Register

Institutional Sign In

Go
Home » Companies » Banking in Czechia » J&T Banka

J&T Banka

J&T Banka's net interest margin rose 16.0% yoy to 3.66% in 3Q2023

By Helgi Library - November 23, 2023

J&T Banka's net interest margin amounted to 3.66% in the third quarter of 2023, down from 3.70% when compared to the previou...

J&T Banka's total revenues rose 226% yoy to CZK 3,899 mil in 2Q2023

By Helgi Library - November 23, 2023

J&T Banka generated total banking revenues of CZK 3,899 mil in 2023-06-30, up 42.4% compared to the previous year. Cze...

J&T Banka's capital adequacy ratio fell 0.111% yoy to 22.4% in 3Q2023

By Helgi Library - November 23, 2023

J&T Banka's capital adequacy ratio reached 22.4% at the end of third quarter of 2023, up from 21.4% when compared to the prev...

Annual Quarterly LTM
Profit Statement Mar 2023 Jun 2023 Sep 2023
Net Interest Income CZK mil 1,875 2,339 2,418
Net Fee Income CZK mil 352 394 274
Other Income CZK mil 511 1,166 307
Total Revenues CZK mil 2,738 3,899 2,998
Staff Cost CZK mil 382 424 410
Operating Profit CZK mil 1,893 3,016 2,146
Provisions CZK mil 287 714 -12.9
Net Profit CZK mil 1,161 1,906 1,707
Balance Sheet Mar 2023 Jun 2023 Sep 2023
Interbank Loans CZK mil 149,333 146,477 172,360
Customer Loans CZK mil 59,499 59,142 59,148
Investments CZK mil 13,917 17,386 18,064
Total Assets CZK mil 252,079 254,008 273,743
Shareholders' Equity CZK mil 35,810 36,686 38,213
Interbank Borrowing CZK mil 8,177 7,932 9,397
Customer Deposits CZK mil 190,000 192,000 205,000
Issued Debt Securities CZK mil 9,248 9,223 12,675
Ratios Mar 2023 Jun 2023 Sep 2023
ROE % 13.1 21.0 18.2
ROA % 1.97 3.01 2.59
Costs (As % Of Assets) % 1.43 1.39 1.29
Costs (As % Of Income) % 30.9 22.6 28.4
Capital Adequacy Ratio % 20.6 21.4 22.4
Net Interest Margin % 3.18 3.70 3.66
Loans (As % Of Deposits) % 31.3 30.8 28.9
NPLs (As % Of Loans) % 8.12 8.68 8.67
Provisions (As % Of NPLs) % 79.4 80.7 80.7
Growth Rates Mar 2023 Jun 2023 Sep 2023
Total Revenue Growth % 23.6 226 -18.2
Operating Cost Growth % 21.2 26.3 20.8
Operating Profit Growth % 24.8 506 -27.5
Net Profit Growth % -0.433 499 -25.1
Customer Loan Growth % -2.90 -3.12 -2.81
Total Asset Growth % 20.7 3.67 13.5
Customer Deposit Growth % 16.9 -0.732 12.7
Shareholders' Equity Growth % 46.1 36.2 28.8
Employees 691 719 676

Get all company financials in excel:

Download Sample   $19.99

summary Unit Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023
income statement                                              
Net Interest Income CZK mil                                 1,362 1,475 1,921 1,883 1,875    
Total Revenues CZK mil                                 2,215 1,197 3,666 3,305 2,738    
Operating Profit CZK mil                                 1,517 498 2,961 2,643 1,893    
Net Profit CZK mil                                 1,166 318 2,277 358 1,161    
balance sheet                                              
Interbank Loans CZK mil                                 110,183 144,751 137,470 123,170 149,333    
Customer Loans CZK mil                                 61,277 61,049 60,857 58,835 59,499    
Investments CZK mil                                 14,583 14,687 29,047 13,101 13,917    
Total Assets CZK mil                                 208,916 245,007 241,188 220,172 252,079    
                                                 
Shareholders' Equity CZK mil                                 24,512 26,937 29,671 35,054 35,810    
Interbank Borrowing CZK mil                                 4,371 4,371 4,371 8,520 8,177    
Customer Deposits CZK mil                                 162,474 193,417 181,881 159,575 190,000    
Issued Debt Securities CZK mil                                 12,771 15,708 17,812 9,614 9,248    
ratios                                              
ROE % ...                               19.4 4.95 32.2 4.43 13.1    
ROA % ...                               2.31 0.561 3.75 0.622 1.97    
Costs (As % Of Assets) % ...                               1.38 1.23 1.16 1.15 1.43    
Costs (As % Of Income) %                                 31.5 58.4 19.2 20.0 30.9    
Capital Adequacy Ratio %                                 18.2 19.1 22.4 20.4 20.6    
Net Interest Margin % ...                               2.70 2.60 3.16 3.26 3.18    
Interest Income (As % Of Revenues) %                                 61.5 123 52.4 57.0 68.5    
Fee Income (As % Of Revenues) %                                 13.5 26.4 9.65 13.4 12.9    
Staff Cost (As % Of Total Cost) %                                 47.8 48.2 51.7 48.3 45.2    
Equity (As % Of Assets) %                                 11.7 11.0 12.3 15.9 14.2    
Loans (As % Of Deposits) %                                 37.7 31.6 33.5 36.9 31.3    
Loans (As % Assets) %                                 29.3 24.9 25.2 26.7 23.6    
NPLs (As % Of Loans) % ... ... ...                           8.43 8.58 8.66 8.21 8.12    
Provisions (As % Of NPLs) % ... ... ...                           53.8 54.4 54.8 79.4 79.4    
valuation                                              
Book Value Per Share Growth % ... ... ... ...                         50.1 59.9 110 52.3 37.6    
income statement Unit Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023
income statement                                              
Interest Income CZK mil                                 2,081 2,496 3,109 3,270 3,509    
Interest Cost CZK mil                                 718 1,021 1,188 1,387 1,634    
Net Interest Income CZK mil                                 1,362 1,475 1,921 1,883 1,875    
Net Fee Income CZK mil                                 300 316 354 444 352    
Fee Income CZK mil                                 374 391 431 531 428    
Fee Expense CZK mil                                 73.9 74.9 76.8 87.1 75.4    
Other Income CZK mil                                 553 -595 1,392 978 511    
Total Revenues CZK mil                                 2,215 1,197 3,666 3,305 2,738    
Staff Cost CZK mil                                 334 337 365 319 382    
Depreciation CZK mil                                 52.9 52.6 52.8 53.4 56.1    
Other Cost CZK mil                                 311 310 288 289 407    
Operating Cost CZK mil                                 698 699 705 661 845    
Operating Profit CZK mil                                 1,517 498 2,961 2,643 1,893    
Provisions CZK mil                                 -50.8 157 82.8 1,533 287    
Extra and Other Cost CZK mil                                 99.9 -13.2 39.2 424 < -0.001    
Pre-Tax Profit CZK mil                                 1,468 353 2,839 687 1,606    
Tax CZK mil                                 302 35.3 562 329 445    
Minorities CZK mil                                 0 0 0 0 0    
Net Profit CZK mil                                 1,166 318 2,277 358 1,161    
Net Profit Avail. to Common CZK mil                                 1,166 318 2,277 358 1,161    
growth rates                                              
Net Interest Income Growth % ... ... ... ...                         50.1 59.9 110 52.3 37.6    
Net Fee Income Growth % ... ... ... ...                         -11.8 29.7 21.5 30.7 17.5    
Total Revenue Growth % ... ... ... ...                         79.9 -15.1 141 224 23.6    
Operating Cost Growth % ... ... ... ...                         12.7 13.5 10.5 120 21.2    
Operating Profit Growth % ... ... ... ...                         148 -37.3 236 268 24.8    
Pre-Tax Profit Growth % ... ... ... ...                         267 -64.8 413 -977 9.40    
Net Profit Growth % ... ... ... ...                         263 -61.5 436 -413 -0.433    
market share                                              
Market Share in Revenues %                                 3.74 2.05 6.44 5.58 4.91    
Market Share in Net Profit %                                 4.97 1.02 8.38 1.75 5.50    
Market Share in Employees % ... ... ...                           1.55 1.60 1.69 1.70 1.77    
Market Share in Branches % ... ... ...                           0.373 0.389 0.389 0.393 0.479    
balance sheet Unit Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023
balance sheet                                              
Cash & Cash Equivalents CZK mil                                 7,272 7,943 7,309 1,156 4,784    
Interbank Loans CZK mil                                 110,183 144,751 137,470 123,170 149,333    
Customer Loans CZK mil                                 61,277 61,049 60,857 58,835 59,499    
Retail Loans CZK mil ... ... ... ...                         2,387 2,237 2,087 1,812 1,800    
Corporate Loans CZK mil ... ... ... ...                         60,000 60,000 60,000 59,363 60,000    
Investments CZK mil                                 14,583 14,687 29,047 13,101 13,917    
Property and Equipment CZK mil                                 1,685 1,648 1,611 1,653 1,630    
Intangible Assets CZK mil                                 147 156 156 204 197    
Total Assets CZK mil                                 208,916 245,007 241,188 220,172 252,079    
                                                 
Shareholders' Equity CZK mil                                 24,512 26,937 29,671 35,054 35,810    
Of Which Minority Interest CZK mil                                 0 0 0 0 0    
Liabilities CZK mil                                 184,404 218,070 211,517 185,118 216,268    
Interbank Borrowing CZK mil                                 4,371 4,371 4,371 8,520 8,177    
Customer Deposits CZK mil                                 162,474 193,417 181,881 159,575 190,000    
Retail Deposits CZK mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 104,889 ... ... ...
Issued Debt Securities CZK mil                                 12,771 15,708 17,812 9,614 9,248    
Other Liabilities CZK mil                                 4,787 4,574 7,453 7,408 8,842    
asset quality                                              
Non-Performing Loans CZK mil ... ... ...                           5,414 5,493 5,534 5,165 5,165    
Gross Loans CZK mil ... ... ...                           64,188 64,038 63,888 62,937 63,600    
Risk-Weighted Assets CZK mil                                 126,000 130,342 123,143 147,110 148,768    
Total Provisions CZK mil ... ... ...                           2,910 2,989 3,030 4,101 4,101    
growth rates                                              
Customer Loan Growth % ... ... ... ...                         -12.2 -6.87 -3.32 -4.62 -2.90    
Retail Loan Growth % ... ... ... ... ... ... ... ...                 72.2 27.9 -0.596 -28.6 -24.6    
Corporate Loan Growth % ... ... ... ... ... ... ... ...                 -12.3 -7.69 -3.23 -1.53 0    
Total Asset Growth % ... ... ... ...                         10.4 30.1 20.5 13.4 20.7    
Shareholders' Equity Growth % ... ... ... ...                         15.7 22.6 25.5 49.3 46.1    
Customer Deposit Growth % ... ... ... ...                         10.5 27.4 12.9 6.88 16.9    
market share                                              
Market Share in Customer Loans %                                 1.56 1.54 1.50 1.44 1.45    
Market Share in Corporate Loans % ... ... ... ...                         4.91 4.91 4.70 4.80 4.77    
Market Share in Retail Loans % ... ... ... ...                         0.115 0.107 0.098 0.085 0.083    
Market Share in Total Assets %                                 2.21 2.55 2.55 2.47 2.59    
Market Share in Customer Deposits %                                 2.63 3.05 2.83 2.72 2.87    
Market Share in Retail Deposits % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 3.09 ... ... ...
ratios Unit Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023
                                               
ROE % ...                               19.4 4.95 32.2 4.43 13.1    
ROTE % ...                               9.89 7.32 14.0 14.3 13.0    
ROE (@ 15% of RWA) % ...                               12.6 9.59 19.3 20.9 20.0    
ROA % ...                               2.31 0.561 3.75 0.622 1.97    
Return on Loans % ...                               3.75 2.93 5.98 6.88 6.95    
Operating Profit (As % of RWA) % ...                               3.22 2.90 4.53 5.79 5.82    
Costs (As % Of Assets) % ...                               1.38 1.23 1.16 1.15 1.43    
Costs (As % Of Income) %                                 31.5 58.4 19.2 20.0 30.9    
Costs (As % Of Loans) % ...                               4.54 4.57 4.63 4.42 5.71    
Costs (As % Of Loans & Deposits) %                                 1.25 1.10 1.16 1.21 1.35    
Capital Adequacy Ratio %                                 18.2 19.1 22.4 20.4 20.6    
Tier 1 Ratio %                                 18.2 19.1 22.4 20.2 20.5    
Net Interest Margin % ...                               2.70 2.60 3.16 3.26 3.18    
Interest Spread % ...                               2.51 2.37 2.90 2.87 2.69    
Asset Yield % ...                               4.13 4.40 5.12 5.67 5.94    
Revenues (As % of RWA) % ...                               7.11 3.73 11.6 9.78 7.40    
Cost Of Liabilities % ...                               1.62 2.03 2.21 2.80 3.26    
Interest Income (As % Of Revenues) %                                 61.5 123 52.4 57.0 68.5    
Fee Income (As % Of Revenues) %                                 13.5 26.4 9.65 13.4 12.9    
Other Income (As % Of Revenues) %                                 25.0 -49.7 38.0 29.6 18.7    
Staff Cost (As % Of Total Cost) %                                 47.8 48.2 51.7 48.3 45.2    
Equity (As % Of Assets) %                                 11.7 11.0 12.3 15.9 14.2    
Equity (As % Of Loans) %                                 40.0 44.1 48.8 59.6 60.2    
Loans (As % Of Deposits) %                                 37.7 31.6 33.5 36.9 31.3    
Loans (As % Assets) %                                 29.3 24.9 25.2 26.7 23.6    
NPLs (As % Of Loans) % ... ... ...                           8.43 8.58 8.66 8.21 8.12    
Provisions (As % Of NPLs) % ... ... ...                           53.8 54.4 54.8 79.4 79.4    
Provisions (As % Of Loans) % ... ... ...                           4.75 4.90 4.98 6.97 6.89    
Cost of Provisions (As % Of Loans) % ...                               -0.330 1.03 0.543 10.2 1.94    
other data Unit Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023
                                               
Branches ... ... ...                           6.00 6.00 6.00 6.00 7.00    
Employees ... ... ...                           614 626 664 671 691    
Employees Per Bank Branch ... ... ...                           102 104 111 112 98.6    
Cost Per Employee USD per month ... ... ...                           8,246 7,832 7,476 6,638 8,345    
Cost Per Employee (Local Currency) CZK per month ... ... ...                           181,050 179,297 183,159 158,646 184,472    

Get all company financials in excel:

Download Sample   $19.99

J&T Banka's net profit fell 25.1% yoy to CZK 1,707 mil in 3Q2023

By Helgi Library - November 23, 2023

J&T Banka made a net profit of CZK 1,707 mil in the third quarter of 2023, down 25.1% when compared to the same period of last year. This implies a return on equity of 18.2%. Historically, the bank’s net profit reached an all time high of CZK 2,277 mil in 3Q2...

J&T Banka's net profit fell 25.1% yoy to CZK 1,707 mil in 3Q2023

By Helgi Library - November 23, 2023

J&T Banka made a net profit of CZK 1,707 mil under revenues of CZK 2,998 mil in the third quarter of 2023, down 25.1% and 18.2% respectively when compared to the same period last year. Historically, the bank’s net profit reached an all time high of CZK 2,...

J&T Banka's employees rose 1.85% yoy to 676 in 3Q2023

By Helgi Library - November 23, 2023

J&T Banka employed 676 persons in 2023-09-30, down 6.02% when compared to the previous year. Historically, the bank's workforce hit an all time high of 719 persons in 2023-06-30 and an all time low of 521 in 2019-03-31. Average cost reached USD 9,032 per month...

J&T Banka's npls (as % of loans) rose 0.115% yoy to 8.67% in 3Q2023

By Helgi Library - November 23, 2023

J&T Banka's non-performing loans reached 8.67% of total loans at the end of 2023-09-30, up from 8.66% compared to the previous year. Historically, the NPL ratio hit an all time high of 13.1% in 2019-03-31 and an all time low of 4.87% in 2020-06-30. Prov...

J&T Banka - Market Share in Bank Loans

By Helgi Library - November 23, 2023

J&T Banka's customer loans reached CZK 59,142 mil in 2023-06-30, down 0.600% compared to the previous year. Czech banking sector provided customer loans of CZK 4,206 in 2023-06-30, up 2.15% when compared to the last year. J&T Banka accounted for 1...

J&T Banka - Market Share in Bank Deposits

By Helgi Library - November 23, 2023

J&T Banka's customer deposits reached CZK 192,000 mil in 2Q2023, up 1.05% compared to the previous year. Czech banking sector accepted customer deposits of CZK 6,832 bil in 2Q2023, up 3.12% when compared to the last year. J&T Banka accounted for 2...

J&T Banka's net interest income rose 25.9% yoy to CZK 2,418 mil in 3Q2023

By Helgi Library - November 23, 2023

J&T Banka generated total banking revenues of CZK 2,998 mil in the third quarter of 2023, down 18.2% when compared to the same period of last year and 23.1% when compared to the previous quarter. Historically, the bank’s revenues containing of interest, ...

J&T Banka - Market Share in Retail Loans

By Helgi Library - November 23, 2023

J&T Banka's retail loans reached CZK 1,800 mil in the second quarter of 2023, down 0% compared to the previous year. Czech banking sector provided retail loans of CZK 2,203 bil in 2Q2023, up 2.19% when compared to the last year. J&T Banka accounte...

J&T Banka's costs (as % of assets) rose 11.3% yoy to 1.29% in 3Q2023

By Helgi Library - November 23, 2023

J&T Banka's cost to income ratio reached 28.4% in the third quarter of 2023, up from 22.6% when compared to the previous quarter. Historically, the bank’s costs reached an all time high of 65.3% of income in 1Q2020 and an all time low of 19.2% in 3Q2022....

J&T Banka's customer loan growth rose 15.5% yoy to -2.81% in 3Q2023

By Helgi Library - November 23, 2023

J&T Banka's customer loan growth reached -2.81% in 2023-09-30, up from -3.32% compared to the previous year. Historically, the bank’s loans growth reached an all time high of 36.8% in 2020-06-30 and an all time low of -68.9% in 2019-06-30. In the last...

More News

J&T Banka is a Czech Republic-based bank, It is a subsidiary of J&T Group, which provides investment, corporate, and retail banking services in the Czech Republic, Slovakia, and Russia. The Bank offers bank deposits, investments and advisory services comprising portfolio management, asset structuring, and concierge services. The Bank also provides financing products, which include loan financing, securities financing, and current accounts; and other banking services, such as payment cards. J&T Group is an investment group founded in 1993 in Slovakia. J&T invests mainly into the financial services, energy sector, real estate, health care, media and sports. The name of the company is derived from the family names of its two founders Ivan Jakabovič and Patrik Tkáč

J&T Banka Logo

Finance

J&T Banka has been growing its revenues and asset by 12.4% and 9.55% a year on average in the last 10 years. Its loans and deposits have grown by 3.64% and 9.56% a year during that time and loans to deposits ratio reached 36.9% at the end of 2022. The company achieved an average return on equity of 8.68% in the last decade with net profit growing 15.0% a year on average. In terms of operating efficiency, its cost to income ratio reached 26.6% in 2022, compared to 51.9% average in the last decade.

Equity represented 15.9% of total assets or 59.6% of loans at the end of 2022. J&T Banka's non-performing loans were 8.21% of total loans while provisions covered some 79.4% of NPLs at the end of 2022.

More Companies in Czech Banking Sector

Helgi Library
Eliášova 38, Prague 6, 160 00, Czech Republic
Copyright © 2024 Helgi Library. All rights reserved.