By Helgi Analytics - February 20, 2022
Komercni Banka employed 7,687 persons in 2021-12-31, down 0.237% when compared to the previous year. Historically, the bank's wo...
By Helgi Analytics - February 20, 2022
Komercni Banka employed 7,687 persons in 2021-12-31, down 0.237% compared to the previous year. Historically, the bank's workfor...
By Helgi Analytics - February 20, 2022
Komercni Banka's retail loans reached CZK 403,900 mil in the fourth quarter of 2021, up 1.99% compared to the previous year. Cz...
| Profit Statement | 2019 | 2020 | 2021 | |
| Net Interest Income | CZK mil | 23,591 | 21,361 | 21,794 |
| Net Fee Income | CZK mil | 5,984 | 5,211 | 5,712 |
| Other Income | CZK mil | 2,998 | 3,091 | 3,841 |
| Total Revenues | CZK mil | 32,573 | 29,663 | 31,347 |
| Staff Cost | CZK mil | 7,780 | 7,650 | 7,539 |
| Operating Profit | CZK mil | 17,642 | 14,669 | 16,248 |
| Provisions | CZK mil | -571 | 4,578 | 731 |
| Net Profit | CZK mil | 14,901 | 8,157 | 12,992 |
| Balance Sheet | 2019 | 2020 | 2021 | |
| Interbank Loans | CZK mil | 244,561 | 262,606 | 257,196 |
| Customer Loans | CZK mil | 647,259 | 679,955 | 724,587 |
| Investments | CZK mil | 131,183 | 158,916 | 190,923 |
| Total Assets | CZK mil | 1,077,330 | 1,167,130 | 1,244,350 |
| Shareholders' Equity | CZK mil | 108,635 | 117,058 | 126,782 |
| Interbank Borrowing | CZK mil | 99,255 | 120,501 | 158,262 |
| Customer Deposits | CZK mil | 816,301 | 906,217 | 956,929 |
| Issued Debt Securities | CZK mil | 8,716 | 3,777 | 16,156 |
| Ratios | 2019 | 2020 | 2021 | |
| ROE | % | 14.1 | 7.23 | 10.7 |
| ROA | % | 1.39 | 0.727 | 1.08 |
| Costs (As % Of Assets) | % | 1.40 | 1.34 | 1.25 |
| Costs (As % Of Income) | % | 45.8 | 50.5 | 48.2 |
| Capital Adequacy Ratio | % | 19.7 | 22.3 | 21.3 |
| Net Interest Margin | % | 2.21 | 1.90 | 1.81 |
| Loans (As % Of Deposits) | % | 79.3 | 75.0 | 75.7 |
| NPLs (As % Of Loans) | % | 2.13 | 2.63 | 2.49 |
| Provisions (As % Of NPLs) | % | 72.4 | 62.9 | 51.6 |
| Valuation | 2019 | 2020 | 2021 | |
| Market Capitalisation | USD mil | 6,918 | 5,776 | 8,044 |
| Number Of Shares | mil | 189 | 190 | 189 |
| Share Price | CZK | 830 | 657 | 935 |
| Price/Earnings (P/E) | 10.6 | 15.2 | 13.6 | |
| Price/Book Value (P/BV) | 1.44 | 1.06 | 1.39 | |
| Dividend Yield | % | 0 | 4.26 | 2.55 |
| Earnings Per Share (EPS) | CZK | 78.1 | 43.2 | 68.8 |
| Book Value Per Share | CZK | 575 | 617 | 671 |
| Dividend Per Share | CZK | 0 | 28.0 | 23.9 |
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 |
| income statement | ||||||||||||||||||||||||||||||
| Net Interest Income | CZK mil | 21,357 | 21,069 | 20,808 | 22,704 | 23,591 | ||||||||||||||||||||||||
| Total Revenues | CZK mil | 31,044 | 31,753 | 31,060 | 32,203 | 32,573 | ||||||||||||||||||||||||
| Operating Profit | CZK mil | 16,692 | 17,726 | 17,685 | 17,568 | 17,642 | ||||||||||||||||||||||||
| Net Profit | CZK mil | 12,759 | 13,689 | 14,930 | 14,846 | 14,901 | ||||||||||||||||||||||||
| balance sheet | ||||||||||||||||||||||||||||||
| Interbank Loans | CZK mil | 47,799 | 51,771 | 222,821 | 256,268 | 244,561 | ||||||||||||||||||||||||
| Customer Loans | CZK mil | 532,617 | 580,198 | 593,639 | 624,954 | 647,259 | ||||||||||||||||||||||||
| Investments | CZK mil | 138,145 | 134,591 | 108,468 | 117,760 | 131,183 | ||||||||||||||||||||||||
| Total Assets | CZK mil | 891,556 | 922,737 | 1,004,040 | 1,059,930 | 1,077,330 | ||||||||||||||||||||||||
| Shareholders' Equity | CZK mil | 106,229 | 105,401 | 100,346 | 103,329 | 108,635 | ||||||||||||||||||||||||
| Interbank Borrowing | CZK mil | 56,231 | 54,125 | 84,051 | 109,162 | 99,255 | ||||||||||||||||||||||||
| Customer Deposits | CZK mil | 656,287 | 699,377 | 762,043 | 795,560 | 816,301 | ||||||||||||||||||||||||
| Issued Debt Securities | CZK mil | 21,403 | 13,423 | 7,392 | 5,118 | 8,716 | ||||||||||||||||||||||||
| ratios | ||||||||||||||||||||||||||||||
| ROE | % | ... | 11.8 | 12.9 | 14.5 | 14.6 | 14.1 | |||||||||||||||||||||||
| ROA | % | ... | 1.38 | 1.51 | 1.55 | 1.44 | 1.39 | |||||||||||||||||||||||
| Costs (As % Of Assets) | % | ... | 1.56 | 1.55 | 1.39 | 1.42 | 1.40 | |||||||||||||||||||||||
| Costs (As % Of Income) | % | 46.2 | 44.2 | 43.1 | 45.4 | 45.8 | ||||||||||||||||||||||||
| Capital Adequacy Ratio | % | ... | ... | ... | ... | 16.3 | 16.2 | 18.6 | 18.5 | 19.7 | ||||||||||||||||||||
| Net Interest Margin | % | ... | 2.32 | 2.32 | 2.16 | 2.20 | 2.21 | |||||||||||||||||||||||
| Interest Income (As % Of Revenues) | % | 68.8 | 66.4 | 67.0 | 70.5 | 72.4 | ||||||||||||||||||||||||
| Fee Income (As % Of Revenues) | % | 22.4 | 21.0 | 20.8 | 18.7 | 18.4 | ||||||||||||||||||||||||
| Staff Cost (As % Of Total Cost) | % | 47.3 | 50.1 | 54.7 | 53.5 | 52.1 | ||||||||||||||||||||||||
| Equity (As % Of Assets) | % | 11.9 | 11.4 | 9.99 | 9.75 | 10.1 | ||||||||||||||||||||||||
| Loans (As % Of Deposits) | % | 81.2 | 83.0 | 77.9 | 78.6 | 79.3 | ||||||||||||||||||||||||
| Loans (As % Assets) | % | 59.7 | 62.9 | 59.1 | 59.0 | 60.1 | ||||||||||||||||||||||||
| NPLs (As % Of Loans) | % | ... | ... | ... | ... | ... | 2.80 | 2.50 | 3.04 | 2.72 | 2.13 | |||||||||||||||||||
| Provisions (As % Of NPLs) | % | ... | ... | ... | ... | ... | 103 | 105 | 68.5 | 70.4 | 72.4 | |||||||||||||||||||
| valuation | ||||||||||||||||||||||||||||||
| Market Capitalisation | USD mil | ... | ... | 7,519 | 6,523 | 8,135 | 7,118 | 6,918 | ||||||||||||||||||||||
| Number Of Shares | mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 189 | 189 | 189 | 189 | 189 | |||||||||||||
| Share Price | CZK | ... | ... | 990 | 885 | 915 | 847 | 830 | ||||||||||||||||||||||
| Earnings Per Share (EPS) | CZK | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 69.5 | 72.4 | 76.1 | 78.6 | 78.1 | |||||||||||||
| Book Value Per Share | CZK | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 562 | 558 | 531 | 547 | 575 | |||||||||||||
| Dividend Per Share | CZK | ... | ... | 62.0 | 40.0 | 47.0 | 51.0 | 0 | ||||||||||||||||||||||
| Price/Earnings (P/E) | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 14.3 | 12.2 | 12.0 | 10.8 | 10.6 | ||||||||||||||
| Price/Book Value (P/BV) | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 1.76 | 1.59 | 1.72 | 1.55 | 1.44 | ||||||||||||||
| Dividend Yield | % | ... | ... | 6.26 | 4.52 | 5.14 | 6.02 | 0 | ||||||||||||||||||||||
| Earnings Per Share Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 1.26 | 4.24 | 5.12 | 3.24 | -0.583 | ||||||||||||
| Book Value Per Share Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | -2.98 | -0.777 | -4.80 | 2.97 | 5.14 |
| 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 |
| income statement | ||||||||||||||||||||||||||||||
| Interest Income | CZK mil | 28,622 | 26,757 | 26,647 | 33,643 | 44,006 | ||||||||||||||||||||||||
| Interest Cost | CZK mil | 7,268 | 5,692 | 5,843 | 10,939 | 20,415 | ||||||||||||||||||||||||
| Net Interest Income | CZK mil | 21,357 | 21,069 | 20,808 | 22,704 | 23,591 | ||||||||||||||||||||||||
| Net Fee Income | CZK mil | 6,968 | 6,683 | 6,465 | 6,025 | 5,984 | ||||||||||||||||||||||||
| Fee Income | CZK mil | 8,552 | 7,914 | 7,450 | 7,151 | 7,136 | ... | |||||||||||||||||||||||
| Fee Expense | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 1,584 | 1,231 | 1,166 | 1,126 | 1,153 | ... | ... | ||||||||||||
| Other Income | CZK mil | 2,719 | 4,001 | 3,787 | 3,474 | 2,998 | ||||||||||||||||||||||||
| Total Revenues | CZK mil | 31,044 | 31,753 | 31,060 | 32,203 | 32,573 | ||||||||||||||||||||||||
| Staff Cost | CZK mil | 6,793 | 7,029 | 7,321 | 7,827 | 7,780 | ||||||||||||||||||||||||
| Depreciation | CZK mil | ... | ... | ... | ... | 2,240 | 1,744 | 786 | 1,856 | 2,458 | ||||||||||||||||||||
| Other Cost | CZK mil | ... | ... | ... | ... | 5,319 | 5,254 | 5,268 | 4,952 | 4,693 | ||||||||||||||||||||
| Operating Cost | CZK mil | 14,352 | 14,027 | 13,375 | 14,635 | 14,931 | ||||||||||||||||||||||||
| Operating Profit | CZK mil | 16,692 | 17,726 | 17,685 | 17,568 | 17,642 | ||||||||||||||||||||||||
| Provisions | CZK mil | 1,075 | 1,817 | -391 | -642 | -571 | ||||||||||||||||||||||||
| Extra and Other Cost | CZK mil | -153 | -964 | -210 | -310 | -378 | ||||||||||||||||||||||||
| Pre-Tax Profit | CZK mil | 15,770 | 16,873 | 18,286 | 18,520 | 18,591 | ||||||||||||||||||||||||
| Tax | CZK mil | 2,637 | 2,799 | 3,012 | 3,349 | 3,419 | ||||||||||||||||||||||||
| Minorities | CZK mil | 374 | 386 | 344 | 325 | 271 | ||||||||||||||||||||||||
| Net Profit | CZK mil | 12,759 | 13,689 | 14,930 | 14,846 | 14,901 | ||||||||||||||||||||||||
| Net Profit Avail. to Common | CZK mil | 12,759 | 13,689 | 14,930 | 14,846 | 14,901 | ||||||||||||||||||||||||
| Dividends | CZK mil | 11,709 | 7,602 | 8,932 | 9,693 | 0 | ||||||||||||||||||||||||
| growth rates | ||||||||||||||||||||||||||||||
| Net Interest Income Growth | % | ... | -0.308 | -1.35 | -1.24 | 9.11 | 3.91 | |||||||||||||||||||||||
| Net Fee Income Growth | % | ... | 3.20 | -4.09 | -3.26 | -6.81 | -0.680 | |||||||||||||||||||||||
| Total Revenue Growth | % | ... | 1.20 | 2.28 | -2.18 | 3.68 | 1.15 | |||||||||||||||||||||||
| Operating Cost Growth | % | ... | 9.86 | -2.26 | -4.65 | 9.42 | 2.02 | |||||||||||||||||||||||
| Operating Profit Growth | % | ... | -5.22 | 6.19 | -0.231 | -0.662 | 0.421 | |||||||||||||||||||||||
| Pre-Tax Profit Growth | % | ... | -1.43 | 6.99 | 8.37 | 1.28 | 0.383 | |||||||||||||||||||||||
| Net Profit Growth | % | ... | -1.51 | 7.29 | 9.07 | -0.563 | 0.370 | |||||||||||||||||||||||
| market share | ||||||||||||||||||||||||||||||
| Market Share in Revenues | % | 17.8 | 17.6 | 17.3 | 16.9 | 16.1 | ... | |||||||||||||||||||||||
| Market Share in Net Profit | % | ... | ... | ... | ... | 19.2 | 18.5 | 19.8 | 18.2 | 16.4 | ... | |||||||||||||||||||
| Market Share in Employees | % | ... | 20.8 | 21.0 | 20.8 | 20.2 | 20.1 | ... | ||||||||||||||||||||||
| Market Share in Bank Cards | % | ... | ... | ... | ... | ... | ... | ... | 14.2 | 14.1 | 15.0 | 14.1 | 12.9 | ... | ||||||||||||||||
| Market Share in Debit Cards | % | ... | ... | ... | ... | ... | ... | ... | 15.5 | 15.2 | 15.5 | 14.0 | 12.3 | ... | ||||||||||||||||
| Market Share in Credit Cards | % | ... | ... | ... | ... | ... | ... | ... | 9.94 | 10.4 | 15.4 | 17.5 | 17.5 | ... | ||||||||||||||||
| Market Share in Branches | % | ... | ... | ... | 19.0 | 19.8 | 20.6 | 19.8 | 19.3 | ... |
| 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 |
| balance sheet | ||||||||||||||||||||||||||||||
| Cash & Cash Equivalents | CZK mil | 128,336 | 112,241 | 32,663 | 24,851 | 17,744 | ||||||||||||||||||||||||
| Interbank Loans | CZK mil | 47,799 | 51,771 | 222,821 | 256,268 | 244,561 | ||||||||||||||||||||||||
| Customer Loans | CZK mil | 532,617 | 580,198 | 593,639 | 624,954 | 647,259 | ||||||||||||||||||||||||
| Retail Loans | CZK mil | ... | ... | ... | ... | ... | ... | 252,600 | 281,800 | 299,500 | 313,300 | 324,800 | ||||||||||||||||||
| Mortgage Loans | CZK mil | ... | ... | ... | ... | ... | ... | 185,000 | 207,800 | 218,900 | 223,900 | 229,400 | ||||||||||||||||||
| Consumer Loans | CZK mil | ... | ... | ... | ... | ... | ... | 30,600 | 35,200 | 37,000 | 38,700 | 39,200 | ||||||||||||||||||
| Corporate Loans | CZK mil | ... | ... | ... | ... | ... | ... | 261,924 | 286,270 | 286,502 | 349,400 | 292,242 | ||||||||||||||||||
| Investments | CZK mil | 138,145 | 134,591 | 108,468 | 117,760 | 131,183 | ||||||||||||||||||||||||
| Property and Equipment | CZK mil | 6,844 | 6,666 | 7,404 | 7,676 | 10,528 | ||||||||||||||||||||||||
| Intangible Assets | CZK mil | ... | ... | ... | ... | ... | ... | ... | 7,619 | 7,638 | 8,436 | 9,001 | 9,770 | |||||||||||||||||
| Goodwill | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 3,752 | 3,752 | 3,752 | 3,752 | 3,752 | ||||||||
| Total Assets | CZK mil | 891,556 | 922,737 | 1,004,040 | 1,059,930 | 1,077,330 | ||||||||||||||||||||||||
| Shareholders' Equity | CZK mil | 106,229 | 105,401 | 100,346 | 103,329 | 108,635 | ||||||||||||||||||||||||
| Of Which Minority Interest | CZK mil | 3,816 | 3,831 | 3,797 | 3,398 | 3,095 | ||||||||||||||||||||||||
| Liabilities | CZK mil | 785,327 | 817,336 | 903,693 | 956,603 | 968,699 | ||||||||||||||||||||||||
| Interbank Borrowing | CZK mil | 56,231 | 54,125 | 84,051 | 109,162 | 99,255 | ||||||||||||||||||||||||
| Customer Deposits | CZK mil | 656,287 | 699,377 | 762,043 | 795,560 | 816,301 | ||||||||||||||||||||||||
| Retail Deposits | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 197,400 | 294,200 | 314,200 | 338,400 | 347,600 | ||||||
| Corporate Deposits | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 385,000 | 394,500 | 432,300 | 446,300 | 462,400 | ||||||
| Sight Deposits | CZK mil | 449,672 | 496,353 | 556,897 | 722,900 | 722,900 | ... | |||||||||||||||||||||||
| Term Deposits | CZK mil | 189,815 | 190,460 | 191,602 | 61,800 | 61,800 | ... | |||||||||||||||||||||||
| Issued Debt Securities | CZK mil | 21,403 | 13,423 | 7,392 | 5,118 | 8,716 | ||||||||||||||||||||||||
| Subordinated Debt | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | |||||||||||||
| Other Liabilities | CZK mil | 51,406 | 50,411 | 50,207 | 46,763 | 44,427 | ||||||||||||||||||||||||
| asset quality | ||||||||||||||||||||||||||||||
| Non-Performing Loans | CZK mil | ... | ... | ... | ... | ... | 15,350 | 14,885 | 18,600 | 17,300 | 14,000 | |||||||||||||||||||
| Gross Loans | CZK mil | 548,451 | 595,781 | 610,849 | 637,125 | 657,395 | ||||||||||||||||||||||||
| Risk-Weighted Assets | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 407,638 | 442,866 | 424,565 | 451,052 | 439,237 | |||||||||||
| Total Provisions | CZK mil | 15,834 | 15,583 | 12,747 | 12,171 | 10,136 | ||||||||||||||||||||||||
| growth rates | ||||||||||||||||||||||||||||||
| Customer Loan Growth | % | ... | 7.66 | 8.93 | 2.32 | 5.28 | 3.57 | |||||||||||||||||||||||
| Retail Loan Growth | % | ... | ... | ... | ... | ... | ... | ... | 12.4 | 11.6 | 6.28 | 4.61 | 3.67 | |||||||||||||||||
| Mortgage Loan Growth | % | ... | ... | ... | ... | ... | ... | ... | 15.8 | 12.3 | 5.34 | 2.28 | 2.46 | |||||||||||||||||
| Consumer Loan Growth | % | ... | ... | ... | ... | ... | ... | ... | 5.52 | 15.0 | 5.11 | 4.59 | 1.29 | |||||||||||||||||
| Corporate Loan Growth | % | ... | ... | ... | ... | ... | ... | ... | 4.75 | 9.30 | 0.081 | 22.0 | -16.4 | |||||||||||||||||
| Total Asset Growth | % | ... | -6.47 | 3.50 | 8.81 | 5.57 | 1.64 | |||||||||||||||||||||||
| Shareholders' Equity Growth | % | ... | -2.98 | -0.779 | -4.80 | 2.97 | 5.14 | |||||||||||||||||||||||
| Customer Deposit Growth | % | ... | -6.49 | 6.57 | 8.96 | 4.40 | 2.61 | |||||||||||||||||||||||
| Retail Deposit Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 10.7 | 49.0 | 6.80 | 7.70 | 2.72 | |||||
| Corporate Deposit Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 1.56 | 2.47 | 9.58 | 3.24 | 3.61 | |||||
| market share | ||||||||||||||||||||||||||||||
| Market Share in Customer Loans | % | 19.1 | 19.7 | 19.2 | 18.9 | 18.8 | ||||||||||||||||||||||||
| Market Share in Corporate Loans | % | ... | ... | ... | ... | ... | ... | 28.4 | 29.3 | 28.0 | 32.3 | 26.1 | ||||||||||||||||||
| Market Share in Retail Loans | % | ... | ... | ... | ... | ... | ... | 8.70 | 9.60 | 9.69 | 9.68 | 9.44 | ||||||||||||||||||
| Market Share in Consumer Loans | % | ... | ... | ... | ... | ... | ... | 19.1 | 19.8 | 19.6 | 19.0 | 18.6 | ||||||||||||||||||
| Market Share in Mortgage Loans | % | ... | ... | ... | ... | ... | ... | 19.0 | 19.7 | 19.1 | 18.0 | 17.3 | ||||||||||||||||||
| Market Share in Total Assets | % | 16.1 | 15.3 | 14.2 | 14.5 | 14.3 | ||||||||||||||||||||||||
| Market Share in Customer Deposits | % | 18.6 | 18.6 | 18.3 | 17.9 | 17.2 | ||||||||||||||||||||||||
| Market Share in Retail Deposits | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 9.70 | 13.3 | 13.3 | 13.2 | 12.8 | ||||||
| Market Share in Corporate Deposits | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 41.8 | 43.1 | 43.4 | 42.9 | 42.2 |
| 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 |
| ROE | % | ... | 11.8 | 12.9 | 14.5 | 14.6 | 14.1 | |||||||||||||||||||||||
| ROTE | % | ... | ... | ... | ... | ... | ... | ... | ... | 12.7 | 13.9 | 15.7 | 15.9 | 15.4 | ||||||||||||||||
| ROE (@ 15% of RWA) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 21.5 | 21.5 | 22.9 | 22.6 | 22.3 | ||||||||||
| ROA | % | ... | 1.38 | 1.51 | 1.55 | 1.44 | 1.39 | |||||||||||||||||||||||
| Return on Loans | % | ... | 2.48 | 2.46 | 2.54 | 2.44 | 2.34 | |||||||||||||||||||||||
| Operating Profit (As % of RWA) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 4.22 | 4.17 | 4.08 | 4.01 | 3.96 | ||||||||||
| Costs (As % Of Assets) | % | ... | 1.56 | 1.55 | 1.39 | 1.42 | 1.40 | |||||||||||||||||||||||
| Costs (As % Of Income) | % | 46.2 | 44.2 | 43.1 | 45.4 | 45.8 | ||||||||||||||||||||||||
| Costs (As % Of Loans) | % | ... | 2.79 | 2.52 | 2.28 | 2.40 | 2.35 | |||||||||||||||||||||||
| Costs (As % Of Loans & Deposits) | % | ... | 1.20 | 1.14 | 1.02 | 1.05 | 1.04 | |||||||||||||||||||||||
| Capital Adequacy Ratio | % | ... | ... | ... | ... | 16.3 | 16.2 | 18.6 | 18.5 | 19.7 | ||||||||||||||||||||
| Tier 1 Ratio | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 16.3 | 16.2 | 18.0 | 17.9 | 19.1 | ||||||||||||||
| Net Interest Margin | % | ... | 2.32 | 2.32 | 2.16 | 2.20 | 2.21 | |||||||||||||||||||||||
| Interest Spread | % | ... | 2.21 | 2.24 | 2.09 | 2.08 | 2.00 | |||||||||||||||||||||||
| Asset Yield | % | ... | 3.10 | 2.95 | 2.77 | 3.26 | 4.12 | |||||||||||||||||||||||
| Revenues (As % of RWA) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 7.84 | 7.47 | 7.16 | 7.36 | 7.32 | ||||||||||
| Cost Of Liabilities | % | ... | 0.892 | 0.710 | 0.679 | 1.18 | 2.12 | |||||||||||||||||||||||
| Payout Ratio | % | 91.8 | 55.5 | 59.8 | 65.3 | 0 | ||||||||||||||||||||||||
| Interest Income (As % Of Revenues) | % | 68.8 | 66.4 | 67.0 | 70.5 | 72.4 | ||||||||||||||||||||||||
| Fee Income (As % Of Revenues) | % | 22.4 | 21.0 | 20.8 | 18.7 | 18.4 | ||||||||||||||||||||||||
| Other Income (As % Of Revenues) | % | 8.76 | 12.6 | 12.2 | 10.8 | 9.20 | ||||||||||||||||||||||||
| Staff Cost (As % Of Total Cost) | % | 47.3 | 50.1 | 54.7 | 53.5 | 52.1 | ||||||||||||||||||||||||
| Equity (As % Of Assets) | % | 11.9 | 11.4 | 9.99 | 9.75 | 10.1 | ||||||||||||||||||||||||
| Equity (As % Of Loans) | % | 19.9 | 18.2 | 16.9 | 16.5 | 16.8 | ||||||||||||||||||||||||
| Loans (As % Of Deposits) | % | 81.2 | 83.0 | 77.9 | 78.6 | 79.3 | ||||||||||||||||||||||||
| Loans (As % Assets) | % | 59.7 | 62.9 | 59.1 | 59.0 | 60.1 | ||||||||||||||||||||||||
| NPLs (As % Of Loans) | % | ... | ... | ... | ... | ... | 2.80 | 2.50 | 3.04 | 2.72 | 2.13 | |||||||||||||||||||
| Provisions (As % Of NPLs) | % | ... | ... | ... | ... | ... | 103 | 105 | 68.5 | 70.4 | 72.4 | |||||||||||||||||||
| Provisions (As % Of Loans) | % | 2.97 | 2.69 | 2.15 | 1.95 | 1.57 | ||||||||||||||||||||||||
| Cost of Provisions (As % Of Loans) | % | ... | 0.209 | 0.327 | -0.067 | -0.105 | -0.090 |
| 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 |
| Branches | ... | ... | ... | 411 | 406 | 401 | 388 | 366 | ||||||||||||||||||||||
| ATMs | ... | ... | ... | 772 | 768 | 764 | 776 | 796 | ||||||||||||||||||||||
| ATMs (As % of Bank Branches) | % | ... | ... | ... | 188 | 189 | 191 | 200 | 217 | |||||||||||||||||||||
| Employees | 8,575 | 8,615 | 8,696 | 8,454 | 8,351 | |||||||||||||||||||||||||
| Employees Per Bank Branch | ... | ... | ... | 20.9 | 21.2 | 21.7 | 21.8 | 22.8 | ||||||||||||||||||||||
| Cost Per Employee | USD per month | 2,766 | 2,695 | 2,990 | 3,526 | 3,444 | ||||||||||||||||||||||||
| Cost Per Employee (Local Currency) | CZK per month | 66,016 | 67,992 | 70,157 | 77,153 | 77,635 | ||||||||||||||||||||||||
| Employee Turnover | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 13.5 | 13.0 | 16.0 | 15.8 | ... | ... |
| Women (As % of Workforce) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 67.0 | 67.0 | 66.0 | 65.0 | 64.0 | ... | ... |
| 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 |
| Customers | mil | ... | ... | ... | ... | ... | ... | ... | 1.65 | 1.65 | 1.66 | 1.67 | 1.66 | |||||||||||||||||
| Number of Primary Customers | mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 1.34 | 1.39 | 1.42 | 1.46 | 1.42 | ... | ||||||||
| Payment Cards | mil | ... | ... | ... | ... | ... | ... | ... | 1.62 | 1.60 | 1.69 | 1.67 | 1.68 | |||||||||||||||||
| Debit Cards | mil | ... | ... | ... | ... | ... | ... | ... | 1.42 | 1.40 | 1.40 | 1.39 | 1.40 | |||||||||||||||||
| Credit Cards | mil | ... | ... | ... | ... | ... | ... | ... | 0.201 | 0.194 | 0.294 | 0.282 | 0.274 | |||||||||||||||||
| Number of Mortgages | mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 0.144 | 0.154 | 0.157 | 0.154 | 0.159 | ... | |||
| Average Size of Mortgage Loan | CZK | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 1,282,000 | 1,352,000 | 1,393,000 | 1,451,000 | 1,444,000 | ... | |||
| Primary (As % of Total Clients) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 81.4 | 83.9 | 85.5 | 87.2 | 85.5 | ... | ||||||||
| Mortgages (As % of Total Clients) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 8.76 | 9.29 | 9.44 | 9.25 | 9.55 | ... | |||
| Payments Cards (As % of Total Clients) | % | ... | ... | ... | ... | ... | ... | ... | 98.2 | 96.4 | 102 | 100 | 101 | |||||||||||||||||
| Debit Cards (As % of Total Clients) | % | ... | ... | ... | ... | ... | ... | ... | 86.0 | 84.7 | 84.1 | 83.2 | 84.3 | |||||||||||||||||
| Credit Cards (As % of Total Clients) | % | ... | ... | ... | ... | ... | ... | ... | 12.2 | 11.7 | 17.7 | 16.9 | 16.5 | |||||||||||||||||
| Market Value per Customer (Local Currency) | CZK | ... | ... | ... | ... | ... | ... | ... | 113,323 | 101,116 | 104,083 | 95,876 | 94,049 | |||||||||||||||||
| Revenue per Customer (Local Currency) | CZK | ... | ... | ... | ... | ... | ... | ... | 18,849 | 19,198 | 18,666 | 19,306 | 19,575 | |||||||||||||||||
| Net Profit per Customer (Local Currency) | CZK | ... | ... | ... | ... | ... | ... | ... | 7,747 | 8,276 | 8,972 | 8,900 | 8,955 | |||||||||||||||||
| Loan per Customer (Local Currency) | CZK | ... | ... | ... | ... | ... | ... | ... | 323,386 | 350,785 | 356,754 | 374,673 | 388,978 | |||||||||||||||||
| Deposit per Customer (Local Currency) | CZK | ... | ... | ... | ... | ... | ... | ... | 398,474 | 422,840 | 457,959 | 476,954 | 490,566 | |||||||||||||||||
| Market Value per Customer | USD | ... | ... | ... | ... | ... | ... | ... | 4,565 | 3,944 | 4,889 | 4,268 | 4,158 | |||||||||||||||||
| Revenue per Customer | USD | ... | ... | ... | ... | ... | ... | ... | 790 | 761 | 795 | 882 | 868 | |||||||||||||||||
| Net Profit per Customer | USD | ... | ... | ... | ... | ... | ... | ... | 325 | 328 | 382 | 407 | 397 | |||||||||||||||||
| Loan per Customer | USD | ... | ... | ... | ... | ... | ... | ... | 13,027 | 13,682 | 16,756 | 16,677 | 17,195 | |||||||||||||||||
| Deposit per Customer | USD | ... | ... | ... | ... | ... | ... | ... | 16,052 | 16,492 | 21,510 | 21,230 | 21,686 |
Get all company financials in excel:
By Helgi Analytics - February 20, 2022
Komercni Banka's mortgage loans reached CZK 262,700 mil in 2021-12-31, up 1.70% compared to the previous year. Czech banking sector provided mortgage loans of CZK 1,595 bil in 2021-12-31, up 2.84% when compared to the last year. Komercni Banka accounted f...
By Helgi Analytics - February 20, 2022
Komercni Banka made a net profit of CZK 4,232 mil under revenues of CZK 8,719 mil in the fourth quarter of 2021, up 99.4% and 19.1% respectively when compared to the same period last year. Historically, the bank’s net profit reached an all time high of CZK 5,...
By Helgi Analytics - February 20, 2022
Komercni Banka made a net profit of CZK 4,232 mil in the fourth quarter of 2021, up 99.4% when compared to the same period of last year. This implies a return on equity of 13.3%. Historically, the bank’s net profit reached an all time high of CZK 5,564 mil in 4Q2...
By Helgi Analytics - August 1, 2022
Mortgage loans grew 9.55% yoy in the last 12 months and were up 2.80% qoq in the last quarter. At the end of June, mortgages formed 40.7% of total loans and 25.5% of GDP. Overall, CSOB was the largest mortgage lender with 31.3% of the marke...
By Helgi Analytics - February 20, 2022
Komercni Banka's customer loans reached CZK 724,587 mil in 2021-12-31, up 2.08% compared to the previous year. Czech banking sector provided customer loans of CZK 3,848 bil in 2021-12-31, up 1.87% when compared to the last year. Komercni Banka accounted f...
By Helgi Analytics - February 20, 2022
Komercni Banka's customer deposits reached CZK 956,929 mil in 2021-12-31, down 12.5% compared to the previous year. Czech banking sector accepted customer deposits of CZK 5,502 bil in 2021-12-31, down 7.50% when compared to the last year. Komercni Banka a...
By Helgi Analytics - February 20, 2022
Komercni Banka's consumer loans reached CZK 137,700 mil in 2021-09-30, up 2.76% compared to the previous year. Czech banking sector provided consumer loans of CZK 440 bil in 2021-09-30, up 2.20% when compared to the last year. Komercni Banka accounted for...
By Helgi Analytics - February 20, 2022
Komercni Banka's retail deposits reached CZK 415,800 mil in 2021-12-31, down 0.574% compared to the previous year. Czech banking sector accepted retail deposits of CZK 3,265 bil in 2021-12-31, up 0.219% when compared to the last year. Komercni Banka accou...
By Helgi Analytics - February 20, 2022
Komercni Banka's capital adequacy ratio reached 21.3% at the end of fourth quarter of 2021, down from 23.0% when compared to the previous quarter. Historically, the bank’s capital ratio hit an all time high of 23.2% in 2Q2021 and an all time low of 9.79% in 1Q2008....
By Helgi Analytics - August 1, 2022
Czech banks reported a net profit of CZK 20,258 mil in the second quarter of 2021, up 68.5% when compared to previous year. This implies ROE of 11.8% in 2Q2021. In the last twelve months, profits fell 27.9% yoy to CZK 51,966 mil and ROE rea...
Komerční Banka is the third largest bank by assets in the Czech Republic, with a share of over 16%. Formerly a corporate-oriented bank, the bank has developed into a universal bank servicing more than 1.3 mil retail clients through nearly 400 branches. Following hefty loan losses and a government-orchestrated bailout at the end of the 1990s, 60% of the bank was sold to France's Societe Generale in 2001. Since the takeover, Komerční Banka's net profit has increased fivefold and the bank's ROE has exceeded 20%. The bank is well capitalised (with a capital adequacy ratio at nearly 15%) and funded (with loans to deposits at only 78%) and has been lending cautiously since its privatisation (non-performing loans accounted for only 5.8% of the total at the end of 2012).
Komercni Banka has been growing its revenues and asset by -0.411% and 5.13% a year on average in the last 10 years. Its loans and deposits have grown by 5.25% and 5.49% a year during that time and loans to deposits ratio reached 75.7% at the end of 2021. The company achieved an average return on equity of 12.7% in the last decade with net profit growing 2.95% a year on average. In terms of operating efficiency, its cost to income ratio reached 48.2% in 2021, compared to 45.0% average in the last decade.
Equity represented 10.2% of total assets or 17.5% of loans at the end of 2021. Komercni Banka's non-performing loans were 2.49% of total loans while provisions covered some 51.6% of NPLs at the end of 2021.
Komercni Banka stock traded at per share at the end of 2021 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 10.6% the bank generated for its shareholders. This closing price put stock at a 12-month trailing price to earnings (PE) of 13.6x and price to book value (PBV) of 1.39x in 2021.
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