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MONETA Money Bank

MONETA's mortgage loans rose 125% yoy to CZK 98,530 mil in 4Q2020

By Helgi Analytics - September 24, 2021

MONETA Money Bank's mortgage loans reached CZK 98,530 mil in 2020-12-31, up 8.63% compared to the previous year. Czech banking ...

MONETA's retail loans rose 68.4% yoy to CZK 151,353 mil in 4Q2020

By Helgi Analytics - September 24, 2021

MONETA Money Bank's retail loans reached CZK 151,353 mil in the fourth quarter of 2020, up 4.65% compared to the previous year. ...

MONETA's net interest margin fell 11.0% yoy to 2.59% in 2Q2021

By Helgi Analytics - September 24, 2021

MONETA Money Bank's net interest margin amounted to 2.59% in the second quarter of 2021, down from 2.68% when compared to the pr...

Profit Statement 2018 2019 2020
Net Interest Income CZK mil 7,409 7,925 8,282
Net Fee Income CZK mil 1,892 1,950 1,891
Other Income CZK mil 861 644 1,925
Total Revenues CZK mil 10,162 10,519 12,098
Staff Cost CZK mil 2,324 2,318 2,519
Operating Profit CZK mil 5,310 5,500 6,572
Provisions CZK mil 274 717 3,562
Net Profit CZK mil 4,200 4,019 2,601
Balance Sheet 2018 2019 2020
Interbank Loans CZK mil 33,436 23,485 22,872
Customer Loans CZK mil 140,123 156,409 226,072
Investments CZK mil 20,780 25,972 35,917
Total Assets CZK mil 206,932 219,053 300,958
Shareholders' Equity CZK mil 25,237 24,411 27,050
Interbank Borrowing CZK mil 10,716 7,091 1,977
Customer Deposits CZK mil 168,792 181,523 258,906
Issued Debt Securities CZK mil 0 2,006 7,393
Ratios 2018 2019 2020
ROE % 16.5 16.2 10.1
ROA % 2.07 1.89 1.00
Costs (As % Of Assets) % 2.39 2.36 2.13
Costs (As % Of Income) % 47.7 47.7 45.7
Capital Adequacy Ratio % 16.4 18.0 18.2
Net Interest Margin % 3.64 3.72 3.19
Loans (As % Of Deposits) % 83.0 86.2 87.3
NPLs (As % Of Loans) % 2.80 1.80 2.30
Provisions (As % Of NPLs) % 99.9 109 110
Valuation 2018 2019 2020
Market Capitalisation USD mil 1,649 1,920 1,625
Number Of Shares mil 511 511 511
Share Price CZK 72.5 85.0 68.0
Price/Earnings (P/E) 8.82 10.8 13.4
Price/Book Value (P/BV) 1.47 1.78 1.28
Dividend Yield % 13.0 3.88 0
Earnings Per Share (EPS) CZK 8.22 7.86 5.09
Book Value Per Share CZK 49.4 47.8 52.9
Dividend Per Share CZK 9.45 3.30 0

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summary Unit 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
income statement                                          
Net Interest Income CZK mil                             9,385 9,310 8,305 7,364 7,409    
Total Revenues CZK mil                             12,631 12,102 11,058 10,241 10,162    
Operating Profit CZK mil                             7,183 6,569 5,974 5,388 5,310    
Net Profit CZK mil                             4,180 4,506 4,054 3,923 4,200    
balance sheet                                          
Interbank Loans CZK mil                             533 139 189 53,380 33,436    
Customer Loans CZK mil                             107,197 108,437 111,860 123,680 140,123    
Investments CZK mil                             20,401 13,277 13,775 11,828 20,780    
Total Assets CZK mil                             143,403 140,037 149,379 199,734 206,932    
                                             
Shareholders' Equity CZK mil                             42,583 27,839 27,268 25,763 25,237    
Interbank Borrowing CZK mil                             247 289 2,657 29,643 10,716    
Customer Deposits CZK mil                             97,006 108,698 116,252 141,469 168,792    
Issued Debt Securities CZK mil ... ...                         16.0 8.00 7.00 68.0 0    
ratios                                          
ROE % ...                           10.4 12.8 14.7 14.8 16.5    
ROA % ...                           3.01 3.18 2.80 2.25 2.07    
Costs (As % Of Assets) % ...                           3.92 3.90 3.51 2.78 2.39    
Costs (As % Of Income) %                             43.1 45.7 46.0 47.4 47.7    
Capital Adequacy Ratio %                             27.8 17.7 20.5 17.4 16.4    
Net Interest Margin % ...                           6.75 6.57 5.74 4.22 3.64    
Interest Income (As % Of Revenues) %                             74.3 76.9 75.1 71.9 72.9    
Fee Income (As % Of Revenues) %                             21.2 19.3 17.7 18.9 18.6    
Staff Cost (As % Of Total Cost) %                             36.5 40.5 44.5 50.6 47.9    
Equity (As % Of Assets) %                             29.7 19.9 18.3 12.9 12.2    
Loans (As % Of Deposits) %                             111 99.8 96.2 87.4 83.0    
Loans (As % Assets) %                             74.8 77.4 74.9 61.9 67.7    
NPLs (As % Of Loans) %                             12.9 11.7 5.97 4.10 2.80    
Provisions (As % Of NPLs) %                             83.0 84.0 87.6 76.8 99.9    
valuation                                          
Market Capitalisation USD mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 1,594 1,978 1,649    
Number Of Shares mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 510 511 511 511    
Share Price CZK ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 80.0 82.4 72.5    
Earnings Per Share (EPS) CZK ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 8.84 7.93 7.68 8.22    
Book Value Per Share CZK ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 54.6 53.4 50.4 49.4    
Dividend Per Share CZK ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 8.84 9.80 8.00 9.45    
Price/Earnings (P/E) ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 10.1 10.7 8.82    
Price/Book Value (P/BV) ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 1.50 1.63 1.47    
Dividend Yield % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 12.3 9.71 13.0    
Earnings Per Share Growth % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... -10.2 -3.23 7.06    
Book Value Per Share Growth % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... -2.24 -5.52 -2.04    
income statement Unit 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
income statement                                          
Interest Income CZK mil                             9,670 9,522 8,494 7,582 7,820    
Interest Cost CZK mil                             285 212 189 218 411    
Net Interest Income CZK mil                             9,385 9,310 8,305 7,364 7,409    
Net Fee Income CZK mil                             2,674 2,336 1,961 1,933 1,892    
Other Income CZK mil                             572 456 792 944 861    
Total Revenues CZK mil                             12,631 12,102 11,058 10,241 10,162    
Staff Cost CZK mil                             1,991 2,243 2,263 2,456 2,324    
Depreciation CZK mil                             479 520 310 414 610    
Other Cost CZK mil                             2,978 2,770 2,511 1,983 1,918    
Operating Cost CZK mil                             5,448 5,533 5,084 4,853 4,852    
Operating Profit CZK mil                             7,183 6,569 5,974 5,388 5,310    
Provisions CZK mil                             1,742 849 927 381 274    
Extra and Other Cost CZK mil                             0 0 0 104 0    
Pre-Tax Profit CZK mil                             5,441 5,720 5,047 4,903 5,036    
Tax CZK mil                             1,261 1,214 993 980 836    
Minorities CZK mil                             0 0 0 0 0    
Net Profit CZK mil                             4,180 4,506 4,054 3,923 4,200    
Net Profit Avail. to Common CZK mil                             4,180 4,506 4,054 3,923 4,200    
Dividends CZK mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 4,506 5,008 4,088 4,829    
growth rates                                          
Net Interest Income Growth % ...                           -4.51 -0.799 -10.8 -11.3 0.611    
Net Fee Income Growth % ...                           -15.3 -12.6 -16.1 -1.43 -2.12    
Total Revenue Growth % ...                           -6.95 -4.19 -8.63 -7.39 -0.771    
Operating Cost Growth % ...                           -2.35 1.56 -8.11 -4.54 -0.021    
Operating Profit Growth % ...                           -10.2 -8.55 -9.06 -9.81 -1.45    
Pre-Tax Profit Growth % ...                           0 5.13 -11.8 -2.85 2.71    
Net Profit Growth % ...                           -1.85 7.80 -10.0 -3.23 7.06    
market share                                          
Market Share in Revenues %                             7.52 6.95 6.14 5.72 5.34 ... ...
Market Share in Net Profit %                             6.63 6.79 5.51 5.21 5.16 ... ...
Market Share in Employees %                             7.79 7.47 7.59 7.91 7.47 ... ...
Market Share in Bank Cards % ...                   ... ...     0.009 ... ... ... ... ... ...
Market Share in Debit Cards % ...                   ... ... ... ... ... ... ... ... ... ... ...
Market Share in Branches %                             11.0 10.9 11.2 11.7 10.3 ... ...
balance sheet Unit 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
balance sheet                                          
Cash & Cash Equivalents CZK mil                             11,746 15,475 20,235 7,127 8,139    
Interbank Loans CZK mil                             533 139 189 53,380 33,436    
Customer Loans CZK mil                             107,197 108,437 111,860 123,680 140,123    
Retail Loans CZK mil                             66,491 63,882 65,185 61,984 74,799    
Mortgage Loans CZK mil                             16,850 15,387 15,571 20,338 31,615    
Consumer Loans CZK mil                             49,641 48,495 49,614 41,646 43,184    
Corporate Loans CZK mil                             40,706 44,555 46,675 61,696 65,319    
Investments CZK mil                             20,401 13,277 13,775 11,828 20,780    
Property and Equipment CZK mil ... ... ...                       646 914 744 872 1,296    
Intangible Assets CZK mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 1,789    
Total Assets CZK mil                             143,403 140,037 149,379 199,734 206,932    
                                             
Shareholders' Equity CZK mil                             42,583 27,839 27,268 25,763 25,237    
Of Which Minority Interest CZK mil                             0 0 0 0 0    
Liabilities CZK mil                             100,820 112,198 122,111 173,971 181,695    
Interbank Borrowing CZK mil                             247 289 2,657 29,643 10,716    
Customer Deposits CZK mil                             97,006 108,698 116,252 141,469 168,792    
Retail Deposits CZK mil                             69,182 73,465 73,167 83,021 94,448    
Corporate Deposits CZK mil                             19,720 24,001 42,401 48,503 54,428    
Issued Debt Securities CZK mil ... ...                         16.0 8.00 7.00 68.0 0    
Subordinated Debt CZK mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...    
Other Liabilities CZK mil ... ...                         3,551 3,203 3,195 2,791 2,187    
asset quality                                          
Non-Performing Loans CZK mil                             15,547 14,023 7,047 5,236 3,923    
Gross Loans CZK mil                             120,097 120,215 118,035 127,700 140,118    
Risk-Weighted Assets CZK mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 118,547 122,202    
Total Provisions CZK mil                             12,900 11,778 6,175 4,020 3,919    
growth rates                                          
Customer Loan Growth % ...                           9.95 1.16 3.16 10.6 13.3    
Retail Loan Growth % ...                           -1.59 -3.92 2.04 -4.91 20.7    
Mortgage Loan Growth % ...                           -4.48 -8.68 1.20 30.6 55.4    
Consumer Loan Growth % ...                           -0.565 -2.31 2.31 -16.1 3.69    
Corporate Loan Growth % ...                           36.0 9.46 4.76 32.2 5.87    
Total Asset Growth % ...                           6.52 -2.35 6.67 33.7 3.60    
Shareholders' Equity Growth % ...                           11.9 -34.6 -2.05 -5.52 -2.04    
Customer Deposit Growth % ...                           3.59 12.1 6.95 21.7 19.3    
Retail Deposit Growth % ...                           0.915 6.19 -0.406 13.5 13.8    
Corporate Deposit Growth % ...                           5.66 21.7 76.7 14.4 12.2    
market share                                          
Market Share in Customer Loans %                             4.07 3.90 3.79 4.01 4.24    
Market Share in Corporate Loans %                             4.65 4.84 4.78 6.04 6.05    
Market Share in Retail Loans %                             15.0 13.8 13.5 10.9 10.8    
Market Share in Consumer Loans %                             5.40 4.83 4.59 4.05 4.54    
Market Share in Mortgage Loans %                             1.87 1.58 1.48 1.77 2.54    
Market Share in Total Assets %                             2.66 2.52 2.48 2.83 2.82    
Market Share in Customer Deposits %                             2.82 3.09 3.09 3.39 3.80    
Market Share in Retail Deposits %                             3.60 3.61 3.31 3.50 3.69    
Market Share in Corporate Deposits %                             2.35 2.60 4.63 4.87 5.23    
ratios Unit 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
                                           
ROE % ...                           10.4 12.8 14.7 14.8 16.5    
ROTE % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...    
ROE (@ 15% of RWA) % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 23.3    
ROA % ...                           3.01 3.18 2.80 2.25 2.07    
Return on Loans % ...                           4.08 4.18 3.68 3.33 3.18    
Operating Profit (As % of RWA) % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 4.41    
Costs (As % Of Assets) % ...                           3.92 3.90 3.51 2.78 2.39    
Costs (As % Of Income) %                             43.1 45.7 46.0 47.4 47.7    
Costs (As % Of Loans) % ...                           5.32 5.13 4.62 4.12 3.68    
Costs (As % Of Loans & Deposits) % ...                           2.76 2.63 2.28 1.97 1.69    
Capital Adequacy Ratio %                             27.8 17.7 20.5 17.4 16.4    
Tier 1 Ratio %                             27.8 17.7 20.5 17.4 16.4    
Net Interest Margin % ...                           6.75 6.57 5.74 4.22 3.64    
Interest Spread % ...                           6.67 6.52 5.71 4.20 3.61    
Asset Yield % ...                           6.96 6.72 5.87 4.34 3.85    
Revenues (As % of RWA) % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 8.44    
Cost Of Liabilities % ...                           0.289 0.199 0.161 0.147 0.231    
Payout Ratio % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 100 124 104 115    
Interest Income (As % Of Revenues) %                             74.3 76.9 75.1 71.9 72.9    
Fee Income (As % Of Revenues) %                             21.2 19.3 17.7 18.9 18.6    
Other Income (As % Of Revenues) %                             4.53 3.77 7.16 9.22 8.47    
Staff Cost (As % Of Total Cost) %                             36.5 40.5 44.5 50.6 47.9    
Equity (As % Of Assets) %                             29.7 19.9 18.3 12.9 12.2    
Equity (As % Of Loans) %                             39.7 25.7 24.4 20.8 18.0    
Loans (As % Of Deposits) %                             111 99.8 96.2 87.4 83.0    
Loans (As % Assets) %                             74.8 77.4 74.9 61.9 67.7    
NPLs (As % Of Loans) %                             12.9 11.7 5.97 4.10 2.80    
Provisions (As % Of NPLs) %                             83.0 84.0 87.6 76.8 99.9    
Provisions (As % Of Loans) %                             12.0 10.9 5.52 3.25 2.80    
Cost of Provisions (As % Of Loans) % ...                           1.70 0.787 0.842 0.324 0.208    
other data Unit 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
                                           
Branches                             243 236 230 227 202    
ATMs ...                           700 686 632 668 654    
ATMs (As % of Bank Branches) % ...                           288 291 275 294 324    
Employees                             3,142 3,079 3,114 3,312 3,129    
Employees Per Bank Branch                             12.9 13.0 13.5 14.6 15.5    
Cost Per Employee USD per month                             2,471 2,543 2,400 2,634 2,829    
Cost Per Employee (Local Currency) CZK per month                             52,806 60,707 60,560 61,796 61,894    
customer breakdown Unit 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
                                           
Customers mil                             1.03 1.00 1.07 1.03 1.04    
Number of Primary Customers mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...  
Payment Cards mil ...                   ... ...     1.03 ... ... ... ... ... ...
Debit Cards mil ...                   ... ... ... ... ... ... ... ... ... ... ...
Number of Mortgages mil ... ... ... ... ... ... ... ... ... ... ... ... ...   0.013 0.012 0.012 0.015 0.022    
Number of Consumer Loans mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 0.193 0.179    
Average Size of Mortgage Loan CZK ... ... ... ... ... ... ... ... ... ... ... ... ...   1,266,000 1,282,000 1,352,000 1,393,000 1,451,000    
Average Size of Consumer Loan CZK ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 216,262 241,821    
Primary (As % of Total Clients) % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...  
Mortgages (As % of Total Clients) % ... ... ... ... ... ... ... ... ... ... ... ... ...   1.29 1.20 1.08 1.41 2.10    
Consumer Loans (As % of Total Clients) % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 18.6 17.2    
Payments Cards (As % of Total Clients) % ...                   ... ...     99.8 ... ... ... ... ... ...
Debit Cards (As % of Total Clients) % ...                   ... ... ... ... ... ... ... ... ... ... ...
                                             
Market Value per Customer (Local Currency) CZK ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 38,385 40,761 35,760    
Revenue per Customer (Local Currency) CZK                             12,263 12,102 10,383 9,914 9,809    
Net Profit per Customer (Local Currency) CZK                             4,058 4,506 3,807 3,798 4,054    
Loan per Customer (Local Currency) CZK                             104,075 108,437 105,033 119,729 135,254    
Deposit per Customer (Local Currency) CZK                             94,181 108,698 109,157 136,950 162,927    
Market Value per Customer USD ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 1,497 1,914 1,592    
Revenue per Customer USD                             574 507 412 422 448    
Net Profit per Customer USD                             190 189 151 162 185    
Loan per Customer USD                             4,542 4,368 4,097 5,623 6,020    
Deposit per Customer USD                             4,110 4,379 4,257 6,432 7,252    

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MONETA's customer deposits rose 42.6% yoy to CZK 258,906 mil in 4Q2020

By Helgi Analytics - March 25, 2021

MONETA Money Bank's customer deposits reached CZK 258,906 mil in 2020-12-31, down 5.86% compared to the previous year. Czech banking sector accepted customer deposits of CZK 5,162 bil in 2020-12-31, down 6.99% when compared to the last year. MONETA Money ...

MONETA's customer loans rose 44.5% yoy to CZK 226,072 mil in 4Q2020

By Helgi Analytics - March 25, 2021

MONETA Money Bank's customer loans reached CZK 226,072 mil in 2020-12-31, up 2.49% compared to the previous year. Czech banking sector provided customer loans of CZK 3,596 bil in 2020-12-31, down 0.651% when compared to the last year. MONETA Money Bank ac...

MONETA's retail deposits rose 32.5% yoy to CZK 180,663 mil in 4Q2020

By Helgi Analytics - September 24, 2021

MONETA Money Bank's retail deposits reached CZK 180,663 mil in 2020-12-31, down 0.302% compared to the previous year. Czech banking sector accepted retail deposits of CZK 3,057 bil in 2020-12-31, up 3.25% when compared to the last year. MONETA Money Bank ...

MONETA's branches fell 3.75% yoy to 154 in 2Q2021

By Helgi Analytics - September 24, 2021

MONETA Money Bank employed 3,055 persons in 2021-06-30, up 0.759% compared to the previous year. Historically, the bank's workforce hit an all time high of 3,486 persons in 2011-12-31 and an all time low of 2,299 in 2007-12-31. The bank operated a network of ...

MONETA's npls (as % of loans) rose 56.3% yoy to 2.50% in 2Q2021

By Helgi Analytics - September 24, 2021

MONETA Money Bank's non-performing loans reached 2.50% of total loans at the end of 2021-06-30, up from 1.60% compared to the previous year. Historically, the NPL ratio hit an all time high of 18.6% in 2011-03-31 and an all time low of 1.50% in 2020-09-30. ...

MONETA's corporate loans rose 0.430% yoy to CZK 75,234 mil in 2Q2021

By Helgi Analytics - September 24, 2021

MONETA Money Bank's loans reached CZK 239,259 mil in the second quarter of 2021, up from CZK 231,956 mil when compared to the previous quarter and up from CZK 219,119 mil when compared to the same period of last year. Historically, the bank’s loans ...

MONETA's net profit rose 77.6% yoy to CZK 833 mil in 2Q2021

By Helgi Analytics - September 24, 2021

MONETA Money Bank made a net profit of CZK 833 mil in the second quarter of 2021, up 77.6% when compared to the same period of last year. This implies a return on equity of 11.9%. Historically, the bank’s net profit reached an all time high of CZK 1,242 mil in 3Q...

MONETA's net profit rose 77.6% yoy to CZK 833 mil in 2Q2021

By Helgi Analytics - September 24, 2021

MONETA Money Bank made a net profit of CZK 833 mil under revenues of CZK 2,704 mil in the second quarter of 2021, up 77.6% and down 26.3% respectively when compared to the same period last year. Historically, the bank’s net profit reached an all time high...

MONETA's costs (as % of assets) fell 11.0% yoy to 1.68% in 2Q2021

By Helgi Analytics - September 24, 2021

MONETA Money Bank's cost to income ratio reached 49.3% in the second quarter of 2021, down from 56.6% when compared to the previous quarter. Historically, the bank’s costs reached an all time high of 59.1% of income in 4Q2010 and an all time low of 32.2% in ...

MONETA's consumer loans rose 15.0% yoy to CZK 52,823 mil in 4Q2020

By Helgi Analytics - September 24, 2021

MONETA Money Bank's consumer loans reached CZK 52,823 mil in 2020-12-31, down 2.04% compared to the previous year. Czech banking sector provided consumer loans of CZK 423 bil in 2020-12-31, up 0.348% when compared to the last year. MONETA Money Bank accou...

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MONETA Money Bank is a medium-sized bank based in Prague, the Czech Republic. Since its acquisition of the troubled Agrobanka in 1997, the Bank has developed a branch network of almost 200 branches and 600 ATMs (2019), though its focus has been shifting towards purely consumer finance in the last decade. Now, with over 1 million retail clients, the bank is primarily focused on consumer finance, ranging from instalment payments, leasing, credit cards and consumer lending to mortgage loans, although less so for the latter in recent years.

MONETA Money Bank Logo

Finance

MONETA Money Bank has been growing its revenues and asset by 1.09% and 7.92% a year on average in the last 10 years. Its loans and deposits have grown by 8.70% and 8.84% a year during that time and loans to deposits ratio reached 87.3% at the end of 2020. The company achieved an average return on equity of 13.3% in the last decade with net profit growing -2.10% a year on average. In terms of operating efficiency, its cost to income ratio reached 45.7% in 2020, compared to 45.0% average in the last decade.

Equity represented 8.99% of total assets or 12.0% of loans at the end of 2020. MONETA Money Bank's non-performing loans were 2.30% of total loans while provisions covered some 110% of NPLs at the end of 2020.

Valuation

MONETA Money Bank stock traded at per share at the end of 2020 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 14.3% the bank generated for its shareholders. This closing price put stock at a 12-month trailing price to earnings (PE) of 13.4x and price to book value (PBV) of 1.28x in 2020.