By Helgi Analytics - August 1, 2018
Hrvatska Postanska Banka generated total banking revenues of HRK 832 mil in 2017, down 0.663% compared to the previous year. ...
By Helgi Analytics - August 1, 2018
Hrvatska Postanska Banka's customer deposits reached HRK 16,808 mil in 2017, up 4.89% compared to the previous year. Croatian b...
By Helgi Analytics - August 1, 2018
Hrvatska Postanska Banka's customer loans reached HRK 11,141 mil in 2017, down 3.57% compared to the previous year. Croatian ba...
| Profit Statement | 2015 | 2016 | 2017 | |
| Net Interest Income | HRK mil | 514 | 519 | 537 |
| Fee Income (As % Of Revenues) | % | 24.2 | 23.7 | 24.9 |
| Other Income | HRK mil | 88.6 | 120 | 88.1 |
| Total Revenues | HRK mil | 796 | 838 | 832 |
| Staff Cost | HRK mil | 188 | 186 | 186 |
| Operating Profit | HRK mil | 322 | 383 | 373 |
| Provisions | HRK mil | 194 | 227 | 360 |
| Net Profit | HRK mil | 125 | 183 | 7.90 |
| Balance Sheet | 2015 | 2016 | 2017 | |
| Interbank Loans | HRK mil | 262 | 182 | 114 |
| Customer Loans | HRK mil | 10,298 | 11,554 | 11,141 |
| Total Assets | HRK mil | 18,014 | 19,686 | 20,048 |
| Shareholders' Equity | HRK mil | 1,779 | 1,893 | 1,911 |
| Interbank Borrowing | HRK mil | 358 | 509 | 400 |
| Customer Deposits | HRK mil | 14,494 | 16,025 | 16,808 |
| Issued Debt Securities | HRK mil | 1,005 | 727 | 673 |
| Ratios | 2015 | 2016 | 2017 | |
| ROE | % | 9.52 | 9.99 | 0.415 |
| ROA | % | 0.701 | 0.973 | 0.040 |
| Costs (As % Of Assets) | % | 2.66 | 2.41 | 2.31 |
| Costs (As % Of Income) | % | 59.5 | 54.3 | 55.2 |
| Capital Adequacy Ratio | % | 15.9 | 15.7 | 18.1 |
| Net Interest Margin | % | 2.89 | 2.76 | 2.71 |
| Loans (As % Of Deposits) | % | 71.1 | 72.1 | 66.3 |
| NPLs (As % Of Loans) | % | 26.2 | 18.3 | 16.3 |
| Provisions (As % Of NPLs) | % | 65.8 | 58.6 | 67.7 |
| Growth Rates | 2015 | 2016 | 2017 | |
| Total Revenue Growth | % | 2.92 | 5.28 | -0.663 |
| Operating Cost Growth | % | 1.45 | -3.94 | 0.992 |
| Operating Profit Growth | % | 5.16 | 18.8 | -2.63 |
| Net Profit Growth | % | -120 | 47.1 | -95.7 |
| Customer Loan Growth | % | -1.68 | 12.2 | -3.57 |
| Total Asset Growth | % | 2.53 | 9.28 | 1.84 |
| Customer Deposit Growth | % | 2.90 | 10.6 | 4.89 |
| Shareholders' Equity Growth | % | 111 | 6.44 | 0.919 |
| Employees | 1,067 | 1,067 | 1,122 | |
Get all company financials in excel:
| summary | Unit | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| income statement | ||||||||||||||||
| Net Interest Income | HRK mil | 492 | 480 | 463 | 517 | 514 | ||||||||||
| Total Revenues | HRK mil | 727 | 757 | 718 | 773 | 796 | ||||||||||
| Operating Profit | HRK mil | 211 | 275 | 259 | 307 | 322 | ||||||||||
| Net Profit | HRK mil | 86.0 | 102 | 35.7 | -629 | 125 | ||||||||||
| balance sheet | ||||||||||||||||
| Interbank Loans | HRK mil | 1,308 | 755 | 523 | 584 | 262 | ||||||||||
| Customer Loans | HRK mil | 9,709 | 10,770 | 11,754 | 10,474 | 10,298 | ||||||||||
| Debt Securities | HRK mil | 2,614 | 2,661 | 2,925 | 3,567 | 3,821 | ||||||||||
| Total Assets | HRK mil | 16,692 | 17,266 | 18,598 | 17,570 | 18,014 | ||||||||||
| Shareholders' Equity | HRK mil | 1,243 | 1,411 | 1,445 | 843 | 1,779 | ||||||||||
| Interbank Borrowing | HRK mil | 63.6 | 510 | 741 | 375 | 358 | ||||||||||
| Customer Deposits | HRK mil | 12,924 | 13,125 | 14,361 | 14,085 | 14,494 | ||||||||||
| Issued Debt Securities | HRK mil | 1,851 | 1,534 | 1,485 | 1,508 | 1,005 | ||||||||||
| ratios | ||||||||||||||||
| ROE | % | 7.07 | 7.70 | 2.50 | -55.0 | 9.52 | ||||||||||
| ROA | % | 0.543 | 0.602 | 0.199 | -3.48 | 0.701 | ||||||||||
| Costs (As % Of Assets) | % | 3.26 | 2.84 | 2.56 | 2.58 | 2.66 | ||||||||||
| Costs (As % Of Income) | % | 71.0 | 63.6 | 63.9 | 60.4 | 59.5 | ||||||||||
| Capital Adequacy Ratio | % | 14.3 | 14.9 | 13.5 | 6.65 | 15.9 | ||||||||||
| Net Interest Margin | % | 3.11 | 2.83 | 2.58 | 2.86 | 2.89 | ||||||||||
| Interest Income (As % Of Revenues) | % | 67.7 | 63.4 | 64.4 | 66.8 | 64.6 | ||||||||||
| Fee Income (As % Of Revenues) | % | 26.8 | 24.3 | 26.9 | 24.0 | 24.2 | ||||||||||
| Staff Cost (As % Of Total Cost) | % | 40.4 | 39.6 | 40.6 | 39.8 | 39.7 | ||||||||||
| Equity (As % Of Assets) | % | 7.45 | 8.17 | 7.77 | 4.80 | 9.87 | ||||||||||
| Loans (As % Of Deposits) | % | 75.1 | 82.1 | 81.8 | 74.4 | 71.1 | ||||||||||
| Loans (As % Assets) | % | 58.2 | 62.4 | 63.2 | 59.6 | 57.2 | ||||||||||
| NPLs (As % Of Loans) | % | ... | ... | 23.9 | 23.6 | 23.3 | 25.8 | 26.2 | ||||||||
| Provisions (As % Of NPLs) | % | ... | ... | 37.9 | 39.5 | 42.8 | 62.7 | 65.8 |
| income statement | Unit | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| income statement | ||||||||||||||||
| Interest Income | HRK mil | 877 | 895 | 848 | 872 | 793 | ||||||||||
| Interest Cost | HRK mil | 385 | 416 | 385 | 356 | 278 | ||||||||||
| Net Interest Income | HRK mil | 492 | 480 | 463 | 517 | 514 | ||||||||||
| Net Fee Income | HRK mil | 195 | 184 | 193 | 186 | 193 | ||||||||||
| Other Income | HRK mil | 40.1 | 93.3 | 62.3 | 70.9 | 88.6 | ||||||||||
| Total Revenues | HRK mil | 727 | 757 | 718 | 773 | 796 | ||||||||||
| Staff Cost | HRK mil | 209 | 191 | 186 | 186 | 188 | ||||||||||
| Depreciation | HRK mil | 62.4 | 59.0 | 53.0 | 53.6 | 46.1 | ||||||||||
| Other Cost | HRK mil | 245 | 232 | 220 | 227 | 239 | ||||||||||
| Operating Cost | HRK mil | 516 | 482 | 459 | 467 | 474 | ||||||||||
| Operating Profit | HRK mil | 211 | 275 | 259 | 307 | 322 | ||||||||||
| Provisions | HRK mil | 134 | 174 | 223 | 937 | 194 | ||||||||||
| Extra and Other Cost | HRK mil | -3.59 | 0 | < 0.001 | 0 | 0 | ||||||||||
| Pre-Tax Profit | HRK mil | 80.4 | 102 | 36.4 | -630 | 129 | ||||||||||
| Tax | HRK mil | 5.37 | -0.299 | 0.630 | 0.972 | 3.90 | ||||||||||
| Minorities | HRK mil | 0 | 0 | 0 | 0 | 0 | ||||||||||
| Net Profit | HRK mil | 86.0 | 102 | 35.7 | -629 | 125 | ||||||||||
| growth rates | ||||||||||||||||
| Net Interest Income Growth | % | ... | 24.0 | -2.57 | -3.53 | 11.7 | -0.482 | |||||||||
| Net Fee Income Growth | % | ... | -8.38 | -5.35 | 4.84 | -3.83 | 3.96 | |||||||||
| Total Revenue Growth | % | ... | 5.30 | 4.15 | -5.15 | 7.69 | 2.92 | |||||||||
| Operating Cost Growth | % | ... | 4.43 | -6.73 | -4.72 | 1.72 | 1.45 | |||||||||
| Operating Profit Growth | % | ... | 7.51 | 30.8 | -5.90 | 18.3 | 5.16 | |||||||||
| Pre-Tax Profit Growth | % | ... | 38.3 | 26.8 | -64.3 | -1,833 | -120 | |||||||||
| Net Profit Growth | % | ... | 65.4 | 18.8 | -65.0 | -1,861 | -120 | |||||||||
| market share | ||||||||||||||||
| Market Share in Revenues | % | 4.52 | 5.10 | 4.99 | 5.34 | 5.47 | ||||||||||
| Market Share in Net Profit | % | ... | 2.27 | 3.75 | 7.54 | ... | ... | |||||||||
| Market Share in Employees | % | ... | ... | ... | 5.07 | 5.34 | 5.13 | 5.12 | 5.10 | |||||||
| Market Share in Bank Cards | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 7.74 | 8.02 | ... | |
| Market Share in Branches | % | ... | ... | ... | 4.50 | 4.78 | 4.91 | 5.03 | 5.11 |
| balance sheet | Unit | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| balance sheet | ||||||||||||||||
| Cash | HRK mil | 2,337 | 2,362 | 2,620 | 2,854 | 2,910 | ||||||||||
| Interbank Loans | HRK mil | 1,308 | 755 | 523 | 584 | 262 | ||||||||||
| Customer Loans | HRK mil | 9,709 | 10,770 | 11,754 | 10,474 | 10,298 | ||||||||||
| Retail Loans | HRK mil | 3,417 | 3,869 | 4,199 | 4,518 | 4,763 | ||||||||||
| Corporate Loans | HRK mil | 7,191 | 7,947 | 8,791 | 7,978 | 7,682 | ||||||||||
| Debt Securities | HRK mil | 2,614 | 2,661 | 2,925 | 3,567 | 3,821 | ||||||||||
| Fixed Assets | HRK mil | 355 | 342 | 317 | 294 | 259 | ||||||||||
| Total Assets | HRK mil | 16,692 | 17,266 | 18,598 | 17,570 | 18,014 | ||||||||||
| Shareholders' Equity | HRK mil | 1,243 | 1,411 | 1,445 | 843 | 1,779 | ||||||||||
| Of Which Minority Interest | HRK mil | 0 | 0 | 0 | 0 | 0 | ||||||||||
| Liabilities | HRK mil | 15,449 | 15,856 | 17,152 | 16,727 | 16,235 | ||||||||||
| Interbank Borrowing | HRK mil | 63.6 | 510 | 741 | 375 | 358 | ||||||||||
| Customer Deposits | HRK mil | 12,924 | 13,125 | 14,361 | 14,085 | 14,494 | ||||||||||
| Retail Deposits | HRK mil | 7,633 | 7,723 | 8,007 | 8,383 | 8,894 | ||||||||||
| Corporate Deposits | HRK mil | 5,214 | 5,135 | 6,050 | 5,622 | 5,527 | ||||||||||
| Sight Deposits | HRK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 5,534 | 6,103 | ... | ... |
| Term Deposits | HRK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 8,471 | 8,318 | ... | ... |
| Issued Debt Securities | HRK mil | 1,851 | 1,534 | 1,485 | 1,508 | 1,005 | ||||||||||
| Other Liabilities | HRK mil | 609 | 687 | 565 | 760 | 379 | ||||||||||
| asset quality | ||||||||||||||||
| Non-Performing Loans | HRK mil | ... | ... | 2,551 | 2,801 | 3,048 | 3,226 | 3,265 | ||||||||
| Gross Loans | HRK mil | 10,676 | 11,876 | 13,058 | 12,496 | 12,446 | ||||||||||
| Total Provisions | HRK mil | 968 | 1,107 | 1,304 | 2,022 | 2,148 | ||||||||||
| growth rates | ||||||||||||||||
| Customer Loan Growth | % | ... | 8.52 | 10.9 | 9.14 | -10.9 | -1.68 | |||||||||
| Retail Loan Growth | % | ... | 11.4 | 13.2 | 8.53 | 7.58 | 5.44 | |||||||||
| Corporate Loan Growth | % | ... | 8.14 | 10.5 | 10.6 | -9.24 | -3.71 | |||||||||
| Total Asset Growth | % | ... | 11.4 | 3.44 | 7.71 | -5.53 | 2.53 | |||||||||
| Shareholders' Equity Growth | % | ... | 4.48 | 13.5 | 2.47 | -41.7 | 111 | |||||||||
| Customer Deposit Growth | % | ... | 15.5 | 1.55 | 9.42 | -1.93 | 2.90 | |||||||||
| Retail Deposit Growth | % | ... | 13.7 | 1.17 | 3.68 | 4.69 | 6.10 | |||||||||
| Corporate Deposit Growth | % | ... | 18.3 | -1.52 | 17.8 | -7.06 | -1.70 | |||||||||
| market share | ||||||||||||||||
| Market Share in Customer Loans | % | 3.85 | 4.56 | 5.02 | 4.56 | 4.63 | ||||||||||
| Market Share in Corporate Loans | % | 6.44 | 8.23 | 9.20 | 8.67 | 8.80 | ||||||||||
| Market Share in Consumer Loans | % | 2.67 | 3.06 | 3.40 | 3.69 | 3.96 | ||||||||||
| Market Share in Total Assets | % | 4.01 | 4.21 | 4.48 | 4.19 | 4.33 | ||||||||||
| Market Share in Customer Deposits | % | 5.86 | 5.78 | 6.07 | 5.77 | 5.64 | ||||||||||
| Market Share in Retail Deposits | % | 4.48 | 4.34 | 4.46 | 4.58 | 4.74 | ||||||||||
| Market Share in Corporate Deposits | % | ... | 10.8 | 11.4 | 14.3 | 12.9 | 10.4 |
| ratios | Unit | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| ratios | ||||||||||||||||
| ROE | % | 7.07 | 7.70 | 2.50 | -55.0 | 9.52 | ||||||||||
| ROA | % | 0.543 | 0.602 | 0.199 | -3.48 | 0.701 | ||||||||||
| Costs (As % Of Assets) | % | 3.26 | 2.84 | 2.56 | 2.58 | 2.66 | ||||||||||
| Costs (As % Of Income) | % | 71.0 | 63.6 | 63.9 | 60.4 | 59.5 | ||||||||||
| Capital Adequacy Ratio | % | 14.3 | 14.9 | 13.5 | 6.65 | 15.9 | ||||||||||
| Net Interest Margin | % | 3.11 | 2.83 | 2.58 | 2.86 | 2.89 | ||||||||||
| Interest Spread | % | ... | 2.91 | 2.62 | 2.39 | 2.73 | 2.77 | |||||||||
| Asset Yield | % | 5.54 | 5.27 | 4.73 | 4.82 | 4.46 | ||||||||||
| Cost Of Liabilities | % | ... | 2.63 | 2.66 | 2.34 | 2.10 | 1.69 | |||||||||
| Interest Income (As % Of Revenues) | % | 67.7 | 63.4 | 64.4 | 66.8 | 64.6 | ||||||||||
| Fee Income (As % Of Revenues) | % | 26.8 | 24.3 | 26.9 | 24.0 | 24.2 | ||||||||||
| Other Income (As % Of Revenues) | % | 5.52 | 12.3 | 8.68 | 9.17 | 11.1 | ||||||||||
| Cost Per Employee | USD per month | ... | ... | ... | 2,934 | 2,350 | 2,441 | 2,410 | 2,206 | |||||||
| Cost Per Employee (Local Currency) | HRK per month | ... | ... | ... | 15,692 | 13,750 | 13,934 | 14,289 | 14,697 | |||||||
| Staff Cost (As % Of Total Cost) | % | 40.4 | 39.6 | 40.6 | 39.8 | 39.7 | ||||||||||
| Equity (As % Of Assets) | % | 7.45 | 8.17 | 7.77 | 4.80 | 9.87 | ||||||||||
| Loans (As % Of Deposits) | % | 75.1 | 82.1 | 81.8 | 74.4 | 71.1 | ||||||||||
| Loans (As % Assets) | % | 58.2 | 62.4 | 63.2 | 59.6 | 57.2 | ||||||||||
| NPLs (As % Of Loans) | % | ... | ... | 23.9 | 23.6 | 23.3 | 25.8 | 26.2 | ||||||||
| Provisions (As % Of NPLs) | % | ... | ... | 37.9 | 39.5 | 42.8 | 62.7 | 65.8 | ||||||||
| Provisions (As % Of Loans) | % | 9.97 | 10.3 | 11.1 | 19.3 | 20.9 | ||||||||||
| Cost of Provisions (As % Of Loans) | % | 1.43 | 1.70 | 1.98 | 8.43 | 1.86 |
| other data | Unit | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| other data | ||||||||||||||||
| Branches | ... | ... | ... | 57.0 | 60.0 | 60.0 | 60.0 | 60.0 | ||||||||
| Employees | ... | ... | ... | 1,109 | 1,155 | 1,114 | 1,084 | 1,067 | ||||||||
| ATMs | ... | ... | ... | 302 | 317 | 344 | 360 | 367 | ||||||||
| Clients | mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 0.600 | ... | ... | ... | ... |
| Payment Cards | '000 | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 659 | 690 | ||
| Credit Cards | '000 | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | |
| Sight (As % Of Customer Deposits) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 39.3 | 42.1 | ... | ... |
Get all company financials in excel:
By Helgi Analytics - August 1, 2018
Hrvatska Postanska Banka's retail deposits reached HRK 9,442 mil in 2017, up 1.15% compared to the previous year. Croatian banking sector accepted retail deposits of HRK 190 bil in 2017, up 0.432% when compared to the last year. Hrvatska Postanska Banka a...
By Helgi Analytics - August 10, 2018
Hrvatska Postanska Banka's cost to income ratio reached 55.2% in 2017, up from 54.3% compared to the previous year. Historically, the bank’s costs reached an all time high of 88.5% of income in 2009 and an all time low of 54.3% in 2016. When compared to to...
By Helgi Analytics - August 1, 2018
Hrvatska Postanska Banka's non-performing loans reached 16.3% of total loans at the end of 2017, down from 18.3% compared to the previous year. Historically, the NPL ratio hit an all time high of 26.2% in 2015 and an all time low of 3.59% in 2006. Provision...
By Helgi Analytics - August 1, 2018
Hrvatska Postanska Banka made a net profit of HRK 7.90 mil in 2017, down 95.7% compared to the previous year. This implies a return on equity of 0.415%. Historically, the bank’s net profit reached an all time high of HRK 183 mil in 2016 and an all time low of ...
By Helgi Analytics - August 1, 2018
Hrvatska Postanska Banka's corporate deposits reached HRK 7,366 mil in 2017, up 10.1% compared to the previous year. Croatian banking sector accepted corporate deposits of HRK 63.1 bil in 2017, up 8.35% when compared to the last year. Hrvatska Postanska B...
By Helgi Analytics - August 10, 2018
Hrvatska Postanska Banka employed 1,122 persons in 2017, up 5.15% when compared to the previous year. Historically, the bank's workforce hit an all time high of 1,155 persons in 2012 and an all time low of 601 in 2006. Average cost reached USD 2,054 per month per...
By Helgi Analytics - August 1, 2018
Hrvatska Postanska Banka's net interest margin amounted to 2.71% in 2017, down from 2.76% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 4.47% in 2004 and an all time low of 2.51% in 2009. The ave...
By Helgi Analytics - August 1, 2018
Hrvatska Postanska Banka employed 1,122 persons in 2017, up 5.15% compared to the previous year. Historically, the bank's workforce hit an all time high of 1,155 persons in 2012 and an all time low of 601 in 2006. The bank operated a network of 62.0 branch...
By Helgi Analytics - August 1, 2018
Hrvatska Postanska Banka generated total banking revenues of HRK 832 mil in 2017, down 0.663% 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 HRK 838 mil in 2...
By Helgi Analytics - December 12, 2019
Hrvatska Postanska Banka's corporate loans reached HRK 7,151 mil in 2017, down 9.90% compared to the previous year. Croatian banking sector provided corporate loans of HRK 70.6 bil in 2017, up 2.98% when compared to the last year. Hrvatska Postanska Banka...
Hrvatska poštanska banka (or Croatian Postal Bank) is the largest state-owned bank in Croatia. The Bank is the seventh largest bank in the country with a 4-5% market share by assets. The Bank was founded in 1991 by Hrvatska pošta, the Croatian national postal service, currently the second largest shareholder in the Bank. The Bank offers a typical range of banking services and products such as savings, foreign currency, and current accounts; cash, housing, tourist, mortgage, consumer, car, education, and revolving loans; debit and credit cards; safety deposit boxes; and Internet banking services for retail segment. It also provides banking services for small, medium and large enterprises as well as investment banking and treasury services, asset management, or leasing, for example.
Hrvatska Postanska Banka has been growing its revenues and asset by 2.13% and 3.25% a year on average in the last 10 years. Its loans and deposits have grown by 4.34% and 5.08% a year during that time and loans to deposits ratio reached 66.3% at the end of 2017. The company achieved an average return on equity of -6.86% in the last decade with net profit growing -24.4% a year on average. In terms of operating efficiency, its cost to income ratio reached 55.2% in 2017, compared to 66.4% average in the last decade.
Equity represented 9.53% of total assets or 17.2% of loans at the end of 2017. Hrvatska Postanska Banka's non-performing loans were 16.3% of total loans while provisions covered some 67.7% of NPLs at the end of 2017.
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