Growth, profitability and capital adequacy

OmaSp's historical economic development has been strong. The factors that contributed to this include the positive development of operating income, earnings and profitability, as well as strong capital adequacy.

OmaSp's Board of Directors has confirmed the following long term (3 to 5 years) financial objectives:

  • Growth
    10–15 % annual growth in total operating income under the current market conditions.
     
  • Profitability
    Cost/income ratio under 55 %.
     
  • Return on equity (ROE)
    Long-term return on equity (ROE) over 10 %.
     
  • Solvency
    Core capital ratio (CET1) at least 14 %

The Board of Directors has adopted a dividend policy pursuant to which the bank targets a steady and growing dividend with an annual dividend payout of at least 20 per cent of the previous years’ profit for the accounting period.