OP Financial Group

Key figures and ratios


Q1–4/2016 Q1–4/2015 Change, %
Earnings before tax, € million 1,138 1,101 3.3

Banking 596 642 -7.3

Non-life Insurance 230 259 -11.1

Wealth Management 232 213 8.8
New OP bonuses accrued to owner-customers 208 197 5.3






31 Dec. 2016 31 Dec. 2015 Change, %
CET1 ratio, % 20.1 19.5 0.6*
Return on economic capital, % ** 22.7 21.5 1.2*
Ratio of capital base to minimum amount of capital base
(under the Act on the Supervision of Financial and Insurance Conglomerates), % ***
170 191 -21*
Ratio of impairment loss on receivables to loan and guarantee portfolio, % 0.09 0.10 0.0*
Owner-customers (1,000) 1,747 1,491 17.2






Q1–4/2016 Q1–4/2015 Change, %
Number of employees 12,227 12,130 0.8
In permanent employment 10,609 10,606 0
Average age of employees 43.6 43.8 -0.5
Women in managerial duties, % 36 36 0





Comparatives deriving from the income statement are based on figures reported for the corresponding period in 2015. Unless otherwise specified, balance sheet and other cross-sectional figures on 31 December 2015 are used as comparatives.
* Change in ratio
** 12-month rolling, change in percentage
*** The FiCo ratio has been calculated under Solvency II transitional provisions and the comparatives have been adjusted.