By Helgi Library - September 17, 2018
Komercijalna Banka Beograd made a net profit of RSD 8,268 mil under revenues of RSD 20,035 mil in 2017, up 232% and -1.98% respective...
By Helgi Library - September 17, 2018
Komercijalna Banka Beograd made a net profit of RSD 8,268 mil under revenues of RSD 20,035 mil in 2017, up 232% and -1.98% respective...
By Helgi Library - September 17, 2018
Komercijalna Banka Beograd's mortgage loans reached RSD 41,445 mil in 2017, down 0.394% compared to the previous year. Serbian ...
| Profit Statement | 2015 | 2016 | 2017 | |
| Net Interest Income | RSD mil | 13,530 | 14,456 | 13,517 |
| Net Fee Income | RSD mil | 4,900 | 5,094 | 5,414 |
| Other Income | RSD mil | 464 | 890 | 1,104 |
| Total Revenues | RSD mil | 18,893 | 20,440 | 20,035 |
| Staff Cost | RSD mil | 4,122 | 5,059 | 5,131 |
| Operating Profit | RSD mil | 6,594 | 6,546 | 7,316 |
| Provisions | RSD mil | 13,009 | 13,080 | 0 |
| Net Profit | RSD mil | -6,300 | -6,241 | 8,268 |
| Balance Sheet | 2015 | 2016 | 2017 | |
| Interbank Loans | RSD mil | 16,844 | 40,601 | 29,544 |
| Customer Loans | RSD mil | 179,423 | 150,411 | 153,897 |
| Total Assets | RSD mil | 391,857 | 400,017 | 369,184 |
| Shareholders' Equity | RSD mil | 61,457 | 55,424 | 63,260 |
| Interbank Borrowing | RSD mil | 17,159 | 7,835 | 4,533 |
| Customer Deposits | RSD mil | 300,006 | 322,621 | 292,472 |
| Issued Debt Securities | RSD mil | 6,078 | 6,178 | 0 |
| Ratios | 2015 | 2016 | 2017 | |
| ROE | % | -9.43 | -10.7 | 13.9 |
| ROA | % | -1.53 | -1.58 | 2.15 |
| Costs (As % Of Assets) | % | 2.99 | 3.51 | 3.31 |
| Costs (As % Of Income) | % | 65.1 | 68.0 | 63.5 |
| Capital Adequacy Ratio | % | 22.7 | 27.0 | 27.9 |
| Net Interest Margin | % | 3.29 | 3.65 | 3.51 |
| Loans (As % Of Deposits) | % | 59.8 | 46.6 | 52.6 |
| NPLs (As % Of Loans) | % | 18.8 | 22.2 | 15.7 |
| Provisions (As % Of NPLs) | % | 93.5 | 79.0 | 69.4 |
| Growth Rates | 2015 | 2016 | 2017 | |
| Total Revenue Growth | % | -5.46 | 8.19 | -1.98 |
| Operating Cost Growth | % | -0.579 | 13.0 | -8.46 |
| Operating Profit Growth | % | -13.4 | -0.736 | 11.8 |
| Net Profit Growth | % | -231 | -0.929 | -232 |
| Customer Loan Growth | % | -12.0 | -16.2 | 2.32 |
| Total Asset Growth | % | -9.02 | 2.08 | -7.71 |
| Customer Deposit Growth | % | -6.57 | 7.54 | -9.35 |
| Shareholders' Equity Growth | % | -14.8 | -9.82 | 14.1 |
| Employees | 2,877 | 2,858 | 2,806 | |
Get all company financials in excel:
| summary | Unit | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| income statement | ||||||||||||||
| Net Interest Income | RSD mil | 10,931 | 12,133 | 14,129 | 14,436 | 13,530 | ||||||||
| Total Revenues | RSD mil | 28,989 | 35,295 | 19,757 | 19,985 | 18,893 | ||||||||
| Operating Profit | RSD mil | 5,476 | 6,371 | 7,760 | 7,615 | 6,594 | ||||||||
| Net Profit | RSD mil | 3,535 | 3,946 | 4,462 | 4,795 | -6,300 | ||||||||
| balance sheet | ||||||||||||||
| Interbank Loans | RSD mil | 59,039 | 45,826 | 35,680 | 35,734 | 16,844 | ||||||||
| Customer Loans | RSD mil | 169,380 | 194,416 | 195,554 | 203,829 | 179,423 | ||||||||
| Debt Securities | RSD mil | 31,243 | 47,705 | 59,529 | 99,470 | 128,024 | ||||||||
| Total Assets | RSD mil | 292,679 | 343,171 | 384,296 | 430,702 | 391,857 | ||||||||
| Shareholders' Equity | RSD mil | 46,044 | 62,073 | 67,042 | 72,101 | 61,457 | ||||||||
| Interbank Borrowing | RSD mil | 2,256 | 14,729 | 23,227 | 26,248 | 17,159 | ||||||||
| Customer Deposits | RSD mil | 219,923 | 250,485 | 283,075 | 321,094 | 300,006 | ||||||||
| Issued Debt Securities | RSD mil | 0 | 5,655 | 5,711 | 6,037 | 6,078 | ||||||||
| ratios | ||||||||||||||
| ROE | % | 7.96 | 7.30 | 6.91 | 6.89 | -9.43 | ||||||||
| ROA | % | 1.25 | 1.24 | 1.23 | 1.18 | -1.53 | ||||||||
| Costs (As % Of Assets) | % | 8.32 | 9.10 | 3.30 | 3.04 | 2.99 | ||||||||
| Costs (As % Of Income) | % | 81.1 | 81.9 | 60.7 | 61.9 | 65.1 | ||||||||
| Capital Adequacy Ratio | % | ... | ... | ... | 18.3 | 22.4 | 19.0 | 17.7 | 22.7 | |||||
| Net Interest Margin | % | 3.87 | 3.82 | 3.88 | 3.54 | 3.29 | ||||||||
| Interest Income (As % Of Revenues) | % | 37.7 | 34.4 | 71.5 | 72.2 | 71.6 | ||||||||
| Fee Income (As % Of Revenues) | % | 16.1 | 13.7 | 24.4 | 24.9 | 25.9 | ||||||||
| Staff Cost (As % Of Total Cost) | % | 18.6 | 16.3 | 39.9 | 38.4 | 33.5 | ||||||||
| Equity (As % Of Assets) | % | 15.7 | 18.1 | 17.4 | 16.7 | 15.7 | ||||||||
| Loans (As % Of Deposits) | % | 77.0 | 77.6 | 69.1 | 63.5 | 59.8 | ||||||||
| Loans (As % Assets) | % | 57.9 | 56.7 | 50.9 | 47.3 | 45.8 | ||||||||
| NPLs (As % Of Loans) | % | ... | ... | ... | 23.8 | 16.3 | 20.1 | 21.9 | 18.8 | |||||
| Provisions (As % Of NPLs) | % | ... | ... | ... | 26.4 | 38.2 | 46.8 | 49.2 | 93.5 | |||||
| valuation | ||||||||||||||
| Book Value Per Share Growth | % | ... | 30.6 | 11.0 | 16.4 | 2.18 | -6.28 |
| income statement | Unit | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| income statement | ||||||||||||||
| Interest Income | RSD mil | 19,372 | 21,722 | 23,647 | 22,792 | 18,856 | ||||||||
| Interest Cost | RSD mil | 8,441 | 9,588 | 9,518 | 8,355 | 5,327 | ||||||||
| Net Interest Income | RSD mil | 10,931 | 12,133 | 14,129 | 14,436 | 13,530 | ||||||||
| Net Fee Income | RSD mil | 4,669 | 4,830 | 4,829 | 4,984 | 4,900 | ||||||||
| Other Income | RSD mil | 13,389 | 18,331 | 800 | 565 | 464 | ||||||||
| Total Revenues | RSD mil | 28,989 | 35,295 | 19,757 | 19,985 | 18,893 | ||||||||
| Staff Cost | RSD mil | 4,371 | 4,709 | 4,785 | 4,745 | 4,122 | ||||||||
| Depreciation | RSD mil | 759 | 843 | 879 | 933 | 797 | ||||||||
| Other Cost | RSD mil | 18,383 | 23,372 | 6,333 | 6,692 | 7,380 | ||||||||
| Operating Cost | RSD mil | 23,512 | 28,924 | 11,997 | 12,371 | 12,299 | ||||||||
| Operating Profit | RSD mil | 5,476 | 6,371 | 7,760 | 7,615 | 6,594 | ||||||||
| Provisions | RSD mil | 1,488 | 1,946 | 3,360 | 2,821 | 13,009 | ||||||||
| Extra and Other Cost | RSD mil | < -0.001 | 0 | 0 | 0.284 | 0 | ||||||||
| Pre-Tax Profit | RSD mil | 3,988 | 4,424 | 4,401 | 4,793 | -6,414 | ||||||||
| Tax | RSD mil | 453 | -478 | -61.3 | -2.58 | -115 | ||||||||
| Minorities | RSD mil | 0 | 0 | 0 | 0 | 0 | ||||||||
| Net Profit | RSD mil | 3,535 | 3,946 | 4,462 | 4,795 | -6,300 | ||||||||
| growth rates | ||||||||||||||
| Net Interest Income Growth | % | ... | 30.6 | 11.0 | 16.4 | 2.18 | -6.28 | |||||||
| Net Fee Income Growth | % | ... | 14.0 | 3.46 | -0.021 | 3.20 | -1.69 | |||||||
| Total Revenue Growth | % | ... | 5.71 | 21.8 | -44.0 | 1.15 | -5.46 | |||||||
| Operating Cost Growth | % | ... | 3.72 | 23.0 | -58.5 | 3.11 | -0.579 | |||||||
| Operating Profit Growth | % | ... | 15.2 | 16.3 | 21.8 | -1.88 | -13.4 | |||||||
| Pre-Tax Profit Growth | % | ... | 25.7 | 10.9 | -0.538 | 8.91 | -234 | |||||||
| Net Profit Growth | % | ... | 22.4 | 11.6 | 13.1 | 7.47 | -231 | |||||||
| market share | ||||||||||||||
| Market Share in Revenues | % | 17.6 | 20.9 | 12.1 | 11.4 | 10.3 | ||||||||
| Market Share in Net Profit | % | 283 | 33.9 | ... | 211 | ... | ... | |||||||
| Market Share in Employees | % | 11.2 | 11.5 | 11.2 | 11.6 | 11.9 | ||||||||
| Market Share in Branches | % | ... | ... | 9.78 | 11.1 | 12.8 | 15.6 | 15.4 |
| balance sheet | Unit | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| balance sheet | ||||||||||||||
| Cash | RSD mil | 19,246 | 42,053 | 75,137 | 72,634 | 63,524 | ||||||||
| Interbank Loans | RSD mil | 59,039 | 45,826 | 35,680 | 35,734 | 16,844 | ||||||||
| Customer Loans | RSD mil | 169,380 | 194,416 | 195,554 | 203,829 | 179,423 | ||||||||
| Retail Loans | RSD mil | ... | ... | ... | 48,556 | 55,917 | 61,849 | 69,039 | 70,785 | |||||
| Mortgage Loans | RSD mil | ... | ... | ... | 25,894 | 30,109 | 35,829 | 40,114 | 40,543 | |||||
| Consumer Loans | RSD mil | ... | ... | ... | 22,662 | 25,808 | 26,020 | 28,925 | 30,242 | |||||
| Corporate Loans | RSD mil | ... | ... | ... | 98,486 | 118,860 | 112,261 | 112,768 | 89,204 | |||||
| Debt Securities | RSD mil | 31,243 | 47,705 | 59,529 | 99,470 | 128,024 | ||||||||
| Fixed Assets | RSD mil | 8,478 | 8,516 | 7,462 | 7,057 | 6,356 | ||||||||
| Total Assets | RSD mil | 292,679 | 343,171 | 384,296 | 430,702 | 391,857 | ||||||||
| Shareholders' Equity | RSD mil | 46,044 | 62,073 | 67,042 | 72,101 | 61,457 | ||||||||
| Of Which Minority Interest | RSD mil | 0.056 | 0.062 | 0.063 | 0.067 | 0.067 | ||||||||
| Liabilities | RSD mil | 246,635 | 281,097 | 317,254 | 358,601 | 330,400 | ||||||||
| Interbank Borrowing | RSD mil | 2,256 | 14,729 | 23,227 | 26,248 | 17,159 | ||||||||
| Customer Deposits | RSD mil | 219,923 | 250,485 | 283,075 | 321,094 | 300,006 | ||||||||
| Retail Deposits | RSD mil | ... | ... | ... | 143,062 | 164,533 | 194,796 | 216,147 | 227,735 | |||||
| Corporate Deposits | RSD mil | ... | ... | ... | 76,861 | 85,952 | 88,280 | 104,948 | 72,271 | |||||
| Issued Debt Securities | RSD mil | 0 | 5,655 | 5,711 | 6,037 | 6,078 | ||||||||
| Other Liabilities | RSD mil | 24,457 | 10,228 | 5,240 | 5,223 | 7,157 | ||||||||
| asset quality | ||||||||||||||
| Non-Performing Loans | RSD mil | ... | ... | ... | 43,079 | 33,847 | 43,384 | 49,971 | 40,792 | |||||
| Gross Loans | RSD mil | 180,761 | 207,358 | 215,839 | 228,398 | 217,556 | ||||||||
| Total Provisions | RSD mil | ... | ... | ... | 11,380 | 12,942 | 20,284 | 24,569 | 38,134 | |||||
| growth rates | ||||||||||||||
| Customer Loan Growth | % | ... | 3.78 | 14.8 | 0.586 | 4.23 | -12.0 | |||||||
| Retail Loan Growth | % | ... | ... | ... | ... | 7.01 | 15.2 | 10.6 | 11.6 | 2.53 | ||||
| Mortgage Loan Growth | % | ... | ... | ... | ... | 6.90 | 16.3 | 19.0 | 12.0 | 1.07 | ||||
| Consumer Loan Growth | % | ... | ... | ... | ... | 7.14 | 13.9 | 0.820 | 11.2 | 4.55 | ||||
| Corporate Loan Growth | % | ... | ... | ... | ... | 9.13 | 20.7 | -5.55 | 0.452 | -20.9 | ||||
| Total Asset Growth | % | ... | 7.52 | 17.3 | 12.0 | 12.1 | -9.02 | |||||||
| Shareholders' Equity Growth | % | ... | 7.74 | 34.8 | 8.00 | 7.55 | -14.8 | |||||||
| Customer Deposit Growth | % | ... | 3.43 | 13.9 | 13.0 | 13.4 | -6.57 | |||||||
| Retail Deposit Growth | % | ... | ... | ... | ... | 9.24 | 15.0 | 18.4 | 11.0 | 5.36 | ||||
| Corporate Deposit Growth | % | ... | ... | ... | ... | -5.88 | 11.8 | 2.71 | 18.9 | -31.1 | ||||
| market share | ||||||||||||||
| Market Share in Customer Loans | % | 8.52 | 8.64 | 8.86 | 8.55 | 7.12 | ||||||||
| Market Share in Corporate Loans | % | ... | ... | ... | 9.68 | 10.6 | 11.1 | 11.6 | 8.99 | |||||
| Market Share in Retail Loans | % | ... | ... | ... | 6.96 | 7.52 | 7.26 | 7.46 | 7.33 | |||||
| Market Share in Consumer Loans | % | ... | ... | ... | 8.07 | 8.57 | 9.18 | 9.53 | 9.33 | |||||
| Market Share in Mortgage Loans | % | ... | ... | ... | 9.38 | 9.72 | 11.4 | 11.9 | 11.7 | |||||
| Market Share in Total Assets | % | 10.1 | 10.9 | 12.2 | 13.0 | 11.4 | ||||||||
| Market Share in Customer Deposits | % | 15.9 | 16.4 | 17.8 | 18.7 | 16.4 | ||||||||
| Market Share in Retail Deposits | % | ... | ... | ... | 16.7 | 16.6 | 19.0 | 19.7 | 20.1 | |||||
| Market Share in Corporate Deposits | % | ... | ... | ... | 18.2 | 19.9 | 20.6 | 21.0 | 12.5 |
| ratios | Unit | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| ratios | ||||||||||||||
| ROE | % | 7.96 | 7.30 | 6.91 | 6.89 | -9.43 | ||||||||
| ROA | % | 1.25 | 1.24 | 1.23 | 1.18 | -1.53 | ||||||||
| Costs (As % Of Assets) | % | 8.32 | 9.10 | 3.30 | 3.04 | 2.99 | ||||||||
| Costs (As % Of Income) | % | 81.1 | 81.9 | 60.7 | 61.9 | 65.1 | ||||||||
| Capital Adequacy Ratio | % | ... | ... | ... | 18.3 | 22.4 | 19.0 | 17.7 | 22.7 | |||||
| Net Interest Margin | % | 3.87 | 3.82 | 3.88 | 3.54 | 3.29 | ||||||||
| Interest Spread | % | ... | 3.31 | 3.20 | 3.32 | 3.12 | 3.04 | |||||||
| Asset Yield | % | 6.86 | 6.83 | 6.50 | 5.59 | 4.58 | ||||||||
| Cost Of Liabilities | % | ... | 3.55 | 3.63 | 3.18 | 2.47 | 1.55 | |||||||
| Interest Income (As % Of Revenues) | % | 37.7 | 34.4 | 71.5 | 72.2 | 71.6 | ||||||||
| Fee Income (As % Of Revenues) | % | 16.1 | 13.7 | 24.4 | 24.9 | 25.9 | ||||||||
| Other Income (As % Of Revenues) | % | 46.2 | 51.9 | 4.05 | 2.83 | 2.45 | ||||||||
| Cost Per Employee | USD per month | 1,513 | 1,371 | 1,579 | 1,486 | 1,130 | ||||||||
| Cost Per Employee (Local Currency) | RSD per month | 110,974 | 120,587 | 134,437 | 136,077 | 119,383 | ||||||||
| Staff Cost (As % Of Total Cost) | % | 18.6 | 16.3 | 39.9 | 38.4 | 33.5 | ||||||||
| Equity (As % Of Assets) | % | 15.7 | 18.1 | 17.4 | 16.7 | 15.7 | ||||||||
| Loans (As % Of Deposits) | % | 77.0 | 77.6 | 69.1 | 63.5 | 59.8 | ||||||||
| Loans (As % Assets) | % | 57.9 | 56.7 | 50.9 | 47.3 | 45.8 | ||||||||
| NPLs (As % Of Loans) | % | ... | ... | ... | 23.8 | 16.3 | 20.1 | 21.9 | 18.8 | |||||
| Provisions (As % Of NPLs) | % | ... | ... | ... | 26.4 | 38.2 | 46.8 | 49.2 | 93.5 | |||||
| Provisions (As % Of Loans) | % | ... | ... | ... | 6.72 | 6.66 | 10.4 | 12.1 | 21.3 | |||||
| Cost of Provisions (As % Of Loans) | % | 0.895 | 1.07 | 1.72 | 1.41 | 6.79 |
Get all company financials in excel:
By Helgi Library - September 17, 2018
Komercijalna Banka Beograd's mortgage loans reached RSD 41,445 mil in 2017, down 0.394% compared to the previous year. Serbian banking sector provided mortgage loans of RSD 356 bil in 2017, down 1.10% when compared to the last year. Komercijalna Banka Beo...
By Helgi Library - September 17, 2018
Komercijalna Banka Beograd employed 2,806 persons in 2017, down 1.82% when compared to the previous year. Historically, the bank's workforce hit an all time high of 3,444 persons in 2008 and an all time low of 2,806 in 2017. Average cost reached USD 1,414 per mont...
By Helgi Library - September 17, 2018
Komercijalna Banka Beograd employed 2,806 persons in 2017, down 1.82% when compared to the previous year. Historically, the bank's workforce hit an all time high of 3,444 persons in 2008 and an all time low of 2,806 in 2017. Average cost reached USD 1,414 per mont...
By Helgi Library - September 17, 2018
Komercijalna Banka Beograd's retail deposits reached RSD 230,034 mil in 2017, down 0.553% compared to the previous year. Serbian banking sector accepted retail deposits of RSD 1,223 bil in 2017, up 1.09% when compared to the last year. Komercijalna Banka ...
By Helgi Library - September 17, 2018
Komercijalna Banka Beograd's retail deposits reached RSD 230,034 mil in 2017, down 0.553% compared to the previous year. Serbian banking sector accepted retail deposits of RSD 1,223 bil in 2017, up 1.09% when compared to the last year. Komercijalna Banka ...
By Helgi Library - September 17, 2018
Komercijalna Banka Beograd's cost to income ratio reached 63.5% in 2017, down from 68.0% compared to the previous year. Historically, the bank’s costs reached an all time high of 83.7% of income in 2008 and an all time low of 60.7% in 2013. When compared t...
By Helgi Library - September 17, 2018
Komercijalna Banka Beograd's cost to income ratio reached 63.5% in 2017, down from 68.0% compared to the previous year. Historically, the bank’s costs reached an all time high of 83.7% of income in 2008 and an all time low of 60.7% in 2013. When compared t...
By Helgi Library - September 17, 2018
Komercijalna Banka Beograd's non-performing loans reached 15.7% of total loans at the end of 2017, down from 22.2% compared to the previous year. Historically, the NPL ratio hit an all time high of 23.8% in 2011 and an all time low of 12.7% in 2010. Provisi...
By Helgi Library - September 17, 2018
Komercijalna Banka Beograd's non-performing loans reached 15.7% of total loans at the end of 2017, down from 22.2% compared to the previous year. Historically, the NPL ratio hit an all time high of 23.8% in 2011 and an all time low of 12.7% in 2010. Provisi...
By Helgi Library - September 17, 2018
Komercijalna Banka Beograd's loans reached RSD 172,671 mil in the 2017, down from RSD 182,502 mil compared to the previous year. Historically, the bank’s loans reached an all time high of RSD 228,398 mil in 2014 and an all time low of RSD 125,807 mil in 2008....
Komercijalna Banka a.d. Beograd is a Serbia-based universal bank. The Bank with its subsidiaries is the second largest Serbian banking and financial groups holding around 12% of the Serbian banking assets. 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, Komercijalna Banka operated through a network of 254 branches across Serbia serving over 700,000 customers with a help of over 3,200 employees.
Komercijalna Banka Beograd has been growing its revenues and asset by 2.12% and 8.86% a year on average in the last 10 years. Its loans and deposits have grown by 4.54% and 8.50% a year during that time and loans to deposits ratio reached 52.6% at the end of 2017. The company achieved an average return on equity of 5.04% in the last decade with net profit growing 9.90% a year on average. In terms of operating efficiency, its cost to income ratio reached 63.5% in 2017, compared to 73.2% average in the last decade.
Equity represented 17.1% of total assets or 41.1% of loans at the end of 2017. Komercijalna Banka Beograd's non-performing loans were 15.7% of total loans while provisions covered some 69.4% of NPLs at the end of 2017.
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