By Helgi Analytics - March 25, 2021
CSOB's mortgage loans reached CZK 458,162 mil in 2020-12-31, up 1.16% compared to the previous year. Czech banking sector provi...
By Helgi Analytics - March 25, 2021
CSOB's net interest margin amounted to 1.22% in the fourth quarter of 2020, down from 1.28% when compared to the previous quarte...
By Helgi Analytics - February 15, 2021
CSOB's customer deposits reached CZK 1,075,140 mil in 2020-12-31, down 0.503% compared to the previous year. Czech banking sect...
Profit Statement | 2018 | 2019 | 2020 | |
Net Interest Income | CZK mil | 26,016 | 32,004 | 26,102 |
Fee Income (As % Of Revenues) | % | 21.6 | 20.1 | 21.5 |
Other Income | CZK mil | 3,064 | 1,882 | 1,558 |
Total Revenues | CZK mil | 37,102 | 42,404 | 35,251 |
Staff Cost | CZK mil | 8,709 | 9,333 | 9,254 |
Operating Profit | CZK mil | 19,333 | 23,370 | 15,999 |
Provisions | CZK mil | 983 | 403 | 5,926 |
Net Profit | CZK mil | 15,757 | 19,691 | 8,488 |
Balance Sheet | 2018 | 2019 | 2020 | |
Interbank Loans | CZK mil | 532,823 | 621,193 | 645,747 |
Customer Loans | CZK mil | 690,610 | 838,018 | 934,195 |
Investments | CZK mil | 85,564 | 88,519 | 99,420 |
Total Assets | CZK mil | 1,377,570 | 1,630,600 | 1,756,440 |
Shareholders' Equity | CZK mil | 91,546 | 98,208 | 106,992 |
Interbank Borrowing | CZK mil | 54,653 | 47,346 | 57,422 |
Customer Deposits | CZK mil | 792,625 | 959,951 | 1,075,140 |
Issued Debt Securities | CZK mil | 365,311 | 415,818 | 425,293 |
Ratios | 2018 | 2019 | 2020 | |
ROE | % | 17.1 | 20.8 | 8.27 |
ROA | % | 1.17 | 1.31 | 0.501 |
Costs (As % Of Assets) | % | 1.32 | 1.27 | 1.14 |
Costs (As % Of Income) | % | 47.9 | 44.9 | 54.6 |
Capital Adequacy Ratio | % | 18.0 | 19.2 | 24.2 |
Net Interest Margin | % | 1.93 | 2.13 | 1.54 |
Loans (As % Of Deposits) | % | 87.1 | 87.3 | 86.9 |
NPLs (As % Of Loans) | % | 3.06 | 2.18 | 2.00 |
Provisions (As % Of NPLs) | % | 45.7 | 47.3 | 48.7 |
Growth Rates | 2018 | 2019 | 2020 | |
Total Revenue Growth | % | -0.261 | 14.3 | -16.9 |
Operating Cost Growth | % | 9.33 | 7.12 | 1.15 |
Operating Profit Growth | % | -7.70 | 20.9 | -31.5 |
Net Profit Growth | % | -10.0 | 25.0 | -56.9 |
Customer Loan Growth | % | 2.35 | 21.3 | 11.5 |
Total Asset Growth | % | 4.81 | 18.4 | 7.72 |
Customer Deposit Growth | % | 6.47 | 21.1 | 12.0 |
Shareholders' Equity Growth | % | -0.984 | 7.28 | 8.94 |
Employees | 8,623 | 8,626 | 8,349 |
Get all company financials in excel:
summary | Unit | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
income statement | ||||||||||||||||||||||||||||
Net Interest Income | CZK mil | ... | ... | ... | 22,872 | 22,303 | 22,235 | 22,692 | 26,016 | |||||||||||||||||||
Total Revenues | CZK mil | ... | ... | ... | 31,443 | 32,542 | 34,043 | 37,199 | 37,102 | |||||||||||||||||||
Operating Profit | CZK mil | ... | ... | ... | 16,462 | 16,855 | 18,392 | 20,947 | 19,333 | |||||||||||||||||||
Net Profit | CZK mil | 13,604 | 14,010 | 15,141 | 17,517 | 15,757 | ||||||||||||||||||||||
balance sheet | ||||||||||||||||||||||||||||
Interbank Loans | CZK mil | ... | ... | ... | 38,581 | 75,088 | 242,209 | 485,267 | 532,823 | |||||||||||||||||||
Customer Loans | CZK mil | 468,054 | 504,360 | 537,013 | 674,729 | 690,610 | ||||||||||||||||||||||
Investments | CZK mil | ... | ... | ... | 269,769 | 238,760 | 222,133 | 70,372 | 85,564 | |||||||||||||||||||
Total Assets | CZK mil | 865,639 | 956,325 | 1,085,530 | 1,314,400 | 1,377,570 | ||||||||||||||||||||||
Shareholders' Equity | CZK mil | 85,580 | 90,719 | 88,735 | 92,456 | 91,546 | ||||||||||||||||||||||
Interbank Borrowing | CZK mil | ... | ... | ... | 59,065 | 23,786 | 32,598 | 68,502 | 54,653 | |||||||||||||||||||
Customer Deposits | CZK mil | 599,142 | 621,927 | 676,161 | 744,448 | 792,625 | ||||||||||||||||||||||
Issued Debt Securities | CZK mil | ... | ... | ... | 114,685 | 211,298 | 279,990 | 350,136 | 365,311 | |||||||||||||||||||
ratios | ||||||||||||||||||||||||||||
ROE | % | ... | 16.4 | 15.9 | 16.9 | 19.3 | 17.1 | |||||||||||||||||||||
ROA | % | ... | 1.49 | 1.54 | 1.48 | 1.46 | 1.17 | |||||||||||||||||||||
Costs (As % Of Assets) | % | ... | ... | ... | 1.64 | 1.72 | 1.53 | 1.35 | 1.32 | |||||||||||||||||||
Costs (As % Of Income) | % | ... | ... | ... | 47.6 | 48.2 | 46.0 | 43.7 | 47.9 | |||||||||||||||||||
Capital Adequacy Ratio | % | 17.5 | 19.4 | 18.5 | 17.2 | 18.0 | ||||||||||||||||||||||
Net Interest Margin | % | ... | ... | ... | 2.50 | 2.45 | 2.18 | 1.89 | 1.93 | |||||||||||||||||||
Interest Income (As % Of Revenues) | % | ... | ... | ... | 72.7 | 68.5 | 65.3 | 61.0 | 70.1 | |||||||||||||||||||
Fee Income (As % Of Revenues) | % | ... | ... | ... | 19.0 | 19.6 | 18.3 | 17.2 | 21.6 | |||||||||||||||||||
Staff Cost (As % Of Total Cost) | % | ... | ... | ... | 45.9 | 44.7 | 48.0 | 48.7 | 49.0 | |||||||||||||||||||
Equity (As % Of Assets) | % | 9.89 | 9.49 | 8.17 | 7.03 | 6.65 | ||||||||||||||||||||||
Loans (As % Of Deposits) | % | 78.1 | 81.1 | 79.4 | 90.6 | 87.1 | ||||||||||||||||||||||
Loans (As % Assets) | % | 54.1 | 52.7 | 49.5 | 51.3 | 50.1 | ||||||||||||||||||||||
NPLs (As % Of Loans) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | 4.19 | 3.73 | 3.03 | 2.04 | 3.06 | |||||||||||||
Provisions (As % Of NPLs) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | 57.1 | 58.3 | 54.2 | 58.3 | 45.7 |
income statement | Unit | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
income statement | ||||||||||||||||||||||||||||
Interest Income | CZK mil | ... | ... | ... | 26,841 | 25,580 | 25,043 | 25,979 | 33,764 | |||||||||||||||||||
Interest Cost | CZK mil | ... | ... | ... | 3,969 | 3,277 | 2,808 | 3,287 | 7,748 | |||||||||||||||||||
Net Interest Income | CZK mil | ... | ... | ... | 22,872 | 22,303 | 22,235 | 22,692 | 26,016 | |||||||||||||||||||
Net Fee Income | CZK mil | ... | ... | ... | 5,979 | 6,391 | 6,218 | 6,396 | 8,022 | |||||||||||||||||||
Other Income | CZK mil | ... | ... | ... | 2,592 | 3,848 | 5,590 | 8,111 | 3,064 | |||||||||||||||||||
Total Revenues | CZK mil | ... | ... | ... | 31,443 | 32,542 | 34,043 | 37,199 | 37,102 | |||||||||||||||||||
Staff Cost | CZK mil | ... | ... | ... | 6,880 | 7,007 | 7,510 | 7,920 | 8,709 | |||||||||||||||||||
Depreciation | CZK mil | ... | ... | ... | 685 | 617 | 1,268 | 1,380 | 1,455 | |||||||||||||||||||
Other Cost | CZK mil | ... | ... | ... | 7,416 | 8,063 | 6,873 | 6,952 | 7,605 | |||||||||||||||||||
Operating Cost | CZK mil | ... | ... | ... | 14,981 | 15,687 | 15,651 | 16,252 | 17,769 | |||||||||||||||||||
Operating Profit | CZK mil | ... | ... | ... | 16,462 | 16,855 | 18,392 | 20,947 | 19,333 | |||||||||||||||||||
Provisions | CZK mil | ... | ... | ... | 975 | 1,081 | 708 | 615 | 983 | |||||||||||||||||||
Extra and Other Cost | CZK mil | ... | ... | ... | -691 | -687 | -696 | -637 | -581 | |||||||||||||||||||
Pre-Tax Profit | CZK mil | 16,178 | 16,461 | 18,380 | 20,969 | 18,931 | ||||||||||||||||||||||
Tax | CZK mil | 2,557 | 2,472 | 3,232 | 3,453 | 3,174 | ||||||||||||||||||||||
Minorities | CZK mil | 17.0 | -21.0 | 7.00 | -1.00 | 0 | ||||||||||||||||||||||
Net Profit | CZK mil | 13,604 | 14,010 | 15,141 | 17,517 | 15,757 | ||||||||||||||||||||||
Net Profit Avail. to Common | CZK mil | 13,604 | 14,010 | 15,141 | 17,517 | 15,757 | ||||||||||||||||||||||
growth rates | ||||||||||||||||||||||||||||
Net Interest Income Growth | % | ... | ... | ... | ... | 0.976 | -2.49 | -0.305 | 2.06 | 14.6 | ||||||||||||||||||
Net Fee Income Growth | % | ... | ... | ... | ... | 6.62 | 6.89 | -2.71 | 2.86 | 25.4 | ||||||||||||||||||
Total Revenue Growth | % | ... | ... | ... | ... | 0.772 | 3.50 | 4.61 | 9.27 | -0.261 | ||||||||||||||||||
Operating Cost Growth | % | ... | ... | ... | ... | 1.17 | 4.71 | -0.229 | 3.84 | 9.33 | ||||||||||||||||||
Operating Profit Growth | % | ... | ... | ... | ... | 0.415 | 2.39 | 9.12 | 13.9 | -7.70 | ||||||||||||||||||
Pre-Tax Profit Growth | % | ... | 1.75 | 1.75 | 11.7 | 14.1 | -9.72 | |||||||||||||||||||||
Net Profit Growth | % | ... | -0.395 | 2.98 | 8.07 | 15.7 | -10.0 | |||||||||||||||||||||
market share | ||||||||||||||||||||||||||||
Market Share in Revenues | % | ... | ... | ... | 18.7 | 18.7 | 18.9 | 20.8 | 19.5 | ... | ... | |||||||||||||||||
Market Share in Net Profit | % | ... | ... | ... | 21.6 | 21.1 | 20.6 | 23.3 | 19.3 | ... | ... | |||||||||||||||||
Market Share in Employees | % | ... | ... | ... | ... | 19.3 | 18.8 | 20.8 | 20.6 | 20.6 | ... | ... | ||||||||||||||||
Market Share in Branches | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | 14.4 | 14.6 | 14.6 | 13.9 | 12.0 | ... | ... |
balance sheet | Unit | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
balance sheet | ||||||||||||||||||||||||||||
Cash & Cash Equivalents | CZK mil | ... | ... | ... | 72,076 | 117,287 | 61,075 | 54,499 | 38,610 | |||||||||||||||||||
Interbank Loans | CZK mil | ... | ... | ... | 38,581 | 75,088 | 242,209 | 485,267 | 532,823 | |||||||||||||||||||
Customer Loans | CZK mil | 468,054 | 504,360 | 537,013 | 674,729 | 690,610 | ||||||||||||||||||||||
Retail Loans | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | 301,200 | 317,800 | 320,558 | 310,500 | 449,100 | ||||||||||||||
Mortgage Loans | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | 214,800 | 231,500 | 256,700 | 282,400 | 417,700 | ||||||||||||||
Consumer Loans | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | 86,400 | 86,300 | 63,858 | 28,100 | 31,400 | ||||||||||||||
Corporate Loans | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | 214,400 | 226,200 | 185,300 | 191,000 | 292,100 | ||||||||||||||
Investments | CZK mil | ... | ... | ... | 269,769 | 238,760 | 222,133 | 70,372 | 85,564 | |||||||||||||||||||
Property and Equipment | CZK mil | ... | ... | ... | ... | 6,796 | 7,662 | 10,009 | 11,024 | 16,125 | ||||||||||||||||||
Total Assets | CZK mil | 865,639 | 956,325 | 1,085,530 | 1,314,400 | 1,377,570 | ||||||||||||||||||||||
Shareholders' Equity | CZK mil | 85,580 | 90,719 | 88,735 | 92,456 | 91,546 | ||||||||||||||||||||||
Of Which Minority Interest | CZK mil | ... | ... | ... | ... | ... | 208 | 178 | 186 | 0 | 0 | ... | ||||||||||||||||
Liabilities | CZK mil | 780,059 | 865,606 | 996,792 | 1,221,940 | 1,286,020 | ||||||||||||||||||||||
Interbank Borrowing | CZK mil | ... | ... | ... | 59,065 | 23,786 | 32,598 | 68,502 | 54,653 | |||||||||||||||||||
Customer Deposits | CZK mil | 599,142 | 621,927 | 676,161 | 744,448 | 792,625 | ||||||||||||||||||||||
Issued Debt Securities | CZK mil | ... | ... | ... | 114,685 | 211,298 | 279,990 | 350,136 | 365,311 | |||||||||||||||||||
Other Liabilities | CZK mil | ... | ... | ... | 7,167 | 8,595 | 8,043 | 58,857 | 73,433 | |||||||||||||||||||
asset quality | ||||||||||||||||||||||||||||
Non-Performing Loans | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | 19,600 | 18,800 | 16,600 | 13,900 | 21,400 | |||||||||||||
Gross Loans | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | 468,054 | 504,360 | 547,078 | 682,829 | 700,390 | ||||||||||||||
Total Provisions | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | 11,185 | 10,959 | 9,000 | 8,100 | 9,780 | ||||||||||||||
growth rates | ||||||||||||||||||||||||||||
Customer Loan Growth | % | ... | 12.3 | 7.76 | 6.47 | 25.6 | 2.35 | |||||||||||||||||||||
Retail Loan Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | 9.89 | 5.51 | 0.868 | -3.14 | 44.6 | |||||||||||||
Mortgage Loan Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | 7.78 | 7.77 | 10.9 | 10.0 | 47.9 | |||||||||||||
Consumer Loan Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | 15.5 | -0.116 | -26.0 | -56.0 | 11.7 | |||||||||||||
Corporate Loan Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | 9.84 | 5.50 | -18.1 | 3.08 | 52.9 | |||||||||||||
Total Asset Growth | % | ... | -10.1 | 10.5 | 13.5 | 21.1 | 4.81 | |||||||||||||||||||||
Shareholders' Equity Growth | % | ... | 6.10 | 6.00 | -2.19 | 4.19 | -0.984 | |||||||||||||||||||||
Customer Deposit Growth | % | ... | 1.36 | 3.80 | 8.72 | 10.1 | 6.47 | |||||||||||||||||||||
market share | ||||||||||||||||||||||||||||
Market Share in Customer Loans | % | 17.8 | 18.1 | 18.2 | 21.9 | 20.9 | ||||||||||||||||||||||
Market Share in Corporate Loans | % | ... | ... | ... | ... | ... | ... | ... | ... | 24.5 | 24.6 | 19.0 | 18.7 | 27.0 | ||||||||||||||
Market Share in Retail Loans | % | ... | ... | ... | ... | ... | ... | ... | ... | 26.1 | 24.5 | 17.4 | 7.36 | 7.85 | ||||||||||||||
Market Share in Consumer Loans | % | ... | ... | ... | ... | ... | ... | ... | ... | 24.5 | 24.0 | 22.6 | 20.3 | 27.3 | ||||||||||||||
Market Share in Mortgage Loans | % | ... | ... | ... | ... | ... | ... | ... | ... | 23.9 | 23.8 | 24.4 | 24.6 | 33.5 | ||||||||||||||
Market Share in Total Assets | % | 16.1 | 17.2 | 18.0 | 18.6 | 18.8 | ||||||||||||||||||||||
Market Share in Customer Deposits | % | 17.4 | 17.7 | 17.9 | 17.9 | 17.8 |
ratios | Unit | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
ROE | % | ... | 16.4 | 15.9 | 16.9 | 19.3 | 17.1 | |||||||||||||||||||||
ROA | % | ... | 1.49 | 1.54 | 1.48 | 1.46 | 1.17 | |||||||||||||||||||||
Return on Loans | % | ... | 3.07 | 2.88 | 2.91 | 2.89 | 2.31 | |||||||||||||||||||||
operating profit (as % of rwa) | ||||||||||||||||||||||||||||
Costs (As % Of Assets) | % | ... | ... | ... | 1.64 | 1.72 | 1.53 | 1.35 | 1.32 | |||||||||||||||||||
Costs (As % Of Income) | % | ... | ... | ... | 47.6 | 48.2 | 46.0 | 43.7 | 47.9 | |||||||||||||||||||
Costs (As % Of Loans) | % | ... | ... | ... | 3.39 | 3.23 | 3.01 | 2.68 | 2.60 | |||||||||||||||||||
Costs (As % Of Loans & Deposits) | % | ... | ... | ... | 1.44 | 1.43 | 1.34 | 1.23 | 1.22 | |||||||||||||||||||
Capital Adequacy Ratio | % | 17.5 | 19.4 | 18.5 | 17.2 | 18.0 | ||||||||||||||||||||||
Tier 1 Ratio | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 17.2 | 19.1 | 18.2 | 17.2 | 18.0 | ||||||||
Net Interest Margin | % | ... | ... | ... | 2.50 | 2.45 | 2.18 | 1.89 | 1.93 | |||||||||||||||||||
Interest Spread | % | ... | ... | ... | 2.46 | 2.41 | 2.15 | 1.87 | 1.89 | |||||||||||||||||||
Asset Yield | % | ... | ... | ... | 2.94 | 2.81 | 2.45 | 2.16 | 2.51 | |||||||||||||||||||
revenues (as % of rwa) | ||||||||||||||||||||||||||||
Cost Of Liabilities | % | ... | ... | ... | 0.478 | 0.398 | 0.302 | 0.296 | 0.618 | |||||||||||||||||||
Interest Income (As % Of Revenues) | % | ... | ... | ... | 72.7 | 68.5 | 65.3 | 61.0 | 70.1 | |||||||||||||||||||
Fee Income (As % Of Revenues) | % | ... | ... | ... | 19.0 | 19.6 | 18.3 | 17.2 | 21.6 | |||||||||||||||||||
Other Income (As % Of Revenues) | % | ... | ... | ... | 8.24 | 11.8 | 16.4 | 21.8 | 8.26 | |||||||||||||||||||
Staff Cost (As % Of Total Cost) | % | ... | ... | ... | 45.9 | 44.7 | 48.0 | 48.7 | 49.0 | |||||||||||||||||||
Equity (As % Of Assets) | % | 9.89 | 9.49 | 8.17 | 7.03 | 6.65 | ||||||||||||||||||||||
Equity (As % Of Loans) | % | 18.3 | 18.0 | 16.5 | 13.7 | 13.3 | ||||||||||||||||||||||
Loans (As % Of Deposits) | % | 78.1 | 81.1 | 79.4 | 90.6 | 87.1 | ||||||||||||||||||||||
Loans (As % Assets) | % | 54.1 | 52.7 | 49.5 | 51.3 | 50.1 | ||||||||||||||||||||||
NPLs (As % Of Loans) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | 4.19 | 3.73 | 3.03 | 2.04 | 3.06 | |||||||||||||
Provisions (As % Of NPLs) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | 57.1 | 58.3 | 54.2 | 58.3 | 45.7 | |||||||||||||
Provisions (As % Of Loans) | % | ... | ... | ... | ... | ... | ... | ... | ... | 2.39 | 2.17 | 1.68 | 1.20 | 1.42 | ||||||||||||||
Cost of Provisions (As % Of Loans) | % | ... | ... | ... | 0.220 | 0.222 | 0.136 | 0.101 | 0.144 |
other data | Unit | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
Branches | ... | ... | ... | ... | ... | ... | ... | ... | ... | 319 | 316 | 298 | 270 | 235 | ||||||||||||||
ATMs | ... | ... | ... | ... | ... | ... | ... | ... | 1,047 | 1,062 | 1,062 | 1,070 | 1,063 | |||||||||||||||
ATMs (As % of Bank Branches) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | 328 | 336 | 356 | 396 | 452 | |||||||||||||
Employees | ... | ... | ... | ... | 7,775 | 7,754 | 8,517 | 8,615 | 8,623 | |||||||||||||||||||
Employees Per Bank Branch | ... | ... | ... | ... | ... | ... | ... | ... | ... | 24.4 | 24.5 | 28.6 | 31.9 | 36.7 | ||||||||||||||
Cost Per Employee | USD per month | ... | ... | ... | ... | 3,450 | 3,155 | 2,912 | 3,265 | 3,847 | ||||||||||||||||||
Cost Per Employee (Local Currency) | CZK per month | ... | ... | ... | ... | 73,741 | 75,305 | 73,481 | 76,610 | 84,164 |
customer breakdown | Unit | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
Customers | mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | 2.86 | 2.83 | 2.83 | 2.77 | 4.30 | |||||||||||||
Number of Mortgages | mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 0.170 | 0.181 | 0.190 | 0.203 | 0.288 | |||
Average Size of Mortgage Loan | CZK | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 1,266,000 | 1,282,000 | 1,352,000 | 1,393,000 | 1,451,000 | |||
Mortgages (As % of Total Clients) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 5.94 | 6.38 | 6.71 | 7.32 | 6.69 | |||
Revenue per Customer (Local Currency) | CZK | ... | ... | ... | ... | ... | ... | ... | ... | ... | 11,013 | 11,495 | 12,025 | 13,429 | 8,628 | |||||||||||||
Net Profit per Customer (Local Currency) | CZK | ... | ... | ... | ... | ... | ... | ... | ... | ... | 4,765 | 4,949 | 5,348 | 6,324 | 3,664 | |||||||||||||
Loan per Customer (Local Currency) | CZK | ... | ... | ... | ... | ... | ... | ... | ... | ... | 163,942 | 178,156 | 189,690 | 243,584 | 160,607 | |||||||||||||
Deposit per Customer (Local Currency) | CZK | ... | ... | ... | ... | ... | ... | ... | ... | ... | 209,857 | 219,685 | 238,842 | 268,754 | 184,331 | |||||||||||||
Revenue per Customer | USD | ... | ... | ... | ... | ... | ... | ... | ... | ... | 515 | 482 | 477 | 572 | 394 | |||||||||||||
Net Profit per Customer | USD | ... | ... | ... | ... | ... | ... | ... | ... | ... | 223 | 207 | 212 | 269 | 167 | |||||||||||||
Loan per Customer | USD | ... | ... | ... | ... | ... | ... | ... | ... | ... | 7,155 | 7,177 | 7,399 | 11,441 | 7,149 | |||||||||||||
Deposit per Customer | USD | ... | ... | ... | ... | ... | ... | ... | ... | ... | 9,158 | 8,850 | 9,316 | 12,623 | 8,205 |
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By Helgi Analytics - February 15, 2021
CSOB's customer loans reached CZK 934,195 mil in 2020-12-31, up 1.50% compared to the previous year. Czech banking sector provided customer loans of CZK 3,596 bil in 2020-12-31, down 0.651% when compared to the last year. CSOB accounted for 26.0% of all c...
By Helgi Analytics - March 25, 2021
CSOB's non-performing loans reached 2.00% of total loans at the end of 2020-12-31, down from 2.18% compared to the previous year. Historically, the NPL ratio hit an all time high of 5.13% in 2013-06-30 and an all time low of 1.58% in 2006-06-30. Provision c...
By Helgi Analytics - February 15, 2021
CSOB's capital adequacy ratio reached 24.2% at the end of fourth quarter of 2020, up from 23.2% when compared to the previous quarter. Historically, the bank’s capital ratio hit an all time high of 24.2% in 4Q2020 and an all time low of 9.43% in 2Q2008. The T...
By Helgi Analytics - February 15, 2021
CSOB employed 8,349 persons in 2020-12-31, down 0.714% compared to the previous year. Historically, the bank's workforce hit an all time high of 8,779 persons in 2018-06-30 and an all time low of 6,750 in 2006-12-31. The bank operated a network of 212 bran...
By Helgi Analytics - February 15, 2021
CSOB's retail loans reached CZK 492,279 mil in the fourth quarter of 2020, up 0.994% compared to the previous year. Czech banking sector provided retail loans of CZK 1,859 bil in 4Q2020, up 1.85% when compared to the last year. CSOB accounted for 26.5% of...
By Helgi Analytics - March 25, 2021
CSOB made a net profit of CZK 2,169 mil in the fourth quarter of 2020, down 56.3% when compared to the same period of last year. This implies a return on equity of 8.18%. Historically, the bank’s net profit reached an all time high of CZK 8,180 mil in 4Q2009 and ...
By Helgi Analytics - March 25, 2021
CSOB's loans reached CZK 943,410 mil in the fourth quarter of 2020, up from CZK 929,105 mil when compared to the previous quarter and up from CZK 846,768 mil when compared to the same period of last year. Historically, the bank’s loans reached an al...
By Helgi Analytics - February 15, 2021
CSOB made a net profit of CZK 2,169 mil under revenues of CZK 8,152 mil in the fourth quarter of 2020, down 56.3% and 26.2% respectively when compared to the same period last year. Historically, the bank’s net profit reached an all time high of CZK 8,180 mil ...
By Helgi Analytics - February 15, 2021
CSOB's cost to income ratio reached 60.6% in the fourth quarter of 2020, up from 54.2% when compared to the previous quarter. Historically, the bank’s costs reached an all time high of 433% of income in 3Q2008 and an all time low of 24.9% in 4Q2009. Wh...
By Helgi Analytics - February 15, 2021
CSOB's consumer loans reached CZK 34,117 mil in 2020-12-31, down 1.22% compared to the previous year. Czech banking sector provided consumer loans of CZK 423 bil in 2020-12-31, up 0.348% when compared to the last year. CSOB accounted for 8.07% of all cons...
CSOB is the largest financial Group in the Czech Republic with approximately a fifth of the market in assets, loans or deposits. Following its takeover of bankrupt IPB in 2000, the Bank serves now more than 3.6 million retail clients through a network of 200 branches, over 1,000 ATMs or 2,600 outlets if the network of the Czech Post Office is included. At the end of 2018, the Group employed over 8,000 people in the Czech Republic and Slovakia. The bank was privatized in 1999, when Belgium’s KBC became the majority owner (and sole owner in 2007). . The bank is particularly strong in the area of housing loans. Through its subsidiaries Hypoteční Banka and CMSS, ČSOB now controls a quarter of mortgage and building society loans. We estimate that mortgage lending generate over 20% of ČSOB's profit.
CSOB has been growing its revenues and asset by 0.658% and 7.09% a year on average in the last 10 years. Its loans and deposits have grown by 8.80% and 6.08% a year during that time and loans to deposits ratio reached 86.9% at the end of 2020. The company achieved an average return on equity of 17.2% in the last decade with net profit growing -4.51% a year on average. In terms of operating efficiency, its cost to income ratio reached 54.6% in 2020, compared to 47.3% average in the last decade.
Equity represented 6.09% of total assets or 11.5% of loans at the end of 2020. CSOB's non-performing loans were 2.00% of total loans while provisions covered some 48.7% of NPLs at the end of 2020.