By Helgi Library - September 20, 2018
Commercial Bank Victoria generated total banking revenues of BGN 2.27 mil in 2017, down 42.4% compared to the previous year. ...
By Helgi Library - September 20, 2018
Commercial Bank Victoria generated total banking revenues of BGN 2.27 mil in 2017, down 42.4% compared to the previous year. ...
By Helgi Library - September 3, 2018
Commercial Bank Victoria's customer deposits reached BGN 90.3 mil in 2017, down 0.958% compared to the previous year. Bulgarian...
| Profit Statement | 2015 | 2016 | 2017 | |
| Net Interest Income | BGN mil | 3.29 | 1.98 | 1.90 |
| Net Fee Income | BGN mil | 0.253 | 0.180 | 0.170 |
| Other Income | BGN mil | 2.20 | 1.79 | 0.201 |
| Total Revenues | BGN mil | 5.75 | 3.94 | 2.27 |
| Operating Profit | BGN mil | -4.75 | -2.19 | -3.28 |
| Provisions | BGN mil | 4.58 | 1.04 | 1.84 |
| Net Profit | BGN mil | -9.31 | -5.57 | -5.15 |
| Balance Sheet | 2015 | 2016 | 2017 | |
| Customer Loans | BGN mil | 59.4 | 43.5 | 27.5 |
| Total Assets | BGN mil | 167 | 129 | 123 |
| Shareholders' Equity | BGN mil | 10.9 | 36.3 | 31.6 |
| Interbank Borrowing | BGN mil | 0 | 0 | 0 |
| Customer Deposits | BGN mil | 155 | 91.2 | 90.3 |
| Issued Debt Securities | BGN mil | 0 | 0 | 0 |
| Ratios | 2015 | 2016 | 2017 | |
| ROE | % | -58.0 | -23.6 | -15.2 |
| ROA | % | -5.14 | -3.77 | -4.10 |
| Costs (As % Of Assets) | % | 5.80 | 4.15 | 4.41 |
| Costs (As % Of Income) | % | 183 | 156 | 244 |
| Net Interest Margin | % | 1.82 | 1.34 | 1.51 |
| Loans (As % Of Deposits) | % | 38.4 | 47.7 | 30.4 |
| Growth Rates | 2015 | 2016 | 2017 | |
| Total Revenue Growth | % | -54.3 | -31.4 | -42.4 |
| Operating Cost Growth | % | -34.5 | -41.5 | -9.59 |
| Operating Profit Growth | % | 37.5 | -53.9 | 49.5 |
| Net Profit Growth | % | -37.7 | -40.1 | -7.59 |
| Customer Loan Growth | % | -51.6 | -26.9 | -36.8 |
| Total Asset Growth | % | -14.3 | -23.0 | -4.35 |
| Customer Deposit Growth | % | -9.23 | -41.1 | -0.958 |
| Shareholders' Equity Growth | % | -48.3 | 232 | -12.9 |
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 | 18.0 | 14.6 | 11.9 | 11.8 | 3.29 | ||||||
| Total Revenues | BGN mil | 20.6 | 17.9 | 14.5 | 12.6 | 5.75 | ||||||
| Operating Profit | BGN mil | -0.548 | -2.86 | -3.95 | -3.45 | -4.75 | ||||||
| Net Profit | BGN mil | -11.3 | -17.3 | -14.7 | -14.9 | -9.31 | ||||||
| balance sheet | ||||||||||||
| Customer Loans | BGN mil | 460 | 338 | 297 | 123 | 59.4 | ||||||
| Debt Securities | BGN mil | 0.441 | 11.3 | 11.3 | 11.4 | 11.3 | ||||||
| Total Assets | BGN mil | 557 | 523 | 407 | 195 | 167 | ||||||
| Shareholders' Equity | BGN mil | 60.9 | 42.4 | 36.1 | 21.2 | 10.9 | ||||||
| Interbank Borrowing | BGN mil | 0 | 0 | 0 | 0 | 0 | ||||||
| Customer Deposits | BGN mil | 492 | 476 | 368 | 171 | 155 | ||||||
| Issued Debt Securities | BGN mil | 0 | 0 | 0 | 0 | 0 | ||||||
| ratios | ||||||||||||
| ROE | % | -18.7 | -33.5 | -37.3 | -52.2 | -58.0 | ||||||
| ROA | % | -2.02 | -3.20 | -3.15 | -4.96 | -5.14 | ||||||
| Costs (As % Of Assets) | % | 3.79 | 3.85 | 3.96 | 5.32 | 5.80 | ||||||
| Costs (As % Of Income) | % | 103 | 116 | 127 | 127 | 183 | ||||||
| Net Interest Margin | % | 3.23 | 2.70 | 2.56 | 3.91 | 1.82 | ||||||
| Interest Income (As % Of Revenues) | % | 87.5 | 81.3 | 82.4 | 93.7 | 57.3 | ||||||
| Fee Income (As % Of Revenues) | % | 9.60 | 11.9 | 14.0 | 8.50 | 4.40 | ||||||
| Equity (As % Of Assets) | % | 10.9 | 8.12 | 8.85 | 10.9 | 6.55 | ||||||
| Loans (As % Of Deposits) | % | 93.6 | 71.1 | 80.7 | 72.0 | 38.4 | ||||||
| Loans (As % Assets) | % | 82.7 | 64.7 | 72.8 | 63.0 | 35.6 | ||||||
| valuation | ||||||||||||
| Book Value Per Share Growth | % | ... | -17.4 | -19.2 | -18.1 | -1.36 | -72.0 |
| income statement | Unit | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| income statement | ||||||||||||
| Interest Income | BGN mil | 31.8 | 24.6 | 22.4 | 16.8 | 5.18 | ||||||
| Interest Cost | BGN mil | 13.8 | 10.0 | 10.4 | 5.06 | 1.89 | ||||||
| Net Interest Income | BGN mil | 18.0 | 14.6 | 11.9 | 11.8 | 3.29 | ||||||
| Net Fee Income | BGN mil | 1.98 | 2.13 | 2.03 | 1.07 | 0.253 | ||||||
| Other Income | BGN mil | 0.606 | 1.22 | 0.526 | -0.272 | 2.20 | ||||||
| Total Revenues | BGN mil | 20.6 | 17.9 | 14.5 | 12.6 | 5.75 | ||||||
| Depreciation | BGN mil | 2.50 | 2.20 | 2.08 | 1.85 | 0.970 | ||||||
| Operating Cost | BGN mil | 21.1 | 20.8 | 18.4 | 16.0 | 10.5 | ||||||
| Operating Profit | BGN mil | -0.548 | -2.86 | -3.95 | -3.45 | -4.75 | ||||||
| Provisions | BGN mil | 10.7 | 14.5 | 10.8 | 9.45 | 4.58 | ||||||
| Extra and Other Cost | BGN mil | -0.020 | -0.015 | -0.022 | 2.03 | -0.014 | ||||||
| Pre-Tax Profit | BGN mil | -11.3 | -17.3 | -14.7 | -14.9 | -9.32 | ||||||
| Tax | BGN mil | -0.010 | -0.022 | -0.031 | 0.005 | -0.010 | ||||||
| Minorities | BGN mil | 0 | 0 | 0 | 0 | 0 | ||||||
| Net Profit | BGN mil | -11.3 | -17.3 | -14.7 | -14.9 | -9.31 | ||||||
| growth rates | ||||||||||||
| Net Interest Income Growth | % | ... | -17.4 | -19.2 | -18.1 | -1.36 | -72.0 | |||||
| Net Fee Income Growth | % | ... | 16.7 | 7.94 | -4.97 | -47.4 | -76.3 | |||||
| Total Revenue Growth | % | ... | -17.1 | -13.0 | -19.2 | -13.3 | -54.3 | |||||
| Operating Cost Growth | % | ... | 0.318 | -1.78 | -11.3 | -13.1 | -34.5 | |||||
| Operating Profit Growth | % | ... | -115 | 422 | 38.1 | -12.6 | 37.5 | |||||
| Pre-Tax Profit Growth | % | ... | 52.3 | 53.7 | -15.1 | 1.68 | -37.6 | |||||
| Net Profit Growth | % | ... | 52.7 | 53.6 | -15.2 | 1.93 | -37.7 | |||||
| market share | ||||||||||||
| Market Share in Revenues | % | 0.524 | 0.469 | 0.391 | 0.322 | 0.139 |
| balance sheet | Unit | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| balance sheet | ||||||||||||
| Cash | BGN mil | 56.2 | 132 | 60.8 | 27.1 | 59.4 | ||||||
| Customer Loans | BGN mil | 460 | 338 | 297 | 123 | 59.4 | ||||||
| Debt Securities | BGN mil | 0.441 | 11.3 | 11.3 | 11.4 | 11.3 | ||||||
| Fixed Assets | BGN mil | 35.2 | 13.8 | 11.5 | 9.32 | 8.28 | ||||||
| Total Assets | BGN mil | 557 | 523 | 407 | 195 | 167 | ||||||
| Shareholders' Equity | BGN mil | 60.9 | 42.4 | 36.1 | 21.2 | 10.9 | ||||||
| Of Which Minority Interest | BGN mil | 0 | 0 | 0 | 0 | 0 | ||||||
| Liabilities | BGN mil | 496 | 480 | 371 | 174 | 156 | ||||||
| Interbank Borrowing | BGN mil | 0 | 0 | 0 | 0 | 0 | ||||||
| Customer Deposits | BGN mil | 492 | 476 | 368 | 171 | 155 | ||||||
| Issued Debt Securities | BGN mil | 0 | 0 | 0 | 0 | 0 | ||||||
| Other Liabilities | BGN mil | 0 | 0 | 0 | 0 | 0 | ||||||
| growth rates | ||||||||||||
| Customer Loan Growth | % | ... | 2.50 | -26.4 | -12.4 | -58.6 | -51.6 | |||||
| Total Asset Growth | % | ... | -0.452 | -6.08 | -22.1 | -52.2 | -14.3 | |||||
| Shareholders' Equity Growth | % | ... | 2.71 | -30.3 | -15.0 | -41.3 | -48.3 | |||||
| Customer Deposit Growth | % | ... | -0.907 | -3.16 | -22.8 | -53.6 | -9.23 | |||||
| market share | ||||||||||||
| Market Share in Customer Loans | % | 0.849 | 0.608 | 0.531 | 0.238 | 0.117 | ||||||
| Market Share in Total Assets | % | 0.926 | 0.810 | 0.584 | 0.278 | 0.219 | ||||||
| Market Share in Customer Deposits | % | 0.920 | 0.822 | 0.585 | 0.266 | 0.232 |
| ratios | Unit | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| ratios | ||||||||||||
| ROE | % | -18.7 | -33.5 | -37.3 | -52.2 | -58.0 | ||||||
| ROA | % | -2.02 | -3.20 | -3.15 | -4.96 | -5.14 | ||||||
| Costs (As % Of Assets) | % | 3.79 | 3.85 | 3.96 | 5.32 | 5.80 | ||||||
| Costs (As % Of Income) | % | 103 | 116 | 127 | 127 | 183 | ||||||
| Net Interest Margin | % | 3.23 | 2.70 | 2.56 | 3.91 | 1.82 | ||||||
| Interest Spread | % | ... | 2.93 | 2.50 | 2.36 | 3.73 | 1.72 | |||||
| Asset Yield | % | 5.70 | 4.56 | 4.81 | 5.59 | 2.87 | ||||||
| Cost Of Liabilities | % | ... | 2.77 | 2.06 | 2.45 | 1.86 | 1.15 | |||||
| Interest Income (As % Of Revenues) | % | 87.5 | 81.3 | 82.4 | 93.7 | 57.3 | ||||||
| Fee Income (As % Of Revenues) | % | 9.60 | 11.9 | 14.0 | 8.50 | 4.40 | ||||||
| Other Income (As % Of Revenues) | % | 2.94 | 6.82 | 3.63 | -2.17 | 38.3 | ||||||
| Equity (As % Of Assets) | % | 10.9 | 8.12 | 8.85 | 10.9 | 6.55 | ||||||
| Loans (As % Of Deposits) | % | 93.6 | 71.1 | 80.7 | 72.0 | 38.4 | ||||||
| Loans (As % Assets) | % | 82.7 | 64.7 | 72.8 | 63.0 | 35.6 | ||||||
| Cost of Provisions (As % Of Loans) | % | 2.36 | 3.62 | 3.39 | 4.50 | 5.03 |
Get all company financials in excel:
By Helgi Library - September 3, 2018
Commercial Bank Victoria's customer loans reached BGN 27.5 mil in 2017, down 36.8% compared to the previous year. Bulgarian banking sector provided customer loans of BGN 59.7 bil in 2017, up 6.73% when compared to the last year. Commercial Bank Victoria a...
By Helgi Library - September 3, 2018
Commercial Bank Victoria's customer deposits reached BGN 90.3 mil in 2017, down 0.958% 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. Commercial Bank Vic...
By Helgi Library - September 3, 2018
Commercial Bank Victoria's net interest margin amounted to 1.51% in 2017, up from 1.34% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 4.18% in 2010 and an all time low of 1.34% in 2016. The avera...
By Helgi Library - September 3, 2018
Commercial Bank Victoria's customer loans reached BGN 27.5 mil in 2017, down 36.8% compared to the previous year. Bulgarian banking sector provided customer loans of BGN 59.7 bil in 2017, up 6.73% when compared to the last year. Commercial Bank Victoria a...
By Helgi Library - September 3, 2018
Commercial Bank Victoria's net interest margin amounted to 1.51% in 2017, up from 1.34% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 4.18% in 2010 and an all time low of 1.34% in 2016. The avera...
By Helgi Library - September 3, 2018
Commercial Bank Victoria made a net profit of BGN -5.15 mil under revenues of BGN 2.27 mil in 2017, up 7.59% and -42.4% respectively compared to the previous year. Historically, the bank’s net profit reached an all time high of BGN -1.37 mil in 2007 and an all time low o...
By Helgi Library - September 3, 2018
Commercial Bank Victoria made a net profit of BGN -5.15 mil under revenues of BGN 2.27 mil in 2017, up 7.59% and -42.4% respectively compared to the previous year. Historically, the bank’s net profit reached an all time high of BGN -1.37 mil in 2007 and an all time low o...
By Helgi Library - September 3, 2018
Commercial Bank Victoria generated total banking revenues of BGN 2.27 mil in 2017, down 42.4% 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 24.9 mil in ...
By Helgi Library - September 3, 2018
Commercial Bank Victoria generated total banking revenues of BGN 2.27 mil in 2017, down 42.4% 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 24.9 mil in ...
By Helgi Library - September 3, 2018
Commercial Bank Victoria's customer loan growth reached -36.8% in 2017, down from -26.9% compared to the previous year. Historically, the bank’s loans growth reached an all time high of 105% in 2008 and an all time low of -58.6% in 2014. In the last decad...
Commercial Bank Victoria has been growing its revenues and asset by -43.5% and -14.2% a year on average in the last 3 years. Its loans and deposits have grown by -39.3% and -19.1% a year during that time and loans to deposits ratio reached 30.4% at the end of 2017. The company achieved an average return on equity of -32.3% in the last three years with net profit growing -29.9% a year on average. In terms of operating efficiency, its cost to income ratio reached 244% in 2017, compared to 194% average in the last three years.
Equity represented 25.7% of total assets or 115% of loans at the end of 2017. Commercial Bank Victoria's non-performing loans were of total loans while provisions covered some of NPLs at the end of 2017.
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