Van Lanschot Kempen Annual results 2021
24 February 2022
Van Lanschot Kempen: commission income up 30% and net profit at €143.8 million
Van Lanschot Kempen has published its annual results for 2021. Here are the key points from the press release:
- Net profit surged to €143.8 million (2020: €49.8 million) on the back of strong growth in commission income, book profits on the sale of private equity stakes and the release from loan loss provisions
- Client assets grew by 14% to €131.1 billion and AuM added 13% to €112.1 billion
- Record net AuM inflows at Private Clients of €3.8 billion
- Net AuM outflows at Wholesale & Institutional Clients of €4.0 billion
- Capital ratio robust at 23.7% (2020: 24.3%)
- Return on equity up to 15.7%
- Dividend proposed at €2.00 per share (2020: €0.70 per share)
Please find the press release in the attachment below.