Raiffeisen Bank International: First Quarter Report 2017
- Consolidated profit of EUR 220 mn
- CET1 ratio (fully loaded) at 12.6% (including Q1 results) while RWA grew 3% YTD
- NPL ratio further reduced to 8.3%
- Ongoing favorable development in risk costs, notably in Eastern Europe
- Further stabilization of net interest margin
- Positive trend in operating result supported by FX movements
- Profit contribution from Eastern and Central Europe increased further
- Merger transaction/integration completed
Income Statement
in EUR mn |
Q1/2017 |
Q1/2016
pro forma |
Q4/2016
pro forma |
| Net interest income |
796 |
761 |
858 |
| Net provisioning for impairment losses |
(80) |
(105) |
(257) |
| Net interest income after provisioning |
716 |
656 |
601 |
| Net fee and commission income |
409 |
372 |
419 |
| Net trading income |
64 |
37 |
79 |
| General administrative expenses |
(815) |
(781) |
(847) |
| Other results |
(73) |
(76) |
(105) |
| Profit/loss before tax |
330 |
231 |
165 |
| Profit/loss after tax |
255 |
137 |
113 |
| Consolidated profit/loss |
220 |
111 |
87 |
| |
|
|
|
Balance Sheet
in EUR mn |
31/03/17 |
31/12/16
pro forma |
|
| Equity |
10,067 |
9,752 |
|
| Total assets |
138,489 |
134,804 |
|
| NPL ratio |
8.3% |
8.7% |
|
| NPL coverage ratio |
74.0% |
75.2% |
|
| Risk-weighted assets (total RWA) |
69,864 |
67,911 |
|
| |
|
|
|
| Ratios |
31/03/17 |
31/12/16
pro forma |
|
| Common equity tier 1 ratio (fully loaded) |
12.2% |
12.4% |
|
| Common equity tier 1 ratio (transitional) |
12.4% |
12.7% |
|
| Total capital ratio (fully loaded) |
16.8% |
17.1% |
|
| Total capital ratio (transitional) |
17.0% |
17.4% |
|
| Ratios |
Q1/2017 |
Q1/2016
pro forma |
Q4/2016
pro forma |
| Net interest margin |
2.49% |
2.35% |
2.67% |
| Return on equity before tax |
13.4% |
10.3% |
7.1% |
| Consolidated return on equity |
9.6% |
5.3% |
4.0% |
| Cost/income ratio |
62.8% |
65.4% |
61.7% |
| Earnings per share in EUR |
0.67 |
0.34 |
0.26 |
| |
|
|
|
| Resources |
31/03/17 |
31/12/16
pro forma |
|
| Employees (full-time equivalents) |
50,094 |
50,203 |
|
| Business outlets |
2,500 |
2,522 |
|
As of January 2017, RZB contributed business is fully included. Current RBI figures refer to the Combined Bank; unless specified otherwise, the historical pro forma data is based on the Combined Bank (consideration of the merger).
The outlook remains unchanged.
For further information please contact:
Susanne E. Langer
Head of Group Investor Relations
Spokesperson
Raiffeisen Bank International AG
Am Stadtpark 9
1030 Vienna, Austria
ir@rbinternational.com
phone +43-1-71 707-2089
www.rbinternational.com
17-May-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
