OmaSp is a growing satisfied customers’ nationwide retail bank in Finland. We are the largest Finnish savings bank and we operate independently from other banking groups. Excellent customer experience is in the core of OmaSp’s strategy and our target is to have industry leading customer experience and recommendation rate. OmaSp operates local and close to its customers and offers both full-service and high service accessibility 160,000 private and business customers through extensive digital service channels and 37 branches. Bank employs approximately for about 330 motivated and highly satisfied persons.
In recent years OmaSp's strategy has driven strong growth which has been the highest within the peer group. Also the efficiency and profitability have been among the best. OmaSp’s funding base and liquidity are also strong. Our target is to continue strong profitable growth in the future by focusing on excellent customer experience and high operational efficiency.
1875
Served areaFinland
HeadquartersValtakatu 32, 53100 Lappeenranta – Finland
Line item in (eur) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
---|---|---|---|---|
Assets | N/A | 4,381,999,000.00 | 5,372,633,000.00 | 5,941,766,000.00 |
Property Plant And Equipment | N/A | 29,698,000.00 | 27,887,000.00 | 28,799,000.00 |
Investment Accounted For Using Equity Method | N/A | 23,787,000.00 | 22,884,000.00 | 25,351,000.00 |
Deferred Tax Assets | N/A | 3,875,000.00 | 7,077,000.00 | 21,924,000.00 |
Cash and cash equivalents | N/A | 262,087,000.00 | 198,046,000.00 | 402,030,000.00 |
Equity And Liabilities | N/A | 4,381,999,000.00 | 5,372,633,000.00 | 5,941,766,000.00 |
Equity | 319,865,000.00 | 353,493,000.00 | 401,294,000.00 | 364,961,000.00 |
Issued Capital | N/A | 24,000,000.00 | 24,000,000.00 | 24,000,000.00 |
Retained Earnings | N/A | 180,712,000.00 | 231,939,000.00 | 272,139,000.00 |
Other Reserves | N/A | 148,354,000.00 | 144,833,000.00 | 68,822,000.00 |
Equity Attributable To Owners Of Parent | N/A | 353,066,000.00 | 400,772,000.00 | 364,961,000.00 |
Noncontrolling Interests | N/A | 427,000.00 | 522,000.00 | 0.00 |
Liabilities | N/A | 4,028,506,000.00 | 4,971,339,000.00 | 5,576,806,000.00 |
Deferred Tax Liabilities | N/A | 27,948,000.00 | 31,122,000.00 | 36,072,000.00 |
Line item in (eur) | 01.01.2020/ 01.01.2021 |
01.01.2021/ 01.01.2022 |
01.01.2022/ 01.01.2023 |
---|---|---|---|
Revenue From Interest | 72,813,000.00 | 84,908,000.00 | 121,876,000.00 |
Other Income | 3,130,000.00 | 30,012,000.00 | 5,371,000.00 |
Employee Benefits Expense | 16,866,000.00 | 20,631,000.00 | 24,316,000.00 |
Depreciation Amortisation And Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss | 5,213,000.00 | 10,267,000.00 | 7,543,000.00 |
Other Expense By Nature | 29,598,000.00 | 34,396,000.00 | 41,203,000.00 |
Impairment Loss Impairment Gain And Reversal Of Impairment Loss Determined In Accordance With I F R S9 | 21,587,000.00 | 7,294,000.00 | 1,747,000.00 |
Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method | -103,000.00 | -706,000.00 | -357,000.00 |
Profit Loss Before Tax | 37,707,000.00 | 83,271,000.00 | 69,226,000.00 |
Income Tax Expense Continuing Operations | 7,054,000.00 | 17,019,000.00 | 13,847,000.00 |
Profit (loss) | 30,653,000.00 | 66,252,000.00 | 55,379,000.00 |
Profit Loss Attributable To Owners Of Parent | 30,824,000.00 | 66,158,000.00 | 55,382,000.00 |
Profit Loss Attributable To Noncontrolling Interests | -171,000.00 | 95,000.00 | -2,000.00 |
Line item in (eur) | 01.01.2021 | 01.01.2022 | 01.01.2023 |
---|---|---|---|
Profit (loss) | 30,653,000.00 | 66,252,000.00 | 55,379,000.00 |
Adjustments For Reconcile Profit Loss | 37,163,000.00 | 29,872,000.00 | 2,346,000.00 |
Adjustments For Income Tax Expense | 7,054,000.00 | 17,019,000.00 | 13,847,000.00 |
Adjustments For Fair Value Gains Losses | -114,000.00 | -9,000.00 | 414,000.00 |
Other Adjustments For Which Cash Effects Are Investing Or Financing Cash Flow | 0.00 | -7,535,000.00 | 0.00 |
Other Adjustments To Reconcile Profit Loss | 548,000.00 | 2,031,000.00 | -21,329,000.00 |
Adjustments For Reconcile Profit Loss | 37,163,000.00 | 29,872,000.00 | 2,346,000.00 |
Dividends Received Classified As Operating Activities | 199,000.00 | 300,000.00 | 449,000.00 |
Interest Paid Classified As Operating Activities | 5,357,000.00 | 4,146,000.00 | 10,848,000.00 |
Interest Received Classified As Operating Activities | 81,646,000.00 | 84,177,000.00 | 110,342,000.00 |
Income Taxes Paid Refund Classified As Operating Activities | 2,473,000.00 | 7,301,000.00 | 15,679,000.00 |
Cash Flows From Used In Operating Activities | -129,630,000.00 | -469,770,000.00 | -125,184,000.00 |
Other Inflows Outflows Of Cash Classified As Investing Activities | 9,752,000.00 | 0.00 | 246,000.00 |
Cash Flows From Used In Investing Activities | -15,147,000.00 | -180,000.00 | -4,066,000.00 |
Payments To Acquire Or Redeem Entitys Shares | 0.00 | 2,863,000.00 | 367,000.00 |
Payments Of Lease Liabilities Classified As Financing Activities | 1,659,000.00 | 1,943,000.00 | 2,517,000.00 |
Dividends Paid Classified As Financing Activities | 0.00 | 12,699,000.00 | 15,010,000.00 |
Other Inflows Outflows Of Cash Classified As Financing Activities | 0.00 | 43,305,000.00 | -28,000.00 |
Cash Flows From Used In Financing Activities | 405,882,000.00 | 410,738,000.00 | 360,128,000.00 |
Increase (decrease) in cash and cash equivalents after effect of exchange rate changes | 261,106,000.00 | -59,212,000.00 | 230,878,000.00 |
Cash and cash equivalents | 262,087,000.00 | 198,046,000.00 | 402,030,000.00 |
Please note that some sums might not add up.
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