By Helgi Library - September 19, 2018
Credit Agricole Serbia made a net profit of RSD 351 mil under revenues of RSD 4,707 mil in 2017, up 70.2% and 3.57% respectively comp...
By Helgi Library - September 19, 2018
Credit Agricole Serbia made a net profit of RSD 351 mil under revenues of RSD 4,707 mil in 2017, up 70.2% and 3.57% respectively comp...
By Helgi Library - September 19, 2018
Credit Agricole Serbia's non-performing loans reached 7.51% of total loans at the end of 2017, down from 10.8% compared to the pr...
| Profit Statement | 2015 | 2016 | 2017 | |
| Net Interest Income | RSD mil | 3,041 | 3,331 | 3,280 |
| Net Fee Income | RSD mil | 1,168 | 1,197 | 1,301 |
| Other Income | RSD mil | 14.9 | 17.3 | 127 |
| Total Revenues | RSD mil | 4,223 | 4,545 | 4,707 |
| Staff Cost | RSD mil | 1,863 | 1,978 | 2,002 |
| Operating Profit | RSD mil | 503 | 668 | 777 |
| Provisions | RSD mil | 286 | 412 | 409 |
| Net Profit | RSD mil | 141 | 206 | 351 |
| Balance Sheet | 2015 | 2016 | 2017 | |
| Interbank Loans | RSD mil | 6,411 | 5,532 | 6,858 |
| Customer Loans | RSD mil | 54,816 | 62,849 | 69,959 |
| Total Assets | RSD mil | 75,373 | 82,169 | 91,943 |
| Shareholders' Equity | RSD mil | 8,609 | 8,797 | 9,141 |
| Interbank Borrowing | RSD mil | 21,626 | 21,870 | 28,366 |
| Customer Deposits | RSD mil | 41,842 | 48,158 | 51,196 |
| Issued Debt Securities | RSD mil | 2,448 | 2,484 | 2,383 |
| Ratios | 2015 | 2016 | 2017 | |
| ROE | % | 1.66 | 2.37 | 3.92 |
| ROA | % | 0.196 | 0.262 | 0.403 |
| Costs (As % Of Assets) | % | 5.15 | 4.92 | 4.52 |
| Costs (As % Of Income) | % | 88.1 | 85.3 | 83.5 |
| Capital Adequacy Ratio | % | 15.8 | 14.5 | 17.1 |
| Net Interest Margin | % | 4.21 | 4.23 | 3.77 |
| Loans (As % Of Deposits) | % | 131 | 131 | 137 |
| NPLs (As % Of Loans) | % | 12.6 | 10.8 | 7.51 |
| Provisions (As % Of NPLs) | % | 61.2 | 66.2 | 65.1 |
| Growth Rates | 2015 | 2016 | 2017 | |
| Total Revenue Growth | % | 0.826 | 7.62 | 3.57 |
| Operating Cost Growth | % | -1.83 | 4.22 | 1.38 |
| Operating Profit Growth | % | 26.0 | 32.8 | 16.3 |
| Net Profit Growth | % | 232 | 45.9 | 70.2 |
| Customer Loan Growth | % | 7.04 | 14.7 | 11.3 |
| Total Asset Growth | % | 9.00 | 9.02 | 11.9 |
| Customer Deposit Growth | % | 4.40 | 15.1 | 6.31 |
| Shareholders' Equity Growth | % | 1.81 | 2.17 | 3.91 |
Get all company financials in excel:
| summary | Unit | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| income statement | |||||||
| Net Interest Income | RSD mil | 2,265 | 2,473 | 2,813 | 3,041 | ||
| Total Revenues | RSD mil | 3,465 | 3,697 | 4,189 | 4,223 | ||
| Operating Profit | RSD mil | -77.8 | 135 | 399 | 503 | ||
| Net Profit | RSD mil | 36.7 | 42.3 | 42.6 | 141 | ||
| balance sheet | |||||||
| Interbank Loans | RSD mil | 7,766 | 9,490 | 830 | 6,411 | ||
| Customer Loans | RSD mil | 42,551 | 42,583 | 51,209 | 54,816 | ||
| Debt Securities | RSD mil | 258 | 93.8 | 1,075 | 2,356 | ||
| Total Assets | RSD mil | 63,396 | 65,188 | 69,149 | 75,373 | ||
| Shareholders' Equity | RSD mil | 8,402 | 8,467 | 8,456 | 8,609 | ||
| Interbank Borrowing | RSD mil | 19,167 | 18,172 | 17,264 | 21,626 | ||
| Customer Deposits | RSD mil | 32,419 | 30,236 | 40,080 | 41,842 | ||
| Issued Debt Securities | RSD mil | 0 | 0 | 2,435 | 2,448 | ||
| ratios | |||||||
| ROE | % | 0.437 | 0.501 | 0.503 | 1.66 | ||
| ROA | % | 0.058 | 0.066 | 0.063 | 0.196 | ||
| Costs (As % Of Assets) | % | 5.59 | 5.54 | 5.64 | 5.15 | ||
| Costs (As % Of Income) | % | 102 | 96.4 | 90.5 | 88.1 | ||
| Capital Adequacy Ratio | % | 15.1 | 16.4 | 16.4 | 15.8 | ||
| Net Interest Margin | % | 3.57 | 3.85 | 4.19 | 4.21 | ||
| Interest Income (As % Of Revenues) | % | 65.4 | 66.9 | 67.1 | 72.0 | ||
| Fee Income (As % Of Revenues) | % | 31.2 | 30.4 | 26.3 | 27.7 | ||
| Staff Cost (As % Of Total Cost) | % | 49.5 | 50.0 | 47.7 | 50.1 | ||
| Equity (As % Of Assets) | % | 13.3 | 13.0 | 12.2 | 11.4 | ||
| Loans (As % Of Deposits) | % | 131 | 141 | 128 | 131 | ||
| Loans (As % Assets) | % | 67.1 | 65.3 | 74.1 | 72.7 | ||
| NPLs (As % Of Loans) | % | 15.3 | 11.5 | 14.0 | 12.6 | ||
| Provisions (As % Of NPLs) | % | 59.8 | 83.6 | 54.2 | 61.2 | ||
| valuation | |||||||
| Book Value Per Share Growth | % | ... | 9.19 | 13.7 | 8.11 |
| income statement | Unit | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| income statement | |||||||
| Interest Income | RSD mil | 3,855 | 4,087 | 4,111 | 3,997 | ||
| Interest Cost | RSD mil | 1,590 | 1,613 | 1,298 | 957 | ||
| Net Interest Income | RSD mil | 2,265 | 2,473 | 2,813 | 3,041 | ||
| Net Fee Income | RSD mil | 1,081 | 1,122 | 1,103 | 1,168 | ||
| Other Income | RSD mil | 119 | 101 | 273 | 14.9 | ||
| Total Revenues | RSD mil | 3,465 | 3,697 | 4,189 | 4,223 | ||
| Staff Cost | RSD mil | 1,754 | 1,780 | 1,806 | 1,863 | ||
| Depreciation | RSD mil | 266 | 241 | 202 | 210 | ||
| Other Cost | RSD mil | 1,523 | 1,541 | 1,782 | 1,647 | ||
| Operating Cost | RSD mil | 3,543 | 3,563 | 3,790 | 3,720 | ||
| Operating Profit | RSD mil | -77.8 | 135 | 399 | 503 | ||
| Provisions | RSD mil | -118 | 103 | 326 | 286 | ||
| Extra and Other Cost | RSD mil | -0.481 | -0.396 | < 0.001 | < 0.001 | ||
| Pre-Tax Profit | RSD mil | 41.0 | 32.1 | 72.9 | 217 | ||
| Tax | RSD mil | 4.26 | -10.2 | 30.3 | 75.6 | ||
| Minorities | RSD mil | 0 | 0 | 0 | 0 | ||
| Net Profit | RSD mil | 36.7 | 42.3 | 42.6 | 141 | ||
| growth rates | |||||||
| Net Interest Income Growth | % | ... | 9.19 | 13.7 | 8.11 | ||
| Net Fee Income Growth | % | ... | 3.88 | -1.72 | 5.86 | ||
| Total Revenue Growth | % | ... | 6.70 | 13.3 | 0.826 | ||
| Operating Cost Growth | % | ... | 0.553 | 6.38 | -1.83 | ||
| Operating Profit Growth | % | ... | -273 | 196 | 26.0 | ||
| Pre-Tax Profit Growth | % | ... | -21.8 | 127 | 198 | ||
| Net Profit Growth | % | ... | 15.1 | 0.710 | 232 | ||
| market share | |||||||
| Market Share in Revenues | % | 2.05 | 2.27 | 2.40 | 2.30 | ||
| Market Share in Net Profit | % | 0.315 | ... | 1.87 | 1.90 |
| balance sheet | Unit | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| balance sheet | |||||||
| Cash | RSD mil | 7,469 | 6,666 | 13,851 | 9,450 | ||
| Interbank Loans | RSD mil | 7,766 | 9,490 | 830 | 6,411 | ||
| Customer Loans | RSD mil | 42,551 | 42,583 | 51,209 | 54,816 | ||
| Retail Loans | RSD mil | 19,520 | 23,569 | 28,124 | 31,646 | ||
| Mortgage Loans | RSD mil | ... | ... | 15,904 | 17,947 | ||
| Consumer Loans | RSD mil | ... | ... | 12,220 | 13,699 | ||
| Corporate Loans | RSD mil | 27,310 | 23,552 | 27,290 | 27,767 | ||
| Debt Securities | RSD mil | 258 | 93.8 | 1,075 | 2,356 | ||
| Fixed Assets | RSD mil | 1,757 | 1,764 | 1,601 | 1,610 | ||
| Total Assets | RSD mil | 63,396 | 65,188 | 69,149 | 75,373 | ||
| Shareholders' Equity | RSD mil | 8,402 | 8,467 | 8,456 | 8,609 | ||
| Of Which Minority Interest | RSD mil | 0 | 0 | 0 | 0 | ||
| Liabilities | RSD mil | 54,994 | 56,722 | 60,693 | 66,763 | ||
| Interbank Borrowing | RSD mil | 19,167 | 18,172 | 17,264 | 21,626 | ||
| Customer Deposits | RSD mil | 32,419 | 30,236 | 40,080 | 41,842 | ||
| Retail Deposits | RSD mil | 11,864 | 4,805 | 19,394 | 19,565 | ||
| Corporate Deposits | RSD mil | 20,555 | 25,431 | 20,686 | 22,277 | ||
| Issued Debt Securities | RSD mil | 0 | 0 | 2,435 | 2,448 | ||
| Other Liabilities | RSD mil | 3,408 | 8,313 | 914 | 848 | ||
| asset quality | |||||||
| Non-Performing Loans | RSD mil | 7,151 | 5,428 | 7,758 | 7,512 | ||
| Gross Loans | RSD mil | 46,830 | 47,121 | 55,414 | 59,413 | ||
| Total Provisions | RSD mil | 4,279 | 4,538 | 4,205 | 4,597 | ||
| growth rates | |||||||
| Customer Loan Growth | % | ... | 0.076 | 20.3 | 7.04 | ||
| Retail Loan Growth | % | ... | 20.7 | 19.3 | 12.5 | ||
| Mortgage Loan Growth | % | ... | ... | ... | 12.8 | ||
| Consumer Loan Growth | % | ... | ... | ... | 12.1 | ||
| Corporate Loan Growth | % | ... | -13.8 | 15.9 | 1.75 | ||
| Total Asset Growth | % | ... | 2.83 | 6.08 | 9.00 | ||
| Shareholders' Equity Growth | % | ... | 0.769 | -0.123 | 1.81 | ||
| Customer Deposit Growth | % | ... | -6.73 | 32.6 | 4.40 | ||
| Retail Deposit Growth | % | ... | -59.5 | 304 | 0.879 | ||
| Corporate Deposit Growth | % | ... | 23.7 | -18.7 | 7.69 | ||
| market share | |||||||
| Market Share in Customer Loans | % | 1.89 | 1.93 | 2.15 | 2.18 | ||
| Market Share in Corporate Loans | % | 2.44 | 2.32 | 2.81 | 2.80 | ||
| Market Share in Retail Loans | % | ... | ... | 3.15 | 3.32 | ||
| Market Share in Consumer Loans | % | 2.99 | 3.50 | 3.88 | 4.17 | ||
| Market Share in Mortgage Loans | % | ... | ... | 4.72 | 5.18 | ||
| Market Share in Total Assets | % | 2.01 | 2.07 | 2.09 | 2.20 | ||
| Market Share in Customer Deposits | % | 2.12 | 1.90 | 2.33 | 2.29 | ||
| Market Share in Retail Deposits | % | 1.20 | 0.470 | 1.77 | 1.73 | ||
| Market Share in Corporate Deposits | % | 4.76 | 5.93 | 4.14 | 3.86 |
| ratios | Unit | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| ratios | |||||||
| ROE | % | 0.437 | 0.501 | 0.503 | 1.66 | ||
| ROA | % | 0.058 | 0.066 | 0.063 | 0.196 | ||
| Costs (As % Of Assets) | % | 5.59 | 5.54 | 5.64 | 5.15 | ||
| Costs (As % Of Income) | % | 102 | 96.4 | 90.5 | 88.1 | ||
| Capital Adequacy Ratio | % | 15.1 | 16.4 | 16.4 | 15.8 | ||
| Net Interest Margin | % | 3.57 | 3.85 | 4.19 | 4.21 | ||
| Interest Spread | % | ... | 3.47 | 3.91 | 4.03 | ||
| Asset Yield | % | 6.08 | 6.36 | 6.12 | 5.53 | ||
| Cost Of Liabilities | % | ... | 2.89 | 2.21 | 1.50 | ||
| Interest Income (As % Of Revenues) | % | 65.4 | 66.9 | 67.1 | 72.0 | ||
| Fee Income (As % Of Revenues) | % | 31.2 | 30.4 | 26.3 | 27.7 | ||
| Other Income (As % Of Revenues) | % | 3.44 | 2.74 | 6.52 | 0.353 | ||
| Staff Cost (As % Of Total Cost) | % | 49.5 | 50.0 | 47.7 | 50.1 | ||
| Equity (As % Of Assets) | % | 13.3 | 13.0 | 12.2 | 11.4 | ||
| Loans (As % Of Deposits) | % | 131 | 141 | 128 | 131 | ||
| Loans (As % Assets) | % | 67.1 | 65.3 | 74.1 | 72.7 | ||
| NPLs (As % Of Loans) | % | 15.3 | 11.5 | 14.0 | 12.6 | ||
| Provisions (As % Of NPLs) | % | 59.8 | 83.6 | 54.2 | 61.2 | ||
| Provisions (As % Of Loans) | % | 10.1 | 10.7 | 8.21 | 8.39 | ||
| Cost of Provisions (As % Of Loans) | % | -0.278 | 0.242 | 0.695 | 0.539 |
Get all company financials in excel:
By Helgi Library - September 19, 2018
Credit Agricole Serbia's non-performing loans reached 7.51% of total loans at the end of 2017, down from 10.8% compared to the previous year. Historically, the NPL ratio hit an all time high of 15.3% in 2012 and an all time low of 7.51% in 2017. Provision c...
By Helgi Library - September 19, 2018
Credit Agricole Serbia's customer loans reached RSD 69,959 mil in 2017, up 11.3% compared to the previous year. Serbian banking sector provided customer loans of RSD 2,702 bil in 2017, up 1.16% when compared to the last year. Credit Agricole Serbia accoun...
By Helgi Library - September 19, 2018
Credit Agricole Serbia's customer loans reached RSD 69,959 mil in 2017, up 11.3% compared to the previous year. Serbian banking sector provided customer loans of RSD 2,702 bil in 2017, up 1.16% when compared to the last year. Credit Agricole Serbia accoun...
By Helgi Library - September 19, 2018
Credit Agricole Serbia's customer deposits reached RSD 51,196 mil in 2017, up 6.31% compared to the previous year. Serbian banking sector accepted customer deposits of RSD 2,111 bil in 2017, up 3.62% when compared to the last year. Credit Agricole Serbia ...
By Helgi Library - September 19, 2018
Credit Agricole Serbia's customer deposits reached RSD 51,196 mil in 2017, up 6.31% compared to the previous year. Serbian banking sector accepted customer deposits of RSD 2,111 bil in 2017, up 3.62% when compared to the last year. Credit Agricole Serbia ...
By Helgi Library - September 19, 2018
Credit Agricole Serbia generated total banking revenues of RSD 4,707 mil in 2017, up 3.57% compared to the previous year. Serbian banking sector banking sector generated total revenues of RSD 197,856 mil in 2017, up 7.42% when compared to the last yea...
By Helgi Library - September 19, 2018
Credit Agricole Serbia generated total banking revenues of RSD 4,707 mil in 2017, up 3.57% compared to the previous year. Serbian banking sector banking sector generated total revenues of RSD 197,856 mil in 2017, up 7.42% when compared to the last yea...
By Helgi Library - September 19, 2018
Credit Agricole Serbia's retail deposits reached RSD 22,968 mil in 2017, up 8.78% compared to the previous year. Serbian banking sector accepted retail deposits of RSD 1,223 bil in 2017, up 1.09% when compared to the last year. Credit Agricole Serbia acco...
By Helgi Library - September 19, 2018
Credit Agricole Serbia's retail deposits reached RSD 22,968 mil in 2017, up 8.78% compared to the previous year. Serbian banking sector accepted retail deposits of RSD 1,223 bil in 2017, up 1.09% when compared to the last year. Credit Agricole Serbia acco...
By Helgi Library - September 19, 2018
Credit Agricole Serbia's corporate loans reached RSD 29,149 mil in 2017, down 1.49% compared to the previous year. Serbian banking sector provided corporate loans of RSD 1,012 bil in 2017, up 0.160% when compared to the last year. Credit Agricole Serbia a...
Credit Agricole Serbia has been growing its revenues and asset by 6.32% and 7.72% a year on average in the last 5 years. Its loans and deposits have grown by 10.5% and 9.57% a year during that time and loans to deposits ratio reached 137% at the end of 2017. The company achieved an average return on equity of 1.79% in the last five years with net profit growing 57.1% a year on average. In terms of operating efficiency, its cost to income ratio reached 83.5% in 2017, compared to 88.7% average in the last five years.
Equity represented 9.94% of total assets or 13.1% of loans at the end of 2017. Credit Agricole Serbia's non-performing loans were 7.51% of total loans while provisions covered some 65.1% of NPLs at the end of 2017.
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