Van Lanschot Kempen Year Results 2020

Van Lanschot Kempen Year Results 2020

25 February 2021
Van Lanschot Kempen released its 2020 full-year results. These are the highlights from the press release:

• Net profit at €49.8 million for 2020, of which €40.4 million recorded in second half
• Record net inflows of €1.4 billion at Private Banking
• Client assets increased by 13% to €115.0 billion and AuM were up by 13% to €99.0 billion on the back of net inflows of €6.9 billion
• Solid cost management pushed down costs by €12.3 million to €371.8 million
• Very limited addition to loan loss provision of €1.9 million
• Capital ratio increases to 24.3%
• Proposed dividend of €0.70 per share (2019: €1.45 per share)

More information and the downloads can be found on the Van Lanschot Kempen website.