Key figures and financial targets

United Bankers is aiming to increase its business and earnings, thus increasing the value of the company in the long term. The company’s key figures are shown in the table below. The company's shares are listed on Nasdaq Helsinki main market.

United Bankers Plc Key Figures	2023	2022	2021	2020	2019
Revenue, MEUR	52,1	48,6	43,8	34,4	32,5
Adjusted EBITDA, MEUR	19,1	18,5	16,3	10,3	7,7
Adjusted Operating Profit, MEUR	16,9	16,6	14,4	8,6	6,7
Operating Profit, MEUR	17,0	16,5	14,3	8,4	5,9
Return on Equity, % (ROE)	27,8	27,9	26,9	17,1	13,1
Return on Assets, % (ROA)	18,7	17,2	16,4	10,8	7,7
Equity Ratio, %	67,7	67,1	56,7	66,9	59,5
Personnel (year end)*	160	148	137	129	135
Dividend per Share, EUR	1,00	0,90	0,80	0,51	0,43

* United Bankers reports the number of personnel converted in full-time employees (FTE).

** The Board of Directors’ proposal concerning distribution of funds for the 2023 financial period: a dividend of EUR 0,50 and an equity repayment of EUR 0,50.

Financial targets

United Bankers aims at profitable growth in its two business areas: asset management business and capital markets services. The objective is to increase revenue through both organic growth and potential acquisitions. Growth is also sought by expanding business to other Nordic countries. Financially, the company aims to achieve a positive earnings trend and thereby increase shareholder value.

United Bankers’ financial objectives by 2028 are:

to grow its assets under management to above EUR 10 billion
to increase its adjusted operating profit margin above 40 per cent

Furthermore, the company aims to distribute an annual dividend of at least 70 per cent of the earnings per share or cash flow per share, considering the company's financial situation and strategy.