By Helgi Analytics - August 16, 2019
Bank Ochrony Srodowiska's net interest margin amounted to 2.31% in the second quarter of 2019, up from 2.24% when compared to th...
By Helgi Analytics - August 16, 2019
Bank Ochrony Srodowiska employed 1,364 persons in 2019-06-30, down 3.40% when compared to the previous year. Historically, the b...
By Helgi Analytics - August 16, 2019
Bank Ochrony Srodowiska made a net profit of PLN 27.0 mil under revenues of PLN 150 mil in the second quarter of 2019, up 51.6% and ...
| Profit Statement | 2016 | 2017 | 2018 | |
| Net Interest Income | PLN mil | 309 | 384 | 384 |
| Net Fee Income | PLN mil | 109 | 109 | 97.9 |
| Other Income | PLN mil | 92.5 | 97.2 | 97.9 |
| Total Revenues | PLN mil | 511 | 590 | 580 |
| Staff Cost | PLN mil | 173 | 171 | 161 |
| Operating Profit | PLN mil | 130 | 210 | 223 |
| Provisions | PLN mil | 209 | 138 | 134 |
| Net Profit | PLN mil | -60.1 | 46.1 | 63.7 |
| Balance Sheet | 2016 | 2017 | 2018 | |
| Interbank Loans | PLN mil | 155 | 376 | 196 |
| Customer Loans | PLN mil | 13,965 | 12,344 | 11,810 |
| Total Assets | PLN mil | 20,830 | 19,677 | 18,251 |
| Shareholders' Equity | PLN mil | 1,782 | 1,860 | 2,138 |
| Interbank Borrowing | PLN mil | 116 | 480 | 572 |
| Customer Deposits | PLN mil | 17,124 | 15,464 | 14,799 |
| Issued Debt Securities | PLN mil | 1,581 | 1,514 | 490 |
| Ratios | 2016 | 2017 | 2018 | |
| ROE | % | -3.64 | 2.53 | 3.19 |
| ROA | % | -0.288 | 0.227 | 0.336 |
| Costs (As % Of Assets) | % | 1.83 | 1.88 | 1.88 |
| Costs (As % Of Income) | % | 74.6 | 64.5 | 61.6 |
| Capital Adequacy Ratio | % | 14.3 | 15.1 | 17.3 |
| Net Interest Margin | % | 1.48 | 1.90 | 2.03 |
| Loans (As % Of Deposits) | % | 81.6 | 79.8 | 79.8 |
| NPLs (As % Of Loans) | % | 11.0 | 11.9 | 13.0 |
| Provisions (As % Of NPLs) | % | 35.1 | 40.6 | 63.0 |
| Valuation | 2016 | 2017 | 2018 | |
| Price/Earnings (P/E) | ... | 11.3 | 10.7 | |
| Price/Book Value (P/BV) | 0.402 | 0.279 | 0.320 | |
| Dividend Yield | % | 0 | 0 | 0 |
| Earnings Per Share (EPS) | PLN | -1.40 | 0.733 | 0.686 |
| Book Value Per Share | PLN | 28.3 | 29.6 | 23.0 |
| Dividend Per Share | PLN | 0 | 0 | 0 |
Get all company financials in excel:
| summary | Unit | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
| income statement | |||||||||||||||
| Net Interest Income | PLN mil | 284 | 276 | 289 | 261 | 309 | |||||||||
| Total Revenues | PLN mil | ... | ... | 470 | 499 | 527 | 488 | 511 | |||||||
| Operating Profit | PLN mil | ... | ... | 96.5 | 133 | 150 | 57.3 | 130 | |||||||
| Net Profit | PLN mil | ... | ... | 37.5 | 64.4 | 65.6 | -51.1 | -60.1 | |||||||
| balance sheet | |||||||||||||||
| Interbank Loans | PLN mil | ... | ... | 119 | 152 | 347 | 380 | 155 | |||||||
| Customer Loans | PLN mil | ... | ... | 11,123 | 12,055 | 12,489 | 14,344 | 13,965 | |||||||
| Debt Securities | PLN mil | ... | ... | 3,963 | 4,872 | 5,709 | 5,108 | 5,611 | |||||||
| Total Assets | PLN mil | 16,867 | 18,418 | 19,672 | 20,922 | 20,830 | |||||||||
| Shareholders' Equity | PLN mil | 1,438 | 1,452 | 1,548 | 1,525 | 1,782 | |||||||||
| Interbank Borrowing | PLN mil | ... | ... | 466 | 443 | 354 | 0 | 116 | |||||||
| Customer Deposits | PLN mil | ... | ... | 11,816 | 13,196 | 14,228 | 15,968 | 17,124 | |||||||
| Issued Debt Securities | PLN mil | ... | ... | 2,912 | 3,060 | 3,161 | 2,918 | 1,581 | |||||||
| ratios | |||||||||||||||
| ROE | % | ... | ... | 2.90 | 4.45 | 4.37 | -3.33 | -3.64 | |||||||
| ROA | % | ... | ... | 0.231 | 0.365 | 0.344 | -0.252 | -0.288 | |||||||
| Costs (As % Of Assets) | % | ... | ... | 2.30 | 2.07 | 1.98 | 2.12 | 1.83 | |||||||
| Costs (As % Of Income) | % | ... | ... | 79.5 | 73.4 | 71.6 | 88.3 | 74.6 | |||||||
| Capital Adequacy Ratio | % | 15.2 | 12.4 | 14.0 | 12.1 | 14.3 | |||||||||
| Net Interest Margin | % | 1.75 | 1.57 | 1.52 | 1.29 | 1.48 | |||||||||
| Interest Income (As % Of Revenues) | % | ... | ... | 60.4 | 55.4 | 54.9 | 53.5 | 60.5 | |||||||
| Fee Income (As % Of Revenues) | % | ... | ... | 22.6 | 22.0 | 19.5 | 23.1 | 21.4 | |||||||
| Staff Cost (As % Of Total Cost) | % | ... | ... | 48.8 | 48.6 | 48.0 | 40.9 | 45.5 | |||||||
| Equity (As % Of Assets) | % | 8.52 | 7.89 | 7.87 | 7.29 | 8.55 | |||||||||
| Loans (As % Of Deposits) | % | ... | ... | 94.1 | 91.3 | 87.8 | 89.8 | 81.6 | |||||||
| Loans (As % Assets) | % | ... | ... | 65.9 | 65.5 | 63.5 | 68.6 | 67.0 | |||||||
| NPLs (As % Of Loans) | % | ... | ... | 7.76 | 5.55 | 7.15 | 7.08 | 11.0 | |||||||
| Provisions (As % Of NPLs) | % | ... | ... | 33.5 | 44.5 | 34.5 | 36.7 | 35.1 | |||||||
| valuation | |||||||||||||||
| Market Capitalisation (End Of Period) | USD mil | ... | ... | ... | ... | ... | ... | ... | ... | 351 | 218 | 110 | 117 | ||
| Number Of Shares (Average) | mil | 19.6 | 22.9 | 22.9 | 22.9 | 42.9 | |||||||||
| Share Price (End Of Period) | PLN | ... | ... | ... | ... | ... | ... | ... | ... | 46.3 | 33.7 | 17.1 | 11.4 | ||
| Earnings Per Share (EPS) | PLN | ... | ... | 1.91 | 2.81 | 2.87 | -2.23 | -1.40 | |||||||
| Book Value Per Share | PLN | 62.8 | 63.5 | 67.7 | 66.7 | 28.3 | |||||||||
| Dividend Per Share | PLN | 0 | 0 | 0 | 0 | 0 | |||||||||
| Price/Earnings (P/E) | ... | ... | ... | ... | ... | ... | ... | ... | 16.4 | 11.8 | ... | ... | |||
| Price/Book Value (P/BV) | ... | ... | ... | ... | ... | ... | ... | ... | 0.728 | 0.499 | 0.256 | 0.402 | |||
| Dividend Yield | % | ... | ... | ... | ... | ... | ... | ... | ... | 0 | 0 | 0 | 0 | ||
| Earnings Per Share Growth | % | ... | ... | ... | -49.9 | 47.3 | 1.88 | -178 | -37.2 | ||||||
| Book Value Per Share Growth | % | ... | -10.5 | 1.03 | 6.55 | -1.45 | -57.5 |
| income statement | Unit | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
| income statement | |||||||||||||||
| Interest Income | PLN mil | ... | ... | 900 | 772 | 746 | 660 | 695 | |||||||
| Interest Cost | PLN mil | ... | ... | 616 | 496 | 457 | 399 | 385 | |||||||
| Net Interest Income | PLN mil | 284 | 276 | 289 | 261 | 309 | |||||||||
| Net Fee Income | PLN mil | 106 | 110 | 103 | 113 | 109 | |||||||||
| Other Income | PLN mil | ... | ... | 79.6 | 113 | 135 | 114 | 92.5 | |||||||
| Total Revenues | PLN mil | ... | ... | 470 | 499 | 527 | 488 | 511 | |||||||
| Staff Cost | PLN mil | ... | ... | 182 | 178 | 181 | 176 | 173 | |||||||
| Depreciation | PLN mil | ... | ... | 35.9 | 46.2 | 49.1 | 52.5 | 45.4 | |||||||
| Other Cost | PLN mil | ... | ... | 155 | 142 | 147 | 202 | 162 | |||||||
| Operating Cost | PLN mil | ... | ... | 374 | 366 | 377 | 431 | 381 | |||||||
| Operating Profit | PLN mil | ... | ... | 96.5 | 133 | 150 | 57.3 | 130 | |||||||
| Provisions | PLN mil | ... | ... | 54.0 | 60.2 | 68.2 | 114 | 209 | |||||||
| Extra and Other Cost | PLN mil | ... | ... | < 0.001 | < -0.001 | < -0.001 | < 0.001 | < -0.001 | |||||||
| Pre-Tax Profit | PLN mil | ... | ... | 42.4 | 72.8 | 81.5 | -56.9 | -78.9 | |||||||
| Tax | PLN mil | ... | ... | 4.94 | 8.40 | 16.0 | -5.73 | -18.8 | |||||||
| Minorities | PLN mil | ... | ... | 0 | 0 | 0 | 0 | 0 | |||||||
| Net Profit | PLN mil | ... | ... | 37.5 | 64.4 | 65.6 | -51.1 | -60.1 | |||||||
| Dividends | PLN mil | 0 | 0 | 0 | 0 | 0 | |||||||||
| growth rates | |||||||||||||||
| Net Interest Income Growth | % | ... | 5.08 | -2.82 | 4.82 | -9.68 | 18.3 | ||||||||
| Net Fee Income Growth | % | ... | -6.05 | 3.26 | -6.16 | 9.43 | -3.16 | ||||||||
| Total Revenue Growth | % | ... | ... | ... | -5.13 | 6.13 | 5.62 | -7.32 | 4.61 | ||||||
| Operating Cost Growth | % | ... | ... | ... | -0.633 | -2.05 | 3.08 | 14.3 | -11.6 | ||||||
| Operating Profit Growth | % | ... | ... | ... | -19.3 | 37.8 | 12.6 | -61.7 | 127 | ||||||
| Pre-Tax Profit Growth | % | ... | ... | ... | -44.8 | 71.4 | 12.1 | -170 | 38.8 | ||||||
| Net Profit Growth | % | ... | ... | ... | -39.9 | 71.7 | 1.88 | -178 | 17.7 | ||||||
| market share | |||||||||||||||
| Market Share in Revenues | % | ... | ... | 0.800 | 0.899 | 0.913 | 0.873 | 0.861 | ... | ||||||
| Market Share in Net Profit | % | ... | ... | 0.242 | 0.424 | 0.413 | ... | ... | ... | ||||||
| Market Share in Employees | % | ... | ... | ... | ... | ... | ... | 1.09 | 1.07 | 1.05 | 1.00 | 0.969 | ... | ||
| Market Share in Bank Cards | % | ... | ... | ... | ... | 0.397 | 0.338 | 0.294 | 0.294 | 0.285 | ... | ||||
| Market Share in Branches | % | ... | ... | ... | ... | 0.637 | 0.622 | 0.632 | 0.643 | 0.588 | ... |
| balance sheet | Unit | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
| balance sheet | |||||||||||||||
| Cash | PLN mil | ... | ... | 1,050 | 893 | 394 | 615 | 514 | |||||||
| Interbank Loans | PLN mil | ... | ... | 119 | 152 | 347 | 380 | 155 | |||||||
| Customer Loans | PLN mil | ... | ... | 11,123 | 12,055 | 12,489 | 14,344 | 13,965 | |||||||
| Retail Loans | PLN mil | ... | ... | 4,592 | 4,788 | 4,684 | 4,788 | 4,616 | |||||||
| Mortgage Loans | PLN mil | ... | ... | 3,791 | 3,855 | 3,844 | 3,821 | 3,698 | |||||||
| Consumer Loans | PLN mil | ... | ... | 800 | 933 | 839 | 967 | 918 | |||||||
| Corporate Loans | PLN mil | ... | ... | 3,459 | 4,334 | 5,221 | 7,377 | 7,497 | |||||||
| Debt Securities | PLN mil | ... | ... | 3,963 | 4,872 | 5,709 | 5,108 | 5,611 | |||||||
| Fixed Assets | PLN mil | ... | ... | 286 | 43.8 | 297 | 237 | 213 | |||||||
| Total Assets | PLN mil | 16,867 | 18,418 | 19,672 | 20,922 | 20,830 | |||||||||
| Shareholders' Equity | PLN mil | 1,438 | 1,452 | 1,548 | 1,525 | 1,782 | |||||||||
| Of Which Minority Interest | PLN mil | 0 | 0 | 0 | 0 | 0 | ... | ||||||||
| Liabilities | PLN mil | 15,429 | 16,965 | 18,124 | 19,397 | 19,048 | |||||||||
| Interbank Borrowing | PLN mil | ... | ... | 466 | 443 | 354 | 0 | 116 | |||||||
| Customer Deposits | PLN mil | ... | ... | 11,816 | 13,196 | 14,228 | 15,968 | 17,124 | |||||||
| Retail Deposits | PLN mil | ... | ... | ... | ... | 4,617 | 5,215 | 7,022 | 8,397 | 10,797 | |||||
| Corporate Deposits | PLN mil | ... | ... | ... | ... | 4,292 | 4,700 | 4,501 | 5,209 | 4,094 | |||||
| Issued Debt Securities | PLN mil | ... | ... | 2,912 | 3,060 | 3,161 | 2,918 | 1,581 | |||||||
| Other Liabilities | PLN mil | ... | ... | 235 | 266 | 381 | 510 | 227 | |||||||
| asset quality | |||||||||||||||
| Non-Performing Loans | PLN mil | ... | ... | 887 | 686 | 916 | 1,043 | 1,603 | |||||||
| Gross Loans | PLN mil | ... | ... | 11,420 | 12,360 | 12,806 | 14,726 | 14,528 | |||||||
| Total Provisions | PLN mil | ... | ... | 297 | 305 | 316 | 382 | 563 | |||||||
| growth rates | |||||||||||||||
| Customer Loan Growth | % | ... | ... | ... | -2.03 | 8.38 | 3.61 | 14.8 | -2.64 | ||||||
| Retail Loan Growth | % | ... | ... | ... | -2.74 | 4.27 | -2.18 | 2.23 | -3.61 | ||||||
| Mortgage Loan Growth | % | ... | ... | ... | -5.22 | 1.67 | -0.267 | -0.605 | -3.23 | ||||||
| Consumer Loan Growth | % | ... | ... | ... | 11.0 | 16.6 | -10.1 | 15.2 | -5.12 | ||||||
| Corporate Loan Growth | % | ... | ... | ... | 8.20 | 25.3 | 20.5 | 41.3 | 1.62 | ||||||
| Total Asset Growth | % | ... | 7.86 | 9.20 | 6.81 | 6.35 | -0.441 | ||||||||
| Shareholders' Equity Growth | % | ... | 25.1 | 1.03 | 6.55 | -1.45 | 16.8 | ||||||||
| Customer Deposit Growth | % | ... | ... | ... | 3.54 | 11.7 | 7.82 | 12.2 | 7.24 | ||||||
| Retail Deposit Growth | % | ... | ... | ... | ... | ... | 0.738 | 12.9 | 34.7 | 19.6 | 28.6 | ||||
| Corporate Deposit Growth | % | ... | ... | ... | ... | ... | 8.90 | 9.50 | -4.23 | 15.7 | -21.4 | ||||
| market share | |||||||||||||||
| Market Share in Customer Loans | % | ... | ... | 1.19 | 1.24 | 1.20 | 1.30 | 1.20 | ... | ||||||
| Market Share in Corporate Loans | % | ... | ... | 1.27 | 1.56 | 1.73 | 2.25 | 2.17 | ... | ||||||
| Market Share in Retail Loans | % | ... | ... | 0.378 | 0.426 | 0.360 | 0.391 | 0.352 | ... | ||||||
| Market Share in Consumer Loans | % | ... | ... | 0.861 | 0.863 | 0.795 | 0.762 | 0.699 | ... | ||||||
| Market Share in Mortgage Loans | % | ... | ... | 1.18 | 1.15 | 1.08 | 1.00 | 0.924 | ... | ||||||
| Market Share in Total Assets | % | 1.25 | 1.31 | 1.28 | 1.31 | 1.22 | ... | ||||||||
| Market Share in Customer Deposits | % | ... | ... | 1.27 | 1.35 | 1.36 | 1.43 | 1.41 | ... | ||||||
| Market Share in Retail Deposits | % | ... | ... | ... | ... | 0.895 | 0.951 | 1.16 | 1.26 | 1.48 | ... | ||||
| Market Share in Corporate Deposits | % | ... | ... | ... | ... | 2.24 | 2.24 | 1.96 | 2.06 | 1.49 | ... |
| ratios | Unit | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
| ratios | |||||||||||||||
| ROE | % | ... | ... | 2.90 | 4.45 | 4.37 | -3.33 | -3.64 | |||||||
| ROA | % | ... | ... | 0.231 | 0.365 | 0.344 | -0.252 | -0.288 | |||||||
| Costs (As % Of Assets) | % | ... | ... | 2.30 | 2.07 | 1.98 | 2.12 | 1.83 | |||||||
| Costs (As % Of Income) | % | ... | ... | 79.5 | 73.4 | 71.6 | 88.3 | 74.6 | |||||||
| Capital Adequacy Ratio | % | 15.2 | 12.4 | 14.0 | 12.1 | 14.3 | |||||||||
| Tier 1 Ratio | % | ... | ... | ... | ... | ... | ... | ... | 11.6 | 10.0 | 10.5 | 9.13 | 11.4 | ||
| Net Interest Margin | % | 1.75 | 1.57 | 1.52 | 1.29 | 1.48 | |||||||||
| Interest Spread | % | ... | ... | 1.42 | 1.31 | 1.31 | 1.13 | 1.32 | |||||||
| Asset Yield | % | ... | ... | 5.54 | 4.38 | 3.92 | 3.25 | 3.33 | |||||||
| Cost Of Liabilities | % | ... | ... | 4.12 | 3.06 | 2.60 | 2.12 | 2.01 | |||||||
| Payout Ratio | % | ... | ... | 0 | 0 | 0 | 0 | 0 | |||||||
| Interest Income (As % Of Revenues) | % | ... | ... | 60.4 | 55.4 | 54.9 | 53.5 | 60.5 | |||||||
| Fee Income (As % Of Revenues) | % | ... | ... | 22.6 | 22.0 | 19.5 | 23.1 | 21.4 | |||||||
| Other Income (As % Of Revenues) | % | ... | ... | 16.9 | 22.6 | 25.5 | 23.4 | 18.1 | |||||||
| Cost Per Employee | USD per month | ... | ... | ... | ... | ... | ... | 2,360 | 2,451 | 2,502 | 2,553 | 2,132 | |||
| Cost Per Employee (Local Currency) | PLN per month | ... | ... | ... | ... | ... | ... | 7,679 | 7,747 | 8,197 | 8,367 | 8,613 | |||
| Staff Cost (As % Of Total Cost) | % | ... | ... | 48.8 | 48.6 | 48.0 | 40.9 | 45.5 | |||||||
| Equity (As % Of Assets) | % | 8.52 | 7.89 | 7.87 | 7.29 | 8.55 | |||||||||
| Loans (As % Of Deposits) | % | ... | ... | 94.1 | 91.3 | 87.8 | 89.8 | 81.6 | |||||||
| Loans (As % Assets) | % | ... | ... | 65.9 | 65.5 | 63.5 | 68.6 | 67.0 | |||||||
| NPLs (As % Of Loans) | % | ... | ... | 7.76 | 5.55 | 7.15 | 7.08 | 11.0 | |||||||
| Provisions (As % Of NPLs) | % | ... | ... | 33.5 | 44.5 | 34.5 | 36.7 | 35.1 | |||||||
| Provisions (As % Of Loans) | % | ... | ... | 2.67 | 2.53 | 2.53 | 2.66 | 4.03 | |||||||
| Cost of Provisions (As % Of Loans) | % | ... | ... | 0.481 | 0.519 | 0.556 | 0.851 | 1.47 |
| other data | Unit | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
| other data | |||||||||||||||
| Branches | ... | ... | ... | ... | 98.0 | 95.0 | 95.0 | 93.0 | 85.0 | ||||||
| Employees | ... | ... | ... | ... | ... | ... | 1,979 | 1,913 | 1,840 | 1,755 | 1,676 | ||||
| Clients | mil | ... | ... | ... | ... | 0.202 | 0.219 | 0.226 | 0.255 | 0.264 | |||||
| Payment Cards | '000 | ... | ... | ... | ... | 132 | 116 | 105 | 101 | 102 |
Get all company financials in excel:
By Helgi Analytics - August 16, 2019
Bank Ochrony Srodowiska's capital adequacy ratio reached 17.3% at the end of second quarter of 2019, up from 16.7% when compared to the previous quarter. Historically, the bank’s capital ratio hit an all time high of 17.4% in 3Q2018 and an all time low of 12.1% in ...
By Helgi Analytics - August 16, 2019
Bank Ochrony Srodowiska's non-performing loans reached 12.5% of total loans at the end of 2019-06-30, down from 13.2% compared to the previous year. Historically, the NPL ratio hit an all time high of 13.3% in 2018-03-31 and an all time low of 5.55% in 2013-12-31...
By Helgi Analytics - August 16, 2019
Bank Ochrony Srodowiska's cost to income ratio reached 56.1% in the second quarter of 2019, down from 72.4% when compared to the previous quarter. Historically, the bank’s costs reached an all time high of 105% of income in 4Q2015 and an all time low of 53.2...
By Helgi Analytics - August 16, 2019
Bank Ochrony Srodowiska generated total banking revenues of PLN 150 mil in the second quarter of 2019, down 8.15% when compared to the same period of last year and up 1.97% when compared to the previous quarter. Historically, the bank’s revenues c...
By Helgi Analytics - August 16, 2019
Bank Ochrony Srodowiska's loans reached PLN 12,637 mil in the second quarter of 2019, down from PLN 12,734 mil when compared to the previous quarter and down from PLN 12,751 mil when compared to the same period of last year. Historically, the bank’s...
By Helgi Analytics - August 16, 2019
Bank Ochrony Srodowiska stock traded at PLN 7.78 per share at the end second quarter of 2019 implying a market capitalization of USD 194 mil. Since the end of 2Q2014, the stock has depreciated by -83.4 % implying an annual average growth of -30.2 %. In absolute terms,...
By Helgi Analytics - January 26, 2020
Bank Ochrony Srodowiska stock traded at PLN 7.78 per share at the end of second quarter of 2019 implying a market capitalization of USD 194 mil. Over the last five years, the stock has depreciated by 83.4 implying an annual average growth of -30.2% In abs...
By Helgi Analytics - October 7, 2019
Bank Ochrony Srodowiska's Equity reached 11.8% of total assets in the 2Q2019, up from 9.29% for the previous year. As a share of net customer loans, the ratio amounted to 18.6% at the end of the second quarter of 2019. ...
By Helgi Analytics - August 16, 2019
Bank Ochrony Srodowiska stock traded at PLN 7.78 per share at the end of second quarter of 2019 implying a market capitalization of USD 194 mil. Over the last five years, the stock has depreciated by -83.4 % implying an annual average growth of -30.2 %. In absolute te...
By Helgi Analytics - August 15, 2019
Bank Ochrony Srodowiska's retail loans reached PLN 3,587 mil at the end of 2019-06-30, down 2.25% compared to the previous year. In the last decade, the average annual loan growth amounted to 0%. Overall, retail loans accounted for 30.8% of the bank's loan ...
Bank Ochrony Środowisk (BOS) is a Poland's small-sized bank. The Bank specializes in supporting undertakings and activities contributing to environmental protection. The Bank divides its business activities into two divisions: Corporate and Public Finances division and Retail division. Its main products and services include deposit accounts, lending accounts, commercial loan facilities, investment banking services, trade finance services and foreign exchange and fiduciary services. As of December 31, 2011, the parent entity to BOS SA was Narodowy Fundusz Ochrony Srodowiska i Gospodarki Wodnej. Since 1997 its shares have been traded in the primary market of the Warsaw Stock Exchange.
Bank Ochrony Srodowiska has been growing its revenues and asset by 4.80% and 5.02% a year on average in the last 10 years. Its loans and deposits have grown by 4.25% and 4.86% a year during that time and loans to deposits ratio reached 79.8% at the end of 2018. The company achieved an average return on equity of 2.54% in the last decade with net profit growing 68.3% a year on average. In terms of operating efficiency, its cost to income ratio reached 61.6% in 2018, compared to 74.8% average in the last decade.
Equity represented 11.7% of total assets or 18.1% of loans at the end of 2018. Bank Ochrony Srodowiska's non-performing loans were 13.0% of total loans while provisions covered some 63.0% of NPLs at the end of 2018.
Bank Ochrony Srodowiska stock traded at PLN 7.35 per share at the end of 2018 resulting in a market capitalization of USD 183 mil. Over the previous three years, stock price fell by 57% or 24.5% a year on average. That’s compared to an average ROE of 0.693% the bank generated for its shareholders. This closing price put stock at a 12-month trailing price to earnings (PE) of 10.7x and price to book value (PBV) of 0.320x in 2018.
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