Published: 7.30 CEST
Capital Markets Day
First-quarter 2022 trading update
Maarten Edixhoven, Chair of the Van Lanschot Kempen Management Board, said: “The first quarter of this year was marked by high levels of uncertainty and volatility in the financial markets, caused by the terrible war in Ukraine and the ongoing pandemic. Our clients’ confidence and the sheer commitment and dedication of our people have kept our net assets under management (AuM) inflows in the black at €0.7 billion, pushed up commission income by 18% and brought us a strong net result of €25.1 million."
“Our transformation from a universal bank into a specialist wealth manager with a focus on private banking, professional solutions, investment management and investment banking is now complete, and this is a good time to enhance our financial targets and capital strategy. Our organisation boasts a solid growth track record, both organically and by acquisition, and we focus on growth while maintaining a capital-light balance sheet. Of course, our people are key: we have a great team full of entrepreneurial spirit and focused on our clients. We want to increase employee participation. The launch of an attractive employee share scheme at the start of the year proved a resounding success and we’ll soon be announcing a specific scheme for senior employees.”
Download full press release below
In view of our Capital Markets Day, we have opted to release a quarterly trading update containing more financial information than usual.
Our virtual Capital Markets Day will start at 2.00 pm on Wednesday 11 May. You may view this live or play it back at a later date. Please visit Presentations.
Media Relations: +31 20 354 45 85; email@example.com
Investor Relations: +31 20 354 45 90; firstname.lastname@example.org