Report
Cor Kluis

Van Lanschot Kempen : H2 results better by high revenues, higher excess cap at 27% of market cap

>Conclusion: Results better by revenues, higher excess capital - The 2H21 results were better than expected due to higher net commission income and higher net interest income revenues, which was partly mitigated by higher expenses. The continuing good real net inflow shows that the private clients business continue to work well. End 2021 the Solvency ratio was also higher than expected, whereby the excess capital (excl. the reserved final dividend) is about 27% of its...
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

ResearchPool Subscriptions

Get the most out of your insights

Get in touch