VONTOBEL HOLDING AG Analyst Consensus FY2016 | ||
Consensus estimates | n = number of estimates | |
Group | FY2015 | 1H16 | 2H16 | FY2016 | n= | MIN | MAX |
Operating income (CHF mn) | 988.6 | 496.8 | 548.3 | 1045.1 | 10 | 981.1 | 1'085.4 |
Operating expense (CHF mn) | 764.7 | 367.1 | 388.2 | 755.3 | 10 | 727.6 | 784.6 |
çLï î~äì~íáçå ~ÇàKI éêçîáëáçåë C äçëëÉë E`ec ãåF | 3.1 | 4.9 | 2.8 | 7.7 | 9 | 3.1 | 22.5 |
Group net profit including minority interests (CHF mn) | 180.1 | 105.7 | 150.4 | 256.1 | 10 | 231.5 | 275.0 |
Group net profit excluding minority interests (CHF mn) | 177.2 | 103.3 | 150.0 | 253.3 | 10 | 231.3 | 272.0 |
Cost/Income | 77.0% | 72.9% | 70.3% | 71.5% | 10 | 67.9% | 77.4% |
AuM (CHF bn) | 136.3 | 127.8 | 139.1 | 139.1 | 10 | 129.8 | 147.1 |
NNM (CHF bn; total) | -8.7 | 1.0 | -7.7 | 8 | -12.6 | -5.9 | |
- NNM (CHF bn; 2016 excluding Quality Growth boutique) | 8.0 | 3.1 | 2.0 | 5.1 | 5 | 3.6 | 7.6 |
- NNM Quality Growth boutique (CHF bn; 2016) | -11.8 | -1.7 | -13.5 | 5 | -16.2 | -11.8 | |
EPS (CHF; basic) | 3.20 | 1.87 | 2.55 | 4.42 | 10 | 3.29 | 4.97 |
Dividend (CHF) | 1.85 | 1.94 | 10 | 1.85 | 2.20 | ||
Wealth Management (Private Banking & EAM business) | FY2015 | 1H16 | 2H16 | FY2016 | |||
Operating income (CHF mn) | 274.1 | 144.3 | 149.8 | 294.1 | 8 | 284.9 | 294.4 |
Profit before taxes (CHF mn) | 60.9 | 34.2 | 32.8 | 67.0 | 8 | 56.8 | 68.8 |
AuM (CHF bn) | 41.6 | 42.3 | 44.6 | 44.6 | 8 | 42.3 | 45.8 |
NNM (CHF bn) | 1.7 | 1.0 | 1.0 | 2.0 | 8 | 1.9 | 2.3 |
Gross margin (bp) | 69 | 69 | 67 | 68 | 7 | 67 | 70 |
Private Banking | |||||||
Operating income (CHF mn) | 233.2 | 122.6 | 128.3 | 250.9 | 10 | 242.9 | 286.5 |
Profit before taxes (CHF mn) | 46.1 | 26.6 | 25.1 | 51.7 | 10 | 48.0 | 62.0 |
AuM (CHF bn) | 34.2 | 35.0 | 37.1 | 37.1 | 10 | 35.0 | 43.9 |
NNM (CHF bn) | 1.3 | 0.9 | 0.8 | 1.7 | 10 | 1.3 | 2.0 |
Gross margin (bp) | 72 | 71 | 69 | 70 | 9 | 69 | 72 |
External Asset Managers (EAM) business | |||||||
Operating income (CHF mn) | 40.9 | 21.7 | 21.4 | 43.1 | 7 | 42.0 | 44.4 |
Profit before taxes (CHF mn) | 14.8 | 7.6 | 7.7 | 15.3 | 7 | 14.7 | 16.5 |
AuM (CHF bn) | 7.4 | 7.3 | 7.5 | 7.5 | 7 | 6.4 | 8.1 |
NNM (CHF bn) | 0.4 | 0.1 | 0.2 | 0.3 | 7 | 0.2 | 0.7 |
Gross margin (bp) | 57 | 59 | 57 | 58 | 7 | 55 | 59 |
Asset Management | FY2015 | 1H16 | 2H16 | FY2016 | |||
Operating income (CHF mn) | 453.9 | 210.6 | 212.83584 | 423.4 | 10 | 406.7 | 451.9 |
Profit before taxes (CHF mn) | 138.5 | 85.3 | 69.5398479 | 154.8 | 10 | 139.7 | 169.6 |
AuM (CHF bn) | 95.7 | 86.4 | 95.8 | 95.8 | 10 | 86.7 | 102.0 |
NNM Asset Managment (CHF bn; total) | -9.7 | 0.1 | -9.6 | 8 | -12.6 | -8.1 | |
- NNM (CHF bn; 2016 excluding Quality Growth boutique) | 7.9 | 2.1 | 1.4 | 3.5 | 5 | 1.9 | 5.0 |
- NNM Quality Growth boutique (CHF bn) | -11.8 | -1.7 | -13.5 | 5 | -16.2 | -11.8 | |
Gross margin (bp) | 51 | 46 | 45 | 46 | 10 | 44 | 47 |
Financial Products (Investment Banking excl. EAM business) | FY2015 | 1H16 | 2H16 | FY2016 | |||
Operating income (CHF mn) | 219.1 | 110.9 | 102.5 | 213.35 | 8 | 199.6 | 225.7 |
Profit before taxes (CHF mn) | 62.2 | 30.0 | 26.3 | 56.3 | 8 | 47.8 | 70.9 |
Corporate Center | FY2015 | 1H16 | 2H16 | FY2016 | |||
Operating income (CHF mn) | 41.5 | 31.0 | 94.1 | 125.1 | 9 | 61.7 | 159.0 |
Profit before taxes (CHF mn) | -37.7 | -19.8 | 55.5 | 35.7 | 9 | 7.1 | 61.0 |
Non recurring items 2H16 (CHF mn, after tax) | 1H16 | 2H16 | FY2016 | ||||
Integration of Vescore1 | -15.4 | -15.4 | 10 | -25.0 | -8.8 | ||
Sale of Helvetia stake1 | 91 | 91 | 10 | 91 | 91 | ||
1 Booked in Corporate Center | |||||||
vbbs0 - 25 January 2017 |
Vontobel Holding AG published this content on 25 January 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 25 January 2017 13:22:02 UTC.
Original documenthttps://www.vontobel.com/INT/Download/AssetStore/c9a29561-886a-48e3-b121-722026e9ff2d/17-01-25_Publication_Consensus_Collection_FY2016.pdf
Public permalinkhttp://www.publicnow.com/view/90509DA0B79C9714B57FC76C6F17E735F2CD1BD6
