Basic and diluted earnings per share
Gives an idea of the amount of profit over a certain period that is attributable to one share (and, where applicable, including dilutive instruments).
A: Result after tax, attributable to equity holders of the parent
B: Coupon is paid on the additional tier-1 instruments included in equity
C: Average number of ordinary shares (plus dilutive options) less treasury shares
(A-B)/C
Combined ratio (non-life insurance)
The technical profitability of the short-term non-life insurance business, more particularly the extent to which insurance premiums adequately cover claim payments and expenses.
A: Non-life premium allocation approach (PAA): claims and claim-related costs net of reinsurance
B: Costs other than claims and commissions
C: Non-life PAA: net earned expected premiums received
(A+B)/C
Common equity ratio
A risk-weighted measure of the group's solvency, based on common equity tier-1 capital.
A: Common equity tier-1 capital
B: Total weighted risks
A/B
Cost/income ratio excluding bank and insurance tax
The relative cost efficiency (costs relative to income excluding bank and insurance tax) of the group.
A: Total operating expenses excl. bank and insurance tax
B: Insurance commissions paid
C: Total income
(A+B)/C
Cost/income ratio including bank and insurance tax but excluding exceptional or non-operating items
Where relevant, we also include bank and insurance tax but exclude exceptional or non-operating items when calculating the cost/income ratio. This calculation aims to give a better idea of the relative cost efficiency of the pure business activities.
A: Total operating expenses excl. bank and insurance tax
B: Bank and insurance tax
C: Insurance commissions paid
D: Exceptional and/or non-operational costs
E: Total income
F: Exceptional and/or non-operational income
(A+B+C-D)/(E-F)
Coverage ratio
The proportion of impaired loans covered by stage 3 impairment charges. Where appropriate, the numerator and denominator may be limited to impaired loans that are more than 90 days past due.
A: Stage 3 impairment on loans
B: Impaired loans
A/B
Credit cost ratio
Loan impairment charges for a specific period, relative to the total loan portfolio (see ‘Loan portfolio’ for definition). In the longer term, this ratio can provide an indication of the credit quality of the portfolio.
A: Net changes in loan loss impairment charges
B: Average outstanding loan portfolio
A/B
Impaired loans ratio
The proportion of impaired loans in the loan portfolio (see ‘Loan portfolio’ for definition), thus reflecting the creditworthiness of the portfolio. Impaired loans are loans where it is unlikely that the full contractual principal and interest will be repaid/paid (KBC default status of PD 10, PD 11 or PD 12). The numerator in the formula may be limited to impaired loans that are more than 90 days past due (PD 11 + PD 12).
A: Impaired loans
B: Total loan portfolio
A/B
Liquidity coverage ratio (LCR)
The bank’s liquidity position in the short term, more specifically the extent to which the group is able to overcome liquidity difficulties over a one-month period. It is the average of 12 end-of-month LCR figures.
A: Stock of high-quality liquid assets
B: Total net cash outflows over the next 30 calendar days
A/B
Loan portfolio
Gives an idea of the magnitude of (what are mainly traditional) lending activities.
A: Loans and advances to customers
B: Reverse repos (not with central banks)
C: Debt instruments issued by corporates and by credit institutions and investment firms (banking)
D: Other exposures to credit institutions
E: Financial guarantees granted to clients and other commitments
F: Impairment on loans
G: Insurance entities (-)
H: Non-loan-related receivables (-)
I: Other
A+B+C+D+E+F+H+G+H+I
Market capitalisation
Stock market value of the KBC Group.
A: Closing price of KBC share
B: Number of shares
AxB
Net interest margin
The net interest income of the banking activities (one of the most important sources of revenue for the group) relative to the average total interest-bearing assets of the banking activities. The net interest income of the banking activities excludes dealing rooms and the net interest impact of ALM FX swaps and repos.
A: Net interest income of the banking activities
B: Average interest-bearing assets of the banking activities
A/B x 360/number of calendar days
Net stable funding ratio (NSFR)
The bank’s structural liquidity position in the long term, more specifically the extent to which the group is able to overcome liquidity difficulties over a one-year period.
A: Available amount of stable funding
B: Required amount of stable funding
A/B
Parent shareholders’ equity per share
The carrying value of a KBC share, i.e. the value in euros represented by each share in the parent shareholders’ equity of KBC.
A: Parent shareholders’ equity
B: Number of ordinary shares less treasury shares
A/B
Return on equity
The relative profitability of the group, more specifically the ratio of the net result to equity.
A: Result after tax, attributable to equity holders of the parent
B: Coupon on AT1 instruments
C: Average parent shareholders’ equity
(A-B)/C
Total assets under management
These consist of direct client money (Assets under Distribution for retail, private banking and institutional clients), group assets (including pension funds), funds-of-funds assets and assets under advisory management. They comprise assets managed by the group’s various asset management companies and assets under advisory management at KBC Bank. The size and development of total assets under management are major factors behind net fee and commission income (generating entry and management fees).
A: Direct client money (‘Assets under Distribution’)
B: Investment advice
C: Funds of funds
D: Group assets, including pension funds
A+B+C+D