By Helgi Library - May 15, 2024
Posojilnica Bank eGen's net interest margin amounted to 1.80% in 2022, up from 1.09% compared to the previous year. Histor...
By Helgi Library - May 15, 2024
Posojilnica Bank eGen made a net profit of EUR 4.63 mil in 2022, up 343% compared to the previous year. This implies a return on...
By Helgi Library - May 15, 2024
Posojilnica Bank eGen's customer loan growth reached -6.16% in 2022, up from -55.9% compared to the previous year. Historic...
| Profit Statement | 2020 | 2021 | 2022 | |
| Net Interest Income | EUR mil | 11.2 | 6.15 | 7.40 |
| Net Fee Income | EUR mil | 5.33 | 2.30 | 2.57 |
| Other Income | EUR mil | 0.069 | 2.13 | 2.40 |
| Total Revenues | EUR mil | 16.6 | 10.6 | 12.4 |
| Staff Cost | EUR mil | 6.86 | 6.53 | 6.23 |
| Operating Profit | EUR mil | 8.09 | 0.521 | 0.964 |
| Provisions | EUR mil | 1.20 | -0.714 | -1.22 |
| Net Profit | EUR mil | 6.23 | 1.04 | 4.63 |
| Balance Sheet | 2020 | 2021 | 2022 | |
| Interbank Loans | EUR mil | 89.8 | 141 | 160 |
| Customer Loans | EUR mil | 436 | 193 | 181 |
| Investments | EUR mil | 49.0 | 13.1 | 11.2 |
| Total Assets | EUR mil | 717 | 416 | 407 |
| Shareholders' Equity | EUR mil | 34.4 | 6.43 | 9.67 |
| Interbank Borrowing | EUR mil | 29.1 | 5.15 | 4.84 |
| Customer Deposits | EUR mil | 611 | 359 | 348 |
| Ratios | 2020 | 2021 | 2022 | |
| ROE | % | 31.2 | 5.12 | 57.4 |
| ROA | % | 1.06 | 0.184 | 1.12 |
| Costs (As % Of Assets) | % | 1.84 | 2.28 | 2.99 |
| Costs (As % Of Income) | % | 65.4 | 122 | 99.4 |
| Net Interest Margin | % | 1.90 | 1.09 | 1.80 |
| Loans (As % Of Deposits) | % | 71.4 | 53.6 | 51.9 |
| Growth Rates | 2020 | 2021 | 2022 | |
| Total Revenue Growth | % | 46.6 | -36.1 | 16.9 |
| Operating Cost Growth | % | -20.2 | 18.9 | -4.65 |
| Operating Profit Growth | % | -782 | -93.6 | 85.0 |
| Net Profit Growth | % | -2,077 | -83.2 | 343 |
| Customer Loan Growth | % | 93.8 | -55.9 | -6.16 |
| Total Asset Growth | % | 55.2 | -42.0 | -2.10 |
| Customer Deposit Growth | % | 50.5 | -41.2 | -3.06 |
| Shareholders' Equity Growth | % | 517 | -81.3 | 50.4 |
Get all company financials in excel:
| summary | Unit | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
| income statement | ||||||||
| Net Interest Income | EUR mil | 31.5 | 7.82 | 6.99 | 7.28 | 11.2 | ||
| Total Revenues | EUR mil | 43.8 | 12.4 | 10.8 | 11.3 | 16.6 | ||
| Operating Profit | EUR mil | 10.4 | -7.71 | -11.6 | -1.19 | 8.09 | ||
| Net Profit | EUR mil | 5.92 | -8.58 | -13.8 | -0.315 | 6.23 | ||
| balance sheet | ||||||||
| Interbank Loans | EUR mil | 265 | 127 | 128 | 170 | 89.8 | ||
| Customer Loans | EUR mil | 1,645 | 291 | 251 | 225 | 436 | ||
| Investments | EUR mil | 73.8 | 19.7 | 24.2 | 16.8 | 49.0 | ||
| Total Assets | EUR mil | 2,419 | 501 | 480 | 462 | 717 | ||
| Shareholders' Equity | EUR mil | 45.4 | 23.8 | 3.69 | 5.57 | 34.4 | ||
| Interbank Borrowing | EUR mil | 508 | 8.47 | 7.38 | 6.44 | 29.1 | ||
| Customer Deposits | EUR mil | 461 | 436 | 417 | 406 | 611 | ||
| ratios | ||||||||
| ROE | % | 13.0 | -24.8 | -101 | -6.80 | 31.2 | ||
| ROA | % | 0.245 | -0.587 | -2.82 | -0.067 | 1.06 | ||
| Costs (As % Of Assets) | % | 1.52 | 1.00 | 3.17 | 2.88 | 1.84 | ||
| Costs (As % Of Income) | % | 84.2 | 118 | 144 | 120 | 65.4 | ||
| Net Interest Margin | % | 1.30 | 0.536 | 1.43 | 1.55 | 1.90 | ||
| Interest Income (As % Of Revenues) | % | 71.9 | 63.2 | 64.7 | 64.4 | 67.4 | ||
| Fee Income (As % Of Revenues) | % | 16.7 | 20.7 | 21.9 | 19.7 | 32.2 | ||
| Staff Cost (As % Of Total Cost) | % | 64.4 | 46.6 | 45.1 | 49.1 | 63.3 | ||
| Equity (As % Of Assets) | % | 1.88 | 4.75 | 0.770 | 1.21 | 4.79 | ||
| Loans (As % Of Deposits) | % | 357 | 66.8 | 60.2 | 55.5 | 71.4 | ||
| Loans (As % Assets) | % | 68.0 | 58.2 | 52.3 | 48.7 | 60.9 | ||
| valuation | ||||||||
| Book Value Per Share Growth | % | ... | -75.1 | -10.6 | 4.09 | 53.5 |
| income statement | Unit | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
| income statement | ||||||||
| Interest Income | EUR mil | 41.4 | 10.3 | 8.74 | 7.88 | 12.2 | ||
| Interest Cost | EUR mil | 9.95 | 2.52 | 1.74 | 0.603 | 0.985 | ||
| Net Interest Income | EUR mil | 31.5 | 7.82 | 6.99 | 7.28 | 11.2 | ||
| Net Fee Income | EUR mil | 7.30 | 2.57 | 2.37 | 2.23 | 5.33 | ||
| Fee Income | EUR mil | 16.5 | 3.07 | 2.77 | 2.57 | 5.87 | ||
| Fee Expense | EUR mil | 9.17 | 0.507 | 0.404 | 0.339 | 0.541 | ||
| Other Income | EUR mil | 5.00 | 1.98 | 1.45 | 1.80 | 0.069 | ||
| Total Revenues | EUR mil | 43.8 | 12.4 | 10.8 | 11.3 | 16.6 | ||
| Staff Cost | EUR mil | 23.7 | 6.82 | 7.00 | 6.67 | 6.86 | ||
| Depreciation | EUR mil | 3.24 | 1.73 | 1.73 | 1.20 | -0.627 | ||
| Other Cost | EUR mil | 9.85 | 6.09 | 6.80 | 5.71 | 4.61 | ||
| Operating Cost | EUR mil | 36.8 | 14.6 | 15.5 | 13.6 | 10.8 | ||
| Operating Profit | EUR mil | 10.4 | -7.71 | -11.6 | -1.19 | 8.09 | ||
| Provisions | EUR mil | 2.94 | 0.059 | 2.14 | -0.909 | 1.20 | ||
| Pre-Tax Profit | EUR mil | 7.45 | -7.77 | -13.8 | -0.278 | 6.89 | ||
| Tax | EUR mil | 1.54 | 0.804 | 0.043 | 0.037 | 0.666 | ||
| Net Profit | EUR mil | 5.92 | -8.58 | -13.8 | -0.315 | 6.23 | ||
| Net Profit Avail. to Common | EUR mil | 5.92 | -8.58 | -13.8 | -0.315 | 6.23 | ||
| growth rates | ||||||||
| Net Interest Income Growth | % | ... | -75.1 | -10.6 | 4.09 | 53.5 | ||
| Net Fee Income Growth | % | ... | -64.8 | -7.83 | -5.66 | 139 | ||
| Total Revenue Growth | % | ... | -71.7 | -12.7 | 4.62 | 46.6 | ||
| Operating Cost Growth | % | ... | -60.3 | 6.08 | -12.5 | -20.2 | ||
| Operating Profit Growth | % | ... | -174 | 50.9 | -89.8 | -782 | ||
| Pre-Tax Profit Growth | % | ... | -204 | 77.3 | -98.0 | -2,579 | ||
| Net Profit Growth | % | ... | -245 | 61.2 | -97.7 | -2,077 |
| balance sheet | Unit | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
| balance sheet | ||||||||
| Cash & Cash Equivalents | EUR mil | 17.6 | 21.5 | 34.8 | 10.0 | 45.7 | ||
| Interbank Loans | EUR mil | 265 | 127 | 128 | 170 | 89.8 | ||
| Customer Loans | EUR mil | 1,645 | 291 | 251 | 225 | 436 | ||
| Investments | EUR mil | 73.8 | 19.7 | 24.2 | 16.8 | 49.0 | ||
| Property and Equipment | EUR mil | 30.4 | 11.5 | 10.4 | 9.79 | 8.50 | ||
| Intangible Assets | EUR mil | 1.08 | 0.020 | 0.026 | 0.023 | 0 | ||
| Total Assets | EUR mil | 2,419 | 501 | 480 | 462 | 717 | ||
| Shareholders' Equity | EUR mil | 45.4 | 23.8 | 3.69 | 5.57 | 34.4 | ||
| Of Which Minority Interest | EUR mil | 0 | 0 | 0 | 0 | 0 | ||
| Liabilities | EUR mil | 2,374 | 477 | 476 | 456 | 682 | ||
| Interbank Borrowing | EUR mil | 508 | 8.47 | 7.38 | 6.44 | 29.1 | ||
| Customer Deposits | EUR mil | 461 | 436 | 417 | 406 | 611 | ||
| growth rates | ||||||||
| Customer Loan Growth | % | ... | -82.3 | -13.8 | -10.3 | 93.8 | ||
| Total Asset Growth | % | ... | -79.3 | -4.20 | -3.69 | 55.2 | ||
| Shareholders' Equity Growth | % | ... | -47.6 | -84.5 | 50.9 | 517 | ||
| Customer Deposit Growth | % | ... | -5.37 | -4.44 | -2.64 | 50.5 |
| ratios | Unit | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
| ROE | % | 13.0 | -24.8 | -101 | -6.80 | 31.2 | ||
| ROTE | % | 26.7 | -25.2 | -101 | -6.84 | 31.2 | ||
| ROA | % | 0.245 | -0.587 | -2.82 | -0.067 | 1.06 | ||
| Return on Loans | % | 0.360 | -0.886 | -5.10 | -0.132 | 1.88 | ||
| Costs (As % Of Assets) | % | 1.52 | 1.00 | 3.17 | 2.88 | 1.84 | ||
| Costs (As % Of Income) | % | 84.2 | 118 | 144 | 120 | 65.4 | ||
| Costs (As % Of Loans) | % | 2.24 | 1.51 | 5.73 | 5.70 | 3.28 | ||
| Costs (As % Of Loans & Deposits) | % | ... | 1.03 | 2.23 | 2.09 | 1.29 | ||
| Net Interest Margin | % | 1.30 | 0.536 | 1.43 | 1.55 | 1.90 | ||
| Interest Spread | % | 1.29 | 0.532 | 1.42 | 1.54 | 1.89 | ||
| Asset Yield | % | 1.71 | 0.708 | 1.78 | 1.67 | 2.06 | ||
| Cost Of Liabilities | % | 0.419 | 0.177 | 0.366 | 0.129 | 0.173 | ||
| Interest Income (As % Of Revenues) | % | 71.9 | 63.2 | 64.7 | 64.4 | 67.4 | ||
| Fee Income (As % Of Revenues) | % | 16.7 | 20.7 | 21.9 | 19.7 | 32.2 | ||
| Other Income (As % Of Revenues) | % | 11.4 | 16.0 | 13.4 | 15.9 | 0.418 | ||
| Staff Cost (As % Of Total Cost) | % | 64.4 | 46.6 | 45.1 | 49.1 | 63.3 | ||
| Equity (As % Of Assets) | % | 1.88 | 4.75 | 0.770 | 1.21 | 4.79 | ||
| Equity (As % Of Loans) | % | 2.76 | 8.17 | 1.47 | 2.47 | 7.87 | ||
| Loans (As % Of Deposits) | % | 357 | 66.8 | 60.2 | 55.5 | 71.4 | ||
| Loans (As % Assets) | % | 68.0 | 58.2 | 52.3 | 48.7 | 60.9 | ||
| Cost of Provisions (As % Of Loans) | % | 0.178 | 0.006 | 0.790 | -0.382 | 0.362 |
Get all company financials in excel:
Posojilnica Bank eGen has been growing its revenues and asset by 3.04% and -4.14% a year on average in the last 3 years. Its loans and deposits have grown by -7.07% and -4.99% a year during that time and loans to deposits ratio reached 51.9% at the end of 2022. The company achieved an average return on equity of 31.3% in the last three years with net profit growing % a year on average. In terms of operating efficiency, its cost to income ratio reached 99.4% in 2022, compared to 95.5% average in the last three years.
Equity represented 2.38% of total assets or 5.35% of loans at the end of 2022. Posojilnica Bank eGen's non-performing loans were of total loans while provisions covered some of NPLs at the end of 2022.
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