All lines of activity tended broadly higher in 2021, with Net Commissions rising 26% to €108mn, Assets Under Management up 19% to €27.89bn and total number of clients rising 13% to over 114,000.
Both Return on Equity (21.6%) and CET1 Core Capital levels (14.7%) reinforce the bank’s standing as one of the most profitable and solvent in Spain. Renta 4 Banco approved a dividend for the year of 30c/share, after a year in which the bank’s share price appreciated more than 40%, topping €400mn in market cap for the first time.
Executive Chairman, Mr. Juan Carlos Ureta, sent a positive message regarding future growth, despite the challenges that the current climate poses, as Renta 4 Banco will look to add further products and client segments, and consolidate its position as Spain’s leading independent wealth manager and securities’ broker.
A copy of the full report and accompanying statement are available in the Financial Information segment of our websitewww.Renta4Banco.com/EN