Half-year results 2021

26 August 2021

Half-year results 2021

Van Lanschot Kempen released its half-year results 2021. These are the highlights from the press release:

 

  • Net profit increased to €58.3 million (H1 2020: €9.5 million)
  • Record net AuM inflows at Private Clients of €2.4 billion; net outflows at Wholesale & Institutional Clients of €2.0 billion, due to a few institutional mandates
  • Client assets increased to €121.0 billion and AuM to €104.2 billion
  • Strong growth in management fee income
  • Strong capital ratio to 21.9% (2020: 24.3%); decrease caused by a more prudent calculation of market risk, among other factors
  • Pay out 2019 dividend and remainder 2020 dividend – totalling €1.95 per share in beginning of Q4
More information and the downloads can be found on the Van Lanschot Kempen website.