July 24, 2016 12:29 AM ET

Banks

Company Overview of SNS Bank N.V.

Company Overview

SNS Bank N.V. provides various banking and financial products and services primarily to private individuals, self-employed persons, and small and medium sized enterprises (SMEs) in the Netherlands. The company offers savings, payments, investments, asset management, loans, mortgages, investment funds, and insurance services. It has five bank brands, including ASN Bank, BLG Wonen, RegioBank, SNS, and ZwitserlevenBank. The company was founded in 1817 and is based in Utrecht, the Netherlands. SNS Bank N.V. is a subsidiary of SNS REAAL N.V.

Croeselaan 1

Utrecht,  3521 BJ

Netherlands

Founded in 1817

3,340 Employees

Key Executives for SNS Bank N.V.

Chairman of Managing Board and Chief Executive Officer
Age: 60
Chief Financial Officer and Member of Managing Board
Chief Operations Officer and Member of Managing Board
Chief Commercial Officer and Member of Managing Board
Age: 58
Chief Risk Officer and Member of Managing Board
Compensation as of Fiscal Year 2016.

SNS Bank N.V. Key Developments

SNS Bank N.V. to Report Fiscal Year 2015 Results on Mar 31, 2016

SNS Bank N.V. announced that they will report fiscal year 2015 results at 10:00 AM, Central European Standard Time on Mar 31, 2016

SNS Bank N.V. Reports Consolidated Earnings Results for the Second Half and Full Year Ended December 31, 2015; Provides Earnings Guidance for the Year 2016

SNS Bank N.V. reported consolidated earnings results for the second half and full year ended December 31, 2015. For the year, the company reported net interest income of €994 million compared to €1,024 million reported a year ago. Total income was €1,125 million compared to €1,099 million reported a year ago. Result before tax was €476 million compared to €251 million reported a year ago. Net result was €348 million compared to €151 million reported a year ago. Adjusted net result was €335 million compared to €294 million reported a year ago. Return on equity was 11.1% compared to 5.4% reported a year ago. For the second half, the company reported net interest income of €479 million, total income of €490 million, result before tax of €151 million, net result of €104 million, adjusted net result of €138 million and return on equity of 6.5%. The company provided earnings guidance for the year 2016. For the year, the company expects net profit to be lower compared to the high level of 2015.

SNS Bank N.V., 2015 Earnings Call, Mar 03, 2016

SNS Bank N.V., 2015 Earnings Call, Mar 03, 2016

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