and term deposit interest rates are moving in a clear downward trend. Lower interest rates encourages investments, but the new growth cycle of the Estonian economy has not yet gained good momentum. This has put companies in a rather wait-and-see position and corporate demand for financing is moderate. The home loan market remains active, and Coop Pank's home loan portfolio continues to grow rapidly. By keeping costs and revenues under control, Coop Pank achieved a decent profit of 2.8 million euros in August. Coop Pank's return on equity was 16.6% in August and the cost-to-income ratio was 49%. Customer base of Coop Pank reached nearly 200,000 customers in August. The 200,000th customer joined the bank yesterday, on September 10th. The customer base, which is growing at an accelerating pace, shows that Estonians appreciate the advantages of a domestic bank and actively use its services." More detailed financial reports of Coop Pank are available at: https://www.cooppank.ee/en/financial-reports Coop Pank, based on Estonian capital, is one of the five universal banks operating in Estonia. The number of clients using Coop Pank for their daily banking reached 199,500. Coop Pank aims to put the synergy generated by the interaction of retail business and banking to good use and to bring everyday banking services closer to people's homes. The strategic shareholder of the bank is the domestic retail chain Coop Eesti, comprising of 320 stores. Additional information: Paavo Truu CFO Phone: +372 5160 231 E-mail: paavo.truu@cooppank.ee (mailto:paavo.truu@cooppank.ee)