Report
Cor Kluis

Van Lanschot Kempen : Commission income and NII somewhat less, offset by cost control and other

>Conclusion: - The bottom line net profit was somewhat higher by less recurring items like taxes and other income. The net commission was somewhat less mostly due to the merchant bank and the net interest income was somewhat less by low interest rates. This was partly offset by good other cost control. The net inflow in private banking was strong and better than expected, which is important for the value of the franchise showing that they are winning market share. §rc...
Underlying
Van Lanschot Kempen NV cert. of shs

Van Lanschot is the holding company of F. van Lanschot Bankiers NV in the Netherlands. Co.'s services focus on high net-worth individuals and entrepreneurs. Co. also, through it's subsidiary Kempen & Co., also serves the institutional market and offers investment services. Co.'s services are organized into five business segments: Private Banking, Asset Management, Business Banking, Corporate Finance and Securities and other activities. Other Activities include activities relating to the management of interest rate, market and liquidity risk.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Cor Kluis

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