March 26, 2017 8:58 AM ET

Banks

Company Overview of De Volksbank N.V.

Company Overview

De Volksbank N.V. provides various banking products and services for individuals and small businesses in the Netherlands. The company offers savings, payments, investments, asset management, mortgages, loans, and disability and term life insurance, as well as online and mobile banking services. It operates under the four brands, including ASN Bank, BLG Wonen, RegioBank, and SNS. The company was formerly known as SNS Bank N.V. and changed its name to De Volksbank N.V. in January 2017. De Volksbank N.V. was founded in 1817 and is based in Utrecht, the Netherlands. De Volksbank N.V. is a subsidiary of de Volksholding B.V.

Hojel City Center

A-Building

Croeselaan 1

Utrecht,  3521 BJ

Netherlands

Founded in 1817

4,005 Employees

Phone:

31 30 291 5200

Key Executives for De Volksbank N.V.

Chairman of Managing Board and Chief Executive Officer
Age: 60
Chief Financial Officer and Member of Managing Board
Age: 40
Chief Operations Officer and Member of Managing Board
Age: 50
Chief Commercial Officer and Member of Managing Board
Age: 58
Chief Risk Officer and Member of Managing Board
Age: 45
Compensation as of Fiscal Year 2016.

De Volksbank N.V. Key Developments

De Volksbank Presents at Credit Suisse 2017 European Banks Conference, Mar-08-2017

De Volksbank Presents at Credit Suisse 2017 European Banks Conference, Mar-08-2017 . Venue: Credit Suisse, 20 Columbus Courtyard, Canary Wharf, London, E14 4DA, United Kingdom. Speakers: Bart Toering, Treasuer.

De Volksbank N.V. Reports Unaudited Consolidated Earnings Results for the Second Half and Full Year Ended December 31, 2016; Provides Earnings Guidance for the Year 2017

De Volksbank N.V. reported unaudited consolidated earnings results for the second half and full year ended December 31, 2016. For the year, the company reported net interest income of €911 million compared to €994 million reported a year ago. Total income was €1,007 million compared to €1,125 million reported a year ago. Result before taxation was €432 million compared to €476 million reported a year ago. Net result continued operations were €329 million compared to €348 million reported a year ago. Net result attributable to shareholder was €329 million compared to €348 million reported a year ago. Adjusted net result for the period was €354 million compared to €335 million reported a year ago. Return on equity was 9.6% compared to 11.1% reported a year ago. Adjusted return on equity was 10.3% compared to 10.7% reported a year ago. For the second half, the company reported net interest income of €439 million, total income of €497 million, result before tax of €190 million, net result for the period of €148 million, adjusted net result for the period of €161 million, return on equity of 8.4% and adjusted return on equity of 9.2%. The company provided earnings guidance for the year 2017. For the year, the company expects the net result to be lower compared to the level of 2016.

De Volksbank N.V. to Report Fiscal Year 2016 Results on Feb 23, 2017

De Volksbank N.V. announced that they will report fiscal year 2016 results on Feb 23, 2017

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Recent Private Companies Transactions

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Date
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