DGAP-News: Raiffeisen Bank International AG
/ Key word(s): 9 Month figures
14.11.2019 / 07:29
The issuer is solely responsible for the content of this announcement.
RBI: Third Quarter Report 2019
Core revenues up 8%, ongoing strong loan growth
- Positive development of core revenues (NII and net fee and commission income up 8% y-o-y, adjusted for revenues from Polish core banking operations sold in 2018)
- Loans to customers up 14% YTD mainly at head office, in Russia and Central Europe
- Consolidated profit of EUR 874 million
- Net trading income impacted by fair value result on hedges and on liabilities which neutralize over lifetime of portfolios
- Net interest margin improved 5 bps q-o-q to 2.46%
- Risk costs remain low (0.13% provisioning ratio)
- NPE ratio further improved to 2.3%
- CET1 ratio increased to 13.7% including YTD results
Income Statement in
EUR million |
1-9/2019 |
1-9/2018 |
Q3/2019 |
Q2/2019 |
| Net interest income |
2,531 |
2,519 |
866 |
840 |
| Net fee and commission income |
1,307 |
1,325 |
468 |
437 |
| Net trading income and fair value result |
(87) |
20 |
(8) |
(27) |
| General administrative expenses |
(2,245) |
(2,228) |
(748) |
(773) |
| Other result |
1 |
(87) |
(7) |
10 |
| Levies and special governmental measures |
(141) |
(157) |
(11) |
(17) |
| Impairment losses on financial assets |
(80) |
56 |
(68) |
(2) |
| Profit before tax |
1,299 |
1,587 |
465 |
494 |
| Profit after tax |
985 |
1,271 |
341 |
384 |
| Consolidated profit |
874 |
1,173 |
303 |
345 |
| Balance Sheet in EUR million |
30/09/2019 |
31/12/2018 |
| Loans to customers |
92,574 |
80,866 |
| Deposits from customers |
90,701 |
87,038 |
| Total assets |
150,805 |
140,115 |
| Risk-weighted assets (total) |
77,816 |
72,672 |
| Key ratios |
30/09/2019 |
31/12/2018 |
|
| NPE ratio |
2.3% |
2.6% |
|
| NPE coverage ratio |
60.2% |
58.3% |
|
| CET1 ratio (incl. YTD result) |
13.7% |
13.4% |
|
| Total capital ratio (fully loaded) |
17.4% |
18.2% |
|
| Key ratios |
1-9/2019 |
1-9/2018 |
Q3/2019 |
Q2/2019 |
| Net interest margin (average interest-bearing assets) |
2.43% |
2.49% |
2.46% |
2.40% |
| Cost/income ratio |
59.6% |
55.7% |
57.6% |
60.6% |
| Provisioning ratio (average loans to customers) |
0.13% |
(0.10%) |
0.32% |
0.01% |
| Consolidated return on equity |
10.4% |
14.4% |
10.9% |
12.3% |
| Earnings per share in EUR |
2.52 |
3.43 |
0.87 |
1.00 |
Outlook
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
14.11.2019 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.
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