Key figures of VP Bank Group

 

30.06.2016

 

30.06.2015

31.12.2015

Variance to

 

unaudited

 

audited

audited

30.06.2015 in %

Key income statement data in CHF million1, 2

 

 

 

 

 

Total net operating income

129.8

 

172.5

306.6

–24.7

Total net interest income

49.5

 

42.4

84.5

16.8

Total net income from commission business and services

60.7

 

65.9

126.4

–8.0

Income from trading activities

17.7

 

19.0

46.1

–7.0

Operating expenses

89.4

 

96.8

182.1

–7.6

Group net income

24.4

 

40.9

64.1

–40.4

 

 

 

 

 

 

 

30.06.2016

 

30.06.2015

31.12.2015

Variance to

 

unaudited

 

audited

audited

31.12.2015 in %

Key balance-sheet data in CHF million1, 2

 

 

 

 

 

Total assets

11,539.6

 

12,623.1

12,361.4

–6.6

Due from banks

1,154.2

 

3,598.8

2,060.3

–44.0

Due from customers

5,080.6

 

4,921.5

5,007.0

1.5

Due to customers

9,576.4

 

10,561.9

10,546.4

–9.2

Total shareholders' equity

890.0

 

922.3

918.1

–3.1

Equity ratio (in %)

7.7

 

7.3

7.4

3.8

Tier 1 ratio (in %)

25.7

 

21.9

24.4

5.2

Leverage ratio in accordance with Basel III (in %)

7.4

 

n.a.

7.0

5.7

 

 

 

 

 

 

Client assets in CHF billion2, 8

39,767.4

 

40,698.0

41,361.0

–3.9

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

9,380.3

 

10,220.4

10,062.1

–6.8

Fiduciary deposits (excluding custody assets)

555.8

 

535.7

512.7

8.4

Client securities accounts

24,104.0

 

23,826.3

24,193.8

–0.4

Custody assets8

5,727.3

 

6,115.7

6,592.3

–13.1

Net new money

–218.5

 

6,154.8

6,045.5

n.a.

 

 

 

 

 

 

Key operating indicators2

 

 

 

 

 

Return on equity (in %)1, 3

5.5

 

9.2

7.3

 

Cost/income ratio (in %)4

68.9

 

56.1

59.4

 

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

735.0

 

746.0

734.4

 

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

176.6

 

231.3

417.4

 

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

121.7

 

129.7

248.0

 

Group net income per employee (in CHF 1,000)

33.2

 

54.9

87.2

 

 

 

 

 

 

 

Key indicators related to shares of VP Bank in CHF1, 9

 

 

 

 

 

Group net income per registered share A6

4.04

 

6.37

10.17

 

Group net income per registered share B6

0.40

 

0.64

1.02

 

Shareholders' equity per registered share A on the balance-sheet date

147.48

 

139.47

154.01

 

Shareholders' equity per registered share B on the balance-sheet date

13.74

 

13.95

14.18

 

Quoted price per registered share A

89.30

 

81.75

82.00

 

Quoted price per registered share B

8.90

 

8.18

8.20

 

Market capitalisation (in CHF million)7

591

 

541

542

 

Price/earnings ratio per registered share A

11.04

 

6.09

8.06

 

Price/earnings ratio per registered share B

11.00

 

6.09

8.06

 

Rating Standard & Poor's

A–/Stable/A–2

 

A–/Negative/A–2

A–/Negative/A–2

 

  1. The 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.
  2. Details in the notes to the consolidated income statement and consolidated balance sheet.
  3. Net income / average shareholders’ equity less dividend.
  4. Total operating expenses / total net operating income.
  5. In accordance with legal requirements, apprentices are to be included in headcount statistics as 50 per cent of equivalent full-time employees.
  6. Based on the weighted average number of shares (registered share A) (note 11).
  7. Including registered shares B.
  8. Adjusted (custody assets, see also note client assets).
  9. Conversion of bearer shares into registered shares A (note 13).