Bank of Åland Performance Overview
"Best Q2 2021 and H1 2021 results ever"
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Net operating profit Q2, EUR 13.6 M (9.8 M), +39 %
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ROE Q2, 16.4 % (11.8%)
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Net operating profit H1, EUR 24.4 M (16.7 M), +46 %
ROE H1, 14.4 % (10.1 %)
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Earnings per share, EUR 1.27 (0.85), +50%
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21
New record level of actively managed assets, lending and deposits
A new office opened in Oulu on the Finnish mainland
Dividends for 2019 and 2020 EUR 31.2 M (15.6 + 15.6) approved and distributed
In March 2021, for the first time the Bank of Åland issued additional Tier 1 (AT1) capital instruments, totalling SEK 300 M
In March 2021 the Swedish Financial Supervisory Authority granted Borgo, the new jointly owned mortgage company, a permit as a credit market company and an
issuer of covered bonds. Sparbanken Syd wants to join as a fifth partner
Working hours re-calculated to full-time equivalent positions increased by 81 FTE Q2 2021 vs. Q2 2020
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