By Helgi Library - October 19, 2019
Rusfinance Bank's net interest margin amounted to 4.82% in 2018, down from 6.73% compared to the previous year. Historical...
By Helgi Library - October 19, 2019
Rusfinance Bank's customer loans reached RUB 122 bil in 2018, up 12.1% compared to the previous year. Russian banking sector pr...
By Helgi Library - October 19, 2019
Rusfinance Bank made a net profit of RUB 0.115 bil under revenues of RUB 7.98 bil in 2018, up -89.6% and -12.4% respectively compared...
Profit Statement | 2016 | 2017 | 2018 | |
Net Interest Income | RUB bil | 8.13 | 7.13 | 5.82 |
Net Fee Income | RUB bil | 1.37 | 1.69 | 2.01 |
Other Income | RUB bil | 0.351 | 0.302 | 0.157 |
Total Revenues | RUB bil | 9.86 | 9.11 | 7.98 |
Operating Profit | RUB bil | 3.92 | 2.56 | 1.17 |
Provisions | RUB bil | 1.84 | 1.06 | 0.965 |
Net Profit | RUB bil | 1.65 | 1.10 | 0.115 |
Balance Sheet | 2016 | 2017 | 2018 | |
Interbank Loans | RUB bil | 0 | 2.46 | 2.71 |
Customer Loans | RUB bil | 90.5 | 109 | 122 |
Total Assets | RUB bil | 97.7 | 114 | 127 |
Shareholders' Equity | RUB bil | 23.0 | 23.7 | 23.3 |
Interbank Borrowing | RUB bil | 13.7 | 52.0 | 86.5 |
Customer Deposits | RUB bil | 13.5 | 13.1 | 9.66 |
Issued Debt Securities | RUB bil | 45.2 | 23.4 | 5.93 |
Ratios | 2016 | 2017 | 2018 | |
ROE | % | 7.16 | 4.71 | 0.488 |
ROA | % | 1.73 | 1.04 | 0.095 |
Costs (As % Of Assets) | % | 6.24 | 6.19 | 5.64 |
Costs (As % Of Income) | % | 60.2 | 72.0 | 85.4 |
Capital Adequacy Ratio | % | ... | 13.4 | ... |
Net Interest Margin | % | 8.56 | 6.73 | 4.82 |
Loans (As % Of Deposits) | % | 668 | 832 | 1,260 |
Growth Rates | 2016 | 2017 | 2018 | |
Total Revenue Growth | % | -7.30 | -7.52 | -12.4 |
Operating Cost Growth | % | 7.42 | 10.5 | 3.90 |
Operating Profit Growth | % | -23.2 | -34.8 | -54.3 |
Net Profit Growth | % | 105 | -33.2 | -89.6 |
Customer Loan Growth | % | 1.62 | 20.1 | 12.1 |
Total Asset Growth | % | 5.61 | 17.0 | 11.4 |
Customer Deposit Growth | % | -26.0 | -3.57 | -26.0 |
Shareholders' Equity Growth | % | 0.034 | 3.04 | -1.85 |
Employees | 5,057 | 5,517 | 4,586 |
Get all company financials in excel:
summary | Unit | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
income statement | |||||||||||||
Net Interest Income | RUB bil | 11.6 | 10.5 | 10.4 | 9.03 | 8.13 | |||||||
Total Revenues | RUB bil | 13.1 | 12.2 | 12.4 | 10.6 | 9.86 | |||||||
Operating Profit | RUB bil | 6.67 | 6.59 | 6.43 | 5.11 | 3.92 | |||||||
Net Profit | RUB bil | 4.02 | 2.94 | 2.37 | 0.802 | 1.65 | |||||||
balance sheet | |||||||||||||
Interbank Loans | RUB bil | 0 | 0 | 0 | 0 | 0 | |||||||
Customer Loans | RUB bil | 92.3 | 103 | 103 | 89.0 | 90.5 | |||||||
Debt Securities | RUB bil | 0 | 0.003 | 0 | 0.003 | 0.003 | |||||||
Total Assets | RUB bil | 98.1 | 109 | 119 | 92.5 | 97.7 | |||||||
Shareholders' Equity | RUB bil | 24.4 | 24.6 | 25.2 | 23.0 | 23.0 | |||||||
Interbank Borrowing | RUB bil | 41.3 | 32.8 | 22.9 | 8.07 | 13.7 | |||||||
Customer Deposits | RUB bil | 9.01 | 21.0 | 29.7 | 18.3 | 13.5 | |||||||
Issued Debt Securities | RUB bil | 21.9 | 28.9 | 39.3 | 39.2 | 45.2 | |||||||
ratios | |||||||||||||
ROE | % | 16.6 | 12.0 | 9.50 | 3.32 | 7.16 | |||||||
ROA | % | 4.13 | 2.84 | 2.08 | 0.759 | 1.73 | |||||||
Costs (As % Of Assets) | % | 6.63 | 5.45 | 5.28 | 5.23 | 6.24 | |||||||
Costs (As % Of Income) | % | 49.2 | 46.1 | 48.3 | 52.0 | 60.2 | |||||||
Capital Adequacy Ratio | % | ... | 25.1 | 23.1 | 22.3 | ... | ... | ... | |||||
Net Interest Margin | % | 12.0 | 10.2 | 9.15 | 8.54 | 8.56 | |||||||
Interest Income (As % Of Revenues) | % | 88.6 | 85.8 | 83.7 | 84.9 | 82.5 | |||||||
Fee Income (As % Of Revenues) | % | 10.2 | 11.5 | 13.4 | 11.8 | 13.9 | |||||||
Equity (As % Of Assets) | % | 24.9 | 22.6 | 21.2 | 24.9 | 23.6 | |||||||
Loans (As % Of Deposits) | % | 1,024 | 488 | 348 | 486 | 668 | |||||||
Loans (As % Assets) | % | 94.1 | 94.4 | 86.8 | 96.3 | 92.6 |
income statement | Unit | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
income statement | |||||||||||||
Interest Income | RUB bil | 17.5 | 16.8 | 17.4 | 17.3 | 15.3 | |||||||
Interest Cost | RUB bil | 5.84 | 6.28 | 7.01 | 8.29 | 7.21 | |||||||
Net Interest Income | RUB bil | 11.6 | 10.5 | 10.4 | 9.03 | 8.13 | |||||||
Net Fee Income | RUB bil | 1.34 | 1.41 | 1.66 | 1.26 | 1.37 | |||||||
Other Income | RUB bil | 0.149 | 0.321 | 0.360 | 0.347 | 0.351 | |||||||
Total Revenues | RUB bil | 13.1 | 12.2 | 12.4 | 10.6 | 9.86 | |||||||
Operating Cost | RUB bil | 6.46 | 5.64 | 6.00 | 5.53 | 5.94 | |||||||
Operating Profit | RUB bil | 6.67 | 6.59 | 6.43 | 5.11 | 3.92 | |||||||
Provisions | RUB bil | 1.32 | 2.67 | 3.35 | 4.10 | 1.84 | |||||||
Extra and Other Cost | RUB bil | 0.201 | 0.133 | 0.058 | < 0.001 | < 0.001 | |||||||
Pre-Tax Profit | RUB bil | 5.15 | 3.79 | 3.02 | 1.01 | 2.08 | |||||||
Tax | RUB bil | 1.13 | 0.850 | 0.654 | 0.208 | 0.437 | |||||||
Minorities | RUB bil | 0 | 0 | 0 | 0 | 0 | |||||||
Net Profit | RUB bil | 4.02 | 2.94 | 2.37 | 0.802 | 1.65 | |||||||
growth rates | |||||||||||||
Net Interest Income Growth | % | ... | -4.04 | -9.84 | -0.812 | -13.3 | -9.87 | ||||||
Net Fee Income Growth | % | ... | 43.3 | 4.94 | 18.1 | -24.4 | 8.82 | ||||||
Total Revenue Growth | % | ... | -0.436 | -6.91 | 1.71 | -14.5 | -7.30 | ||||||
Operating Cost Growth | % | ... | 2.85 | -12.7 | 6.49 | -7.94 | 7.42 | ||||||
Operating Profit Growth | % | ... | 2.85 | -12.7 | 14.1 | -20.6 | -23.2 | ||||||
Pre-Tax Profit Growth | % | ... | -7.83 | -26.5 | -20.2 | -66.6 | 106 | ||||||
Net Profit Growth | % | ... | -8.88 | -27.0 | -19.4 | -66.1 | 105 | ||||||
market share | |||||||||||||
Market Share in Revenues | % | < 0.001 | < 0.001 | < 0.001 | < 0.001 | < 0.001 | ... | ||||||
Market Share in Net Profit | % | < 0.001 | < 0.001 | < 0.001 | < 0.001 | < 0.001 | ... | ||||||
Market Share in Employees | % | ... | ... | ... | ... | ... | ... | ... | 0.557 | 0.568 | ... | ... | ... |
balance sheet | Unit | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
balance sheet | |||||||||||||
Cash | RUB bil | 4.33 | 4.79 | 13.6 | 1.91 | 5.75 | |||||||
Interbank Loans | RUB bil | 0 | 0 | 0 | 0 | 0 | |||||||
Customer Loans | RUB bil | 92.3 | 103 | 103 | 89.0 | 90.5 | |||||||
Debt Securities | RUB bil | 0 | 0.003 | 0 | 0.003 | 0.003 | |||||||
Fixed Assets | RUB bil | 0.437 | 0.412 | 0.411 | 0.459 | 0.498 | |||||||
Total Assets | RUB bil | 98.1 | 109 | 119 | 92.5 | 97.7 | |||||||
Shareholders' Equity | RUB bil | 24.4 | 24.6 | 25.2 | 23.0 | 23.0 | |||||||
Of Which Minority Interest | RUB bil | 0 | 0 | 0 | 0 | 0 | |||||||
Liabilities | RUB bil | 73.7 | 84.1 | 93.7 | 69.4 | 74.6 | |||||||
Interbank Borrowing | RUB bil | 41.3 | 32.8 | 22.9 | 8.07 | 13.7 | |||||||
Customer Deposits | RUB bil | 9.01 | 21.0 | 29.7 | 18.3 | 13.5 | |||||||
Sight Deposits | RUB bil | 2.06 | 2.17 | 1.80 | 1.56 | 1.99 | |||||||
Issued Debt Securities | RUB bil | 21.9 | 28.9 | 39.3 | 39.2 | 45.2 | |||||||
Other Liabilities | RUB bil | 1.51 | 1.27 | 1.84 | 3.81 | 2.24 | |||||||
asset quality | |||||||||||||
Gross Loans | RUB bil | ... | 106 | 115 | 115 | 102 | 102 | ||||||
Total Provisions | RUB bil | ... | 13.3 | 12.7 | 12.1 | 13.3 | 12.0 | ||||||
growth rates | |||||||||||||
Customer Loan Growth | % | ... | 1.25 | 11.0 | 0.732 | -13.8 | 1.62 | ||||||
Total Asset Growth | % | ... | 1.51 | 10.7 | 9.45 | -22.2 | 5.61 | ||||||
Shareholders' Equity Growth | % | ... | 1.35 | 0.824 | 2.58 | -8.73 | 0.034 | ||||||
Customer Deposit Growth | % | ... | -5.61 | 133 | 41.1 | -38.3 | -26.0 | ||||||
market share | |||||||||||||
Market Share in Customer Loans | % | 0.309 | 0.288 | 0.227 | 0.181 | 0.194 | |||||||
Market Share in Total Assets | % | 0.210 | 0.200 | 0.163 | 0.120 | 0.132 | |||||||
Market Share in Customer Deposits | % | 0.044 | 0.088 | 0.094 | 0.049 | 0.038 |
ratios | Unit | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
ratios | |||||||||||||
ROE | % | 16.6 | 12.0 | 9.50 | 3.32 | 7.16 | |||||||
ROA | % | 4.13 | 2.84 | 2.08 | 0.759 | 1.73 | |||||||
Costs (As % Of Assets) | % | 6.63 | 5.45 | 5.28 | 5.23 | 6.24 | |||||||
Costs (As % Of Income) | % | 49.2 | 46.1 | 48.3 | 52.0 | 60.2 | |||||||
Capital Adequacy Ratio | % | ... | 25.1 | 23.1 | 22.3 | ... | ... | ... | |||||
Tier 1 Ratio | % | ... | 25.1 | 23.0 | 22.3 | ... | ... | ... | ... | ||||
Net Interest Margin | % | 12.0 | 10.2 | 9.15 | 8.54 | 8.56 | |||||||
Interest Spread | % | ... | 9.97 | 8.26 | 7.42 | 6.22 | 6.13 | ||||||
Asset Yield | % | 17.9 | 16.2 | 15.3 | 16.4 | 16.1 | |||||||
Cost Of Liabilities | % | ... | 7.98 | 7.96 | 7.89 | 10.2 | 10.0 | ||||||
Interest Income (As % Of Revenues) | % | 88.6 | 85.8 | 83.7 | 84.9 | 82.5 | |||||||
Fee Income (As % Of Revenues) | % | 10.2 | 11.5 | 13.4 | 11.8 | 13.9 | |||||||
Other Income (As % Of Revenues) | % | 1.13 | 2.62 | 2.90 | 3.26 | 3.56 | |||||||
Equity (As % Of Assets) | % | 24.9 | 22.6 | 21.2 | 24.9 | 23.6 | |||||||
Loans (As % Of Deposits) | % | 1,024 | 488 | 348 | 486 | 668 | |||||||
Loans (As % Assets) | % | 94.1 | 94.4 | 86.8 | 96.3 | 92.6 | |||||||
Provisions (As % Of Loans) | % | ... | 14.4 | 12.4 | 11.7 | 14.9 | 13.2 | ||||||
Cost of Provisions (As % Of Loans) | % | 1.44 | 2.74 | 3.26 | 4.26 | 2.05 |
other data | Unit | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
other data | |||||||||||||
Employees | 6,000 | 5,700 | 5,294 | 4,762 | 5,057 | ||||||||
Sight (As % Of Customer Deposits) | % | 22.9 | 10.3 | 6.06 | 8.53 | 14.7 |
Get all company financials in excel:
By Helgi Library - October 19, 2019
Rusfinance Bank's customer deposits reached RUB 9.66 bil in 2018, down 26.0% compared to the previous year. Russian banking sector accepted customer deposits of RUB 42,000 bil in 2018, up 12.1% when compared to the last year. Rusfinance Bank accounted for...
By Helgi Library - October 19, 2019
Rusfinance Bank generated total banking revenues of RUB 7.98 bil in 2018, down 12.4% 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 RUB 13.2 bil in 2011 and ...
By Helgi Library - October 19, 2019
Rusfinance Bank's customer loan growth reached 12.1% in 2018, down from 20.1% compared to the previous year. Historically, the bank’s loans growth reached an all time high of 76.6% in 2008 and an all time low of -13.8% in 2015. In the last decade, the ave...
By Helgi Library - October 19, 2019
Rusfinance Bank generated total banking revenues of RUB 9.11 bil in 2017, down 7.52% compared to the previous year. Russian banking sector banking sector generated total revenues of RUB 10,903,149 mil in 2017, down 16.9% when compared to the last year...
By Helgi Library - October 19, 2019
Rusfinance Bank's capital adequacy ratio reached 22.3% at the end of 2014, down from 23.1% compared to the previous year. Historically, the bank’s capital ratio hit an all time high of 25.1% in 2011 and an all time low of 14.5% in 2007. The Tier 1 ratio amoun...
Rusfinance Bank has been growing its revenues and asset by -9.11% and 11.2% a year on average in the last 3 years. Its loans and deposits have grown by 11.0% and -19.2% a year during that time and loans to deposits ratio reached 1,260% at the end of 2018. The company achieved an average return on equity of 4.12% in the last three years with net profit growing -47.7% a year on average. In terms of operating efficiency, its cost to income ratio reached 85.4% in 2018, compared to 72.5% average in the last three years.
Equity represented 18.3% of total assets or 19.1% of loans at the end of 2018. Rusfinance Bank's non-performing loans were of total loans while provisions covered some of NPLs at the end of 2018.