Van Lanschot Kempen : Earnings somewhat light by net interest income, rest in line
>Conclusion: Earnings somewhat light by net interest income, rest in line - The recurring P&L commission income and expenses were in line, but the net interest income was somewhat less. The solvency was marginally less. The net inflow was better than expected.Net interest income less than expected, solvency touch light - The net interest income was € 70m vs our € 76m in 1H22 (consensus € 73m). The decrease was mainly driven by lower margins on mortgag...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.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.