By Helgi Library - May 31, 2018
Garanti Bank Romania made a net profit of RON 130 mil in 2017, up 437% compared to the previous year. This implies a return on e...
By Helgi Library - May 31, 2018
Garanti Bank Romania made a net profit of RON 130 mil in 2017, up 437% compared to the previous year. This implies a return on e...
By Helgi Library - July 16, 2018
Garanti Bank Romania's customer deposits reached RON 7,667 mil in 2017, up 22.8% compared to the previous year. Romanian bankin...
| Profit Statement | 2015 | 2016 | 2017 | |
| Net Interest Income | RON mil | 300 | 307 | 303 |
| Net Fee Income | RON mil | 34.6 | 30.1 | 29.8 |
| Other Income | RON mil | 51.5 | 112 | 93.9 |
| Total Revenues | RON mil | 386 | 449 | 427 |
| Staff Cost | RON mil | 90.6 | 114 | 112 |
| Operating Profit | RON mil | 140 | 186 | 154 |
| Provisions | RON mil | 96.0 | 224 | 17.8 |
| Net Profit | RON mil | 43.9 | -38.5 | 130 |
| Balance Sheet | 2015 | 2016 | 2017 | |
| Interbank Loans | RON mil | 52.7 | 82.5 | 63.1 |
| Customer Loans | RON mil | 6,152 | 6,318 | 6,990 |
| Total Assets | RON mil | 9,579 | 8,960 | 9,985 |
| Shareholders' Equity | RON mil | 1,052 | 1,101 | 1,234 |
| Interbank Borrowing | RON mil | 2,043 | 951 | 290 |
| Customer Deposits | RON mil | 5,725 | 6,242 | 7,667 |
| Issued Debt Securities | RON mil | 309 | 309 | 310 |
| Ratios | 2015 | 2016 | 2017 | |
| ROE | % | 4.27 | -3.58 | 11.1 |
| ROA | % | 0.494 | -0.415 | 1.37 |
| Costs (As % Of Assets) | % | 2.76 | 2.84 | 2.88 |
| Costs (As % Of Income) | % | 63.7 | 58.6 | 63.8 |
| Capital Adequacy Ratio | % | 12.4 | 14.8 | 16.5 |
| Net Interest Margin | % | 3.37 | 3.31 | 3.20 |
| Loans (As % Of Deposits) | % | 107 | 101 | 91.2 |
| NPLs (As % Of Loans) | % | 11.2 | 9.88 | 6.03 |
| Provisions (As % Of NPLs) | % | 63.2 | 57.8 | 59.1 |
| Growth Rates | 2015 | 2016 | 2017 | |
| Total Revenue Growth | % | -9.49 | 16.3 | -4.81 |
| Operating Cost Growth | % | 5.59 | 6.90 | 3.74 |
| Operating Profit Growth | % | -27.6 | 32.9 | -16.9 |
| Net Profit Growth | % | 3,495 | -188 | -437 |
| Customer Loan Growth | % | 15.6 | 2.70 | 10.6 |
| Total Asset Growth | % | 16.5 | -6.46 | 11.4 |
| Customer Deposit Growth | % | 39.9 | 9.02 | 22.8 |
| Shareholders' Equity Growth | % | 4.65 | 4.67 | 12.1 |
| Employees | ... | 1,033 | 1,049 | |
Get all company financials in excel:
| summary | Unit | 2013 | 2014 | 2015 | 2016 | 2017 |
| income statement | ||||||
| Net Interest Income | RON mil | 272 | 263 | 300 | ||
| Total Revenues | RON mil | 412 | 426 | 386 | ||
| Operating Profit | RON mil | 189 | 193 | 140 | ||
| Net Profit | RON mil | 90.5 | 1.22 | 43.9 | ||
| balance sheet | ||||||
| Interbank Loans | RON mil | 18.4 | 57.3 | 52.7 | ||
| Customer Loans | RON mil | 4,821 | 5,322 | 6,152 | ||
| Debt Securities | RON mil | 882 | 972 | 1,357 | ||
| Total Assets | RON mil | 7,852 | 8,225 | 9,579 | ||
| Shareholders' Equity | RON mil | 988 | 1,005 | 1,052 | ||
| Interbank Borrowing | RON mil | 3,407 | 2,198 | 2,043 | ||
| Customer Deposits | RON mil | 2,464 | 4,094 | 5,725 | ||
| Issued Debt Securities | RON mil | 0 | 308 | 309 | ||
| ratios | ||||||
| ROE | % | 9.16 | 0.123 | 4.27 | ||
| ROA | % | 1.15 | 0.015 | 0.494 | ||
| Costs (As % Of Assets) | % | 2.84 | 2.90 | 2.76 | ||
| Costs (As % Of Income) | % | 54.1 | 54.6 | 63.7 | ||
| Capital Adequacy Ratio | % | ... | 13.2 | 12.4 | ||
| Net Interest Margin | % | 3.46 | 3.27 | 3.37 | ||
| Interest Income (As % Of Revenues) | % | 66.0 | 61.7 | 77.7 | ||
| Fee Income (As % Of Revenues) | % | 6.29 | 7.63 | 8.97 | ||
| Staff Cost (As % Of Total Cost) | % | ... | 37.1 | 36.8 | ||
| Equity (As % Of Assets) | % | 12.6 | 12.2 | 11.0 | ||
| Loans (As % Of Deposits) | % | 196 | 130 | 107 | ||
| Loans (As % Assets) | % | 61.4 | 64.7 | 64.2 | ||
| NPLs (As % Of Loans) | % | ... | 11.9 | 11.2 | ||
| Provisions (As % Of NPLs) | % | ... | 72.9 | 63.2 | ||
| valuation | ||||||
| Book Value Per Share Growth | % | ... | -3.31 | 13.9 |
| income statement | Unit | 2013 | 2014 | 2015 | 2016 | 2017 |
| income statement | ||||||
| Interest Income | RON mil | 429 | 411 | 408 | ||
| Interest Cost | RON mil | 157 | 148 | 108 | ||
| Net Interest Income | RON mil | 272 | 263 | 300 | ||
| Net Fee Income | RON mil | 25.9 | 32.5 | 34.6 | ||
| Other Income | RON mil | 114 | 131 | 51.5 | ||
| Total Revenues | RON mil | 412 | 426 | 386 | ||
| Staff Cost | RON mil | ... | 86.5 | 90.6 | ||
| Depreciation | RON mil | ... | 29.3 | 29.1 | ||
| Other Cost | RON mil | ... | 117 | 126 | ||
| Operating Cost | RON mil | 223 | 233 | 246 | ||
| Operating Profit | RON mil | 189 | 193 | 140 | ||
| Provisions | RON mil | 107 | 192 | 96.0 | ||
| Extra and Other Cost | RON mil | 0 | < -0.001 | 0 | ||
| Pre-Tax Profit | RON mil | 81.8 | 1.57 | 43.9 | ||
| Tax | RON mil | -8.64 | 0.352 | 0 | ||
| Minorities | RON mil | 0 | 0 | 0 | ||
| Net Profit | RON mil | 90.5 | 1.22 | 43.9 | ||
| growth rates | ||||||
| Net Interest Income Growth | % | ... | -3.31 | 13.9 | ||
| Net Fee Income Growth | % | ... | 25.5 | 6.52 | ||
| Total Revenue Growth | % | ... | 3.48 | -9.49 | ||
| Operating Cost Growth | % | ... | 4.48 | 5.59 | ||
| Operating Profit Growth | % | ... | 2.31 | -27.6 | ||
| Pre-Tax Profit Growth | % | ... | -98.1 | 2,691 | ||
| Net Profit Growth | % | ... | -98.6 | 3,495 | ||
| market share | ||||||
| Market Share in Employees | % | ... | ... | ... | ... |
| balance sheet | Unit | 2013 | 2014 | 2015 | 2016 | 2017 |
| balance sheet | ||||||
| Cash | RON mil | 1,758 | 1,477 | 1,633 | ||
| Interbank Loans | RON mil | 18.4 | 57.3 | 52.7 | ||
| Customer Loans | RON mil | 4,821 | 5,322 | 6,152 | ||
| Retail Loans | RON mil | ... | 2,624 | 2,591 | ||
| Corporate Loans | RON mil | ... | 2,699 | 3,561 | ||
| Debt Securities | RON mil | 882 | 972 | 1,357 | ||
| Fixed Assets | RON mil | 307 | 307 | 289 | ||
| Total Assets | RON mil | 7,852 | 8,225 | 9,579 | ||
| Shareholders' Equity | RON mil | 988 | 1,005 | 1,052 | ||
| Of Which Minority Interest | RON mil | ... | ... | 0 | ||
| Liabilities | RON mil | 6,864 | 7,220 | 8,527 | ||
| Interbank Borrowing | RON mil | 3,407 | 2,198 | 2,043 | ||
| Customer Deposits | RON mil | 2,464 | 4,094 | 5,725 | ||
| Retail Deposits | RON mil | ... | 808 | 1,019 | ||
| Corporate Deposits | RON mil | ... | 3,286 | 4,706 | ||
| Sight Deposits | RON mil | ... | 571 | 901 | ||
| Term Deposits | RON mil | ... | 3,523 | 4,825 | ||
| Issued Debt Securities | RON mil | 0 | 308 | 309 | ||
| Other Liabilities | RON mil | 993 | 621 | 450 | ||
| asset quality | ||||||
| Non-Performing Loans | RON mil | ... | 692 | 743 | ||
| Gross Loans | RON mil | ... | 5,827 | 6,621 | ||
| Total Provisions | RON mil | ... | 505 | 469 | ||
| growth rates | ||||||
| Customer Loan Growth | % | ... | 10.4 | 15.6 | ||
| Retail Loan Growth | % | ... | ... | -1.24 | ||
| Corporate Loan Growth | % | ... | ... | 31.9 | ||
| Total Asset Growth | % | ... | 4.75 | 16.5 | ||
| Shareholders' Equity Growth | % | ... | 1.68 | 4.65 | ||
| Customer Deposit Growth | % | ... | 66.2 | 39.9 | ||
| Retail Deposit Growth | % | ... | ... | 26.1 | ||
| Corporate Deposit Growth | % | ... | ... | 43.2 | ||
| market share | ||||||
| Market Share in Customer Loans | % | 2.21 | 2.52 | 2.83 | ||
| Market Share in Corporate Loans | % | ... | 2.56 | 3.40 | ||
| Market Share in Consumer Loans | % | ... | 2.57 | 2.40 | ||
| Market Share in Total Assets | % | 2.17 | 2.26 | 2.54 | ||
| Market Share in Customer Deposits | % | 1.14 | 1.75 | 2.26 | ||
| Market Share in Retail Deposits | % | ... | 0.586 | 0.694 | ||
| Market Share in Corporate Deposits | % | ... | 4.09 | 5.15 |
| ratios | Unit | 2013 | 2014 | 2015 | 2016 | 2017 |
| ratios | ||||||
| ROE | % | 9.16 | 0.123 | 4.27 | ||
| ROA | % | 1.15 | 0.015 | 0.494 | ||
| Costs (As % Of Assets) | % | 2.84 | 2.90 | 2.76 | ||
| Costs (As % Of Income) | % | 54.1 | 54.6 | 63.7 | ||
| Capital Adequacy Ratio | % | ... | 13.2 | 12.4 | ||
| Tier 1 Ratio | % | ... | 13.2 | 12.4 | ||
| Net Interest Margin | % | 3.46 | 3.27 | 3.37 | ||
| Interest Spread | % | ... | 3.01 | 3.21 | ||
| Asset Yield | % | 5.47 | 5.12 | 4.58 | ||
| Cost Of Liabilities | % | ... | 2.11 | 1.38 | ||
| Interest Income (As % Of Revenues) | % | 66.0 | 61.7 | 77.7 | ||
| Fee Income (As % Of Revenues) | % | 6.29 | 7.63 | 8.97 | ||
| Other Income (As % Of Revenues) | % | 27.7 | 30.7 | 13.4 | ||
| Cost Per Employee | USD per month | ... | ... | ... | ||
| Cost Per Employee (Local Currency) | RON per month | ... | ... | ... | ||
| Staff Cost (As % Of Total Cost) | % | ... | 37.1 | 36.8 | ||
| Equity (As % Of Assets) | % | 12.6 | 12.2 | 11.0 | ||
| Loans (As % Of Deposits) | % | 196 | 130 | 107 | ||
| Loans (As % Assets) | % | 61.4 | 64.7 | 64.2 | ||
| NPLs (As % Of Loans) | % | ... | 11.9 | 11.2 | ||
| Provisions (As % Of NPLs) | % | ... | 72.9 | 63.2 | ||
| Provisions (As % Of Loans) | % | ... | 9.49 | 7.63 | ||
| Cost of Provisions (As % Of Loans) | % | 2.22 | 3.78 | 1.67 |
| other data | Unit | 2013 | 2014 | 2015 | 2016 | 2017 |
| other data | ||||||
| Branches | ... | 84.0 | 84.0 | |||
| Employees | ... | ... | ... | |||
| ATMs | ... | ... | 304 | ... | ... | |
| Sight (As % Of Customer Deposits) | % | ... | 14.0 | 15.7 |
Get all company financials in excel:
By Helgi Library - July 16, 2018
Garanti Bank Romania's customer loans reached RON 6,990 mil in 2017, up 10.6% compared to the previous year. Romanian banking sector provided customer loans of RON 233 bil in 2017, up 5.70% when compared to the last year. Garanti Bank Romania accounted fo...
By Helgi Library - July 16, 2018
Garanti Bank Romania's customer deposits reached RON 7,667 mil in 2017, up 22.8% compared to the previous year. Romanian banking sector accepted customer deposits of RON 303 bil in 2017, up 10.4% when compared to the last year. Garanti Bank Romania accoun...
By Helgi Library - July 16, 2018
Garanti Bank Romania's customer loans reached RON 6,990 mil in 2017, up 10.6% compared to the previous year. Romanian banking sector provided customer loans of RON 233 bil in 2017, up 5.70% when compared to the last year. Garanti Bank Romania accounted fo...
By Helgi Library - May 31, 2018
Garanti Bank Romania generated total banking revenues of RON 427 mil in 2017, down 4.81% 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 RON 449 mil in 2016 a...
By Helgi Library - May 31, 2018
Garanti Bank Romania generated total banking revenues of RON 427 mil in 2017, down 4.81% 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 RON 449 mil in 2016 a...
Garanti Bank Romania has been growing its revenues and asset by 0.076% and 6.68% a year on average in the last 3 years. Its loans and deposits have grown by 9.51% and 23.3% a year during that time and loans to deposits ratio reached 91.2% at the end of 2017. The company achieved an average return on equity of 3.94% in the last three years with net profit growing 374% a year on average. In terms of operating efficiency, its cost to income ratio reached 63.8% in 2017, compared to 62.0% average in the last three years.
Equity represented 12.4% of total assets or 17.7% of loans at the end of 2017. Garanti Bank Romania's non-performing loans were 6.03% of total loans while provisions covered some 59.1% of NPLs at the end of 2017.
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