Stock exchange release
Nordea Mortgage Bank Plc: Half-year financial report January-June 2017
Nordea Mortgage Bank Plc's Half-year financial report January-June 2017 and Alternative performance measures have been published. The documents are attached to this release and they are available on the Internet at http://www.nordea.com/en/investor-relations/reports-and-presentations/.
Only information having material influence on the value of securities is included in this press release.
Nordea Mortgage Bank Plc is a wholly owned subsidiary of Nordea Bank AB (publ), the listed parent company of the whole Nordea Group. This statutory half-year report covers the operations of the legal entity Nordea Mortgage Bank Plc. The half-year report of Nordea Bank AB (publ) comprises the operations of the Nordea Group as a whole and gives the best overview of the Group.
Nordea Mortgage Bank Plc was established 1 October 2016 and hence no comparable income statement figures are available for the period January-June.
Summary of the first half of 2017
- The operating profit of Nordea Mortgage Bank amounted to EUR 56.9m
- Net interest income totalled EUR 91.1m
- Total operating income was EUR 81.5m
- Total operating expenses were EUR -24.3m
- Net loan losses were on a low level and amounted to EUR -0.3m
- Loans to the public decreased 3% compared to year-end 2016.
- Debt securities in issue increased to EUR 17,780.5m.
|Summary key figures
|Net interest income, EURm
|Total operating income, EURm
|Profit before loan losses, EURm
|Net loan losses, EURm
|Operating profit, EURm
|Loan loss ratio, annualised, bps
|Return on equity, %
|Tier 1 capital ratio, incl Basel I floor, %
|Total capital ratio, incl Basel I floor, %
|Number of employees (full time equivalents)
Helsinki, 20 July 2017
Nordea Mortgage Bank Plc
Board of Directors
Thomas Miller, Chief Executive Officer + 358 40 864 4554
Tomi Ylöstalo, Chief Financial Officer + 358 40 718 8184
Nordea Mortgage Bank Plc, Half-year financial report January-June 2017
Nordea Mortgage Bank Plc, Alternative performance measures January-June 2017
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