By Helgi Library - October 23, 2019
Halyk Savings Bank made a net profit of KZT 89.7 bil under revenues of KZT 149 bil in the second quarter of 2019, up 272% and ...
By Helgi Library - October 23, 2019
Halyk Savings Bank made a net profit of KZT 89.7 bil under revenues of KZT 149 bil in the second quarter of 2019, up 272% and ...
By Helgi Library - October 23, 2019
Halyk Savings Bank's non-performing loans reached 8.29% of total loans at the end of 2019-06-30, down from 11.8% compared to the ...
| Profit Statement | 2016 | 2017 | 2018 | |
| Net Interest Income | KZT bil | 172 | 249 | 348 |
| Net Fee Income | KZT bil | 46.4 | 60.9 | 74.2 |
| Other Income | KZT bil | 18.2 | 51.2 | 76.7 |
| Total Revenues | KZT bil | 237 | 361 | 499 |
| Staff Cost | KZT bil | 38.6 | 51.1 | 77.6 |
| Operating Profit | KZT bil | 170 | 255 | 362 |
| Provisions | KZT bil | 25.3 | 67.3 | 32.0 |
| Net Profit | KZT bil | 131 | 173 | 253 |
| Balance Sheet | 2016 | 2017 | 2018 | |
| Interbank Loans | KZT bil | 35.5 | 87.7 | 55.0 |
| Customer Loans | KZT bil | 2,320 | 3,251 | 3,481 |
| Total Assets | KZT bil | 5,348 | 8,858 | 8,959 |
| Shareholders' Equity | KZT bil | 666 | 934 | 1,066 |
| Interbank Borrowing | KZT bil | 162 | 255 | 168 |
| Customer Deposits | KZT bil | 3,821 | 6,132 | 6,527 |
| Issued Debt Securities | KZT bil | 585 | 962 | 901 |
| Ratios | 2016 | 2017 | 2018 | |
| ROE | % | 22.0 | 21.7 | 25.3 |
| ROA | % | 2.68 | 2.44 | 2.84 |
| Costs (As % Of Assets) | % | 1.35 | 1.49 | 1.54 |
| Costs (As % Of Income) | % | 28.0 | 29.3 | 27.5 |
| Capital Adequacy Ratio | % | 19.4 | 18.9 | 19.9 |
| Net Interest Margin | % | 3.51 | 3.50 | 3.91 |
| Loans (As % Of Deposits) | % | 60.7 | 53.0 | 53.3 |
| NPLs (As % Of Loans) | % | 16.3 | 18.1 | 17.3 |
| Provisions (As % Of NPLs) | % | 66.9 | 49.1 | 61.0 |
| Valuation | 2016 | 2017 | 2018 | |
| Price/Earnings (P/E) | 4.20 | 5.51 | 4.48 | |
| Price/Book Value (P/BV) | 0.829 | 1.02 | 1.07 | |
| Earnings Per Share (EPS) | KZT | 12.0 | 15.8 | 22.7 |
| Book Value Per Share | KZT | 60.7 | 85.0 | 95.4 |
Get all company financials in excel:
| summary | Unit | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
| income statement | |||||||||||
| Net Interest Income | KZT bil | 91.1 | 107 | 133 | 150 | 172 | |||||
| Total Revenues | KZT bil | 155 | 170 | 208 | 236 | 237 | |||||
| Operating Profit | KZT bil | 103 | 115 | 145 | 165 | 170 | |||||
| Net Profit | KZT bil | 69.5 | 72.1 | 114 | 120 | 131 | |||||
| balance sheet | |||||||||||
| Interbank Loans | KZT bil | 32.8 | 25.8 | 27.1 | 1,331 | 35.5 | |||||
| Customer Loans | KZT bil | 1,319 | 1,482 | 1,648 | 2,176 | 2,320 | |||||
| Debt Securities | KZT bil | 362 | 368 | 397 | 407 | 882 | |||||
| Total Assets | KZT bil | 2,408 | 2,506 | 2,810 | 4,455 | 5,348 | |||||
| Shareholders' Equity | KZT bil | 340 | 392 | 475 | 530 | 666 | |||||
| Interbank Borrowing | KZT bil | 15.2 | 107 | 107 | 168 | 162 | |||||
| Customer Deposits | KZT bil | 1,699 | 1,767 | 1,848 | 3,044 | 3,821 | |||||
| Issued Debt Securities | KZT bil | 302 | 190 | 311 | 598 | 585 | |||||
| ratios | |||||||||||
| ROE | % | 21.4 | 19.7 | 26.4 | 23.9 | 22.0 | |||||
| ROA | % | 2.97 | 2.94 | 4.30 | 3.31 | 2.68 | |||||
| Costs (As % Of Assets) | % | 2.21 | 2.23 | 2.35 | 1.95 | 1.35 | |||||
| Costs (As % Of Income) | % | 33.4 | 32.3 | 30.0 | 30.0 | 28.0 | |||||
| Capital Adequacy Ratio | % | 18.3 | 18.5 | 21.0 | 18.2 | 19.4 | |||||
| Net Interest Margin | % | 3.89 | 4.34 | 5.01 | 4.14 | 3.51 | |||||
| Interest Income (As % Of Revenues) | % | 58.8 | 62.9 | 64.1 | 63.8 | 72.7 | |||||
| Fee Income (As % Of Revenues) | % | 29.1 | 26.1 | 24.1 | 18.0 | 19.6 | |||||
| Staff Cost (As % Of Total Cost) | % | 56.4 | 56.4 | 57.3 | 57.7 | 58.1 | |||||
| Equity (As % Of Assets) | % | 14.1 | 15.6 | 16.9 | 11.9 | 12.4 | |||||
| Loans (As % Of Deposits) | % | 77.6 | 83.9 | 89.2 | 71.5 | 60.7 | |||||
| Loans (As % Assets) | % | 54.8 | 59.1 | 58.7 | 48.8 | 43.4 | |||||
| NPLs (As % Of Loans) | % | 25.2 | 26.5 | 34.7 | 19.0 | 16.3 | |||||
| Provisions (As % Of NPLs) | % | 74.0 | 67.6 | 42.6 | 64.8 | 66.9 | |||||
| valuation | |||||||||||
| Market Capitalisation (End Of Period) | USD mil | ... | ... | 2,116 | 2,770 | 2,411 | 1,291 | 1,655 | |||
| Number Of Shares (Average) | mil | 10,977 | 10,986 | 10,990 | 10,962 | 10,960 | |||||
| Share Price (End Of Period) | RUB | ... | ... | 29.0 | 38.9 | 40.0 | 40.1 | 50.3 | |||
| Earnings Per Share (EPS) | KZT | 6.33 | 6.57 | 10.4 | 11.0 | 12.0 | |||||
| Book Value Per Share | KZT | 30.9 | 35.7 | 43.2 | 48.3 | 60.7 | |||||
| Price/Earnings (P/E) | ... | ... | 4.58 | 5.92 | 3.84 | 3.65 | 4.20 | ||||
| Price/Book Value (P/BV) | ... | ... | 0.937 | 1.09 | 0.925 | 0.829 | 0.829 | ||||
| Earnings Per Share Growth | % | ... | 39.9 | 3.68 | 58.5 | 5.46 | 9.24 | ||||
| Book Value Per Share Growth | % | ... | -13.2 | 15.4 | 21.1 | 11.8 | 25.6 |
| income statement | Unit | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
| income statement | |||||||||||
| Interest Income | KZT bil | 161 | 183 | 211 | 255 | 333 | |||||
| Interest Cost | KZT bil | 69.9 | 75.9 | 77.5 | 105 | 161 | |||||
| Net Interest Income | KZT bil | 91.1 | 107 | 133 | 150 | 172 | |||||
| Net Fee Income | KZT bil | 45.1 | 44.3 | 50.1 | 42.5 | 46.4 | |||||
| Other Income | KZT bil | 18.8 | 18.7 | 24.5 | 42.9 | 18.2 | |||||
| Total Revenues | KZT bil | 155 | 170 | 208 | 236 | 237 | |||||
| Staff Cost | KZT bil | 29.2 | 30.9 | 35.8 | 40.9 | 38.6 | |||||
| Depreciation | KZT bil | 7.04 | 5.75 | 5.02 | 6.32 | 6.17 | |||||
| Other Cost | KZT bil | 15.5 | 18.2 | 21.6 | 23.6 | 21.6 | |||||
| Operating Cost | KZT bil | 51.8 | 54.8 | 62.4 | 70.8 | 66.3 | |||||
| Operating Profit | KZT bil | 103 | 115 | 145 | 165 | 170 | |||||
| Provisions | KZT bil | 15.4 | 26.0 | 7.46 | 12.1 | 25.3 | |||||
| Extra and Other Cost | KZT bil | 3.06 | -0.210 | -4.01 | 0.359 | 2.26 | |||||
| Pre-Tax Profit | KZT bil | 84.7 | 88.9 | 142 | 152 | 143 | |||||
| Tax | KZT bil | 14.8 | 16.5 | 27.5 | 32.1 | 22.2 | |||||
| Minorities | KZT bil | 0.444 | 0.272 | 0 | 0 | 0 | |||||
| Net Profit | KZT bil | 69.5 | 72.1 | 114 | 120 | 131 | |||||
| growth rates | |||||||||||
| Net Interest Income Growth | % | ... | 4.34 | 17.1 | 24.9 | 12.9 | 14.4 | ||||
| Net Fee Income Growth | % | ... | 26.8 | -1.83 | 13.1 | -15.2 | 9.26 | ||||
| Total Revenue Growth | % | ... | 11.8 | 9.42 | 22.5 | 13.4 | 0.403 | ||||
| Operating Cost Growth | % | ... | 11.7 | 5.81 | 13.8 | 13.5 | -6.30 | ||||
| Operating Profit Growth | % | ... | 11.9 | 11.2 | 26.7 | 13.4 | 3.28 | ||||
| Pre-Tax Profit Growth | % | ... | 76.4 | 4.96 | 59.6 | 7.37 | -6.35 | ||||
| Net Profit Growth | % | ... | 76.5 | 3.77 | 58.6 | 5.19 | 9.23 |
| balance sheet | Unit | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
| balance sheet | |||||||||||
| Cash | KZT bil | 583 | 531 | 589 | 187 | 1,851 | |||||
| Interbank Loans | KZT bil | 32.8 | 25.8 | 27.1 | 1,331 | 35.5 | |||||
| Customer Loans | KZT bil | 1,319 | 1,482 | 1,648 | 2,176 | 2,320 | |||||
| Retail Loans | KZT bil | 330 | 399 | 491 | 605 | 621 | |||||
| Mortgage Loans | KZT bil | 110 | 107 | 139 | 197 | 188 | |||||
| Consumer Loans | KZT bil | 220 | 291 | 352 | 408 | 433 | |||||
| Corporate Loans | KZT bil | 1,292 | 1,407 | 1,443 | 1,876 | 1,983 | |||||
| Debt Securities | KZT bil | 362 | 368 | 397 | 407 | 882 | |||||
| Fixed Assets | KZT bil | 73.7 | 72.3 | 93.2 | 96.1 | 109 | |||||
| Total Assets | KZT bil | 2,408 | 2,506 | 2,810 | 4,455 | 5,348 | |||||
| Shareholders' Equity | KZT bil | 340 | 392 | 475 | 530 | 666 | |||||
| Of Which Minority Interest | KZT bil | 1.64 | 0.933 | 0 | 0 | 0 | |||||
| Liabilities | KZT bil | 2,068 | 2,114 | 2,335 | 3,925 | 4,683 | |||||
| Interbank Borrowing | KZT bil | 15.2 | 107 | 107 | 168 | 162 | |||||
| Customer Deposits | KZT bil | 1,699 | 1,767 | 1,848 | 3,044 | 3,821 | |||||
| Retail Deposits | KZT bil | 694 | 810 | 938 | 1,473 | 1,715 | |||||
| Corporate Deposits | KZT bil | 1,005 | 956 | 910 | 1,570 | 2,105 | |||||
| Sight Deposits | KZT bil | 754 | 565 | 702 | 898 | 1,083 | |||||
| Term Deposits | KZT bil | 945 | 1,202 | 1,146 | 2,145 | 2,738 | |||||
| Issued Debt Securities | KZT bil | 302 | 190 | 311 | 598 | 585 | |||||
| Other Liabilities | KZT bil | 52.1 | 50.7 | 68.1 | 115 | 115 | |||||
| asset quality | |||||||||||
| Non-Performing Loans | KZT bil | 409 | 478 | 671 | 471 | 426 | |||||
| Gross Loans | KZT bil | 1,622 | 1,806 | 1,934 | 2,481 | 2,604 | |||||
| Total Provisions | KZT bil | 303 | 323 | 286 | 305 | 285 | |||||
| growth rates | |||||||||||
| Customer Loan Growth | % | ... | 11.4 | 12.4 | 11.2 | 32.0 | 6.60 | ||||
| Retail Loan Growth | % | ... | 14.6 | 20.8 | 23.1 | 23.3 | 2.64 | ||||
| Mortgage Loan Growth | % | ... | -7.60 | -2.80 | 29.5 | 42.2 | -4.76 | ||||
| Consumer Loan Growth | % | ... | 30.2 | 32.6 | 20.8 | 15.9 | 6.22 | ||||
| Corporate Loan Growth | % | ... | 8.81 | 8.89 | 2.58 | 30.0 | 5.71 | ||||
| Total Asset Growth | % | ... | 5.90 | 4.09 | 12.1 | 58.6 | 20.1 | ||||
| Shareholders' Equity Growth | % | ... | 9.45 | 15.5 | 21.2 | 11.5 | 25.6 | ||||
| Customer Deposit Growth | % | ... | 9.10 | 3.97 | 4.62 | 64.7 | 25.5 | ||||
| Retail Deposit Growth | % | ... | 22.6 | 16.7 | 15.8 | 57.0 | 16.4 | ||||
| Corporate Deposit Growth | % | ... | 1.38 | -4.85 | -4.83 | 72.6 | 34.1 |
| ratios | Unit | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
| ratios | |||||||||||
| ROE | % | 21.4 | 19.7 | 26.4 | 23.9 | 22.0 | |||||
| ROA | % | 2.97 | 2.94 | 4.30 | 3.31 | 2.68 | |||||
| Costs (As % Of Assets) | % | 2.21 | 2.23 | 2.35 | 1.95 | 1.35 | |||||
| Costs (As % Of Income) | % | 33.4 | 32.3 | 30.0 | 30.0 | 28.0 | |||||
| Capital Adequacy Ratio | % | 18.3 | 18.5 | 21.0 | 18.2 | 19.4 | |||||
| Tier 1 Ratio | % | 16.2 | 17.2 | 20.4 | 18.0 | 19.4 | |||||
| Net Interest Margin | % | 3.89 | 4.34 | 5.01 | 4.14 | 3.51 | |||||
| Interest Spread | % | ... | 3.41 | 3.80 | 4.44 | 3.68 | 3.05 | ||||
| Asset Yield | % | 6.88 | 7.43 | 7.92 | 7.02 | 6.78 | |||||
| Cost Of Liabilities | % | ... | 3.47 | 3.63 | 3.48 | 3.34 | 3.73 | ||||
| Interest Income (As % Of Revenues) | % | 58.8 | 62.9 | 64.1 | 63.8 | 72.7 | |||||
| Fee Income (As % Of Revenues) | % | 29.1 | 26.1 | 24.1 | 18.0 | 19.6 | |||||
| Other Income (As % Of Revenues) | % | 12.1 | 11.0 | 11.8 | 18.2 | 7.68 | |||||
| Cost Per Employee | USD per month | ... | ... | ... | 1,344 | 1,511 | 1,612 | 1,103 | 837 | ||
| Cost Per Employee (Local Currency) | RUB per month | ... | ... | ... | 200,483 | 229,944 | 271,357 | 288,084 | 281,756 | ||
| Staff Cost (As % Of Total Cost) | % | 56.4 | 56.4 | 57.3 | 57.7 | 58.1 | |||||
| Equity (As % Of Assets) | % | 14.1 | 15.6 | 16.9 | 11.9 | 12.4 | |||||
| Loans (As % Of Deposits) | % | 77.6 | 83.9 | 89.2 | 71.5 | 60.7 | |||||
| Loans (As % Assets) | % | 54.8 | 59.1 | 58.7 | 48.8 | 43.4 | |||||
| NPLs (As % Of Loans) | % | 25.2 | 26.5 | 34.7 | 19.0 | 16.3 | |||||
| Provisions (As % Of NPLs) | % | 74.0 | 67.6 | 42.6 | 64.8 | 66.9 | |||||
| Provisions (As % Of Loans) | % | 23.0 | 21.8 | 17.4 | 14.0 | 12.3 | |||||
| Cost of Provisions (As % Of Loans) | % | 1.23 | 1.86 | 0.477 | 0.634 | 1.13 |
| other data | Unit | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
| other data | |||||||||||
| Employees | ... | ... | ... | 12,149 | 11,198 | 10,984 | 11,827 | 11,402 | |||
| Sight (As % Of Customer Deposits) | % | 44.4 | 32.0 | 38.0 | 29.5 | 28.3 |
Get all company financials in excel:
By Helgi Library - October 23, 2019
Halyk Savings Bank's non-performing loans reached 8.29% of total loans at the end of 2019-06-30, down from 11.8% compared to the previous year. Historically, the NPL ratio hit an all time high of 19.1% in 2012-03-31 and an all time low of 8.29% in 2019-06-30. ...
By Helgi Library - October 23, 2019
Halyk Savings Bank stock traded at JPY 1,645 per share at the end of second quarter of 2019 implying a market capitalization of USD 3,477 mil. Over the last five years, the stock has depreciated by 36.4 implying an annual average growth of -8.65% In absol...
By Helgi Library - October 23, 2019
Halyk Savings Bank stock traded at JPY 1,645 per share at the end of second quarter of 2019 implying a market capitalization of USD 3,477 mil. Over the last five years, the stock has depreciated by 36.4 implying an annual average growth of -8.65% In absol...
By Helgi Library - October 23, 2019
Halyk Savings Bank stock traded at RUB 117 per share at the end of second quarter of 2019 implying a market capitalization of USD 21,612 mil. Over the last five years, the stock has appreciated by 150 % implying an annual average growth of 20.2 %. In absolute terms, t...
By Helgi Library - October 23, 2019
Halyk Savings Bank stock traded at RUB 117 per share at the end of second quarter of 2019 implying a market capitalization of USD 21,612 mil. Over the last five years, the stock has appreciated by 150 % implying an annual average growth of 20.2 %. In absolute terms, t...
By Helgi Library - October 23, 2019
Halyk Savings Bank's loans reached KZT 3,909 bil in the second quarter of 2019, up from KZT 3,834 bil when compared to the previous quarter and up from KZT 3,592 bil when compared to the same period of last year. Historically, the bank’s loans reach...
By Helgi Library - October 23, 2019
Halyk Savings Bank's loans reached KZT 3,909 bil in the second quarter of 2019, up from KZT 3,834 bil when compared to the previous quarter and up from KZT 3,592 bil when compared to the same period of last year. Historically, the bank’s loans reach...
By Helgi Library - October 23, 2019
Halyk Savings Bank generated total banking revenues of KZT 149 bil in the second quarter of 2019, up 5.51% when compared to the same period of last year and 13.4% when compared to the previous quarter. Historically, the bank’s revenues containing of interest,...
By Helgi Library - October 23, 2019
Halyk Savings Bank generated total banking revenues of KZT 149 bil in the second quarter of 2019, up 5.51% when compared to the same period of last year and 13.4% when compared to the previous quarter. Historically, the bank’s revenues containing of interest,...
By Helgi Library - October 23, 2019
Halyk Savings Bank's net interest margin amounted to 4.36% in the second quarter of 2019, up from 4.16% when compared to the previous quarter. Historically, the bank’s net interest margin reached an all time high of 5.41% in 2Q2015 and an all time low of ...
Halyk Savings Bank has been growing its revenues and asset by % and % a year on average in the last 10 years. Its loans and deposits have grown by % and % a year during that time and loans to deposits ratio reached 53.3% at the end of 2018. The company achieved an average return on equity of 19.1% in the last decade with net profit growing % a year on average. In terms of operating efficiency, its cost to income ratio reached 27.5% in 2018, compared to 30.6% average in the last decade.
Equity represented 11.9% of total assets or 30.6% of loans at the end of 2018. Halyk Savings Bank's non-performing loans were 17.3% of total loans while provisions covered some 61.0% of NPLs at the end of 2018.
Halyk Savings Bank stock traded at RUB 102 per share at the end of 2018 resulting in a market capitalization of USD 3,424 mil. Over the previous five years, stock price rose by 161% or 21.2% a year on average. That’s compared to an average ROE of 23.9% the bank generated for its shareholders. This closing price put stock at a 12-month trailing price to earnings (PE) of 4.48x and price to book value (PBV) of 1.07x in 2018.
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