Full highlights

Group, EUR millions

  9m 2019 9m 2018 Change 12m 2018 12m 2017 Change
Net interest income 63.8 61.1 4% 82.6 75.4 10%
Net fee and commission income 21.8 23.8 (8%) 32.0 34.3 (7%)
Operating income 92.9 95.7 (3%) 128.0 130.1 (2%)
Net credit losses (2.7) (7.4) (64%) (6.7) (13.6) (51%)
Net profit* 27.2 24.7 10% 34.8 31.5 11%
Return on average assets (ROA)* 1.11% 1.04% 0.1pp 1.10% 0.94% 0.15pp
Return on average equity (ROE)* 11.6% 11.9% (0.3pp) 12.3% 12.0% 0.3pp
Cost to income ratio 66.7% 66.1% 0.6pp 67.4% 63.7% 3.7pp
Cost of risk ratio 0.2% 0.7% 0.5pp 0.5% 1.0% (0.5pp)

Group, EUR millions

  30 Sept 2019 30 Sept 2018 Change 31 Dec 2018 31 Dec 2017 Change
Total assets 3,518 2,998 17% 3,052 3,312 (8%)
Loans to public 1,514 1,373 10% 1,396 1,331 5%
Deposits and borrowings from customers 3,071 2,598 18% 2,645 2,917 (9%)
Shareholders' equity 332 287 16% 297 269 10%
Loan-to-deposit ratio 49% 53% (4pp) 53% 46% 7pp

 

Jan-Dec 2017 is adjusted for one-time EUR 23.2 million write-off of deferred tax assets in Latvia due to change in the country’s corporate income tax regime and EUR 7.7 million reversal of impairment on property and equipment. In 2018 Citadele changed classification of supervisory fees and certain commission expenses. Prior period comparatives have been adjusted accordingly.