By Helgi Library - October 3, 2021
FCM Bank made a net profit of EUR 3.87 mil under revenues of EUR 10.0 mil in 2023, up 20.8% and 17.2% respectively compared to the pr...
By Helgi Library - October 3, 2021
FCM Bank's net interest margin amounted to 2.05% in 2023, down from 2.23% compared to the previous year. Historically, the...
By Helgi Library - October 3, 2021
FCM Bank generated total banking revenues of EUR 10.0 mil in 2023, up 17.2% compared to the previous year. Historically, ...
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By Helgi Library - October 3, 2021
FCM Bank's customer loan growth reached 18.8% in 2023, down from 74.7% compared to the previous year. Historically, the bank’s loans growth reached an all time high of 899% in 2019 and an all time low of 18.8% in 2023. In the last decade, the average annu...
FCM Bank has been growing its revenues and asset by 54.9% and 60.4% a year on average in the last 3 years. Its loans and deposits have grown by 89.7% and 61.2% a year during that time and loans to deposits ratio reached 85.7% at the end of 2023. The company achieved an average return on equity of 6.09% in the last three years with net profit growing 112% a year on average. In terms of operating efficiency, its cost to income ratio reached 58.3% in 2023, compared to 65.1% average in the last three years.
Equity represented 10.6% of total assets or 16.8% of loans at the end of 2023. FCM Bank's non-performing loans were 4.47% of total loans while provisions covered some 5.56% of NPLs at the end of 2023.
FCM Bank stock traded at per share at the end of 2023 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 6.09% the bank generated for its shareholders. This closing price put stock at a 12-month trailing price to earnings (PE) of 6.40x and price to book value (PBV) of 0.492x in 2023.
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