Coop Pank — Earnings Release 2021

Jun 11, 2021

Coop Pank Group Unaudited financial results for May 2021

kerli.lohmus@cooppank.ee https://www.cooppank.ee/en/investor

May: strong growth of loan portfolio

• Net profit for the month was 1 022 thousand euros. Year-to-date net income was +24%, expenses +19% and profit +117% comparing to 2020.
• The bank is well capitalized. Monthly return-on-equity was 12%.
• Loan portfolio increased by 27 mln euros. Portfolio has increased by 37% Y-o-Y.
• Total deposits decreased by 10 mln euros. Deposits from business clients grew by 18 mln euros and deposits from private clients grew by 6 mln euros. Volume of foreign deposits and other financing decreased by 34 mln euros. Yearly growth +52%.
• Coop Pank customer base grew by 2 300 to 98 200.

Coop Pank Group ('000 €) Net operating income Interest Service fee and commissions Other Operating expenses Payroll expenses Other expenses Operating profit Financial impairement losses assets Profit before income tax Income tax Net profit (ROE) Return on equity Cost / (CIR) income ratio Net interest margin (NIM) Cost of financing No. of in Coop Pank ('000) customers	Month		Year-to-Date
	05.21	04.21	05.21	05.20	Difference	YoY
	3 076 2 814 249 13 1 727 962 765 1 349 250 1 099	3 001 2 661 280 61 1 774 957 817 1 227 296 931	14 969 13 517 1 177 274 8 623 4 798 3 826 345 6 1 317 5 029	12 097 10 897 831 370 7 253 4 291 2 962 845 4 2 673 2 172	+2 871 +2 621 +346 -96 +1 371 +507 +864 501 +1 -1 356 +2 857	+24% +24% +42% -26% +19% +12% +29% +31% -51% +132%		comparing to 2020. by 37% Y-o-Y.
	77 1 022 11.8% 56% 3.3% 0.8% 98.2	66 864 10.4% 59%	308 4 721 11.4% 58%	0 2 172 5.8% 60% 4.1% 1.0% 72.9	+308 +2 549 +5.6pp -2.3pp -0.6pp -0.2pp +25.3	+117% +35%		decreased by 34 mln euros. Yearly growth +52%. Coop Pank customer base grew by 2 300 to 98
		3.3% 0.8% 95.8	3.5% 0.8% 98.2				•
Net loan portfolio (m€) Deposits and loans received Equity	736.3 879.6 102.8	709.4 890.1 101.3	736.3 879.6 102.8	539.3 578.9 91.5	+197.0 +300.7 +11.3	+37% +52% +12%
Monthly profit					Loans and deposits No. of customers in Coop Pank
Operating profit Net profit			'000 €						No. of customers in Coop Pank, '000