DGAP-News: Raiffeisen Bank International AG / Key word(s): Quarterly / Interim Statement
15.05.2019 / 07:28
The issuer is solely responsible for the content of this announcement.
RBI: First Quarter Report 2019
- Consolidated profit of EUR 226 million, primarily impacted by EUR 92 million change in risk costs after net releases in Q1 last year, negative hedge valuations and Polish sale
- Net interest income stable year-on-year at EUR 825 million. Excluding Poland, net interest income improved by approximately 8% year-on-year
- Loans to customers up 6% YTD
- Net interest margin down 10bps quarter-on-quarter to 2.43%, due to tightening in Russia and a higher proportion of short-term lower margin business at head office
- Risk costs still very low at EUR 9 million (4bps provisioning ratio) but fewer write-backs and recoveries than last year
- NPE ratio improved to 2.5%
- CET1 ratio improved to 13.6% (fully loaded) including YTD results
Income Statement in
EUR million |
Q1/2019 |
Q1/2018 |
Q4/2018 |
| Net interest income |
825 |
829 |
843 |
| Net fee and commission income |
402 |
410 |
467 |
| Net trading income and fair value result |
(52) |
(1) |
(3) |
| General administrative expenses |
(724) |
(740) |
(819) |
| Other result |
(2) |
27 |
(74) |
| Levies and special governmental measures |
(114) |
(132) |
(13) |
| Impairment losses on financial assets |
(9) |
83 |
(222) |
| Profit before tax |
340 |
529 |
166 |
| Profit after tax |
259 |
430 |
127 |
| Consolidated profit |
226 |
399 |
97 |
| |
|
|
|
Balance Sheet in
EUR million |
31/03/2019 |
31/12/2018 |
|
| Loans to customers |
85,528 |
80,866 |
|
| Deposits from customers |
88,741 |
87,038 |
|
| Total assets |
146,413 |
140,115 |
|
| Risk-weighted assets (total) |
74,218 |
72,672 |
|
| Key ratios |
31/03/2019 |
31/12/2018 |
|
| NPE ratio |
2.5% |
2.6% |
|
| NPE coverage ratio |
58.4% |
58.3% |
|
| CET1 ratio (fully loaded) |
13.4% |
13.4% |
|
| Total capital ratio (fully loaded) |
18.0% |
18.2% |
|
| Key ratios |
Q1/2019 |
Q1/2018 |
Q4/2018 |
| Net interest margin (average interest-bearing assets) |
2.43% |
2.49% |
2.52% |
| Cost/income ratio |
60.9% |
57.3% |
63.3% |
| Consolidated return on equity |
7.9% |
16.6% |
3.5% |
| Earnings per share in EUR |
0.64 |
1.17 |
0.25 |
| |
|
|
|
The Outlook remains unchanged.
For further information please contact:
John P. Carlson
Group Investor Relations
Raiffeisen Bank International AG
Am Stadtpark 9
1030 Vienna, Austria
ir@rbinternational.com
phone +43-1-71 707-2089
www.rbinternational.com
15.05.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
