Banka Postanska Stedionica

Postanska's net profit rose 161% to RSD 3,879 mil in 2017

By Helgi Analytics - November 05, 2019

Banka Postanska Stedionica made a net profit of RSD 3,879 mil under revenues of RSD 8,163 mil in 2017, up 161% and -9.73% respectivel...

Postanska's net interest margin fell 7.15% to 4.26% in 2017

By Helgi Analytics - November 05, 2019

Banka Postanska Stedionica's net interest margin amounted to 4.26% in 2017, down from 4.59% compared to the previous year. ...

Postanska's customer deposits rose 3.94% to RSD 121,943 mil in 2017

By Helgi Analytics - November 05, 2019

Banka Postanska Stedionica's customer deposits reached RSD 121,943 mil in 2017, up 3.94% compared to the previous year. Serbian...

Profit Statement 2015 2016 2017
Net Interest Income RSD mil 5,716 6,034 5,829
Fee Income (As % Of Revenues) % 27.3 27.0 25.2
Other Income RSD mil 777 569 281
Total Revenues RSD mil 8,931 9,044 8,163
Staff Cost RSD mil 2,134 2,174 3,103
Operating Profit RSD mil 3,476 3,396 1,974
Provisions RSD mil 3,098 8,993 -1,985
Net Profit RSD mil 393 -6,329 3,879
Balance Sheet 2015 2016 2017
Interbank Loans RSD mil 1,460 6,913 3,999
Customer Loans RSD mil 43,719 33,466 35,263
Debt Securities RSD mil 54,273 59,891 66,749
Total Assets RSD mil 129,866 133,096 140,488
Shareholders' Equity RSD mil 17,669 11,722 15,848
Interbank Borrowing RSD mil 222 1,989 1,027
Customer Deposits RSD mil 109,863 117,322 121,943
Issued Debt Securities RSD mil 0 0 0
Ratios 2015 2016 2017
ROE % 2.24 -43.1 28.1
ROA % 0.324 -4.81 2.84
Costs (As % Of Assets) % 4.49 4.30 4.52
Costs (As % Of Income) % 61.1 62.4 75.8
Capital Adequacy Ratio % ... 21.4 21.3
Net Interest Margin % 4.70 4.59 4.26
Loans (As % Of Deposits) % 39.8 28.5 28.9
NPLs (As % Of Loans) % ... 57.6 18.3
Provisions (As % Of NPLs) % ... 63.7 82.6
Growth Rates 2015 2016 2017
Total Revenue Growth % 9.87 1.26 -9.73
Operating Cost Growth % 1.81 3.53 9.59
Operating Profit Growth % 25.4 -2.30 -41.9
Net Profit Growth % 24.1 -1,709 -161
Customer Loan Growth % 15.0 -23.5 5.37
Total Asset Growth % 14.6 2.49 5.55
Customer Deposit Growth % 17.9 6.79 3.94
Shareholders' Equity Growth % 1.26 -33.7 35.2
Employees ... 1,724 1,996

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summary Unit 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
income statement                    
Net Interest Income RSD mil       4,143 4,609 4,044 4,516 5,716    
Total Revenues RSD mil       6,582 7,411 7,433 8,129 8,931    
Operating Profit RSD mil       1,870 2,053 1,243 2,771 3,476    
Net Profit RSD mil       1,150 902 130 317 393    
balance sheet                    
Interbank Loans RSD mil       4,922 12,082 16,295 2,909 1,460    
Customer Loans RSD mil       16,582 27,103 33,669 38,032 43,719    
Debt Securities RSD mil       3,694 17,212 26,087 40,540 54,273    
Total Assets RSD mil       37,565 75,479 99,560 113,289 129,866    
Shareholders' Equity RSD mil       11,171 12,258 12,449 17,450 17,669    
Interbank Borrowing RSD mil       0.344 877 3.77 536 222    
Customer Deposits RSD mil       24,083 58,748 84,211 93,174 109,863    
Issued Debt Securities RSD mil       0 0 0 0 0    
ratios                    
ROE %       10.9 7.70 1.05 2.12 2.24    
ROA %       3.30 1.60 0.149 0.298 0.324    
Costs (As % Of Assets) %       13.5 9.48 7.07 5.03 4.49    
Costs (As % Of Income) %       71.6 72.3 83.3 65.9 61.1    
Capital Adequacy Ratio % ... ... ... ... ... ... ... ...    
Net Interest Margin %       11.9 8.15 4.62 4.24 4.70    
Interest Income (As % Of Revenues) %       63.0 62.2 54.4 55.6 64.0    
Fee Income (As % Of Revenues) %       32.7 28.7 33.3 29.7 27.3    
Staff Cost (As % Of Total Cost) %       52.6 49.1 47.5 43.6 39.1    
Equity (As % Of Assets) %       29.7 16.2 12.5 15.4 13.6    
Loans (As % Of Deposits) %       68.9 46.1 40.0 40.8 39.8    
Loans (As % Assets) %       44.1 35.9 33.8 33.6 33.7    
NPLs (As % Of Loans) % ... ... ... ... ... ... ... ...    
Provisions (As % Of NPLs) % ... ... ... ... ... ... ... ...    
income statement Unit 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
income statement                    
Interest Income RSD mil       4,656 5,596 7,454 7,993 7,966    
Interest Cost RSD mil       512 986 3,410 3,477 2,250    
Net Interest Income RSD mil       4,143 4,609 4,044 4,516 5,716    
Net Fee Income RSD mil       2,155 2,125 2,477 2,414 2,438    
Other Income RSD mil       284 677 912 1,199 777    
Total Revenues RSD mil       6,582 7,411 7,433 8,129 8,931    
Staff Cost RSD mil       2,480 2,629 2,941 2,334 2,134    
Depreciation RSD mil       211 261 314 356 364    
Other Cost RSD mil       2,020 2,468 2,935 2,668 2,956    
Operating Cost RSD mil       4,712 5,359 6,190 5,358 5,455    
Operating Profit RSD mil       1,870 2,053 1,243 2,771 3,476    
Provisions RSD mil       716 1,011 1,111 2,469 3,098    
Extra and Other Cost RSD mil       0 0 -0.002 0 < -0.001    
Pre-Tax Profit RSD mil       1,154 1,042 132 303 378    
Tax RSD mil       3.42 139 1.89 14.4 15.4    
Minorities RSD mil       0 0 0 0 0    
Net Profit RSD mil       1,150 902 130 317 393    
growth rates                    
Net Interest Income Growth % ...     16.0 11.3 -12.3 11.7 26.6    
Net Fee Income Growth % ...     5.64 -1.38 16.6 -2.54 1.00    
Total Revenue Growth % ...     5.11 12.6 0.287 9.37 9.87    
Operating Cost Growth % ...     14.2 13.7 15.5 -13.4 1.81    
Operating Profit Growth % ...     -12.5 9.77 -39.5 123 25.4    
Pre-Tax Profit Growth % ...     -7.85 -9.69 -87.3 129 24.9    
Net Profit Growth % ...     -8.12 -21.5 -85.6 144 24.1    
market share                    
Market Share in Revenues %       3.99 4.38 4.57 4.65 4.87    
Market Share in Net Profit %       92.0 7.74 ... 13.9 5.28 ...  
Market Share in Employees % ... ... ... ... ... ... ... ...    
Market Share in Branches % ... ... ... ... ... ... ... ...    
balance sheet Unit 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
balance sheet                    
Cash RSD mil       8,108 7,318 14,806 25,959 25,061    
Interbank Loans RSD mil       4,922 12,082 16,295 2,909 1,460    
Customer Loans RSD mil       16,582 27,103 33,669 38,032 43,719    
Retail Loans RSD mil ... ... ... ... ... ... 16,381 21,056    
Corporate Loans RSD mil ... ... ... ... ... ... 16,381 21,390    
Debt Securities RSD mil       3,694 17,212 26,087 40,540 54,273    
Fixed Assets RSD mil       3,412 4,271 4,143 3,908 3,739    
Total Assets RSD mil       37,565 75,479 99,560 113,289 129,866    
Shareholders' Equity RSD mil       11,171 12,258 12,449 17,450 17,669    
Of Which Minority Interest RSD mil       0.056 0.062 0.063 0.063 0.063    
Liabilities RSD mil       26,394 63,221 87,111 95,839 112,197    
Interbank Borrowing RSD mil       0.344 877 3.77 536 222    
Customer Deposits RSD mil       24,083 58,748 84,211 93,174 109,863    
Retail Deposits RSD mil ... ... ... ... ... ... 68,597 75,679    
Corporate Deposits RSD mil ... ... ... ... ... ... 24,576 34,184    
Issued Debt Securities RSD mil       0 0 0 0 0    
Other Liabilities RSD mil       2,311 3,596 2,896 2,130 2,112    
asset quality                    
Non-Performing Loans RSD mil ... ... ... ... ... ... ... ...    
Gross Loans RSD mil ... ... ... ... ... ... ... 47,735    
Total Provisions RSD mil ... ... ... ... ... ... ... 9,291    
growth rates                    
Customer Loan Growth % ...     4.42 63.4 24.2 13.0 15.0    
Retail Loan Growth % ... ... ... ... ... ... ... 28.5    
Corporate Loan Growth % ... ... ... ... ... ... ... 30.6    
Total Asset Growth % ...     16.6 101 31.9 13.8 14.6    
Shareholders' Equity Growth % ...     11.4 9.73 1.56 40.2 1.26    
Customer Deposit Growth % ...     20.1 144 43.3 10.6 17.9    
Retail Deposit Growth % ... ... ... ... ... ... ... 10.3    
Corporate Deposit Growth % ... ... ... ... ... ... ... 39.1    
market share                    
Market Share in Customer Loans %       0.834 1.20 1.52 1.60 1.73    
Market Share in Corporate Loans % ... ... ... ... ... ... 1.69 2.16    
Market Share in Consumer Loans % ... ... ... ... ... ... 2.26 2.77    
Market Share in Total Assets %       1.29 2.39 3.16 3.43 3.79    
Market Share in Customer Deposits %       1.74 3.84 5.28 5.42 6.00    
Market Share in Retail Deposits % ... ... ... ... ... ... 6.26 6.69    
Market Share in Corporate Deposits % ... ... ... ... ... ... 4.91 5.93    
ratios Unit 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
ratios                    
ROE %       10.9 7.70 1.05 2.12 2.24    
ROA %       3.30 1.60 0.149 0.298 0.324    
Costs (As % Of Assets) %       13.5 9.48 7.07 5.03 4.49    
Costs (As % Of Income) %       71.6 72.3 83.3 65.9 61.1    
Capital Adequacy Ratio % ... ... ... ... ... ... ... ...    
Net Interest Margin %       11.9 8.15 4.62 4.24 4.70    
Interest Spread % ...     11.2 7.70 3.98 3.71 4.39    
Asset Yield %       13.3 9.90 8.52 7.51 6.55    
Cost Of Liabilities % ...     2.11 2.20 4.54 3.80 2.16    
Interest Income (As % Of Revenues) %       63.0 62.2 54.4 55.6 64.0    
Fee Income (As % Of Revenues) %       32.7 28.7 33.3 29.7 27.3    
Other Income (As % Of Revenues) %       4.31 9.14 12.3 14.7 8.70    
Cost Per Employee USD per month ... ... ... ... ... ... ... ...    
Cost Per Employee (Local Currency) RSD per month ... ... ... ... ... ... ... ...    
Staff Cost (As % Of Total Cost) %       52.6 49.1 47.5 43.6 39.1    
Equity (As % Of Assets) %       29.7 16.2 12.5 15.4 13.6    
Loans (As % Of Deposits) %       68.9 46.1 40.0 40.8 39.8    
Loans (As % Assets) %       44.1 35.9 33.8 33.6 33.7    
NPLs (As % Of Loans) % ... ... ... ... ... ... ... ...    
Provisions (As % Of NPLs) % ... ... ... ... ... ... ... ...    
Provisions (As % Of Loans) % ... ... ... ... ... ... ... 21.3    
Cost of Provisions (As % Of Loans) %       4.41 4.63 3.66 6.89 7.58    
other data Unit 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
other data                    
Branches ... ... ... ... ... ... ... ...    
Employees ... ... ... ... ... ... ... ...    

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Postanska's total revenues fell 9.73% to RSD 8,163 mil in 2017

By Helgi Analytics - November 05, 2019

Banka Postanska Stedionica generated total banking revenues of RSD 8,163 mil in 2017, down 9.73% compared to the previous year. Serbian banking sector banking sector generated total revenues of RSD 197,856 mil in 2017, up 7.42% when compared to the la...

Postanska's customer loans rose 5.37% to RSD 35,263 mil in 2017

By Helgi Analytics - November 05, 2019

Banka Postanska Stedionica's customer loans reached RSD 35,263 mil in 2017, up 5.37% compared to the previous year. Serbian banking sector provided customer loans of RSD 2,702 bil in 2017, up 1.16% when compared to the last year. Banka Postanska Stedionic...

Postanska's net interest income fell 3.40% to RSD 5,829 mil in 2017

By Helgi Analytics - November 05, 2019

Banka Postanska Stedionica generated total banking revenues of RSD 8,163 mil in 2017, down 9.73% 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 RSD 9,044 mil...

Postanska's customer loan growth rose 123% to 5.37% in 2017

By Helgi Analytics - November 05, 2019

Banka Postanska Stedionica's customer loan growth reached 5.37% in 2017, up from -23.5% compared to the previous year. Historically, the bank’s loans growth reached an all time high of 137% in 2010 and an all time low of -23.5% in 2016. In the last decade...

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Banka Poštanska Štedionica, A.D. is a Serbia-based universal bank. The Bank offers a wide range of banking and other financial services to commercial and private banking clients. It provides a number of retail and corporate services, including saving accounts, money transfers, currency exchange, current accounts, debit and credit cards, credits, loans, Internet and mobile banking, securities and other services. At the end of 2013, the Bank took over assets of Privredna Banka Beograd. Banka Poštanska Štedionica’s services are available also through its post offices. The Bank was founded in 1921 and is based in Belgrade, Serbia

Banka Postanska Stedionica Logo

Finance

Banka Postanska Stedionica has been growing its revenues and asset by 0.141% and 7.44% a year on average in the last 3 years. Its loans and deposits have grown by -2.49% and 9.38% a year during that time and loans to deposits ratio reached 28.9% at the end of 2017. The company achieved an average return on equity of -4.23% in the last three years with net profit growing 130% a year on average. In terms of operating efficiency, its cost to income ratio reached 75.8% in 2017, compared to 66.4% average in the last three years.

Equity represented 11.3% of total assets or 44.9% of loans at the end of 2017. Banka Postanska Stedionica's non-performing loans were 18.3% of total loans while provisions covered some 82.6% of NPLs at the end of 2017.