Key figures of VP Bank Group

 

2015

 

2014

Variance in %

Key balance sheet data in CHF million 1

 

 

 

 

Total assets

12,361.4

 

11,204.7

10.3

Due from banks

2,060.3

 

3,282.2

–37.2

Due from customers

5,007.0

 

4,263.9

17.4

Due to customers

10,546.4

 

9,446.0

11.6

Total shareholders’ equity

918.1

 

868.5

5.7

Equity ratio (in %)

7.4

 

7.8

–4.2

Tier 1 ratio (in %) 2

24.4

 

20.5

19.3

7.0

 

n.a.

n.a.

 

 

 

 

 

Key income statement data in CHF million 2

 

 

 

 

Total net operating income

306.6

 

222.7

37.7

Interest income

84.5

 

65.6

28.9

Income from commission business and services

126.4

 

118.4

6.7

Income from trading activities

46.1

 

25.4

81.6

Operating expenses

182.1

 

165.3

10.2

Net income

64.1

 

20.0

219.9

 

 

 

 

 

Client assets in CHF million 2

42,962.0

 

38,553.6

11.4

On-balance-sheet customer deposits (excluding custody assets)

10,062.1

 

9,515.6

5.7

Fiduciary deposits (excluding custody assets)

512.7

 

404.8

26.6

Client securities accounts

24,193.8

 

21,018.7

15.1

Custody assets

8,193.3

 

7,614.5

7.6

 

 

 

 

 

6,045.5

 

–850.2

n.a.

 

 

 

 

 

Key operating indicators

 

 

 

 

Ratio of foreign assets (in %)

35.2

 

38.0

–7.4

Return on equity (in %) 1,3

7.3

 

2.3

214.5

Cost/income ratio (in %) 4

59.4

 

74.2

–20.0

Headcount (expressed as full-time equivalents, excluding trainees) 5

734.4

 

694.9

5.7

Total net operating income per employee (in CHF 1,000)

417.4

 

320.4

30.3

Total operating expenses per employee (in CHF 1,000)

248.0

 

237.8

4.3

Net income per employee (in CHF 1,000)

87.2

 

28.8

202.7

 

 

 

 

 

Key indicators related to shares of VP Bank in CHF 1

 

 

 

 

Net income per bearer share 6

10.17

 

3.45

194.9

Net income per registered share 6

1.02

 

0.34

194.9

Dividend per bearer share

4.00

3.00

33.3

Dividend per registered share

0.40

0.30

33.3

Dividend yield (in %)

4.9

 

3.5

38.2

Payout ratio (in %)

39.3

 

n.a.

n.a.

Total shareholders’ return on bearer shares (in %)

0.0

 

–9.2

–100.0

Shareholders’ equity per bearer share on the balance-sheet date

154.01

 

149.98

2.7

Shareholders’ equity per registered share on the balance-sheet date

14.18

 

14.68

–3.5

Quoted price per bearer share

82.00

 

85.00

–3.5

Quoted price per registered share

8.20

 

8.50

–3.5

Highest quoted price per bearer share

87.50

 

98.95

–11.6

Lowest quoted price per bearer share

71.15

 

74.40

–4.4

Market capitalisation (in CHF million) 8

542

 

503

7.9

Price/earnings ratio per bearer share

8.06

 

24.65

–67.3

Price/earnings ratio per registered share

8.06

 

24.65

–67.3

Rating Standard & Poor’s

A–/Negative/A–2

 

A–/Negative/A–2

 

1The reported key data and operating indicators are computed and reported on the basis of the share of the net profit and shareholders’ equity attributable to the shareholders of VP Bank Ltd, Vaduz.

2Details in the notes to the consolidated income statement and consolidated balance sheet.

3Net income / average shareholders’ equity less dividend.

4Total operating expenses / total net operating income.

5In accordance with legal requirements, apprentices are to be included in headcount statistics as 50 per cent of equivalent full-time employees.

6Based on the weighted average number of shares (bearer) (note 11).

7Subject to approval by the annual general meeting.

8Including registered shares.