Fellow Bank's Financial Review 2022
Investor and analyst presentation 16.2.2023
1 16.2.2023
Fellow Bank
Mission
To offer the smoothest everyday digital banking services for individuals and SMEs.
Strategic cornerstones
Superior customer | Profitable products for |
experience | selected customer |
segments | |
Operational efficiency | Financially solid, |
trustworthy, Finnish bank | |
Loan portfolio (capital) | Deposits | |
160 M€ | 247 M€ | |
Capital adequacy | Income | |
16,8% | 10,2 M€ | |
Active customers | Customer Net Promoter | |
48 200 | Score 57 |
2 16.2.2023
2022 in Brief
- Launch of banking operations and merger with Evli Bank succeeded excellently.
- Loan portfolio increased during the period to 160 M€.
- Deposits remained at a stable level and totaled 247 M€.
- 2022 result was -9,7 M€ negative, but profitability improved substantially: -2,3 M€ in H2 (H1: -7,4 M€).
- Strategic transition from a lender to a digital bank progressed successfully. New digital banking services have received positive feedback from our customers (customer satisfaction measured as NPS was 57 for 2022).
- Capital adequacy was at a solid level: 16.8 %.
3 16.2.2023
Key Figures
Loan portfolio (capital) has grown strongly | Deposit base has been stable |
4 16.2.2023
Key Figures
Profitability improving | Total income increasing | Capital adequacy on a solid level |
Operational efficiency improving | Net loan losses decreasing | Expenses include investments in banking operations |
5 16.2.2023
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Disclaimer
Fellow Pankki Oyj published this content on 16 February 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 February 2023 09:58:02 UTC.