By Helgi Library - June 7, 2018
Oberbank's non-performing loans reached 2.81% of total loans at the end of 2017, down from 3.53% compared to the previous year. ...
By Helgi Library - June 7, 2018
Oberbank's non-performing loans reached 2.81% of total loans at the end of 2017, down from 3.53% compared to the previous year. ...
By Helgi Library - June 7, 2018
Oberbank made a net profit of EUR 200 mil in 2017, up 10.5% compared to the previous year. This implies a return on equity of 8....
| Profit Statement | 2015 | 2016 | 2017 | |
| Net Interest Income | EUR mil | 300 | 308 | 315 |
| Net Fee Income | EUR mil | 133 | 131 | 141 |
| Other Income | EUR mil | 91.3 | 62.7 | 82.2 |
| Total Revenues | EUR mil | 524 | 502 | 538 |
| Staff Cost | EUR mil | 149 | 154 | 164 |
| Operating Profit | EUR mil | 280 | 250 | 272 |
| Provisions | EUR mil | 47.1 | 25.0 | 28.4 |
| Net Profit | EUR mil | 166 | 181 | 200 |
| Balance Sheet | 2015 | 2016 | 2017 | |
| Interbank Loans | EUR mil | 1,066 | 726 | 1,253 |
| Customer Loans | EUR mil | 12,352 | 13,325 | 14,368 |
| Total Assets | EUR mil | 18,243 | 19,159 | 20,831 |
| Shareholders' Equity | EUR mil | 1,926 | 2,283 | 2,467 |
| Interbank Borrowing | EUR mil | 2,996 | 3,159 | 4,155 |
| Customer Deposits | EUR mil | 10,522 | 10,945 | 11,397 |
| Issued Debt Securities | EUR mil | 2,099 | 2,064 | 1,997 |
| Ratios | 2015 | 2016 | 2017 | |
| ROE | % | 9.61 | 8.60 | 8.42 |
| ROA | % | 0.923 | 0.968 | 1.00 |
| Costs (As % Of Assets) | % | 1.35 | 1.35 | 1.33 |
| Costs (As % Of Income) | % | 46.5 | 50.2 | 49.5 |
| Capital Adequacy Ratio | % | 17.7 | 19.4 | 17.0 |
| Net Interest Margin | % | 1.66 | 1.65 | 1.58 |
| Loans (As % Of Deposits) | % | 117 | 122 | 126 |
| NPLs (As % Of Loans) | % | 4.86 | 3.53 | 2.81 |
| Provisions (As % Of NPLs) | % | 78.3 | 93.0 | 94.7 |
| Valuation | 2015 | 2016 | 2017 | |
| Price/Earnings (P/E) | 9.65 | 10.8 | 14.5 | |
| Price/Book Value (P/BV) | 0.884 | 0.933 | 1.17 | |
| Earnings Per Share (EPS) | 5.47 | 5.58 | 5.67 | |
| Book Value Per Share | 59.7 | 64.7 | 69.9 | |
Get all company financials in excel:
| summary | Unit | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| income statement | ||||||||||
| Net Interest Income | EUR mil | ... | 279 | 277 | 287 | 314 | 300 | |||
| Total Revenues | EUR mil | ... | 455 | 628 | 438 | 498 | 524 | |||
| Operating Profit | EUR mil | ... | 226 | 403 | 207 | 261 | 280 | |||
| Net Profit | EUR mil | ... | 111 | 111 | 122 | 137 | 166 | |||
| balance sheet | ||||||||||
| Interbank Loans | EUR mil | ... | 1,566 | 1,769 | 1,693 | 1,461 | 1,066 | |||
| Customer Loans | EUR mil | ... | 10,564 | 10,877 | 11,317 | 11,802 | 12,352 | |||
| Debt Securities | EUR mil | ... | 4,443 | 4,242 | 3,868 | 3,707 | 3,817 | |||
| Total Assets | EUR mil | ... | 17,484 | 17,675 | 17,571 | 17,775 | 18,243 | |||
| Shareholders' Equity | EUR mil | ... | 1,222 | 1,342 | 1,421 | 1,534 | 1,926 | |||
| Interbank Borrowing | EUR mil | ... | 4,279 | 4,040 | 3,239 | 3,252 | 2,996 | |||
| Customer Deposits | EUR mil | ... | 9,064 | 9,399 | 10,026 | 9,994 | 10,522 | |||
| Issued Debt Securities | EUR mil | ... | 2,251 | 2,209 | 2,224 | 2,295 | 2,099 | |||
| ratios | ||||||||||
| ROE | % | ... | 9.33 | 8.67 | 8.86 | 9.25 | 9.61 | |||
| ROA | % | ... | 0.649 | 0.632 | 0.694 | 0.773 | 0.923 | |||
| Costs (As % Of Assets) | % | ... | 1.34 | 1.29 | 1.31 | 1.34 | 1.35 | |||
| Costs (As % Of Income) | % | ... | 50.4 | 35.9 | 52.8 | 47.6 | 46.5 | |||
| Capital Adequacy Ratio | % | 16.5 | 16.8 | 17.0 | 15.7 | 17.7 | ||||
| Net Interest Margin | % | ... | 1.63 | 1.58 | 1.63 | 1.78 | 1.66 | |||
| Interest Income (As % Of Revenues) | % | ... | 61.2 | 44.1 | 65.5 | 63.1 | 57.2 | |||
| Fee Income (As % Of Revenues) | % | ... | 22.9 | 17.2 | 26.2 | 24.0 | 25.3 | |||
| Staff Cost (As % Of Total Cost) | % | ... | 57.8 | 61.0 | 60.7 | 61.2 | 61.3 | |||
| Equity (As % Of Assets) | % | ... | 6.99 | 7.60 | 8.09 | 8.63 | 10.6 | |||
| Loans (As % Of Deposits) | % | ... | 117 | 116 | 113 | 118 | 117 | |||
| Loans (As % Assets) | % | ... | 60.4 | 61.5 | 64.4 | 66.4 | 67.7 | |||
| NPLs (As % Of Loans) | % | ... | ... | 4.47 | 4.48 | 5.00 | 5.03 | 4.86 | ||
| Provisions (As % Of NPLs) | % | ... | ... | 71.7 | 73.2 | 67.6 | 76.8 | 78.3 | ||
| valuation | ||||||||||
| Market Capitalisation (End Of Period) | USD mil | ... | ... | 1,765 | 1,823 | 1,924 | 1,739 | 1,748 | ||
| Number Of Shares (Average) | mil | ... | ... | 28.8 | 28.8 | 28.8 | 28.7 | 30.4 | ||
| Share Price (End Of Period) | ... | ... | 47.3 | 48.0 | 48.5 | 50.0 | 52.8 | |||
| Earnings Per Share (EPS) | ... | ... | 3.86 | 3.86 | 4.25 | 4.75 | 5.47 | |||
| Book Value Per Share | ... | ... | 42.5 | 46.6 | 49.4 | 53.3 | 59.7 | |||
| Price/Earnings (P/E) | ... | ... | 12.2 | 12.4 | 11.4 | 10.5 | 9.65 | |||
| Price/Book Value (P/BV) | ... | ... | 1.11 | 1.03 | 0.982 | 0.938 | 0.884 | |||
| Earnings Per Share Growth | % | ... | ... | ... | -0.054 | 10.1 | 11.8 | 15.1 | ||
| Book Value Per Share Growth | % | ... | ... | 1.28 | 9.85 | 5.85 | 7.96 | 12.1 |
| income statement | Unit | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| income statement | ||||||||||
| Interest Income | EUR mil | ... | 599 | 564 | 481 | 483 | 437 | |||
| Interest Cost | EUR mil | ... | 320 | 287 | 194 | 169 | 138 | |||
| Net Interest Income | EUR mil | ... | 279 | 277 | 287 | 314 | 300 | |||
| Net Fee Income | EUR mil | ... | 105 | 108 | 115 | 119 | 133 | |||
| Other Income | EUR mil | ... | 72.0 | 243 | 36.4 | 64.3 | 91.3 | |||
| Total Revenues | EUR mil | ... | 455 | 628 | 438 | 498 | 524 | |||
| Staff Cost | EUR mil | ... | 133 | 138 | 140 | 145 | 149 | |||
| Depreciation | EUR mil | ... | 0 | 0 | 0 | 0 | 0 | |||
| Other Cost | EUR mil | ... | 96.8 | 88.2 | 90.7 | 91.9 | 94.2 | |||
| Operating Cost | EUR mil | ... | 229 | 226 | 231 | 237 | 243 | |||
| Operating Profit | EUR mil | ... | 226 | 403 | 207 | 261 | 280 | |||
| Provisions | EUR mil | ... | 97.6 | 59.8 | 70.6 | 78.0 | 47.1 | |||
| Extra and Other Cost | EUR mil | ... | 2.36 | 207 | -5.45 | 25.0 | 41.8 | |||
| Pre-Tax Profit | EUR mil | ... | 126 | 136 | 142 | 158 | 191 | |||
| Tax | EUR mil | ... | 14.8 | 24.6 | 19.3 | 21.1 | 25.1 | |||
| Minorities | EUR mil | ... | 0.025 | 0.019 | 0.040 | -0.134 | 0.107 | |||
| Net Profit | EUR mil | ... | 111 | 111 | 122 | 137 | 166 | |||
| growth rates | ||||||||||
| Net Interest Income Growth | % | ... | ... | 1.28 | -0.608 | 3.47 | 9.44 | -4.56 | ||
| Net Fee Income Growth | % | ... | ... | 3.27 | 3.55 | 5.91 | 4.09 | 11.3 | ||
| Total Revenue Growth | % | ... | ... | 6.76 | 38.0 | -30.3 | 13.6 | 5.26 | ||
| Operating Cost Growth | % | ... | ... | 3.95 | -1.55 | 2.26 | 2.57 | 2.68 | ||
| Operating Profit Growth | % | ... | ... | 9.77 | 78.1 | -48.6 | 26.0 | 7.61 | ||
| Pre-Tax Profit Growth | % | ... | ... | 10.1 | 7.76 | 4.35 | 11.2 | 21.5 | ||
| Net Profit Growth | % | ... | ... | 13.1 | -0.054 | 10.1 | 11.6 | 21.7 |
| balance sheet | Unit | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| balance sheet | ||||||||||
| Cash | EUR mil | ... | 300 | 183 | 175 | 147 | 354 | |||
| Interbank Loans | EUR mil | ... | 1,566 | 1,769 | 1,693 | 1,461 | 1,066 | |||
| Customer Loans | EUR mil | ... | 10,564 | 10,877 | 11,317 | 11,802 | 12,352 | |||
| Retail Loans | EUR mil | ... | ... | ... | ... | ... | ... | 2,695 | ... | |
| Corporate Loans | EUR mil | ... | ... | ... | ... | ... | ... | 9,657 | ... | |
| Debt Securities | EUR mil | ... | 4,443 | 4,242 | 3,868 | 3,707 | 3,817 | |||
| Fixed Assets | EUR mil | ... | 225 | 233 | 238 | 256 | 248 | |||
| Total Assets | EUR mil | ... | 17,484 | 17,675 | 17,571 | 17,775 | 18,243 | |||
| Shareholders' Equity | EUR mil | ... | 1,222 | 1,342 | 1,421 | 1,534 | 1,926 | |||
| Of Which Minority Interest | EUR mil | ... | 1.41 | 2.93 | 2.96 | 3.24 | 4.56 | |||
| Liabilities | EUR mil | ... | 16,262 | 16,333 | 16,150 | 16,241 | 16,318 | |||
| Interbank Borrowing | EUR mil | ... | 4,279 | 4,040 | 3,239 | 3,252 | 2,996 | |||
| Customer Deposits | EUR mil | ... | 9,064 | 9,399 | 10,026 | 9,994 | 10,522 | |||
| Retail Deposits | EUR mil | ... | ... | ... | ... | ... | ... | 4,736 | ... | |
| Corporate Deposits | EUR mil | ... | ... | ... | ... | ... | ... | 5,786 | ... | |
| Issued Debt Securities | EUR mil | ... | 2,251 | 2,209 | 2,224 | 2,295 | 2,099 | |||
| Other Liabilities | EUR mil | ... | 668 | 685 | 661 | 700 | 702 | |||
| asset quality | ||||||||||
| Non-Performing Loans | EUR mil | ... | ... | 488 | 504 | 586 | 618 | 624 | ||
| Gross Loans | EUR mil | ... | 10,914 | 11,246 | 11,713 | 12,276 | 12,840 | |||
| Total Provisions | EUR mil | ... | 350 | 369 | 396 | 474 | 488 | |||
| growth rates | ||||||||||
| Customer Loan Growth | % | ... | ... | 4.29 | 2.96 | 4.05 | 4.28 | 4.66 | ||
| Total Asset Growth | % | ... | ... | 4.27 | 1.09 | -0.589 | 1.16 | 2.64 | ||
| Shareholders' Equity Growth | % | ... | ... | 5.26 | 9.85 | 5.85 | 7.96 | 25.5 | ||
| Customer Deposit Growth | % | ... | ... | 1.81 | 3.69 | 6.67 | -0.323 | 5.28 |
| ratios | Unit | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| ratios | ||||||||||
| ROE | % | ... | 9.33 | 8.67 | 8.86 | 9.25 | 9.61 | |||
| ROA | % | ... | 0.649 | 0.632 | 0.694 | 0.773 | 0.923 | |||
| Costs (As % Of Assets) | % | ... | 1.34 | 1.29 | 1.31 | 1.34 | 1.35 | |||
| Costs (As % Of Income) | % | ... | 50.4 | 35.9 | 52.8 | 47.6 | 46.5 | |||
| Capital Adequacy Ratio | % | 16.5 | 16.8 | 17.0 | 15.7 | 17.7 | ||||
| Tier 1 Ratio | % | 11.5 | 11.9 | 12.3 | 11.6 | 14.2 | ||||
| Net Interest Margin | % | ... | 1.63 | 1.58 | 1.63 | 1.78 | 1.66 | |||
| Interest Spread | % | ... | ... | 1.49 | 1.45 | 1.53 | 1.69 | 1.58 | ||
| Asset Yield | % | ... | 3.50 | 3.21 | 2.73 | 2.73 | 2.43 | |||
| Cost Of Liabilities | % | ... | ... | 2.01 | 1.76 | 1.20 | 1.04 | 0.847 | ||
| Interest Income (As % Of Revenues) | % | ... | 61.2 | 44.1 | 65.5 | 63.1 | 57.2 | |||
| Fee Income (As % Of Revenues) | % | ... | 22.9 | 17.2 | 26.2 | 24.0 | 25.3 | |||
| Other Income (As % Of Revenues) | % | ... | 15.8 | 38.7 | 8.31 | 12.9 | 17.4 | |||
| Cost Per Employee | USD per month | ... | 7,986 | 7,787 | 8,274 | 7,774 | 7,033 | |||
| Cost Per Employee (Local Currency) | EUR per month | ... | 5,744 | 6,065 | 6,232 | 6,031 | 6,136 | |||
| Staff Cost (As % Of Total Cost) | % | ... | 57.8 | 61.0 | 60.7 | 61.2 | 61.3 | |||
| Equity (As % Of Assets) | % | ... | 6.99 | 7.60 | 8.09 | 8.63 | 10.6 | |||
| Loans (As % Of Deposits) | % | ... | 117 | 116 | 113 | 118 | 117 | |||
| Loans (As % Assets) | % | ... | 60.4 | 61.5 | 64.4 | 66.4 | 67.7 | |||
| NPLs (As % Of Loans) | % | ... | ... | 4.47 | 4.48 | 5.00 | 5.03 | 4.86 | ||
| Provisions (As % Of NPLs) | % | ... | ... | 71.7 | 73.2 | 67.6 | 76.8 | 78.3 | ||
| Provisions (As % Of Loans) | % | ... | 3.32 | 3.39 | 3.50 | 4.02 | 3.95 | |||
| Cost of Provisions (As % Of Loans) | % | ... | 0.944 | 0.558 | 0.637 | 0.675 | 0.390 |
Get all company financials in excel:
By Helgi Library - June 7, 2018
Oberbank made a net profit of EUR 200 mil in 2017, up 10.5% compared to the previous year. This implies a return on equity of 8.42%. Historically, the bank’s net profit reached an all time high of EUR 200 mil in 2017 and an all time low of EUR 98.3 mil in 2...
By Helgi Library - June 7, 2018
Oberbank stock traded at 82.0 per share at the end 2017 implying a market capitalization of USD 3,467 mil. Since the end of 2012, the stock has appreciated by 70.7 % implying an annual average growth of 11.3 %. In absolute terms, the value of the company rose ...
By Helgi Library - June 7, 2018
Oberbank stock traded at 82.0 per share at the end 2017 implying a market capitalization of USD 3,467 mil. Since the end of 2012, the stock has appreciated by 70.7 % implying an annual average growth of 11.3 %. In absolute terms, the value of the company rose ...
By Helgi Library - June 7, 2018
Oberbank's net interest margin amounted to 1.58% in 2017, down from 1.65% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 1.78% in 2014 and an all time low of 1.58% in 2017. The average margin in t...
By Helgi Library - June 7, 2018
Oberbank's net interest margin amounted to 1.58% in 2017, down from 1.65% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 1.78% in 2014 and an all time low of 1.58% in 2017. The average margin in t...
By Helgi Library - June 7, 2018
Oberbank generated total banking revenues of EUR 538 mil in 2017, up 7.19% compared to the previous year. Historically, the bank’s revenues containing of interest, fee and other non-interest income reached an all time high of EUR 628 mil in 2012 and an all time...
By Helgi Library - June 7, 2018
Oberbank's capital adequacy ratio reached 17.0% at the end of 2017, down from 19.4% compared to the previous year. Historically, the bank’s capital ratio hit an all time high of 19.4% in 2016 and an all time low of 15.7% in 2014. The Tier 1 ratio amounted to ...
By Helgi Library - June 7, 2018
Oberbank generated total banking revenues of EUR 538 mil in 2017, up 7.19% compared to the previous year. Historically, the bank’s revenues containing of interest, fee and other non-interest income reached an all time high of EUR 628 mil in 2012 and an all time...
By Helgi Library - June 7, 2018
Oberbank's capital adequacy ratio reached 17.0% at the end of 2017, down from 19.4% compared to the previous year. Historically, the bank’s capital ratio hit an all time high of 19.4% in 2016 and an all time low of 15.7% in 2014. The Tier 1 ratio amounted to ...
By Helgi Library - June 7, 2018
Oberbank's customer loan growth reached 7.82% in 2017, down from 7.88% compared to the previous year. Historically, the bank’s loans growth reached an all time high of 7.88% in 2016 and an all time low of 2.96% in 2012. In the last decade, the average ann...
Oberbank has been growing its revenues and asset by -3.06% and 3.34% a year on average in the last 5 years. Its loans and deposits have grown by 5.72% and 3.93% a year during that time and loans to deposits ratio reached 126% at the end of 2017. The company achieved an average return on equity of 8.95% in the last five years with net profit growing 12.5% a year on average. In terms of operating efficiency, its cost to income ratio reached 49.5% in 2017, compared to 49.3% average in the last five years.
Equity represented 11.8% of total assets or 17.2% of loans at the end of 2017. Oberbank's non-performing loans were 2.81% of total loans while provisions covered some 94.7% of NPLs at the end of 2017.
Oberbank stock traded at 82.0 per share at the end of 2017 resulting in a market capitalization of USD 3,467 mil. Over the previous five years, stock price rose by 70.7% or 11.3% a year on average. That’s compared to an average ROE of 8.95% the bank generated for its shareholders. This closing price put stock at a 12-month trailing price to earnings (PE) of 14.5x and price to book value (PBV) of 1.17x in 2017.
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