Börsiteade
Coop Pank AS
LEI kood
549300EHNXQVOI120S55
Emitendi suuruskategooria
Suur kontsern
Majandustegevusalad
Finants- ja kindlustustegevus
Sektor(id)
Krediidiasutus
Emitendi registreeritud asukoht
Eesti
Üldandmed
Kategooriad
Muud korporatiivtoimingud
Teate ID
7764
Manused
Esitamise kuupäev ja aeg
11.02.2020 08:00:00
Teate sisu eesti keeles
Pealkiri
Coop Pank 2019. aasta IV kvartali ja 12 kuu auditeerimata majandustulemused
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Coop Pank kasvatas 2019. aastal kolmandat tegutsemisaastat järjest ärimahtusid 40%. Coop Panga laenuportfell kasvas 2019. aastal 460 miljoni euroni, kasvades aastaga 131 miljoni euro võrra ehk 40%. Äriliinidest näitasid suurimat kasvu autoliising ja ärilaenud, kasvatades portfelli mahtu vastavalt 60% ja 50%. Kodulaenu portfell kasvas aastaga 29% ning tarbimis-finantseerimise portfell 25%. Panga laenude turuosa oli 2019. aasta lõpus 2,3%, tõustes aastaga 0,6 protsendipunkti võrra. Laenuportfelli kvaliteet püsis kõrge. Tulevaste võimalike laenukahjumite katmiseks tehti 2019. aastal eraldisi sünkroonis laenuportfelli kasvuga ehk 39% enam kui 2018. aastal. 2019. aasta lõpu seisuga ulatus Coop Panga hoiuste maht 507 miljoni euroni, kasvades aastaga 122 miljoni euro võrra ehk 32%. Tähtajalised hoiused kasvasid aastaga 34% ja nõudmiseni hoiused 26%. Panga finantseerimiskulu tõusis eelnevat arvesse võttes 0,8% tasemelt 1%. Panga hoiuste turuosa kasvas 2,2% pealt 2,6%. Coop Panga kasum ulatus 2019. aastal 5,5 miljoni euroni, kasvades aastaga 16%. Panga tulud kasvasid aastaga 20%. Suurima panuse tulude kasvu andsid netointressitulud, mis aastaga suurenesid 23% võrra. Teenustasude tulud kasvasid aastaga 3% võrra. Panga tegevuskulud kasvasid aastaga samuti 20% võrra. Suurimat mõju omas infotehnoloogia-kulude kasv, mis aasta varasemaga võrreldes tõusis 53% võrra ning personalikulude kasv, mis tõusis 21% võrra. Panga omakapitali tootlus oli 10% juures ning kulude ja tulude suhe püsis 69% tasemel. IV kvartali tulemused 2019. aasta IV kvartal oli Coop Panga jaoks nii klientide arvu kui ka ärimahtude kasvu osas rekordiline. Klientide arv kasvas kvartaliga 7500 võrra, jõudes 63 800 kliendini, panga neto laenuportfell kasvas 42 miljoni euro võrra jõudes 460 miljoni euroni ning hoiuste maht kasvas 29 miljonit eurot, tõustes 507 miljoni euroni. Pank teenis 2019. aasta neljandas kvartalis 1,58 miljonit eurot puhaskasumit. Coop Panga juhatuse esimehe Margus Rinki kommentaar tulemustele: ?2019. aasta oli Coop Panga jaoks edukas, täitsime kõik endale püstitatud eesmärgid. Suutsime kolmandat tegutsemisaastat järjest suurendada tegevusmahte 40% ning samal ajal kasvatada kasumit. Tulemused näitavad, et kolm aastat tagasi välja töötatud eristuv strateegia on osutunud edukaks. Coop Panga klientide arvu kasv on aasta-aastalt kiirenenud. Panga klientide arv ulatus 2019. aasta lõpu seisuga 63 800 kliendini, kasvades aastaga 18 700 kliendi võrra ehk 41% (võrdluseks kasv 2018.a +9000 klienti ja 2017.a +4600 klienti). Eraklientide arv kasvas 2019. aastal 17 100 ja äriklientide arv 1600 kliendi võrra. Möödunud aasta kõige olulisemad uuendused kliendi väärtuspakkumise osas tõid meie klientidele välkkiired pankadevahelised maksed, eraklientidele võimaluse teenida arvelduskonto jäägilt kuni 1% intressi aastas ning äriklientidele nõudmiseni hoiuselt kuni 0,25% intressi aastas. Koostöös Eesti suurima jaekaubandusketiga Coop, hakkas Coop Pank möödunud aasta suvel pakkuma era- ja äriklientidele uuenduslikku sularaha sissemakse teenust Coopi kaupluste kassades. Panga kliendid saavad nüüd teha sularaha sisse- ja väljamakseid kokku rohkem kui 300 Coopi kaupluses üle Eesti. Novembris viisime Coop Panga deebetkaardi kliendid Coopi kliendiprogrammi kõige kõrgemale tasemele, mis annab neile panga deebetkaardiga makstes Coopi kauplustes kõige soodsamad hinnad ning ostudelt koguneb 10% rohkem boonuspunkte. Sügisel alustasime Coopi kauplustes autoliisingu pakkumistega, kus klientidel on võimalik teha tutvust uute sõiduautode mudelitega ja tutvuda liisingutingimustega ning esitada kohe ka eeltäidetud liisingutaotlus. 2019. augustis asutasime Coop Kindlustusmaakleri, et pakkuda oma kodulaenu ja autoliisingu klientidele nende vajadustele kõige paremini vastavaid kindlustuslahendusi. Coop Panga kasvustrateegia finantseerimiseks emiteeris pank 2019. aasta kevadel kahe miljoni euro väärtuses allutatud võlakirju LHV Pensionifondidele. Juunis otsustasid panga omanikud suurendada panga aktsiakapitali nelja miljoni euro võrra. Möödunud aasta novembris toimunud Coop Panga aktsiate esmase avaliku pakkumisega kaasas pank 31 miljonit eurot ning 10. detsembril noteeriti panga aktsiad Nasdaq Tallinna börsil. Coop Pangal on 31.12.2019 seisuga 11 273 aktsionäri. Võrreldes panga aktsiate esmases avalikus pakkumises osalenud aktsionäride arvuga on lisandunud 421 aktsionäri. Meie soov on olla klientidele lähedal, pakkuda uudseid ning teistest eristuvaid pangatooteid ja -teenuseid. Jätkame jaekaubanduse ja panganduse integratsioonil põhineva eristuva strateegia elluviimist ja tegutseme selle nimel, et täita aktsionäridele antud lubadused aastateks 2020-2022." Kasumiaruanne, tuhandetes eurodes IV kv 2019 2019 IV kv 2018 2018 ------------------------------------------------------------------------------- Neto intressitulu 5 819 20 689 4 983 16 779 Neto teenustasutulu 675 2 372 463 2 302 Muud tulud, neto 262 658 125 687 ------------------------------------------------------------------------------- Netotulud kokku 6 756 23 719 5 571 19 768 ------------------------------------------------------------------------------- Tööjõukulud -2 710 -9 880 -2 131 -8 177 Turunduskulud -317 -1 006 -268 -1 122 IT kulud ja immateriaalse põhivara kulum -444 -1 501 -272 -982 Rendi- ja kontorikulud, materiaalse põhivara kulum -550 -1 931 -459 -1 673 Muud tegevuskulud -614 -1 943 -463 -1 647 ------------------------------------------------------------------------------- Tegevuskulud kokku -4 635 -16 261 -3 593 -13 601 ------------------------------------------------------------------------------- Kasum enne laenude allahindluse kulu 2 121 7 458 1 978 6 167 Laenude allahindluse kulu -538 -1 931 -313 -1 392 Kasum/kahjum enne tulumaksu 1 583 5 527 1 665 4 775 Tulumaksu kulu 0 0 -22 -22 ------------------------------------------------------------------------------- Aruandeperioodi puhaskasum 1 583 5 527 1 643 4 753 ------------------------------------------------------------------------------- Tava ja lahustatud puhaskasum aktsia kohta 0,02 0,09 0,03 0,08 Bilanss, tuhandetes eurodes 31.12.2019 31.12.2018 ----------------------------------------------------------------------- Raha ja raha ekvivalendid 122 295 88 030 Võlainstrumendid 4 061 9 130 Laenud klientidele 460 460 328 723 Muud varad 24 486 20 395 ----------------------------------------------------------------------- Varad kokku 611 302 446 278 ----------------------------------------------------------------------- Klientide hoiused ja saadud laenud 506 531 385 118 Muud kohustised 8 356 6 971 Allutatud laenud 7 064 5 026 ----------------------------------------------------------------------- Kohustised kokku 521 951 397 115 ----------------------------------------------------------------------- Omakapital 89 351 49 163 ----------------------------------------------------------------------- Kohustised ja omakapital kokku 611 302 446 278 ----------------------------------------------------------------------- Coop Panga aruanded on saadaval aadressil: https://www.cooppank.ee/aruandlus Coop Pank korraldab majandustulemuste tutvustamiseks veebiseminari 11. veebruaril 2020. kell 10.00. Osalemiseks palume eelnevalt registreeruda aadressil: https://attendee.gotowebinar.com/register/2435602278496533004 Veebiseminar lindistatakse ning avalikustatakse nii ettevõtte kodulehel www.cooppank.ee (https://www.globenewswire.com/Tracker?data=ysaYE2aduEcKrKAVh7DYM6LiE28UTJqD7xkd SPeY2t-8glSNNf3zmGgGz59--m-ZGdW8mZfR_aEVv-L5dz38qQ==) kui ka Nasdaq Balti youtube.com kontol. Eesti kapitalil põhinev Coop Pank on üks viiest Eestis tegutsevast universaalpangast. Pangal on 65 700 igapäevapanganduse klienti. Coop Pank kasutab jaekaubanduse ja panganduse vahel tekkivat sünergiat ning toob igapäevased pangateenused inimeste kodu lähedale. Panga strateegiliseks aktsionäriks on kodumaine kaubanduskett Coop Eesti, mille müügivõrgustikku kuulub 340 kauplust. Lisainfo: Kerli Lõhmus Finantsjuht Telefon: +372 669 0902 E-post: [email protected] (mailto:[email protected])
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Unaudited financial results of Coop Pank for Q4 and 12 months of 2019
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Coop Pank increased its business volumes by 40% for the third consecutive year. Coop Pank's loan portfolio reached EUR 460 million in 2019 having increased by EUR 131 million or 40% over the year. Car leasing and business loans business lines showed the highest growth, increasing their portfolios by 60% and 50%, respectively. Home loan portfolio showed the 29% and consumer finance portfolio 25% annual growth. The market share of the bank's loans was 2.3% at the end of 2019, showing the annual increase by 0.6 pp. The quality of the loan portfolio remained high. In 2019, the provisions made on loan portfolios to account for potential future credit losses were made in sync with the growth of the loan portfolio, i.e. 39% more than in 2018. As at the end of 2019, Coop Pank's deposits totalled EUR 507 million, having increased by EUR 122 million or 32% over the year. Term deposits increased by 34% and demand deposits by 26%. Considering the above, the bank's financing cost increased from 0.8% to 1%. The market share of the bank's deposits grew from 2.2% to 2.6%. In 2019, the profit of Coop Pank reached EUR 5.5 million, having grown by 16% over the year. The annual increase of bank's income was 20%. The net interest income served as the biggest contributor to the increase of income with its 23% annual growth. Fee and commission income increased by 3% year on year. The annual increase of bank's operating expenses was 20%. The biggest impact here was the increase in IT expense, which grew by 53% year on year, as well as by payroll expense with the 21% increase. The bank's return on equity was at 10% and the cost-to-income ratio remained at 69%. Results for Q4 The fourth quarter of 2019 was record-breaking for Coop Pank in terms of both number of customers and growth in business volumes. The number of clients increased by 7,500 over the quarter, reaching 63,800 customers, the bank's net loan portfolio increased by EUR 42 million reaching EUR 460 million, and the volume of deposits increased by EUR 29 million, reaching the total of EUR 507 million. In Q4 of 2019 the bank earned the net profit of EUR 1.58 million. Margus Rink, Chairman of the Management Board of Coop Pank, comments the results: ?2019 was a successful year for Coop Pank, we met all the set goals. For the third year in a row, we were able to increase our business volumes by 40% while increasing our profits. The results show that the distinctive strategy developed three years ago has proved successful. The growth of the number of Coop Pank clients has accelerated year by year. At the end of 2019, the bank's customer base reached 63,800, having increased by 18,700 or 41% over the year (in comparison, the growth of 2018 was +9,000 and +4600 in 2017). The number of private clients increased by 17,100 in 2019 and the number of business customers by 1,600. Last year's most significant updates in client value proposition were the instant interbank payments, the opportunity to earn up to 1% pa on current account balances for private clients and up to 0.25% pa on demand deposits for corporate clients. In cooperation with Coop, Estonia's largest retail chain, Coop Pank launched an innovative cash deposit service for retail and corporate customers at Coop's cash desks last summer. Bank customers can now make cash deposits and withdrawals at more than 300 Coop stores across Estonia. In November, we upgraded Coop Pank's debit card customers to the highest level of Coop's loyalty programme, offering the best prices and earning 10% extra bonus points on purchases when paying with bank's debit card at Coop stores. In the autumn, we started offering car leasing at Coop stores, allowing the clients to familiarize themselves with new passenger car models and leasing terms, and immediately submit a pre-established leasing application. In August 2019, we founded Coop Kindlustusmaakler (insurance broker) for providing our home loan and leasing clients with the insurance solutions that best suit their needs. To support the growth strategy of Coop Pank, the bank issued subordinated bonds worth EUR 2 million to LHV Pension Funds. In June the shareholders decided to increase bank's share capital by EUR 4 million. During the initial public offering of Coop Pank shares in last November the bank raised EUR 31 million and on 10 December the shares of the bank were listed on the Nasdaq Tallinn Stock Exchange. As at 31.12.2019, Coop Pank has 11,273 shareholders. The number of shareholders, compared to the participants in the bank's initial public offering, has increased by 421. We want to be close to our customers, to provide innovative and very distinctive banking products and services. We will continue to implement a differentiated strategy based on the integration of banking and retailing, and work to deliver the promises to our shareholders for 2020-2022." Income statement, EUR thousand Q4 2019 2019 Q4 2018 2018 ------------------------------------------------------------------------------- Net interest income 5 819 20 689 4 983 16 779 Net fee and commission income 675 2 372 463 2 302 Other net income 262 658 125 687 ------------------------------------------------------------------------------- Total net income 6 756 23 719 5 571 19 768 ------------------------------------------------------------------------------- Payroll expense -2 710 -9 880 -2 131 -8 177 Marketing expense -317 -1 006 -268 -1 122 IT expense and depreciation of intangible assets -444 -1 501 -272 -982 Rental and office expense, depreciation of property, plant and equipment -550 -1 931 -459 -1 673 Other operating expense -614 -1 943 -463 -1 647 ------------------------------------------------------------------------------- Total operating expense -4 635 -16 261 -3 593 -13 601 ------------------------------------------------------------------------------- Net profit before impairment losses on loans and advances 2 121 7 458 1 978 6 167 Impairment losses on loans and advances -538 -1 931 -313 -1 392 Profit/loss before income tax 1 583 5 527 1 665 4 775 Income tax 0 0 -22 -22 ------------------------------------------------------------------------------- Net profit for the reporting period 1 583 5 527 1 643 4 753 ------------------------------------------------------------------------------- Basic and diluted earnings per share 0,02 0,09 0,03 0,08 Balance sheet, EUR thousand 31.12.2019 31.12.2018 ------------------------------------------------------------------------- Cash and cash equivalents 122 295 88 030 Debt securities 4 061 9 130 Loans to customers 460 460 328 723 Other assets 24 486 20 395 ------------------------------------------------------------------------- Total assets 611 302 446 278 ------------------------------------------------------------------------- Customer deposits and loans received 506 531 385 118 Other liabilities 8 356 6 971 Subordinated debt 7 064 5 026 ------------------------------------------------------------------------- Total liabilities 521 951 397 115 ------------------------------------------------------------------------- Shareholder's equity 89 351 49 163 ------------------------------------------------------------------------- Total liabilities and equity 611 302 446 278 ------------------------------------------------------------------------- Coop Pank reports are available at https://www.cooppank.ee/en/reporting Coop Pank will hold an Investor Webinar to introduce the results of the year 2019. Webinar is scheduled on 11(th) of February 2020 at 10 am (EET). The webinar will be held in Estonian. To join the webinar, you need to register in advance via following link: https://attendee.gotowebinar.com/register/2435602278496533004 (https://www.globenewswire.com/Tracker?data=uik7CwAe1jeMZmnI8c67vsS8jyBT7_lVCnTd gUaodBGhfzDpOIiSsaYpPI92k-64-sGI3pEvcoR19Hr9I- _gmFF77WQTF2NKnOqK5ktcHNphGeoqU4z753Aqt5Itoc2nHBTwgFIxt3qIx7oi76ys1waoC_mXkEUxC7 ZyONDnsaMjvVJPnx6_K64n84LdcpWgkI9tdO7YdZXFVIwFyzHR-Q==) The webinar will be recorded and available online for everyone on Coop Pank webpage www.cooppank.ee (https://www.globenewswire.com/Tracker?data=ysaYE2aduEcKrKAVh7DYM6LiE28UTJqD7xkd SPeY2t-8glSNNf3zmGgGz59--m-ZGdW8mZfR_aEVv-L5dz38qQ==) and Nasdaq Baltic youtube.com account. 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 65,700. 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 340 stores. Additional information: Kerli Lõhmus CFO Phone: +372 669 0902 E-mail: [email protected] (mailto:[email protected])