Jyske Bank A/S · OMXCOP:JYSK
Jyske Bank A/S — SEB Nordic Seminar 2018
10 slides from Jyske Bank A/S's conference presentation, Jan 10, 2018
Slide 1: Jyske Bank SEB Nordic Seminar 2018
Jyske Bank SEB Nordic Seminar 2018 10 January 2018
Slide 2: Jyske Bank in brief
Jyske Bank in brief • One of the four large financial institutions in Denmark and a Danish SIFI – 3 segments (Banking, Mortgage and Leasing) – Estimated market share of 12% – Danish play – Approx. 890,000 customers – Nationwide branch network comprised of 95 personal client branches, 30 corporate br
Slide 3: Our targets
Our targets Q3 2017 • Delivering an attractive long-term return on equity of 8-12% 9.2% • Volume growth DKK 91.6bn • DKK 100bn in housing-related loans • DKK 20bn in property loans for corporate clients DKK 17.1bn • Maintaining a strong capital position 19.8% and – Long-term targets for capital rati
Slide 4: Performance since merger with BRFkredit
Performance since merger with BRFkredit Net profit • ROE target met in every year since merger 1.400 21% DKKm 1.200 18% 1.000 15% 800 12% 600 9% 400 6% 200 3% 0 0% -200 -3% -400 -6% Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2014 2015 2015 2015 2015 2016 2016 2016 2016 2017 2017 2017 Net Profit ROE (after
Slide 5: Growth while reducing core expenses
Growth while reducing core expenses Accumulated home loans via Jyske Bank branches Core expenses and FTEs 1.500 April 30, 2014: 4.400 100 DKKbn 4,444 FTE DKKm 90 1.400 4.300 80 1.300 4.200 70 1.200 4.100 60 1.100 4.000 50 1.000 3.900 40 900 3.800 30 800 3.700 20 700 3.600 10 600 3.500 0 Q2 2014 Q1 2
Slide 6: Growth strategy
Growth strategy • Product innovation and competitive prices Total mortgage lending (DKKbn) – Launch of Jyske Bank home loans with bank features 291 308 300 • Net growth of more than DKK 105bn and substantial increase in 261 market share over the last four years for the Group 250 231 202 – Supports n
Slide 7: Upturn in Danish economy drives improvements in credit quality
Upturn in Danish economy drives improvements in credit quality • Upturn in Danish economy is expected to continue – Employment is up 5% since 2012 – Low interest rates, increasing house prices and export market growth stimulates demand – Export competitiveness looks healthy – The labour force is inc
Slide 8: Upcoming regulation
Upcoming regulation Capital ratio and CET1 ratio • Long-term capital targets based on fully implemented Basel IV 20 capital requirements: 1.8 18 1.8 – Capital ratio 17.5% and CET1 ratio 14% 16 2.5 16.2 – Capital ratios to remain above long-term targets given the 14 1.5 implementation of new rules on
Slide 9: What's next?
What’s next? ”We are where the client is” • It is our vision that our clients experience a positive difference and that generally we are among the best financial institutions in Denmark • Through our activities we will meet our clients and make a difference for them, wherever they are - geographical
Slide 10: General legal disclaimer
General legal disclaimer • This presentation and the information contained therein is furnished and has been prepared solely for information purposes by Jyske Bank A/S. It is furnished for your private information with the express understanding, which recipient acknowledges, that it is not an offer,