Van Lanschot Kempen : Higher net profit targets, continuing good inflows, increased our TP
>Conclusion: Higher net profit targets, good inflows, makes up increase our TP - At the CMD VLK increased its financial targets, and we updated our VLK model based on this. With the update targets a) VLK will operate with about € 35m more capital, b) about € 55m excess capital will be returned by end 2024 (3.3% of market cap), and c) we estimate a net profit of € 158m by 2027. VLK has been winning market share with annually net inflow of about +6% the last few years, ...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.