By Helgi Library - September 18, 2018
OTP Bank Serbia's customer loans reached RSD 108,271 mil in 2017, up 237% compared to the previous year. Serbian banking sector...
By Helgi Library - September 18, 2018
OTP Bank Serbia's customer loans reached RSD 108,271 mil in 2017, up 237% compared to the previous year. Serbian banking sector...
By Helgi Library - September 18, 2018
OTP Bank Serbia's customer deposits reached RSD 132,239 mil in 2017, up 320% compared to the previous year. Serbian banking sec...
| Profit Statement | 2015 | 2016 | 2017 | |
| Net Interest Income | RSD mil | 2,392 | 2,171 | 2,699 |
| Net Fee Income | RSD mil | 739 | 729 | 912 |
| Other Income | RSD mil | 364 | 533 | 7,020 |
| Total Revenues | RSD mil | 3,495 | 3,433 | 10,631 |
| Staff Cost | RSD mil | 1,071 | 1,076 | 1,259 |
| Operating Profit | RSD mil | 554 | 509 | 6,667 |
| Provisions | RSD mil | 470 | 307 | 845 |
| Net Profit | RSD mil | 87.3 | 214 | 5,865 |
| Balance Sheet | 2015 | 2016 | 2017 | |
| Interbank Loans | RSD mil | 3,263 | 2,015 | 10,673 |
| Customer Loans | RSD mil | 29,025 | 32,096 | 108,271 |
| Total Assets | RSD mil | 45,144 | 47,838 | 188,657 |
| Shareholders' Equity | RSD mil | 12,496 | 12,730 | 33,544 |
| Interbank Borrowing | RSD mil | 2,220 | 1,897 | 18,816 |
| Customer Deposits | RSD mil | 28,451 | 31,468 | 132,239 |
| Issued Debt Securities | RSD mil | 983 | 997 | 957 |
| Ratios | 2015 | 2016 | 2017 | |
| ROE | % | 0.701 | 1.70 | 25.3 |
| ROA | % | 0.203 | 0.461 | 4.96 |
| Costs (As % Of Assets) | % | 6.85 | 6.29 | 3.35 |
| Costs (As % Of Income) | % | 84.2 | 85.2 | 37.3 |
| Net Interest Margin | % | 5.57 | 4.67 | 2.28 |
| Loans (As % Of Deposits) | % | 102 | 102 | 81.9 |
| Growth Rates | 2015 | 2016 | 2017 | |
| Total Revenue Growth | % | 1.37 | -1.78 | 210 |
| Operating Cost Growth | % | 8.67 | -0.575 | 35.5 |
| Operating Profit Growth | % | -25.3 | -8.17 | 1,211 |
| Net Profit Growth | % | -18.9 | 146 | 2,636 |
| Customer Loan Growth | % | 16.3 | 10.6 | 237 |
| Total Asset Growth | % | 10.9 | 5.97 | 294 |
| Customer Deposit Growth | % | 9.73 | 10.6 | 320 |
| Shareholders' Equity Growth | % | 0.707 | 1.87 | 163 |
| Employees | 633 | 611 | 2,103 | |
Get all company financials in excel:
| summary | Unit | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| income statement | ||||||||||||||||
| Net Interest Income | RSD mil | 645 | 1,152 | 1,589 | 2,397 | 2,392 | ||||||||||
| Total Revenues | RSD mil | 1,519 | 1,984 | 2,546 | 3,448 | 3,495 | ||||||||||
| Operating Profit | RSD mil | -775 | -1,091 | -129 | 741 | 554 | ||||||||||
| Net Profit | RSD mil | -1,261 | -1,237 | -4,652 | 108 | 87.3 | ||||||||||
| balance sheet | ||||||||||||||||
| Interbank Loans | RSD mil | 9,918 | 14,787 | 2,589 | 3,023 | 3,263 | ||||||||||
| Customer Loans | RSD mil | 22,987 | 24,560 | 20,740 | 24,951 | 29,025 | ||||||||||
| Debt Securities | RSD mil | 1,941 | 1,818 | 1,872 | 3,988 | 1,825 | ||||||||||
| Total Assets | RSD mil | 38,248 | 46,232 | 31,879 | 40,704 | 45,144 | ||||||||||
| Shareholders' Equity | RSD mil | 9,136 | 10,119 | 9,993 | 12,409 | 12,496 | ||||||||||
| Interbank Borrowing | RSD mil | 681 | 1,346 | 1,282 | 569 | 2,220 | ||||||||||
| Customer Deposits | RSD mil | 11,979 | 18,594 | 16,340 | 25,928 | 28,451 | ||||||||||
| Issued Debt Securities | RSD mil | 0 | 0 | 0 | 978 | 983 | ||||||||||
| ratios | ||||||||||||||||
| ROE | % | -15.9 | -12.9 | -46.3 | 0.960 | 0.701 | ||||||||||
| ROA | % | -3.12 | -2.93 | -11.9 | 0.296 | 0.203 | ||||||||||
| Costs (As % Of Assets) | % | 5.67 | 7.28 | 6.85 | 7.46 | 6.85 | ||||||||||
| Costs (As % Of Income) | % | 151 | 155 | 105 | 78.5 | 84.2 | ||||||||||
| Net Interest Margin | % | 1.59 | 2.73 | 4.07 | 6.61 | 5.57 | ||||||||||
| Interest Income (As % Of Revenues) | % | 42.4 | 58.1 | 62.4 | 69.5 | 68.4 | ||||||||||
| Fee Income (As % Of Revenues) | % | 45.0 | 31.6 | 25.4 | 20.5 | 21.1 | ||||||||||
| Staff Cost (As % Of Total Cost) | % | ... | ... | ... | ... | ... | 38.9 | 32.0 | 39.7 | 39.8 | 36.4 | |||||
| Equity (As % Of Assets) | % | 23.9 | 21.9 | 31.3 | 30.5 | 27.7 | ||||||||||
| Loans (As % Of Deposits) | % | 192 | 132 | 127 | 96.2 | 102 | ||||||||||
| Loans (As % Assets) | % | 60.1 | 53.1 | 65.1 | 61.3 | 64.3 | ||||||||||
| valuation | ||||||||||||||||
| Book Value Per Share Growth | % | ... | -32.7 | 78.7 | 38.0 | 50.9 | -0.220 |
| income statement | Unit | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| income statement | ||||||||||||||||
| Interest Income | RSD mil | 1,973 | 2,260 | 2,453 | 2,819 | 2,751 | ||||||||||
| Interest Cost | RSD mil | 1,328 | 1,108 | 864 | 421 | 359 | ||||||||||
| Net Interest Income | RSD mil | 645 | 1,152 | 1,589 | 2,397 | 2,392 | ||||||||||
| Net Fee Income | RSD mil | 684 | 628 | 646 | 705 | 739 | ||||||||||
| Other Income | RSD mil | 191 | 204 | 312 | 345 | 364 | ||||||||||
| Total Revenues | RSD mil | 1,519 | 1,984 | 2,546 | 3,448 | 3,495 | ||||||||||
| Staff Cost | RSD mil | ... | ... | ... | ... | ... | 891 | 983 | 1,062 | 1,078 | 1,071 | |||||
| Depreciation | RSD mil | ... | ... | ... | ... | ... | 281 | 261 | 251 | 244 | 233 | |||||
| Other Cost | RSD mil | ... | ... | ... | ... | ... | 1,122 | 1,830 | 1,362 | 1,385 | 1,638 | |||||
| Operating Cost | RSD mil | 2,294 | 3,074 | 2,676 | 2,707 | 2,942 | ||||||||||
| Operating Profit | RSD mil | -775 | -1,091 | -129 | 741 | 554 | ||||||||||
| Provisions | RSD mil | 486 | 147 | 4,523 | 636 | 470 | ||||||||||
| Extra and Other Cost | RSD mil | 0 | 0 | 0 | < 0.001 | < -0.001 | ||||||||||
| Pre-Tax Profit | RSD mil | -1,261 | -1,237 | -4,652 | 106 | 83.8 | ||||||||||
| Tax | RSD mil | 0 | 0 | 0 | -1.74 | -3.49 | ||||||||||
| Minorities | RSD mil | 0 | 0 | 0 | 0 | 0 | ||||||||||
| Net Profit | RSD mil | -1,261 | -1,237 | -4,652 | 108 | 87.3 | ||||||||||
| growth rates | ||||||||||||||||
| Net Interest Income Growth | % | ... | -32.7 | 78.7 | 38.0 | 50.9 | -0.220 | |||||||||
| Net Fee Income Growth | % | ... | 8.28 | -8.29 | 2.90 | 9.25 | 4.75 | |||||||||
| Total Revenue Growth | % | ... | -15.2 | 30.6 | 28.4 | 35.4 | 1.37 | |||||||||
| Operating Cost Growth | % | ... | -2.92 | 34.0 | -13.0 | 1.18 | 8.67 | |||||||||
| Operating Profit Growth | % | ... | 35.8 | 40.8 | -88.2 | -674 | -25.3 | |||||||||
| Pre-Tax Profit Growth | % | ... | -49.7 | -1.87 | 276 | -102 | -20.8 | |||||||||
| Net Profit Growth | % | ... | -49.7 | -1.87 | 276 | -102 | -18.9 | |||||||||
| market share | ||||||||||||||||
| Market Share in Revenues | % | 0.922 | 1.17 | 1.57 | 1.97 | 1.90 | ||||||||||
| Market Share in Net Profit | % | ... | ... | ... | ... | ... | ... | ... | 4.72 | 1.17 | ||||||
| Market Share in Employees | % | ... | ... | ... | ... | 2.22 | 2.32 | 2.51 | 2.56 | 2.61 | ||||||
| Market Share in Branches | % | ... | ... | ... | ... | 2.18 | 2.27 | 2.56 | 2.85 | 3.24 |
| balance sheet | Unit | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| balance sheet | ||||||||||||||||
| Cash | RSD mil | 1,531 | 2,525 | 3,408 | 6,176 | 8,581 | ||||||||||
| Interbank Loans | RSD mil | 9,918 | 14,787 | 2,589 | 3,023 | 3,263 | ||||||||||
| Customer Loans | RSD mil | 22,987 | 24,560 | 20,740 | 24,951 | 29,025 | ||||||||||
| Debt Securities | RSD mil | 1,941 | 1,818 | 1,872 | 3,988 | 1,825 | ||||||||||
| Fixed Assets | RSD mil | 2,052 | 1,897 | 1,923 | 1,847 | 1,886 | ||||||||||
| Total Assets | RSD mil | 38,248 | 46,232 | 31,879 | 40,704 | 45,144 | ||||||||||
| Shareholders' Equity | RSD mil | 9,136 | 10,119 | 9,993 | 12,409 | 12,496 | ||||||||||
| Of Which Minority Interest | RSD mil | ... | ... | ... | 0 | 0 | 0 | 0 | 0 | |||||||
| Liabilities | RSD mil | 29,112 | 36,113 | 21,886 | 28,296 | 32,648 | ||||||||||
| Interbank Borrowing | RSD mil | 681 | 1,346 | 1,282 | 569 | 2,220 | ||||||||||
| Customer Deposits | RSD mil | 11,979 | 18,594 | 16,340 | 25,928 | 28,451 | ||||||||||
| Issued Debt Securities | RSD mil | 0 | 0 | 0 | 978 | 983 | ||||||||||
| Other Liabilities | RSD mil | 16,451 | 16,173 | 4,265 | 821 | 994 | ||||||||||
| growth rates | ||||||||||||||||
| Customer Loan Growth | % | ... | -17.9 | 6.84 | -15.6 | 20.3 | 16.3 | |||||||||
| Total Asset Growth | % | ... | -10.3 | 20.9 | -31.0 | 27.7 | 10.9 | |||||||||
| Shareholders' Equity Growth | % | ... | 35.2 | 10.8 | -1.24 | 24.2 | 0.707 | |||||||||
| Customer Deposit Growth | % | ... | -35.0 | 55.2 | -12.1 | 58.7 | 9.73 | |||||||||
| market share | ||||||||||||||||
| Market Share in Customer Loans | % | 1.16 | 1.09 | 0.939 | 1.05 | 1.15 | ||||||||||
| Market Share in Total Assets | % | 1.32 | 1.46 | 1.01 | 1.23 | 1.32 | ||||||||||
| Market Share in Customer Deposits | % | 0.864 | 1.21 | 1.02 | 1.51 | 1.55 |
| ratios | Unit | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| ratios | ||||||||||||||||
| ROE | % | -15.9 | -12.9 | -46.3 | 0.960 | 0.701 | ||||||||||
| ROA | % | -3.12 | -2.93 | -11.9 | 0.296 | 0.203 | ||||||||||
| Costs (As % Of Assets) | % | 5.67 | 7.28 | 6.85 | 7.46 | 6.85 | ||||||||||
| Costs (As % Of Income) | % | 151 | 155 | 105 | 78.5 | 84.2 | ||||||||||
| Net Interest Margin | % | 1.59 | 2.73 | 4.07 | 6.61 | 5.57 | ||||||||||
| Interest Spread | % | ... | 0.791 | 1.95 | 3.30 | 6.09 | 5.23 | |||||||||
| Asset Yield | % | 4.88 | 5.35 | 6.28 | 7.77 | 6.41 | ||||||||||
| Cost Of Liabilities | % | ... | 4.09 | 3.40 | 2.98 | 1.68 | 1.18 | |||||||||
| Interest Income (As % Of Revenues) | % | 42.4 | 58.1 | 62.4 | 69.5 | 68.4 | ||||||||||
| Fee Income (As % Of Revenues) | % | 45.0 | 31.6 | 25.4 | 20.5 | 21.1 | ||||||||||
| Other Income (As % Of Revenues) | % | 12.5 | 10.3 | 12.2 | 10.0 | 10.4 | ||||||||||
| Cost Per Employee | USD per month | ... | ... | ... | ... | ... | 1,560 | 1,413 | 1,569 | 1,529 | 1,336 | |||||
| Cost Per Employee (Local Currency) | RSD per month | ... | ... | ... | ... | ... | 114,463 | 124,273 | 133,626 | 139,995 | 141,162 | |||||
| Staff Cost (As % Of Total Cost) | % | ... | ... | ... | ... | ... | 38.9 | 32.0 | 39.7 | 39.8 | 36.4 | |||||
| Equity (As % Of Assets) | % | 23.9 | 21.9 | 31.3 | 30.5 | 27.7 | ||||||||||
| Loans (As % Of Deposits) | % | 192 | 132 | 127 | 96.2 | 102 | ||||||||||
| Loans (As % Assets) | % | 60.1 | 53.1 | 65.1 | 61.3 | 64.3 | ||||||||||
| Cost of Provisions (As % Of Loans) | % | 1.91 | 0.617 | 20.0 | 2.78 | 1.74 |
Get all company financials in excel:
By Helgi Library - September 18, 2018
OTP Bank Serbia's customer deposits reached RSD 132,239 mil in 2017, up 320% compared to the previous year. Serbian banking sector accepted customer deposits of RSD 2,111 bil in 2017, up 3.62% when compared to the last year. OTP Bank Serbia accounted for ...
By Helgi Library - September 18, 2018
OTP Bank Serbia generated total banking revenues of RSD 10,631 mil in 2017, up 210% compared to the previous year. Serbian banking sector banking sector generated total revenues of RSD 197,856 mil in 2017, up 7.42% when compared to the last year. ...
By Helgi Library - September 18, 2018
OTP Bank Serbia generated total banking revenues of RSD 10,631 mil in 2017, up 210% compared to the previous year. Serbian banking sector banking sector generated total revenues of RSD 197,856 mil in 2017, up 7.42% when compared to the last year. ...
By Helgi Library - September 18, 2018
OTP Bank Serbia employed 2,103 persons in 2017, up 244% when compared to the previous year. Historically, the bank's workforce hit an all time high of 2,103 persons in 2017 and an all time low of 611 in 2016. Average cost reached USD 463 per month per employee, ...
By Helgi Library - September 18, 2018
OTP Bank Serbia employed 2,103 persons in 2017, up 244% when compared to the previous year. Historically, the bank's workforce hit an all time high of 2,103 persons in 2017 and an all time low of 611 in 2016. Average cost reached USD 463 per month per employee, ...
By Helgi Library - September 18, 2018
OTP Bank Serbia employed 2,103 persons in 2017, up 244% compared to the previous year. Historically, the bank's workforce hit an all time high of 2,103 persons in 2017 and an all time low of 611 in 2016. The bank operated a network of 157 branches and 254 ...
By Helgi Library - September 18, 2018
OTP Bank Serbia employed 2,103 persons in 2017, up 244% compared to the previous year. Historically, the bank's workforce hit an all time high of 2,103 persons in 2017 and an all time low of 611 in 2016. The bank operated a network of 157 branches and 254 ...
By Helgi Library - September 18, 2018
OTP Bank Serbia made a net profit of RSD 5,865 mil under revenues of RSD 10,631 mil in 2017, up 2636% and 210% respectively compared to the previous year. Historically, the bank’s net profit reached an all time high of RSD 5,865 mil in 2017 and an all time low of RSD...
By Helgi Library - September 18, 2018
OTP Bank Serbia made a net profit of RSD 5,865 mil under revenues of RSD 10,631 mil in 2017, up 2636% and 210% respectively compared to the previous year. Historically, the bank’s net profit reached an all time high of RSD 5,865 mil in 2017 and an all time low of RSD...
By Helgi Library - September 18, 2018
OTP Bank Serbia's net interest margin amounted to 2.28% in 2017, down from 4.67% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 11.6% in 2005 and an all time low of 1.59% in 2011. The average marg...
OTP Bank Serbia has been growing its revenues and asset by 45.5% and 66.7% a year on average in the last 3 years. Its loans and deposits have grown by 63.1% and 72.1% a year during that time and loans to deposits ratio reached 81.9% at the end of 2017. The company achieved an average return on equity of 9.25% in the last three years with net profit growing 279% a year on average. In terms of operating efficiency, its cost to income ratio reached 37.3% in 2017, compared to 68.9% average in the last three years.
Equity represented 17.8% of total assets or 31.0% of loans at the end of 2017. OTP Bank Serbia's non-performing loans were of total loans while provisions covered some of NPLs at the end of 2017.
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