<

NORDEA MORTGAGE BANK PLC Nordea Mortgage Bank Plc: Annual Report 2022

Transparency directive : regulatory news

20/02/2023 15:45

Nordea Mortgage Bank Plc / Key word(s): Annual Results
Nordea Mortgage Bank Plc: Annual Report 2022

20.02.2023 / 15:45 CET/CEST


Nordea Mortgage Bank Plc: Annual Report 2022

Nordea Mortgage Bank Plc
Stock exchange release - Annual financial report
20 February 2023 at 16.00 EET

Nordea Mortgage Bank Plc's Annual Report, Corporate Governance Report and Alternative performance measures have been published. The documents are attached to this release and they are available on nordea.com. Only information having material influence on the value of securities is included in this stock exchange release.

The Annual Report now published covers the operations of Nordea Mortgage Bank Plc in Finland. Nordea Mortgage Bank Plc is a wholly owned subsidiary of Nordea Bank Abp. The financial statements of Nordea Bank Abp comprise the operations of the Nordea Group as a whole and give the best overview of the Group.

Summary of the year 2022

•      The operating profit of Nordea Mortgage Bank amounted to EUR 108.9m

•      Net interest income totalled EUR 269.2m

•      Total operating income was EUR 284.1m

•      Total operating expenses were EUR 154.9m, of which 93% for intra-group services.

•      Net loan losses totalled EUR 20.3m.

•      Loans to the public amounted to EUR 32,061.7m

•      Debt securities in issue amounted to EUR 21,305.1m

•      The combined size of the cover pools was EUR 24,284.5m and overcollateralization 12.4%.

Summary of the key figures 2022 2021 Change %
Net interest income, EURm 269.2 262.6 3
Total operating income, EURm 284.1 276.2 3
Total operating expenses, EURm -154.9 -147.9 5
Profit before loan losses, EURm 129.2 128.3 1
Net loan losses, EURm -20.3 -40.2 -50
Operating profit, EURm 108.9 88.1 24
Loan loss ratio, annualised, bps 6.3 13.0 -52
Return on equity, % 5.7 5.7 0
Tier 1 capital ratio, % 40.1 31.3 28
Total capital ratio, % 40.6 31.9 27
Number of employees (full time equivalents) 14 13 8

Nordea Mortgage Bank Plc's half-year report will be published 17 July 2023.

Helsinki, 20 February 2023              
Nordea Mortgage Bank Plc
Board of Directors

For further information:

Jussi Pajala, Chief Executive Officer, + 358 40 545 3859
Heikki Jousi, Chief Financial Officer, + 358 40 516 2971

Attachments:
Nordea Mortgage Bank Plc, Annual Report 2022
http://www.rns-pdf.londonstockexchange.com/rns/4763Q_1-2023-2-20.pdf

Nordea Mortgage Bank Plc, Corporate Governance Report 2022
http://www.rns-pdf.londonstockexchange.com/rns/4763Q_3-2023-2-20.pdf

Nordea Mortgage Bank Plc, Alternative Performance Measures 2022
http://www.rns-pdf.londonstockexchange.com/rns/4763Q_2-2023-2-20.pdf

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

 



End of Media Release


Language: English
Company: Nordea Mortgage Bank Plc
Satamaradankatu 5
FI-00020 Helsinki
Finland
ISIN: CH0123385772, XS1112680969, XS0770378379
Valor: A1GPVS, A1ZP1P, A1G3JL
Listed: SIX Swiss Exchange
EQS News ID: 1564211

 
End of News EQS News Service

1564211  20.02.2023 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1564211&application_name=news&site_id=symex

NORDEA MORTGAGE BANK PLC's latest news


19/02/2024 16:45
20/07/2023 19:15
17/07/2023 14:00
20/02/2023 15:45
18/07/2022 14:00
21/02/2022 18:00
21/07/2021 14:00
01/03/2021 14:50
17/07/2020 14:00
27/02/2020 14:00


Other stories

28/04/2024 04:37
28/04/2024 00:41
27/04/2024 17:54
28/04/2024 07:00
27/04/2024 22:39
27/04/2024 20:13
28/04/2024 08:10
28/04/2024 05:10
27/04/2024 20:49
27/04/2024 15:51
28/04/2024 02:40
27/04/2024 19:14
28/04/2024 08:19
27/04/2024 12:21
27/04/2024 18:00
27/04/2024 17:44
27/04/2024 21:00
27/04/2024 06:00
27/04/2024 13:12
27/04/2024 16:36
27/04/2024 08:30
27/04/2024 19:51
28/04/2024 02:27
28/04/2024 03:10
27/04/2024 23:54
28/04/2024 01:01
28/04/2024 06:35
28/04/2024 03:31
28/04/2024 04:00
27/04/2024 18:54
27/04/2024 14:00
26/04/2024 20:00
27/04/2024 20:48
27/04/2024 21:03
27/04/2024 13:26
27/04/2024 17:05
28/04/2024 04:52
26/04/2024 10:51