By Helgi Library - November 2, 2023
ING Bank Slaski made a net profit of PLN 1,162 mil in the third quarter of 2023, up 466% when compared to the same period of last...
By Helgi Library - November 2, 2023
ING Bank Slaski made a net profit of PLN 1,162 mil under revenues of PLN 2,662 mil in the third quarter of 2023, up 466% and ...
By Helgi Library - November 2, 2023
ING Bank Slaski's net interest margin amounted to 3.63% in the third quarter of 2023, up from 3.61% when compared to the previou...
| Profit Statement | 2020 | 2021 | 2022 | |
| Net Interest Income | PLN mil | 4,542 | 4,970 | 5,614 |
| Net Fee Income | PLN mil | 1,528 | 1,845 | 2,095 |
| Other Income | PLN mil | 581 | 53.1 | -12.2 |
| Total Revenues | PLN mil | 6,651 | 6,868 | 7,697 |
| Staff Cost | PLN mil | 1,314 | 1,497 | 1,599 |
| Operating Profit | PLN mil | 3,407 | 3,358 | 3,408 |
| Provisions | PLN mil | 804 | 372 | 1,030 |
| Net Profit | PLN mil | 1,558 | 2,308 | 1,714 |
| Balance Sheet | 2020 | 2021 | 2022 | |
| Interbank Loans | PLN mil | 980 | 705 | 5,161 |
| Customer Loans | PLN mil | 124,655 | 146,536 | 154,975 |
| Investments | PLN mil | 55,477 | 47,123 | 50,385 |
| Total Assets | PLN mil | 186,596 | 201,654 | 217,266 |
| Shareholders' Equity | PLN mil | 18,618 | 13,531 | 9,344 |
| Interbank Borrowing | PLN mil | 8,228 | 11,731 | 5,640 |
| Customer Deposits | PLN mil | 151,029 | 170,610 | 192,731 |
| Issued Debt Securities | PLN mil | 3,680 | 2,583 | 2,049 |
| Ratios | 2020 | 2021 | 2022 | |
| ROE | % | 9.21 | 14.4 | 15.0 |
| ROA | % | 0.903 | 1.19 | 0.818 |
| Costs (As % Of Assets) | % | 1.88 | 1.81 | 2.05 |
| Costs (As % Of Income) | % | 48.8 | 51.1 | 55.7 |
| Capital Adequacy Ratio | % | 18.7 | 16.1 | 16.2 |
| Net Interest Margin | % | 2.63 | 2.56 | 2.68 |
| Loans (As % Of Deposits) | % | 82.5 | 85.9 | 80.4 |
| NPLs (As % Of Loans) | % | 3.24 | 2.51 | 2.26 |
| Provisions (As % Of NPLs) | % | 78.8 | 83.0 | 92.7 |
| Valuation | 2020 | 2021 | 2022 | |
| Market Capitalisation | USD mil | 5,954 | 8,556 | 4,329 |
| Number Of Shares | mil | 130 | 130 | 130 |
| Share Price | PLN | 171 | 267 | 165 |
| Price/Earnings (P/E) | 14.3 | 15.0 | 12.5 | |
| Price/Book Value (P/BV) | 1.19 | 2.57 | 2.29 | |
| Dividend Yield | % | 0 | 1.98 | ... |
| Earnings Per Share (EPS) | PLN | 12.0 | 17.7 | 13.2 |
| Book Value Per Share | PLN | 143 | 104 | 71.8 |
| Dividend Per Share | PLN | 0 | 5.30 | ... |
Get all company financials in excel:
| summary | Unit | 1993 | 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 | 2022 |
| income statement | |||||||||||||||||||||||||||||||
| Net Interest Income | PLN mil | ... | 2,959 | 3,396 | 3,759 | 4,325 | 4,542 | ||||||||||||||||||||||||
| Total Revenues | PLN mil | ... | 4,277 | 4,906 | 5,545 | 6,191 | 6,651 | ||||||||||||||||||||||||
| Operating Profit | PLN mil | ... | 1,908 | 2,476 | 2,874 | 3,240 | 3,407 | ||||||||||||||||||||||||
| Net Profit | PLN mil | ... | 1,112 | 1,424 | 1,549 | 1,684 | 1,558 | ||||||||||||||||||||||||
| balance sheet | |||||||||||||||||||||||||||||||
| Interbank Loans | PLN mil | ... | 1,113 | 2,295 | 1,412 | 970 | 980 | ||||||||||||||||||||||||
| Customer Loans | PLN mil | 81,980 | 91,108 | 103,126 | 118,128 | 124,655 | |||||||||||||||||||||||||
| Investments | PLN mil | ... | 28,548 | 26,377 | 32,728 | 34,483 | 55,477 | ||||||||||||||||||||||||
| Total Assets | PLN mil | ... | 117,478 | 126,014 | 141,813 | 158,611 | 186,596 | ||||||||||||||||||||||||
| Shareholders' Equity | PLN mil | ... | 10,477 | 11,795 | 13,322 | 15,223 | 18,618 | ||||||||||||||||||||||||
| Interbank Borrowing | PLN mil | ... | 5,065 | 4,109 | 5,196 | 6,256 | 8,228 | ||||||||||||||||||||||||
| Customer Deposits | PLN mil | ... | 95,825 | 104,503 | 117,683 | 130,474 | 151,029 | ||||||||||||||||||||||||
| Issued Debt Securities | PLN mil | ... | ... | 1,531 | 927 | 1,377 | 2,531 | 3,680 | |||||||||||||||||||||||
| ratios | |||||||||||||||||||||||||||||||
| ROE | % | ... | ... | 10.5 | 12.8 | 12.3 | 11.8 | 9.21 | |||||||||||||||||||||||
| ROA | % | ... | ... | 0.982 | 1.17 | 1.16 | 1.12 | 0.903 | |||||||||||||||||||||||
| Costs (As % Of Assets) | % | ... | ... | 2.09 | 2.00 | 1.99 | 1.96 | 1.88 | |||||||||||||||||||||||
| Costs (As % Of Income) | % | ... | 55.4 | 49.5 | 48.2 | 47.7 | 48.8 | ||||||||||||||||||||||||
| Capital Adequacy Ratio | % | ... | 14.7 | 16.7 | 15.6 | 16.9 | 18.7 | ||||||||||||||||||||||||
| Net Interest Margin | % | ... | ... | 2.61 | 2.79 | 2.81 | 2.88 | 2.63 | |||||||||||||||||||||||
| Interest Income (As % Of Revenues) | % | ... | 69.2 | 69.2 | 67.8 | 69.9 | 68.3 | ||||||||||||||||||||||||
| Fee Income (As % Of Revenues) | % | ... | 24.9 | 24.4 | 23.5 | 21.7 | 23.0 | ||||||||||||||||||||||||
| Staff Cost (As % Of Total Cost) | % | ... | ... | ... | 43.9 | 42.6 | 41.4 | 40.8 | 40.5 | ||||||||||||||||||||||
| Equity (As % Of Assets) | % | ... | 8.92 | 9.36 | 9.39 | 9.60 | 9.98 | ||||||||||||||||||||||||
| Loans (As % Of Deposits) | % | ... | 85.6 | 87.2 | 87.6 | 90.5 | 82.5 | ||||||||||||||||||||||||
| Loans (As % Assets) | % | ... | 69.8 | 72.3 | 72.7 | 74.5 | 66.8 | ||||||||||||||||||||||||
| NPLs (As % Of Loans) | % | ... | ... | 2.49 | 2.69 | 2.76 | 2.93 | 3.24 | |||||||||||||||||||||||
| Provisions (As % Of NPLs) | % | ... | ... | 70.7 | 66.8 | 78.1 | 69.3 | 78.8 | |||||||||||||||||||||||
| valuation | |||||||||||||||||||||||||||||||
| Market Capitalisation | USD mil | ... | 5,027 | 7,702 | 6,252 | 6,950 | 5,954 | ||||||||||||||||||||||||
| Number Of Shares | mil | ... | ... | ... | ... | ... | ... | ... | 130 | 130 | 130 | 130 | 130 | ||||||||||||||||||
| Share Price | PLN | ... | 161 | 206 | 180 | 203 | 171 | ||||||||||||||||||||||||
| Earnings Per Share (EPS) | PLN | ... | ... | ... | ... | ... | ... | ... | 8.54 | 10.9 | 11.9 | 12.9 | 12.0 | ||||||||||||||||||
| Book Value Per Share | PLN | ... | ... | ... | ... | ... | ... | ... | 80.5 | 90.7 | 102 | 117 | 143 | ||||||||||||||||||
| Dividend Per Share | PLN | ... | 0 | 3.20 | 3.50 | 3.50 | 0 | ... | |||||||||||||||||||||||
| Price/Earnings (P/E) | ... | ... | ... | ... | ... | ... | ... | 18.9 | 18.8 | 15.1 | 15.6 | 14.3 | |||||||||||||||||||
| Price/Book Value (P/BV) | ... | ... | ... | ... | ... | ... | ... | 2.00 | 2.27 | 1.76 | 1.73 | 1.19 | |||||||||||||||||||
| Dividend Yield | % | ... | 0 | 1.56 | 1.94 | 1.73 | 0 | ... | |||||||||||||||||||||||
| Earnings Per Share Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | -10.7 | 28.1 | 8.76 | 8.74 | -7.49 | ||||||||||||||||
| Book Value Per Share Growth | % | ... | ... | -1.90 | 12.6 | 12.9 | 14.3 | 22.3 |
| income statement | Unit | 1993 | 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 | 2022 |
| income statement | |||||||||||||||||||||||||||||||
| Interest Income | PLN mil | ... | 3,929 | 4,244 | 4,674 | 5,311 | 5,247 | ||||||||||||||||||||||||
| Interest Cost | PLN mil | ... | 970 | 848 | 915 | 986 | 705 | ||||||||||||||||||||||||
| Net Interest Income | PLN mil | ... | 2,959 | 3,396 | 3,759 | 4,325 | 4,542 | ||||||||||||||||||||||||
| Net Fee Income | PLN mil | ... | 1,065 | 1,196 | 1,305 | 1,341 | 1,528 | ||||||||||||||||||||||||
| Fee Income | PLN mil | ... | 1,204 | 1,343 | 1,616 | 1,724 | 1,964 | ||||||||||||||||||||||||
| Fee Expense | PLN mil | ... | 139 | 147 | 311 | 384 | 435 | ||||||||||||||||||||||||
| Other Income | PLN mil | ... | 253 | 315 | 481 | 525 | 581 | ||||||||||||||||||||||||
| Total Revenues | PLN mil | ... | 4,277 | 4,906 | 5,545 | 6,191 | 6,651 | ||||||||||||||||||||||||
| Staff Cost | PLN mil | ... | ... | ... | 1,039 | 1,036 | 1,105 | 1,203 | 1,314 | ||||||||||||||||||||||
| Depreciation | PLN mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 107 | 109 | 117 | 199 | 214 | |||||||||
| Other Cost | PLN mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 1,222 | 1,286 | 1,450 | 1,550 | 1,716 | |||||||||
| Operating Cost | PLN mil | ... | 2,369 | 2,431 | 2,672 | 2,951 | 3,245 | ||||||||||||||||||||||||
| Operating Profit | PLN mil | ... | 1,908 | 2,476 | 2,874 | 3,240 | 3,407 | ||||||||||||||||||||||||
| Provisions | PLN mil | 299 | 421 | 501 | 574 | 804 | |||||||||||||||||||||||||
| Extra and Other Cost | PLN mil | ... | 139 | 147 | 311 | 377 | 419 | ||||||||||||||||||||||||
| Pre-Tax Profit | PLN mil | ... | 1,470 | 1,907 | 2,062 | 2,289 | 2,184 | ||||||||||||||||||||||||
| Tax | PLN mil | ... | 358 | 484 | 513 | 605 | 626 | ||||||||||||||||||||||||
| Minorities | PLN mil | ... | 0.100 | 0 | 0 | 0 | 0 | ||||||||||||||||||||||||
| Net Profit | PLN mil | ... | 1,112 | 1,424 | 1,549 | 1,684 | 1,558 | ||||||||||||||||||||||||
| Net Profit Avail. to Common | PLN mil | ... | 1,112 | 1,424 | 1,549 | 1,684 | 1,558 | ||||||||||||||||||||||||
| Dividends | PLN mil | ... | 0 | 416 | 455 | 0 | 664 | ... | |||||||||||||||||||||||
| growth rates | |||||||||||||||||||||||||||||||
| Net Interest Income Growth | % | ... | ... | 15.8 | 14.8 | 10.7 | 15.1 | 5.01 | |||||||||||||||||||||||
| Net Fee Income Growth | % | ... | ... | 4.68 | 12.3 | 9.11 | 2.73 | 14.0 | |||||||||||||||||||||||
| Total Revenue Growth | % | ... | ... | 10.3 | 14.7 | 13.0 | 11.6 | 7.44 | |||||||||||||||||||||||
| Operating Cost Growth | % | ... | ... | 18.4 | 2.61 | 9.91 | 10.5 | 9.96 | |||||||||||||||||||||||
| Operating Profit Growth | % | ... | ... | 1.61 | 29.7 | 16.1 | 12.8 | 5.15 | |||||||||||||||||||||||
| Pre-Tax Profit Growth | % | ... | ... | -4.31 | 29.8 | 8.08 | 11.0 | -4.59 | |||||||||||||||||||||||
| Net Profit Growth | % | ... | ... | -10.7 | 28.1 | 8.78 | 8.72 | -7.48 | |||||||||||||||||||||||
| market share | |||||||||||||||||||||||||||||||
| Market Share in Revenues | % | ... | 7.23 | 7.93 | 8.61 | 8.79 | 10.8 | ... | |||||||||||||||||||||||
| Market Share in Net Profit | % | ... | 7.99 | 10.4 | 11.9 | 12.2 | -460 | ||||||||||||||||||||||||
| Market Share in Employees | % | ... | ... | ... | 4.75 | 4.85 | 4.94 | 5.14 | 5.67 | ||||||||||||||||||||||
| Market Share in Bank Cards | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 8.57 | 7.73 | 7.75 | 8.09 | 8.44 | ||||||||||||||
| Market Share in Debit Cards | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 9.14 | 8.03 | 7.90 | 8.20 | 9.06 | ||||||||||||||
| Market Share in Credit Cards | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 3.70 | 3.85 | 4.32 | 4.69 | ... | ... | ... | ||||||||||||
| Market Share in Branches | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 2.81 | 3.05 | 3.16 | 3.11 | 3.38 | ... | ... |
| balance sheet | Unit | 1993 | 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 | 2022 |
| balance sheet | |||||||||||||||||||||||||||||||
| Cash & Cash Equivalents | PLN mil | ... | 1,825 | 2,815 | 1,237 | 1,403 | 867 | ||||||||||||||||||||||||
| Interbank Loans | PLN mil | ... | 1,113 | 2,295 | 1,412 | 970 | 980 | ||||||||||||||||||||||||
| Customer Loans | PLN mil | 81,980 | 91,108 | 103,126 | 118,128 | 124,655 | |||||||||||||||||||||||||
| Retail Loans | PLN mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 31,641 | 37,509 | 45,363 | 48,360 | 55,833 | ||||||||||||
| Mortgage Loans | PLN mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 23,887 | 27,540 | 33,372 | 40,772 | 47,901 | |||||||||
| Consumer Loans | PLN mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 7,754 | 9,969 | 11,992 | 7,589 | 7,931 | |||||||||
| Corporate Loans | PLN mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 47,807 | 50,975 | 58,864 | 69,917 | 70,160 | ||||||||||||
| Investments | PLN mil | ... | 28,548 | 26,377 | 32,728 | 34,483 | 55,477 | ||||||||||||||||||||||||
| Property and Equipment | PLN mil | ... | 578 | 549 | 556 | 956 | 913 | ||||||||||||||||||||||||
| Intangible Assets | PLN mil | ... | ... | ... | ... | 426 | 431 | 439 | 430 | 427 | |||||||||||||||||||||
| Goodwill | PLN mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 223 | 223 | 223 | 223 | 223 | ... | ... | |||||||
| Total Assets | PLN mil | ... | 117,478 | 126,014 | 141,813 | 158,611 | 186,596 | ||||||||||||||||||||||||
| Shareholders' Equity | PLN mil | ... | 10,477 | 11,795 | 13,322 | 15,223 | 18,618 | ||||||||||||||||||||||||
| Of Which Minority Interest | PLN mil | ... | 2.30 | 0 | 0 | 0 | 0 | ||||||||||||||||||||||||
| Liabilities | PLN mil | ... | 107,001 | 114,219 | 128,491 | 143,387 | 167,977 | ||||||||||||||||||||||||
| Interbank Borrowing | PLN mil | ... | 5,065 | 4,109 | 5,196 | 6,256 | 8,228 | ||||||||||||||||||||||||
| Customer Deposits | PLN mil | ... | 95,825 | 104,503 | 117,683 | 130,474 | 151,029 | ||||||||||||||||||||||||
| Retail Deposits | PLN mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||
| Corporate Deposits | PLN mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||
| Sight Deposits | PLN mil | ... | ... | ... | 32,421 | 38,397 | 43,530 | 50,414 | 68,175 | ||||||||||||||||||||||
| Term Deposits | PLN mil | ... | ... | ... | 61,693 | 64,452 | 72,378 | 78,386 | 81,095 | ||||||||||||||||||||||
| Issued Debt Securities | PLN mil | ... | ... | 1,531 | 927 | 1,377 | 2,531 | 3,680 | |||||||||||||||||||||||
| Subordinated Debt | PLN mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 665 | 627 | 1,077 | 2,131 | 2,309 | ||
| Other Liabilities | PLN mil | ... | ... | 4,579 | 4,680 | 4,236 | 4,127 | 5,041 | |||||||||||||||||||||||
| asset quality | |||||||||||||||||||||||||||||||
| Non-Performing Loans | PLN mil | ... | ... | 2,077 | 2,497 | 2,905 | 3,529 | 4,149 | |||||||||||||||||||||||
| Gross Loans | PLN mil | ... | 83,447 | 92,776 | 105,396 | 120,574 | 127,926 | ||||||||||||||||||||||||
| Risk-Weighted Assets | PLN mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 62,420 | 65,286 | 76,605 | 86,449 | 87,555 | ||||||||||||
| Total Provisions | PLN mil | ... | 1,468 | 1,668 | 2,270 | 2,446 | 3,270 | ||||||||||||||||||||||||
| growth rates | |||||||||||||||||||||||||||||||
| Customer Loan Growth | % | ... | 13.0 | 11.1 | 13.2 | 14.5 | 5.53 | ||||||||||||||||||||||||
| Retail Loan Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 19.6 | 18.5 | 20.9 | 6.61 | 15.5 | |||||||||||
| Mortgage Loan Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 17.7 | 15.3 | 21.2 | 22.2 | 17.5 | ||||||||
| Consumer Loan Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 25.9 | 28.6 | 20.3 | -36.7 | 4.52 | ||||||||
| Corporate Loan Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 9.67 | 6.63 | 15.5 | 18.8 | 0.348 | |||||||||||
| Total Asset Growth | % | ... | ... | 7.88 | 7.27 | 12.5 | 11.8 | 17.6 | |||||||||||||||||||||||
| Shareholders' Equity Growth | % | ... | ... | -1.90 | 12.6 | 12.9 | 14.3 | 22.3 | |||||||||||||||||||||||
| Customer Deposit Growth | % | ... | ... | 9.12 | 9.06 | 12.6 | 10.9 | 15.8 | |||||||||||||||||||||||
| Retail Deposit Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | |
| Corporate Deposit Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | |
| market share | |||||||||||||||||||||||||||||||
| Market Share in Customer Loans | % | 7.02 | 7.53 | 7.73 | 8.48 | 8.90 | |||||||||||||||||||||||||
| Market Share in Corporate Loans | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 13.9 | 13.9 | 15.8 | 18.2 | 19.1 | ||||||||||||
| Market Share in Retail Loans | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 4.82 | 5.62 | 6.45 | 6.54 | 7.36 | ||||||||||||
| Market Share in Consumer Loans | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 2.98 | 3.59 | 3.74 | 2.24 | 2.37 | |||||||||
| Market Share in Mortgage Loans | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 6.02 | 7.05 | 8.73 | 10.1 | 11.3 | |||||||||
| Market Share in Total Assets | % | ... | 7.04 | 7.28 | 7.52 | 7.96 | 7.98 | ||||||||||||||||||||||||
| Market Share in Customer Deposits | % | ... | 7.94 | 8.28 | 8.63 | 8.84 | 8.97 | ||||||||||||||||||||||||
| Market Share in Retail Deposits | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||
| Market Share in Corporate Deposits | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| ratios | Unit | 1993 | 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 | 2022 |
| ROE | % | ... | ... | 10.5 | 12.8 | 12.3 | 11.8 | 9.21 | |||||||||||||||||||||||
| ROTE | % | ... | ... | ... | ... | ... | 10.9 | 13.3 | 12.8 | 12.2 | 9.45 | ||||||||||||||||||||
| ROE (@ 15% of RWA) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 12.3 | 14.9 | 14.6 | 13.8 | 11.9 | |||||||||||
| ROA | % | ... | ... | 0.982 | 1.17 | 1.16 | 1.12 | 0.903 | |||||||||||||||||||||||
| Return on Loans | % | ... | 1.44 | 1.65 | 1.59 | 1.52 | 1.28 | ||||||||||||||||||||||||
| Operating Profit (As % of RWA) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 3.18 | 3.88 | 4.05 | 3.97 | 3.92 | |||||||||||
| Costs (As % Of Assets) | % | ... | ... | 2.09 | 2.00 | 1.99 | 1.96 | 1.88 | |||||||||||||||||||||||
| Costs (As % Of Income) | % | ... | 55.4 | 49.5 | 48.2 | 47.7 | 48.8 | ||||||||||||||||||||||||
| Costs (As % Of Loans) | % | ... | 3.07 | 2.81 | 2.75 | 2.67 | 2.67 | ||||||||||||||||||||||||
| Costs (As % Of Loans & Deposits) | % | ... | ... | 1.40 | 1.30 | 1.28 | 1.26 | 1.24 | |||||||||||||||||||||||
| Capital Adequacy Ratio | % | ... | 14.7 | 16.7 | 15.6 | 16.9 | 18.7 | ||||||||||||||||||||||||
| Tier 1 Ratio | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 13.7 | 15.8 | 14.7 | 14.4 | 16.1 | |||||||
| Net Interest Margin | % | ... | ... | 2.61 | 2.79 | 2.81 | 2.88 | 2.63 | |||||||||||||||||||||||
| Interest Spread | % | ... | ... | 2.53 | 2.72 | 2.74 | 2.81 | 2.59 | |||||||||||||||||||||||
| Asset Yield | % | ... | ... | 3.47 | 3.49 | 3.49 | 3.54 | 3.04 | |||||||||||||||||||||||
| Revenues (As % of RWA) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 7.12 | 7.68 | 7.82 | 7.59 | 7.64 | |||||||||||
| Cost Of Liabilities | % | ... | ... | 0.945 | 0.767 | 0.754 | 0.725 | 0.453 | |||||||||||||||||||||||
| Payout Ratio | % | ... | 0 | 29.2 | 29.4 | 0 | 42.6 | ... | |||||||||||||||||||||||
| Interest Income (As % Of Revenues) | % | ... | 69.2 | 69.2 | 67.8 | 69.9 | 68.3 | ||||||||||||||||||||||||
| Fee Income (As % Of Revenues) | % | ... | 24.9 | 24.4 | 23.5 | 21.7 | 23.0 | ||||||||||||||||||||||||
| Other Income (As % Of Revenues) | % | ... | 5.92 | 6.41 | 8.67 | 8.48 | 8.74 | ||||||||||||||||||||||||
| Staff Cost (As % Of Total Cost) | % | ... | ... | ... | 43.9 | 42.6 | 41.4 | 40.8 | 40.5 | ||||||||||||||||||||||
| Equity (As % Of Assets) | % | ... | 8.92 | 9.36 | 9.39 | 9.60 | 9.98 | ||||||||||||||||||||||||
| Equity (As % Of Loans) | % | ... | 12.8 | 12.9 | 12.9 | 12.9 | 14.9 | ||||||||||||||||||||||||
| Loans (As % Of Deposits) | % | ... | 85.6 | 87.2 | 87.6 | 90.5 | 82.5 | ||||||||||||||||||||||||
| Loans (As % Assets) | % | ... | 69.8 | 72.3 | 72.7 | 74.5 | 66.8 | ||||||||||||||||||||||||
| NPLs (As % Of Loans) | % | ... | ... | 2.49 | 2.69 | 2.76 | 2.93 | 3.24 | |||||||||||||||||||||||
| Provisions (As % Of NPLs) | % | ... | ... | 70.7 | 66.8 | 78.1 | 69.3 | 78.8 | |||||||||||||||||||||||
| Provisions (As % Of Loans) | % | ... | 1.79 | 1.83 | 2.20 | 2.07 | 2.62 | ||||||||||||||||||||||||
| Cost of Provisions (As % Of Loans) | % | ... | 0.387 | 0.487 | 0.516 | 0.519 | 0.662 |
| other data | Unit | 1993 | 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 | 2022 |
| Branches | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 384 | 423 | 400 | 382 | 353 | |||||||||||||
| ATMs | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 1,145 | 1,081 | 1,051 | 1,012 | 1,001 | ... | ... | |
| ATMs (As % of Bank Branches) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 298 | 256 | 263 | 265 | 284 | ... | ... |
| Employees | ... | ... | ... | 8,025 | 7,979 | 8,034 | 8,071 | 8,451 | |||||||||||||||||||||||
| Employees Per Bank Branch | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 20.9 | 18.9 | 20.1 | 21.1 | 23.9 | |||||||||||||
| Cost Per Employee | USD per month | ... | ... | ... | ... | 2,671 | 2,824 | 3,165 | 3,286 | 3,323 | |||||||||||||||||||||
| Cost Per Employee (Local Currency) | PLN per month | ... | ... | ... | ... | 10,792 | 10,817 | 11,459 | 12,417 | 12,957 |
| customer breakdown | Unit | 1993 | 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 | 2022 |
| Customers | mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 4.27 | 4.53 | 4.80 | 4.05 | 4.24 | ||||||||||||||
| Number of Accounts | mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 3.58 | 3.88 | ... | ... |
| Number of Primary Customers | mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 1.83 | 1.93 | ... | ... |
| Payment Cards | mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 3.16 | 3.02 | 3.19 | 3.48 | 3.69 | ||||||||||||||
| Debit Cards | mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 2.83 | 2.67 | 2.80 | 3.05 | 3.24 | ||||||||||||||
| Credit Cards | mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 0.218 | 0.224 | 0.254 | 0.271 | 0.278 | ||||||||||||||
| Number of Mortgages | mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 0.266 | ... | ... |
| Average Size of Deposit | PLN | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 36,436 | 38,906 | ... | ... |
| Average Size of Mortgage Loan | PLN | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 180,000 | ... | ... |
| Accounts (As % of Total Clients) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 88.4 | 91.6 | ... | ... |
| Primary (As % of Total Clients) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 45.3 | 45.5 | ... | ... |
| Mortgages (As % of Total Clients) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 6.28 | ... | ... |
| Payments Cards (As % of Total Clients) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 74.0 | 66.7 | 66.6 | 85.9 | 87.1 | ||||||||||||||
| Debit Cards (As % of Total Clients) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 66.3 | 59.0 | 58.3 | 75.3 | 76.6 | ||||||||||||||
| Credit Cards (As % of Total Clients) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 5.10 | 4.94 | 5.30 | 6.69 | 6.56 | ||||||||||||||
| Market Value per Customer (Local Currency) | PLN | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 4,918 | 5,916 | 4,901 | 6,519 | 5,283 | ||||||||||||||
| Revenue per Customer (Local Currency) | PLN | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 1,001 | 1,083 | 1,156 | 1,529 | 1,570 | ||||||||||||||
| Net Profit per Customer (Local Currency) | PLN | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 260 | 314 | 323 | 416 | 368 | ||||||||||||||
| Loan per Customer (Local Currency) | PLN | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 19,190 | 20,103 | 21,502 | 29,175 | 29,428 | ||||||||||||||
| Deposit per Customer (Local Currency) | PLN | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 22,431 | 23,059 | 24,538 | 32,224 | 35,654 | ||||||||||||||
| Market Value per Customer | USD | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 1,177 | 1,699 | 1,304 | 1,717 | 1,406 | ||||||||||||||
| Revenue per Customer | USD | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 248 | 283 | 319 | 405 | 403 | ||||||||||||||
| Net Profit per Customer | USD | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 64.4 | 82.0 | 89.2 | 110 | 94.3 | ||||||||||||||
| Loan per Customer | USD | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 4,592 | 5,775 | 5,719 | 7,682 | 7,830 | ||||||||||||||
| Deposit per Customer | USD | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 5,367 | 6,624 | 6,526 | 8,485 | 9,486 |
Get all company financials in excel:
By Helgi Library - August 21, 2023
ING Bank Slaski's customer deposits reached PLN 199,740 mil in 2023-06-30, down 0.948% compared to the previous year. Polish banking sector accepted customer deposits of PLN 2,045 bil in 2023-06-30, up 2.00% when compared to the last year. ING Bank Slaski...
By Helgi Library - November 22, 2023
ING Bank Slaski's mortgage loans reached PLN 55,567 mil in 3Q2023, up 1.04% compared to the previous year. Polish banking sector provided mortgage loans of PLN 443 in 3Q2023, down 0.552% when compared to the last year. ING Bank Slaski accounted for 12.5% ...
By Helgi Library - March 10, 2023
ING Bank Slaski employed 8,507 persons in 2020-12-31, up 2.62% compared to the previous year. Historically, the bank's workforce hit an all time high of 8,507 persons in 2020-12-31 and an all time low of 8,016 in 2017-09-30. The bank operated a network of ...
By Helgi Library - November 2, 2023
ING Bank Slaski generated total banking revenues of PLN 717 mil in 2022-09-30, down 69.7% compared to the previous year. Polish banking sector banking sector generated total revenues of PLN 24,268 mil in 2022-09-30, down 1.11% when compared to the las...
By Helgi Library - August 21, 2023
ING Bank Slaski's customer loans reached PLN 156,213 mil in 2023-06-30, up 0.104% compared to the previous year. Polish banking sector provided customer loans of PLN 1,584 in 2023-06-30, down 0.064% when compared to the last year. ING Bank Slaski accounte...
By Helgi Library - September 14, 2023
ING Bank Slaski's retail loans reached PLN 63,927 mil in the second quarter of 2023, up 0.893% compared to the previous year. Polish banking sector provided retail loans of PLN 722 bil in 2Q2023, down 0.570% when compared to the last year. ING Bank Slaski...
By Helgi Library - September 14, 2023
ING Bank Slaski has issued total of 3.91 mil payment cards at the end of 2022-09-30, up 0.695% compared to the previous year. Polish banking sector banking sector issued total of 44.1 mil of bank cards in 2022-09-30, up 0.271% when compared to the last...
By Helgi Library - August 21, 2023
ING Bank Slaski's retail deposits reached PLN 105,851 mil in 2023-06-30, down 4.19% compared to the previous year. Polish banking sector accepted retail deposits of PLN 1,068 bil in 2023-06-30, up 1.91% when compared to the last year. ING Bank Slaski acco...
By Helgi Library - November 2, 2023
ING Bank Slaski generated total banking revenues of PLN 2,662 mil in the third quarter of 2023, up 271% when compared to the same period of last year and 1.16% when compared to the previous quarter. Historically, the bank’s revenues containing of interest, ...
By Helgi Library - November 2, 2023
ING Bank Slaski's non-performing loans reached 2.74% of total loans at the end of 2023-09-30, up from 2.22% compared to the previous year. Historically, the NPL ratio hit an all time high of 5.05% in 2006-12-31 and an all time low of 1.80% in 2008-09-30. Pr...
ING Bank Slaski is Poland's nationwide universal bank. Its product and service offer includes personal accounts, debit and credit cards, overdraft limits, cash and mortgage loans, saving accounts, term deposits, investment funds, brokerage services, structured products, insurance products and pension funds. The bank offers its services to companies, institutions, and to almost 5 mil individual clients through a network of more than 300 branches and 1,000 ATMs. The bank is especially strong at deposit collection and payment card business. Since 1996, the bank's majority shareholder is the Dutch ING Group now holding a 75% stake in the bank
ING Bank Slaski has been growing its revenues and asset by 8.90% and 10.7% a year on average in the last 10 years. Its loans and deposits have grown by 12.2% and 12.8% a year during that time and loans to deposits ratio reached 80.4% at the end of 2022. The company achieved an average return on equity of 12.0% in the last decade with net profit growing 7.68% a year on average. In terms of operating efficiency, its cost to income ratio reached 55.7% in 2022, compared to 51.5% average in the last decade.
Equity represented 4.30% of total assets or 6.03% of loans at the end of 2022. ING Bank Slaski's non-performing loans were 2.26% of total loans while provisions covered some 92.7% of NPLs at the end of 2022.
ING Bank Slaski stock traded at per share at the end of 2022 resulting in a market capitalization of . Over the previous three years, stock price rose by 0% or 0% a year on average. That’s compared to an average ROE of 12.9% the bank generated for its shareholders. This closing price put stock at a 12-month trailing price to earnings (PE) of 12.5x and price to book value (PBV) of 2.29x in 2022.
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