Income Statement BinckBank Liquidnet

Stocks

OXBINC

NL0000335578

Investment Banking & Brokerage Services

Delayed Liquidnet			5-day change	1st Jan Change
- ^EUR	-.--%		-.--%	-

24-03-18	BinckBank N.V. Reports Earnings Results for the Full Year Ended December 31, 2023	CI
23-04-24	BinckBank N.V. Reports Earnings Results for the Full Year Ended December 31, 2022	CI

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Published financial data: BINCKBANK

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019 (EUR)	2020 (EUR)	2021 (EUR)	2022 (EUR)	2023 (EUR)
Interest and Dividend Income, Total	40.48M	35.11M	40.59M	40.95M	157M
Interest Expense, Total	16.85M	20.68M	28.12M	15.5M	107M
Net Interest Income	23.64M	14.43M	12.47M	25.45M	49.8M
Brokerage Commission	118M	181M	204M	129M	114M
Gain (Loss) on Sale of Investments, Total (Rev)	-	-	-	-	-
Other Revenues, Total	13.68M	18.45M	16.32M	6.59M	10.29M
Revenues Before Provison For Loan Losses	156M	213M	232M	161M	174M
Total Revenues	156M	213M	232M	161M	174M
Salaries And Other Employee Benefits	47.14M	42.24M	41.9M	35.48M	33.46M
Cost of Services Provided, Total	28.77M	33.16M	51.09M	42.54M	49.76M
Depreciation & Amortization - (IS) - (Collected)	6.46M	4.19M	3.45M	2.14M	1.44M
Other Operating Expenses	47.64M	38.67M	50.96M	37.76M	42.74M
Total Operating Expenses	130M	118M	147M	118M	127M
Operating Income	25.64M	95.22M	84.9M	43.23M	47.1M
Income (Loss) on Equity Invest.	-	-	-	-	-
EBT, Excl. Unusual Items	25.64M	95.22M	84.9M	43.23M	47.1M
Restructuring Charges	-10.4M	-2.2M	-13M	-3.3M	-1.8M
Gain (Loss) on Sale of Assets	-	-	2M	-	-
Asset Writedown	-	-	-	-	-
Other Unusual Items	8.73M	-	-	-	-
EBT, Incl. Unusual Items	23.97M	93.02M	73.9M	39.93M	45.3M
Income Tax Expense	7.82M	26.83M	18.61M	9.42M	13.41M
Earnings From Continuing Operations	16.15M	66.19M	55.29M	30.51M	31.89M
Net Income to Company	16.15M	66.19M	55.29M	30.51M	31.89M
Minority Interest	-	-	-	-	-
Net Income - (IS)	16.15M	66.19M	55.29M	30.51M	31.89M
Net Income to Common Incl Extra Items	16.15M	66.19M	55.29M	30.51M	31.89M
Net Income to Common Excl. Extra Items	16.15M	66.19M	55.29M	30.51M	31.89M
Per Share Items
Net EPS - Basic	0.24	0.99	0.83	0.46	0.48
Basic EPS - Continuing Operations	0.24	0.99	0.83	0.46	0.48
Basic Weighted Average Shares Outstanding	67.28M	66.81M	66.81M	66.81M	66.81M
Net EPS - Diluted	0.24	0.99	0.83	0.46	0.48
Diluted EPS - Continuing Operations	0.24	0.99	0.83	0.46	0.48
Diluted Weighted Average Shares Outstanding	67.28M	66.81M	66.81M	66.81M	66.81M
Normalized Basic EPS	0.24	0.89	0.79	0.4	0.44
Normalized Diluted EPS	0.24	0.89	0.79	0.4	0.44
Dividend Per Share	0.12	-	0.41	0.46	-
Payout Ratio	-	-	-	90.62	95.66
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
Effective Tax Rate - (Ratio)	32.63	28.84	25.18	23.6	29.6
Total Current Taxes	6.11M	22.01M	20.49M	7.83M	11.94M
Total Deferred Taxes	1.71M	4.82M	-1.88M	1.6M	1.47M
Normalized Net Income	16.03M	59.51M	53.06M	27.02M	29.44M
Supplemental Operating Expense Items
Stock-Based Comp., G&A Exp. (Total)	-	-	118K	70K	148K
Total Stock-Based Compensation	-	-	118K	70K	148K

Fiscal Period: December	2019 (EUR)	2020 (EUR)	2021 (EUR)	2022 (EUR)	2023 (EUR)
Assets
Cash And Equivalents	2.88B	3.5B	4.19B	3.04B	4.05B
Accounts Receivable, Total	87.27M	101M	142M	7.86M	4.79M
Other Receivables	1.34B	657M	745M	614M	442M
Gross Property Plant And Equipment	56.12M	55.83M	59.3M	58.73M	50.36M
Accumulated Depreciation	-22.76M	-25.77M	-28.88M	-30.43M	-23.26M
Net Property Plant And Equipment	33.36M	30.06M	30.42M	28.3M	27.09M
Goodwill	154M	154M	154M	154M	154M
Other Intangibles, Total	972K	454K	246K	98K	-
Investment In Debt and Equity Securities	447M	456M	481M	1.45B	1.15B
Trading Asset Securities, Total	68.24M	71.28M	99.48M	46.97M	67.66M
Restricted Cash	42.51M	42.34M	46.14M	51.11M	49.9M
Other Current Assets, Total	17.52M	5.48M	4.06M	1.74M	734K
Deferred Tax Assets Long-Term (Collected)	-	-	3.07M	1.47M	-
Other Long-Term Assets, Total	-	-	-	-	-
Total Assets	5.07B	5.01B	5.9B	5.4B	5.95B
Liabilities
Accounts Payable, Total	5.14M	2.49M	13.2M	3.77M	9.2M
Accrued Expenses, Total	13.88M	16.21M	26.82M	11.01M	14.43M
Short-Term Borrowings	63.37M	153M	645M	540M	1.26B
Long-Term Leases	3.82M	2.46M	4.47M	3.06M	2.43M
Current Income Taxes Payable	26K	91K	1.35M	320K	-
Deferred Tax Liability Current	94K	75K	65K	-	-
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	4.52B	4.32B	4.65B	4.28B	4.1B
Deferred Tax Liability Non-Current	32.21M	37.33M	38.22M	38.6M	38.9M
Other Non Current Liabilities	5.77M	5.16M	4.74M	7.4M	4.26M
Total Liabilities	4.65B	4.54B	5.39B	4.88B	5.43B
Common Stock, Total	6.68M	6.68M	6.68M	6.68M	6.68M
Additional Paid In Capital	340M	340M	353M	353M	353M
Retained Earnings	72.8M	131M	153M	156M	157M
Treasury Stock	-	-	-	-	-
Comprehensive Income and Other	-	-	118K	208K	356K
Total Common Equity	420M	478M	513M	516M	518M
Minority Interest	-	-	-	-	-
Total Equity	420M	478M	513M	516M	518M
Total Liabilities And Equity	5.07B	5.01B	5.9B	5.4B	5.95B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	66.81M	66.81M	66.81M	66.81M	66.81M
ECS Total Common Shares Outstanding	66.81M	66.81M	66.81M	66.81M	66.81M
Book Value / Share	6.28	7.15	7.68	7.73	7.75
Tangible Book Value	265M	323M	359M	362M	364M
Tangible Book Value Per Share	3.96	4.84	5.37	5.42	5.45
Total Debt	67.19M	156M	650M	543M	1.26B
Net Debt	-2.88B	-3.41B	-3.64B	-2.55B	-2.86B
Equity Method Investments, Total	-	-	-	-	-
Full Time Employees	548	462	395	348	281

Fiscal Period: December	2019 (EUR)	2020 (EUR)	2021 (EUR)	2022 (EUR)	2023 (EUR)
Net Income	16.15M	66.19M	55.29M	30.51M	31.89M
Depreciation, Depletion & Amortization	5.6M	3.87M	3.5M	2.24M	1.62M
Amortization of Goodwill and Intangible Assets - (CF)	100K	-	-	-	-
Total Depreciation, Depletion & Amortization	5.7M	3.87M	3.5M	2.24M	1.62M
Amortization of Deferred Charges, Total	2.31M	571K	208K	148K	74K
(Gain) Loss on Sale of Investments - (CF)	2.28M	21.63M	-3.04M	4.78M	14.03M
Total Asset Writedown	-	-	-	-	-
Restructuring Activities	7.5M	-5.67M	8.2M	-4.34M	-5.7M
Provision for Credit Losses	-170K	49K	-234K	-388K	-515K
(Income) Loss On Equity Investments - (CF)	-	-	-	-	-
Change in Trading Asset Securities	-1.74M	15.3M	-	-	-
Change In Income Taxes	105M	29.31M	11.34M	-93.8M	27.38M
Change in Other Net Operating Assets (Collected)	1.55B	476M	620M	-1.06B	961M
Other Operating Activities	4.28M	24.1M	-2.02M	1.67M	11.84M
Cash from Operations	1.7B	631M	693M	-1.12B	1.04B
Capital Expenditure	-584K	-1.29M	-675K	-	-899K
Sale of Property, Plant, and Equipment	-	465K	249K	568K	529K
Cash Acquisitions	-	-	-	-	-
Divestitures	-	-	-	-	-
Purchase / Sale of Intangible Assets	-32K	-53K	-	-	24K
Investment in Marketable and Equity Securities, Total	-	-	-	-	-
Cash from Investing	-616K	-881K	-426K	568K	-346K
Long-Term Debt Repaid, Total	-1.26M	-1.1M	-7.13M	-2.11M	-666K
Total Debt Repaid	-1.26M	-1.1M	-7.13M	-2.11M	-666K
Issuance of Common Stock	-	-	13.24M	-	-
Repurchase of Common Stock	-	-	-	-	-
Common Dividends Paid	-	-	-	-27.64M	-30.51M
Common & Preferred Stock Dividends Paid	-	-	-	-27.64M	-30.51M
Other Financing Activities, Total	-	-	-	-	-
Cash from Financing	-1.26M	-1.1M	6.11M	-29.76M	-31.17M
Foreign Exchange Rate Adjustments	-243K	-14.82M	1.82M	1.03M	-5.53M
Net Change in Cash	1.69B	614M	701M	-1.14B	1B
Supplemental Items
Cash Interest Paid	12.43M	18.87M	28.12M	14.85M	108M
Cash Income Tax Paid (Refund)	994K	22.11M	13.75M	22.69M	19.69M
Net Debt Issued / Repaid	-1.26M	-1.1M	-7.13M	-2.11M	-666K

Fiscal Period: December	2019 (EUR)	2020 (EUR)	2021 (EUR)	2022 (EUR)	2023 (EUR)
Profitability
Return on Assets	0.35	1.31	1.01	0.54	0.56
Return On Equity %	3.92	14.75	11.16	5.93	6.17
Return on Common Equity	3.92	14.75	11.16	5.93	6.17
Margin Analysis
Gross Profit Margin %	88.85	87.11	81.01	77.41	74.56
SG&A Margin	37.62	22.43	21.04	25.83	22.25
Income From Continuing Operations Margin %	10.37	31	23.8	18.93	18.27
Net Income Margin %	10.37	31	23.8	18.93	18.27
Net Avail. For Common Margin %	10.37	31	23.8	18.93	18.27
Normalized Net Income Margin	10.3	27.88	22.84	16.77	16.87
Asset Turnover
Asset Turnover	0.03	0.04	0.04	0.03	0.03
Short Term Liquidity
Current Ratio	0.96	0.97	0.98	0.78	0.86
Quick Ratio	0.95	0.96	0.97	0.77	0.85
Operating Cash Flow to Current Liabilities	0.37	0.14	0.13	-0.23	0.19
Long Term Solvency
Total Debt/Equity	16.01	32.58	126.56	105.21	243.52
Total Debt / Total Capital	13.8	24.57	55.86	51.27	70.89
LT Debt/Equity	0.91	0.51	0.87	0.59	0.47
Long-Term Debt / Total Capital	0.78	0.39	0.38	0.29	0.14
Total Liabilities / Total Assets	91.72	90.47	91.3	90.44	91.29
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-2.36	36.26	8.81	-30.63	8.29
Gross Profit, 1 Yr. Growth %	-3.15	33.48	1.19	-33.71	4.3
Earnings From Cont. Operations, 1 Yr. Growth %	-54.46	309.88	-16.47	-44.83	4.53
Net Income, 1 Yr. Growth %	-54.1	309.88	-16.47	-44.83	4.53
Normalized Net Income, 1 Yr. Growth %	-27.59	271.35	-10.84	-49.08	8.96
Diluted EPS Before Extra, 1 Yr. Growth %	-54.72	312.79	-16.47	-44.83	4.53
Common Equity, 1 Yr. Growth %	4	13.87	7.43	0.58	0.3
Total Assets, 1 Yr. Growth %	24.49	-1.09	17.67	-8.48	10.15
Tangible Book Value, 1 Yr. Growth %	7.53	22.17	11.04	0.86	0.45
Cash From Operations, 1 Yr. Growth %	1.4K	-62.78	9.85	-260.98	-193.32
Capital Expenditures, 1 Yr. Growth %	-68.23	121.4	-47.8	-	-
Dividend Per Share, 1 Yr. Growth %	-7.69	-	-	10.34	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-3.73	15.72	21.77	-13.12	-13.33
Gross Profit, 2 Yr. CAGR %	-3.65	14.12	16.22	-18.1	-16.85
Earnings From Cont. Operations, 2 Yr. CAGR %	37.66	36.62	85.04	-32.11	-24.06
Net Income, 2 Yr. CAGR %	34.16	37.16	85.04	-32.11	-24.06
Normalized Net Income, 2 Yr. CAGR %	69.1	63.98	81.96	-32.62	-25.52
Diluted EPS Before Extra, 2 Yr. CAGR %	33.35	36.72	85.69	-32.11	-24.06
Common Equity, 2 Yr. CAGR %	3.2	8.82	10.6	3.95	0.44
Total Assets, 2 Yr. CAGR %	13.65	10.97	7.88	3.78	0.4
Tangible Book Value, 2 Yr. CAGR %	5.9	14.62	16.47	5.83	0.66
Cash From Operations, 2 Yr. CAGR %	201.97	136.51	-36.06	32.98	22.56
Capital Expenditures, 2 Yr. CAGR %	-60.89	-16.13	7.51	-	15.41
Dividend Per Share, 2 Yr. CAGR %	-32.06	-	85.7	-	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-2.55	8.32	13.37	0.94	-6.5
Gross Profit, 3 Yr. CAGR %	-2.17	7.67	9.64	-3.61	-11.22
Earnings From Cont. Operations, 3 Yr. CAGR %	51.75	98.04	15.96	23.62	-21.61
Net Income, 3 Yr. CAGR %	52.71	94.68	16.27	23.62	-21.61
Normalized Net Income, 3 Yr. CAGR %	57.08	119.8	33.84	19.02	-20.91
Diluted EPS Before Extra, 3 Yr. CAGR %	52.94	94.35	16.01	23.91	-21.61
Common Equity, 3 Yr. CAGR %	1.98	6.64	8.36	7.15	2.72
Total Assets, 3 Yr. CAGR %	10.07	8.51	13.16	2.13	5.86
Tangible Book Value, 3 Yr. CAGR %	5.21	11.07	13.41	11.02	4.01
Cash From Operations, 3 Yr. CAGR %	95.6	50.28	83.16	-13.01	18.17
Capital Expenditures, 3 Yr. CAGR %	-46.56	-30.3	-28.39	-	-11.41
Dividend Per Share, 3 Yr. CAGR %	-19.5	-	47.1	56.12	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-4.14	1.87	6.67	-0.82	1.82
Gross Profit, 5 Yr. CAGR %	-3.55	1.79	4.96	-3.49	-1.84
Earnings From Cont. Operations, 5 Yr. CAGR %	-12.49	16.61	64.28	29.06	-2.1
Net Income, 5 Yr. CAGR %	-12.54	17.44	64.9	27.73	-1.95
Normalized Net Income, 5 Yr. CAGR %	-7.35	20.58	66.6	36.97	5.87
Diluted EPS Before Extra, 5 Yr. CAGR %	-11.8	18.63	65.28	27.61	-2.07
Common Equity, 5 Yr. CAGR %	-0.95	1.84	5.34	5.55	5.12
Total Assets, 5 Yr. CAGR %	8.88	7.85	9.19	6.59	7.87
Tangible Book Value, 5 Yr. CAGR %	3.17	5.65	9.58	8.94	8.13
Cash From Operations, 5 Yr. CAGR %	66.69	22.95	25.06	43.1	55.97
Capital Expenditures, 5 Yr. CAGR %	-30	15.21	-29.32	-	-13.33
Dividend Per Share, 5 Yr. CAGR %	-21.79	-	12.46	11.92	-