Van Lanschot Kempen N.V.
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Publicatie datum
12 nov 2010 - 07:32
Statutaire naam
Van Lanschot Kempen N.V.
Titel
Van Lanschot: further growth in results in third quarter 2010
Bericht
Van Lanschot’s operating result for the third quarter of 2010 is markedly higher than for the first
and second quarters of this year. Third-quarter interest income rose thanks to the higher interest
margin. The conversion of the preference shares into ordinary shares in June 2010 also lowered
interest expense. Assets under management were up in the third quarter, as a result of both an
inflow of new assets and the favourable market performance. Assets under discretionary
management in particular posted a healthy increase. Third-quarter transaction volumes and
commission were in line with the first six months of the year. Costs remained stable at the level of
the first two quarters of 2010.
Datum laatste update: 27 juli 2024