By Helgi Library - September 3, 2018
Cibank's customer loans reached BGN 2,715 mil in 2017, up 22.9% compared to the previous year. Bulgarian banking sector provide...
By Helgi Library - September 3, 2018
Cibank's customer loans reached BGN 2,715 mil in 2017, up 22.9% compared to the previous year. Bulgarian banking sector provide...
By Helgi Library - September 20, 2018
Cibank generated total banking revenues of BGN 119 mil in 2017, up 5.81% compared to the previous year. Bulgarian banking ...
| Profit Statement | 2015 | 2016 | 2017 | |
| Net Interest Income | BGN mil | 80.3 | 84.6 | 85.2 |
| Net Fee Income | BGN mil | 30.8 | 30.3 | 32.1 |
| Other Income | BGN mil | 4.51 | -2.00 | 2.21 |
| Total Revenues | BGN mil | 116 | 113 | 119 |
| Operating Profit | BGN mil | 40.9 | 45.6 | 50.1 |
| Provisions | BGN mil | 19.7 | 5.87 | 10.3 |
| Net Profit | BGN mil | 26.9 | 32.9 | 31.5 |
| Balance Sheet | 2015 | 2016 | 2017 | |
| Customer Loans | BGN mil | 1,568 | 2,209 | 2,715 |
| Total Assets | BGN mil | 2,687 | 3,102 | 3,620 |
| Shareholders' Equity | BGN mil | 294 | 332 | 385 |
| Interbank Borrowing | BGN mil | 0 | 0 | 1.17 |
| Customer Deposits | BGN mil | 2,368 | 2,737 | 3,193 |
| Issued Debt Securities | BGN mil | 0 | 0 | 1.17 |
| Ratios | 2015 | 2016 | 2017 | |
| ROE | % | 9.74 | 10.5 | 8.78 |
| ROA | % | 1.05 | 1.14 | 0.936 |
| Costs (As % Of Assets) | % | 2.90 | 2.32 | 2.06 |
| Costs (As % Of Income) | % | 64.6 | 59.6 | 58.1 |
| Net Interest Margin | % | 3.12 | 2.92 | 2.53 |
| Loans (As % Of Deposits) | % | 66.2 | 80.7 | 85.0 |
| Growth Rates | 2015 | 2016 | 2017 | |
| Total Revenue Growth | % | 6.63 | -2.33 | 5.81 |
| Operating Cost Growth | % | 10.5 | -9.95 | 3.12 |
| Operating Profit Growth | % | 0.208 | 11.6 | 9.79 |
| Net Profit Growth | % | 25.1 | 22.2 | -4.31 |
| Customer Loan Growth | % | -16.6 | 40.8 | 22.9 |
| Total Asset Growth | % | 9.36 | 15.4 | 16.7 |
| Customer Deposit Growth | % | 9.27 | 15.6 | 16.6 |
| Shareholders' Equity Growth | % | 13.7 | 13.1 | 15.8 |
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 | 49.5 | 47.7 | 54.3 | 72.0 | 80.3 | ||||||
| Total Revenues | BGN mil | 90.9 | 94.3 | 98.9 | 108 | 116 | ||||||
| Operating Profit | BGN mil | 18.7 | 24.2 | 31.9 | 40.8 | 40.9 | ||||||
| Net Profit | BGN mil | 0.433 | 10.1 | 13.9 | 21.5 | 26.9 | ||||||
| balance sheet | ||||||||||||
| Customer Loans | BGN mil | 1,704 | 1,657 | 1,788 | 1,881 | 1,568 | ||||||
| Debt Securities | BGN mil | 99.9 | 178 | 164 | 312 | 461 | ||||||
| Total Assets | BGN mil | 2,026 | 2,083 | 2,188 | 2,457 | 2,687 | ||||||
| Shareholders' Equity | BGN mil | 331 | 295 | 291 | 258 | 294 | ||||||
| Interbank Borrowing | BGN mil | 0 | 0 | 0 | 0 | 0 | ||||||
| Customer Deposits | BGN mil | 1,692 | 1,778 | 1,888 | 2,167 | 2,368 | ||||||
| Issued Debt Securities | BGN mil | 0.003 | 0.139 | 0 | 0 | 0 | ||||||
| ratios | ||||||||||||
| ROE | % | 0.140 | 3.22 | 4.74 | 7.82 | 9.74 | ||||||
| ROA | % | 0.022 | 0.490 | 0.651 | 0.926 | 1.05 | ||||||
| Costs (As % Of Assets) | % | 3.70 | 3.41 | 3.14 | 2.91 | 2.90 | ||||||
| Costs (As % Of Income) | % | 79.4 | 74.3 | 67.7 | 62.4 | 64.6 | ||||||
| Net Interest Margin | % | 2.54 | 2.32 | 2.55 | 3.10 | 3.12 | ||||||
| Interest Income (As % Of Revenues) | % | 54.4 | 50.6 | 54.9 | 66.4 | 69.5 | ||||||
| Fee Income (As % Of Revenues) | % | 40.5 | 38.4 | 32.3 | 29.7 | 26.6 | ||||||
| Equity (As % Of Assets) | % | 16.3 | 14.2 | 13.3 | 10.5 | 10.9 | ||||||
| Loans (As % Of Deposits) | % | 101 | 93.2 | 94.7 | 86.8 | 66.2 | ||||||
| Loans (As % Assets) | % | 84.1 | 79.5 | 81.7 | 76.5 | 58.4 | ||||||
| valuation | ||||||||||||
| Book Value Per Share Growth | % | ... | -10.3 | -3.49 | 13.8 | 32.4 | 11.6 |
| income statement | Unit | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| income statement | ||||||||||||
| Interest Income | BGN mil | 106 | 101 | 92.8 | 98.6 | 97.4 | ||||||
| Interest Cost | BGN mil | 56.6 | 53.2 | 38.5 | 26.6 | 17.1 | ||||||
| Net Interest Income | BGN mil | 49.5 | 47.7 | 54.3 | 72.0 | 80.3 | ||||||
| Net Fee Income | BGN mil | 36.8 | 36.2 | 32.0 | 32.2 | 30.8 | ||||||
| Other Income | BGN mil | 4.61 | 10.4 | 12.6 | 4.27 | 4.51 | ||||||
| Total Revenues | BGN mil | 90.9 | 94.3 | 98.9 | 108 | 116 | ||||||
| Depreciation | BGN mil | 5.13 | 5.14 | 4.43 | 4.26 | 4.16 | ||||||
| Operating Cost | BGN mil | 72.2 | 70.1 | 67.0 | 67.6 | 74.7 | ||||||
| Operating Profit | BGN mil | 18.7 | 24.2 | 31.9 | 40.8 | 40.9 | ||||||
| Provisions | BGN mil | 18.4 | 14.4 | 18.5 | 19.8 | 19.7 | ||||||
| Extra and Other Cost | BGN mil | -0.166 | -0.168 | -0.185 | -0.192 | 0.242 | ||||||
| Pre-Tax Profit | BGN mil | 0.472 | 9.94 | 13.6 | 21.1 | 20.9 | ||||||
| Tax | BGN mil | 0.039 | -0.129 | -0.282 | -0.353 | -5.97 | ||||||
| Minorities | BGN mil | 0 | 0 | 0 | 0 | 0 | ||||||
| Net Profit | BGN mil | 0.433 | 10.1 | 13.9 | 21.5 | 26.9 | ||||||
| growth rates | ||||||||||||
| Net Interest Income Growth | % | ... | -10.3 | -3.49 | 13.8 | 32.4 | 11.6 | |||||
| Net Fee Income Growth | % | ... | 8.86 | -1.54 | -11.7 | 0.651 | -4.37 | |||||
| Total Revenue Growth | % | ... | -6.08 | 3.80 | 4.87 | 9.62 | 6.63 | |||||
| Operating Cost Growth | % | ... | 8.20 | -2.88 | -4.44 | 0.928 | 10.5 | |||||
| Operating Profit Growth | % | ... | -37.8 | 29.6 | 31.8 | 27.9 | 0.208 | |||||
| Pre-Tax Profit Growth | % | ... | -81.9 | 2,007 | 37.0 | 55.2 | -0.988 | |||||
| Net Profit Growth | % | ... | -81.5 | 2,226 | 38.1 | 54.6 | 25.1 | |||||
| market share | ||||||||||||
| Market Share in Revenues | % | 2.31 | 2.47 | 2.67 | 2.78 | 2.80 | ||||||
| Market Share in Net Profit | % | 0.091 | 1.92 | 2.76 | 3.03 | 2.99 |
| balance sheet | Unit | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| balance sheet | ||||||||||||
| Cash | BGN mil | 145 | 161 | 147 | 178 | 570 | ||||||
| Customer Loans | BGN mil | 1,704 | 1,657 | 1,788 | 1,881 | 1,568 | ||||||
| Debt Securities | BGN mil | 99.9 | 178 | 164 | 312 | 461 | ||||||
| Fixed Assets | BGN mil | 53.0 | 64.3 | 67.3 | 70.5 | 66.3 | ||||||
| Total Assets | BGN mil | 2,026 | 2,083 | 2,188 | 2,457 | 2,687 | ||||||
| Shareholders' Equity | BGN mil | 331 | 295 | 291 | 258 | 294 | ||||||
| Of Which Minority Interest | BGN mil | 0 | 0 | 0 | 0 | 0 | ||||||
| Liabilities | BGN mil | 1,696 | 1,788 | 1,896 | 2,199 | 2,394 | ||||||
| Interbank Borrowing | BGN mil | 0 | 0 | 0 | 0 | 0 | ||||||
| Customer Deposits | BGN mil | 1,692 | 1,778 | 1,888 | 2,167 | 2,368 | ||||||
| Issued Debt Securities | BGN mil | 0.003 | 0.139 | 0 | 0 | 0 | ||||||
| Other Liabilities | BGN mil | 0 | 0 | 0 | 0 | 0 | ||||||
| growth rates | ||||||||||||
| Customer Loan Growth | % | ... | 5.00 | -2.78 | 7.92 | 5.20 | -16.6 | |||||
| Total Asset Growth | % | ... | 8.28 | 2.79 | 5.03 | 12.3 | 9.36 | |||||
| Shareholders' Equity Growth | % | ... | 14.2 | -10.8 | -1.23 | -11.3 | 13.7 | |||||
| Customer Deposit Growth | % | ... | 7.18 | 5.11 | 6.19 | 14.7 | 9.27 | |||||
| market share | ||||||||||||
| Market Share in Customer Loans | % | 3.14 | 2.98 | 3.20 | 3.65 | 3.09 | ||||||
| Market Share in Total Assets | % | 3.37 | 3.23 | 3.14 | 3.50 | 3.53 | ||||||
| Market Share in Customer Deposits | % | 3.16 | 3.07 | 3.00 | 3.38 | 3.54 |
| ratios | Unit | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| ratios | ||||||||||||
| ROE | % | 0.140 | 3.22 | 4.74 | 7.82 | 9.74 | ||||||
| ROA | % | 0.022 | 0.490 | 0.651 | 0.926 | 1.05 | ||||||
| Costs (As % Of Assets) | % | 3.70 | 3.41 | 3.14 | 2.91 | 2.90 | ||||||
| Costs (As % Of Income) | % | 79.4 | 74.3 | 67.7 | 62.4 | 64.6 | ||||||
| Net Interest Margin | % | 2.54 | 2.32 | 2.55 | 3.10 | 3.12 | ||||||
| Interest Spread | % | ... | 1.99 | 1.86 | 2.26 | 2.95 | 3.04 | |||||
| Asset Yield | % | 5.44 | 4.91 | 4.35 | 4.24 | 3.79 | ||||||
| Cost Of Liabilities | % | ... | 3.45 | 3.05 | 2.09 | 1.30 | 0.745 | |||||
| Interest Income (As % Of Revenues) | % | 54.4 | 50.6 | 54.9 | 66.4 | 69.5 | ||||||
| Fee Income (As % Of Revenues) | % | 40.5 | 38.4 | 32.3 | 29.7 | 26.6 | ||||||
| Other Income (As % Of Revenues) | % | 5.08 | 11.0 | 12.7 | 3.93 | 3.90 | ||||||
| Equity (As % Of Assets) | % | 16.3 | 14.2 | 13.3 | 10.5 | 10.9 | ||||||
| Loans (As % Of Deposits) | % | 101 | 93.2 | 94.7 | 86.8 | 66.2 | ||||||
| Loans (As % Assets) | % | 84.1 | 79.5 | 81.7 | 76.5 | 58.4 | ||||||
| Cost of Provisions (As % Of Loans) | % | 1.10 | 0.859 | 1.07 | 1.08 | 1.14 |
Get all company financials in excel:
By Helgi Library - September 20, 2018
Cibank generated total banking revenues of BGN 119 mil in 2017, up 5.81% 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 the last year. As a re...
By Helgi Library - September 3, 2018
Cibank's customer deposits reached BGN 3,193 mil in 2017, up 16.6% 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. Cibank accounted for 4.17% of all custo...
By Helgi Library - September 3, 2018
Cibank's customer deposits reached BGN 3,193 mil in 2017, up 16.6% 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. Cibank accounted for 4.17% of all custo...
By Helgi Library - September 3, 2018
Cibank made a net profit of BGN 31.5 mil under revenues of BGN 119 mil in 2017, up -4.30% and 5.81% respectively compared to the previous year. Historically, the bank’s net profit reached an all time high of BGN 41.4 mil in 2007 and an all time low of BGN 0.433 mil i...
By Helgi Library - September 3, 2018
Cibank made a net profit of BGN 31.5 mil under revenues of BGN 119 mil in 2017, up -4.30% and 5.81% respectively compared to the previous year. Historically, the bank’s net profit reached an all time high of BGN 41.4 mil in 2007 and an all time low of BGN 0.433 mil i...
By Helgi Library - September 3, 2018
Cibank's net interest margin amounted to 2.53% in 2017, down from 2.92% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 3.26% in 2009 and an all time low of 2.32% in 2012. The average margin in the...
By Helgi Library - September 3, 2018
Cibank's net interest margin amounted to 2.53% in 2017, down from 2.92% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 3.26% in 2009 and an all time low of 2.32% in 2012. The average margin in the...
By Helgi Library - September 3, 2018
Cibank generated total banking revenues of BGN 119 mil in 2017, up 5.81% 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 119 mil in 2017 and an all time l...
By Helgi Library - September 3, 2018
Cibank generated total banking revenues of BGN 119 mil in 2017, up 5.81% 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 119 mil in 2017 and an all time l...
By Helgi Library - September 3, 2018
Cibank's customer loan growth reached 22.9% in 2017, down from 40.8% compared to the previous year. Historically, the bank’s loans growth reached an all time high of 40.8% in 2016 and an all time low of -16.6% in 2015. In the last decade, the average annu...
Cibank has been growing its revenues and asset by 3.29% and 13.8% a year on average in the last 3 years. Its loans and deposits have grown by 13.0% and 13.8% a year during that time and loans to deposits ratio reached 85.0% at the end of 2017. The company achieved an average return on equity of 9.67% in the last three years with net profit growing 13.5% a year on average. In terms of operating efficiency, its cost to income ratio reached 58.1% in 2017, compared to 60.8% average in the last three years.
Equity represented 10.6% of total assets or 14.2% of loans at the end of 2017. Cibank's non-performing loans were of total loans while provisions covered some of NPLs at the end of 2017.
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