By Helgi Analytics - February 9, 2021
Hypotecni Banka employed 306 persons in 2020-09-30, down 34.1% when compared to the previous year. Historically, the bank's work...
By Helgi Analytics - February 9, 2021
Hypotecni Banka's net interest margin amounted to 0.780% in the third quarter of 2020, down from 0.902% when compared to the pre...
By Helgi Analytics - October 9, 2019
Hypotecni Banka's loans reached CZK 301,567 mil in the first quarter of 2019, up from CZK 301,081 mil when compared to the p...
Profit Statement | 2017 | 2018 | 2019 | |
Net Interest Income | CZK mil | 3,939 | 3,507 | 3,347 |
Fee Income (As % Of Revenues) | % | 12.6 | 11.5 | 9.31 |
Other Income | CZK mil | -59.0 | -105 | 62.9 |
Total Revenues | CZK mil | 4,439 | 3,845 | 3,760 |
Staff Cost | CZK mil | 544 | 545 | 536 |
Operating Profit | CZK mil | 3,458 | 2,853 | 2,770 |
Provisions | CZK mil | -21.0 | -140 | -252 |
Net Profit | CZK mil | 2,828 | 2,354 | 2,446 |
Balance Sheet | 2017 | 2018 | 2019 | |
Interbank Loans | CZK mil | 6,621 | 6,622 | 632 |
Customer Loans | CZK mil | 280,409 | 299,439 | 322,834 |
Debt Securities | CZK mil | 1,829 | 1,883 | 0 |
Total Assets | CZK mil | 288,314 | 308,765 | 324,053 |
Shareholders' Equity | CZK mil | 39,391 | 42,203 | 44,601 |
Interbank Borrowing | CZK mil | 2.00 | 2.00 | 0 |
Customer Deposits | CZK mil | 398 | 57.0 | 40.0 |
Issued Debt Securities | CZK mil | 247,011 | 264,165 | 277,396 |
Ratios | 2017 | 2018 | 2019 | |
ROE | % | 7.69 | 5.77 | 5.64 |
ROA | % | 1.03 | 0.789 | 0.773 |
Costs (As % Of Assets) | % | 0.356 | 0.332 | 0.313 |
Costs (As % Of Income) | % | 22.1 | 25.8 | 26.3 |
Capital Adequacy Ratio | % | 37.3 | 36.5 | 42.6 |
Net Interest Margin | % | 1.43 | 1.17 | 1.06 |
Loans (As % Of Deposits) | % | 114 | 113 | 116 |
NPLs (As % Of Loans) | % | 1.66 | 1.27 | 0.996 |
Provisions (As % Of NPLs) | % | 45.1 | 43.0 | 38.7 |
Growth Rates | 2017 | 2018 | 2019 | |
Total Revenue Growth | % | -12.3 | -13.4 | -2.22 |
Operating Cost Growth | % | -8.23 | 1.12 | -0.182 |
Operating Profit Growth | % | -13.4 | -17.5 | -2.93 |
Net Profit Growth | % | -11.8 | -16.8 | 3.92 |
Customer Loan Growth | % | 10.4 | 6.79 | 7.81 |
Total Asset Growth | % | 9.83 | 7.09 | 4.95 |
Customer Deposit Growth | % | -0.995 | -85.7 | -29.8 |
Shareholders' Equity Growth | % | 15.3 | 7.14 | 5.68 |
Employees | 548 | 526 | 495 |
Get all company financials in excel:
summary | Unit | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
income statement | ||||||||||||||||||||||||
Net Interest Income | CZK mil | 4,580 | 4,617 | 4,427 | 4,497 | 3,939 | ||||||||||||||||||
Total Revenues | CZK mil | 5,069 | 5,172 | 4,985 | 5,061 | 4,439 | ||||||||||||||||||
Operating Profit | CZK mil | 4,209 | 4,237 | 4,111 | 3,992 | 3,458 | ||||||||||||||||||
Net Profit | CZK mil | 2,858 | 3,078 | 2,990 | 3,206 | 2,828 | ||||||||||||||||||
balance sheet | ||||||||||||||||||||||||
Interbank Loans | CZK mil | 17,531 | 10,536 | 6,622 | 6,622 | 6,621 | ||||||||||||||||||
Customer Loans | CZK mil | 196,097 | 211,380 | 228,340 | 254,078 | 280,409 | ||||||||||||||||||
Debt Securities | CZK mil | 0 | 17.0 | 25.0 | 68.0 | 1,829 | ||||||||||||||||||
Total Assets | CZK mil | 213,948 | 222,353 | 236,195 | 262,513 | 288,314 | ||||||||||||||||||
Shareholders' Equity | CZK mil | 27,918 | 30,619 | 33,647 | 34,172 | 39,391 | ||||||||||||||||||
Interbank Borrowing | CZK mil | 64,464 | 38,793 | 220 | 2.00 | 2.00 | ||||||||||||||||||
Customer Deposits | CZK mil | 515 | 535 | 452 | 402 | 398 | ||||||||||||||||||
Issued Debt Securities | CZK mil | 120,344 | 151,372 | 200,797 | 226,579 | 247,011 | ||||||||||||||||||
ratios | ||||||||||||||||||||||||
ROE | % | 10.2 | 10.5 | 9.31 | 9.45 | 7.69 | ||||||||||||||||||
ROA | % | 1.38 | 1.41 | 1.30 | 1.29 | 1.03 | ||||||||||||||||||
Costs (As % Of Assets) | % | 0.414 | 0.429 | 0.381 | 0.429 | 0.356 | ||||||||||||||||||
Costs (As % Of Income) | % | 17.0 | 18.1 | 17.5 | 21.1 | 22.1 | ||||||||||||||||||
Capital Adequacy Ratio | % | ... | 33.8 | 34.7 | 36.6 | 33.5 | 37.3 | |||||||||||||||||
Net Interest Margin | % | 2.21 | 2.12 | 1.93 | 1.80 | 1.43 | ||||||||||||||||||
Interest Income (As % Of Revenues) | % | 90.4 | 89.3 | 88.8 | 88.9 | 88.7 | ||||||||||||||||||
Fee Income (As % Of Revenues) | % | 9.55 | 9.18 | 10.1 | 10.3 | 12.6 | ||||||||||||||||||
Staff Cost (As % Of Total Cost) | % | 55.8 | 51.7 | 61.7 | 50.5 | 55.5 | ||||||||||||||||||
Equity (As % Of Assets) | % | 13.0 | 13.8 | 14.2 | 13.0 | 13.7 | ||||||||||||||||||
Loans (As % Of Deposits) | % | 163 | 140 | 114 | 112 | 114 | ||||||||||||||||||
Loans (As % Assets) | % | 91.7 | 95.1 | 96.7 | 96.8 | 97.3 | ||||||||||||||||||
NPLs (As % Of Loans) | % | ... | ... | ... | 3.76 | 5.24 | 3.12 | 2.32 | 1.66 | |||||||||||||||
Provisions (As % Of NPLs) | % | ... | ... | ... | 42.7 | 29.4 | 43.4 | 43.1 | 45.1 |
income statement | Unit | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
income statement | ||||||||||||||||||||||||
Interest Income | CZK mil | 8,449 | 8,166 | 7,565 | 7,140 | 6,811 | ||||||||||||||||||
Interest Cost | CZK mil | 3,869 | 3,549 | 3,138 | 2,643 | 2,872 | ||||||||||||||||||
Net Interest Income | CZK mil | 4,580 | 4,617 | 4,427 | 4,497 | 3,939 | ||||||||||||||||||
Net Fee Income | CZK mil | 484 | 475 | 504 | 523 | 559 | ||||||||||||||||||
Other Income | CZK mil | 5.00 | 80.0 | 54.0 | 41.0 | -59.0 | ||||||||||||||||||
Total Revenues | CZK mil | 5,069 | 5,172 | 4,985 | 5,061 | 4,439 | ||||||||||||||||||
Staff Cost | CZK mil | 480 | 483 | 539 | 540 | 544 | ||||||||||||||||||
Depreciation | CZK mil | 88.0 | 111 | 49.0 | 85.0 | 64.0 | ||||||||||||||||||
Other Cost | CZK mil | 292 | 341 | 286 | 444 | 373 | ||||||||||||||||||
Operating Cost | CZK mil | 860 | 935 | 874 | 1,069 | 981 | ||||||||||||||||||
Operating Profit | CZK mil | 4,209 | 4,237 | 4,111 | 3,992 | 3,458 | ||||||||||||||||||
Provisions | CZK mil | 672 | 439 | 419 | 47.0 | -21.0 | ||||||||||||||||||
Extra and Other Cost | CZK mil | -1.00 | 0 | 0 | 0 | 0 | ||||||||||||||||||
Pre-Tax Profit | CZK mil | 3,538 | 3,798 | 3,692 | 3,945 | 3,479 | ||||||||||||||||||
Tax | CZK mil | 680 | 720 | 702 | 739 | 651 | ||||||||||||||||||
Minorities | CZK mil | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||||
Net Profit | CZK mil | 2,858 | 3,078 | 2,990 | 3,206 | 2,828 | ||||||||||||||||||
Dividends | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 2,858 | 3,078 | 2,990 | 1,800 | 2,828 | ... | ... | ||||||
growth rates | ||||||||||||||||||||||||
Net Interest Income Growth | % | ... | 1.03 | 0.808 | -4.12 | 1.58 | -12.4 | |||||||||||||||||
Net Fee Income Growth | % | ... | 5.42 | -1.86 | 6.11 | 3.77 | 6.88 | |||||||||||||||||
Total Revenue Growth | % | ... | 1.89 | 2.03 | -3.62 | 1.52 | -12.3 | |||||||||||||||||
Operating Cost Growth | % | ... | 9.09 | 8.72 | -6.52 | 22.3 | -8.23 | |||||||||||||||||
Operating Profit Growth | % | ... | 0.539 | 0.665 | -2.97 | -2.89 | -13.4 | |||||||||||||||||
Pre-Tax Profit Growth | % | ... | 2.55 | 7.35 | -2.79 | 6.85 | -11.8 | |||||||||||||||||
Net Profit Growth | % | ... | 2.24 | 7.70 | -2.86 | 7.22 | -11.8 | |||||||||||||||||
market share | ||||||||||||||||||||||||
Market Share in Revenues | % | 3.01 | 3.08 | 2.86 | 2.81 | 2.48 | ... | |||||||||||||||||
Market Share in Net Profit | % | ... | ... | ... | ... | 4.68 | 4.88 | 4.51 | 4.36 | 3.75 | ... | |||||||||||||
Market Share in Employees | % | ... | 1.20 | 1.21 | 1.26 | 1.33 | 1.31 | ... | ||||||||||||||||
Market Share in Branches | % | ... | ... | ... | ... | ... | ... | ... | ... | 0.718 | 1.26 | 1.34 | 1.42 | 1.54 | ... |
balance sheet | Unit | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
balance sheet | ||||||||||||||||||||||||
Cash | CZK mil | 33.0 | 29.0 | 688 | 1,150 | 725 | ||||||||||||||||||
Interbank Loans | CZK mil | 17,531 | 10,536 | 6,622 | 6,622 | 6,621 | ||||||||||||||||||
Customer Loans | CZK mil | 196,097 | 211,380 | 228,340 | 254,078 | 280,409 | ||||||||||||||||||
Retail Loans | CZK mil | 196,097 | 211,380 | 228,340 | 254,078 | 280,409 | ||||||||||||||||||
Mortgage Loans | CZK mil | 196,097 | 211,380 | 228,340 | 254,078 | 280,409 | ||||||||||||||||||
Consumer Loans | CZK mil | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||||
Corporate Loans | CZK mil | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||||
Debt Securities | CZK mil | 0 | 17.0 | 25.0 | 68.0 | 1,829 | ||||||||||||||||||
Fixed Assets | CZK mil | 122 | 125 | 228 | 296 | 369 | ||||||||||||||||||
Total Assets | CZK mil | 213,948 | 222,353 | 236,195 | 262,513 | 288,314 | ||||||||||||||||||
Shareholders' Equity | CZK mil | 27,918 | 30,619 | 33,647 | 34,172 | 39,391 | ||||||||||||||||||
Of Which Minority Interest | CZK mil | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||||
Liabilities | CZK mil | 186,030 | 191,734 | 202,548 | 228,341 | 248,923 | ||||||||||||||||||
Interbank Borrowing | CZK mil | 64,464 | 38,793 | 220 | 2.00 | 2.00 | ||||||||||||||||||
Customer Deposits | CZK mil | 515 | 535 | 452 | 402 | 398 | ||||||||||||||||||
Retail Deposits | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 315 | 317 | 302 | 283 | 298 | |||
Corporate Deposits | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 200 | 218 | 150 | 119 | 100 | |||
Issued Debt Securities | CZK mil | 120,344 | 151,372 | 200,797 | 226,579 | 247,011 | ||||||||||||||||||
Other Liabilities | CZK mil | 707 | 1,034 | 1,079 | 1,358 | 1,512 | ||||||||||||||||||
asset quality | ||||||||||||||||||||||||
Non-Performing Loans | CZK mil | ... | ... | ... | 7,501 | 11,229 | 7,201 | 5,945 | 4,700 | |||||||||||||||
Gross Loans | CZK mil | ... | ... | ... | 199,297 | 214,309 | 231,075 | 256,639 | 282,531 | |||||||||||||||
Total Provisions | CZK mil | ... | ... | ... | 3,200 | 3,302 | 3,124 | 2,561 | 2,122 | |||||||||||||||
growth rates | ||||||||||||||||||||||||
Customer Loan Growth | % | ... | 8.53 | 7.79 | 8.02 | 11.3 | 10.4 | |||||||||||||||||
Retail Loan Growth | % | ... | 8.53 | 7.79 | 8.02 | 11.3 | 10.4 | |||||||||||||||||
Mortgage Loan Growth | % | ... | 8.53 | 7.79 | 8.02 | 11.3 | 10.4 | |||||||||||||||||
Total Asset Growth | % | ... | 6.35 | 3.93 | 6.23 | 11.1 | 9.83 | |||||||||||||||||
Shareholders' Equity Growth | % | ... | 0.219 | 9.67 | 9.89 | 1.56 | 15.3 | |||||||||||||||||
Customer Deposit Growth | % | ... | 18.3 | 3.88 | -15.5 | -11.1 | -0.995 | |||||||||||||||||
Retail Deposit Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | -7.62 | 0.635 | -4.73 | -6.29 | 5.30 | ... | |
Corporate Deposit Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 113 | 9.00 | -31.2 | -20.7 | -16.0 | ||
market share | ||||||||||||||||||||||||
Market Share in Customer Loans | % | 7.80 | 8.02 | 8.21 | 8.61 | 9.09 | ||||||||||||||||||
Market Share in Corporate Loans | % | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||||
Market Share in Retail Loans | % | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||||
Market Share in Consumer Loans | % | 16.6 | 17.2 | 17.3 | 17.9 | 18.3 | ||||||||||||||||||
Market Share in Mortgage Loans | % | 23.0 | 23.5 | 23.5 | 24.1 | 24.4 | ||||||||||||||||||
Market Share in Total Assets | % | 4.11 | 4.13 | 4.26 | 4.36 | 4.08 | ||||||||||||||||||
Market Share in Customer Deposits | % | 0.015 | 0.016 | 0.013 | 0.011 | 0.010 | ||||||||||||||||||
Market Share in Retail Deposits | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 0.017 | 0.016 | 0.015 | 0.013 | 0.013 | |||
Market Share in Corporate Deposits | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 0.026 | 0.026 | 0.016 | 0.013 | 0.010 |
ratios | Unit | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
ratios | ||||||||||||||||||||||||
ROE | % | 10.2 | 10.5 | 9.31 | 9.45 | 7.69 | ||||||||||||||||||
ROA | % | 1.38 | 1.41 | 1.30 | 1.29 | 1.03 | ||||||||||||||||||
Costs (As % Of Assets) | % | 0.414 | 0.429 | 0.381 | 0.429 | 0.356 | ||||||||||||||||||
Costs (As % Of Income) | % | 17.0 | 18.1 | 17.5 | 21.1 | 22.1 | ||||||||||||||||||
Capital Adequacy Ratio | % | ... | 33.8 | 34.7 | 36.6 | 33.5 | 37.3 | |||||||||||||||||
Tier 1 Ratio | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 33.8 | 34.2 | 36.1 | 32.9 | 37.3 | |||
Net Interest Margin | % | 2.21 | 2.12 | 1.93 | 1.80 | 1.43 | ||||||||||||||||||
Interest Spread | % | ... | 1.92 | 1.86 | 1.71 | 1.64 | 1.27 | |||||||||||||||||
Asset Yield | % | 4.07 | 3.74 | 3.30 | 2.86 | 2.47 | ||||||||||||||||||
Cost Of Liabilities | % | ... | 2.15 | 1.88 | 1.59 | 1.23 | 1.20 | |||||||||||||||||
Payout Ratio | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 100 | 100 | 100 | 56.1 | 100 | ... | ... | ||||||
Interest Income (As % Of Revenues) | % | 90.4 | 89.3 | 88.8 | 88.9 | 88.7 | ||||||||||||||||||
Fee Income (As % Of Revenues) | % | 9.55 | 9.18 | 10.1 | 10.3 | 12.6 | ||||||||||||||||||
Other Income (As % Of Revenues) | % | 0.099 | 1.55 | 1.08 | 0.810 | -1.33 | ||||||||||||||||||
Cost Per Employee | USD per month | ... | 4,233 | 3,851 | 3,612 | 3,272 | 3,525 | |||||||||||||||||
Cost Per Employee (Local Currency) | CZK per month | ... | 82,816 | 82,311 | 86,212 | 82,569 | 82,725 | |||||||||||||||||
Staff Cost (As % Of Total Cost) | % | 55.8 | 51.7 | 61.7 | 50.5 | 55.5 | ||||||||||||||||||
Equity (As % Of Assets) | % | 13.0 | 13.8 | 14.2 | 13.0 | 13.7 | ||||||||||||||||||
Loans (As % Of Deposits) | % | 163 | 140 | 114 | 112 | 114 | ||||||||||||||||||
Loans (As % Assets) | % | 91.7 | 95.1 | 96.7 | 96.8 | 97.3 | ||||||||||||||||||
NPLs (As % Of Loans) | % | ... | ... | ... | 3.76 | 5.24 | 3.12 | 2.32 | 1.66 | |||||||||||||||
Provisions (As % Of NPLs) | % | ... | ... | ... | 42.7 | 29.4 | 43.4 | 43.1 | 45.1 | |||||||||||||||
Provisions (As % Of Loans) | % | ... | ... | ... | 1.63 | 1.56 | 1.37 | 1.01 | 0.757 | |||||||||||||||
Cost of Provisions (As % Of Loans) | % | 0.357 | 0.215 | 0.191 | 0.019 | -0.008 |
other data | Unit | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
Branches | ... | ... | ... | ... | ... | ... | ... | ... | 16.0 | 28.0 | 29.0 | 29.0 | 30.0 | |||||||||||
Employees | ... | 483 | 489 | 521 | 545 | 548 | ||||||||||||||||||
Volume Of New Mortgages Sold | CZK mil | ... | ... | 42,953 | 43,055 | 52,423 | 65,461 | ... | ... | ... | ||||||||||||||
Number Of New Mortgages Provided | ... | ... | ... | ... | ... | ... | ... | 25,544 | 24,372 | 28,022 | 32,442 | ... | ... | ... | ||||||||||
Average Size Of A New Mortgage | CZK '000 | ... | ... | ... | ... | ... | ... | ... | 1,682 | 1,767 | 1,871 | 2,018 | ... | ... | ... |
Get all company financials in excel:
By Helgi Analytics - February 9, 2021
Hypotecni Banka's mortgage loans reached CZK 335,460 mil in 2020-09-30, up 1.86% compared to the previous year. Czech banking sector provided mortgage loans of CZK 1,403 bil in 2020-09-30, up 2.12% when compared to the last year. Hypotecni Banka accounted...
By Helgi Analytics - February 9, 2021
Hypotecni Banka's non-performing loans reached 0.956% of total loans at the end of 2020-09-30, down from 1.04% compared to the previous year. Historically, the NPL ratio hit an all time high of 6.92% in 2000-03-31 and an all time low of 0.908% in 2008-06-30. ...
By Helgi Analytics - February 9, 2021
Hypotecni Banka's customer deposits reached CZK 138 mil in 2020-09-30, up 94.4% compared to the previous year. Czech banking sector accepted customer deposits of CZK 5,550 bil in 2020-09-30, up 2.53% when compared to the last year. Hypotecni Banka account...
By Helgi Analytics - February 9, 2021
Hypotecni Banka's customer loans reached CZK 337,230 mil in 2020-09-30, up 1.80% compared to the previous year. Czech banking sector provided customer loans of CZK 3,619 bil in 2020-09-30, up 1.08% when compared to the last year. Hypotecni Banka accounted...
By Helgi Analytics - February 9, 2021
Hypotecni Banka's capital adequacy ratio reached 45.7% at the end of third quarter of 2020, down from 46.4% when compared to the previous quarter. Historically, the bank’s capital ratio hit an all time high of 56.4% in 2Q2008 and an all time low of 8.16% in 4Q2002....
By Helgi Analytics - February 9, 2021
Hypotecni Banka's retail loans reached CZK 335,460 mil in the third quarter of 2020, up 1.86% compared to the previous year. Czech banking sector provided retail loans of CZK 1,825 bil in 3Q2020, up 1.91% when compared to the last year. Hypotecni Banka ac...
By Helgi Analytics - February 9, 2021
Hypotecni Banka's cost to income ratio reached 29.4% in the third quarter of 2020, down from 30.2% when compared to the previous quarter. Historically, the bank’s costs reached an all time high of 34.3% of income in 1Q2019 and an all time low of 16.9% in 3Q2...
By Helgi Analytics - February 9, 2021
Hypotecni Banka made a net profit of CZK 247 mil in the third quarter of 2020, down 58.9% when compared to the same period of last year. This implies a return on equity of 2.13%. Historically, the bank’s net profit reached an all time high of CZK 928 mil in 1Q201...
By Helgi Analytics - February 9, 2021
Hypotecni Banka made a net profit of CZK 247 mil under revenues of CZK 700 mil in the third quarter of 2020, down 58.9% and 25% respectively when compared to the same period last year. Historically, the bank’s net profit reached an all time high of CZK 928 mi...
By Helgi Analytics - February 9, 2021
Hypotecni Banka generated total banking revenues of CZK 700 mil in 2020-09-30, down 1.91% compared to the previous year. Czech banking sector banking sector generated total revenues of CZK 41,746 mil in 2020-09-30, down 13.4% when compared to the last...
Hypoteční Banka is the Czech Republic's largest mortgage lender with a market share of around 25%. Despite being a 100% subsidiary of ČSOB, Hypoteční has kept its distinctive brand name and relatively high level of independence. The numbers suggest that the bank possesses all the right ingredients for success; it is exposed to the fastest-growing area of banking (mortgage lending), it is extremely cost-efficient and its asset quality remains under good control. When adjusted for hefty overcapitalisation, Hypoteční Banka’s ROE jumps to impressive 20's% being on eof the most profitable banks on the Czech market in the last decade.
Hypotecni Banka has been growing its revenues and asset by 2.12% and 6.99% a year on average in the last 10 years. Its loans and deposits have grown by 8.97% and -22.2% a year during that time and loans to deposits ratio reached 116% at the end of 2019. The company achieved an average return on equity of 8.97% in the last decade with net profit growing 5.82% a year on average. In terms of operating efficiency, its cost to income ratio reached 26.3% in 2019, compared to 19.6% average in the last decade.
Equity represented 13.8% of total assets or 13.8% of loans at the end of 2019. Hypotecni Banka's non-performing loans were 0.996% of total loans while provisions covered some 38.7% of NPLs at the end of 2019.