By Helgi Library - October 31, 2023
Erste Group Bank made a net profit of EUR 1,052 mil in the third quarter of 2023, up 65.6% when compared to the same period of la...
By Helgi Library - October 31, 2023
Erste Group Bank made a net profit of EUR 1,052 mil in the third quarter of 2023, up 65.6% when compared to the same period of la...
By Helgi Library - October 31, 2023
Erste Group Bank made a net profit of EUR 1,052 mil under revenues of EUR 2,692 mil in the third quarter of 2023, up 65.6% and ...
| Profit Statement |
| Balance Sheet |
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| income statement | Unit | Dec 2001 | Mar 2002 | Jun 2002 | Sep 2002 | Dec 2002 | Mar 2003 | Jun 2003 | Sep 2003 | Dec 2003 | Mar 2004 | Jun 2004 | Sep 2004 | Dec 2004 | Mar 2005 | Jun 2005 | Sep 2005 | Dec 2005 | Mar 2006 | Jun 2006 | Sep 2006 | Dec 2006 | Mar 2007 | Jun 2007 | Sep 2007 | Dec 2007 | Mar 2008 | Jun 2008 | Sep 2008 | Dec 2008 | Mar 2009 | Jun 2009 | Sep 2009 | Dec 2009 | Mar 2010 | Jun 2010 | Sep 2010 | Dec 2010 | Mar 2011 | Jun 2011 | Sep 2011 | Dec 2011 | Mar 2012 | Jun 2012 | Sep 2012 | Dec 2012 | Mar 2013 | Jun 2013 | Sep 2013 | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 |
| growth rates | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Net Interest Income Growth | % | 18.8 | 13.2 | 26.8 | 19.8 | 27.1 |
| ratios | Unit | Dec 2001 | Mar 2002 | Jun 2002 | Sep 2002 | Dec 2002 | Mar 2003 | Jun 2003 | Sep 2003 | Dec 2003 | Mar 2004 | Jun 2004 | Sep 2004 | Dec 2004 | Mar 2005 | Jun 2005 | Sep 2005 | Dec 2005 | Mar 2006 | Jun 2006 | Sep 2006 | Dec 2006 | Mar 2007 | Jun 2007 | Sep 2007 | Dec 2007 | Mar 2008 | Jun 2008 | Sep 2008 | Dec 2008 | Mar 2009 | Jun 2009 | Sep 2009 | Dec 2009 | Mar 2010 | Jun 2010 | Sep 2010 | Dec 2010 | Mar 2011 | Jun 2011 | Sep 2011 | Dec 2011 | Mar 2012 | Jun 2012 | Sep 2012 | Dec 2012 | Mar 2013 | Jun 2013 | Sep 2013 | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 |
| ROTE | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 2.23 | 3.79 | 2.80 | 2.99 | 3.47 | |||||||||||||||
| Return on Loans | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| Costs (As % Of Loans) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Get all company financials in excel:
By Helgi Library - October 31, 2023
Erste Group Bank made a net profit of EUR 1,052 mil under revenues of EUR 2,692 mil in the third quarter of 2023, up 65.6% and 26.7% respectively when compared to the same period last year. Historically, the bank’s net profit reached an all time high of EUR 1...
By Helgi Library - August 23, 2023
Erste Group Bank's customer deposits reached EUR 137,939 mil in 2016-12-31, up 2.98% compared to the previous year. Austrian banking sector accepted customer deposits of EUR 395 bil in 2016-12-31, up 0.573% when compared to the last year. Erste Group Bank...
By Helgi Library - August 23, 2023
Erste Group Bank's customer deposits reached EUR 137,939 mil in 2016-12-31, up 2.98% compared to the previous year. Austrian banking sector accepted customer deposits of EUR 395 bil in 2016-12-31, up 0.573% when compared to the last year. Erste Group Bank...
By Helgi Library - October 31, 2023
Erste Group Bank's capital adequacy ratio reached 18.7% at the end of third quarter of 2023, down from 19.0% when compared to the previous quarter. Historically, the bank’s capital ratio hit an all time high of 20.0% in 4Q2020 and an all time low of 9.40% in 3Q2008...
By Helgi Library - October 31, 2023
Erste Group Bank's capital adequacy ratio reached 18.7% at the end of third quarter of 2023, down from 19.0% when compared to the previous quarter. Historically, the bank’s capital ratio hit an all time high of 20.0% in 4Q2020 and an all time low of 9.40% in 3Q2008...
By Helgi Library - October 31, 2023
Erste Group Bank generated total banking revenues of EUR 2,692 mil in the third quarter of 2023, up 26.7% when compared to the same period of last year and 1.1% when compared to the previous quarter. Historically, the bank’s revenues containing of interest, ...
By Helgi Library - October 31, 2023
Erste Group Bank generated total banking revenues of EUR 2,692 mil in the third quarter of 2023, up 26.7% when compared to the same period of last year and 1.1% when compared to the previous quarter. Historically, the bank’s revenues containing of interest, ...
By Helgi Library - October 31, 2023
Erste Group Bank's cost to income ratio reached 44.7% in the third quarter of 2023, down from 46.2% when compared to the previous quarter. Historically, the bank’s costs reached an all time high of 80.3% of income in 4Q2008 and an all time low of 44.7% in 3Q...
By Helgi Library - October 31, 2023
Erste Group Bank's cost to income ratio reached 44.7% in the third quarter of 2023, down from 46.2% when compared to the previous quarter. Historically, the bank’s costs reached an all time high of 80.3% of income in 4Q2008 and an all time low of 44.7% in 3Q...
By Helgi Library - October 31, 2023
Erste Group Bank's non-performing loans reached 5.52% of total loans at the end of 2023-09-30, up from 5.18% compared to the previous year. Historically, the NPL ratio hit an all time high of 9.69% in 2013-06-30 and an all time low of 4.01% in 2007-06-30. P...
Erste Group Bank is the second largest commercial bank in Austria. The Group was founded in 1819 as the first Austrian savings bank. In 1997, Erste Group went public with a strategy to expand its retail business into Central and Eastern Europe (CEE). Since then Erste Group's customer base has grown through numerous acquisitions and organic growth from 600,000 to around 16.4 million. With 2,900 branches and 46,000 employees, Erste Group is today one of the largest financial services providers in the Eastern part of EU in terms of clients and total assets. It is the largest retail bank in the Czech Republic, Slovakia and Romania and is among the TOP5 players in number of other countries such as Hungary, or Croatia
Erste Group Bank has been growing its revenues and asset by 0.985% and 4.24% a year on average in the last 10 years. Its loans and deposits have grown by 4.98% and 6.17% a year during that time and loans to deposits ratio reached 90.2% at the end of 2022. The company achieved an average return on equity of 7.29% in the last decade with net profit growing 11.8% a year on average. In terms of operating efficiency, its cost to income ratio reached 53.4% in 2022, compared to 59.1% average in the last decade.
Equity represented 7.81% of total assets or 12.5% of loans at the end of 2022. Erste Group Bank's non-performing loans were 5.44% of total loans while provisions covered some 34.4% of NPLs at the end of 2022.
Erste Group Bank stock traded at per share at the end of 2022 resulting in a market capitalization of . Over the previous three years, stock price rose by 0% or 0% a year on average. That’s compared to an average ROE of 8.36% the bank generated for its shareholders. This closing price put stock at a 12-month trailing price to earnings (PE) of 5.90x and price to book value (PBV) of 0.661x in 2022.
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