By Helgi Library - September 3, 2018
Ziraat Bank Bulgaria made a net profit of BGN 1.51 mil under revenues of BGN 3.27 mil in 2017, up 68.5% and -17.7% respectively compa...
By Helgi Library - September 3, 2018
Ziraat Bank Bulgaria made a net profit of BGN 1.51 mil under revenues of BGN 3.27 mil in 2017, up 68.5% and -17.7% respectively compa...
By Helgi Library - September 3, 2018
Ziraat Bank Bulgaria's customer deposits reached BGN 82.8 mil in 2017, up 37.8% compared to the previous year. Bulgarian bankin...
| Profit Statement | 2015 | 2016 | 2017 | |
| Net Interest Income | BGN mil | 2.98 | 2.69 | 1.96 |
| Net Fee Income | BGN mil | 0.836 | 0.990 | 1.16 |
| Other Income | BGN mil | 0.452 | 0.292 | 0.156 |
| Total Revenues | BGN mil | 4.27 | 3.97 | 3.27 |
| Operating Profit | BGN mil | 1.24 | 1.15 | 0.739 |
| Provisions | BGN mil | 0.632 | 0.294 | -0.736 |
| Net Profit | BGN mil | 0.611 | 0.898 | 1.51 |
| Balance Sheet | 2015 | 2016 | 2017 | |
| Customer Loans | BGN mil | 46.3 | 49.7 | 59.2 |
| Total Assets | BGN mil | 89.4 | 88.8 | 113 |
| Shareholders' Equity | BGN mil | 28.2 | 28.3 | 30.1 |
| Interbank Borrowing | BGN mil | 0 | 0 | 0 |
| Customer Deposits | BGN mil | 60.1 | 60.1 | 82.8 |
| Issued Debt Securities | BGN mil | 0 | 0 | 0 |
| Ratios | 2015 | 2016 | 2017 | |
| ROE | % | 2.17 | 3.18 | 5.18 |
| ROA | % | 0.800 | 1.01 | 1.50 |
| Costs (As % Of Assets) | % | 3.96 | 3.17 | 2.50 |
| Costs (As % Of Income) | % | 70.9 | 71.1 | 77.4 |
| Net Interest Margin | % | 3.90 | 3.02 | 1.93 |
| Loans (As % Of Deposits) | % | 77.1 | 82.6 | 71.6 |
| Growth Rates | 2015 | 2016 | 2017 | |
| Total Revenue Growth | % | 31.9 | -6.87 | -17.7 |
| Operating Cost Growth | % | 3.32 | -6.59 | -10.4 |
| Operating Profit Growth | % | 302 | -7.56 | -35.7 |
| Net Profit Growth | % | 799 | 47.0 | 68.5 |
| Customer Loan Growth | % | 28.8 | 7.20 | 19.3 |
| Total Asset Growth | % | 41.0 | -0.628 | 27.7 |
| Customer Deposit Growth | % | 71.7 | 0.058 | 37.8 |
| Shareholders' Equity Growth | % | 0.470 | 0.465 | 6.16 |
Get all company financials in excel:
| summary | Unit | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| income statement | ||||||||||||
| Net Interest Income | BGN mil | 1.80 | 2.10 | 2.07 | 2.11 | 2.98 | ||||||
| Total Revenues | BGN mil | 2.49 | 3.10 | 2.79 | 3.23 | 4.27 | ||||||
| Operating Profit | BGN mil | -0.093 | 0.339 | -0.101 | 0.309 | 1.24 | ||||||
| Net Profit | BGN mil | -0.126 | -1.14 | -0.715 | 0.068 | 0.611 | ||||||
| balance sheet | ||||||||||||
| Customer Loans | BGN mil | 32.3 | 20.6 | 28.7 | 36.0 | 46.3 | ||||||
| Debt Securities | BGN mil | 12.7 | 18.2 | 17.2 | 17.9 | 17.4 | ||||||
| Total Assets | BGN mil | 49.9 | 46.0 | 53.8 | 63.4 | 89.4 | ||||||
| Shareholders' Equity | BGN mil | 28.3 | 28.6 | 27.1 | 28.1 | 28.2 | ||||||
| Interbank Borrowing | BGN mil | 0 | 0 | 0 | 0 | 0 | ||||||
| Customer Deposits | BGN mil | 21.1 | 17.1 | 26.4 | 35.0 | 60.1 | ||||||
| Issued Debt Securities | BGN mil | 0 | 0 | 0 | 0 | 0 | ||||||
| ratios | ||||||||||||
| ROE | % | -0.465 | -4.01 | -2.57 | 0.246 | 2.17 | ||||||
| ROA | % | -0.275 | -2.38 | -1.43 | 0.116 | 0.800 | ||||||
| Costs (As % Of Assets) | % | 5.63 | 5.75 | 5.79 | 4.99 | 3.96 | ||||||
| Costs (As % Of Income) | % | 104 | 89.1 | 104 | 90.4 | 70.9 | ||||||
| Net Interest Margin | % | 3.92 | 4.38 | 4.14 | 3.61 | 3.90 | ||||||
| Interest Income (As % Of Revenues) | % | 72.2 | 67.8 | 74.1 | 65.3 | 69.8 | ||||||
| Fee Income (As % Of Revenues) | % | 20.9 | 19.6 | 22.6 | 23.9 | 19.6 | ||||||
| Equity (As % Of Assets) | % | 56.8 | 62.2 | 50.5 | 44.3 | 31.5 | ||||||
| Loans (As % Of Deposits) | % | 153 | 121 | 109 | 103 | 77.1 | ||||||
| Loans (As % Assets) | % | 64.7 | 44.8 | 53.4 | 56.7 | 51.8 | ||||||
| valuation | ||||||||||||
| Book Value Per Share Growth | % | ... | 35.8 | 16.9 | -1.57 | 2.23 | 40.9 |
| income statement | Unit | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| income statement | ||||||||||||
| Interest Income | BGN mil | 2.05 | 2.29 | 2.23 | 2.37 | 3.25 | ||||||
| Interest Cost | BGN mil | 0.248 | 0.187 | 0.166 | 0.260 | 0.274 | ||||||
| Net Interest Income | BGN mil | 1.80 | 2.10 | 2.07 | 2.11 | 2.98 | ||||||
| Net Fee Income | BGN mil | 0.520 | 0.608 | 0.631 | 0.772 | 0.836 | ||||||
| Other Income | BGN mil | 0.172 | 0.390 | 0.092 | 0.349 | 0.452 | ||||||
| Total Revenues | BGN mil | 2.49 | 3.10 | 2.79 | 3.23 | 4.27 | ||||||
| Depreciation | BGN mil | 0.251 | 0.270 | 0.250 | 0.241 | 0.261 | ||||||
| Operating Cost | BGN mil | 2.58 | 2.76 | 2.89 | 2.93 | 3.02 | ||||||
| Operating Profit | BGN mil | -0.093 | 0.339 | -0.101 | 0.309 | 1.24 | ||||||
| Provisions | BGN mil | 0.033 | 1.48 | 0.614 | 0.241 | 0.632 | ||||||
| Extra and Other Cost | BGN mil | < 0.001 | 0 | 0 | < 0.001 | 0 | ||||||
| Pre-Tax Profit | BGN mil | -0.126 | -1.14 | -0.715 | 0.068 | 0.611 | ||||||
| Tax | BGN mil | 0 | 0 | 0 | 0 | 0 | ||||||
| Minorities | BGN mil | 0 | 0 | 0 | 0 | 0 | ||||||
| Net Profit | BGN mil | -0.126 | -1.14 | -0.715 | 0.068 | 0.611 | ||||||
| growth rates | ||||||||||||
| Net Interest Income Growth | % | ... | 35.8 | 16.9 | -1.57 | 2.23 | 40.9 | |||||
| Net Fee Income Growth | % | ... | 102 | 16.9 | 3.78 | 22.3 | 8.29 | |||||
| Total Revenue Growth | % | ... | 45.7 | 24.5 | -9.94 | 15.9 | 31.9 | |||||
| Operating Cost Growth | % | ... | 7.72 | 6.86 | 4.78 | 1.18 | 3.32 | |||||
| Operating Profit Growth | % | ... | -86.5 | -465 | -130 | -406 | 302 | |||||
| Pre-Tax Profit Growth | % | ... | -81.7 | 806 | -37.4 | -110 | 799 | |||||
| Net Profit Growth | % | ... | -81.7 | 806 | -37.4 | -110 | 799 | |||||
| market share | ||||||||||||
| Market Share in Revenues | % | 0.063 | 0.081 | 0.075 | 0.083 | 0.103 | ||||||
| Market Share in Net Profit | % | ... | ... | ... | ... | 0.010 | 0.068 |
| balance sheet | Unit | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| balance sheet | ||||||||||||
| Cash | BGN mil | 3.14 | 5.53 | 6.43 | 7.84 | 23.3 | ||||||
| Customer Loans | BGN mil | 32.3 | 20.6 | 28.7 | 36.0 | 46.3 | ||||||
| Debt Securities | BGN mil | 12.7 | 18.2 | 17.2 | 17.9 | 17.4 | ||||||
| Fixed Assets | BGN mil | 1.29 | 1.12 | 0.845 | 0.779 | 0.953 | ||||||
| Total Assets | BGN mil | 49.9 | 46.0 | 53.8 | 63.4 | 89.4 | ||||||
| Shareholders' Equity | BGN mil | 28.3 | 28.6 | 27.1 | 28.1 | 28.2 | ||||||
| Of Which Minority Interest | BGN mil | 0 | 0 | 0 | 0 | 0 | ||||||
| Liabilities | BGN mil | 21.5 | 17.4 | 26.6 | 35.3 | 61.2 | ||||||
| Interbank Borrowing | BGN mil | 0 | 0 | 0 | 0 | 0 | ||||||
| Customer Deposits | BGN mil | 21.1 | 17.1 | 26.4 | 35.0 | 60.1 | ||||||
| Issued Debt Securities | BGN mil | 0 | 0 | 0 | 0 | 0 | ||||||
| Other Liabilities | BGN mil | 0 | 0 | 0 | 0 | 0 | ||||||
| growth rates | ||||||||||||
| Customer Loan Growth | % | ... | 16.8 | -36.1 | 39.3 | 25.2 | 28.8 | |||||
| Total Asset Growth | % | ... | 19.0 | -7.72 | 16.8 | 17.9 | 41.0 | |||||
| Shareholders' Equity Growth | % | ... | 9.54 | 0.960 | -5.23 | 3.48 | 0.470 | |||||
| Customer Deposit Growth | % | ... | 37.4 | -19.2 | 54.7 | 32.3 | 71.7 | |||||
| market share | ||||||||||||
| Market Share in Customer Loans | % | 0.060 | 0.037 | 0.051 | 0.070 | 0.091 | ||||||
| Market Share in Total Assets | % | 0.083 | 0.071 | 0.077 | 0.090 | 0.117 | ||||||
| Market Share in Customer Deposits | % | 0.040 | 0.029 | 0.042 | 0.054 | 0.090 |
| ratios | Unit | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| ratios | ||||||||||||
| ROE | % | -0.465 | -4.01 | -2.57 | 0.246 | 2.17 | ||||||
| ROA | % | -0.275 | -2.38 | -1.43 | 0.116 | 0.800 | ||||||
| Costs (As % Of Assets) | % | 5.63 | 5.75 | 5.79 | 4.99 | 3.96 | ||||||
| Costs (As % Of Income) | % | 104 | 89.1 | 104 | 90.4 | 70.9 | ||||||
| Net Interest Margin | % | 3.92 | 4.38 | 4.14 | 3.61 | 3.90 | ||||||
| Interest Spread | % | ... | 3.14 | 3.81 | 3.72 | 3.21 | 3.69 | |||||
| Asset Yield | % | 4.46 | 4.77 | 4.48 | 4.05 | 4.26 | ||||||
| Cost Of Liabilities | % | ... | 1.32 | 0.960 | 0.754 | 0.839 | 0.568 | |||||
| Interest Income (As % Of Revenues) | % | 72.2 | 67.8 | 74.1 | 65.3 | 69.8 | ||||||
| Fee Income (As % Of Revenues) | % | 20.9 | 19.6 | 22.6 | 23.9 | 19.6 | ||||||
| Other Income (As % Of Revenues) | % | 6.91 | 12.6 | 3.30 | 10.8 | 10.6 | ||||||
| Equity (As % Of Assets) | % | 56.8 | 62.2 | 50.5 | 44.3 | 31.5 | ||||||
| Loans (As % Of Deposits) | % | 153 | 121 | 109 | 103 | 77.1 | ||||||
| Loans (As % Assets) | % | 64.7 | 44.8 | 53.4 | 56.7 | 51.8 | ||||||
| Cost of Provisions (As % Of Loans) | % | 0.110 | 5.60 | 2.49 | 0.745 | 1.54 |
Get all company financials in excel:
By Helgi Library - September 3, 2018
Ziraat Bank Bulgaria's net interest margin amounted to 1.93% in 2017, down from 3.02% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 4.93% in 2008 and an all time low of 1.93% in 2017. The average...
By Helgi Library - September 3, 2018
Ziraat Bank Bulgaria's customer loans reached BGN 59.2 mil in 2017, up 19.3% compared to the previous year. Bulgarian banking sector provided customer loans of BGN 59.7 bil in 2017, up 6.73% when compared to the last year. Ziraat Bank Bulgaria accounted f...
By Helgi Library - September 3, 2018
Ziraat Bank Bulgaria's customer deposits reached BGN 82.8 mil in 2017, up 37.8% compared to the previous year. Bulgarian banking sector accepted customer deposits of BGN 76.5 bil in 2017, up 5.94% when compared to the last year. Ziraat Bank Bulgaria accou...
By Helgi Library - September 3, 2018
Ziraat Bank Bulgaria's net interest margin amounted to 1.93% in 2017, down from 3.02% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 4.93% in 2008 and an all time low of 1.93% in 2017. The average...
By Helgi Library - September 3, 2018
Ziraat Bank Bulgaria's customer loans reached BGN 59.2 mil in 2017, up 19.3% compared to the previous year. Bulgarian banking sector provided customer loans of BGN 59.7 bil in 2017, up 6.73% when compared to the last year. Ziraat Bank Bulgaria accounted f...
By Helgi Library - September 20, 2018
Ziraat Bank Bulgaria generated total banking revenues of BGN 3.27 mil in 2017, down 17.7% compared to the previous year. Bulgarian banking sector banking sector generated total revenues of BGN 3,870 mil in 2017, down 4.62% when compared to the last ye...
By Helgi Library - September 20, 2018
Ziraat Bank Bulgaria generated total banking revenues of BGN 3.27 mil in 2017, down 17.7% compared to the previous year. Bulgarian banking sector banking sector generated total revenues of BGN 3,870 mil in 2017, down 4.62% when compared to the last ye...
By Helgi Library - September 3, 2018
Ziraat Bank Bulgaria generated total banking revenues of BGN 3.27 mil in 2017, down 17.7% 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 BGN 4.27 mil in 2015...
By Helgi Library - September 3, 2018
Ziraat Bank Bulgaria generated total banking revenues of BGN 3.27 mil in 2017, down 17.7% 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 BGN 4.27 mil in 2015...
By Helgi Library - September 3, 2018
Ziraat Bank Bulgaria's customer loan growth reached 19.3% in 2017, up from 7.20% compared to the previous year. Historically, the bank’s loans growth reached an all time high of 54.0% in 2008 and an all time low of -36.1% in 2012. In the last decade, the ...
Ziraat Bank Bulgaria has been growing its revenues and asset by 0.349% and 21.4% a year on average in the last 3 years. Its loans and deposits have grown by 18.1% and 33.3% a year during that time and loans to deposits ratio reached 71.6% at the end of 2017. The company achieved an average return on equity of 3.51% in the last three years with net profit growing 181% a year on average. In terms of operating efficiency, its cost to income ratio reached 77.4% in 2017, compared to 73.1% average in the last three years.
Equity represented 26.5% of total assets or 50.8% of loans at the end of 2017. Ziraat Bank Bulgaria's non-performing loans were of total loans while provisions covered some of NPLs at the end of 2017.
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