Coop Pank AS strategic objectives until 2030

Core Insights - Coop Pank AS has set strategic objectives through 2030, focusing on rapid growth in the Estonian market, increasing profitability, and distributing 25% of annual profit as dividends to shareholders [1][8] Strategic Foundation - The bank aims to provide fast and innovative services to both private and corporate customers, continuing its strategic cooperation with Coop retail to enhance customer benefits and service convenience [2] Expansion into Investment Services - Coop Pank plans to broaden its service offerings by entering the investment products segment, with preparations to launch these services starting in 2026 [3] Strategic Financial Targets for 2030 - The bank targets a loan portfolio market share of 10% by the end of 2030, intending to grow at a rate 2–3 times faster than the overall market, primarily through corporate and home loans, along with leasing and consumer finance [4][12] - Coop Pank aims to double its net profit to at least EUR 60 million by 2030, supporting stable and attractive returns for shareholders [5] - The bank seeks to maintain a long-term average return on equity (ROE) of at least 15%, ensuring efficient capital use and attractive returns for shareholders [6] - A cost-to-income ratio (CIR) below 45% is targeted, reflecting strong performance in the Baltic banking sector and supporting sustainable growth [7] Dividend Policy - Coop Pank will maintain its existing dividend policy, distributing 25% of pre-tax profit to shareholders, ensuring stable cash flow for investors [8] Management Commentary - The Chairman of the Management Board emphasizes the responsibility to grow investor assets and the importance of customer-centric services as a competitive advantage [9] - The bank has nearly tripled its customer base and loan portfolio over the past five years, with a net profit increase of almost fourfold, indicating strong growth potential in the Estonian banking sector [10][11]