Brief: Van Lanschot Kempen H1 Net Profit Up At 58.3 Million Euros

Van Lanschot Kempen NV

26/08/2021 06:37

Aug 26 (Reuters) - Van Lanschot Kempen NV  VLAN.AS :
    * H1 NET PROFIT INCREASED TO EUR 58.3 MILLION (H1 2020: EUR
9.5
MILLION)
    * PAY OUT 2019 DIVIDEND AND REMAINDER 2020 DIVIDEND -
TOTALLING
EUR 1.95 PER SHARE IN BEGINNING OF Q4
    * END-H1 CAPITAL POSITION AT A CET 1 RATIO OF 21.9% (2020:
24.3%),
WITH THE DECREASE REFLECTING AN INCREASE IN RISK-WEIGHTED ASSETS
(RWA)
    * H1 INTEREST INCOME STABILISED AND AMOUNTED TO EUR 76.1
MILLION
(H1 2020: EUR 77.0 MILLION)
    * H1 COMMISSION INCOME, VERY CORE OF OUR REVENUES, WAS UP BY
18%
AT EUR 175.7 MILLION (H1 2020: EUR 148.9 MILLION)
    * H1 OPERATING EXPENSES STOOD AT €196.8 MILLION FOR THE
FIRST HALF
OF 2021 (H1 2020: €187.5 MILLION)

Source text for Eikon:  ID:nGNE1JrtvT 
Further company coverage:  VLAN.AS 

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