By Helgi Library - August 11, 2018
Jadranska Banka's customer loans reached HRK 407 mil in 2017, down 26.1% compared to the previous year. Croatian banking sector...
By Helgi Library - August 11, 2018
Jadranska Banka's customer loans reached HRK 407 mil in 2017, down 26.1% compared to the previous year. Croatian banking sector...
By Helgi Library - August 11, 2018
Jadranska Banka's non-performing loans reached 40.0% of total loans at the end of 2017, up from 33.0% compared to the previous ye...
| Profit Statement | 2015 | 2016 | 2017 | |
| Net Interest Income | HRK mil | 33.8 | 40.6 | 26.0 |
| Net Fee Income | HRK mil | 10.6 | 9.78 | 9.97 |
| Other Income | HRK mil | 8.31 | 12.7 | 24.5 |
| Total Revenues | HRK mil | 52.7 | 63.1 | 60.4 |
| Staff Cost | HRK mil | 30.1 | 24.1 | 24.7 |
| Operating Profit | HRK mil | -62.6 | -39.2 | 6.89 |
| Provisions | HRK mil | 209 | 117 | 37.9 |
| Net Profit | HRK mil | -272 | -156 | -31.0 |
| Balance Sheet | 2015 | 2016 | 2017 | |
| Interbank Loans | HRK mil | 67.3 | 71.3 | 57.3 |
| Customer Loans | HRK mil | 1,047 | 551 | 407 |
| Total Assets | HRK mil | 1,818 | 1,974 | 1,729 |
| Shareholders' Equity | HRK mil | -295 | 60.1 | 40.6 |
| Interbank Borrowing | HRK mil | 0 | 0 | 0 |
| Customer Deposits | HRK mil | 1,964 | 1,735 | 1,542 |
| Issued Debt Securities | HRK mil | 112 | 156 | 118 |
| Ratios | 2015 | 2016 | 2017 | |
| ROE | % | 173 | 133 | -61.6 |
| ROA | % | -12.8 | -8.21 | -1.67 |
| Costs (As % Of Assets) | % | 5.41 | 5.39 | 2.89 |
| Costs (As % Of Income) | % | 219 | 162 | 88.6 |
| Capital Adequacy Ratio | % | -20.3 | 2.85 | 1.95 |
| Net Interest Margin | % | 1.58 | 2.14 | 1.40 |
| Loans (As % Of Deposits) | % | 53.3 | 31.7 | 26.4 |
| NPLs (As % Of Loans) | % | 56.9 | 33.0 | 40.0 |
| Provisions (As % Of NPLs) | % | 70.7 | 41.0 | 51.8 |
| Growth Rates | 2015 | 2016 | 2017 | |
| Total Revenue Growth | % | -29.0 | 19.7 | -4.24 |
| Operating Cost Growth | % | 9.03 | -11.3 | -47.7 |
| Operating Profit Growth | % | 98.7 | -37.4 | -118 |
| Net Profit Growth | % | -13.5 | -42.8 | -80.1 |
| Customer Loan Growth | % | -23.4 | -47.4 | -26.1 |
| Total Asset Growth | % | -25.6 | 8.56 | -12.4 |
| Customer Deposit Growth | % | -14.1 | -11.7 | -11.1 |
| Shareholders' Equity Growth | % | 1,366 | -120 | -32.4 |
| Employees | 226 | 205 | 193 | |
Get all company financials in excel:
| summary | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| income statement | ||||||||||||||||||
| Net Interest Income | HRK mil | ... | ... | ... | 68.3 | 48.5 | 63.5 | 41.4 | 33.8 | |||||||||
| Total Revenues | HRK mil | ... | ... | ... | 102 | 98.5 | 101 | 74.2 | 52.7 | |||||||||
| Operating Profit | HRK mil | ... | ... | ... | 28.2 | 21.2 | 18.8 | -31.5 | -62.6 | |||||||||
| Net Profit | HRK mil | ... | ... | ... | 3.52 | 7.25 | -99.4 | -314 | -272 | |||||||||
| balance sheet | ||||||||||||||||||
| Interbank Loans | HRK mil | ... | ... | ... | 235 | 275 | 150 | 104 | 67.3 | |||||||||
| Customer Loans | HRK mil | ... | ... | ... | 1,617 | 1,703 | 1,750 | 1,366 | 1,047 | |||||||||
| Debt Securities | HRK mil | ... | ... | ... | 201 | 149 | 187 | 141 | 77.3 | |||||||||
| Total Assets | HRK mil | 2,879 | 3,057 | 2,946 | 2,445 | 1,818 | ||||||||||||
| Shareholders' Equity | HRK mil | 233 | 332 | 230 | -20.1 | -295 | ||||||||||||
| Interbank Borrowing | HRK mil | ... | ... | ... | 1.48 | 8.00 | 0 | 0 | 0 | |||||||||
| Customer Deposits | HRK mil | ... | ... | ... | 2,214 | 2,340 | 2,451 | 2,286 | 1,964 | |||||||||
| Issued Debt Securities | HRK mil | ... | ... | ... | 295 | 330 | 213 | 133 | 112 | |||||||||
| ratios | ||||||||||||||||||
| ROE | % | ... | ... | ... | 1.26 | 2.57 | -35.3 | -299 | 173 | |||||||||
| ROA | % | ... | ... | ... | 0.127 | 0.244 | -3.31 | -11.7 | -12.8 | |||||||||
| Costs (As % Of Assets) | % | ... | ... | ... | 2.68 | 2.60 | 2.73 | 3.92 | 5.41 | |||||||||
| Costs (As % Of Income) | % | ... | ... | ... | 72.5 | 78.5 | 81.3 | 142 | 219 | |||||||||
| Capital Adequacy Ratio | % | 16.0 | 15.3 | 11.3 | -1.35 | -20.3 | ||||||||||||
| Net Interest Margin | % | ... | ... | ... | 2.46 | 1.63 | 2.12 | 1.54 | 1.58 | |||||||||
| Interest Income (As % Of Revenues) | % | ... | ... | ... | 66.6 | 49.2 | 63.0 | 55.8 | 64.1 | |||||||||
| Fee Income (As % Of Revenues) | % | ... | ... | ... | 15.8 | 17.8 | 15.3 | 24.1 | 20.1 | |||||||||
| Staff Cost (As % Of Total Cost) | % | ... | ... | ... | 41.7 | 39.3 | 36.9 | 28.4 | 26.1 | |||||||||
| Equity (As % Of Assets) | % | 8.09 | 10.9 | 7.81 | -0.822 | -16.2 | ||||||||||||
| Loans (As % Of Deposits) | % | ... | ... | ... | 73.1 | 72.8 | 71.4 | 59.8 | 53.3 | |||||||||
| Loans (As % Assets) | % | ... | ... | ... | 56.2 | 55.7 | 59.4 | 55.9 | 57.6 | |||||||||
| NPLs (As % Of Loans) | % | ... | ... | ... | ... | ... | ... | ... | 5.63 | 5.67 | 6.31 | 14.2 | 56.9 | |||||
| Provisions (As % Of NPLs) | % | ... | ... | ... | ... | ... | ... | ... | 134 | 127 | 159 | 185 | 70.7 | |||||
| valuation | ||||||||||||||||||
| Book Value Per Share Growth | % | ... | ... | ... | ... | 3.81 | -28.9 | 31.0 | -34.8 | -18.4 |
| income statement | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| income statement | ||||||||||||||||||
| Interest Income | HRK mil | ... | ... | ... | 159 | 143 | 160 | 123 | 91.1 | |||||||||
| Interest Cost | HRK mil | ... | ... | ... | 91.2 | 94.2 | 96.5 | 81.5 | 57.3 | |||||||||
| Net Interest Income | HRK mil | ... | ... | ... | 68.3 | 48.5 | 63.5 | 41.4 | 33.8 | |||||||||
| Net Fee Income | HRK mil | ... | ... | ... | 16.2 | 17.6 | 15.5 | 17.9 | 10.6 | |||||||||
| Other Income | HRK mil | ... | ... | ... | 18.0 | 32.4 | 21.8 | 15.0 | 8.31 | |||||||||
| Total Revenues | HRK mil | ... | ... | ... | 102 | 98.5 | 101 | 74.2 | 52.7 | |||||||||
| Staff Cost | HRK mil | ... | ... | ... | 31.0 | 30.4 | 30.2 | 30.0 | 30.1 | |||||||||
| Depreciation | HRK mil | ... | ... | ... | 4.36 | 4.21 | 5.13 | 5.34 | 4.91 | |||||||||
| Other Cost | HRK mil | ... | ... | ... | 39.0 | 42.7 | 46.6 | 70.4 | 80.3 | |||||||||
| Operating Cost | HRK mil | ... | ... | ... | 74.3 | 77.3 | 82.0 | 106 | 115 | |||||||||
| Operating Profit | HRK mil | ... | ... | ... | 28.2 | 21.2 | 18.8 | -31.5 | -62.6 | |||||||||
| Provisions | HRK mil | ... | ... | ... | 24.6 | 14.0 | 118 | 283 | 209 | |||||||||
| Extra and Other Cost | HRK mil | ... | ... | ... | < -0.001 | < -0.001 | 0 | 0 | 0 | |||||||||
| Pre-Tax Profit | HRK mil | 3.52 | 7.25 | -99.4 | -314 | -272 | ||||||||||||
| Tax | HRK mil | ... | ... | ... | 0 | 0 | 0 | 0 | 0 | |||||||||
| Minorities | HRK mil | ... | ... | ... | 0 | 0 | 0 | 0 | 0 | |||||||||
| Net Profit | HRK mil | ... | ... | ... | 3.52 | 7.25 | -99.4 | -314 | -272 | |||||||||
| growth rates | ||||||||||||||||||
| Net Interest Income Growth | % | ... | ... | ... | ... | 3.81 | -28.9 | 31.0 | -34.8 | -18.4 | ||||||||
| Net Fee Income Growth | % | ... | ... | ... | ... | 1.23 | 8.42 | -11.9 | 15.5 | -40.6 | ||||||||
| Total Revenue Growth | % | ... | ... | ... | ... | 3.21 | -3.90 | 2.33 | -26.3 | -29.0 | ||||||||
| Operating Cost Growth | % | ... | ... | ... | ... | 0.344 | 3.96 | 6.09 | 29.0 | 9.03 | ||||||||
| Operating Profit Growth | % | ... | ... | ... | ... | 11.6 | -24.6 | -11.4 | -267 | 98.7 | ||||||||
| Pre-Tax Profit Growth | % | ... | -106 | 106 | -1,471 | 216 | -13.5 | |||||||||||
| Net Profit Growth | % | ... | ... | ... | ... | -106 | 106 | -1,471 | 216 | -13.5 | ||||||||
| market share | ||||||||||||||||||
| Market Share in Revenues | % | ... | ... | ... | 0.638 | 0.663 | 0.700 | 0.513 | 0.362 | |||||||||
| Market Share in Net Profit | % | ... | ... | ... | ... | 0.093 | 0.266 | ... | ... | ... | ... | ... | ||||||
| Market Share in Employees | % | ... | ... | ... | 1.13 | 1.14 | 1.19 | 1.17 | 1.08 |
| balance sheet | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| balance sheet | ||||||||||||||||||
| Cash | HRK mil | ... | ... | ... | 613 | 712 | 661 | 705 | 453 | |||||||||
| Interbank Loans | HRK mil | ... | ... | ... | 235 | 275 | 150 | 104 | 67.3 | |||||||||
| Customer Loans | HRK mil | ... | ... | ... | 1,617 | 1,703 | 1,750 | 1,366 | 1,047 | |||||||||
| Retail Loans | HRK mil | ... | ... | ... | 336 | 310 | 291 | 291 | 287 | |||||||||
| Corporate Loans | HRK mil | ... | ... | ... | 1,282 | 1,393 | 1,459 | 1,075 | 761 | |||||||||
| Debt Securities | HRK mil | ... | ... | ... | 201 | 149 | 187 | 141 | 77.3 | |||||||||
| Fixed Assets | HRK mil | ... | ... | ... | 33.1 | 34.1 | 33.9 | 32.3 | 30.7 | |||||||||
| Total Assets | HRK mil | 2,879 | 3,057 | 2,946 | 2,445 | 1,818 | ||||||||||||
| Shareholders' Equity | HRK mil | 233 | 332 | 230 | -20.1 | -295 | ||||||||||||
| Of Which Minority Interest | HRK mil | ... | ... | ... | 0 | 0 | 0 | 0 | 0 | |||||||||
| Liabilities | HRK mil | 2,646 | 2,725 | 2,716 | 2,465 | 2,113 | ||||||||||||
| Interbank Borrowing | HRK mil | ... | ... | ... | 1.48 | 8.00 | 0 | 0 | 0 | |||||||||
| Customer Deposits | HRK mil | ... | ... | ... | 2,214 | 2,340 | 2,451 | 2,286 | 1,964 | |||||||||
| Issued Debt Securities | HRK mil | ... | ... | ... | 295 | 330 | 213 | 133 | 112 | |||||||||
| Other Liabilities | HRK mil | ... | ... | ... | 135 | 46.9 | 51.4 | 45.1 | 36.8 | |||||||||
| asset quality | ||||||||||||||||||
| Non-Performing Loans | HRK mil | ... | ... | ... | ... | ... | ... | ... | 98.6 | 104 | 123 | 262 | 997 | |||||
| Gross Loans | HRK mil | ... | ... | ... | 1,750 | 1,836 | 1,945 | 1,852 | 1,752 | |||||||||
| Total Provisions | HRK mil | ... | ... | ... | 133 | 132 | 195 | 486 | 705 | |||||||||
| growth rates | ||||||||||||||||||
| Customer Loan Growth | % | ... | ... | ... | ... | 6.63 | 5.30 | 2.74 | -21.9 | -23.4 | ||||||||
| Retail Loan Growth | % | ... | ... | ... | ... | -1.67 | -7.70 | -6.13 | 0.170 | -1.59 | ||||||||
| Corporate Loan Growth | % | ... | ... | ... | ... | 9.04 | 8.70 | 4.71 | -26.3 | -29.2 | ||||||||
| Total Asset Growth | % | ... | 7.66 | 6.21 | -3.65 | -17.0 | -25.6 | |||||||||||
| Shareholders' Equity Growth | % | ... | -28.3 | 42.8 | -30.8 | -109 | 1,366 | |||||||||||
| Customer Deposit Growth | % | ... | ... | ... | ... | 4.51 | 5.71 | 4.73 | -6.72 | -14.1 | ||||||||
| market share | ||||||||||||||||||
| Market Share in Customer Loans | % | ... | ... | ... | 0.642 | 0.720 | 0.747 | 0.595 | 0.471 | |||||||||
| Market Share in Corporate Loans | % | ... | ... | ... | 1.15 | 1.44 | 1.53 | 1.17 | 0.872 | |||||||||
| Market Share in Consumer Loans | % | ... | ... | ... | 0.262 | 0.245 | 0.235 | 0.238 | 0.238 | |||||||||
| Market Share in Total Assets | % | 0.691 | 0.745 | 0.710 | 0.583 | 0.437 | ||||||||||||
| Market Share in Customer Deposits | % | ... | ... | ... | 1.00 | 1.03 | 1.04 | 0.936 | 0.764 |
| ratios | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| ratios | ||||||||||||||||||
| ROE | % | ... | ... | ... | 1.26 | 2.57 | -35.3 | -299 | 173 | |||||||||
| ROA | % | ... | ... | ... | 0.127 | 0.244 | -3.31 | -11.7 | -12.8 | |||||||||
| Costs (As % Of Assets) | % | ... | ... | ... | 2.68 | 2.60 | 2.73 | 3.92 | 5.41 | |||||||||
| Costs (As % Of Income) | % | ... | ... | ... | 72.5 | 78.5 | 81.3 | 142 | 219 | |||||||||
| Capital Adequacy Ratio | % | 16.0 | 15.3 | 11.3 | -1.35 | -20.3 | ||||||||||||
| Net Interest Margin | % | ... | ... | ... | 2.46 | 1.63 | 2.12 | 1.54 | 1.58 | |||||||||
| Interest Spread | % | ... | ... | ... | 2.09 | 1.30 | 1.78 | 1.41 | 1.77 | |||||||||
| Asset Yield | % | ... | ... | ... | 5.75 | 4.81 | 5.33 | 4.56 | 4.27 | |||||||||
| Cost Of Liabilities | % | ... | ... | ... | 3.65 | 3.51 | 3.55 | 3.15 | 2.50 | |||||||||
| Interest Income (As % Of Revenues) | % | ... | ... | ... | 66.6 | 49.2 | 63.0 | 55.8 | 64.1 | |||||||||
| Fee Income (As % Of Revenues) | % | ... | ... | ... | 15.8 | 17.8 | 15.3 | 24.1 | 20.1 | |||||||||
| Other Income (As % Of Revenues) | % | ... | ... | ... | 17.6 | 32.9 | 21.6 | 20.2 | 15.8 | |||||||||
| Cost Per Employee | USD per month | ... | ... | ... | 1,955 | 1,752 | 1,703 | 1,699 | 1,664 | |||||||||
| Cost Per Employee (Local Currency) | HRK per month | ... | ... | ... | 10,457 | 10,254 | 9,722 | 10,075 | 11,086 | |||||||||
| Staff Cost (As % Of Total Cost) | % | ... | ... | ... | 41.7 | 39.3 | 36.9 | 28.4 | 26.1 | |||||||||
| Equity (As % Of Assets) | % | 8.09 | 10.9 | 7.81 | -0.822 | -16.2 | ||||||||||||
| Loans (As % Of Deposits) | % | ... | ... | ... | 73.1 | 72.8 | 71.4 | 59.8 | 53.3 | |||||||||
| Loans (As % Assets) | % | ... | ... | ... | 56.2 | 55.7 | 59.4 | 55.9 | 57.6 | |||||||||
| NPLs (As % Of Loans) | % | ... | ... | ... | ... | ... | ... | ... | 5.63 | 5.67 | 6.31 | 14.2 | 56.9 | |||||
| Provisions (As % Of NPLs) | % | ... | ... | ... | ... | ... | ... | ... | 134 | 127 | 159 | 185 | 70.7 | |||||
| Provisions (As % Of Loans) | % | ... | ... | ... | 8.20 | 7.77 | 11.1 | 35.5 | 67.3 | |||||||||
| Cost of Provisions (As % Of Loans) | % | ... | ... | ... | 1.57 | 0.842 | 6.85 | 18.1 | 17.4 |
| other data | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| other data | ||||||||||||||||||
| Employees | ... | ... | ... | 247 | 247 | 259 | 248 | 226 |
Get all company financials in excel:
By Helgi Library - August 11, 2018
Jadranska Banka's non-performing loans reached 40.0% of total loans at the end of 2017, up from 33.0% compared to the previous year. Historically, the NPL ratio hit an all time high of 56.9% in 2015 and an all time low of 2.45% in 2009. Provision coverage a...
By Helgi Library - August 11, 2018
Jadranska Banka generated total banking revenues of HRK 60.4 mil in 2017, down 4.24% compared to the previous year. Croatian banking sector banking sector generated total revenues of HRK 16,001 mil in 2017, down 1.51% when compared to the last year. ...
By Helgi Library - August 11, 2018
Jadranska Banka's net interest margin amounted to 1.40% in 2017, down from 2.14% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 3.23% in 2009 and an all time low of 1.40% in 2017. The average marg...
By Helgi Library - August 11, 2018
Jadranska Banka generated total banking revenues of HRK 60.4 mil in 2017, down 4.24% compared to the previous year. Croatian banking sector banking sector generated total revenues of HRK 16,001 mil in 2017, down 1.51% when compared to the last year. ...
By Helgi Library - August 11, 2018
Jadranska Banka's net interest margin amounted to 1.40% in 2017, down from 2.14% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 3.23% in 2009 and an all time low of 1.40% in 2017. The average marg...
By Helgi Library - December 12, 2019
Jadranska Banka's corporate loans reached HRK 179 mil in 2017, down 40.0% compared to the previous year. Croatian banking sector provided corporate loans of HRK 70.6 bil in 2017, up 2.98% when compared to the last year. Jadranska Banka accounted for 0.219...
By Helgi Library - December 12, 2019
Jadranska Banka's corporate loans reached HRK 179 mil in 2017, down 40.0% compared to the previous year. Croatian banking sector provided corporate loans of HRK 70.6 bil in 2017, up 2.98% when compared to the last year. Jadranska Banka accounted for 0.219...
By Helgi Library - August 11, 2018
Jadranska Banka made a net profit of HRK -31.0 mil under revenues of HRK 60.4 mil in 2017, up 80.1% and -4.24% respectively compared to the previous year. Historically, the bank’s net profit reached an all time high of HRK 33.4 mil in 2008 and an all time low of HRK ...
By Helgi Library - August 11, 2018
Jadranska Banka made a net profit of HRK -31.0 mil under revenues of HRK 60.4 mil in 2017, up 80.1% and -4.24% respectively compared to the previous year. Historically, the bank’s net profit reached an all time high of HRK 33.4 mil in 2008 and an all time low of HRK ...
By Helgi Library - August 11, 2018
Jadranska Banka's customer deposits reached HRK 1,542 mil in 2017, down 11.1% compared to the previous year. Croatian banking sector accepted customer deposits of HRK 273 bil in 2017, up 2.57% when compared to the last year. Jadranska Banka accounted for ...
Jadranska Banka has been growing its revenues and asset by -4.26% and -2.27% a year on average in the last 10 years. Its loans and deposits have grown by -9.77% and -0.657% a year during that time and loans to deposits ratio reached 26.4% at the end of 2017. The company achieved an average return on equity of -8.43% in the last decade with net profit growing % a year on average. In terms of operating efficiency, its cost to income ratio reached 88.6% in 2017, compared to 105% average in the last decade.
Equity represented 2.35% of total assets or 9.98% of loans at the end of 2017. Jadranska Banka's non-performing loans were 40.0% of total loans while provisions covered some 51.8% of NPLs at the end of 2017.
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