By Helgi Library - December 12, 2019
Prva Stavebna Sporitelna's mortgage loans reached EUR 2,155 mil in 2017, up 4.60% compared to the previous year. Slovak banking...
By Helgi Library - May 26, 2018
Prva Stavebna Sporitelna made a net profit of EUR 17.4 mil under revenues of EUR 73.1 mil in 2017, up -14.8% and -4.06% respectively ...
By Helgi Library - December 12, 2019
Prva Stavebna Sporitelna's customer deposits reached EUR 2,735 mil in 2017, up 6.29% compared to the previous year. Slovak bank...
| Profit Statement | 2015 | 2016 | 2017 | |
| Net Interest Income | EUR mil | 65.2 | 60.7 | 56.9 |
| Net Fee Income | EUR mil | 17.6 | 15.1 | 15.7 |
| Other Income | EUR mil | 0.657 | 0.327 | 0.483 |
| Total Revenues | EUR mil | 83.5 | 76.2 | 73.1 |
| Staff Cost | EUR mil | 16.7 | 14.3 | 14.9 |
| Operating Profit | EUR mil | 39.3 | 35.3 | 31.6 |
| Provisions | EUR mil | 8.90 | 7.15 | 9.51 |
| Net Profit | EUR mil | 22.7 | 20.4 | 17.4 |
| Balance Sheet | 2015 | 2016 | 2017 | |
| Interbank Loans | EUR mil | 22.5 | 72.3 | 37.4 |
| Customer Loans | EUR mil | 2,022 | 2,073 | 2,168 |
| Total Assets | EUR mil | 2,720 | 2,848 | 3,004 |
| Shareholders' Equity | EUR mil | 240 | 240 | 235 |
| Interbank Borrowing | EUR mil | 0 | 0 | 0 |
| Customer Deposits | EUR mil | 2,433 | 2,574 | 2,735 |
| Issued Debt Securities | EUR mil | 0 | 0 | 0 |
| Ratios | 2015 | 2016 | 2017 | |
| ROE | % | 9.46 | 8.51 | 7.32 |
| ROA | % | 0.849 | 0.733 | 0.594 |
| Costs (As % Of Assets) | % | 1.65 | 1.47 | 1.42 |
| Costs (As % Of Income) | % | 52.9 | 53.7 | 56.8 |
| Capital Adequacy Ratio | % | 12.8 | 12.5 | 13.2 |
| Net Interest Margin | % | 2.43 | 2.18 | 1.95 |
| Loans (As % Of Deposits) | % | 83.1 | 80.6 | 79.2 |
| NPLs (As % Of Loans) | % | 9.15 | 8.71 | 8.63 |
| Provisions (As % Of NPLs) | % | 31.4 | 31.7 | 30.6 |
| Growth Rates | 2015 | 2016 | 2017 | |
| Total Revenue Growth | % | 1.75 | -8.83 | -4.06 |
| Operating Cost Growth | % | -6.93 | -7.52 | 1.49 |
| Operating Profit Growth | % | 13.7 | -10.3 | -10.5 |
| Net Profit Growth | % | 1.48 | -10.2 | -14.8 |
| Customer Loan Growth | % | 4.47 | 2.55 | 4.56 |
| Total Asset Growth | % | 3.02 | 4.73 | 5.45 |
| Customer Deposit Growth | % | 3.22 | 5.79 | 6.29 |
| Shareholders' Equity Growth | % | -0.179 | -0.128 | -1.87 |
| Employees | 412 | 413 | 406 | |
Get all company financials in excel:
| summary | Unit | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| income statement | |||||||||||||||||||
| Net Interest Income | EUR mil | 66.2 | 67.1 | 66.2 | 62.0 | 65.2 | |||||||||||||
| Total Revenues | EUR mil | 94.5 | 89.0 | 88.9 | 82.1 | 83.5 | |||||||||||||
| Operating Profit | EUR mil | 47.6 | 42.1 | 41.5 | 34.6 | 39.3 | |||||||||||||
| Net Profit | EUR mil | 28.8 | 29.3 | 25.4 | 22.4 | 22.7 | |||||||||||||
| balance sheet | |||||||||||||||||||
| Interbank Loans | EUR mil | 70.5 | 54.1 | 109 | 146 | 22.5 | |||||||||||||
| Customer Loans | EUR mil | 1,769 | 1,882 | 1,936 | 1,935 | 2,022 | |||||||||||||
| Debt Securities | EUR mil | 316 | 275 | 275 | 478 | 578 | |||||||||||||
| Total Assets | EUR mil | 2,224 | 2,285 | 2,414 | 2,640 | 2,720 | |||||||||||||
| Shareholders' Equity | EUR mil | 251 | 250 | 245 | 241 | 240 | |||||||||||||
| Interbank Borrowing | EUR mil | 0 | 0 | 0 | 0 | 0 | |||||||||||||
| Customer Deposits | EUR mil | 1,902 | 1,999 | 2,124 | 2,357 | 2,433 | |||||||||||||
| Issued Debt Securities | EUR mil | 33.5 | 0 | 0 | 0 | 0 | |||||||||||||
| ratios | |||||||||||||||||||
| ROE | % | 11.4 | 11.7 | 10.3 | 9.23 | 9.46 | |||||||||||||
| ROA | % | 1.33 | 1.30 | 1.08 | 0.887 | 0.849 | |||||||||||||
| Costs (As % Of Assets) | % | 2.16 | 2.08 | 2.02 | 1.88 | 1.65 | |||||||||||||
| Costs (As % Of Income) | % | 49.7 | 52.6 | 53.3 | 57.9 | 52.9 | |||||||||||||
| Capital Adequacy Ratio | % | ... | 15.1 | 12.5 | 13.7 | 13.1 | 12.8 | ||||||||||||
| Net Interest Margin | % | 3.05 | 2.98 | 2.82 | 2.45 | 2.43 | |||||||||||||
| Interest Income (As % Of Revenues) | % | 70.0 | 75.5 | 74.4 | 75.5 | 78.1 | |||||||||||||
| Fee Income (As % Of Revenues) | % | 28.7 | 23.3 | 24.5 | 23.6 | 21.1 | |||||||||||||
| Staff Cost (As % Of Total Cost) | % | 33.4 | 35.0 | 36.0 | 36.1 | 37.9 | |||||||||||||
| Equity (As % Of Assets) | % | 11.3 | 11.0 | 10.2 | 9.11 | 8.83 | |||||||||||||
| Loans (As % Of Deposits) | % | 93.0 | 94.1 | 91.2 | 82.1 | 83.1 | |||||||||||||
| Loans (As % Assets) | % | 79.5 | 82.4 | 80.2 | 73.3 | 74.3 | |||||||||||||
| NPLs (As % Of Loans) | % | ... | 9.93 | 9.97 | 9.84 | 9.08 | 9.15 | ||||||||||||
| Provisions (As % Of NPLs) | % | ... | 34.3 | 32.9 | 31.7 | 32.6 | 31.4 | ||||||||||||
| valuation | |||||||||||||||||||
| Book Value Per Share Growth | % | ... | 0.139 | 1.39 | -1.42 | -6.35 | 5.26 |
| income statement | Unit | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| income statement | |||||||||||||||||||
| Interest Income | EUR mil | 118 | 119 | 121 | 120 | 118 | |||||||||||||
| Interest Cost | EUR mil | 51.7 | 52.3 | 54.7 | 57.9 | 53.2 | |||||||||||||
| Net Interest Income | EUR mil | 66.2 | 67.1 | 66.2 | 62.0 | 65.2 | |||||||||||||
| Net Fee Income | EUR mil | 27.2 | 20.7 | 21.8 | 19.4 | 17.6 | |||||||||||||
| Other Income | EUR mil | 1.16 | 1.09 | 0.925 | 0.758 | 0.657 | |||||||||||||
| Total Revenues | EUR mil | 94.5 | 89.0 | 88.9 | 82.1 | 83.5 | |||||||||||||
| Staff Cost | EUR mil | 15.7 | 16.4 | 17.1 | 17.1 | 16.7 | |||||||||||||
| Depreciation | EUR mil | 4.42 | 3.57 | 2.93 | 3.49 | 3.96 | |||||||||||||
| Other Cost | EUR mil | 26.8 | 26.9 | 27.4 | 26.9 | 23.5 | |||||||||||||
| Operating Cost | EUR mil | 47.0 | 46.8 | 47.4 | 47.5 | 44.2 | |||||||||||||
| Operating Profit | EUR mil | 47.6 | 42.1 | 41.5 | 34.6 | 39.3 | |||||||||||||
| Provisions | EUR mil | 10.8 | 8.47 | 6.50 | 5.41 | 8.90 | |||||||||||||
| Extra and Other Cost | EUR mil | 0 | 0 | 0 | 0 | 0 | |||||||||||||
| Pre-Tax Profit | EUR mil | 36.8 | 33.7 | 35.0 | 29.2 | 30.4 | |||||||||||||
| Tax | EUR mil | 7.97 | 4.36 | 9.60 | 6.76 | 7.67 | |||||||||||||
| Minorities | EUR mil | 0 | 0 | 0 | 0 | 0 | |||||||||||||
| Net Profit | EUR mil | 28.8 | 29.3 | 25.4 | 22.4 | 22.7 | |||||||||||||
| growth rates | |||||||||||||||||||
| Net Interest Income Growth | % | ... | 0.139 | 1.39 | -1.42 | -6.35 | 5.26 | ||||||||||||
| Net Fee Income Growth | % | ... | -0.473 | -23.6 | 5.10 | -11.2 | -8.91 | ||||||||||||
| Total Revenue Growth | % | ... | -0.183 | -5.89 | -0.074 | -7.65 | 1.75 | ||||||||||||
| Operating Cost Growth | % | ... | 9.97 | -0.243 | 1.16 | 0.276 | -6.93 | ||||||||||||
| Operating Profit Growth | % | ... | -8.52 | -11.5 | -1.45 | -16.7 | 13.7 | ||||||||||||
| Pre-Tax Profit Growth | % | ... | -0.605 | -8.51 | 4.05 | -16.7 | 4.26 | ||||||||||||
| Net Profit Growth | % | ... | -0.737 | 1.67 | -13.2 | -11.8 | 1.48 | ||||||||||||
| market share | |||||||||||||||||||
| Market Share in Revenues | % | 3.86 | 4.24 | 3.83 | 3.34 | 3.67 | |||||||||||||
| Market Share in Net Profit | % | 4.27 | 6.10 | 4.63 | 4.00 | 3.75 | |||||||||||||
| Market Share in Employees | % | ... | 2.14 | 2.10 | 2.20 | 2.19 | 2.18 | ||||||||||||
| Market Share in Branches | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 33.6 | ... | ... | ... |
| balance sheet | Unit | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| balance sheet | |||||||||||||||||||
| Cash | EUR mil | 0.501 | 3.65 | 19.2 | 0.358 | 19.1 | |||||||||||||
| Interbank Loans | EUR mil | 70.5 | 54.1 | 109 | 146 | 22.5 | |||||||||||||
| Customer Loans | EUR mil | 1,769 | 1,882 | 1,936 | 1,935 | 2,022 | |||||||||||||
| Retail Loans | EUR mil | 1,769 | 1,882 | 1,936 | 1,935 | 2,022 | |||||||||||||
| Mortgage Loans | EUR mil | 1,769 | 1,882 | 1,936 | 1,935 | 2,012 | |||||||||||||
| Consumer Loans | EUR mil | 0 | 0 | 0 | 0 | 9.32 | |||||||||||||
| Debt Securities | EUR mil | 316 | 275 | 275 | 478 | 578 | |||||||||||||
| Fixed Assets | EUR mil | 41.2 | 40.5 | 47.7 | 51.6 | 53.0 | |||||||||||||
| Total Assets | EUR mil | 2,224 | 2,285 | 2,414 | 2,640 | 2,720 | |||||||||||||
| Shareholders' Equity | EUR mil | 251 | 250 | 245 | 241 | 240 | |||||||||||||
| Of Which Minority Interest | EUR mil | 0 | 0 | 0 | 0 | 0 | |||||||||||||
| Liabilities | EUR mil | 1,973 | 2,035 | 2,169 | 2,399 | 2,480 | |||||||||||||
| Interbank Borrowing | EUR mil | 0 | 0 | 0 | 0 | 0 | |||||||||||||
| Customer Deposits | EUR mil | 1,902 | 1,999 | 2,124 | 2,357 | 2,433 | |||||||||||||
| Retail Deposits | EUR mil | 1,830 | 1,924 | 2,048 | 2,281 | 2,372 | |||||||||||||
| Corporate Deposits | EUR mil | 55.8 | 59.5 | 60.2 | 62.3 | 60.6 | |||||||||||||
| Issued Debt Securities | EUR mil | 33.5 | 0 | 0 | 0 | 0 | |||||||||||||
| Other Liabilities | EUR mil | 37.4 | 35.6 | 45.4 | 42.8 | 47.1 | |||||||||||||
| asset quality | |||||||||||||||||||
| Non-Performing Loans | EUR mil | ... | 182 | 194 | 197 | 181 | 190 | ||||||||||||
| Gross Loans | EUR mil | ... | 1,831 | 1,946 | 1,998 | 1,994 | 2,081 | ||||||||||||
| Total Provisions | EUR mil | ... | 62.4 | 63.9 | 62.3 | 59.0 | 59.7 | ||||||||||||
| growth rates | |||||||||||||||||||
| Customer Loan Growth | % | ... | 1.88 | 6.42 | 2.87 | -0.054 | 4.47 | ||||||||||||
| Retail Loan Growth | % | ... | 1.88 | 6.42 | 2.87 | -0.054 | 4.47 | ||||||||||||
| Mortgage Loan Growth | % | ... | 1.88 | 6.42 | 2.87 | -0.054 | 3.98 | ||||||||||||
| Consumer Loan Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||
| Total Asset Growth | % | ... | 4.68 | 2.75 | 5.65 | 9.35 | 3.02 | ||||||||||||
| Shareholders' Equity Growth | % | ... | -0.733 | -0.272 | -2.03 | -1.91 | -0.179 | ||||||||||||
| Customer Deposit Growth | % | ... | 5.57 | 5.11 | 6.22 | 11.0 | 3.22 | ||||||||||||
| Retail Deposit Growth | % | ... | 5.41 | 5.13 | 6.46 | 11.3 | 4.00 | ||||||||||||
| Corporate Deposit Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | 8.72 | 6.62 | 1.29 | 3.51 | -2.79 | ||||
| market share | |||||||||||||||||||
| Market Share in Customer Loans | % | 4.86 | 5.07 | 4.94 | 4.63 | 4.45 | |||||||||||||
| Market Share in Consumer Loans | % | 10.3 | 10.0 | 9.42 | 8.40 | 7.80 | |||||||||||||
| Market Share in Mortgage Loans | % | ... | ... | ... | 14.4 | 13.8 | 12.7 | 11.2 | 10.2 | ||||||||||
| Market Share in Total Assets | % | 3.77 | 3.83 | 3.96 | 4.11 | 3.94 | |||||||||||||
| Market Share in Customer Deposits | % | 4.74 | 4.72 | 4.79 | 5.12 | 4.82 | |||||||||||||
| Market Share in Retail Deposits | % | 7.28 | 7.23 | 7.49 | 7.99 | 7.63 |
| ratios | Unit | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| ratios | |||||||||||||||||||
| ROE | % | 11.4 | 11.7 | 10.3 | 9.23 | 9.46 | |||||||||||||
| ROA | % | 1.33 | 1.30 | 1.08 | 0.887 | 0.849 | |||||||||||||
| Costs (As % Of Assets) | % | 2.16 | 2.08 | 2.02 | 1.88 | 1.65 | |||||||||||||
| Costs (As % Of Income) | % | 49.7 | 52.6 | 53.3 | 57.9 | 52.9 | |||||||||||||
| Capital Adequacy Ratio | % | ... | 15.1 | 12.5 | 13.7 | 13.1 | 12.8 | ||||||||||||
| Net Interest Margin | % | 3.05 | 2.98 | 2.82 | 2.45 | 2.43 | |||||||||||||
| Interest Spread | % | ... | 2.73 | 2.69 | 2.54 | 2.21 | 2.24 | ||||||||||||
| Asset Yield | % | 5.42 | 5.30 | 5.14 | 4.74 | 4.42 | |||||||||||||
| Cost Of Liabilities | % | ... | 2.69 | 2.61 | 2.60 | 2.53 | 2.18 | ||||||||||||
| Interest Income (As % Of Revenues) | % | 70.0 | 75.5 | 74.4 | 75.5 | 78.1 | |||||||||||||
| Fee Income (As % Of Revenues) | % | 28.7 | 23.3 | 24.5 | 23.6 | 21.1 | |||||||||||||
| Other Income (As % Of Revenues) | % | 1.23 | 1.23 | 1.04 | 0.923 | 0.787 | |||||||||||||
| Cost Per Employee | USD per month | ... | 4,614 | 4,469 | 4,634 | 4,512 | 3,881 | ||||||||||||
| Cost Per Employee (Local Currency) | EUR per month | ... | 3,318 | 3,481 | 3,491 | 3,500 | 3,386 | ||||||||||||
| Staff Cost (As % Of Total Cost) | % | 33.4 | 35.0 | 36.0 | 36.1 | 37.9 | |||||||||||||
| Equity (As % Of Assets) | % | 11.3 | 11.0 | 10.2 | 9.11 | 8.83 | |||||||||||||
| Loans (As % Of Deposits) | % | 93.0 | 94.1 | 91.2 | 82.1 | 83.1 | |||||||||||||
| Loans (As % Assets) | % | 79.5 | 82.4 | 80.2 | 73.3 | 74.3 | |||||||||||||
| NPLs (As % Of Loans) | % | ... | 9.93 | 9.97 | 9.84 | 9.08 | 9.15 | ||||||||||||
| Provisions (As % Of NPLs) | % | ... | 34.3 | 32.9 | 31.7 | 32.6 | 31.4 | ||||||||||||
| Provisions (As % Of Loans) | % | ... | 3.53 | 3.40 | 3.22 | 3.05 | 2.95 | ||||||||||||
| Cost of Provisions (As % Of Loans) | % | 0.616 | 0.464 | 0.341 | 0.280 | 0.450 |
| other data | Unit | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| other data | |||||||||||||||||||
| Branches | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 317 | ... | ... | ... | |
| Employees | ... | 394 | 392 | 407 | 408 | 412 | |||||||||||||
| Number Of Loan Contracts | '000 | ... | 20.7 | 24.0 | 22.7 | 21.8 | 22.6 | ||||||||||||
| Number Of Deposit Contracts | '000 | ... | 852 | 850 | 833 | 831 | 831 | ||||||||||||
| Number Of All Contracts | '000 | ... | 873 | 874 | 856 | 853 | 853 | ||||||||||||
| Size Of Average Loan | EUR mil | ... | 0.085 | 0.079 | 0.085 | 0.089 | 0.089 | ||||||||||||
| Size Of Average Deposit | EUR mil | ... | 0.002 | 0.002 | 0.003 | 0.003 | 0.003 |
Get all company financials in excel:
By Helgi Library - December 12, 2019
Prva Stavebna Sporitelna's customer loans reached EUR 2,168 mil in 2017, up 4.56% compared to the previous year. Slovak banking sector provided customer loans of EUR 54.8 bil in 2017, up 9.56% when compared to the last year. Prva Stavebna Sporitelna accou...
By Helgi Library - May 26, 2018
Prva Stavebna Sporitelna's net interest margin amounted to 1.95% in 2017, down from 2.18% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 4.32% in 2002 and an all time low of 1.95% in 2017. The ave...
By Helgi Library - December 12, 2019
Prva Stavebna Sporitelna's consumer loans reached EUR 12.3 mil in 2017, down 3.23% compared to the previous year. Slovak banking sector provided consumer loans of EUR 7.45 bil in 2017, up 8.46% when compared to the last year. Prva Stavebna Sporitelna acco...
By Helgi Library - July 16, 2018
Prva Stavebna Sporitelna's retail deposits reached EUR 2,672 mil in 2017, up 6.27% 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. Prva Stavebna Sporitelna acc...
By Helgi Library - May 26, 2018
Prva Stavebna Sporitelna's non-performing loans reached 8.63% of total loans at the end of 2017, down from 8.71% compared to the previous year. Historically, the NPL ratio hit an all time high of 9.97% in 2012 and an all time low of 1.26% in 2001. Provision...
By Helgi Library - July 16, 2018
Prva Stavebna Sporitelna generated total banking revenues of EUR 73.1 mil in 2017, down 4.06% 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 y...
By Helgi Library - May 26, 2018
Prva Stavebna Sporitelna generated total banking revenues of EUR 73.1 mil in 2017, down 4.06% 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 94.7 mil in ...
By Helgi Library - May 26, 2018
Prva Stavebna Sporitelna's customer loan growth reached 4.56% in 2017, up from 2.55% compared to the previous year. Historically, the bank’s loans growth reached an all time high of 29.4% in 2006 and an all time low of -0.054% in 2014. In the last decade,...
Prvá stavebná sporitelna, a.s. is a Slovakia-based specialised bank. The Bank offers primarrily saving products; home loans; finance for the repair and reconstruction of residential houses; and solutions for the apartment owners and entrepreneurs. It also provides insurance products, such as house, apartment, or home furnishing insurance; family insurance; and funeral insurance products. The Bank was founded in 1992 and is headquartered in Bratislava, Slovakia. The Bank is partially owned by Erste Bank (holding 25.02%) while Bausparkasse Schwabisch Hall and Raiffeisen Bausparkassen have 32.5% each in the Bank
Prva Stavebna Sporitelna has been growing its revenues and asset by -0.242% and 6.35% a year on average in the last 10 years. Its loans and deposits have grown by 4.77% and 7.62% a year during that time and loans to deposits ratio reached 79.2% at the end of 2017. The company achieved an average return on equity of 9.98% in the last decade with net profit growing -3.29% a year on average. In terms of operating efficiency, its cost to income ratio reached 56.8% in 2017, compared to 52.1% average in the last decade.
Equity represented 7.84% of total assets or 10.9% of loans at the end of 2017. Prva Stavebna Sporitelna's non-performing loans were 8.63% of total loans while provisions covered some 30.6% of NPLs at the end of 2017.
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