What Banks in Russia Generated the Most Revenues in 2016?

Based on a comparison of 19 banks in Russia in 2016, Sberbank generated the largest revenues, followed by VTB Bank and Gazprombank.

Sberbank reported total revenues of RUB 1,831,300 mil, up 19.8% 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 RUB 1,831,300 mil in 2016 and an all time low of RUB 75,986 mil in 1995. The average revenue in the last five years amounted to RUB 1,383,560 mil.

Bank's total revenues accounted for 7.22% of total assets in 2016, up from 5.59% a year earlier.

Comparing Sberbank with its closest peers, VTB Bank generated total revenues of RUB 581,800 mil, or 4.62% of assets in 2016, Gazprombank operated with RUB 156,287 mil total income, or 3.20% revenue margin and Alfa Bank produced total income worth RUB 134,608 mil, or 5.80% of assets.

Russian banking sector generated total revenues of RUB 13,123,548 mil in 2016, up 96.2% when compared to the previous year. As a result, the top ranked company - Sberbank accounted for 14.0% of the sector’s total income in 2016. The top 3 companies held a 19.6% share while the five largest firms some 21.5% in 2016.

You can see all the banks revenues data on the Total Revenues indicator page or you can download a report on the Russian banks in the report section.