Van Lanschot Kempen: net profit rises 11% to €157.4 million with strong net AuM inflows of €7.9 billion

26 Feb 2026 07:00 CET

Highlights

• Continued momentum on strong net AuM inflows: Private Clients Netherlands €1.6 billion, Private Clients Belgium €1.9 billion and Investment Management Clients €4.4 billion
• 7% increase in client assets to €180.0 billion and AuM 6% higher at €158.9 billion
• Net profit rose to €157.4 million (2024: €141.9 million), mainly due to 11% growth in commission income and disciplined cost control
• Proposed 2025 dividend of €3.00 per share (2024: €2.75 per share) and proposed capital return of €0.80 per share
• Solid “Basel IV fully loaded” CET1 ratio of 18.2% (2024: 19.3%); pro-forma CET1 ratio after proposed capital return: 17.5%
• Well on track to achieve 2027 financial targets 

Maarten Edixhoven, Chair of the Management Board, said: “In 2025, we delivered very strong results against a backdrop of geopolitical uncertainty, with profit increasing to €157.4 million. Current and new clients entrusted us with more of their wealth and client assets rose by 7% to €180 billion. Client satisfaction, a key gauge of our success, remained high across private banking, investment management and investment banking. 

“Within private banking, we’re seeing ever greater demand from families seeking advice as they prepare for a transfer of wealth to the next generation. Research we carried out with Campden Wealth revealed that over half of all family offices in the Benelux region expect the next generation to take over at the helm of the family company within the next decade. A large majority of family offices is active in philanthropy and impact investing, a development we see more broadly among our clients. It’s precisely at times of major personal and financial impact that our clients experience the added value of our specialist teams helping them to achieve their long-term goals. Our growth momentum stayed robust and bolstered our position in the market. In the Netherlands, assets under management (AuM) grew by 10% and Belgium showed an impressive 16% increase, albeit from a smaller base. To help us provide an unchanged high level of personal service, we welcomed new colleagues and also expanded our local presence. 

“Private banking clients are increasingly moving into private market investments. This resulted in growth for our private equity products, with commitments from clients in the Netherlands, Belgium and Switzerland of over €540 million to put into our newly launched private equity funds. We’re also noting growth among institutional clients, with multiple pension funds in the Netherlands and the United Kingdom having selected us as their fiduciary manager. For our liquid investment strategies, 2025 was a challenging year, chiefly because of outflows from our small-cap investment strategies. 

“Through strategic partnerships we add scale, innovation and additional expertise to our services. We choose partners that are a good fit in terms of culture and shared long-term focus. In 2025, we embarked on a partnership with State Street Investment Management to strengthen our investment solutions, including through active ETFs, and early in 2026 we announced our intention to team up with KBC Securities in a 50/50 joint venture to combine our investment banks’ specialist equities activities. This combination will form a leading equities broker in the Benelux region and a pan-European specialist in real estate and life sciences. 

“We are further supporting our growth and personal service by investing in digitalisation and AI, focusing on specific applications to improve the client experience, tools for analysing investments and more efficient administrative processes. A great deal of attention was also paid to training our people to apply AI in a responsible and productive way. 

“In 2026, we’ll stay focused on implementing our ‘Growing further together’ strategy and will continue to invest in digital acceleration and scalable growth, always in the service of our personal offering. In these volatile times, which call for resilience and agility, we’re staying close to our clients. I’d like to thank all our colleagues for their engagement and commitment, and our clients for their trust.” 

Performance report, presentation and webcast 

For a detailed discussion of Van Lanschot Kempen’s results and balance sheet, please see our performance report and presentation on the 2025 full-year results in the Financial results section. In a conference call on 26 February at 9:00 am CET, we will discuss our 2025 full-year results in greater detail. This can be viewed live at Financial results and played back later. 

Financial calendar 

9 April 2026 - Extraordinary general meeting (EGM) 
7 May 2026 - Publication of first-quarter 2026 trading update 
21 May 2026 - Annual general meeting (AGM) 
25 May 2026 - Ex-dividend date 
3 June 2026 - 2025 dividend payment date 
23 June 2026 - Ex-capital return date 
25 June 2026 - Capital return payment date 
27 August 2026 - Publication of 2026 half-year results 
30 October 2026 - Publication of third-quarter 2026 trading update 
 

Please find the full press release under the ‘Download’ section for more information.