Privatbanka

Privatbanka's net profit rose 3.57% to EUR 9.44 mil in 2017

By Helgi Analytics - November 05, 2019

Privatbanka made a net profit of EUR 9.44 mil under revenues of EUR 23.6 mil in 2017, up 3.57% and 4.75% respectively compared to the...

Privatbanka's customer loans rose 18.4% to EUR 342 mil in 2017

By Helgi Analytics - November 05, 2019

Privatbanka's customer loans reached EUR 342 mil in 2017, up 18.4% compared to the previous year. Slovak banking sector provide...

Privatbanka's npls (as % of loans) fell 50.3% to 5.02% in 2017

By Helgi Analytics - November 05, 2019

Privatbanka's non-performing loans reached 5.02% of total loans at the end of 2017, down from 10.1% compared to the previous year...

Profit Statement 2015 2016 2017
Net Interest Income EUR mil 14.2 11.6 11.6
Fee Income (As % Of Revenues) % 32.0 43.7 48.9
Other Income EUR mil 1.06 1.12 0.494
Total Revenues EUR mil 22.4 22.5 23.6
Staff Cost EUR mil 6.32 6.40 6.96
Operating Profit EUR mil 10.7 10.7 11.9
Provisions EUR mil 2.86 -0.978 0.069
Net Profit EUR mil 5.23 9.11 9.44
Balance Sheet 2015 2016 2017
Interbank Loans EUR mil 9.73 11.0 13.1
Customer Loans EUR mil 248 289 342
Debt Securities EUR mil 304 277 227
Total Assets EUR mil 595 619 658
Shareholders' Equity EUR mil 59.0 68.5 77.7
Interbank Borrowing EUR mil 96.2 96.2 91.6
Customer Deposits EUR mil 417 440 464
Issued Debt Securities EUR mil 16.8 6.78 18.0
Ratios 2015 2016 2017
ROE % 9.22 14.3 12.9
ROA % 0.844 1.50 1.48
Costs (As % Of Assets) % 1.89 1.95 1.83
Costs (As % Of Income) % 52.3 52.7 49.4
Capital Adequacy Ratio % 13.4 12.8 13.4
Net Interest Margin % 2.29 1.91 1.81
Loans (As % Of Deposits) % 59.5 65.7 73.8
NPLs (As % Of Loans) % 13.8 10.1 5.02
Provisions (As % Of NPLs) % 41.7 46.5 79.6
Growth Rates 2015 2016 2017
Total Revenue Growth % -4.54 0.442 4.75
Operating Cost Growth % 1.24 1.25 -1.83
Operating Profit Growth % -10.2 -0.439 12.1
Net Profit Growth % 9.87 74.1 3.57
Customer Loan Growth % 15.0 16.4 18.4
Total Asset Growth % -7.77 3.93 6.28
Customer Deposit Growth % 3.49 5.45 5.42
Shareholders' Equity Growth % 8.25 16.1 13.4
Employees 167 167 186

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summary Unit 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
income statement                            
Net Interest Income EUR mil               10.8 11.6 12.1 14.5 14.2    
Total Revenues EUR mil               14.8 17.6 19.2 23.5 22.4    
Operating Profit EUR mil               6.08 6.45 7.80 11.9 10.7    
Net Profit EUR mil               3.74 4.30 4.36 4.76 5.23    
balance sheet                            
Interbank Loans EUR mil               33.2 45.7 11.1 2.30 9.73    
Customer Loans EUR mil               197 204 204 216 248    
Debt Securities EUR mil               391 405 387 383 304    
Total Assets EUR mil               637 682 614 645 595    
Shareholders' Equity EUR mil               37.6 43.0 47.7 54.5 59.0    
Interbank Borrowing EUR mil               70.0 151 152 165 96.2    
Customer Deposits EUR mil               481 451 378 403 417    
Issued Debt Securities EUR mil               41.6 30.1 25.5 16.2 16.8    
ratios                            
ROE %               10.3 10.7 9.60 9.32 9.22    
ROA %               0.649 0.652 0.672 0.756 0.844    
Costs (As % Of Assets) %               1.50 1.69 1.76 1.84 1.89    
Costs (As % Of Income) %               58.8 63.3 59.4 49.3 52.3    
Capital Adequacy Ratio % ... ... ... ...       12.2 12.4 12.2 11.8 13.4    
Net Interest Margin %               1.87 1.76 1.86 2.30 2.29    
Interest Income (As % Of Revenues) %               72.9 65.9 62.8 61.7 63.2    
Fee Income (As % Of Revenues) %               22.5 28.3 30.2 31.1 32.0    
Staff Cost (As % Of Total Cost) %               56.9 46.5 47.2 49.5 54.0    
Equity (As % Of Assets) %               5.90 6.31 7.76 8.45 9.92    
Loans (As % Of Deposits) %               41.0 45.2 53.9 53.6 59.5    
Loans (As % Assets) %               30.9 29.9 33.1 33.5 41.7    
NPLs (As % Of Loans) % ... ... ...         9.37 9.83 10.3 10.5 13.8    
Provisions (As % Of NPLs) % ... ... ...         30.6 32.5 37.9 50.9 41.7    
income statement Unit 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
income statement                            
Interest Income EUR mil               22.4 25.7 24.3 23.4 21.6    
Interest Cost EUR mil               11.6 14.1 12.2 8.93 7.46    
Net Interest Income EUR mil               10.8 11.6 12.1 14.5 14.2    
Net Fee Income EUR mil               3.32 4.98 5.81 7.31 7.19    
Other Income EUR mil               0.674 1.01 1.34 1.67 1.06    
Total Revenues EUR mil               14.8 17.6 19.2 23.5 22.4    
Staff Cost EUR mil               4.93 5.17 5.39 5.74 6.32    
Depreciation EUR mil               0.606 0.578 0.635 0.588 0.513    
Other Cost EUR mil               3.14 5.37 5.39 5.25 4.88    
Operating Cost EUR mil               8.68 11.1 11.4 11.6 11.7    
Operating Profit EUR mil               6.08 6.45 7.80 11.9 10.7    
Provisions EUR mil               1.18 0.920 1.55 4.42 2.86    
Extra and Other Cost EUR mil               0 0 0 0 0    
Pre-Tax Profit EUR mil               4.90 5.53 6.25 7.50 7.84    
Tax EUR mil               1.16 1.23 1.90 2.73 2.61    
Minorities EUR mil               0 0 0 0 0    
Net Profit EUR mil               3.74 4.30 4.36 4.76 5.23    
growth rates                            
Net Interest Income Growth % ...             6.89 7.67 4.09 20.3 -2.25    
Net Fee Income Growth % ...             10.00 49.8 16.7 26.0 -1.76    
Total Revenue Growth % ...             -0.270 19.0 9.34 22.3 -4.54    
Operating Cost Growth % ...             2.69 28.2 2.64 1.44 1.24    
Operating Profit Growth % ...             -4.20 6.05 20.9 52.8 -10.2    
Pre-Tax Profit Growth % ...             3.59 12.8 13.0 19.9 4.62    
Net Profit Growth % ...             8.03 15.0 1.26 9.37 9.87    
market share                            
Market Share in Revenues %               0.603 0.838 0.827 0.955 0.984    
Market Share in Net Profit %               0.555 0.896 0.793 0.850 0.864    
Market Share in Employees %               0.770 0.804 0.863 0.852 0.884    
Market Share in Branches % ...             1.16 1.04 1.16 1.27 1.27    
balance sheet Unit 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
balance sheet                            
Cash EUR mil               12.8 8.48 9.55 41.2 30.4    
Interbank Loans EUR mil               33.2 45.7 11.1 2.30 9.73    
Customer Loans EUR mil               197 204 204 216 248    
Retail Loans EUR mil ... ... ... ... ... ... ... ... ... 11.2 13.0 22.4    
Corporate Loans EUR mil ... ... ... ... ... ... ... ... ... 159 164 239    
Debt Securities EUR mil               391 405 387 383 304    
Fixed Assets EUR mil               1.62 1.86 1.63 1.46 1.18    
Total Assets EUR mil               637 682 614 645 595    
Shareholders' Equity EUR mil               37.6 43.0 47.7 54.5 59.0    
Of Which Minority Interest EUR mil               0 0 0 0 0    
Liabilities EUR mil               599 639 567 591 536    
Interbank Borrowing EUR mil               70.0 151 152 165 96.2    
Customer Deposits EUR mil               481 451 378 403 417    
Retail Deposits EUR mil               243 271 293 262 290    
Corporate Deposits EUR mil               220 136 57.7 68.5 64.1    
Sight Deposits EUR mil ... ... ... ... ... ... ... ... ... 100 112 120    
Term Deposits EUR mil ... ... ... ... ... ... ... ... ... 278 291 297    
Issued Debt Securities EUR mil               41.6 30.1 25.5 16.2 16.8    
Other Liabilities EUR mil               6.42 6.29 11.1 6.46 5.99    
asset quality                            
Non-Performing Loans EUR mil ... ... ...         19.0 20.7 21.8 23.9 36.3    
Gross Loans EUR mil               203 211 212 228 264    
Total Provisions EUR mil               5.81 6.74 8.26 12.1 15.1    
growth rates                            
Customer Loan Growth % ...             9.77 3.57 -0.274 6.17 15.0    
Retail Loan Growth % ... ... ... ... ... ... ... ... ... ... 15.8 72.0    
Corporate Loan Growth % ... ... ... ... ... ... ... ... ... ... 3.26 45.5    
Total Asset Growth % ...             23.4 7.12 -9.96 5.08 -7.77    
Shareholders' Equity Growth % ...             6.83 14.6 10.8 14.4 8.25    
Customer Deposit Growth % ...             13.7 -6.17 -16.3 6.69 3.49    
Retail Deposit Growth % ...             33.5 11.6 8.08 -10.5 10.4    
Corporate Deposit Growth % ...             3.12 -38.3 -57.5 18.5 -6.42    
market share                            
Market Share in Customer Loans %               0.541 0.550 0.519 0.517 0.546    
Market Share in Corporate Loans % ... ... ... ... ... ... ... ... ... 1.09 1.14 1.53    
Market Share in Consumer Loans % ... ... ... ... ... ... ... ... ... 0.055 0.056 0.086    
Market Share in Total Assets %               1.08 1.14 1.01 1.00 0.862    
Market Share in Customer Deposits %               1.20 1.07 0.853 0.875 0.827    
Market Share in Retail Deposits %               0.967 1.02 1.07 0.919 0.931    
Market Share in Corporate Deposits %               2.38 1.42 0.534 0.636 0.543    
ratios Unit 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
ratios                            
ROE %               10.3 10.7 9.60 9.32 9.22    
ROA %               0.649 0.652 0.672 0.756 0.844    
Costs (As % Of Assets) %               1.50 1.69 1.76 1.84 1.89    
Costs (As % Of Income) %               58.8 63.3 59.4 49.3 52.3    
Capital Adequacy Ratio % ... ... ... ...       12.2 12.4 12.2 11.8 13.4    
Net Interest Margin %               1.87 1.76 1.86 2.30 2.29    
Interest Spread % ...             1.73 1.62 1.72 2.18 2.16    
Asset Yield %               3.89 3.90 3.75 3.72 3.49    
Cost Of Liabilities % ...             2.16 2.28 2.03 1.54 1.32    
Interest Income (As % Of Revenues) %               72.9 65.9 62.8 61.7 63.2    
Fee Income (As % Of Revenues) %               22.5 28.3 30.2 31.1 32.0    
Other Income (As % Of Revenues) %               4.57 5.73 7.00 7.11 4.73    
Cost Per Employee USD per month               4,025 3,691 3,727 3,874 3,617    
Cost Per Employee (Local Currency) EUR per month               2,895 2,874 2,808 3,006 3,156    
Staff Cost (As % Of Total Cost) %               56.9 46.5 47.2 49.5 54.0    
Equity (As % Of Assets) %               5.90 6.31 7.76 8.45 9.92    
Loans (As % Of Deposits) %               41.0 45.2 53.9 53.6 59.5    
Loans (As % Assets) %               30.9 29.9 33.1 33.5 41.7    
NPLs (As % Of Loans) % ... ... ...         9.37 9.83 10.3 10.5 13.8    
Provisions (As % Of NPLs) % ... ... ...         30.6 32.5 37.9 50.9 41.7    
Provisions (As % Of Loans) %               2.95 3.30 4.06 5.62 6.09    
Cost of Provisions (As % Of Loans) %               0.627 0.459 0.759 2.10 1.23    
other data Unit 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
other data                            
Branches ...             12.0 11.0 11.0 12.0 12.0    
Employees               142 150 160 159 167    
Sight (As % Of Customer Deposits) % ... ... ... ... ... ... ... ... ... 26.5 27.8 28.9    

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Privatbanka's customer deposits rose 5.42% to EUR 464 mil in 2017

By Helgi Analytics - November 05, 2019

Privatbanka's customer deposits reached EUR 464 mil in 2017, up 5.42% compared to the previous year. Slovak banking sector accepted customer deposits of EUR 55.7 bil in 2017, up 5.33% when compared to the last year. Privatbanka accounted for 0.852% of all...

Privatbanka's total revenues rose 4.75% to EUR 23.6 mil in 2017

By Helgi Analytics - November 05, 2019

Privatbanka generated total banking revenues of EUR 23.6 mil in 2017, up 4.75% compared to the previous year. Slovak banking sector banking sector generated total revenues of EUR 2,324 mil in 2017, down 10.6% when compared to the last year. As a...

Privatbanka's net interest margin fell 4.97% to 1.81% in 2017

By Helgi Analytics - November 05, 2019

Privatbanka's net interest margin amounted to 1.81% in 2017, down from 1.91% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 2.30% in 2014 and an all time low of 1.76% in 2012. The average margin i...

Privatbanka's employees rose 11.4% to 186 in 2017

By Helgi Analytics - November 05, 2019

Privatbanka employed 186 persons in 2017, up 11.4% when compared to the previous year. Historically, the bank's workforce hit an all time high of 186 persons in 2017 and an all time low of 91.0 in 2005. Average cost reached USD 3,501 per month per employee, 2...

Privatbanka's retail deposits rose 8.74% to EUR 355 mil in 2017

By Helgi Analytics - November 05, 2019

Privatbanka's retail deposits reached EUR 355 mil in 2017, up 8.74% compared to the previous year. Slovak banking sector accepted retail deposits of EUR 35.1 bil in 2017, up 4.67% when compared to the last year. Privatbanka accounted for 1.01% of all reta...

Privatbanka's corporate loans rose 14.8% to EUR 332 mil in 2017

By Helgi Analytics - November 05, 2019

Privatbanka's corporate loans reached EUR 332 mil in 2017, up 14.8% compared to the previous year. Slovak banking sector provided corporate loans of EUR 17.5 bil in 2017, up 6.40% when compared to the last year. Privatbanka accounted for 1.90% of all corp...

Privatbanka's corporate deposits rose 2.39% to EUR 80.9 mil in 2017

By Helgi Analytics - November 05, 2019

Privatbanka's corporate deposits reached EUR 80.9 mil in 2017, up 2.39% compared to the previous year. Slovak banking sector accepted corporate deposits of EUR 12.3 bil in 2017, up 9.35% when compared to the last year. Privatbanka accounted for 0.656% of ...

Privatbanka's costs (as % of assets) fell 6.62% to 1.83% in 2017

By Helgi Analytics - November 05, 2019

Privatbanka's cost to income ratio reached 49.4% in 2017, down from 52.7% compared to the previous year. Historically, the bank’s costs reached an all time high of 83.4% of income in 2005 and an all time low of 49.3% in 2014. When compared to total assets,...

Privatbanka's net interest income fell 0.095% to EUR 11.6 mil in 2017

By Helgi Analytics - November 05, 2019

Privatbanka generated total banking revenues of EUR 23.6 mil in 2017, up 4.75% 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 EUR 23.6 mil in 2017 and an all...

Privatbanka's customer loan growth rose 12.2% to 18.4% in 2017

By Helgi Analytics - November 05, 2019

Privatbanka's customer loan growth reached 18.4% in 2017, up from 16.4% compared to the previous year. Historically, the bank’s loans growth reached an all time high of 152% in 2007 and an all time low of -32.6% in 2008. In the last decade, the average an...

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Privatbanka is a Slovakia-based bank. The Bank provides a range of banking and financial services to commercial, financial, and private customers principally in the Slovak Republic and the Czech Republic. Privatbanka was the first bank in Slovakia to specialise in the providing of private banking services. The services now include wealth and portfolio services; and individual products, such as above-limit term deposits, various bonds, independent products, and foreign exchange transaction services, as well as banking advisory and personal financial services. Privatbanka was founded in 1995 and is headquartered in Bratislava, Slovakia. In the middle of 2007, the Bank was acquired by the Penta Group

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Finance

Privatbanka has been growing its revenues and asset by 14.6% and 8.66% a year on average in the last 10 years. Its loans and deposits have grown by 9.08% and 8.95% a year during that time and loans to deposits ratio reached 73.8% at the end of 2017. The company achieved an average return on equity of 10.5% in the last decade with net profit growing 19.4% a year on average. In terms of operating efficiency, its cost to income ratio reached 49.4% in 2017, compared to 56.1% average in the last decade.

Equity represented 11.8% of total assets or 22.7% of loans at the end of 2017. Privatbanka's non-performing loans were 5.02% of total loans while provisions covered some 79.6% of NPLs at the end of 2017.