By Helgi Library - November 29, 2018
Bank Of Moscow's mortgage loans reached RUB 69.0 bil in 2014, up 44.2% compared to the previous year. Russian banking sector pr...
By Helgi Library - November 29, 2018
Bank Of Moscow's mortgage loans reached RUB 69.0 bil in 2014, up 44.2% compared to the previous year. Russian banking sector pr...
By Helgi Library - September 5, 2018
Bank Of Moscow's customer loans reached RUB 1,096 bil in 2014, up 20.6% compared to the previous year. Russian banking sector p...
| Profit Statement | 2012 | 2013 | 2014 | |
| Net Interest Income | RUB bil | 39.5 | 59.8 | 62.4 |
| Net Fee Income | RUB bil | 6.31 | 8.29 | 12.1 |
| Other Income | RUB bil | 19.9 | 27.9 | 22.1 |
| Total Revenues | RUB bil | 65.7 | 96.0 | 96.6 |
| Staff Cost | RUB bil | 13.7 | 18.4 | 22.3 |
| Operating Profit | RUB bil | 24.7 | 38.2 | 38.7 |
| Provisions | RUB bil | -15.0 | -7.13 | 37.6 |
| Net Profit | RUB bil | 28.4 | 37.7 | 2.30 |
| Balance Sheet | 2012 | 2013 | 2014 | |
| Interbank Loans | RUB bil | 168 | 163 | 509 |
| Customer Loans | RUB bil | 650 | 909 | 1,096 |
| Total Assets | RUB bil | 1,293 | 1,629 | 2,129 |
| Shareholders' Equity | RUB bil | 189 | 216 | 188 |
| Interbank Borrowing | RUB bil | 366 | 477 | 950 |
| Customer Deposits | RUB bil | 464 | 616 | 632 |
| Issued Debt Securities | RUB bil | 220 | 229 | 169 |
| Ratios | 2012 | 2013 | 2014 | |
| ROE | % | 16.1 | 18.6 | 1.14 |
| ROA | % | 2.41 | 2.58 | 0.122 |
| Costs (As % Of Assets) | % | 3.48 | 3.95 | 3.08 |
| Costs (As % Of Income) | % | 62.4 | 60.2 | 59.9 |
| Capital Adequacy Ratio | % | 14.0 | 13.1 | 10.2 |
| Net Interest Margin | % | 3.36 | 4.09 | 3.32 |
| Loans (As % Of Deposits) | % | 140 | 148 | 174 |
| NPLs (As % Of Loans) | % | 4.34 | 2.27 | 2.87 |
| Provisions (As % Of NPLs) | % | 595 | 836 | 710 |
| Valuation | 2012 | 2013 | 2014 | |
| Price/Earnings (P/E) | ... | 5,383 | 98,632 | |
| Price/Book Value (P/BV) | ... | 940 | 1,209 | |
| Earnings Per Share (EPS) | RUB | ... | 0.139 | 0.008 |
| Book Value Per Share | RUB | ... | 0.795 | 0.690 |
Get all company financials in excel:
| summary | Unit | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 |
| income statement | ||||||||||
| Net Interest Income | RUB bil | 28.4 | 31.3 | 39.6 | 23.8 | 39.5 | ||||
| Total Revenues | RUB bil | 34.4 | 49.8 | 54.1 | 189 | 65.7 | ||||
| Operating Profit | RUB bil | 11.4 | 32.2 | 19.3 | 144 | 24.7 | ||||
| Net Profit | RUB bil | 6.98 | 0.717 | -69.8 | 24.6 | 28.4 | ||||
| balance sheet | ||||||||||
| Interbank Loans | RUB bil | 74.3 | 50.7 | 79.5 | 159 | 168 | ||||
| Customer Loans | RUB bil | 517 | 558 | 506 | 534 | 650 | ||||
| Debt Securities | RUB bil | 51.0 | 114 | 147 | 255 | 343 | ||||
| Total Assets | RUB bil | 801 | 825 | 849 | 1,060 | 1,293 | ||||
| Shareholders' Equity | RUB bil | 67.7 | 84.5 | 37.0 | 163 | 189 | ||||
| Interbank Borrowing | RUB bil | 215 | 212 | 145 | 44.0 | 366 | ||||
| Customer Deposits | RUB bil | 407 | 428 | 543 | 419 | 464 | ||||
| Issued Debt Securities | RUB bil | 91.7 | 92.2 | 115 | 414 | 220 | ||||
| ratios | ||||||||||
| ROE | % | 12.0 | 0.943 | -115 | 24.6 | 16.1 | ||||
| ROA | % | 1.05 | 0.088 | -8.33 | 2.58 | 2.41 | ||||
| Costs (As % Of Assets) | % | 3.47 | 2.17 | 4.16 | 4.71 | 3.48 | ||||
| Costs (As % Of Income) | % | 67.0 | 35.4 | 64.4 | 23.8 | 62.4 | ||||
| Capital Adequacy Ratio | % | 13.9 | 18.2 | 8.10 | 33.6 | 14.0 | ||||
| Net Interest Margin | % | 4.27 | 3.85 | 4.73 | 2.49 | 3.36 | ||||
| Interest Income (As % Of Revenues) | % | 82.4 | 62.8 | 73.2 | 12.6 | 60.2 | ||||
| Fee Income (As % Of Revenues) | % | 4.24 | 11.0 | 10.1 | 3.12 | 9.60 | ||||
| Staff Cost (As % Of Total Cost) | % | 34.4 | 42.1 | 27.2 | 22.2 | 33.4 | ||||
| Equity (As % Of Assets) | % | 8.44 | 10.2 | 4.35 | 15.4 | 14.6 | ||||
| Loans (As % Of Deposits) | % | 127 | 130 | 93.1 | 127 | 140 | ||||
| Loans (As % Assets) | % | 64.5 | 67.6 | 59.5 | 50.4 | 50.3 | ||||
| NPLs (As % Of Loans) | % | 15.6 | 14.3 | 21.9 | 5.45 | 4.34 | ||||
| Provisions (As % Of NPLs) | % | ... | ... | ... | 50.3 | 104 | 594 | 595 | ||
| valuation | ||||||||||
| Market Capitalisation (End Of Period) | USD mil | ... | ... | ... | ... | ... | ... | ... | ||
| Number Of Shares (Average) | mil | ... | ... | ... | ... | ... | ... | ... | ||
| Share Price (End Of Period) | RUB | ... | ... | ... | ... | ... | ... | ... | ||
| Earnings Per Share (EPS) | RUB | ... | ... | ... | ... | ... | ... | ... | ||
| Book Value Per Share | RUB | ... | ... | ... | ... | ... | ... | ... | ||
| Price/Earnings (P/E) | ... | ... | ... | ... | ... | ... | ... | |||
| Price/Book Value (P/BV) | ... | ... | ... | ... | ... | ... | ... | |||
| Earnings Per Share Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | |
| Book Value Per Share Growth | % | ... | 48.8 | 10.2 | 26.7 | -39.9 | 65.9 |
| income statement | Unit | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 |
| income statement | ||||||||||
| Interest Income | RUB bil | 61.6 | 82.3 | 77.2 | 58.9 | 90.1 | ||||
| Interest Cost | RUB bil | 33.2 | 51.0 | 37.6 | 35.1 | 50.6 | ||||
| Net Interest Income | RUB bil | 28.4 | 31.3 | 39.6 | 23.8 | 39.5 | ||||
| Net Fee Income | RUB bil | 1.46 | 5.48 | 5.46 | 5.89 | 6.31 | ||||
| Other Income | RUB bil | 4.60 | 13.0 | 9.06 | 159 | 19.9 | ||||
| Total Revenues | RUB bil | 34.4 | 49.8 | 54.1 | 189 | 65.7 | ||||
| Staff Cost | RUB bil | 7.94 | 7.43 | 9.50 | 9.98 | 13.7 | ||||
| Depreciation | RUB bil | 0.687 | 0.848 | 1.95 | 1.99 | 2.43 | ||||
| Other Cost | RUB bil | 14.5 | 9.36 | 23.4 | 33.0 | 24.9 | ||||
| Operating Cost | RUB bil | 23.1 | 17.6 | 34.9 | 45.0 | 41.0 | ||||
| Operating Profit | RUB bil | 11.4 | 32.2 | 19.3 | 144 | 24.7 | ||||
| Provisions | RUB bil | 8.97 | 30.8 | 106 | 121 | -15.0 | ||||
| Extra and Other Cost | RUB bil | -5.85 | 0.159 | -0.962 | -8.58 | 4.89 | ||||
| Pre-Tax Profit | RUB bil | 8.25 | 1.25 | -85.3 | 31.4 | 34.9 | ||||
| Tax | RUB bil | 1.27 | 0.535 | -15.5 | 6.81 | 6.57 | ||||
| Minorities | RUB bil | 0 | 0 | < 0.001 | < 0.001 | -0.065 | ||||
| Net Profit | RUB bil | 6.98 | 0.717 | -69.8 | 24.6 | 28.4 | ||||
| growth rates | ||||||||||
| Net Interest Income Growth | % | ... | 48.8 | 10.2 | 26.7 | -39.9 | 65.9 | |||
| Net Fee Income Growth | % | ... | -66.0 | 275 | -0.374 | 7.84 | 7.12 | |||
| Total Revenue Growth | % | ... | 23.7 | 44.6 | 8.73 | 248 | -65.1 | |||
| Operating Cost Growth | % | ... | 64.5 | -23.6 | 97.7 | 28.9 | -8.86 | |||
| Operating Profit Growth | % | ... | -17.8 | 183 | -40.0 | 645 | -82.8 | |||
| Pre-Tax Profit Growth | % | ... | -37.5 | -84.8 | -6,910 | -137 | 11.0 | |||
| Net Profit Growth | % | ... | -21.5 | -89.7 | -9,828 | -135 | 15.3 | |||
| market share | ||||||||||
| Market Share in Revenues | % | 1.32 | 1.79 | 2.15 | 5.41 | 1.66 | ||||
| Market Share in Net Profit | % | 1.69 | 0.603 | ... | 3.63 | 3.59 | ||||
| Market Share in Employees | % | ... | ... | ... | ... | ... | ... | ... | ... |
| balance sheet | Unit | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 |
| balance sheet | ||||||||||
| Cash | RUB bil | 134 | 79.9 | 77.1 | 72.6 | 77.2 | ||||
| Interbank Loans | RUB bil | 74.3 | 50.7 | 79.5 | 159 | 168 | ||||
| Customer Loans | RUB bil | 517 | 558 | 506 | 534 | 650 | ||||
| Retail Loans | RUB bil | 88.1 | 70.7 | 66.4 | 65.3 | 89.5 | ||||
| Mortgage Loans | RUB bil | 30.9 | 27.5 | 26.3 | 21.5 | 19.6 | ||||
| Consumer Loans | RUB bil | 57.1 | 43.2 | 40.1 | 43.9 | 69.9 | ||||
| Corporate Loans | RUB bil | 410 | 513 | 575 | 714 | 780 | ||||
| Debt Securities | RUB bil | 51.0 | 114 | 147 | 255 | 343 | ||||
| Fixed Assets | RUB bil | 19.3 | 17.3 | 16.0 | 20.5 | 33.9 | ||||
| Total Assets | RUB bil | 801 | 825 | 849 | 1,060 | 1,293 | ||||
| Shareholders' Equity | RUB bil | 67.7 | 84.5 | 37.0 | 163 | 189 | ||||
| Of Which Minority Interest | RUB bil | 0.326 | 0.245 | 0.429 | 0.244 | 0.157 | ||||
| Liabilities | RUB bil | 734 | 741 | 813 | 897 | 1,104 | ||||
| Interbank Borrowing | RUB bil | 215 | 212 | 145 | 44.0 | 366 | ||||
| Customer Deposits | RUB bil | 407 | 428 | 543 | 419 | 464 | ||||
| Retail Deposits | RUB bil | 151 | 177 | 182 | 163 | 184 | ||||
| Corporate Deposits | RUB bil | 161 | 184 | 220 | 194 | 148 | ||||
| Issued Debt Securities | RUB bil | 91.7 | 92.2 | 115 | 414 | 220 | ||||
| Other Liabilities | RUB bil | 20.6 | 8.88 | 8.91 | 20.9 | 53.3 | ||||
| asset quality | ||||||||||
| Non-Performing Loans | RUB bil | 80.7 | 86.0 | 143 | 43.0 | 38.1 | ||||
| Gross Loans | RUB bil | 517 | 601 | 654 | 789 | 877 | ||||
| Total Provisions | RUB bil | ... | ... | ... | 43.3 | 149 | 255 | 227 | ||
| growth rates | ||||||||||
| Customer Loan Growth | % | ... | 46.9 | 8.05 | -9.40 | 5.54 | 21.8 | |||
| Retail Loan Growth | % | ... | 154 | -19.8 | -6.03 | -1.62 | 37.0 | |||
| Mortgage Loan Growth | % | ... | 78.5 | -11.2 | -4.33 | -18.4 | -8.90 | |||
| Consumer Loan Growth | % | ... | 230 | -24.4 | -7.12 | 9.35 | 59.4 | |||
| Corporate Loan Growth | % | ... | 46.9 | 25.2 | 12.0 | 24.4 | 9.13 | |||
| Total Asset Growth | % | ... | 51.8 | 2.97 | 2.94 | 24.8 | 22.0 | |||
| Shareholders' Equity Growth | % | ... | 39.2 | 24.9 | -56.3 | 341 | 16.0 | |||
| Customer Deposit Growth | % | ... | 15.9 | 5.29 | 26.9 | -22.9 | 10.8 | |||
| Retail Deposit Growth | % | ... | 19.4 | 17.4 | 2.34 | -10.3 | 13.1 | |||
| Corporate Deposit Growth | % | ... | 28.5 | 14.4 | 19.3 | -11.6 | -23.9 | |||
| market share | ||||||||||
| Market Share in Customer Loans | % | 3.13 | 3.46 | 2.61 | 2.15 | 2.17 | ||||
| Market Share in Corporate Loans | % | ... | ... | ... | ... | 4.37 | 4.40 | 4.19 | ||
| Market Share in Retail Loans | % | ... | ... | 1.95 | 1.69 | 1.36 | 1.08 | 1.22 | ||
| Market Share in Consumer Loans | % | 2.20 | 1.98 | 1.63 | 1.18 | 1.16 | ||||
| Market Share in Mortgage Loans | % | ... | ... | 2.89 | 2.72 | 2.33 | 1.45 | 0.979 | ||
| Market Share in Total Assets | % | 2.99 | 3.04 | 2.71 | 2.72 | 2.77 | ||||
| Market Share in Customer Deposits | % | 4.36 | 3.70 | 3.88 | 2.38 | 2.26 | ||||
| Market Share in Retail Deposits | % | 2.59 | 2.40 | 1.87 | 1.39 | 1.29 | ||||
| Market Share in Corporate Deposits | % | 3.26 | 3.37 | 3.64 | 2.32 | 1.54 |
| ratios | Unit | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 |
| ratios | ||||||||||
| ROE | % | 12.0 | 0.943 | -115 | 24.6 | 16.1 | ||||
| ROA | % | 1.05 | 0.088 | -8.33 | 2.58 | 2.41 | ||||
| Costs (As % Of Assets) | % | 3.47 | 2.17 | 4.16 | 4.71 | 3.48 | ||||
| Costs (As % Of Income) | % | 67.0 | 35.4 | 64.4 | 23.8 | 62.4 | ||||
| Capital Adequacy Ratio | % | 13.9 | 18.2 | 8.10 | 33.6 | 14.0 | ||||
| Tier 1 Ratio | % | ... | ... | ... | ... | ... | ... | ... | ||
| Net Interest Margin | % | 4.27 | 3.85 | 4.73 | 2.49 | 3.36 | ||||
| Interest Spread | % | ... | 3.79 | 3.20 | 4.38 | 2.07 | 2.60 | |||
| Asset Yield | % | 9.27 | 10.1 | 9.22 | 6.17 | 7.66 | ||||
| Cost Of Liabilities | % | ... | 5.48 | 6.92 | 4.84 | 4.11 | 5.06 | |||
| Interest Income (As % Of Revenues) | % | 82.4 | 62.8 | 73.2 | 12.6 | 60.2 | ||||
| Fee Income (As % Of Revenues) | % | 4.24 | 11.0 | 10.1 | 3.12 | 9.60 | ||||
| Other Income (As % Of Revenues) | % | 13.4 | 26.2 | 16.7 | 84.2 | 30.2 | ||||
| Cost Per Employee | USD per month | 2.37 | 1.87 | 2.54 | 2.79 | 2.84 | ||||
| Cost Per Employee (Local Currency) | RUB per month | 58.9 | 59.4 | 77.2 | 82.0 | 88.1 | ||||
| Staff Cost (As % Of Total Cost) | % | 34.4 | 42.1 | 27.2 | 22.2 | 33.4 | ||||
| Equity (As % Of Assets) | % | 8.44 | 10.2 | 4.35 | 15.4 | 14.6 | ||||
| Loans (As % Of Deposits) | % | 127 | 130 | 93.1 | 127 | 140 | ||||
| Loans (As % Assets) | % | 64.5 | 67.6 | 59.5 | 50.4 | 50.3 | ||||
| NPLs (As % Of Loans) | % | 15.6 | 14.3 | 21.9 | 5.45 | 4.34 | ||||
| Provisions (As % Of NPLs) | % | ... | ... | ... | 50.3 | 104 | 594 | 595 | ||
| Provisions (As % Of Loans) | % | ... | ... | ... | 7.76 | 29.4 | 47.8 | 34.9 | ||
| Cost of Provisions (As % Of Loans) | % | 2.07 | 5.72 | 19.8 | 23.2 | -2.54 |
| other data | Unit | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 |
| other data | ||||||||||
| Employees | 11,233 | 10,420 | 10,258 | 10,139 | 12,926 |
Get all company financials in excel:
By Helgi Library - September 5, 2018
Bank Of Moscow's customer loans reached RUB 1,096 bil in 2014, up 20.6% compared to the previous year. Russian banking sector provided customer loans of RUB 45,448 bil in 2014, up 27.9% when compared to the last year. Bank Of Moscow accounted for 2.41% of...
By Helgi Library - November 29, 2018
Bank Of Moscow's retail deposits reached RUB 270 bil in 2014, up 18.7% compared to the previous year. Russian banking sector accepted retail deposits of RUB 18,553 bil in 2014, up 9.41% when compared to the last year. Bank Of Moscow accounted for 1.45% of...
By Helgi Library - November 29, 2018
Bank Of Moscow's retail deposits reached RUB 270 bil in 2014, up 18.7% compared to the previous year. Russian banking sector accepted retail deposits of RUB 18,553 bil in 2014, up 9.41% when compared to the last year. Bank Of Moscow accounted for 1.45% of...
By Helgi Library - February 22, 2018
Bank Of Moscow's non-performing loans reached 2.87% of total loans at the end of 2014, up from 2.27% compared to the previous year. Historically, the NPL ratio hit an all time high of 21.9% in 2010 and an all time low of 2.27% in 2013. Provision coverage am...
By Helgi Library - February 22, 2018
Bank Of Moscow's non-performing loans reached 2.87% of total loans at the end of 2014, up from 2.27% compared to the previous year. Historically, the NPL ratio hit an all time high of 21.9% in 2010 and an all time low of 2.27% in 2013. Provision coverage am...
By Helgi Library - September 5, 2018
Bank Of Moscow's customer deposits reached RUB 632 bil in 2014, up 2.63% compared to the previous year. Russian banking sector accepted customer deposits of RUB 31,430 bil in 2014, up 31.9% when compared to the last year. Bank Of Moscow accounted for 2.01...
By Helgi Library - September 5, 2018
Bank Of Moscow's customer deposits reached RUB 632 bil in 2014, up 2.63% compared to the previous year. Russian banking sector accepted customer deposits of RUB 31,430 bil in 2014, up 31.9% when compared to the last year. Bank Of Moscow accounted for 2.01...
By Helgi Library - November 29, 2018
Bank Of Moscow's consumer loans reached RUB 159 bil in 2014, up 38.9% compared to the previous year. Russian banking sector provided consumer loans of RUB 7,801 bil in 2014, up 6.74% when compared to the last year. Bank Of Moscow accounted for 2.14% of al...
By Helgi Library - November 29, 2018
Bank Of Moscow's consumer loans reached RUB 159 bil in 2014, up 38.9% compared to the previous year. Russian banking sector provided consumer loans of RUB 7,801 bil in 2014, up 6.74% when compared to the last year. Bank Of Moscow accounted for 2.14% of al...
By Helgi Library - March 6, 2018
Bank Of Moscow's loans reached RUB 1,377 bil in the 2014, up from RUB 1,122 bil compared to the previous year. Historically, the bank’s loans reached an all time high of RUB 1,377 bil in 2014 and an all time low of RUB 352 bil in 2007. In the last decad...
The Bank Of Moscow is the 5th largest commercial bank in Russia. The Bank offers its financial services to more than 120,000 corporate and over 9 million retail clients. The products and services include bank accounts, debit & credit cards, currency exchange, deposit boxes, lending and investment services among others. The Bank has a network of 281 offices with more than 18,000 persons and covers all major Russian centers from St. Petersburg in the West to Vladivostok in the East. In 2011, following a hostile takeover by VTB Bank, USD 9 bil in fraudulent loans were discovered, and the bank received an unprecedented USD 14 bil bailout. The Bank was founded in 1992 and is based in Moscow, the Russian Federation.
Bank Of Moscow has been growing its revenues and asset by 14.2% and 20.9% a year on average in the last 5 years. Its loans and deposits have grown by 14.5% and 8.10% a year during that time and loans to deposits ratio reached 174% at the end of 2014. The company achieved an average return on equity of -10.9% in the last five years with net profit growing 26.3% a year on average. In terms of operating efficiency, its cost to income ratio reached 59.9% in 2014, compared to 54.1% average in the last five years.
Equity represented 8.81% of total assets or 17.1% of loans at the end of 2014. Bank Of Moscow's non-performing loans were 2.87% of total loans while provisions covered some 710% of NPLs at the end of 2014.
Bank Of Moscow stock traded at RUB 835 per share at the end of 2014 resulting in a market capitalization of USD 3,735 mil. Over the previous three years, stock price rose by 0% or 0% a year on average. That’s compared to an average ROE of 12.0% the bank generated for its shareholders. This closing price put stock at a 12-month trailing price to earnings (PE) of 98,632x and price to book value (PBV) of 1,209x in 2014.
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