"The growth for
- Mattias Carlsson, CEO
January -
- The loan portfolio amounted to
SEK 10,872 million , compared toDecember 2020 the increase in local currencies was 33 % -
Operating profit increased by 34 % to
SEK 352.6 million , the comparison period was affected by an additional loan loss provision ofSEK 30 million - Earnings per share increased by 38 % to
SEK 12.55 - Cost/income ratio increased to 41.9 % (38.9)
- Total capital ratio has decreased to 16.2 % (17.4)
- Return on equity amounted to 24.4 % (22.0)
-
The Board proposes to the Annual General Meeting a dividend of
SEK 1.00 per share for 2021
October -
- The loan portfolio amounted to
SEK 10,872 million , compared toSeptember 2021 the increase in local currencies was 8 % -
Operating profit increased by 28 % to
SEK 98.7 million - Earnings per share increased by 32 % to
SEK 3.52 - Cost/income ratio increased to 43.0 % (40.6)
- Return on equity amounted to 25.4 % (24.1)
Significant events, January -
- The Credit Cards segment reported an operating profit for the fourth quarter and the German credit card portfolio has increased by 154 %.
TF Bank's e-commerce initiative Avarda launched a payment solution forBoozt's whole fast-growing ecommerce environment.-
The Board of
TF Bank has resolved on new financial targets. By the first half of 2025, the Bank's loan portfolio shall amount toSEK 20 billion and the return on equity shall be well above 20 %.
For further information, please contact:
Mikael Meomuttel, CFO and Head of Investor Relations +46 (0)70 626 95 33
This is information which
https://news.cision.com/tf-bank-ab--publ-/r/year-end-report-january---december-2021,c3491464
https://mb.cision.com/Main/13973/3491464/1524389.pdf
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