By Helgi Library - September 22, 2018
Gorenjska Banka's mortgage loans reached EUR 98.8 mil in 2017, up 11.1% compared to the previous year. Slovenian banking sector...
By Helgi Library - September 22, 2018
Gorenjska Banka's mortgage loans reached EUR 98.8 mil in 2017, up 11.1% compared to the previous year. Slovenian banking sector...
By Helgi Library - September 22, 2018
Gorenjska Banka's customer deposits reached EUR 1,477 mil in 2017, up 20.5% compared to the previous year. Slovenian banking se...
| Profit Statement | 2015 | 2016 | 2017 | |
| Net Interest Income | EUR mil | 30.4 | 27.8 | 33.0 |
| Net Fee Income | EUR mil | 11.3 | 9.63 | 11.3 |
| Other Income | EUR mil | 2.26 | 8.18 | 10.3 |
| Total Revenues | EUR mil | 44.0 | 45.7 | 54.6 |
| Staff Cost | EUR mil | 14.4 | 16.2 | 17.8 |
| Operating Profit | EUR mil | 17.4 | 17.1 | 23.8 |
| Provisions | EUR mil | 12.5 | 5.43 | 5.03 |
| Net Profit | EUR mil | 3.74 | 6.58 | 6.97 |
| Balance Sheet | 2015 | 2016 | 2017 | |
| Interbank Loans | EUR mil | 87.8 | 62.6 | 107 |
| Customer Loans | EUR mil | 705 | 830 | 938 |
| Total Assets | EUR mil | 1,452 | 1,514 | 1,871 |
| Shareholders' Equity | EUR mil | 185 | 202 | 202 |
| Interbank Borrowing | EUR mil | 136 | 63.9 | 101 |
| Customer Deposits | EUR mil | 1,118 | 1,226 | 1,477 |
| Issued Debt Securities | EUR mil | 4.26 | 0 | 0 |
| Ratios | 2015 | 2016 | 2017 | |
| ROE | % | 2.01 | 3.40 | 3.45 |
| ROA | % | 0.259 | 0.443 | 0.412 |
| Costs (As % Of Assets) | % | 1.84 | 1.92 | 1.82 |
| Costs (As % Of Income) | % | 60.5 | 62.5 | 56.5 |
| Capital Adequacy Ratio | % | 17.9 | 17.9 | 16.1 |
| Net Interest Margin | % | 2.10 | 1.88 | 1.95 |
| Loans (As % Of Deposits) | % | 63.1 | 67.7 | 63.5 |
| NPLs (As % Of Loans) | % | 32.7 | 21.1 | 15.2 |
| Provisions (As % Of NPLs) | % | 51.6 | 48.2 | 55.7 |
| Growth Rates | 2015 | 2016 | 2017 | |
| Total Revenue Growth | % | -26.2 | 3.80 | 19.5 |
| Operating Cost Growth | % | -2.35 | 7.28 | 7.92 |
| Operating Profit Growth | % | -46.3 | -1.52 | 38.8 |
| Net Profit Growth | % | 43.7 | 75.8 | 6.05 |
| Customer Loan Growth | % | -11.1 | 17.7 | 13.0 |
| Total Asset Growth | % | 0.763 | 4.25 | 23.6 |
| Customer Deposit Growth | % | 5.47 | 9.62 | 20.5 |
| Shareholders' Equity Growth | % | -0.971 | 9.14 | -0.150 |
| Employees | 404 | 444 | 461 | |
Get all company financials in excel:
| summary | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| income statement | |||||||||||||||
| Net Interest Income | EUR mil | 52.7 | 42.0 | 35.3 | 34.3 | 30.4 | |||||||||
| Total Revenues | EUR mil | 65.1 | 54.6 | 46.3 | 59.6 | 44.0 | |||||||||
| Operating Profit | EUR mil | 37.2 | 27.4 | 14.0 | 32.3 | 17.4 | |||||||||
| Net Profit | EUR mil | 1.68 | -62.2 | -116 | 2.60 | 3.74 | |||||||||
| balance sheet | |||||||||||||||
| Interbank Loans | EUR mil | 25.4 | 32.8 | 15.7 | 67.9 | 87.8 | |||||||||
| Customer Loans | EUR mil | 1,359 | 1,311 | 960 | 794 | 705 | |||||||||
| Debt Securities | EUR mil | 501 | 392 | 266 | 415 | 411 | |||||||||
| Total Assets | EUR mil | 1,947 | 1,790 | 1,561 | 1,441 | 1,452 | |||||||||
| Shareholders' Equity | EUR mil | 337 | 289 | 166 | 187 | 185 | |||||||||
| Interbank Borrowing | EUR mil | 332 | 301 | 289 | 184 | 136 | |||||||||
| Customer Deposits | EUR mil | 1,237 | 1,151 | 1,066 | 1,060 | 1,118 | |||||||||
| Issued Debt Securities | EUR mil | 30.3 | 42.1 | 34.1 | 4.00 | 4.26 | |||||||||
| ratios | |||||||||||||||
| ROE | % | 0.477 | -19.9 | -50.8 | 1.48 | 2.01 | |||||||||
| ROA | % | 0.087 | -3.33 | -6.90 | 0.173 | 0.259 | |||||||||
| Costs (As % Of Assets) | % | 1.45 | 1.45 | 1.93 | 1.82 | 1.84 | |||||||||
| Costs (As % Of Income) | % | 42.9 | 49.8 | 69.8 | 45.7 | 60.5 | |||||||||
| Capital Adequacy Ratio | % | ... | 13.9 | 14.1 | 13.4 | 16.6 | 17.9 | ||||||||
| Net Interest Margin | % | 2.73 | 2.25 | 2.11 | 2.29 | 2.10 | |||||||||
| Interest Income (As % Of Revenues) | % | 81.0 | 77.0 | 76.2 | 57.6 | 69.2 | |||||||||
| Fee Income (As % Of Revenues) | % | 16.1 | 18.1 | 21.3 | 17.5 | 25.7 | |||||||||
| Staff Cost (As % Of Total Cost) | % | 58.1 | 56.9 | 45.4 | 49.6 | 54.1 | |||||||||
| Equity (As % Of Assets) | % | 17.3 | 16.2 | 10.6 | 13.0 | 12.7 | |||||||||
| Loans (As % Of Deposits) | % | 110 | 114 | 90.0 | 74.9 | 63.1 | |||||||||
| Loans (As % Assets) | % | 69.8 | 73.2 | 61.5 | 55.1 | 48.6 | |||||||||
| NPLs (As % Of Loans) | % | ... | ... | 13.1 | 26.4 | 34.5 | 39.1 | 32.7 | |||||||
| Provisions (As % Of NPLs) | % | ... | ... | 63.7 | 45.4 | 56.9 | 47.4 | 51.6 | |||||||
| valuation | |||||||||||||||
| Book Value Per Share Growth | % | ... | -20.2 | -20.2 | -16.0 | -2.75 | -11.4 |
| income statement | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| income statement | |||||||||||||||
| Interest Income | EUR mil | 87.7 | 75.8 | 61.9 | 51.6 | 40.1 | |||||||||
| Interest Cost | EUR mil | 35.0 | 33.7 | 26.6 | 17.3 | 9.65 | |||||||||
| Net Interest Income | EUR mil | 52.7 | 42.0 | 35.3 | 34.3 | 30.4 | |||||||||
| Net Fee Income | EUR mil | 10.5 | 9.90 | 9.85 | 10.4 | 11.3 | |||||||||
| Other Income | EUR mil | 1.91 | 2.63 | 1.17 | 14.8 | 2.26 | |||||||||
| Total Revenues | EUR mil | 65.1 | 54.6 | 46.3 | 59.6 | 44.0 | |||||||||
| Staff Cost | EUR mil | 16.2 | 15.5 | 14.7 | 13.5 | 14.4 | |||||||||
| Depreciation | EUR mil | 2.13 | 2.21 | 2.41 | 2.58 | 1.74 | |||||||||
| Other Cost | EUR mil | 9.56 | 9.51 | 15.3 | 11.1 | 10.5 | |||||||||
| Operating Cost | EUR mil | 27.9 | 27.2 | 32.4 | 27.2 | 26.6 | |||||||||
| Operating Profit | EUR mil | 37.2 | 27.4 | 14.0 | 32.3 | 17.4 | |||||||||
| Provisions | EUR mil | 30.6 | 96.1 | 126 | 28.8 | 12.5 | |||||||||
| Extra and Other Cost | EUR mil | 4.85 | 3.10 | -0.422 | 0.219 | 1.03 | |||||||||
| Pre-Tax Profit | EUR mil | 1.67 | -71.8 | -112 | 3.29 | 4.88 | |||||||||
| Tax | EUR mil | 0.008 | -9.56 | 4.08 | 0.687 | 1.14 | |||||||||
| Minorities | EUR mil | 0 | 0 | 0 | 0 | 0 | |||||||||
| Net Profit | EUR mil | 1.68 | -62.2 | -116 | 2.60 | 3.74 | |||||||||
| growth rates | |||||||||||||||
| Net Interest Income Growth | % | ... | -20.2 | -20.2 | -16.0 | -2.75 | -11.4 | ||||||||
| Net Fee Income Growth | % | ... | 0.220 | -5.59 | -0.576 | 5.66 | 8.71 | ||||||||
| Total Revenue Growth | % | ... | -16.3 | -16.2 | -15.1 | 28.6 | -26.2 | ||||||||
| Operating Cost Growth | % | ... | -0.711 | -2.66 | 19.0 | -15.8 | -2.35 | ||||||||
| Operating Profit Growth | % | ... | -25.1 | -26.3 | -49.0 | 132 | -46.3 | ||||||||
| Pre-Tax Profit Growth | % | ... | -93.6 | -4,394 | 55.3 | -103 | 48.4 | ||||||||
| Net Profit Growth | % | ... | -92.0 | -3,804 | 85.8 | -102 | 43.7 | ||||||||
| market share | |||||||||||||||
| Market Share in Revenues | % | 4.50 | 3.49 | 4.25 | 4.84 | 3.80 | |||||||||
| Market Share in Net Profit | % | ... | ... | ... | ... | ... | 3.25 | ||||||||
| Market Share in Employees | % | 3.57 | 3.55 | 3.57 | 3.66 | 3.87 | |||||||||
| Market Share in Branches | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| balance sheet | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| balance sheet | |||||||||||||||
| Cash | EUR mil | 27.7 | 17.3 | 61.9 | 92.1 | 175 | |||||||||
| Interbank Loans | EUR mil | 25.4 | 32.8 | 15.7 | 67.9 | 87.8 | |||||||||
| Customer Loans | EUR mil | 1,359 | 1,311 | 960 | 794 | 705 | |||||||||
| Retail Loans | EUR mil | 122 | 124 | 125 | 127 | 134 | |||||||||
| Mortgage Loans | EUR mil | ... | ... | ... | ... | ... | ... | ... | 54.2 | 60.1 | 64.7 | 68.8 | 76.8 | ||
| Consumer Loans | EUR mil | ... | ... | ... | ... | ... | ... | ... | 68.3 | 64.2 | 60.4 | 57.9 | 56.8 | ||
| Corporate Loans | EUR mil | 1,236 | 1,187 | 1,069 | 848 | 712 | |||||||||
| Debt Securities | EUR mil | 501 | 392 | 266 | 415 | 411 | |||||||||
| Fixed Assets | EUR mil | 11.8 | 11.5 | 10.7 | 10.4 | 10.3 | |||||||||
| Total Assets | EUR mil | 1,947 | 1,790 | 1,561 | 1,441 | 1,452 | |||||||||
| Shareholders' Equity | EUR mil | 337 | 289 | 166 | 187 | 185 | |||||||||
| Of Which Minority Interest | EUR mil | 0 | 0 | 0 | 0 | 0 | |||||||||
| Liabilities | EUR mil | 1,610 | 1,501 | 1,395 | 1,254 | 1,267 | |||||||||
| Interbank Borrowing | EUR mil | 332 | 301 | 289 | 184 | 136 | |||||||||
| Customer Deposits | EUR mil | 1,237 | 1,151 | 1,066 | 1,060 | 1,118 | |||||||||
| Retail Deposits | EUR mil | 753 | 766 | 737 | 770 | 826 | |||||||||
| Corporate Deposits | EUR mil | 484 | 385 | 329 | 290 | 292 | |||||||||
| Sight Deposits | EUR mil | ... | ... | ... | ... | ... | ... | ... | 428 | 437 | 444 | 509 | 592 | ||
| Term Deposits | EUR mil | ... | ... | ... | ... | ... | ... | ... | 809 | 715 | 622 | 551 | 525 | ||
| Issued Debt Securities | EUR mil | 30.3 | 42.1 | 34.1 | 4.00 | 4.26 | |||||||||
| Other Liabilities | EUR mil | 11.2 | 6.84 | 6.38 | 6.50 | 8.58 | |||||||||
| asset quality | |||||||||||||||
| Non-Performing Loans | EUR mil | ... | ... | 178 | 346 | 412 | 381 | 277 | |||||||
| Gross Loans | EUR mil | 1,359 | 1,311 | 1,194 | 975 | 848 | |||||||||
| Total Provisions | EUR mil | 113 | 157 | 234 | 181 | 143 | |||||||||
| growth rates | |||||||||||||||
| Customer Loan Growth | % | ... | -1.84 | -3.53 | -26.8 | -17.3 | -11.1 | ||||||||
| Retail Loan Growth | % | ... | 7.58 | 1.50 | 0.707 | 1.22 | 5.43 | ||||||||
| Mortgage Loan Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | 10.9 | 7.71 | 6.32 | 11.5 | ||
| Consumer Loan Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | -5.98 | -5.85 | -4.25 | -1.83 | ||
| Corporate Loan Growth | % | ... | -2.68 | -4.03 | -9.95 | -20.7 | -16.0 | ||||||||
| Total Asset Growth | % | ... | 2.02 | -8.08 | -12.8 | -7.68 | 0.763 | ||||||||
| Shareholders' Equity Growth | % | ... | -8.13 | -14.2 | -42.7 | 12.8 | -0.971 | ||||||||
| Customer Deposit Growth | % | ... | 4.05 | -6.94 | -7.41 | -0.553 | 5.47 | ||||||||
| Retail Deposit Growth | % | ... | 3.07 | 1.78 | -3.76 | 4.49 | 7.17 | ||||||||
| Corporate Deposit Growth | % | ... | 5.63 | -20.5 | -14.7 | -11.9 | 0.973 | ||||||||
| market share | |||||||||||||||
| Market Share in Customer Loans | % | 4.10 | 4.23 | 3.94 | 3.68 | 3.48 | |||||||||
| Market Share in Corporate Loans | % | 6.75 | 7.22 | 9.29 | 9.23 | 8.70 | |||||||||
| Market Share in Retail Loans | % | ... | ... | ... | ... | ... | ... | ... | 1.75 | 1.79 | 1.91 | 1.94 | 1.96 | ||
| Market Share in Consumer Loans | % | 1.35 | 1.40 | 1.48 | 1.52 | 1.58 | |||||||||
| Market Share in Mortgage Loans | % | ... | ... | ... | ... | ... | ... | ... | 1.05 | 1.14 | 1.22 | 1.29 | 1.39 | ||
| Market Share in Total Assets | % | 3.95 | 3.88 | 3.87 | 3.72 | 3.88 | |||||||||
| Market Share in Customer Deposits | % | 5.03 | 4.83 | 4.73 | 4.34 | 4.45 | |||||||||
| Market Share in Retail Deposits | % | 5.06 | 5.17 | 5.13 | 5.10 | 5.31 | |||||||||
| Market Share in Corporate Deposits | % | ... | ... | ... | ... | 12.0 | 10.5 | 7.83 | 6.19 | 6.28 |
| ratios | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| ratios | |||||||||||||||
| ROE | % | 0.477 | -19.9 | -50.8 | 1.48 | 2.01 | |||||||||
| ROA | % | 0.087 | -3.33 | -6.90 | 0.173 | 0.259 | |||||||||
| Costs (As % Of Assets) | % | 1.45 | 1.45 | 1.93 | 1.82 | 1.84 | |||||||||
| Costs (As % Of Income) | % | 42.9 | 49.8 | 69.8 | 45.7 | 60.5 | |||||||||
| Capital Adequacy Ratio | % | ... | 13.9 | 14.1 | 13.4 | 16.6 | 17.9 | ||||||||
| Tier 1 Ratio | % | ... | ... | ... | ... | ... | ... | ... | 13.9 | 14.1 | 13.4 | 16.6 | 17.9 | ||
| Net Interest Margin | % | 2.73 | 2.25 | 2.11 | 2.29 | 2.10 | |||||||||
| Interest Spread | % | ... | 2.33 | 1.89 | 1.86 | 2.13 | 2.00 | ||||||||
| Asset Yield | % | 4.55 | 4.06 | 3.70 | 3.44 | 2.77 | |||||||||
| Cost Of Liabilities | % | ... | 2.22 | 2.17 | 1.84 | 1.31 | 0.766 | ||||||||
| Interest Income (As % Of Revenues) | % | 81.0 | 77.0 | 76.2 | 57.6 | 69.2 | |||||||||
| Fee Income (As % Of Revenues) | % | 16.1 | 18.1 | 21.3 | 17.5 | 25.7 | |||||||||
| Other Income (As % Of Revenues) | % | 2.93 | 4.83 | 2.52 | 24.9 | 5.14 | |||||||||
| Cost Per Employee | USD per month | 4,458 | 4,056 | 4,050 | 3,715 | 3,402 | |||||||||
| Cost Per Employee (Local Currency) | EUR per month | 3,207 | 3,159 | 3,051 | 2,882 | 2,968 | |||||||||
| Staff Cost (As % Of Total Cost) | % | 58.1 | 56.9 | 45.4 | 49.6 | 54.1 | |||||||||
| Equity (As % Of Assets) | % | 17.3 | 16.2 | 10.6 | 13.0 | 12.7 | |||||||||
| Loans (As % Of Deposits) | % | 110 | 114 | 90.0 | 74.9 | 63.1 | |||||||||
| Loans (As % Assets) | % | 69.8 | 73.2 | 61.5 | 55.1 | 48.6 | |||||||||
| NPLs (As % Of Loans) | % | ... | ... | 13.1 | 26.4 | 34.5 | 39.1 | 32.7 | |||||||
| Provisions (As % Of NPLs) | % | ... | ... | 63.7 | 45.4 | 56.9 | 47.4 | 51.6 | |||||||
| Provisions (As % Of Loans) | % | 8.35 | 12.0 | 24.4 | 22.8 | 20.3 | |||||||||
| Cost of Provisions (As % Of Loans) | % | 2.23 | 7.20 | 11.1 | 3.29 | 1.67 |
| other data | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| other data | |||||||||||||||
| Branches | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||
| Employees | 422 | 408 | 401 | 391 | 404 | ||||||||||
| Sight (As % Of Customer Deposits) | % | ... | ... | ... | ... | ... | ... | ... | 34.6 | 37.9 | 41.7 | 48.0 | 53.0 |
Get all company financials in excel:
By Helgi Library - September 22, 2018
Gorenjska Banka's customer deposits reached EUR 1,477 mil in 2017, up 20.5% compared to the previous year. Slovenian banking sector accepted customer deposits of EUR 27.5 bil in 2017, up 5.34% when compared to the last year. Gorenjska Banka accounted for ...
By Helgi Library - September 22, 2018
Gorenjska Banka's consumer loans reached EUR 131 mil in 2017, up 34.8% compared to the previous year. Slovenian banking sector provided consumer loans of EUR 3.44 bil in 2017, up 11.0% when compared to the last year. Gorenjska Banka accounted for 2.44% of...
By Helgi Library - September 22, 2018
Gorenjska Banka's consumer loans reached EUR 131 mil in 2017, up 34.8% compared to the previous year. Slovenian banking sector provided consumer loans of EUR 3.44 bil in 2017, up 11.0% when compared to the last year. Gorenjska Banka accounted for 2.44% of...
By Helgi Library - September 22, 2018
Gorenjska Banka's non-performing loans reached 15.2% of total loans at the end of 2017, down from 21.1% compared to the previous year. Historically, the NPL ratio hit an all time high of 74.1% in 2006 and an all time low of 10.4% in 2010. Provision coverage...
By Helgi Library - September 22, 2018
Gorenjska Banka's non-performing loans reached 15.2% of total loans at the end of 2017, down from 21.1% compared to the previous year. Historically, the NPL ratio hit an all time high of 74.1% in 2006 and an all time low of 10.4% in 2010. Provision coverage...
By Helgi Library - September 22, 2018
Gorenjska Banka's retail deposits reached EUR 931 mil in 2017, up 5.99% compared to the previous year. Slovenian banking sector accepted retail deposits of EUR 17.5 bil in 2017, up 5.65% when compared to the last year. Gorenjska Banka accounted for 5.31% ...
By Helgi Library - September 22, 2018
Gorenjska Banka's retail deposits reached EUR 931 mil in 2017, up 5.99% compared to the previous year. Slovenian banking sector accepted retail deposits of EUR 17.5 bil in 2017, up 5.65% when compared to the last year. Gorenjska Banka accounted for 5.31% ...
By Helgi Library - September 22, 2018
Gorenjska Banka's net interest margin amounted to 1.95% in 2017, up from 1.88% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 4.81% in 2005 and an all time low of 1.88% in 2016. The average margin...
By Helgi Library - September 22, 2018
Gorenjska Banka's net interest margin amounted to 1.95% in 2017, up from 1.88% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 4.81% in 2005 and an all time low of 1.88% in 2016. The average margin...
By Helgi Library - September 22, 2018
Gorenjska Banka's corporate deposits reached EUR 545 mil in 2017, up 57.2% compared to the previous year. Slovenian banking sector accepted corporate deposits of EUR 6.37 bil in 2017, up 38.5% when compared to the last year. Gorenjska Banka accounted for ...
Gorenjska Banka is a medium-sized universal Slovenian bank. While first in the Gorenjska region, the Bank holds approximately 4% of the whole Slovenian banking market. The Bank offers a wide range of banking and other financial services to commercial and private banking clients. Its products include loans, current and saving accounts, and deposits amongst others. In addition to providing mainstream banking products, the Group undertakes insurance activities, stock brokerage, investment in mutual funds, leasing services, real estate investment management and financial advice, amongst others. At the end of 2013, the Bank operated 23 branches and employed over 400 persons in Slovenia. The Bank was founded in 1955 and is based in Kranj, Slovenia.
Gorenjska Banka has been growing its revenues and asset by -2.11% and 0.769% a year on average in the last 10 years. Its loans and deposits have grown by -1.11% and 4.71% a year during that time and loans to deposits ratio reached 63.5% at the end of 2017. The company achieved an average return on equity of -3.31% in the last decade with net profit growing -18.4% a year on average. In terms of operating efficiency, its cost to income ratio reached 56.5% in 2017, compared to 50.2% average in the last decade.
Equity represented 10.8% of total assets or 21.5% of loans at the end of 2017. Gorenjska Banka's non-performing loans were 15.2% of total loans while provisions covered some 55.7% of NPLs at the end of 2017.
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