By Helgi Library - September 3, 2018
Bulgarian-American Credit Bank's customer loans reached BGN 801 mil in 2017, up 9.81% compared to the previous year. Bulgarian ...
By Helgi Library - September 3, 2018
Bulgarian-American Credit Bank's customer deposits reached BGN 1,060 mil in 2017, up 17.8% compared to the previous year. Bulga...
By Helgi Library - September 3, 2018
Bulgarian-American Credit Bank's customer loans reached BGN 801 mil in 2017, up 9.81% compared to the previous year. Bulgarian ...
| Profit Statement | 2015 | 2016 | 2017 | |
| Net Interest Income | BGN mil | 18.7 | 26.7 | 29.0 |
| Net Fee Income | BGN mil | 4.88 | 5.26 | 5.78 |
| Other Income | BGN mil | 1.48 | 3.26 | -1.63 |
| Total Revenues | BGN mil | 25.1 | 35.2 | 33.1 |
| Operating Profit | BGN mil | 3.38 | 14.1 | 12.0 |
| Provisions | BGN mil | 3.23 | 8.18 | 4.95 |
| Net Profit | BGN mil | 0.627 | 6.02 | 7.87 |
| Balance Sheet | 2015 | 2016 | 2017 | |
| Customer Loans | BGN mil | 638 | 729 | 801 |
| Total Assets | BGN mil | 1,014 | 1,071 | 1,240 |
| Shareholders' Equity | BGN mil | 159 | 167 | 176 |
| Interbank Borrowing | BGN mil | 0 | 0 | 0 |
| Customer Deposits | BGN mil | 849 | 900 | 1,060 |
| Issued Debt Securities | BGN mil | 0 | 0 | 0 |
| Ratios | 2015 | 2016 | 2017 | |
| ROE | % | 0.399 | 3.70 | 4.59 |
| ROA | % | 0.069 | 0.577 | 0.681 |
| Costs (As % Of Assets) | % | 2.37 | 2.02 | 1.83 |
| Costs (As % Of Income) | % | 86.5 | 59.9 | 63.8 |
| Net Interest Margin | % | 2.05 | 2.56 | 2.51 |
| Loans (As % Of Deposits) | % | 75.2 | 81.0 | 75.5 |
| Growth Rates | 2015 | 2016 | 2017 | |
| Total Revenue Growth | % | 60.4 | 40.5 | -6.02 |
| Operating Cost Growth | % | 9.74 | -2.77 | 0.232 |
| Operating Profit Growth | % | -182 | 318 | -15.3 |
| Net Profit Growth | % | -107 | 860 | 30.7 |
| Customer Loan Growth | % | 16.5 | 14.2 | 9.81 |
| Total Asset Growth | % | 24.4 | 5.61 | 15.8 |
| Customer Deposit Growth | % | 29.7 | 5.95 | 17.8 |
| Shareholders' Equity Growth | % | 2.04 | 4.95 | 5.81 |
Get all company financials in excel:
| summary | Unit | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| income statement | ||||||||||||
| Net Interest Income | BGN mil | 17.2 | 2.25 | 6.17 | 12.3 | 18.7 | ||||||
| Total Revenues | BGN mil | 22.8 | 7.74 | 9.01 | 15.6 | 25.1 | ||||||
| Operating Profit | BGN mil | 8.71 | -9.19 | -9.17 | -4.14 | 3.38 | ||||||
| Net Profit | BGN mil | -34.2 | -18.7 | -16.0 | -8.94 | 0.627 | ||||||
| balance sheet | ||||||||||||
| Customer Loans | BGN mil | 599 | 602 | 509 | 548 | 638 | ||||||
| Debt Securities | BGN mil | 7.61 | 42.7 | 44.2 | 29.5 | 70.6 | ||||||
| Total Assets | BGN mil | 749 | 828 | 778 | 815 | 1,014 | ||||||
| Shareholders' Equity | BGN mil | 201 | 178 | 166 | 156 | 159 | ||||||
| Interbank Borrowing | BGN mil | 0 | 0 | 0 | 0 | 0 | ||||||
| Customer Deposits | BGN mil | 546 | 647 | 608 | 655 | 849 | ||||||
| Issued Debt Securities | BGN mil | 0 | 0 | 0 | 0 | 0 | ||||||
| ratios | ||||||||||||
| ROE | % | -17.4 | -9.87 | -9.30 | -5.56 | 0.399 | ||||||
| ROA | % | -4.60 | -2.37 | -1.99 | -1.12 | 0.069 | ||||||
| Costs (As % Of Assets) | % | 1.89 | 2.15 | 2.26 | 2.48 | 2.37 | ||||||
| Costs (As % Of Income) | % | 61.8 | 219 | 202 | 127 | 86.5 | ||||||
| Net Interest Margin | % | 2.31 | 0.285 | 0.768 | 1.54 | 2.05 | ||||||
| Interest Income (As % Of Revenues) | % | 75.3 | 29.1 | 68.5 | 78.6 | 74.6 | ||||||
| Fee Income (As % Of Revenues) | % | 2.51 | 15.8 | 24.2 | 20.9 | 19.5 | ||||||
| Equity (As % Of Assets) | % | 26.8 | 21.5 | 21.3 | 19.1 | 15.7 | ||||||
| Loans (As % Of Deposits) | % | 110 | 93.1 | 83.7 | 83.7 | 75.2 | ||||||
| Loans (As % Assets) | % | 80.0 | 72.7 | 65.4 | 67.2 | 62.9 | ||||||
| valuation | ||||||||||||
| Book Value Per Share Growth | % | ... | -65.4 | -86.9 | 174 | 99.3 | 52.3 |
| income statement | Unit | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| income statement | ||||||||||||
| Interest Income | BGN mil | 47.6 | 35.1 | 33.8 | 32.8 | 37.1 | ||||||
| Interest Cost | BGN mil | 30.5 | 32.9 | 27.6 | 20.5 | 18.4 | ||||||
| Net Interest Income | BGN mil | 17.2 | 2.25 | 6.17 | 12.3 | 18.7 | ||||||
| Net Fee Income | BGN mil | 0.571 | 1.22 | 2.18 | 3.27 | 4.88 | ||||||
| Other Income | BGN mil | 5.07 | 4.27 | 0.663 | 0.070 | 1.48 | ||||||
| Total Revenues | BGN mil | 22.8 | 7.74 | 9.01 | 15.6 | 25.1 | ||||||
| Depreciation | BGN mil | 1.14 | 1.60 | 2.09 | 2.36 | 2.43 | ||||||
| Operating Cost | BGN mil | 14.1 | 16.9 | 18.2 | 19.8 | 21.7 | ||||||
| Operating Profit | BGN mil | 8.71 | -9.19 | -9.17 | -4.14 | 3.38 | ||||||
| Provisions | BGN mil | 43.1 | 12.2 | 6.63 | 4.79 | 3.23 | ||||||
| Extra and Other Cost | BGN mil | -0.224 | -2.48 | 0.220 | -0.004 | -0.393 | ||||||
| Pre-Tax Profit | BGN mil | -34.2 | -18.9 | -16.0 | -8.93 | 0.542 | ||||||
| Tax | BGN mil | 0.023 | -0.219 | -0.020 | 0.006 | -0.085 | ||||||
| Minorities | BGN mil | 0 | 0 | 0 | 0 | 0 | ||||||
| Net Profit | BGN mil | -34.2 | -18.7 | -16.0 | -8.94 | 0.627 | ||||||
| growth rates | ||||||||||||
| Net Interest Income Growth | % | ... | -65.4 | -86.9 | 174 | 99.3 | 52.3 | |||||
| Net Fee Income Growth | % | ... | -25.5 | 114 | 78.3 | 50.1 | 49.2 | |||||
| Total Revenue Growth | % | ... | -55.5 | -66.0 | 16.3 | 73.5 | 60.4 | |||||
| Operating Cost Growth | % | ... | -11.6 | 20.2 | 7.37 | 8.77 | 9.74 | |||||
| Operating Profit Growth | % | ... | -75.3 | -205 | -0.174 | -54.8 | -182 | |||||
| Pre-Tax Profit Growth | % | ... | 136 | -44.7 | -15.3 | -44.2 | -106 | |||||
| Net Profit Growth | % | ... | 138 | -45.4 | -14.4 | -44.1 | -107 | |||||
| market share | ||||||||||||
| Market Share in Revenues | % | 0.580 | 0.203 | 0.243 | 0.401 | 0.608 | ||||||
| Market Share in Net Profit | % | ... | ... | ... | ... | ... | 0.070 |
| balance sheet | Unit | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| balance sheet | ||||||||||||
| Cash | BGN mil | 72.4 | 93.6 | 86.0 | 108 | 157 | ||||||
| Customer Loans | BGN mil | 599 | 602 | 509 | 548 | 638 | ||||||
| Debt Securities | BGN mil | 7.61 | 42.7 | 44.2 | 29.5 | 70.6 | ||||||
| Fixed Assets | BGN mil | 41.0 | 66.3 | 71.7 | 79.0 | 99.0 | ||||||
| Total Assets | BGN mil | 749 | 828 | 778 | 815 | 1,014 | ||||||
| Shareholders' Equity | BGN mil | 201 | 178 | 166 | 156 | 159 | ||||||
| Of Which Minority Interest | BGN mil | 0 | 0 | 0 | 0 | 0 | ||||||
| Liabilities | BGN mil | 549 | 650 | 612 | 660 | 856 | ||||||
| Interbank Borrowing | BGN mil | 0 | 0 | 0 | 0 | 0 | ||||||
| Customer Deposits | BGN mil | 546 | 647 | 608 | 655 | 849 | ||||||
| Issued Debt Securities | BGN mil | 0 | 0 | 0 | 0 | 0 | ||||||
| Other Liabilities | BGN mil | 0 | 0 | 0 | 0 | 0 | ||||||
| growth rates | ||||||||||||
| Customer Loan Growth | % | ... | -2.03 | 0.451 | -15.5 | 7.74 | 16.5 | |||||
| Total Asset Growth | % | ... | 1.60 | 10.5 | -6.11 | 4.83 | 24.4 | |||||
| Shareholders' Equity Growth | % | ... | 4.66 | -11.2 | -7.02 | -6.07 | 2.04 | |||||
| Customer Deposit Growth | % | ... | 0.466 | 18.5 | -6.03 | 7.77 | 29.7 | |||||
| market share | ||||||||||||
| Market Share in Customer Loans | % | 1.11 | 1.08 | 0.911 | 1.06 | 1.26 | ||||||
| Market Share in Total Assets | % | 1.25 | 1.28 | 1.12 | 1.16 | 1.33 | ||||||
| Market Share in Customer Deposits | % | 1.02 | 1.12 | 0.967 | 1.02 | 1.27 |
| ratios | Unit | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| ratios | ||||||||||||
| ROE | % | -17.4 | -9.87 | -9.30 | -5.56 | 0.399 | ||||||
| ROA | % | -4.60 | -2.37 | -1.99 | -1.12 | 0.069 | ||||||
| Costs (As % Of Assets) | % | 1.89 | 2.15 | 2.26 | 2.48 | 2.37 | ||||||
| Costs (As % Of Income) | % | 61.8 | 219 | 202 | 127 | 86.5 | ||||||
| Net Interest Margin | % | 2.31 | 0.285 | 0.768 | 1.54 | 2.05 | ||||||
| Interest Spread | % | ... | 0.840 | -1.03 | -0.169 | 0.893 | 1.63 | |||||
| Asset Yield | % | 6.40 | 4.45 | 4.21 | 4.12 | 4.06 | ||||||
| Cost Of Liabilities | % | ... | 5.56 | 5.48 | 4.38 | 3.22 | 2.43 | |||||
| Interest Income (As % Of Revenues) | % | 75.3 | 29.1 | 68.5 | 78.6 | 74.6 | ||||||
| Fee Income (As % Of Revenues) | % | 2.51 | 15.8 | 24.2 | 20.9 | 19.5 | ||||||
| Other Income (As % Of Revenues) | % | 22.2 | 55.2 | 7.36 | 0.448 | 5.92 | ||||||
| Equity (As % Of Assets) | % | 26.8 | 21.5 | 21.3 | 19.1 | 15.7 | ||||||
| Loans (As % Of Deposits) | % | 110 | 93.1 | 83.7 | 83.7 | 75.2 | ||||||
| Loans (As % Assets) | % | 80.0 | 72.7 | 65.4 | 67.2 | 62.9 | ||||||
| Cost of Provisions (As % Of Loans) | % | 7.12 | 2.03 | 1.19 | 0.907 | 0.544 |
Get all company financials in excel:
By Helgi Library - September 3, 2018
Bulgarian-American Credit Bank's customer deposits reached BGN 1,060 mil in 2017, up 17.8% compared to the previous year. Bulgarian banking sector accepted customer deposits of BGN 76.5 bil in 2017, up 5.94% when compared to the last year. Bulgarian-Ameri...
By Helgi Library - September 3, 2018
Bulgarian-American Credit Bank made a net profit of BGN 7.87 mil under revenues of BGN 33.1 mil in 2017, up 30.7% and -6.02% respectively compared to the previous year. Historically, the bank’s net profit reached an all time high of BGN 53.2 mil in 2008 and an all time l...
By Helgi Library - September 3, 2018
Bulgarian-American Credit Bank made a net profit of BGN 7.87 mil under revenues of BGN 33.1 mil in 2017, up 30.7% and -6.02% respectively compared to the previous year. Historically, the bank’s net profit reached an all time high of BGN 53.2 mil in 2008 and an all time l...
By Helgi Library - September 20, 2018
Bulgarian-American Credit Bank generated total banking revenues of BGN 33.1 mil in 2017, down 6.02% compared to the previous year. Bulgarian banking sector banking sector generated total revenues of BGN 3,870 mil in 2017, down 4.62% when compared to t...
By Helgi Library - September 20, 2018
Bulgarian-American Credit Bank generated total banking revenues of BGN 33.1 mil in 2017, down 6.02% compared to the previous year. Bulgarian banking sector banking sector generated total revenues of BGN 3,870 mil in 2017, down 4.62% when compared to t...
By Helgi Library - September 3, 2018
Bulgarian-American Credit Bank's net interest margin amounted to 2.51% in 2017, down from 2.56% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 10.4% in 2008 and an all time low of 0.285% in 2012. ...
By Helgi Library - September 3, 2018
Bulgarian-American Credit Bank's net interest margin amounted to 2.51% in 2017, down from 2.56% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 10.4% in 2008 and an all time low of 0.285% in 2012. ...
By Helgi Library - September 3, 2018
Bulgarian-American Credit Bank generated total banking revenues of BGN 33.1 mil in 2017, down 6.02% compared to the previous year. Historically, the bank’s revenues containing of interest, fee and other non-interest income reached an all time high of BGN 83.1 m...
By Helgi Library - September 3, 2018
Bulgarian-American Credit Bank generated total banking revenues of BGN 33.1 mil in 2017, down 6.02% compared to the previous year. Historically, the bank’s revenues containing of interest, fee and other non-interest income reached an all time high of BGN 83.1 m...
By Helgi Library - September 3, 2018
Bulgarian-American Credit Bank's customer loan growth reached 9.81% in 2017, down from 14.2% compared to the previous year. Historically, the bank’s loans growth reached an all time high of 19.2% in 2008 and an all time low of -19.7% in 2010. In the last ...
Bulgarian-American Credit Bank has been growing its revenues and asset by 28.4% and 15.0% a year on average in the last 3 years. Its loans and deposits have grown by 13.5% and 17.4% a year during that time and loans to deposits ratio reached 75.5% at the end of 2017. The company achieved an average return on equity of 2.90% in the last three years with net profit growing % a year on average. In terms of operating efficiency, its cost to income ratio reached 63.8% in 2017, compared to 70.1% average in the last three years.
Equity represented 14.2% of total assets or 22.0% of loans at the end of 2017. Bulgarian-American Credit Bank's non-performing loans were of total loans while provisions covered some of NPLs at the end of 2017.
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