By Helgi Analytics - September 3, 2018
Allianz Bank Bulgaria's customer deposits reached BGN 2,329 mil in 2017, up 4.14% compared to the previous year. Bulgarian bank...
By Helgi Analytics - September 3, 2018
Allianz Bank Bulgaria made a net profit of BGN 27.6 mil under revenues of BGN 83.4 mil in 2017, up -8.87% and -7.66% respectively com...
By Helgi Analytics - September 3, 2018
Allianz Bank Bulgaria's net interest margin amounted to 2.80% in 2017, down from 3.02% compared to the previous year. Hist...
| Profit Statement | 2015 | 2016 | 2017 | |
| Net Interest Income | BGN mil | 72.2 | 72.3 | 70.3 |
| Net Fee Income | BGN mil | 20.0 | 19.0 | 20.5 |
| Other Income | BGN mil | 4.54 | -0.919 | -7.38 |
| Total Revenues | BGN mil | 96.8 | 90.3 | 83.4 |
| Operating Profit | BGN mil | 45.6 | 47.1 | 43.7 |
| Provisions | BGN mil | 34.3 | 13.4 | 13.2 |
| Net Profit | BGN mil | 10.2 | 30.3 | 27.6 |
| Balance Sheet | 2015 | 2016 | 2017 | |
| Customer Loans | BGN mil | 1,341 | 1,213 | 1,194 |
| Total Assets | BGN mil | 2,324 | 2,464 | 2,560 |
| Shareholders' Equity | BGN mil | 196 | 217 | 216 |
| Interbank Borrowing | BGN mil | 0 | 0 | 0 |
| Customer Deposits | BGN mil | 2,120 | 2,237 | 2,329 |
| Issued Debt Securities | BGN mil | 0 | 0 | 0 |
| Ratios | 2015 | 2016 | 2017 | |
| ROE | % | 5.14 | 14.7 | 12.7 |
| ROA | % | 0.460 | 1.26 | 1.10 |
| Costs (As % Of Assets) | % | 2.32 | 1.80 | 1.58 |
| Costs (As % Of Income) | % | 52.9 | 47.8 | 47.6 |
| Net Interest Margin | % | 3.27 | 3.02 | 2.80 |
| Loans (As % Of Deposits) | % | 63.2 | 54.2 | 51.3 |
| Growth Rates | 2015 | 2016 | 2017 | |
| Total Revenue Growth | % | 13.4 | -6.66 | -7.66 |
| Operating Cost Growth | % | 9.03 | -15.7 | -7.98 |
| Operating Profit Growth | % | 18.8 | 3.45 | -7.36 |
| Net Profit Growth | % | -54.0 | 198 | -8.87 |
| Customer Loan Growth | % | 6.17 | -9.55 | -1.51 |
| Total Asset Growth | % | 10.8 | 6.01 | 3.89 |
| Customer Deposit Growth | % | 12.4 | 5.48 | 4.14 |
| Shareholders' Equity Growth | % | -2.10 | 11.0 | -0.627 |
Get all company financials in excel:
| summary | Unit | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| income statement | ||||||||||||
| Net Interest Income | BGN mil | 52.7 | 50.3 | 56.3 | 62.3 | 72.2 | ||||||
| Total Revenues | BGN mil | 73.6 | 73.1 | 78.1 | 85.3 | 96.8 | ||||||
| Operating Profit | BGN mil | 29.5 | 27.9 | 32.1 | 38.3 | 45.6 | ||||||
| Net Profit | BGN mil | 12.2 | 12.9 | 17.3 | 22.1 | 10.2 | ||||||
| balance sheet | ||||||||||||
| Customer Loans | BGN mil | 1,316 | 1,320 | 1,347 | 1,263 | 1,341 | ||||||
| Debt Securities | BGN mil | 195 | 249 | 283 | 406 | 497 | ||||||
| Total Assets | BGN mil | 1,746 | 1,868 | 1,977 | 2,097 | 2,324 | ||||||
| Shareholders' Equity | BGN mil | 161 | 177 | 193 | 200 | 196 | ||||||
| Interbank Borrowing | BGN mil | 0 | 0 | 0 | 0 | 0 | ||||||
| Customer Deposits | BGN mil | 1,552 | 1,638 | 1,737 | 1,887 | 2,120 | ||||||
| Issued Debt Securities | BGN mil | 0 | 0 | 0 | 0 | 0 | ||||||
| ratios | ||||||||||||
| ROE | % | 7.85 | 7.63 | 9.35 | 11.2 | 5.14 | ||||||
| ROA | % | 0.717 | 0.714 | 0.900 | 1.09 | 0.460 | ||||||
| Costs (As % Of Assets) | % | 2.61 | 2.50 | 2.39 | 2.30 | 2.32 | ||||||
| Costs (As % Of Income) | % | 60.0 | 61.9 | 58.9 | 55.0 | 52.9 | ||||||
| Net Interest Margin | % | 3.11 | 2.78 | 2.93 | 3.06 | 3.27 | ||||||
| Interest Income (As % Of Revenues) | % | 71.6 | 68.8 | 72.0 | 73.0 | 74.6 | ||||||
| Fee Income (As % Of Revenues) | % | 22.6 | 22.9 | 22.8 | 22.0 | 20.7 | ||||||
| Equity (As % Of Assets) | % | 9.24 | 9.46 | 9.78 | 9.52 | 8.41 | ||||||
| Loans (As % Of Deposits) | % | 84.8 | 80.6 | 77.5 | 66.9 | 63.2 | ||||||
| Loans (As % Assets) | % | 75.4 | 70.6 | 68.1 | 60.2 | 57.7 |
| income statement | Unit | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| income statement | ||||||||||||
| Interest Income | BGN mil | 105 | 103 | 96.7 | 97.4 | 91.4 | ||||||
| Interest Cost | BGN mil | 52.2 | 52.5 | 40.4 | 35.1 | 19.2 | ||||||
| Net Interest Income | BGN mil | 52.7 | 50.3 | 56.3 | 62.3 | 72.2 | ||||||
| Net Fee Income | BGN mil | 16.6 | 16.8 | 17.8 | 18.7 | 20.0 | ||||||
| Other Income | BGN mil | 4.29 | 6.08 | 4.08 | 4.25 | 4.54 | ||||||
| Total Revenues | BGN mil | 73.6 | 73.1 | 78.1 | 85.3 | 96.8 | ||||||
| Depreciation | BGN mil | 3.80 | 3.58 | 3.12 | 3.09 | 3.07 | ||||||
| Operating Cost | BGN mil | 44.2 | 45.3 | 46.0 | 47.0 | 51.2 | ||||||
| Operating Profit | BGN mil | 29.5 | 27.9 | 32.1 | 38.3 | 45.6 | ||||||
| Provisions | BGN mil | 16.0 | 13.3 | 13.1 | 13.9 | 34.3 | ||||||
| Extra and Other Cost | BGN mil | -0.099 | -0.090 | -0.110 | -0.106 | -0.073 | ||||||
| Pre-Tax Profit | BGN mil | 13.6 | 14.6 | 19.2 | 24.6 | 11.4 | ||||||
| Tax | BGN mil | 1.41 | 1.75 | 1.86 | 2.47 | 1.22 | ||||||
| Minorities | BGN mil | 0 | 0 | 0 | 0 | 0 | ||||||
| Net Profit | BGN mil | 12.2 | 12.9 | 17.3 | 22.1 | 10.2 | ||||||
| growth rates | ||||||||||||
| Net Interest Income Growth | % | ... | 14.8 | -4.64 | 11.9 | 10.8 | 15.9 | |||||
| Net Fee Income Growth | % | ... | 17.4 | 0.885 | 6.06 | 5.41 | 6.81 | |||||
| Total Revenue Growth | % | ... | 16.2 | -0.690 | 6.82 | 9.21 | 13.4 | |||||
| Operating Cost Growth | % | ... | 6.15 | 2.41 | 1.60 | 2.14 | 9.03 | |||||
| Operating Profit Growth | % | ... | 35.6 | -5.34 | 15.3 | 19.3 | 18.8 | |||||
| Pre-Tax Profit Growth | % | ... | 224 | 8.03 | 30.8 | 28.3 | -53.7 | |||||
| Net Profit Growth | % | ... | 225 | 6.14 | 34.2 | 27.8 | -54.0 | |||||
| market share | ||||||||||||
| Market Share in Revenues | % | 1.87 | 1.92 | 2.11 | 2.19 | 2.34 | ||||||
| Market Share in Net Profit | % | 2.56 | 2.46 | 3.43 | 3.11 | 1.13 |
| balance sheet | Unit | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| balance sheet | ||||||||||||
| Cash | BGN mil | 175 | 240 | 286 | 403 | 461 | ||||||
| Customer Loans | BGN mil | 1,316 | 1,320 | 1,347 | 1,263 | 1,341 | ||||||
| Debt Securities | BGN mil | 195 | 249 | 283 | 406 | 497 | ||||||
| Fixed Assets | BGN mil | 19.1 | 16.7 | 14.9 | 13.8 | 13.0 | ||||||
| Total Assets | BGN mil | 1,746 | 1,868 | 1,977 | 2,097 | 2,324 | ||||||
| Shareholders' Equity | BGN mil | 161 | 177 | 193 | 200 | 196 | ||||||
| Of Which Minority Interest | BGN mil | 0 | 0 | 0 | 0 | 0 | ||||||
| Liabilities | BGN mil | 1,584 | 1,692 | 1,784 | 1,898 | 2,129 | ||||||
| Interbank Borrowing | BGN mil | 0 | 0 | 0 | 0 | 0 | ||||||
| Customer Deposits | BGN mil | 1,552 | 1,638 | 1,737 | 1,887 | 2,120 | ||||||
| Issued Debt Securities | BGN mil | 0 | 0 | 0 | 0 | 0 | ||||||
| Other Liabilities | BGN mil | 0 | 0 | 0 | 0 | 0 | ||||||
| growth rates | ||||||||||||
| Customer Loan Growth | % | ... | 9.94 | 0.276 | 2.01 | -6.21 | 6.17 | |||||
| Total Asset Growth | % | ... | 6.10 | 7.03 | 5.84 | 6.07 | 10.8 | |||||
| Shareholders' Equity Growth | % | ... | 8.57 | 9.57 | 9.51 | 3.25 | -2.10 | |||||
| Customer Deposit Growth | % | ... | 5.70 | 5.54 | 6.03 | 8.63 | 12.4 | |||||
| market share | ||||||||||||
| Market Share in Customer Loans | % | 2.43 | 2.37 | 2.41 | 2.45 | 2.64 | ||||||
| Market Share in Total Assets | % | 2.90 | 2.89 | 2.84 | 2.99 | 3.05 | ||||||
| Market Share in Customer Deposits | % | 2.90 | 2.83 | 2.76 | 2.94 | 3.17 |
| ratios | Unit | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| ratios | ||||||||||||
| ROE | % | 7.85 | 7.63 | 9.35 | 11.2 | 5.14 | ||||||
| ROA | % | 0.717 | 0.714 | 0.900 | 1.09 | 0.460 | ||||||
| Costs (As % Of Assets) | % | 2.61 | 2.50 | 2.39 | 2.30 | 2.32 | ||||||
| Costs (As % Of Income) | % | 60.0 | 61.9 | 58.9 | 55.0 | 52.9 | ||||||
| Net Interest Margin | % | 3.11 | 2.78 | 2.93 | 3.06 | 3.27 | ||||||
| Interest Spread | % | ... | 2.80 | 2.48 | 2.70 | 2.87 | 3.18 | |||||
| Asset Yield | % | 6.19 | 5.69 | 5.03 | 4.78 | 4.14 | ||||||
| Cost Of Liabilities | % | ... | 3.39 | 3.21 | 2.33 | 1.91 | 0.955 | |||||
| Interest Income (As % Of Revenues) | % | 71.6 | 68.8 | 72.0 | 73.0 | 74.6 | ||||||
| Fee Income (As % Of Revenues) | % | 22.6 | 22.9 | 22.8 | 22.0 | 20.7 | ||||||
| Other Income (As % Of Revenues) | % | 5.83 | 8.32 | 5.23 | 4.99 | 4.69 | ||||||
| Equity (As % Of Assets) | % | 9.24 | 9.46 | 9.78 | 9.52 | 8.41 | ||||||
| Loans (As % Of Deposits) | % | 84.8 | 80.6 | 77.5 | 66.9 | 63.2 | ||||||
| Loans (As % Assets) | % | 75.4 | 70.6 | 68.1 | 60.2 | 57.7 | ||||||
| Cost of Provisions (As % Of Loans) | % | 1.27 | 1.01 | 0.982 | 1.06 | 2.63 |
Get all company financials in excel:
By Helgi Analytics - September 20, 2018
Allianz Bank Bulgaria generated total banking revenues of BGN 83.4 mil in 2017, down 7.66% compared to the previous year. Bulgarian banking sector banking sector generated total revenues of BGN 3,870 mil in 2017, down 4.62% when compared to the last y...
By Helgi Analytics - September 3, 2018
Allianz Bank Bulgaria's customer loans reached BGN 1,194 mil in 2017, down 1.51% compared to the previous year. Bulgarian banking sector provided customer loans of BGN 59.7 bil in 2017, up 6.73% when compared to the last year. Allianz Bank Bulgaria accoun...
By Helgi Analytics - September 3, 2018
Allianz Bank Bulgaria generated total banking revenues of BGN 83.4 mil in 2017, down 7.66% 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 BGN 96.8 mil in 201...
By Helgi Analytics - September 3, 2018
Allianz Bank Bulgaria's customer loan growth reached -1.51% in 2017, up from -9.55% compared to the previous year. Historically, the bank’s loans growth reached an all time high of 11.2% in 2008 and an all time low of -9.55% in 2016. In the last decade, t...
Allianz Bank Bulgaria has been growing its revenues and asset by -0.748% and 6.87% a year on average in the last 3 years. Its loans and deposits have grown by -1.84% and 7.27% a year during that time and loans to deposits ratio reached 51.3% at the end of 2017. The company achieved an average return on equity of 10.8% in the last three years with net profit growing 7.63% a year on average. In terms of operating efficiency, its cost to income ratio reached 47.6% in 2017, compared to 49.5% average in the last three years.
Equity represented 8.43% of total assets or -979% of loans at the end of 2017. Allianz Bank Bulgaria's non-performing loans were of total loans while provisions covered some of NPLs at the end of 2017.
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