Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


May 05, 2015 3:13 AM ET

Banks

Company Overview of Pohjola Bank plc

Company Overview

Pohjola Bank plc, a financial services company, provides banking, non-life insurance, and asset management services to private, corporate, and institutional customers in Finland and internationally. It operates in Banking, Non-Life Insurance, and Wealth Management segments. The company offers corporate banking services, including financing, payment transfer, cash management, and financing services for foreign trade; loans and guarantees; and leasing and factoring services. It also provides custody, equity, foreign exchange, money market, and derivative products to research and analysis services, as well as engages in the arrangement of debt issues. In addition, the company offers non-life in...

Teollisuuskatu 1 B

Helsinki,  00510

Finland

Founded in 1902

2,503 Employees

Phone:

358 10 252 01

Key Executives for Pohjola Bank plc

Chief Executive Officer and President
Age: 44
Chief Financial Officer
Age: 40
President of Pohjola Asset Management Ltd
Age: 51
Executive Vice President of Banking
Age: 57
Head of Private and Corporate Customer Segment
Age: 59
Compensation as of Fiscal Year 2014.

Pohjola Bank plc Key Developments

Pohjola Bank plc Announces Consolidated Earnings Results for the First Quarter Ended March 31, 2015

Pohjola Bank plc announced consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported net interest income of €58 million against €64 million a year ago. Net interest income after impairments was €43 million against €59 million a year ago. Earnings before tax were €153 million against €153 million a year ago. Profit for the period attributable to owners of the parent was €128 million against €125 million a year ago. Net cash used in operating activities was €12 million against €3,364 million a year ago. Purchase of PPE and intangible assets was €7 million against €9 million a year ago. Return on equity was 15.3% against 16.6% a year ago. Return on investments at fair value was 2.6% against 1.4% a year ago. Earnings before tax at fair value were €259 million against €163 million a year ago.

Helsinki OP Bank Plc to Be Converted to A Cooperative Bank During 2016

The Supervisory Board of OP Financial Group's central cooperative has made a decision in principle whereby Helsinki OP Bank Plc will be converted from a limited liability company to a cooperative bank during 2016.

Pohjola Bank plc Reports Consolidated Earnings Results for the Full Year of 2014

Pohjola Bank plc reported consolidated earnings results for the full year of 2014. For the year, the company reported net interest income of EUR 257 million against EUR 230 million a year ago. Total income was EUR 1,116 million against EUR 1,008 million a year ago. Profit attributable to owners of the parent was EUR 461 million against EUR 426 million a year ago. Net cash from operating activities was EUR 719 million against net cash used in operating activities of EUR 5,680 million a year ago. Purchase of PPE and intangible assets was EUR 28 million against EUR 45 million a year ago. Return on equity was 14.3% against 14.4%. Return on assets was 1% against 1% a year ago. Equity per share was EUR 10.38 against EUR 9.54 a year ago.

Similar Private Companies By Industry

Company Name Region
Etelä-Päijänteen Osuuspankki Europe
Mandatum Stockbrokers Ltd. Europe
Siemens Financial Services Oy Europe
SNA Europe (Finland) Oy Europe
Nordea Finance Finland Ltd. Europe

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Greater Houston Partnership United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Pohjola Bank plc, please visit www.pohjola.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.