By Helgi Library - September 18, 2018
Sberbank Serbia's customer deposits reached RSD 70,430 mil in 2017, up 6.96% compared to the previous year. Serbian banking sec...
By Helgi Library - September 18, 2018
Sberbank Serbia's customer deposits reached RSD 70,430 mil in 2017, up 6.96% compared to the previous year. Serbian banking sec...
By Helgi Library - September 18, 2018
Sberbank Serbia's customer loans reached RSD 73,953 mil in 2017, up 5.85% compared to the previous year. Serbian banking sector...
| Profit Statement | 2015 | 2016 | 2017 | |
| Net Interest Income | RSD mil | 4,992 | 4,545 | 4,320 |
| Net Fee Income | RSD mil | 977 | 865 | 1,220 |
| Other Income | RSD mil | 435 | 471 | 665 |
| Total Revenues | RSD mil | 6,404 | 5,881 | 6,205 |
| Staff Cost | RSD mil | 1,278 | 1,372 | 1,318 |
| Operating Profit | RSD mil | 2,090 | 2,401 | 2,707 |
| Provisions | RSD mil | 2,673 | 1,967 | 1,908 |
| Net Profit | RSD mil | -498 | 436 | 803 |
| Balance Sheet | 2015 | 2016 | 2017 | |
| Interbank Loans | RSD mil | 7,340 | 4,076 | 4,711 |
| Customer Loans | RSD mil | 67,767 | 69,864 | 73,953 |
| Total Assets | RSD mil | 106,836 | 108,158 | 116,033 |
| Shareholders' Equity | RSD mil | 23,200 | 23,347 | 24,124 |
| Interbank Borrowing | RSD mil | 21,843 | 16,037 | 18,550 |
| Customer Deposits | RSD mil | 53,655 | 65,849 | 70,430 |
| Issued Debt Securities | RSD mil | 6,710 | 1,852 | 1,778 |
| Ratios | 2015 | 2016 | 2017 | |
| ROE | % | -2.14 | 1.87 | 3.38 |
| ROA | % | -0.462 | 0.406 | 0.716 |
| Costs (As % Of Assets) | % | 4.01 | 3.24 | 3.12 |
| Costs (As % Of Income) | % | 67.4 | 59.2 | 56.4 |
| Capital Adequacy Ratio | % | ... | ... | ... |
| Net Interest Margin | % | 4.64 | 4.23 | 3.85 |
| Loans (As % Of Deposits) | % | 126 | 106 | 105 |
| Growth Rates | 2015 | 2016 | 2017 | |
| Total Revenue Growth | % | -0.706 | -8.16 | 5.50 |
| Operating Cost Growth | % | 37.9 | -19.3 | 0.488 |
| Operating Profit Growth | % | -37.1 | 14.8 | 12.8 |
| Net Profit Growth | % | -132 | -188 | 84.1 |
| Customer Loan Growth | % | -1.01 | 3.09 | 5.85 |
| Total Asset Growth | % | -1.47 | 1.24 | 7.28 |
| Customer Deposit Growth | % | 49.7 | 22.7 | 6.96 |
| Shareholders' Equity Growth | % | -0.190 | 0.635 | 3.33 |
| Employees | ... | ... | 687 | |
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 | 3,898 | 3,895 | 4,497 | 4,745 | 4,992 | ||||||||
| Total Revenues | RSD mil | 4,890 | 4,979 | 5,854 | 6,450 | 6,404 | ||||||||
| Operating Profit | RSD mil | 2,880 | 2,627 | 3,071 | 3,322 | 2,090 | ||||||||
| Net Profit | RSD mil | 1,497 | 1,226 | 1,063 | 1,550 | -498 | ||||||||
| balance sheet | ||||||||||||||
| Interbank Loans | RSD mil | 15,527 | 12,420 | 7,797 | 19,670 | 7,340 | ||||||||
| Customer Loans | RSD mil | 47,861 | 69,347 | 69,987 | 68,462 | 67,767 | ||||||||
| Debt Securities | RSD mil | 13,177 | 11,629 | 10,050 | 11,696 | 12,281 | ||||||||
| Total Assets | RSD mil | 80,017 | 101,884 | 99,422 | 108,431 | 106,836 | ||||||||
| Shareholders' Equity | RSD mil | 18,133 | 20,530 | 21,573 | 23,244 | 23,200 | ||||||||
| Interbank Borrowing | RSD mil | 40,441 | 44,612 | 33,202 | 41,745 | 21,843 | ||||||||
| Customer Deposits | RSD mil | 16,436 | 29,302 | 36,872 | 35,852 | 53,655 | ||||||||
| Issued Debt Securities | RSD mil | 0 | 0 | 19.5 | 6,655 | 6,710 | ||||||||
| ratios | ||||||||||||||
| ROE | % | 8.61 | 6.34 | 5.05 | 6.92 | -2.14 | ||||||||
| ROA | % | 1.84 | 1.35 | 1.06 | 1.49 | -0.462 | ||||||||
| Costs (As % Of Assets) | % | 2.46 | 2.59 | 2.76 | 3.01 | 4.01 | ||||||||
| Costs (As % Of Income) | % | 41.1 | 47.2 | 47.5 | 48.5 | 67.4 | ||||||||
| Capital Adequacy Ratio | % | ... | ... | ... | ... | ... | ... | ... | 16.6 | ... | ... | ... | ... | ... |
| Net Interest Margin | % | 4.78 | 4.28 | 4.47 | 4.57 | 4.64 | ||||||||
| Interest Income (As % Of Revenues) | % | 79.7 | 78.2 | 76.8 | 73.6 | 78.0 | ||||||||
| Fee Income (As % Of Revenues) | % | 13.5 | 13.5 | 15.3 | 17.8 | 15.2 | ||||||||
| Staff Cost (As % Of Total Cost) | % | ... | ... | 37.3 | 39.2 | 39.0 | 42.3 | 29.6 | ||||||
| Equity (As % Of Assets) | % | 22.7 | 20.2 | 21.7 | 21.4 | 21.7 | ||||||||
| Loans (As % Of Deposits) | % | 291 | 237 | 190 | 191 | 126 | ||||||||
| Loans (As % Assets) | % | 59.8 | 68.1 | 70.4 | 63.1 | 63.4 | ||||||||
| valuation | ||||||||||||||
| Book Value Per Share Growth | % | ... | 15.3 | -0.060 | 15.5 | 5.52 | 5.20 |
| income statement | Unit | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| income statement | ||||||||||||||
| Interest Income | RSD mil | 5,302 | 5,605 | 6,113 | 6,197 | 6,485 | ||||||||
| Interest Cost | RSD mil | 1,404 | 1,710 | 1,616 | 1,451 | 1,493 | ||||||||
| Net Interest Income | RSD mil | 3,898 | 3,895 | 4,497 | 4,745 | 4,992 | ||||||||
| Net Fee Income | RSD mil | 660 | 674 | 896 | 1,148 | 977 | ||||||||
| Other Income | RSD mil | 332 | 410 | 461 | 556 | 435 | ||||||||
| Total Revenues | RSD mil | 4,890 | 4,979 | 5,854 | 6,450 | 6,404 | ||||||||
| Staff Cost | RSD mil | ... | ... | 750 | 921 | 1,085 | 1,323 | 1,278 | ||||||
| Depreciation | RSD mil | ... | ... | 158 | 141 | 133 | 143 | 149 | ||||||
| Other Cost | RSD mil | 1,101 | 1,289 | 1,565 | 1,662 | 2,887 | ||||||||
| Operating Cost | RSD mil | 2,009 | 2,352 | 2,783 | 3,128 | 4,314 | ||||||||
| Operating Profit | RSD mil | 2,880 | 2,627 | 3,071 | 3,322 | 2,090 | ||||||||
| Provisions | RSD mil | 1,210 | 1,277 | 2,008 | 1,710 | 2,673 | ||||||||
| Extra and Other Cost | RSD mil | 0 | 0 | 0 | 0 | 0 | ||||||||
| Pre-Tax Profit | RSD mil | 1,670 | 1,350 | 1,063 | 1,612 | -582 | ||||||||
| Tax | RSD mil | 174 | 124 | 0 | 61.7 | -84.4 | ||||||||
| Minorities | RSD mil | 0 | 1,000 | 0 | 0 | 0 | ||||||||
| Net Profit | RSD mil | 1,497 | 1,226 | 1,063 | 1,550 | -498 | ||||||||
| growth rates | ||||||||||||||
| Net Interest Income Growth | % | ... | 15.3 | -0.060 | 15.5 | 5.52 | 5.20 | |||||||
| Net Fee Income Growth | % | ... | -0.692 | 2.05 | 32.9 | 28.2 | -15.0 | |||||||
| Total Revenue Growth | % | ... | 15.7 | 1.82 | 17.6 | 10.2 | -0.706 | |||||||
| Operating Cost Growth | % | ... | -0.772 | 17.0 | 18.3 | 12.4 | 37.9 | |||||||
| Operating Profit Growth | % | ... | 30.8 | -8.80 | 16.9 | 8.15 | -37.1 | |||||||
| Pre-Tax Profit Growth | % | ... | 52.3 | -19.2 | -21.2 | 51.6 | -136 | |||||||
| Net Profit Growth | % | ... | 54.2 | -18.1 | -13.3 | 45.8 | -132 | |||||||
| market share | ||||||||||||||
| Market Share in Revenues | % | 2.97 | 2.94 | 3.60 | 3.69 | 3.49 | ||||||||
| Market Share in Net Profit | % | ... | 120 | 10.5 | ... | 68.1 | ... | |||||||
| Market Share in Employees | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| balance sheet | Unit | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| balance sheet | ||||||||||||||
| Cash | RSD mil | 2,884 | 7,822 | 9,202 | 6,897 | 17,490 | ||||||||
| Interbank Loans | RSD mil | 15,527 | 12,420 | 7,797 | 19,670 | 7,340 | ||||||||
| Customer Loans | RSD mil | 47,861 | 69,347 | 69,987 | 68,462 | 67,767 | ||||||||
| Retail Loans | RSD mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||
| Corporate Loans | RSD mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||
| Debt Securities | RSD mil | 13,177 | 11,629 | 10,050 | 11,696 | 12,281 | ||||||||
| Fixed Assets | RSD mil | 369 | 319 | 495 | 825 | 831 | ||||||||
| Total Assets | RSD mil | 80,017 | 101,884 | 99,422 | 108,431 | 106,836 | ||||||||
| Shareholders' Equity | RSD mil | 18,133 | 20,530 | 21,573 | 23,244 | 23,200 | ||||||||
| Of Which Minority Interest | RSD mil | 0 | 0 | 0 | 0 | 0 | ||||||||
| Liabilities | RSD mil | 61,884 | 81,355 | 77,850 | 85,188 | 83,636 | ||||||||
| Interbank Borrowing | RSD mil | 40,441 | 44,612 | 33,202 | 41,745 | 21,843 | ||||||||
| Customer Deposits | RSD mil | 16,436 | 29,302 | 36,872 | 35,852 | 53,655 | ||||||||
| Retail Deposits | RSD mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||
| Corporate Deposits | RSD mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||
| Issued Debt Securities | RSD mil | 0 | 0 | 19.5 | 6,655 | 6,710 | ||||||||
| Other Liabilities | RSD mil | 5,006 | 7,440 | 7,756 | 936 | 1,428 | ||||||||
| asset quality | ||||||||||||||
| Gross Loans | RSD mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||
| Total Provisions | RSD mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||
| growth rates | ||||||||||||||
| Customer Loan Growth | % | ... | -21.0 | 44.9 | 0.924 | -2.18 | -1.01 | |||||||
| Retail Loan Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | |
| Corporate Loan Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | |
| Total Asset Growth | % | ... | -3.64 | 27.3 | -2.42 | 9.06 | -1.47 | |||||||
| Shareholders' Equity Growth | % | ... | 8.96 | 13.2 | 5.08 | 7.75 | -0.190 | |||||||
| Customer Deposit Growth | % | ... | -24.0 | 78.3 | 25.8 | -2.77 | 49.7 | |||||||
| Retail Deposit Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | |
| Corporate Deposit Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | |
| market share | ||||||||||||||
| Market Share in Customer Loans | % | 2.41 | 3.08 | 3.17 | 2.87 | 2.69 | ||||||||
| Market Share in Corporate Loans | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||
| Market Share in Consumer Loans | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||
| Market Share in Total Assets | % | 2.76 | 3.23 | 3.16 | 3.28 | 3.12 | ||||||||
| Market Share in Customer Deposits | % | 1.19 | 1.91 | 2.31 | 2.09 | 2.93 | ||||||||
| Market Share in Retail Deposits | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||
| Market Share in Corporate Deposits | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| ratios | Unit | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| ratios | ||||||||||||||
| ROE | % | 8.61 | 6.34 | 5.05 | 6.92 | -2.14 | ||||||||
| ROA | % | 1.84 | 1.35 | 1.06 | 1.49 | -0.462 | ||||||||
| Costs (As % Of Assets) | % | 2.46 | 2.59 | 2.76 | 3.01 | 4.01 | ||||||||
| Costs (As % Of Income) | % | 41.1 | 47.2 | 47.5 | 48.5 | 67.4 | ||||||||
| Capital Adequacy Ratio | % | ... | ... | ... | ... | ... | ... | ... | 16.6 | ... | ... | ... | ... | ... |
| Net Interest Margin | % | 4.78 | 4.28 | 4.47 | 4.57 | 4.64 | ||||||||
| Interest Spread | % | ... | 4.31 | 3.78 | 4.04 | 4.18 | 4.26 | |||||||
| Asset Yield | % | 6.50 | 6.16 | 6.07 | 5.96 | 6.02 | ||||||||
| Cost Of Liabilities | % | ... | 2.19 | 2.39 | 2.03 | 1.78 | 1.77 | |||||||
| Interest Income (As % Of Revenues) | % | 79.7 | 78.2 | 76.8 | 73.6 | 78.0 | ||||||||
| Fee Income (As % Of Revenues) | % | 13.5 | 13.5 | 15.3 | 17.8 | 15.2 | ||||||||
| Other Income (As % Of Revenues) | % | 6.78 | 8.23 | 7.88 | 8.62 | 6.80 | ||||||||
| Cost Per Employee | USD per month | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | |
| Cost Per Employee (Local Currency) | RSD per month | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | |
| Staff Cost (As % Of Total Cost) | % | ... | ... | 37.3 | 39.2 | 39.0 | 42.3 | 29.6 | ||||||
| Equity (As % Of Assets) | % | 22.7 | 20.2 | 21.7 | 21.4 | 21.7 | ||||||||
| Loans (As % Of Deposits) | % | 291 | 237 | 190 | 191 | 126 | ||||||||
| Loans (As % Assets) | % | 59.8 | 68.1 | 70.4 | 63.1 | 63.4 | ||||||||
| Provisions (As % Of Loans) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||
| Cost of Provisions (As % Of Loans) | % | 2.23 | 2.18 | 2.88 | 2.47 | 3.92 |
| other data | Unit | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| other data | ||||||||||||||
| Employees | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Get all company financials in excel:
By Helgi Library - September 18, 2018
Sberbank Serbia generated total banking revenues of RSD 6,205 mil in 2017, up 5.50% 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
Sberbank Serbia's customer loans reached RSD 73,953 mil in 2017, up 5.85% compared to the previous year. Serbian banking sector provided customer loans of RSD 2,702 bil in 2017, up 1.16% when compared to the last year. Sberbank Serbia accounted for 2.74% ...
By Helgi Library - September 18, 2018
Sberbank Serbia generated total banking revenues of RSD 6,205 mil in 2017, up 5.50% 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
Sberbank Serbia made a net profit of RSD 803 mil under revenues of RSD 6,205 mil in 2017, up 84.1% and 5.50% respectively compared to the previous year. Historically, the bank’s net profit reached an all time high of RSD 1,550 mil in 2014 and an all time low of RSD -...
By Helgi Library - September 18, 2018
Sberbank Serbia made a net profit of RSD 803 mil under revenues of RSD 6,205 mil in 2017, up 84.1% and 5.50% respectively compared to the previous year. Historically, the bank’s net profit reached an all time high of RSD 1,550 mil in 2014 and an all time low of RSD -...
By Helgi Library - September 18, 2018
Sberbank Serbia's net interest margin amounted to 3.85% in 2017, down from 4.23% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 4.80% in 2009 and an all time low of 3.03% in 2007. The average marg...
By Helgi Library - September 18, 2018
Sberbank Serbia's net interest margin amounted to 3.85% in 2017, down from 4.23% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 4.80% in 2009 and an all time low of 3.03% in 2007. The average marg...
By Helgi Library - September 18, 2018
Sberbank Serbia generated total banking revenues of RSD 6,205 mil in 2017, up 5.5% 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 RSD 6,450 mil in 2014 and a...
By Helgi Library - September 18, 2018
Sberbank Serbia generated total banking revenues of RSD 6,205 mil in 2017, up 5.5% 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 RSD 6,450 mil in 2014 and a...
By Helgi Library - September 18, 2018
Sberbank Serbia's customer loan growth reached 5.85% in 2017, up from 3.09% compared to the previous year. Historically, the bank’s loans growth reached an all time high of 151% in 2006 and an all time low of -21.0% in 2011. In the last decade, the averag...
Sberbank Serbia a.d. is a Serbia-based subsidiary of Russia's Sberbank. The Bank offers its financial products and services to private customers, small and medium size enterprises, and large corporates. The Bank's deposit products include fixed deposits, fixed foreign exchange deposits, current accounts, and savings accounts. The Bank’s loan portfolio primarily comprises personal, mortgage, housing, or investment loans. The Bank was formerly known as Volksbank and changed its name to Sberbank Serbia in December 2012. Sberbank Serbia a.d. is a subsidiary of Sberbank Europe AG. Sberbank Europe manages a banking network of nine universal banks in eight countries of Central and Eastern Europe: in Slovakia, the Czech Republic, Hungary, Croatia, Slovenia, Bosnia and Herzehovina, and Ukraine
Sberbank Serbia has been growing its revenues and asset by -1.28% and 2.28% a year on average in the last 3 years. Its loans and deposits have grown by 2.61% and 25.2% a year during that time and loans to deposits ratio reached 105% at the end of 2017. The company achieved an average return on equity of 1.04% in the last three years with net profit growing -19.7% a year on average. In terms of operating efficiency, its cost to income ratio reached 56.4% in 2017, compared to 61.0% average in the last three years.
Equity represented 20.8% of total assets or 32.6% of loans at the end of 2017. Sberbank Serbia's non-performing loans were of total loans while provisions covered some of NPLs at the end of 2017.
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