Coop Menüü
Let’s stand united. Let’s grow together.
Coop Pank is here to stay. Our mission is to boost Estonian companies and help people make their dreams come true in every corner of Estonia – in the countryside as well as in the cities. Invest in your own future and in the future of Estonia!
Monthly and interim reports
January
results
results
February
results
results
March
results
results
Interim report
I Quarter
I Quarter
Presentation
I Quarter
I Quarter
April
results
results
May
results
results
June
results
results
Interim report
II Quarter
II Quarter
Presentation
II Quarter
II Quarter
July
results
results
August
results
results
September
results
results
Interim report
III Quarter
III Quarter
Presentation
III Quarter
III Quarter
October
results
results
January
results
results
February
results
results
March
results
results
Interim report
Quarter I
Quarter I
Presentation
Quarter I
Quarter I
April
results
results
May
results
results
June
results
results
Interim report
Quarter II
Quarter II
Presentation
Quarter II
Quarter II
July
results
results
August
results
results
September
results
results
Interim report
Quarter III
Quarter III
Presentation
Quarter III
Quarter III
October
results
results
November
results
results
December
results
results
Presentation
Quarter IV
Quarter IV
Interim report
Quarter IV
Quarter IV
January
results
results
February
results
results
March
results
results
Interim report
Quarter I
Quarter I
Presentation
Quarter I
Quarter I
April
results
results
May
results
results
June
results
results
Interim report
Quarter II
Quarter II
Presentation
Quarter II
Quarter II
July
results
results
August
results
results
September
results
results
Interim report
Quarter III
Quarter III
Presentation
Quarter III
Quarter III
October
results
results
November
results
results
December
results
results
Interim report
Quarter IV
Quarter IV
Presentation
Quarter IV
Quarter IV
January
results
results
February
results
results
Interim report
Quarter I
Quarter I
Presentation
Quarter I
Quarter I
April
results
results
May
results
results
Interim report
Quarter II
Quarter II
Presentation
Quarter II
Quarter II
July
results
results
August
results
results
Interim report
Quarter III
Quarter III
Presentation
Quarter III
Quarter III
October
results
results
November
results
results
Interim report
Quarter IV
Quarter IV
Presentation
Quarter IV
Quarter IV
Remuneration report & Corporate Governance & ESG
Main financial indicators
Business volumes, financial results and key ratios
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 I kv | 2022 II kv | 2022 III kv | 2022 IV kv | 2022 | 2023 I kv | 2023 II kv | 2023 III kv | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net loan portfolio (EUR millions) | 238 | 329 | 460 | 671 | 953 | 1 040 | 1 131 | 1 208 | 1 301 | 1 301 | 1 347 | 1 458 | 1 494 |
| business clients | 68 | 101 | 157 | 258 | 423 | 468 | 503 | 532 | 578 | 578 | 589 | 642 | 662 |
| retail clients | 114 | 138 | 179 | 263 | 365 | 397 | 437 | 473 | 508 | 508 | 583 | 567 | 586 |
| consumer financing | 38 | 47 | 59 | 66 | 67 | 70 | 76 | 80 | 86 | 86 | 89 | 97 | 96 |
| leasing | 19 | 40 | 64 | 84 | 98 | 105 | 115 | 123 | 130 | 130 | 136 | 152 | 149 |
| Deposits | 316 | 385 | 507 | 758 | 1 099 | 1 149 | 1 249 | 1 354 | 1 508 | 1 508 | 1 513 | 1 755 | 1 707 |
| demand deposits | 153 | 120 | 152 | 302 | 518 | 575 | 617 | 672 | 717 | 717 | 616 | 585 | 531 |
| fixed-term deposits and loans received | 163 | 265 | 354 | 456 | 581 | 574 | 632 | 682 | 791 | 791 | 896 | 1 170 | 1 176 |
| Equity | 45 | 49 | 89 | 98 | 112 | 115 | 117 | 123 | 149 | 149 | 159 | 165 | 176 |
| Net revenue, total (EUR thousands) | 17 289 | 19 768 | 23 719 | 31 089 | 39 238 | 11 492 | 12 757 | 13 847 | 16 534 | 54 631 | 19 661 | 22 390 | 22 738 |
| Interest | 11 519 | 16 779 | 20 689 | 28 371 | 35 538 | 10 595 | 11 629 | 12 721 | 15 765 | 50 709 | 18 372 | 21 044 | 21 257 |
| service charges | 2 170 | 2 302 | 2 372 | 2 097 | 3 085 | 796 | 904 | 978 | 1 107 | 3 785 | 1 028 | 1 183 | 1 147 |
| other | 3 600 | 687 | 658 | 621 | 615 | 101 | 224 | 148 | -338 | 137 | 261 | 163 | 334 |
| Total operating expenses | -11 518 | -13 601 | -16 261 | -18 796 | -22 453 | -6 199 | -6 610 | -6 929 | -7 439 | -27 177 | -7 596 | -8 565 | -9 022 |
| Operating profit | 5 771 | 6 167 | 7 458 | 12 293 | 16 785 | 5 293 | 6 147 | 6 918 | 9 095 | 27 454 | 12 065 | 13 825 | 13 716 |
| Loan impairment expenses | -1 313 | -1 392 | -1 931 | -4 789 | -2 497 | -1 494 | -1 181 | -672 | -1 898 | -5 245 | -1 627 | -2 232 | -1 296 |
| Profit before income tax | 4 458 | 4 775 | 5 527 | 7 504 | 14 288 | 3 799 | 4 966 | 6 246 | 7 197 | 22 209 | 10 438 | 11 593 | 12 420 |
| Income tax expenses | 0 | -22 | 0 | -245 | -825 | -299 | -378 | -499 | -682 | -1 859 | -1 063 | -1 227 | -1 344 |
| Net profit | 4 458 | 4 753 | 5 527 | 7 259 | 13 463 | 3 500 | 4 588 | 5 747 | 6 515 | 20 350 | 9 375 | 10 366 | 11 076 |
| including share of parent company | 4 345 | 4 753 | 5 527 | 7 259 | 13 463 | 3 500 | 4 588 | 5 747 | 6 515 | 20 350 | 9 375 | 10 366 | 11 076 |
| Number of clients (thousands) | 36 | 45 | 64 | 87 | 115 | 122 | 131 | 139 | 147 | 147 | 155 | 167 | 175 |
| Number of employees (FTE) | 192 | 220 | 273 | 289 | 313 | 326 | 330 | 335 | 352 | 352 | 375 | 391 | 411 |
| Return on equity (ROE) | 11.7% | 10.1% | 9.8% | 7.8% | 12.9% | 12.3% | 15.8% | 19.1% | 19.2% | 16.8% | 24.4% | 25.6% | 25.9% |
| Return on assets (ROA) | 1.3% | 1.2% | 1.0% | 1.0% | 1.3% | 1.1% | 1.3% | 1.5% | 1.6% | 1.4% | 2.2% | 2.2% | 2.2% |
| Net interest margin (NIM) | 3.7% | 4.3% | 4.2% | 3.9% | 3.4% | 3.4% | 3.4% | 3.5% | 3.9% | 3.5% | 4.4% | 4.6% | 4.4% |
| Financing cost | 0.6% | 0.8% | 1.0% | 0.9% | 0.7% | 0.5% | 0.5% | 0.7% | 0.9% | 0.7% | 1.4% | 1.8% | 2.7% |
| Cost/income ratio (CIR) | 66.6% | 68.8% | 68.6% | 60.5% | 57.2% | 53.9% | 51.8% | 50.0% | 45.0% | 49.7% | 38.6% | 38.3% | 39.7% |
| Capital adequacy T1 | 17.3% | 16.0% | 22.3% | 18.0% | 14.0% | 13.0% | 13.4% | 13.5% | 15.4% | 15.4% | 15.1% | 15.3% | 15.7% |
| Total capital adequacy | 19.9% | 18.1% | 24.3% | 19.5% | 16.6% | 16.7% | 16.7% | 16.7% | 17.8% | 17.8% | 17.4% | 17.4% | 17.8% |
| Annual credit risk rate | 0.6% | 0.7% | 0.5% | 0.5% | 0.3% | 0.6% | 0.4% | 0.2% | 0.6% | 0.3% | 0.5% | 0.6% | 0.3% |
| Liquidity coverage ratio (LCR) | 728% | 1375% | 682% | 275% | 202% | 153% | 160% | 157% | 176% | 176% | 175% | 224% | 260% |
Dividend payments
| Amount per share | The date of fixing the list of shareholders | Payout date |
|---|---|---|
| 4,5 eurocents | 27.04.2023 | 03.05.2023 |
| 3 eurocents | 28.04.2022 | 03.05.2022 |
The extraordinary General Meeting of the Shareholders held on November 8th, 2019 approved the dividend policy of Coop Pank AS, which is available here.