By Helgi Library - May 22, 2018
FHB Bank's mortgage loans reached HUF 259,601 mil in 2017, up 16.3% compared to the previous year. Hungarian banking sector pro...
By Helgi Library - May 20, 2018
FHB Bank's non-performing loans reached 23.5% of total loans at the end of 2017, down from 26.8% compared to the previous year. ...
By Helgi Library - May 22, 2018
FHB Bank's customer deposits reached HUF 329,253 mil in 2017, up 10.8% compared to the previous year. Hungarian banking sector ...
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By Helgi Library - May 20, 2018
FHB Bank's net interest margin amounted to 2.13% in 2017, up from 1.76% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 4.56% in 2003 and an all time low of 1.76% in 2016. The average margin in the...
By Helgi Library - May 20, 2018
FHB Bank's loans reached HUF 403,821 mil in the 2017, up from HUF 349,749 mil compared to the previous year. Historically, the bank’s loans reached an all time high of HUF 647,150 mil in 2011 and an all time low of HUF 314,855 mil in 2015. In the last d...
By Helgi Library - May 22, 2018
FHB Bank's consumer loans reached HUF 11,489 mil in 2017, down 24.5% compared to the previous year. Hungarian banking sector provided consumer loans of HUF 2,323 bil in 2017, up 7.63% when compared to the last year. FHB Bank accounted for 5.06% of all con...
By Helgi Library - May 20, 2018
FHB Bank made a net profit of HUF -3,949 mil in 2017, up 64.3% compared to the previous year. This implies a return on equity of -7.32%. Historically, the bank’s net profit reached an all time high of HUF 11,100 mil in 2010 and an all time low of HUF -14,88...
By Helgi Library - May 20, 2018
FHB Bank's cost to income ratio reached 86.6% in 2017, up from 79.6% compared to the previous year. Historically, the bank’s costs reached an all time high of 86.6% of income in 2017 and an all time low of 48.6% in 2014. When compared to total assets, bank...
By Helgi Library - May 22, 2018
FHB Bank generated total banking revenues of HUF 20,533 mil in 2017, down 8.18% compared to the previous year. Hungarian banking sector banking sector generated total revenues of HUF 1,358,153 mil in 2017, up 20.3% when compared to the last year. ...
By Helgi Library - May 22, 2018
FHB Bank's customer loans reached HUF 387,229 mil in 2017, up 18.8% compared to the previous year. Hungarian banking sector provided customer loans of HUF 13,845 bil in 2017, up 5.17% when compared to the last year. FHB Bank accounted for 2.80% of all cus...
By Helgi Library - May 20, 2018
FHB Bank employed 811 persons in 2017, down 10.7% when compared to the previous year. Historically, the bank's workforce hit an all time high of 908 persons in 2016 and an all time low of 770 in 2012. Average cost reached USD 2,704 per month per employee, 21....
By Helgi Library - May 20, 2018
FHB Bank generated total banking revenues of HUF 20,533 mil in 2017, down 8.18% 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 HUF 34,122 mil in 2014 and an ...
By Helgi Library - May 20, 2018
FHB Bank's customer loan growth reached 18.8% in 2017, up from -12.2% compared to the previous year. Historically, the bank’s loans growth reached an all time high of 36.0% in 2014 and an all time low of -35.9% in 2013. In the last decade, the average ann...
FHB Land Credit and Mortgage Bank Company (FHB Bank) is Hungary's largest mortgage re-financer. The bank was established in 1997, its principal business activity was to refinance the development and purchase of housing real estates and disbursement of state subsidised housing loans. Nowadays, the bank operates as a universal bank. Thanks to the strategic cooperation with the Allianz Insurance Company, FHB Bank now offers insurance, health fund, pension fund type and other related products and services in close to 50 branches all over the country. In addition, the bank offers life annuity and annuity mortgages for elderly people, or real estate related services. Formerly state-owned, the bank was floated on the stock market in 2003, and the government sold its remaining A shares in 2007
FHB Bank has been growing its revenues and asset by 0.269% and -0.104% a year on average in the last 10 years. Its loans and deposits have grown by -3.62% and 57.1% a year during that time and loans to deposits ratio reached 118% at the end of 2017. The company achieved an average return on equity of -1.45% in the last decade with net profit growing % a year on average. In terms of operating efficiency, its cost to income ratio reached 86.6% in 2017, compared to 65.5% average in the last decade.
Equity represented 8.24% of total assets or 13.0% of loans at the end of 2017. FHB Bank's non-performing loans were 23.5% of total loans while provisions covered some 17.5% of NPLs at the end of 2017.
FHB Bank stock traded at PLN 741 per share at the end of 2017 resulting in a market capitalization of USD 189 mil. Over the previous five years, stock price rose by 90% or 13.7% a year on average. That’s compared to an average ROE of -10.7% the bank generated for its shareholders. This closing price put stock at a 12-month trailing price to earnings (PE) of x and price to book value (PBV) of 0.972x in 2017.
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