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!
Business volumes, financial results and key ratios
2017 | 2018 | 2019 | 2020 | 2021 | 2022 Q1 | |
---|---|---|---|---|---|---|
Net loan portfolio (EUR millions) | 238 | 329 | 460 | 671 | 953 | 1 040 |
business clients | 68 | 101 | 157 | 258 | 423 | 468 |
retail clients | 114 | 138 | 179 | 263 | 365 | 397 |
consumer financing | 38 | 47 | 59 | 66 | 67 | 70 |
leasing | 19 | 40 | 64 | 84 | 98 | 105 |
Deposits | 316 | 385 | 507 | 758 | 1099 | 1 149 |
demand deposits | 153 | 120 | 152 | 302 | 518 | 575 |
fixed-term deposits and loans received | 163 | 265 | 354 | 456 | 581 | 574 |
Equity | 45 | 49 | 89 | 98 | 112 | 115 |
Net revenue, total (EUR thousands) | 17 289 | 19 768 | 23 719 | 31 089 | 39 238 | 11 492 |
interest | 11 519 | 16 779 | 20 689 | 28 371 | 35 538 | 10 595 |
service charges | 2 170 | 2 302 | 2 372 | 2 097 | 3 085 | 796 |
other | 3 600 | 687 | 658 | 621 | 615 | 101 |
Total operating expenses | -11 518 | -13 601 | -16 261 | -18 796 | -22 453 | -6 199 |
Operating profit | 5 771 | 6 167 | 7 458 | 12 293 | 16 785 | 5 293 |
Loan impairment expenses | -1 313 | -1 392 | -1 931 | -4 789 | -2 497 | -1 494 |
Profit before income tax | 4 458 | 4 775 | 5 527 | 7 504 | 14 288 | 3 799 |
Income tax expenses | 0 | -22 | 0 | -245 | -825 | -299 |
Net profit | 4 458 | 4 753 | 5 527 | 7 259 | 13 463 | 3 500 |
including share of parent company | 4 345 | 4 753 | 5 527 | 7 259 | 13 463 | 3 500 |
Number of clients (thousands) | 36 | 45 | 64 | 87 | 115 | 122 |
Number of employees (FTE) | 192 | 220 | 273 | 289 | 313 | 326 |
Return on equity (ROE) | 11.7% | 10.1% | 9.8% | 7.8% | 12.9% | 12.3% |
Return on assets (ROA) | 1.3% | 1.2% | 1.0% | 1.0% | 1.3% | 1.1% |
Net interest margin (NIM) | 3.7% | 4.3% | 4.2% | 3.9% | 3.4% | 3.4% |
Financing cost | 0.6% | 0.8% | 1.0% | 0.9% | 0.9% | 0.5% |
Cost/income ratio (CIR) | 66.6% | 68.8% | 68.6% | 60.5% | 57.2% | 53.9% |
Capital adequacy T1 | 17.3% | 16.0% | 22.3% | 18.0% | 16.6% | 16.7% |
Total capital adequacy | 19.9% | 18.1% | 24.3% | 19.5% | 16.6% | 16.7% |
Annual credit risk rate | 0.6% | 0.7% | 0.5% | 0.5% | 0.3% | 0.6% |
Liquidity coverage ratio (LCR) | 728% | 1375% | 682% | 275% | 202% | 153% |