Isbank Bulgaria

Isbank's net interest margin rose 68.4% to 4.38% in 2017

By Helgi Analytics - September 3, 2018

Isbank Bulgaria's net interest margin amounted to 4.38% in 2017, up from 2.60% compared to the previous year. Historically...

Isbank's total revenues fell 68.1% to BGN 0.163 mil in 2017

By Helgi Analytics - September 20, 2018

Isbank Bulgaria generated total banking revenues of BGN 0.163 mil in 2017, down 68.1% compared to the previous year. Bulga...

Isbank's customer loans fell 100% to BGN 0 mil in 2017

By Helgi Analytics - September 3, 2018

Isbank Bulgaria's customer loans reached BGN 0 mil in 2017, down 100% compared to the previous year. Bulgarian banking sector p...

Profit Statement 2015 2016 2017
Net Interest Income BGN mil 0.207 0.163 0.106
Fee Income (As % Of Revenues) % 20.4 9.98 3.07
Other Income BGN mil 0.242 0.297 0.052
Total Revenues BGN mil 0.564 0.511 0.163
Operating Profit BGN mil -0.133 -0.517 -0.494
Provisions BGN mil 0 0 0
Net Profit BGN mil -0.133 -0.517 -0.494
Balance Sheet 2015 2016 2017
Customer Loans BGN mil 3.81 3.21 0
Debt Securities BGN mil 0 0 0
Total Assets BGN mil 7.81 4.73 0.113
Shareholders' Equity BGN mil -0.133 -0.517 -0.494
Interbank Borrowing BGN mil 0 0 0
Customer Deposits BGN mil 7.94 5.24 0.587
Issued Debt Securities BGN mil 0 0 0
Ratios 2015 2016 2017
ROE % 42.2 159 97.7
ROA % -0.920 -8.25 -20.4
Costs (As % Of Assets) % 4.82 16.4 27.1
Costs (As % Of Income) % 124 201 403
Net Interest Margin % 1.43 2.60 4.38
Loans (As % Of Deposits) % 47.9 61.3 0
Growth Rates 2015 2016 2017
Total Revenue Growth % 14.2 -9.40 -68.1
Operating Cost Growth % -29.7 47.5 -36.1
Operating Profit Growth % -73.2 289 -4.45
Net Profit Growth % -73.2 289 -4.45
Customer Loan Growth % -64.7 -15.6 -100
Total Asset Growth % -63.0 -39.4 -97.6
Customer Deposit Growth % -63.2 -34.0 -88.8
Shareholders' Equity Growth % -73.2 289 -4.45

Get all company financials in excel:

Download Sample   $19.99

summary Unit 2011 2012 2013 2014 2015 2016 2017
income statement              
Net Interest Income BGN mil -0.010 0.143 0.251 0.243 0.207    
Total Revenues BGN mil -0.008 0.233 0.484 0.494 0.564    
Operating Profit BGN mil -0.953 -0.943 -0.717 -0.497 -0.133    
Net Profit BGN mil -0.953 -0.943 -0.717 -0.497 -0.133    
balance sheet              
Customer Loans BGN mil 0.998 7.83 8.98 10.8 3.81    
Debt Securities BGN mil 0 0 0 0 0    
Total Assets BGN mil 1.76 8.93 13.7 21.1 7.81    
Shareholders' Equity BGN mil -0.953 -0.943 -0.717 -0.497 -0.133    
Interbank Borrowing BGN mil 0 0 0 0 0    
Customer Deposits BGN mil 2.69 9.86 14.3 21.6 7.94    
Issued Debt Securities BGN mil 0 0 0 0 0    
ratios              
ROE % 100 99.5 86.4 81.9 42.2    
ROA % -54.3 -17.7 -6.34 -2.86 -0.920    
Costs (As % Of Assets) % 53.8 22.0 10.6 5.70 4.82    
Costs (As % Of Income) % -11,813 505 248 201 124    
Net Interest Margin % -0.569 2.68 2.22 1.40 1.43    
Interest Income (As % Of Revenues) % 125 61.4 51.9 49.2 36.7    
Fee Income (As % Of Revenues) % -62.5 23.6 34.7 34.0 20.4    
Equity (As % Of Assets) % -54.3 -10.6 -5.24 -2.36 -1.70    
Loans (As % Of Deposits) % 37.1 79.4 62.6 49.9 47.9    
Loans (As % Assets) % 56.8 87.7 65.6 51.0 48.7    
income statement Unit 2011 2012 2013 2014 2015 2016 2017
income statement              
Interest Income BGN mil 0.004 0.205 0.396 0.420 0.355    
Interest Cost BGN mil 0.014 0.062 0.145 0.177 0.148    
Net Interest Income BGN mil -0.010 0.143 0.251 0.243 0.207    
Net Fee Income BGN mil 0.005 0.055 0.168 0.168 0.115    
Other Income BGN mil -0.003 0.035 0.065 0.083 0.242    
Total Revenues BGN mil -0.008 0.233 0.484 0.494 0.564    
Depreciation BGN mil 0.023 0.082 0.098 0.090 0.040    
Operating Cost BGN mil 0.945 1.18 1.20 0.991 0.697    
Operating Profit BGN mil -0.953 -0.943 -0.717 -0.497 -0.133    
Provisions BGN mil 0 0 0 0 0    
Extra and Other Cost BGN mil 0 0 0 0 0    
Pre-Tax Profit BGN mil -0.953 -0.943 -0.717 -0.497 -0.133    
Tax BGN mil 0 0 0 0 0    
Minorities BGN mil 0 0 0 0 0    
Net Profit BGN mil -0.953 -0.943 -0.717 -0.497 -0.133    
growth rates              
Net Interest Income Growth % ... -1,530 75.5 -3.19 -14.8    
Net Fee Income Growth % ... 1,000 205 0 -31.5    
Total Revenue Growth % ... -3,013 108 2.07 14.2    
Operating Cost Growth % ... 24.4 2.13 -17.5 -29.7    
Operating Profit Growth % ... -1.05 -24.0 -30.7 -73.2    
Pre-Tax Profit Growth % ... -1.05 -24.0 -30.7 -73.2    
Net Profit Growth % ... -1.05 -24.0 -30.7 -73.2    
market share              
Market Share in Revenues % < -0.001 0.006 0.013 0.013 0.014    
balance sheet Unit 2011 2012 2013 2014 2015 2016 2017
balance sheet              
Cash BGN mil 0.500 0.809 4.50 10.2 3.91    
Customer Loans BGN mil 0.998 7.83 8.98 10.8 3.81    
Debt Securities BGN mil 0 0 0 0 0    
Fixed Assets BGN mil 0.234 0.265 0.167 0.102 0.069    
Total Assets BGN mil 1.76 8.93 13.7 21.1 7.81    
Shareholders' Equity BGN mil -0.953 -0.943 -0.717 -0.497 -0.133    
Of Which Minority Interest BGN mil 0 0 0 0 0    
Liabilities BGN mil 2.71 9.87 14.4 21.6 7.94    
Interbank Borrowing BGN mil 0 0 0 0 0    
Customer Deposits BGN mil 2.69 9.86 14.3 21.6 7.94    
Issued Debt Securities BGN mil 0 0 0 0 0    
Other Liabilities BGN mil 0 0 0 0 0    
growth rates              
Customer Loan Growth % ... 684 14.7 20.0 -64.7    
Total Asset Growth % ... 408 53.2 54.3 -63.0    
Shareholders' Equity Growth % ... -1.05 -24.0 -30.7 -73.2    
Customer Deposit Growth % ... 267 45.5 50.4 -63.2    
market share              
Market Share in Customer Loans % 0.002 0.014 0.016 0.021 0.008    
Market Share in Total Assets % 0.003 0.014 0.020 0.030 0.010    
Market Share in Customer Deposits % 0.005 0.017 0.023 0.034 0.012    
ratios Unit 2011 2012 2013 2014 2015 2016 2017
ratios              
ROE % 100 99.5 86.4 81.9 42.2    
ROA % -54.3 -17.7 -6.34 -2.86 -0.920    
Costs (As % Of Assets) % 53.8 22.0 10.6 5.70 4.82    
Costs (As % Of Income) % -11,813 505 248 201 124    
Net Interest Margin % -0.569 2.68 2.22 1.40 1.43    
Interest Spread % ... 2.85 2.31 1.43 1.45    
Asset Yield % 0.228 3.84 3.50 2.42 2.46    
Cost Of Liabilities % ... 0.986 1.20 0.983 1.00    
Interest Income (As % Of Revenues) % 125 61.4 51.9 49.2 36.7    
Fee Income (As % Of Revenues) % -62.5 23.6 34.7 34.0 20.4    
Other Income (As % Of Revenues) % 37.5 15.0 13.4 16.8 42.9    
Equity (As % Of Assets) % -54.3 -10.6 -5.24 -2.36 -1.70    
Loans (As % Of Deposits) % 37.1 79.4 62.6 49.9 47.9    
Loans (As % Assets) % 56.8 87.7 65.6 51.0 48.7    
Cost of Provisions (As % Of Loans) % 0 0 0 0 0    

Get all company financials in excel:

Download Sample   $19.99

Isbank's customer deposits fell 88.8% to BGN 0.587 mil in 2017

By Helgi Analytics - September 3, 2018

Isbank Bulgaria's customer deposits reached BGN 0.587 mil in 2017, down 88.8% compared to the previous year. Bulgarian banking sector accepted customer deposits of BGN 76.5 bil in 2017, up 5.94% when compared to the last year. Isbank Bulgaria accounted fo...

Isbank's net profit rose 4.45% to BGN -0.494 mil in 2017

By Helgi Analytics - September 3, 2018

Isbank Bulgaria made a net profit of BGN -0.494 mil under revenues of BGN 0.163 mil in 2017, up 4.45% and -68.1% respectively compared to the previous year. Historically, the bank’s net profit reached an all time high of BGN -0.133 mil in 2015 and an all time low of ...

Isbank's net interest income fell 35.0% to BGN 0.106 mil in 2017

By Helgi Analytics - September 3, 2018

Isbank Bulgaria generated total banking revenues of BGN 0.163 mil in 2017, down 68.1% 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 BGN 0.564 mil in 2015 an...

Isbank's customer loan growth fell 543% to -100% in 2017

By Helgi Analytics - September 3, 2018

Isbank Bulgaria's customer loan growth reached -100% in 2017, down from -15.6% compared to the previous year. Historically, the bank’s loans growth reached an all time high of 684% in 2012 and an all time low of -100% in 2017. In the last decade, the aver...

More News

Isbank Bulgaria Logo

Finance

Isbank Bulgaria has been growing its revenues and asset by -30.9% and -82.5% a year on average in the last 3 years. Its loans and deposits have grown by -100% and -69.9% a year during that time and loans to deposits ratio reached 0% at the end of 2017. The company achieved an average return on equity of 99.7% in the last three years with net profit growing -0.202% a year on average. In terms of operating efficiency, its cost to income ratio reached 403% in 2017, compared to 243% average in the last three years.

Equity represented -437% of total assets or of loans at the end of 2017. Isbank Bulgaria's non-performing loans were of total loans while provisions covered some of NPLs at the end of 2017.