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Gazprombank

Gazprombank's capital adequacy ratio rose 12.7% yoy to 15.1% in 1Q2019

By Helgi Library - August 17, 2019

Gazprombank's capital adequacy ratio reached 15.1% at the end of first quarter of 2019, up from 12.4% when compared to the previo...

Gazprombank's capital adequacy ratio rose 12.7% yoy to 15.1% in 1Q2019

By Helgi Library - August 17, 2019

Gazprombank's capital adequacy ratio reached 15.1% at the end of first quarter of 2019, up from 12.4% when compared to the previo...

Gazprombank's corporate loans rose 21.0% yoy to RUB 3,915 bil in 1Q2019

By Helgi Library - August 17, 2019

Gazprombank's loans reached RUB 3,915 bil in the first quarter of 2019, down from RUB 4,132 bil when compared to the previou...

Profit Statement 2016 2017 2018
Net Interest Income RUB bil 122 132 139
Net Fee Income RUB bil 14.6 15.7 18.4
Other Income RUB bil 19.6 6.77 -1.38
Total Revenues RUB bil 156 154 156
Staff Cost RUB bil 38.5 41.1 50.7
Operating Profit RUB bil 83.5 75.1 57.4
Provisions RUB bil 30.1 26.5 6.76
Net Profit RUB bil 31.2 33.8 39.5
Balance Sheet 2016 2017 2018
Interbank Loans RUB bil 65.3 86.0 97.2
Customer Loans RUB bil 3,248 3,581 4,035
Total Assets RUB bil 4,879 5,534 6,532
Shareholders' Equity RUB bil 495 577 617
Interbank Borrowing RUB bil 378 307 406
Customer Deposits RUB bil 3,331 3,915 4,813
Issued Debt Securities RUB bil 500 504 546
Ratios 2016 2017 2018
ROE % 6.08 6.31 6.63
ROA % 0.623 0.650 0.655
Costs (As % Of Assets) % 1.45 1.51 1.63
Costs (As % Of Income) % 46.5 51.2 63.1
Capital Adequacy Ratio % 13.5 13.1 12.4
Net Interest Margin % 2.44 2.53 2.30
Loans (As % Of Deposits) % 97.5 91.4 83.8
NPLs (As % Of Loans) % 2.74 2.29 2.47
Provisions (As % Of NPLs) % 256 210 201
Growth Rates 2016 2017 2018
Total Revenue Growth % -14.3 -1.50 1.15
Operating Cost Growth % -19.0 8.32 24.8
Operating Profit Growth % -9.82 -10.0 -23.6
Net Profit Growth % -165 8.57 16.9
Customer Loan Growth % 1.47 10.2 12.7
Total Asset Growth % -4.74 13.4 18.0
Customer Deposit Growth % 1.50 17.6 22.9
Shareholders' Equity Growth % -6.77 16.6 6.92
Employees ... ... ...

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summary Unit 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
income statement                                      
Net Interest Income RUB bil                         61.1 84.7 96.6 96.1 122    
Total Revenues RUB bil                         117 126 130 182 156    
Operating Profit RUB bil                         53.4 58.1 56.6 92.6 83.5    
Net Profit RUB bil                         31.3 32.1 -13.7 -47.7 31.2    
balance sheet                                      
Interbank Loans RUB bil                         6.57 7.35 7.92 51.2 65.3    
Customer Loans RUB bil                         1,758 2,356 3,023 3,201 3,248    
Debt Securities RUB bil                         473 583 399 640 427    
Total Assets RUB bil                         2,841 3,647 4,769 5,122 4,879    
Shareholders' Equity RUB bil                         363 403 439 530 495    
Interbank Borrowing RUB bil                         304 430 586 449 378    
Customer Deposits RUB bil                         1,743 2,261 2,868 3,282 3,331    
Issued Debt Securities RUB bil                         320 438 693 677 500    
ratios                                      
ROE %                         10.3 8.37 -3.25 -9.85 6.08    
ROA %                         1.18 0.988 -0.326 -0.965 0.623    
Costs (As % Of Assets) %                         2.38 2.11 1.74 1.82 1.45    
Costs (As % Of Income) %                         54.2 54.1 56.4 49.2 46.5    
Capital Adequacy Ratio % ... ... ... ...                 13.9 13.2 12.4 14.2 13.5    
Net Interest Margin %                         2.30 2.61 2.30 1.94 2.44    
Interest Income (As % Of Revenues) %                         52.4 67.0 74.4 52.6 78.1    
Fee Income (As % Of Revenues) %                         10.4 9.70 11.1 8.72 9.36    
Staff Cost (As % Of Total Cost) %                         51.8 50.7 41.0 43.4 52.9    
Equity (As % Of Assets) %                         12.8 11.1 9.21 10.4 10.1    
Loans (As % Of Deposits) %                         101 104 105 97.5 97.5    
Loans (As % Assets) %                         61.9 64.6 63.4 62.5 66.6    
NPLs (As % Of Loans) % ... ... ... ...                 1.16 0.905 1.20 2.24 2.74    
Provisions (As % Of NPLs) % ... ... ... ...                 311 357 428 435 256    
valuation                                      
Book Value Per Share Growth % ...                       5.01 38.6 14.0 -0.580 27.1    
income statement Unit 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
income statement                                      
Interest Income RUB bil                         176 213 270 371 380    
Interest Cost RUB bil                         115 128 173 275 258    
Net Interest Income RUB bil                         61.1 84.7 96.6 96.1 122    
Net Fee Income RUB bil                         12.1 12.3 14.4 15.9 14.6    
Other Income RUB bil                         43.3 29.5 18.8 70.5 19.6    
Total Revenues RUB bil                         117 126 130 182 156    
Staff Cost RUB bil                         32.7 34.7 30.0 39.0 38.5    
Depreciation RUB bil                         18.0 21.7 24.3 28.3 0    
Other Cost RUB bil                         12.5 12.0 18.9 22.5 34.3    
Operating Cost RUB bil                         63.2 68.4 73.2 89.8 72.8    
Operating Profit RUB bil                         53.4 58.1 56.6 92.6 83.5    
Provisions RUB bil                         18.9 23.3 54.2 140 30.1    
Extra and Other Cost RUB bil                         -8.54 -8.80 2.46 -2.91 0    
Pre-Tax Profit RUB bil                         43.0 43.6 < -0.001 -44.0 53.4    
Tax RUB bil                         12.1 10.5 9.91 -5.67 24.4    
Minorities RUB bil                         -0.448 0.980 2.85 9.39 -2.14    
Net Profit RUB bil                         31.3 32.1 -13.7 -47.7 31.2    
Dividends RUB bil                         5.93 6.42 1.16 ... ... ... ...
growth rates                                      
Net Interest Income Growth % ...                       5.01 38.6 14.0 -0.580 27.1    
Net Fee Income Growth % ...                       -44.6 1.19 17.2 10.7 -8.10    
Total Revenue Growth % ...                       3.75 8.48 2.67 40.5 -14.3    
Operating Cost Growth % ...                       42.8 8.20 7.05 22.7 -19.0    
Operating Profit Growth % ...                       -21.7 8.80 -2.49 63.6 -9.82    
Pre-Tax Profit Growth % ...                       -20.2 1.29 -100 4,661,130 -221    
Net Profit Growth % ...                       -25.8 2.34 -143 248 -165    
market share                                      
Market Share in Revenues % ... ... ... ...                 2.94 2.79 2.16 2.73 1.19   ...
Market Share in Net Profit % ... ... ... ...         ...       3.97 4.42 ... ... 4.75   ...
Market Share in Employees % ... ... ... ... ... ... ... ... ... ... ... ... ... ... 1.42 ... ... ... ...
Market Share in Bank Cards % ... ... ... ... ... ... ...           ... ... ... ... ...   ...
balance sheet Unit 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
balance sheet                                      
Cash RUB bil                         460 548 863 658 505    
Interbank Loans RUB bil                         6.57 7.35 7.92 51.2 65.3    
Customer Loans RUB bil                         1,758 2,356 3,023 3,201 3,248    
Retail Loans RUB bil ... ...                     288 210 330 314 329    
Mortgage Loans RUB bil ... ... ... ... ... ...             147 196 224 222 235    
Consumer Loans RUB bil ... ... ... ... ... ...             44.2 64.6 80.3 75.6 94.4    
Corporate Loans RUB bil ... ...                     1,551 2,074 2,847 3,198 3,175    
Debt Securities RUB bil                         473 583 399 640 427    
Fixed Assets RUB bil                         129 139 195 220 215    
Total Assets RUB bil                         2,841 3,647 4,769 5,122 4,879    
Shareholders' Equity RUB bil                         363 403 439 530 495    
Of Which Minority Interest RUB bil                         3.70 5.59 14.0 20.6 -5.40    
Liabilities RUB bil                         2,478 3,244 4,330 4,592 4,385    
Interbank Borrowing RUB bil                         304 430 586 449 378    
Customer Deposits RUB bil                         1,743 2,261 2,868 3,282 3,331    
Retail Deposits RUB bil                         315 393 492 659 678    
Corporate Deposits RUB bil                         727 840 1,069 1,353 1,437    
Sight Deposits RUB bil ... ... ... ... ... ... ... ... ... ... ... ... ... ... 1,283 1,638 676    
Term Deposits RUB bil ... ... ... ... ... ... ... ... ... ... ... ... ... ... 1,471 1,592 2,655    
Issued Debt Securities RUB bil                         320 438 693 677 500    
Other Liabilities RUB bil                         111 115 183 184 175    
asset quality                                      
Non-Performing Loans RUB bil ... ... ... ...                 21.1 22.0 36.2 71.7 95.5    
Gross Loans RUB bil                         1,823 2,435 3,023 3,201 3,493    
Total Provisions RUB bil                         65.8 78.7 155 312 245    
growth rates                                      
Customer Loan Growth % ...                       25.9 34.0 28.3 5.88 1.47    
Retail Loan Growth % ... ... ...                   102 -26.9 57.1 -4.85 4.69    
Mortgage Loan Growth % ... ... ... ... ... ... ...           43.4 33.3 14.6 -1.08 5.77    
Consumer Loan Growth % ... ... ... ... ... ... ...           68.8 46.2 24.3 -5.75 24.9    
Corporate Loan Growth % ... ... ...                   18.3 33.7 37.3 12.3 -0.726    
Total Asset Growth % ...                       14.7 28.4 30.8 7.42 -4.74    
Shareholders' Equity Growth % ...                       49.6 10.9 8.91 20.8 -6.77    
Customer Deposit Growth % ...                       21.9 29.7 26.8 14.4 1.50    
Retail Deposit Growth % ... ... ... ... ...               18.4 24.7 25.1 33.9 2.98    
Corporate Deposit Growth % ... ... ... ... ...               8.86 15.6 27.3 26.5 6.22    
market share                                      
Market Share in Customer Loans %                         5.88 6.63 6.65 6.51 6.95   ...
Market Share in Corporate Loans % ... ... ... ... ... ... ... ... ... ...     8.34 9.81 10.4 10.5 11.6   ...
Market Share in Retail Loans % ... ... ... ... ... ... ... ...         0.771 0.883 1.03 1.13 1.50   ...
Market Share in Consumer Loans % ... ... ... ...                 3.72 2.11 2.92 2.94 3.05   ...
Market Share in Mortgage Loans % ... ... ... ... ... ... ... ...         7.35 7.39 6.36 5.57 5.23   ...
Market Share in Total Assets % ... ... ... ...                 6.09 6.73 6.53 6.66 6.60   ...
Market Share in Customer Deposits % ... ... ... ...                 8.48 9.49 9.12 8.76 9.47   ...
Market Share in Retail Deposits % ... ... ... ...                 2.21 2.32 2.65 2.84 2.80   ...
Market Share in Corporate Deposits % ... ... ... ...                 7.55 7.75 6.29 7.11 8.77   ...
ratios Unit 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
ratios                                      
ROE %                         10.3 8.37 -3.25 -9.85 6.08    
ROA %                         1.18 0.988 -0.326 -0.965 0.623    
Costs (As % Of Assets) %                         2.38 2.11 1.74 1.82 1.45    
Costs (As % Of Income) %                         54.2 54.1 56.4 49.2 46.5    
Capital Adequacy Ratio % ... ... ... ...                 13.9 13.2 12.4 14.2 13.5    
Tier 1 Ratio % ... ... ... ...                 11.0 9.90 9.20 10.2 9.99    
Net Interest Margin %                         2.30 2.61 2.30 1.94 2.44    
Interest Spread % ...                       1.74 2.08 1.84 1.34 1.85    
Asset Yield %                         6.61 6.57 6.41 7.50 7.60    
Cost Of Liabilities % ...                       4.86 4.49 4.57 6.16 5.75    
Payout Ratio %                         18.9 20.0 -8.48 ... ... ... ...
Interest Income (As % Of Revenues) %                         52.4 67.0 74.4 52.6 78.1    
Fee Income (As % Of Revenues) %                         10.4 9.70 11.1 8.72 9.36    
Other Income (As % Of Revenues) %                         37.2 23.3 14.5 38.6 12.6    
Cost Per Employee USD per month         ... ... ... ... ... ... ... ... ... 7,144 3,962 ... ... ... ...
Cost Per Employee (Local Currency) RUB per month         ... ... ... ... ... ... ... ... ... 227,605 185,451 ... ... ... ...
Staff Cost (As % Of Total Cost) %                         51.8 50.7 41.0 43.4 52.9    
Equity (As % Of Assets) %                         12.8 11.1 9.21 10.4 10.1    
Loans (As % Of Deposits) %                         101 104 105 97.5 97.5    
Loans (As % Assets) %                         61.9 64.6 63.4 62.5 66.6    
NPLs (As % Of Loans) % ... ... ... ...                 1.16 0.905 1.20 2.24 2.74    
Provisions (As % Of NPLs) % ... ... ... ...                 311 357 428 435 256    
Provisions (As % Of Loans) %                         3.74 3.34 5.11 9.74 7.54    
Cost of Provisions (As % Of Loans) %                         1.20 1.13 2.01 4.48 0.934    
other data Unit 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
other data                                      
Branches ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...  
Employees         ... ... ... ... ... ... ... ... ... 12,700 13,500 ... ... ... ...
ATMs ... ... ... ... ... ... ...           5,090 5,859 5,900 ... ...   ...
Payment Cards '000 ... ... ... ... ... ... ...           ... ... ... ... ...   ...
Sight (As % Of Customer Deposits) % ... ... ... ... ... ... ... ... ... ... ... ... ... ... 44.7 49.9 20.3    
Risk-Weighted Assets RUB bil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 4,583   ...

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Gazprombank's corporate loans rose 21.0% yoy to RUB 3,915 bil in 1Q2019

By Helgi Library - August 17, 2019

Gazprombank's loans reached RUB 3,915 bil in the first quarter of 2019, down from RUB 4,132 bil when compared to the previous quarter and up from RUB 3,646 bil when compared to the same period of last year. Historically, the bank’s loans reached an ...

Gazprombank's net profit fell 9.89% yoy to RUB 13.5 bil in 1Q2019

By Helgi Library - August 17, 2019

Gazprombank made a net profit of RUB 13.5 bil under revenues of RUB 51.4 bil in the first quarter of 2019, down 9.89% and up 39.1% respectively when compared to the same period last year. Historically, the bank’s net profit reached an all time high of ...

Gazprombank's net profit fell 9.89% yoy to RUB 13.5 bil in 1Q2019

By Helgi Library - August 17, 2019

Gazprombank made a net profit of RUB 13.5 bil under revenues of RUB 51.4 bil in the first quarter of 2019, down 9.89% and up 39.1% respectively when compared to the same period last year. Historically, the bank’s net profit reached an all time high of ...

Gazprombank's npls (as % of loans) rose 7.16% yoy to 2.68% in 1Q2019

By Helgi Library - August 17, 2019

Gazprombank's non-performing loans reached 2.68% of total loans at the end of 2019-03-31, up from 2.51% compared to the previous year. Historically, the NPL ratio hit an all time high of 3.26% in 2017-06-30 and an all time low of 2.24% in 2015-12-31. Provis...

Gazprombank's npls (as % of loans) rose 7.16% yoy to 2.68% in 1Q2019

By Helgi Library - August 17, 2019

Gazprombank's non-performing loans reached 2.68% of total loans at the end of 2019-03-31, up from 2.51% compared to the previous year. Historically, the NPL ratio hit an all time high of 3.26% in 2017-06-30 and an all time low of 2.24% in 2015-12-31. Provis...

Gazprombank's net interest margin rose 4.54% yoy to 2.25% in 1Q2019

By Helgi Library - August 17, 2019

Gazprombank's net interest margin amounted to 2.25% in the first quarter of 2019, up from 2.19% when compared to the previous quarter. Historically, the bank’s net interest margin reached an all time high of 2.70% in 4Q2017 and an all time low of 2.15% ...

Gazprombank's net interest margin rose 4.54% yoy to 2.25% in 1Q2019

By Helgi Library - August 17, 2019

Gazprombank's net interest margin amounted to 2.25% in the first quarter of 2019, up from 2.19% when compared to the previous quarter. Historically, the bank’s net interest margin reached an all time high of 2.70% in 4Q2017 and an all time low of 2.15% ...

Gazprombank's net interest income rose 13.6% yoy to RUB 35.7 bil in 1Q2019

By Helgi Library - August 17, 2019

Gazprombank generated total banking revenues of RUB 51.4 bil in the first quarter of 2019, up 39.1% when compared to the same period of last year and 27.2% when compared to the previous quarter. Historically, the bank’s revenues containing of interest, fe...

Gazprombank's net interest income rose 13.6% yoy to RUB 35.7 bil in 1Q2019

By Helgi Library - August 17, 2019

Gazprombank generated total banking revenues of RUB 51.4 bil in the first quarter of 2019, up 39.1% when compared to the same period of last year and 27.2% when compared to the previous quarter. Historically, the bank’s revenues containing of interest, fe...

Gazprombank's equity (as % of assets) rose 25.0% yoy to 11.6% in 1Q2019

By Helgi Library - October 7, 2019

Gazprombank's Equity reached 13.0% of total assets in the 1Q2019, down from 13.1% for the previous year. As a share of net customer loans, the ratio amounted to 21.0% at the end of the first quarter of 2019. ...

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Gamzprombank OAO is a Russia-based commercial bank. It is the third largest Bank in the country. The Bank provides banking services and products to retail and corporate customers such as private banking, cash settlements, money transfers, consulting services, deposits, travel checks, cards issuance, corporate finance services, finance advisory, M&A buy-side and sell-side consulting, capital markets consulting, joint ventures consulting, etc. Further, the Company is engaged in TV and radio broadcasting, publishing, and distribution activities; and produces nuclear power plant, machinery, manufacturing, and mining equipment. At the end of 2014, the bank operated more than 350 branches and 5,900 ATMs and employed more than 13,000 people. The Bank was founded in 1990 and is based in Moscow, the Russian Federation

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Finance

Gazprombank has been growing its revenues and asset by % and 13.4% a year on average in the last 10 years. Its loans and deposits have grown by 20.4% and 22.3% a year during that time and loans to deposits ratio reached 83.8% at the end of 2018. The company achieved an average return on equity of 10.4% in the last decade with net profit growing % a year on average. In terms of operating efficiency, its cost to income ratio reached 63.1% in 2018, compared to 47.8% average in the last decade.

Equity represented 9.44% of total assets or 15.3% of loans at the end of 2018. Gazprombank's non-performing loans were 2.47% of total loans while provisions covered some 201% of NPLs at the end of 2018.