By Helgi Analytics - November 11, 2022
CSOB's customer deposits reached CZK 1,399,570 mil in 2022-06-30, up 3.40% compared to the previous year. Czech banking sector ...
By Helgi Analytics - November 11, 2022
CSOB's customer loans reached CZK 1,074,610 mil in 2022-06-30, up 2.06% compared to the previous year. Czech banking sector pro...
By Helgi Analytics - November 11, 2022
CSOB's non-performing loans reached 1.36% of total loans at the end of 2022-09-30, down from 1.73% compared to the previous year....
Profit Statement | 2019 | 2020 | 2021 | |
Net Interest Income | CZK mil | 32,004 | 26,102 | 24,310 |
Net Fee Income | CZK mil | 8,518 | 7,591 | 7,828 |
Other Income | CZK mil | 1,882 | 1,558 | 3,586 |
Total Revenues | CZK mil | 42,404 | 35,251 | 35,724 |
Staff Cost | CZK mil | 9,333 | 9,254 | 9,512 |
Operating Profit | CZK mil | 23,370 | 15,999 | 15,890 |
Provisions | CZK mil | 403 | 5,926 | -3,253 |
Net Profit | CZK mil | 19,691 | 8,488 | 16,160 |
Balance Sheet | 2019 | 2020 | 2021 | |
Interbank Loans | CZK mil | 621,193 | 645,747 | 609,796 |
Customer Loans | CZK mil | 838,018 | 934,195 | 1,014,860 |
Investments | CZK mil | 88,519 | 99,420 | 110,241 |
Total Assets | CZK mil | 1,630,600 | 1,756,440 | 1,805,480 |
Shareholders' Equity | CZK mil | 98,208 | 106,992 | 117,378 |
Interbank Borrowing | CZK mil | 47,346 | 57,422 | 25,057 |
Customer Deposits | CZK mil | 959,951 | 1,075,140 | 1,156,900 |
Issued Debt Securities | CZK mil | 415,818 | 425,293 | 421,603 |
Ratios | 2019 | 2020 | 2021 | |
ROE | % | 20.8 | 8.27 | 14.4 |
ROA | % | 1.31 | 0.501 | 0.907 |
Costs (As % Of Assets) | % | 1.27 | 1.14 | 1.11 |
Costs (As % Of Income) | % | 44.9 | 54.6 | 55.5 |
Capital Adequacy Ratio | % | 19.2 | 24.2 | 22.7 |
Net Interest Margin | % | 2.13 | 1.54 | 1.36 |
Loans (As % Of Deposits) | % | 87.3 | 86.9 | 87.7 |
NPLs (As % Of Loans) | % | 2.18 | 2.00 | 1.57 |
Provisions (As % Of NPLs) | % | 47.3 | 48.7 | 49.4 |
Growth Rates | 2019 | 2020 | 2021 | |
Total Revenue Growth | % | 14.3 | -16.9 | 1.34 |
Operating Cost Growth | % | 7.12 | 1.15 | 3.02 |
Operating Profit Growth | % | 20.9 | -31.5 | -0.681 |
Net Profit Growth | % | 25.0 | -56.9 | 90.4 |
Customer Loan Growth | % | 21.3 | 11.5 | 8.63 |
Total Asset Growth | % | 18.4 | 7.72 | 2.79 |
Customer Deposit Growth | % | 21.1 | 12.0 | 7.60 |
Shareholders' Equity Growth | % | 7.28 | 8.94 | 9.71 |
Employees | 8,626 | 8,349 | 8,089 |
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 | 2021 |
income statement | |||||||||||||||||||||||||||||
Net Interest Income | CZK mil | ... | ... | ... | 22,303 | 22,235 | 22,692 | 26,016 | 32,004 | ||||||||||||||||||||
Total Revenues | CZK mil | ... | ... | ... | 32,542 | 34,043 | 37,199 | 37,102 | 42,404 | ||||||||||||||||||||
Operating Profit | CZK mil | ... | ... | ... | 16,855 | 18,392 | 20,947 | 19,333 | 23,370 | ||||||||||||||||||||
Net Profit | CZK mil | 14,010 | 15,141 | 17,517 | 15,757 | 19,691 | |||||||||||||||||||||||
balance sheet | |||||||||||||||||||||||||||||
Interbank Loans | CZK mil | ... | ... | ... | 75,088 | 242,209 | 485,267 | 532,823 | 621,193 | ||||||||||||||||||||
Customer Loans | CZK mil | 504,360 | 537,013 | 674,729 | 690,610 | 838,018 | |||||||||||||||||||||||
Investments | CZK mil | ... | ... | ... | 238,760 | 222,133 | 70,372 | 85,564 | 88,519 | ||||||||||||||||||||
Total Assets | CZK mil | 956,325 | 1,085,530 | 1,314,400 | 1,377,570 | 1,630,600 | |||||||||||||||||||||||
Shareholders' Equity | CZK mil | 90,719 | 88,735 | 92,456 | 91,546 | 98,208 | |||||||||||||||||||||||
Interbank Borrowing | CZK mil | ... | ... | ... | 23,786 | 32,598 | 68,502 | 54,653 | 47,346 | ||||||||||||||||||||
Customer Deposits | CZK mil | 621,927 | 676,161 | 744,448 | 792,625 | 959,951 | |||||||||||||||||||||||
Issued Debt Securities | CZK mil | ... | ... | ... | 211,298 | 279,990 | 350,136 | 365,311 | 415,818 | ||||||||||||||||||||
ratios | |||||||||||||||||||||||||||||
ROE | % | ... | 15.9 | 16.9 | 19.3 | 17.1 | 20.8 | ||||||||||||||||||||||
ROA | % | ... | 1.54 | 1.48 | 1.46 | 1.17 | 1.31 | ||||||||||||||||||||||
Costs (As % Of Assets) | % | ... | ... | ... | 1.72 | 1.53 | 1.35 | 1.32 | 1.27 | ||||||||||||||||||||
Costs (As % Of Income) | % | ... | ... | ... | 48.2 | 46.0 | 43.7 | 47.9 | 44.9 | ||||||||||||||||||||
Capital Adequacy Ratio | % | 19.4 | 18.5 | 17.2 | 18.0 | 19.2 | |||||||||||||||||||||||
Net Interest Margin | % | ... | ... | ... | 2.45 | 2.18 | 1.89 | 1.93 | 2.13 | ||||||||||||||||||||
Interest Income (As % Of Revenues) | % | ... | ... | ... | 68.5 | 65.3 | 61.0 | 70.1 | 75.5 | ||||||||||||||||||||
Fee Income (As % Of Revenues) | % | ... | ... | ... | 19.6 | 18.3 | 17.2 | 21.6 | 20.1 | ||||||||||||||||||||
Staff Cost (As % Of Total Cost) | % | ... | ... | ... | 44.7 | 48.0 | 48.7 | 49.0 | 49.0 | ||||||||||||||||||||
Equity (As % Of Assets) | % | 9.49 | 8.17 | 7.03 | 6.65 | 6.02 | |||||||||||||||||||||||
Loans (As % Of Deposits) | % | 81.1 | 79.4 | 90.6 | 87.1 | 87.3 | |||||||||||||||||||||||
Loans (As % Assets) | % | 52.7 | 49.5 | 51.3 | 50.1 | 51.4 | |||||||||||||||||||||||
NPLs (As % Of Loans) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | 3.73 | 3.03 | 2.04 | 3.06 | 2.18 | ||||||||||||||
Provisions (As % Of NPLs) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | 58.3 | 54.2 | 58.3 | 45.7 | 47.3 |
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 | 2021 |
income statement | |||||||||||||||||||||||||||||
Interest Income | CZK mil | ... | ... | ... | 25,580 | 25,043 | 25,979 | 33,764 | 46,820 | ||||||||||||||||||||
Interest Cost | CZK mil | ... | ... | ... | 3,277 | 2,808 | 3,287 | 7,748 | 14,816 | ||||||||||||||||||||
Net Interest Income | CZK mil | ... | ... | ... | 22,303 | 22,235 | 22,692 | 26,016 | 32,004 | ||||||||||||||||||||
Net Fee Income | CZK mil | ... | ... | ... | 6,391 | 6,218 | 6,396 | 8,022 | 8,518 | ||||||||||||||||||||
Fee Income | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | |
Fee Expense | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | |
Other Income | CZK mil | ... | ... | ... | 3,848 | 5,590 | 8,111 | 3,064 | 1,882 | ||||||||||||||||||||
Total Revenues | CZK mil | ... | ... | ... | 32,542 | 34,043 | 37,199 | 37,102 | 42,404 | ||||||||||||||||||||
Staff Cost | CZK mil | ... | ... | ... | 7,007 | 7,510 | 7,920 | 8,709 | 9,333 | ||||||||||||||||||||
Depreciation | CZK mil | ... | ... | ... | 617 | 1,268 | 1,380 | 1,455 | 2,256 | ||||||||||||||||||||
Other Cost | CZK mil | ... | ... | ... | 8,063 | 6,873 | 6,952 | 7,605 | 7,445 | ||||||||||||||||||||
Operating Cost | CZK mil | ... | ... | ... | 15,687 | 15,651 | 16,252 | 17,769 | 19,034 | ||||||||||||||||||||
Operating Profit | CZK mil | ... | ... | ... | 16,855 | 18,392 | 20,947 | 19,333 | 23,370 | ||||||||||||||||||||
Provisions | CZK mil | ... | ... | ... | 1,081 | 708 | 615 | 983 | 403 | ||||||||||||||||||||
Extra and Other Cost | CZK mil | ... | ... | ... | -687 | -696 | -637 | -581 | -218 | ||||||||||||||||||||
Pre-Tax Profit | CZK mil | 16,461 | 18,380 | 20,969 | 18,931 | 23,185 | |||||||||||||||||||||||
Tax | CZK mil | 2,472 | 3,232 | 3,453 | 3,174 | 3,494 | |||||||||||||||||||||||
Minorities | CZK mil | -21.0 | 7.00 | -1.00 | 0 | 0 | |||||||||||||||||||||||
Net Profit | CZK mil | 14,010 | 15,141 | 17,517 | 15,757 | 19,691 | |||||||||||||||||||||||
Net Profit Avail. to Common | CZK mil | 14,010 | 15,141 | 17,517 | 15,757 | 19,691 | |||||||||||||||||||||||
growth rates | |||||||||||||||||||||||||||||
Net Interest Income Growth | % | ... | ... | ... | ... | -2.49 | -0.305 | 2.06 | 14.6 | 23.0 | |||||||||||||||||||
Net Fee Income Growth | % | ... | ... | ... | ... | 6.89 | -2.71 | 2.86 | 25.4 | 6.18 | |||||||||||||||||||
Total Revenue Growth | % | ... | ... | ... | ... | 3.50 | 4.61 | 9.27 | -0.261 | 14.3 | |||||||||||||||||||
Operating Cost Growth | % | ... | ... | ... | ... | 4.71 | -0.229 | 3.84 | 9.33 | 7.12 | |||||||||||||||||||
Operating Profit Growth | % | ... | ... | ... | ... | 2.39 | 9.12 | 13.9 | -7.70 | 20.9 | |||||||||||||||||||
Pre-Tax Profit Growth | % | ... | 1.75 | 11.7 | 14.1 | -9.72 | 22.5 | ||||||||||||||||||||||
Net Profit Growth | % | ... | 2.98 | 8.07 | 15.7 | -10.0 | 25.0 | ||||||||||||||||||||||
market share | |||||||||||||||||||||||||||||
Market Share in Revenues | % | ... | ... | ... | 18.7 | 18.9 | 20.8 | 19.5 | 21.0 | ... | |||||||||||||||||||
Market Share in Net Profit | % | ... | ... | ... | 21.1 | 20.5 | 23.2 | 19.3 | 21.6 | ... | |||||||||||||||||||
Market Share in Employees | % | ... | ... | ... | ... | 18.8 | 20.8 | 20.6 | 20.6 | 20.7 | ... | ||||||||||||||||||
Market Share in Branches | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | 14.6 | 14.6 | 13.9 | 12.0 | 11.9 | ... |
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 | 2021 |
balance sheet | |||||||||||||||||||||||||||||
Cash & Cash Equivalents | CZK mil | ... | ... | ... | 117,287 | 61,075 | 54,499 | 38,610 | 47,725 | ||||||||||||||||||||
Interbank Loans | CZK mil | ... | ... | ... | 75,088 | 242,209 | 485,267 | 532,823 | 621,193 | ||||||||||||||||||||
Customer Loans | CZK mil | 504,360 | 537,013 | 674,729 | 690,610 | 838,018 | |||||||||||||||||||||||
Retail Loans | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | 317,800 | 320,558 | 310,500 | 449,100 | 471,000 | |||||||||||||||
Mortgage Loans | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | 231,500 | 256,700 | 282,400 | 417,700 | 437,200 | |||||||||||||||
Consumer Loans | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | 86,300 | 63,858 | 28,100 | 31,400 | 33,800 | |||||||||||||||
Corporate Loans | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | 226,200 | 185,300 | 191,000 | 292,100 | 309,700 | |||||||||||||||
Investments | CZK mil | ... | ... | ... | 238,760 | 222,133 | 70,372 | 85,564 | 88,519 | ||||||||||||||||||||
Property and Equipment | CZK mil | ... | ... | ... | ... | 7,662 | 10,009 | 11,024 | 10,355 | 14,417 | |||||||||||||||||||
Intangible Assets | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 5,816 | 5,770 | 10,918 | ||
Total Assets | CZK mil | 956,325 | 1,085,530 | 1,314,400 | 1,377,570 | 1,630,600 | |||||||||||||||||||||||
Shareholders' Equity | CZK mil | 90,719 | 88,735 | 92,456 | 91,546 | 98,208 | |||||||||||||||||||||||
Of Which Minority Interest | CZK mil | ... | ... | ... | ... | ... | 178 | 186 | 0 | 0 | 0 | ||||||||||||||||||
Liabilities | CZK mil | 865,606 | 996,792 | 1,221,940 | 1,286,020 | 1,532,390 | |||||||||||||||||||||||
Interbank Borrowing | CZK mil | ... | ... | ... | 23,786 | 32,598 | 68,502 | 54,653 | 47,346 | ||||||||||||||||||||
Customer Deposits | CZK mil | 621,927 | 676,161 | 744,448 | 792,625 | 959,951 | |||||||||||||||||||||||
Sight Deposits | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||
Term Deposits | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||
Issued Debt Securities | CZK mil | ... | ... | ... | 211,298 | 279,990 | 350,136 | 365,311 | 415,818 | ||||||||||||||||||||
Subordinated Debt | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | |
Other Liabilities | CZK mil | ... | ... | ... | 8,595 | 8,043 | 58,857 | 73,433 | 109,274 | ||||||||||||||||||||
asset quality | |||||||||||||||||||||||||||||
Non-Performing Loans | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | 18,800 | 16,600 | 13,900 | 21,400 | 18,500 | ||||||||||||||
Gross Loans | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | 504,360 | 547,078 | 682,829 | 700,390 | 846,768 | |||||||||||||||
Risk-Weighted Assets | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 370,476 | 380,293 | 403,151 | 383,254 | 391,461 | |||||
Total Provisions | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | 10,959 | 9,000 | 8,100 | 9,780 | 8,751 | |||||||||||||||
growth rates | |||||||||||||||||||||||||||||
Customer Loan Growth | % | ... | 7.76 | 6.47 | 25.6 | 2.35 | 21.3 | ||||||||||||||||||||||
Retail Loan Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | 5.51 | 0.868 | -3.14 | 44.6 | 4.88 | ||||||||||||||
Mortgage Loan Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | 7.77 | 10.9 | 10.0 | 47.9 | 4.67 | ||||||||||||||
Consumer Loan Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | -0.116 | -26.0 | -56.0 | 11.7 | 7.64 | ||||||||||||||
Corporate Loan Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | 5.50 | -18.1 | 3.08 | 52.9 | 6.03 | ||||||||||||||
Total Asset Growth | % | ... | 10.5 | 13.5 | 21.1 | 4.81 | 18.4 | ||||||||||||||||||||||
Shareholders' Equity Growth | % | ... | 6.00 | -2.19 | 4.19 | -0.984 | 7.28 | ||||||||||||||||||||||
Customer Deposit Growth | % | ... | 3.80 | 8.72 | 10.1 | 6.47 | 21.1 | ||||||||||||||||||||||
market share | |||||||||||||||||||||||||||||
Market Share in Customer Loans | % | 18.1 | 18.2 | 21.9 | 20.9 | 24.3 | |||||||||||||||||||||||
Market Share in Corporate Loans | % | ... | ... | ... | ... | ... | ... | ... | ... | 24.6 | 19.0 | 18.7 | 27.0 | 27.7 | |||||||||||||||
Market Share in Retail Loans | % | ... | ... | ... | ... | ... | ... | ... | ... | 24.5 | 17.4 | 7.36 | 7.85 | 8.14 | |||||||||||||||
Market Share in Consumer Loans | % | ... | ... | ... | ... | ... | ... | ... | ... | 24.0 | 22.6 | 20.3 | 27.3 | 27.0 | |||||||||||||||
Market Share in Mortgage Loans | % | ... | ... | ... | ... | ... | ... | ... | ... | 23.8 | 24.4 | 24.6 | 33.5 | 32.9 | |||||||||||||||
Market Share in Total Assets | % | 17.2 | 18.0 | 18.6 | 18.8 | 21.6 | |||||||||||||||||||||||
Market Share in Customer Deposits | % | 17.7 | 17.9 | 17.9 | 17.8 | 20.3 |
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 | 2021 |
ROE | % | ... | 15.9 | 16.9 | 19.3 | 17.1 | 20.8 | ||||||||||||||||||||||
ROTE | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 18.3 | 22.8 | ||
ROE (@ 15% of RWA) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 24.3 | 26.9 | 29.8 | 26.7 | 33.9 | ||||
ROA | % | ... | 1.54 | 1.48 | 1.46 | 1.17 | 1.31 | ||||||||||||||||||||||
Return on Loans | % | ... | 2.88 | 2.91 | 2.89 | 2.31 | 2.58 | ||||||||||||||||||||||
Operating Profit (As % of RWA) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 4.39 | 4.90 | 5.35 | 4.92 | 6.03 | ||||
Costs (As % Of Assets) | % | ... | ... | ... | 1.72 | 1.53 | 1.35 | 1.32 | 1.27 | ||||||||||||||||||||
Costs (As % Of Income) | % | ... | ... | ... | 48.2 | 46.0 | 43.7 | 47.9 | 44.9 | ||||||||||||||||||||
Costs (As % Of Loans) | % | ... | ... | ... | 3.23 | 3.01 | 2.68 | 2.60 | 2.49 | ||||||||||||||||||||
Costs (As % Of Loans & Deposits) | % | ... | ... | ... | 1.43 | 1.34 | 1.23 | 1.22 | 1.16 | ||||||||||||||||||||
Capital Adequacy Ratio | % | 19.4 | 18.5 | 17.2 | 18.0 | 19.2 | |||||||||||||||||||||||
Tier 1 Ratio | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 19.1 | 18.2 | 17.2 | 18.0 | 19.2 | |||||||||
Net Interest Margin | % | ... | ... | ... | 2.45 | 2.18 | 1.89 | 1.93 | 2.13 | ||||||||||||||||||||
Interest Spread | % | ... | ... | ... | 2.41 | 2.15 | 1.87 | 1.89 | 2.06 | ||||||||||||||||||||
Asset Yield | % | ... | ... | ... | 2.81 | 2.45 | 2.16 | 2.51 | 3.11 | ||||||||||||||||||||
Revenues (As % of RWA) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 8.47 | 9.07 | 9.50 | 9.44 | 10.9 | ||||
Cost Of Liabilities | % | ... | ... | ... | 0.398 | 0.302 | 0.296 | 0.618 | 1.05 | ||||||||||||||||||||
Interest Income (As % Of Revenues) | % | ... | ... | ... | 68.5 | 65.3 | 61.0 | 70.1 | 75.5 | ||||||||||||||||||||
Fee Income (As % Of Revenues) | % | ... | ... | ... | 19.6 | 18.3 | 17.2 | 21.6 | 20.1 | ||||||||||||||||||||
Other Income (As % Of Revenues) | % | ... | ... | ... | 11.8 | 16.4 | 21.8 | 8.26 | 4.44 | ||||||||||||||||||||
Staff Cost (As % Of Total Cost) | % | ... | ... | ... | 44.7 | 48.0 | 48.7 | 49.0 | 49.0 | ||||||||||||||||||||
Equity (As % Of Assets) | % | 9.49 | 8.17 | 7.03 | 6.65 | 6.02 | |||||||||||||||||||||||
Equity (As % Of Loans) | % | 18.0 | 16.5 | 13.7 | 13.3 | 11.7 | |||||||||||||||||||||||
Loans (As % Of Deposits) | % | 81.1 | 79.4 | 90.6 | 87.1 | 87.3 | |||||||||||||||||||||||
Loans (As % Assets) | % | 52.7 | 49.5 | 51.3 | 50.1 | 51.4 | |||||||||||||||||||||||
NPLs (As % Of Loans) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | 3.73 | 3.03 | 2.04 | 3.06 | 2.18 | ||||||||||||||
Provisions (As % Of NPLs) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | 58.3 | 54.2 | 58.3 | 45.7 | 47.3 | ||||||||||||||
Provisions (As % Of Loans) | % | ... | ... | ... | ... | ... | ... | ... | ... | 2.17 | 1.68 | 1.20 | 1.42 | 1.04 | |||||||||||||||
Cost of Provisions (As % Of Loans) | % | ... | ... | ... | 0.222 | 0.136 | 0.101 | 0.144 | 0.053 |
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 | 2021 |
Branches | ... | ... | ... | ... | ... | ... | ... | ... | ... | 316 | 298 | 270 | 235 | 225 | |||||||||||||||
ATMs | ... | ... | ... | ... | ... | ... | ... | ... | 1,062 | 1,062 | 1,070 | 1,063 | 1,068 | ||||||||||||||||
ATMs (As % of Bank Branches) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | 336 | 356 | 396 | 452 | 475 | ||||||||||||||
Employees | ... | ... | ... | ... | 7,754 | 8,517 | 8,615 | 8,623 | 8,626 | ||||||||||||||||||||
Employees Per Bank Branch | ... | ... | ... | ... | ... | ... | ... | ... | ... | 24.5 | 28.6 | 31.9 | 36.7 | 38.3 | |||||||||||||||
Cost Per Employee | USD per month | ... | ... | ... | ... | 3,155 | 2,912 | 3,265 | 3,847 | 4,000 | |||||||||||||||||||
Cost Per Employee (Local Currency) | CZK per month | ... | ... | ... | ... | 75,305 | 73,481 | 76,610 | 84,164 | 90,164 |
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 | 2021 |
Customers | mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | 2.83 | 2.83 | 2.77 | 4.30 | 4.24 | ||||||||||||||
Number of Mortgages | mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 0.181 | 0.190 | 0.203 | 0.288 | 0.303 | ... | |||
Average Size of Mortgage Loan | CZK | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 1,282,000 | 1,352,000 | 1,393,000 | 1,451,000 | 1,444,000 | ... | |||
Mortgages (As % of Total Clients) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 6.38 | 6.71 | 7.32 | 6.69 | 7.14 | ... | |||
Revenue per Customer (Local Currency) | CZK | ... | ... | ... | ... | ... | ... | ... | ... | ... | 11,495 | 12,025 | 13,429 | 8,628 | 10,001 | ||||||||||||||
Net Profit per Customer (Local Currency) | CZK | ... | ... | ... | ... | ... | ... | ... | ... | ... | 4,949 | 5,348 | 6,324 | 3,664 | 4,644 | ||||||||||||||
Loan per Customer (Local Currency) | CZK | ... | ... | ... | ... | ... | ... | ... | ... | ... | 178,156 | 189,690 | 243,584 | 160,607 | 197,646 | ||||||||||||||
Deposit per Customer (Local Currency) | CZK | ... | ... | ... | ... | ... | ... | ... | ... | ... | 219,685 | 238,842 | 268,754 | 184,331 | 226,404 | ||||||||||||||
Revenue per Customer | USD | ... | ... | ... | ... | ... | ... | ... | ... | ... | 482 | 477 | 572 | 394 | 444 | ||||||||||||||
Net Profit per Customer | USD | ... | ... | ... | ... | ... | ... | ... | ... | ... | 207 | 212 | 269 | 167 | 206 | ||||||||||||||
Loan per Customer | USD | ... | ... | ... | ... | ... | ... | ... | ... | ... | 7,177 | 7,399 | 11,441 | 7,149 | 8,737 | ||||||||||||||
Deposit per Customer | USD | ... | ... | ... | ... | ... | ... | ... | ... | ... | 8,850 | 9,316 | 12,623 | 8,205 | 10,009 |
Get all company financials in excel:
By Helgi Analytics - November 11, 2022
CSOB's retail loans reached CZK 536,403 mil in the second quarter of 2022, up 1.17% compared to the previous year. Czech banking sector provided retail loans of CZK 2,100 bil in 2Q2022, up 0.711% when compared to the last year. CSOB accounted for 25.6% of...
By Helgi Analytics - September 30, 2022
CSOB's mortgage loans reached CZK 500,147 mil in 2022-06-30, up 1.11% compared to the previous year. Czech banking sector provided mortgage loans of CZK 1,638 bil in 2022-06-30, up 0.673% when compared to the last year. CSOB accounted for 30.5% of all mor...
By Helgi Analytics - March 3, 2023
Mortgage loans grew 0% yoy in the last 12 months and were up 0% qoq in the last quarter. ERROR: Division by zero ERROR: Division by zero ERROR: Division by zero At the end of September, mortgages formed NAN% of total loans and of GDP. Overall, CSOB w...
By Helgi Analytics - November 11, 2022
CSOB's net interest margin amounted to 1.50% in the third quarter of 2022, up from 1.48% when compared to the previous quarter. Historically, the bank’s net interest margin reached an all time high of 2.86% in 2Q2010 and an all time low of 1.11% in 2Q20...
By Helgi Analytics - November 11, 2022
CSOB generated total banking revenues of CZK 11,437 mil in 2022-06-30, down 3.91% compared to the previous year. Czech banking sector banking sector generated total revenues of CZK 58,487 mil in 2022-06-30, down 1.22% when compared to the last year. ...
By Helgi Analytics - November 11, 2022
CSOB's loans reached CZK 1,123,930 mil in the third quarter of 2022, up from CZK 1,085,350 mil when compared to the previous quarter and up from CZK 983,713 mil when compared to the same period of last year. Historically, the bank’s loans reached an...
By Helgi Analytics - November 11, 2022
CSOB employed 8,034 persons in 2022-09-30, down 0.112% 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 202 bran...
By Helgi Analytics - March 3, 2023
banks reported a net profit of in the third quarter of 2022, up 0% when compared to previous year. This implies ROE of in 3Q2022. ERROR: Division by zero ERROR: Division by zero In the last twelve months, profits yoy to 0 and ROE reached ...
By Helgi Analytics - November 11, 2022
CSOB made a net profit of CZK 4,241 mil in the third quarter of 2022, down 14.5% when compared to the same period of last year. This implies a return on equity of 17.3%. Historically, the bank’s net profit reached an all time high of CZK 8,180 mil in 4Q2009 and a...
By Helgi Analytics - November 11, 2022
CSOB made a net profit of CZK 4,241 mil under revenues of CZK 10,665 mil in the third quarter of 2022, down 14.5% and up 17.5% respectively when compared to the same period last year. Historically, the bank’s net profit reached an all time high of CZK...
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 0.620% and 6.78% a year on average in the last 10 years. Its loans and deposits have grown by 8.69% and 6.57% a year during that time and loans to deposits ratio reached 87.7% at the end of 2021. The company achieved an average return on equity of 16.9% in the last decade with net profit growing 3.73% a year on average. In terms of operating efficiency, its cost to income ratio reached 55.5% in 2021, compared to 48.2% average in the last decade.
Equity represented 6.50% of total assets or 11.6% of loans at the end of 2021. CSOB's non-performing loans were 1.57% of total loans while provisions covered some 49.4% of NPLs at the end of 2021.