Market announcement
Coop Pank AS
LEI code
549300EHNXQVOI120S55
Size of the entity
Large group
Economic activities
Financial and Insurance Activities
Industry sector(s)
Credit institution
Country of registered office
Estonia
General information
Categories
Other corporate action
Unique data record identifier
17111
Attachments
Submission date and time
19.03.2025 15:00:30
Content of announcement in Estonian
Title
Täiendus: Coop Pank 2024. aasta auditeeritud majandusaasta aruanne
Message
Teate eestikeelsele versioonile on lisatud fail ?Coop
Pank_aastaaruanne_konsolideeritud 2024_est.pdf"
Coop Pank juhatus on koostanud 2024. aasta majandusaasta auditeeritud aruande.
Võrreldes 13. veebruaril 2025 avaldatud auditeerimata majandustulemustega ei ole
auditeeritud aruandes finantstulemuste osas erinevusi.
Coop Pank AS konsolideeritud aastaaruanne 2024 on lisatud sellele teatele ja
tehakse kättesaadavaks panga kodulehel aadressil:
https://www.cooppank.ee/finantsaruanded
Aastaaruanne esitatakse kinnitamiseks aktsionäride üldkoosolekule.
Coop Panga 2024. aasta äritulemusi mõjutas positiivselt korralik ärimahtude kasv
- head kasvu näitas nii klientide arv kui ka laenuportfell. Üleüldisel majandus-
ja intressikeskkonnal oli äritulemustele negatiivne mõju.
* 2024. aasta lõpuks ulatus Coop Panga klientide arv 208 000-ni, kellest
99 400 olid aktiivsed arveldajad. Aastaga kasvas Coop Panga klientide arv
26 000 võrra (+14%) ja aktiivselt arveldavate klientide arv 17 400 võrra
(+21%).
* 2024. aasta lõpu seisuga ulatus Coop Panga hoiuste maht 1,89 miljardi
euroni, kasvades aastaga 164 miljoni euro võrra (+10%). Panga hoiuste
turuosa kasvas aastaga 6,0% pealt 6,1% peale.
* Coop Panga laenuportfell ulatus 2024. aasta lõpu seisuga 1,77 miljardi
euroni, kasvades aastaga 283 miljoni euro võrra (+19%). Panga laenude
turuosa kasvas aastaga 6,0% pealt 6,3% peale.
* Coop Panga puhaskasum oli 2024. aastal 32,2 miljoni eurot, kahanedes
langevate intresside keskkonnas aastaga 18%.
* Panga kulu-tulu suhe tõusis aastaga 41% pealt 50% tasemele ja omakapitali
tootlus langes 23,5% pealt 16,2% tasemele.
Eesti kapitalil põhinev Coop Pank on üks viiest Eestis tegutsevast
universaalpangast. Pangal on 211 000 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: [email protected] (mailto:[email protected])
Content of announcement in English
Title
Update: Coop Pank 2024 audited Annual Report
Message
The file "Coop Pank_aastaaruanne_konsolideeritud 2024_est.pdf" has been attached
to the Estonian version of the notice.
Management Board of Coop Pank has compiled 2024 audited Annual Report. There are
no differences in the audited accounts as regards the financial results,
compared to the unaudited financial results published on 13 February 2025.
The consolidated annual report 2024 of Coop Pank AS has been enclosed to the
announcement and will be made available on the bank's homepage
https://www.cooppank.ee/en/financial-reports
Annual report will be presented for approval to general meeting of shareholders.
Coop Pank's business results for 2024 were positively impacted by solid business
volume growth - both the number of customers and the loan portfolio showed
strong growth. The overall economic and interest rate environment had a negative
impact on business results.
* By the end of 2024, the number of Coop Pank customers reached 208,000, of
which 99,400 were active customers. Over the year, the number of Coop Pank
customers increased by 26,000 (+14%) and the number of active customers
increased by 17,400 (+21%).
* By the end of 2024, deposits of Coop Pank reached 1.89 billion euros,
increased by 164 million euros (+10%) over the year. The market share of the
bank's deposits increased from 6.0% to 6.1% over the year.
* By the end of 2024, loan portfolio of Coop Pank reached 1.77 billion euros,
increased by 283 million euros (+19%) over the year. The market share of the
bank's loans increased from 6.0% to 6.3% over the year.
* Net profit of Coop Pank in 2024 was 32.2 million euros, decreased by 18%
over the year.
* Over the year the bank's cost / income ratio increased from 41% to 50% and
the return on equity decreased from the level from 23.5% to 16.2%.
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 211,000. 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: [email protected] (mailto:[email protected])