Van Lanschot NV (formerly F. van Lanschot Bankiers NV)

Van Lanschot is an independent bank focused on private banking, asset management and merchant banking. Founded in 1737, Van Lanschot is the oldest independent bank in the Netherlands. Van Lanschot's private banking offers its products and services to a wide spectrum of clients: high-net-worth individuals, entrepreneurs and family businesses, business professionals and executives, healthcare professionals, foundations and associations.

Financials

Total Assets (2017)
14 658.88 mln EUR  (-1.47%)
Net Income (2017)
94.95 mln EUR  (+36.02%)

Van Lanschot NV is the 7th largest bank in the Netherlands in terms of total assets. In 2017 its total assets were 14 658,88 mln EUR. In 2017 the bank's net income was 94,95 mln EUR.

Van Lanschot NV is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is BBB+ (good credit quality).

Van Lanschot NV participates in deposit guarantee scheme of the Netherlands. This scheme covers accounts up to 100 000 EUR per bank per depositor.

Contacts

HG STEENWG 29, 5200 HC, `s-Hertogenbosch, Netherlands
1021

Van Lanschot NV is headquartered in `s-Hertogenbosch.

Bank Identifiers

BIC (SWIFT)
FVLBNL22
MFI ID
NL120

Financial Positions

Total Assets (2017)
14 658.88 mln EUR  (-1.47%)
Total Equity (2017)
1 332.86 mln EUR  (-1.56%)

In 2017 total assets of Van Lanschot NV were 14 658.88 mln EUR. Decline compared to the previous period (2016) was -1.47%. The evolution of the total assets of Van Lanschot NV is shown at Chart 1 below.

Total Assets of Van Lanschot NV.

Chart 1. Total Assets of Van Lanschot NV.

Profit and Loss

Net Income (2017)
94.95 mln EUR  (+36.02%)

Recent changes in gross profit of Van Lanschot NV and its main components are shown in Table 1.

2016 2017 % change
Interest Income 395.9 340.1 -14.10%
Interest Charges -186.1 -144.7 -22.25%
Net Interest Income 209.8 195.4 -6.88%
Commission Income 253.5 280.5 +10.68%
Commission Charges -9.8 -13.5 +38.29%
Net Commission Income 243.7 267.0 +9.57%
Net Income from Trading Operations -3.9 14.1
Table 1. Recent changes in gross profit of Van Lanschot NV (mln EUR).

In 2017 net income of Van Lanschot NV was 94.95 mln EUR. Growth compared to the previous period (2016) was 36.02%. The evolution of the net income of Van Lanschot NV is shown at Chart 2 below.

Net Income of Van Lanschot NV.

Chart 2. Net Income of Van Lanschot NV.

Market Share and Rank (among banks in the Netherlands)

Total Assets (2017)
7th

In 2017 Van Lanschot NV was ranked the 7th largest bank in the Netherlands in terms of total assets.

Several banks having the market shares and ranks closest to Van Lanschot NV are shown below.

RankNameTotal Assets
6 Nationale-Nederlanden Bank NV16069.92 mln EUR
7 Van Lanschot NV14658.88 mln EUR
8 Achmea Bank NV14199.36 mln EUR
 

Credit Ratings (as of May 2018)

Fitch Moody's
BBB+ (good credit quality) - (not rated)

Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government. Van Lanschot NV is rated by Fitch.

Credit ratings assigned to Van Lanschot NV as of May 2018 are shown in details in the following sections.

Fitch

Long-term issuer default rating is Fitch's view of a credit institution's relative vulnerability to default on its financial obligations, for Van Lanschot NV it is set to BBB+ (good credit quality), outlook is stable (not likely to change). The rating is not on watch. Short-term issuer default rating for Van Lanschot NV is set to F2 (good short-term credit quality).

Long-Term Issuer Default Rating  BBB+
    Outlook  stable
    On Watch  No
Short-Term Issuer Default Rating  F2
Viability Rating  bbb+
Support Rating  5
Support Rating Floor  NF

Viability rating for Van Lanschot NV is set to bbb+ (good fundamental credit quality); support rating is 5 (there is a possibility of external support, but it cannot be relied upon); support rating floor is NF (no floor; no reasonable presumption of potential support being forthcoming).

Deposit Guarantee

Deposit Guarantee
Yes (up to 100 000 EUR per depositor)

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All credit institutions operating in the Netherlands are obliged to participate in the Netherlands' deposit guarantee scheme.

In the case of Van Lanschot NV failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Eligible Depositors  private individuals, small companies
Covered Accounts  nearly every payment or savings account, current account or term deposit is covered
Maximum Protected Amount  100 000 EUR
Paid In Currency  EUR

Further Information

BIC

BIC (Business Identifier Code, also known as SWIFT code or SWIFT BIC) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.

A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).

BIC of Van Lanschot NV and its components are shown in the table below.

BIC  FVLBNL22
Bank BIC Code  FVLB
Country Code  NL (Netherlands)
Location Code  22
Branch Code  -

MFI ID

MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.

The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.

MFI ID of Van Lanschot NV is shown in the table below.

MFI ID  NL120

European Presence: 3 banks in 3 countries

Van Lanschot NV operates under the brand name Van Lanschot. This banking brand has presence in the following European countries and selected dependent territories of the European countries:

Belgium

Netherlands

  •  (this bank) Van Lanschot NV (`s-Hertogenbosch)

Switzerland

Defunct Banks: 1 bank in 1 country

The following banks operating under Van Lanschot brand name has been recently closed down:

Curacao