Börsiteade
Coop Pank AS
LEI kood
549300EHNXQVOI120S55
Emitendi suuruskategooria
Suur kontsern
Majandustegevusalad
Finants- ja kindlustustegevus
Sektor(id)
Krediidiasutus
Emitendi registreeritud asukoht
Eesti
Üldandmed
Kategooriad
Juhtkonna vaheteadaanne või kvartaalne finantsaruanne
Teate ID
7945
Manused
Esitamise kuupäev ja aeg
21.04.2020 08:00:00
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Pealkiri
Coop Pank 2020 aasta I kvartali auditeerimata majandustulemused
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Coop Panga neto laenuportfell ületas 2020. aasta I kvartalis 0,5 miljardi euro piiri. Aasta esimese kolme kuuga kasvas laenuportfell 44 miljoni euro võrra (+9%), ulatudes 504 miljoni euroni. Suurimat kasvu näitas I kvartalis kodulaenuportfell, mille maht kasvas 20 miljonit eurot (+11%), ärilaenude maht kasvas 16 miljonit eurot (+10%), liisinguportfell 6 miljonit eurot (+9%) ja erakliendi tarbimisfinantseerimise portfell 2 miljonit eurot (+3%). 2019. aasta I kvartaliga võrreldes kasvas panga laenuportfell 153 miljoni euro võrra ehk 44%. 2020. aasta I kvartalis kasvas Coop Panga hoiuste maht 41 miljoni euro võrra (+8%), ulatudes kvartali lõpu seisuga 547 miljoni euroni. Nõudmiseni hoiused kasvasid kvartaliga 14 miljonit eurot (+9%) ja tähtajalised hoiused 27 miljonit eurot (+8%). Võrreldes 2019. aasta I kvartaliga kasvas panga hoiuste maht 148 miljoni euro võrra ehk 37%. Panga finantseerimiskulu alanes võrreldes eelneva kvartaliga ning oli esimeses kvartalis 1% tasemel. Peamiseks finantseerimiskulu vähendavaks mõjuriks olid soodsama intressitasemega hoiused, mida kaasati rahvusvaheliselt hoiuste kaasamise platvormilt Raisin. Coop Panga viivises olev laenuportfell püsis I kvartalis 7% tasemel, mis on sarnane 2019. aastaga. Koroonaviiruse leviku tõkestamiseks seatud piirangud suurendasid märtsi teises pooles klientidele antud maksepuhkusete arvu. Sellest tulenevalt tehti laenuportfellile täiendavaid allahindlusi 0,4 miljoni euro ulatuses. Laenude allahindluse kulu esimeses kvartalis oli kokku 1,2 miljonit eurot. Panga klientide arv ulatus 2020. aasta I kvartali lõpu seisuga 69 400 kliendini, kasvades kvartaliga 5600 kliendi võrra ehk 9%. Pangas arvelduskontot omavate eraklientide arv kasvas kvartaliga 5100 ja äriklientide arv 500 võrra. Aastases võrdluses on Coop Panga kliendibaas kasvanud 45% ehk 21 700 kliendi võrra. Coop Pank teenis 2020. aasta I kvartalis 1,5 miljonit eurot puhaskasumit, kasv aastaga 24%, eelneva kvartaliga võrreldes kahanemine 8%. Netotulud tõusid aastases võrdluses 36% ning kvartaalses võrdluses 5%. Tegevuskulud kasvasid aastases võrdluses 21% ning kvartaalses võrdluses kahanesid 4%. Panga kulude ja tulude suhe alanes 2019. aasta IV kvartali 69% tasemelt 62% tasemele käesoleva aasta I kvartalis. Coop Panga omakapitali tootlus oli I kvartalis 6,5%. Coop Pangal on 31.03.2020 seisuga 11 958 aktsionäri, kvartaliga on lisandunud 685 aktsionäri. Coop Panga juhatuse esimehe Margus Rinki kommentaar tulemustele: ?Coop Panga jaoks algas aasta väga hästi. Kahel esimesel kuul suutsime omale seatud kasvueesmärke edestada ja liikusime börsile tulekul välja öeldud kolme aasta strateegiliste eesmärkide täitmise tempos. Kvartali positiivset tulemust toetas klientide arvu suurenemine, seda nii era- kui ka äriklientide osas ning eraklientide nõudmiseni hoiuste kiire kasv. See näitab, et meiega liituvad kliendid hakkavad meie teenuseid ka koheselt kasutama. Märtsi keskel olukord majanduses muutus ja koroonaviiruse tõkestamiseks seatud piirangute mõju jõudis ettevõtete ning eraisikuteni. Panga majandustulemustele avaldab esmast mõju maksepuhkuste andmisest tulenev täiendavate allahindluste tegemine laenuportfellile. Samuti näeme, et klientide kindlustunde kahanemisest tingituna on vähenenud huvi laenutoodete järgi ja kindlustunde paranemine võtab ka kõige positiivsema majanduse taastumise stsenaariumi korral aega. Muutunud majanduskeskkonnas oleme esimese sammuna kärpinud panga tegevuskulusid ja suurendame efektiivsust oma tegevustes ka järgnevates kvartalites. Kuigi käesoleva aasta ärimahtude kasv kujuneb kavandatust väiksemaks, pole me hetkel veel muutnud panga kolme aasta strateegilisi eesmärke, millest peamisteks on kliendibaasi kasvatamine 100 000 kliendini ning 1 miljardi euro suuruse laenuportfelli mahuni jõudmine. Coop Panga 2020. aasta I kvartali olulisematest sündmustest saab esile tuua märtsi alguses koostöös ettevõttega Veriff loodud lahenduse, mille abil potentsiaalsed kliendid saavad oma isiku tuvastada Veriffi tehnoloogial põhineva videotuvastuse kaudu ja kliendid ei pea väikelaenu lepingu sõlmimiseks enam pangakontorit külastama. Uuenduslik lahendus muudab laenu väljaandmise kiiremaks ja mugavamaks. Käesoleva aasta märtsis avaldas uuringufirma Kantar Emor klientide reaalsel teenindus-kogemusel põhineva Eesti suurimate teenindusettevõtete soovitusindeksi (NPS) edetabeli. Uuringu kohaselt saavutas Coop Pank pankadest teist aastat järjest kõrge 2. koha. See annab kinnitust, et liigume teeninduskogemuse pakkumisel õigel teel ja kliendid panevad seda tähele. Coop Panka iseloomustab julgus teha pangandust uuenduslikult, luues pangateenuseid, mis sobituvad meie kliendi igapäevaste tegevustega just seal, kus ta neid vajab. Kohaliku pangana teeme otsused kiirelt ning oleme paindlikud, et aidata kaasa Eesti elu edenemisele. Jätkame jaekaubanduse ja panganduse integratsioonil põhineva eristuva strateegia elluviimist." Kasumiaruanne, tuhandetes eurodes I kv 2020 IV kv 2019 I kv 2019 ------------------------------------------------------------------------------- Neto intressitulu 6 358 5 819 4 500 Neto teenustasutulu 521 675 552 Muud tulud, neto 238 262 163 ------------------------------------------------------------------------------- Netotulud kokku 7 117 6 756 5 215 ------------------------------------------------------------------------------- Tööjõukulud -2 662 -2 710 -2 248 Turunduskulud -226 -317 -213 IT kulud ja immateriaalse põhivara kulum -563 -444 -452 Rendi- ja kontorikulud, materiaalse põhivara kulum -490 -550 -294 Muud tegevuskulud -501 -614 -463 ------------------------------------------------------------------------------- Tegevuskulud kokku -4 442 -4 635 -3 670 ------------------------------------------------------------------------------- Kasum enne laenude allahindluse kulu 2 675 2 121 1 545 Laenude allahindluse kulu -1 214 -538 -373 Kasum/kahjum enne tulumaksu 1 461 1 583 1 172 Tulumaksu kulu 0 0 2 ------------------------------------------------------------------------------- Aruandeperioodi puhaskasum 1 461 1 583 1 174 ------------------------------------------------------------------------------- Tava ja lahustatud puhaskasum aktsia kohta (eurodes) 0,02 0,02 0,02 Finantsseisundi aruanne, tuhandetes eurodes 31.03.2020 31.12.2019 31.03.2019 ------------------------------------------------------------------------------- Raha ja raha ekvivalendid 119 480 122 295 83 889 Võlainstrumendid 3 737 4 061 7 732 Laenud klientidele 504 119 460 460 351 193 Muud varad 25 341 24 486 22 638 ------------------------------------------------------------------------------- Varad kokku 652 677 611 302 465 452 ------------------------------------------------------------------------------- Klientide hoiused ja saadud laenud 547 398 506 531 399 015 Muud kohustised 7 696 8 356 8 872 Allutatud laenud 7 111 7 064 7 111 ------------------------------------------------------------------------------- Kohustised kokku 562 205 521 951 414 998 ------------------------------------------------------------------------------- Omakapital 90 472 89 351 50 454 ------------------------------------------------------------------------------- Kohustised ja omakapital kokku 652 677 611 302 465 452 ------------------------------------------------------------------------------- Coop Panga aruanded on leitavad aadressilt: https://www.cooppank.ee/aruandlus Coop Pank korraldab 2020. aasta I kvartali majandustulemuste tutvustamiseks veebiseminari 21. aprillil 2020 kell 11.00. Osalemiseks palume eelnevalt registreeruda aadressil: https://attendee.gotowebinar.com/register/6690533059297836043 (https://www.globenewswire.com/Tracker?data=LqJgSxZE70iQicXg27iplX4sx0NgQ2UJjdNQ vEag43roOVnboQyT4dZqj5dpFH0prV86Ndir_yy9nG79lix- qfDcYWFGAv8RUBX6ONbNcCChaPSotpfZrd8qq7aZ7yfMSFjZL3P6v6pON0ekY3R50nDdY- HTorKw9VRK8kYoFr_1s1hsoM3lmQTOh-US_HlicE3_nmVn3bv0d48SFdKWNw==) Veebiseminar salvestatakse 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 69 400 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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Pealkiri
Coop Pank unaudited financial results for Q1 2020
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In Q1 2020, the net loan portfolio of Coop Pank exceeded EUR 0.5 billion. In the first three months of the year, the loan portfolio increased by EUR 44 million (+9%), reaching EUR 504 million. The home loan portfolio demonstrated the largest growth in Q1, increasing by EUR 20 million (+11%), business loans increased by EUR 16 million (+10%), leasing portfolio by EUR 6 million (+9%) and private consumer finance portfolio by EUR 2 million (+3%). Compared to Q1 of 2019, the loan portfolio of the bank increased by EUR 153 million (+44%). In Q1 2020, the volume of Coop Pank's deposits increased by EUR 41 million (+8%), reaching EUR 547 million by the end of the quarter. Demand deposits increased by EUR 14 million (+9%) and term deposits by EUR 27 million (+8%) over the quarter. Compared to Q1 2019, the volume of the bank's deposits increased by EUR 148 million (+37%). Financing expense of the bank decreased quarter-on-quarter and stayed at the level of 1% in Q1 2020. The main factor reducing the cost of financing was the lower interest rate of deposits, attracted via the international deposit raising platform Raisin. In Q1, the overdue loan portfolio of Coop Pank remained at the level of 7%, similar to 2019. In the second half of March, the restrictions due to the spread of coronavirus gave rise to the number of payment holidays granted to clients. As a result, additional impairment of EUR 0.4 million was made to the loan portfolio. The loan impairment losses in Q1 2020 totalled EUR 1.2 million. The number of clients reached 69,400 by the end of Q1 2020, having increased by 5,600, i.e. 9% over the quarter. The number of private clients with current account in the bank increased by 5,100 and the number of business clients by 500 over the quarter. The client base of Coop Pank increased 45%, i.e. by 21,700 clients, year-on-year. Coop Pank earned a net profit of EUR 1.5 million in Q1 2020, an increase of 24% year-on-year and a decrease of 8% compared to the previous quarter. Net income increased by 36% year-on-year and by 5% quarter-on-quarter. Operating expenses increased by 21% year-on-year and decreased by 4% quarter-on-quarter. The bank's cost / income ratio decreased from the 69% in Q4 2019 to 62% in the first quarter of this year. Coop Pank's ROE in Q1 2020 was 6.5%. As at March 31, 2020, Coop Pank has 11,958 shareholders, 685 shareholders having joined over the quarter. Margus Rink, Chairman of the Management Board of Coop Pank, comments the results: ?The year started very well for Coop Pank. In the first two months, we were able to outperform our growth targets and move at the pace of meeting our three-year strategic goals, announced at the entering to the stock market. The positive result for the quarter was supported by the increase in the number of customers, both private and business, and the rapid growth of private customers' demand deposits. This demonstrates that the newly joined customers start using our services immediately. In mid-March, the economic situation changed and the impact of the restrictions, imposed for prevention of the coronavirus, reached companies and individuals. The Bank's financial results are primarily affected by additional impairment losses on the loan portfolio, resulting from granting payment holidays. We can also see that due to the decline in customer confidence, interest in loan products has decreased and even in the most positive economic recovery scenario, the rebuilding of confidence will take its time. In the changed economic environment, we have cut the bank's operating expenses as a first step and shall increase efficiency in our operations in the forthcoming quarters as well. Although this year's growth of business volumes will be lower-than expected, we have not yet changed the bank's three-year strategic goals, among which the main ones being the increase of the customer base to 100,000 and reach a loan portfolio of EUR 1 billion. One of the most important events of Coop Pank in Q1 2020 is the solution, created in cooperation with Veriff in early March, which allows potential customers to identify themselves via video identification based on Veriff technology and customers no longer have to visit a bank branch for signing a small loan agreement. This innovative solution changes the loan issuing process swifter and more convenient. In March of this year, the research company Kantar Emor published a ranking of the net promoter score (NPS) of largest Estonian service companies, based on the actual service experience of their customers. According to the survey, Coop Pank achieved a high 2(nd) place among banks for the second year in a row. This confirms that we follow the right track in providing the service experience and that the clients will notice it. Coop Pank can be characterised by the courage to lead banking in an innovative way, creating banking services that fit into the daily activities of our clients at the point where they need them. As a local bank, we make quick decisions and are flexible, thus contributing to the improvement of life in Estonia. We continue to implement our distinctive strategy, based on the integration between banking and retail trade." Income statement, EUR thousand Q1 2020 Q4 2019 Q1 2019 ------------------------------------------------------------------------------- Net interest income 6 358 5 819 4 500 Net fee and commission income 521 675 552 Other net income 238 262 163 ------------------------------------------------------------------------------- Total net income 7 117 6 756 5 215 ------------------------------------------------------------------------------- Payroll expense -2 662 -2 710 -2 248 Marketing expense -226 -317 -213 IT expense and depreciation of intangible assets -563 -444 -452 Rental and office expense, depreciation of property, plant and equipment -490 -550 -294 Other operating expense -501 -614 -463 ------------------------------------------------------------------------------- Total operating expense -4 442 -4 635 -3 670 ------------------------------------------------------------------------------- Net profit before impairment losses on loans and advances 2 675 2 121 1 545 Impairment losses on loans and advances -1 214 -538 -373 Profit/loss before income tax 1 461 1 583 1 172 Income tax 0 0 2 ------------------------------------------------------------------------------- Net profit for the reporting period 1 461 1 583 1 174 ------------------------------------------------------------------------------- Basic and diluted earnings per share 0,02 0,02 0,02 Balance sheet, EUR thousand 31.03.2020 31.12.2019 31.03.2019 ------------------------------------------------------------------------------- Cash and cash equivalents 119 480 122 295 83 889 Debt securities 3 737 4 061 7 732 Loans to customers 504 119 460 460 351 193 Other assets 25 341 24 486 22 638 ------------------------------------------------------------------------------- Total assets 652 677 611 302 465 452 ------------------------------------------------------------------------------- Customer deposits and loans received 547 398 506 531 399 015 Other liabilities 7 696 8 356 8 872 Subordinated debt 7 111 7 064 7 111 ------------------------------------------------------------------------------- Total liabilities 562 205 521 951 414 998 ------------------------------------------------------------------------------- Shareholder's equity 90 472 89 351 50 454 ------------------------------------------------------------------------------- Total liabilities and equity 652 677 611 302 465 452 ------------------------------------------------------------------------------- The reports of Coop Pank are available at: https://www.cooppank.ee/en/reporting Coop Pank will organise a webinar on April 21, 2020 at 11:00 AM, to present the financial results of Q1 2020. For participation, please register in advance at: https://attendee.gotowebinar.com/register/6690533059297836043 (https://www.globenewswire.com/Tracker?data=LqJgSxZE70iQicXg27iplX4sx0NgQ2UJjdNQ vEag43roOVnboQyT4dZqj5dpFH0prV86Ndir_yy9nG79lix- qfDcYWFGAv8RUBX6ONbNcCChaPSotpfZrd8qq7aZ7yfMSFjZL3P6v6pON0ekY3R50nDdY- HTorKw9VRK8kYoFr_1s1hsoM3lmQTOh-US_HlicE3_nmVn3bv0d48SFdKWNw==) The webinar will be recorded and published on the company's website www.cooppank.ee (http://www.cooppank.ee) as well as on the Nasdaq Baltic youtube.com channel. Coop Pank, based on Estonian capital, is one of the five universal banks operating in Estonia. The bank has 69,400 daily banking clients. 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])