Van Lanschot Kempen N.V.
Below you will find information from the register publication of inside information. The information has been provided by the organisation.
Registration date
14 aug 2012 - 07:44
Statutory name
Van Lanschot Kempen N.V.
Title
Van Lanschot: investment and cost reduction programme on track; profit recovery held back by higher loan loss
Comments
* Van Lanschot's solid profile remains strong:
- Core Tier I ratio at 11.0% (year-end 2011: 10.9%)
- Funding ratio at 85.3% (year-end 2011: 91.8%)
* Underlying net profit at € 16.0 million
* Assets under management up 2% to € 37.5 billion (year-end 2011: € 36.7 billion)
* Operating expenses down 3%; expenses excluding non-strategic investments € 204.3 million; investment and cost reduction programme on track:
- Net decrease of 101 FTEs in H1 2012
- Well on course to reducing the cost base to around € 380 million
Date last update: 02 July 2026