Coop Pank — Interim / Quarterly Report 2023

Jul 20, 2023

Coop Pank Group Unaudited financial results for June 2023

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Coop Pank Group	Month		Year-to-Date
	06.23	05.23	06.23	06.22	Difference YoY
Net operating income ('000 €)	7 429	7 737	051 42	250 24	+17 802	+73%
Interest	081 7	336 7	39 416	22 224	+17 192	+77%
Service fee and commissions	293	354	2 211	1 699	+512	+30%
Other	54	48	425	327	+98	+30%
Operating expenses	2 965	2 843	16 161	12 809	+3 352	+26%
Payroll expenses	1 733	1 587	9 442	7 229	+2 213	+31%
Other expenses	1 231	1 256	6 719	580 5	+1 139	+20%
Operating profit	4 465	4 894	25 891	11 441	+14 450	+126%
Financial impairement losses assets	675	1 219	3 859	2 675	+1 184	+44%
Profit before income tax	3 790	3 676	22 032	8 766	+13 266	+151%
Income tax	406	373	2 291	677	+1 613
Net profit	3 383	3 303	19 741	8 089	+11 653	+144%
on equity (ROE) Return	25,0%	24,2%	25,2%	14,2%	+11 0pp ,
Cost / income ratio (CIR)	40%	37%	38%	53%	-14 4pp ,
Net interest margin (NIM)	4,6%	4,9%	4,3%	3,4%	+0 9pp ,
Cost of financing	2,1%	1,7%	1,5%	0,5%	+1 0pp ,
No. of in Coop Pank ('000) customers	167,3	160,4	167,3	130,7	+36,6	+28%
Active customers	76,1	71,8	76,1	58,7	+17,4	+30%
portfolio (m€) Net loan	1 458	1 404	1 458	1 131	+326,8	+29%
Deposits and loans received	1 755	1 576	1 755	1 249	+506,0	+41%
Equity	165	162	165	117	+48,1	+41%

Business volumes and profitability last 13 months

Monthly profit

Profitability

* Coop Pank customer – a customer holding at least one opened bank account. Active customer – Coop Pank customer who has made at least 4 transactions in 60 days