By Helgi Library - August 20, 2019
Sovcombank's non-performing loans reached 1.92% of total loans at the end of 2019-03-31, down from 2.53% compared to the previous...
By Helgi Library - August 20, 2019
Sovcombank made a net profit of RUB 5.68 bil under revenues of RUB 20.0 bil in the first quarter of 2019, up 13% and 48.3% ...
By Helgi Library - August 20, 2019
Sovcombank's net interest margin amounted to 5.79% in the first quarter of 2019, down from 6.16% when compared to the previous q...
| Profit Statement | Sep 2018 | Dec 2018 | Mar 2019 | |
| Net Interest Income | RUB bil | 13.2 | 14.1 | 13.9 |
| Net Fee Income | RUB bil | 5.30 | 5.41 | 5.31 |
| Other Income | RUB bil | 1.49 | 0.993 | 0.746 |
| Total Revenues | RUB bil | 20.0 | 20.5 | 20.0 |
| Staff Cost | RUB bil | 5.12 | 5.37 | 5.76 |
| Operating Profit | RUB bil | 10.9 | 9.71 | 10.3 |
| Provisions | RUB bil | 2.15 | 2.21 | 1.04 |
| Net Profit | RUB bil | 4.75 | 1.90 | 5.68 |
| Balance Sheet | Sep 2018 | Dec 2018 | Mar 2019 | |
| Interbank Loans | RUB bil | 37.8 | 48.5 | 37.2 |
| Customer Loans | RUB bil | 508 | 541 | 543 |
| Total Assets | RUB bil | 863 | 967 | 952 |
| Shareholders' Equity | RUB bil | 113 | 114 | 123 |
| Interbank Borrowing | RUB bil | 136 | 191 | 126 |
| Customer Deposits | RUB bil | 548 | 599 | 647 |
| Issued Debt Securities | RUB bil | 33.4 | 30.9 | 27.9 |
| Ratios | Sep 2018 | Dec 2018 | Mar 2019 | |
| ROE | % | 17.4 | 6.68 | 19.2 |
| ROA | % | 2.17 | 0.829 | 2.36 |
| Costs (As % Of Assets) | % | 4.13 | 4.72 | 4.02 |
| Costs (As % Of Income) | % | 45.3 | 52.6 | 48.3 |
| Capital Adequacy Ratio | % | 14.0 | 13.8 | 15.2 |
| Net Interest Margin | % | 6.02 | 6.16 | 5.79 |
| Loans (As % Of Deposits) | % | 92.6 | 90.4 | 83.9 |
| NPLs (As % Of Loans) | % | 1.88 | 1.79 | 1.92 |
| Provisions (As % Of NPLs) | % | 168 | 169 | 160 |
| Growth Rates | Sep 2018 | Dec 2018 | Mar 2019 | |
| Total Revenue Growth | % | 31.5 | 20.2 | 48.3 |
| Operating Cost Growth | % | 57.7 | 44.5 | 40.7 |
| Operating Profit Growth | % | 15.5 | 1.23 | 56.2 |
| Net Profit Growth | % | -40.5 | -76.4 | 13.0 |
| Customer Loan Growth | % | 105 | 103 | 108 |
| Total Asset Growth | % | 41.0 | 40.3 | 43.7 |
| Customer Deposit Growth | % | 62.4 | 66.9 | 61.2 |
| Shareholders' Equity Growth | % | 48.7 | 33.5 | 37.8 |
Get all company financials in excel:
| summary | Unit | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 |
| income statement | ||||||||||
| Net Interest Income | RUB bil | 8.89 | 8.74 | 9.12 | 13.3 | 13.2 | ||||
| Total Revenues | RUB bil | 15.2 | 17.1 | 13.5 | 22.6 | 20.0 | ||||
| Operating Profit | RUB bil | 9.45 | 9.59 | 6.60 | 13.7 | 10.9 | ||||
| Net Profit | RUB bil | 7.98 | 8.05 | 5.02 | 5.68 | 4.75 | ||||
| balance sheet | ||||||||||
| Interbank Loans | RUB bil | 5.49 | 9.34 | 6.81 | 8.30 | 37.8 | ||||
| Customer Loans | RUB bil | 247 | 266 | 261 | 362 | 508 | ||||
| Debt Securities | RUB bil | 313 | 354 | 318 | 405 | 218 | ||||
| Total Assets | RUB bil | 612 | 689 | 663 | 889 | 863 | ||||
| Shareholders' Equity | RUB bil | 76.1 | 85.4 | 88.9 | 105 | 113 | ||||
| Interbank Borrowing | RUB bil | 152 | 194 | 108 | 138 | 136 | ||||
| Customer Deposits | RUB bil | 337 | 359 | 402 | 579 | 548 | ||||
| Issued Debt Securities | RUB bil | 26.2 | 22.2 | 36.0 | 32.7 | 33.4 | ||||
| ratios | ||||||||||
| ROE | % | 44.1 | 39.9 | 23.0 | 23.4 | 17.4 | ||||
| ROA | % | 5.24 | 4.95 | 2.97 | 2.93 | 2.17 | ||||
| Costs (As % Of Assets) | % | 3.76 | 4.59 | 4.06 | 4.57 | 4.13 | ||||
| Costs (As % Of Income) | % | 37.7 | 43.8 | 50.9 | 39.3 | 45.3 | ||||
| Capital Adequacy Ratio | % | 17.3 | 16.5 | 19.5 | 14.7 | 14.0 | ||||
| Net Interest Margin | % | 5.84 | 5.37 | 5.39 | 6.84 | 6.02 | ||||
| Interest Income (As % Of Revenues) | % | 58.6 | 51.2 | 67.8 | 58.8 | 66.0 | ||||
| Fee Income (As % Of Revenues) | % | 31.4 | 33.6 | 28.6 | 24.1 | 26.5 | ||||
| Staff Cost (As % Of Total Cost) | % | 56.3 | 57.7 | 56.2 | 58.8 | 56.6 | ||||
| Equity (As % Of Assets) | % | 12.4 | 12.4 | 13.4 | 11.8 | 13.1 | ||||
| Loans (As % Of Deposits) | % | 73.3 | 74.2 | 65.0 | 62.4 | 92.6 | ||||
| Loans (As % Assets) | % | 40.4 | 38.6 | 39.4 | 40.7 | 58.8 | ||||
| NPLs (As % Of Loans) | % | 2.25 | 2.25 | 2.53 | 2.14 | 1.88 | ||||
| Provisions (As % Of NPLs) | % | 140 | 146 | 233 | 200 | 168 | ||||
| valuation | ||||||||||
| Book Value Per Share Growth | % | ... | ... | ... | ... | 15.6 | 52.2 | 48.1 |
| income statement | Unit | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 |
| income statement | ||||||||||
| Interest Income | RUB bil | 17.7 | 17.5 | 17.8 | 23.3 | 22.7 | ||||
| Interest Cost | RUB bil | 8.82 | 8.72 | 8.67 | 10.1 | 9.57 | ||||
| Net Interest Income | RUB bil | 8.89 | 8.74 | 9.12 | 13.3 | 13.2 | ||||
| Net Fee Income | RUB bil | 4.77 | 5.73 | 3.85 | 5.44 | 5.30 | ||||
| Other Income | RUB bil | 1.52 | 2.59 | 0.490 | 3.86 | 1.49 | ||||
| Total Revenues | RUB bil | 15.2 | 17.1 | 13.5 | 22.6 | 20.0 | ||||
| Staff Cost | RUB bil | 3.22 | 4.31 | 3.85 | 5.21 | 5.12 | ||||
| Depreciation | RUB bil | 0.144 | 0.292 | 0.247 | 0.289 | 0.489 | ||||
| Other Cost | RUB bil | 2.36 | 2.87 | 2.76 | 3.36 | 3.43 | ||||
| Operating Cost | RUB bil | 5.73 | 7.47 | 6.86 | 8.87 | 9.04 | ||||
| Operating Profit | RUB bil | 9.45 | 9.59 | 6.60 | 13.7 | 10.9 | ||||
| Provisions | RUB bil | 1.16 | 1.84 | 1.33 | 3.11 | 2.15 | ||||
| Extra and Other Cost | RUB bil | -0.983 | -2.34 | -1.03 | 4.75 | 2.70 | ||||
| Pre-Tax Profit | RUB bil | 9.28 | 10.1 | 6.31 | 5.85 | 6.07 | ||||
| Tax | RUB bil | 1.56 | 2.05 | 1.21 | 0.324 | 1.22 | ||||
| Minorities | RUB bil | -0.261 | 0 | 0.082 | -0.156 | 0.099 | ||||
| Net Profit | RUB bil | 7.98 | 8.05 | 5.02 | 5.68 | 4.75 | ||||
| growth rates | ||||||||||
| Net Interest Income Growth | % | ... | ... | ... | ... | 15.6 | 52.2 | 48.1 | ||
| Net Fee Income Growth | % | ... | ... | ... | ... | 9.47 | 34.8 | 11.0 | ||
| Total Revenue Growth | % | ... | ... | ... | ... | 5.45 | 75.4 | 31.5 | ||
| Operating Cost Growth | % | ... | ... | ... | ... | 37.8 | 45.0 | 57.7 | ||
| Operating Profit Growth | % | ... | ... | ... | ... | -15.2 | 103 | 15.5 | ||
| Pre-Tax Profit Growth | % | ... | ... | ... | ... | -39.2 | -15.3 | -34.6 | ||
| Net Profit Growth | % | ... | ... | ... | ... | -38.7 | 6.03 | -40.5 |
| balance sheet | Unit | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 |
| balance sheet | ||||||||||
| Cash | RUB bil | 35.5 | 42.9 | 53.4 | 94.4 | 76.4 | ||||
| Interbank Loans | RUB bil | 5.49 | 9.34 | 6.81 | 8.30 | 37.8 | ||||
| Customer Loans | RUB bil | 247 | 266 | 261 | 362 | 508 | ||||
| Debt Securities | RUB bil | 313 | 354 | 318 | 405 | 218 | ||||
| Fixed Assets | RUB bil | 5.27 | 4.94 | 5.71 | 8.92 | 11.1 | ||||
| Total Assets | RUB bil | 612 | 689 | 663 | 889 | 863 | ||||
| Shareholders' Equity | RUB bil | 76.1 | 85.4 | 88.9 | 105 | 113 | ||||
| Of Which Minority Interest | RUB bil | 0 | 1.62 | 1.70 | 7.18 | 1.95 | ||||
| Liabilities | RUB bil | 536 | 604 | 574 | 784 | 750 | ||||
| Interbank Borrowing | RUB bil | 152 | 194 | 108 | 138 | 136 | ||||
| Customer Deposits | RUB bil | 337 | 359 | 402 | 579 | 548 | ||||
| Issued Debt Securities | RUB bil | 26.2 | 22.2 | 36.0 | 32.7 | 33.4 | ||||
| Other Liabilities | RUB bil | 20.2 | 28.9 | 28.5 | 34.4 | 32.6 | ||||
| asset quality | ||||||||||
| Non-Performing Loans | RUB bil | 5.74 | 6.18 | 7.03 | 8.09 | 9.85 | ||||
| Gross Loans | RUB bil | 255 | 275 | 278 | 378 | 524 | ||||
| Total Provisions | RUB bil | 8.03 | 9.03 | 16.4 | 16.2 | 16.5 | ||||
| growth rates | ||||||||||
| Customer Loan Growth | % | ... | ... | ... | ... | 15.9 | 53.3 | 105 | ||
| Total Asset Growth | % | ... | ... | ... | ... | 17.5 | 46.4 | 41.0 | ||
| Shareholders' Equity Growth | % | ... | ... | ... | ... | 40.1 | 52.5 | 48.7 | ||
| Customer Deposit Growth | % | ... | ... | ... | ... | 37.9 | 89.5 | 62.4 |
| ratios | Unit | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 |
| ratios | ||||||||||
| ROE | % | 44.1 | 39.9 | 23.0 | 23.4 | 17.4 | ||||
| ROA | % | 5.24 | 4.95 | 2.97 | 2.93 | 2.17 | ||||
| Costs (As % Of Assets) | % | 3.76 | 4.59 | 4.06 | 4.57 | 4.13 | ||||
| Costs (As % Of Income) | % | 37.7 | 43.8 | 50.9 | 39.3 | 45.3 | ||||
| Capital Adequacy Ratio | % | 17.3 | 16.5 | 19.5 | 14.7 | 14.0 | ||||
| Tier 1 Ratio | % | 14.5 | 14.2 | 14.4 | 12.5 | 12.2 | ||||
| Net Interest Margin | % | 5.84 | 5.37 | 5.39 | 6.84 | 6.02 | ||||
| Interest Spread | % | ... | 5.06 | 4.61 | 4.63 | 6.10 | 5.40 | |||
| Asset Yield | % | 11.6 | 10.7 | 10.5 | 12.0 | 10.4 | ||||
| Cost Of Liabilities | % | ... | 6.56 | 6.12 | 5.89 | 5.93 | 4.99 | |||
| Payout Ratio | % | 0 | 0 | 0 | 0 | 0 | ||||
| Interest Income (As % Of Revenues) | % | 58.6 | 51.2 | 67.8 | 58.8 | 66.0 | ||||
| Fee Income (As % Of Revenues) | % | 31.4 | 33.6 | 28.6 | 24.1 | 26.5 | ||||
| Other Income (As % Of Revenues) | % | 9.99 | 15.2 | 3.64 | 17.1 | 7.44 | ||||
| Staff Cost (As % Of Total Cost) | % | 56.3 | 57.7 | 56.2 | 58.8 | 56.6 | ||||
| Equity (As % Of Assets) | % | 12.4 | 12.4 | 13.4 | 11.8 | 13.1 | ||||
| Loans (As % Of Deposits) | % | 73.3 | 74.2 | 65.0 | 62.4 | 92.6 | ||||
| Loans (As % Assets) | % | 40.4 | 38.6 | 39.4 | 40.7 | 58.8 | ||||
| NPLs (As % Of Loans) | % | 2.25 | 2.25 | 2.53 | 2.14 | 1.88 | ||||
| Provisions (As % Of NPLs) | % | 140 | 146 | 233 | 200 | 168 | ||||
| Provisions (As % Of Loans) | % | 3.25 | 3.39 | 6.27 | 4.47 | 3.25 | ||||
| Cost of Provisions (As % Of Loans) | % | 1.91 | 2.86 | 2.01 | 4.00 | 1.98 |
Get all company financials in excel:
By Helgi Library - August 20, 2019
Sovcombank's capital adequacy ratio reached 15.2% at the end of first quarter of 2019, up from 13.8% when compared to the previous quarter. Historically, the bank’s capital ratio hit an all time high of 19.5% in 1Q2018 and an all time low of 13.8% in 4Q2018. ...
By Helgi Library - August 20, 2019
Sovcombank generated total banking revenues of RUB 20.0 bil in the first quarter of 2019, up 48.3% when compared to the same period of last year and down 2.7% when compared to the previous quarter. Historically, the bank’s revenues containing of i...
By Helgi Library - August 23, 2019
Sovcombank's Cost of Risk (loan loss provisions as % of total assets) amounted to 0.436% in the first quarter of 2019, down from 0.913% when compared to the previous quarter. Historically, the bank’s cost of risk reached an all time high of 1.40% in 2Q2018 a...
By Helgi Library - October 7, 2019
Sovcombank's Equity reached 5.14% of total assets in the 1Q2019, up from 4.97% for the previous year. As a share of net customer loans, the ratio amounted to 7.96% at the end of the first quarter of 2019. ...
By Helgi Library - August 20, 2019
Sovcombank's customer loan growth reached 108% in 2019-03-31, up from 15.9% compared to the previous year. Historically, the bank’s loans growth reached an all time high of 108% in 2019-03-31 and an all time low of 15.9% in 2018-03-31. In the last decade,...
By Helgi Library - August 20, 2019
Sovcombank's net interest margin amounted to 6.00% in 2018, up from 5.46% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 15.8% in 2008 and an all time low of 5.46% in 2017. The average margin in t...
By Helgi Library - August 20, 2019
Sovcombank made a net profit of RUB 17.4 bil under revenues of RUB 75.8 bil in 2018, up -41.0% and 31.0% respectively compared to the previous year. Historically, the bank’s net profit reached an all time high of RUB 33.6 bil in 2016 and an all time low of RUB -0.732...
By Helgi Library - August 20, 2019
Sovcombank generated total banking revenues of RUB 75.8 bil in 2018, up 31% 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 75.8 bil in 2018 and an all ti...
By Helgi Library - August 20, 2019
Sovcombank's non-performing loans reached 1.79% of total loans at the end of 2018, down from 2.25% compared to the previous year. Historically, the NPL ratio hit an all time high of 15.2% in 2009 and an all time low of 0.338% in 2010. Provision coverage amo...
By Helgi Library - August 20, 2019
Sovcombank's capital adequacy ratio reached 13.8% at the end of 2018, down from 16.5% compared to the previous year. Historically, the bank’s capital ratio hit an all time high of 16.5% in 2017 and an all time low of 11.4% in 2015. The Tier 1 ratio amounted t...
Sovcombank has been growing its revenues and asset by 34.9% and 44.0% a year on average in the last 10 years. Its loans and deposits have grown by 43.2% and 43.0% a year during that time and loans to deposits ratio reached 90.4% at the end of 2018. The company achieved an average return on equity of 41.1% in the last decade with net profit growing % a year on average. In terms of operating efficiency, its cost to income ratio reached 45.8% in 2018, compared to 41.4% average in the last decade.
Equity represented 11.8% of total assets or 21.1% of loans at the end of 2018. Sovcombank's non-performing loans were 1.79% of total loans while provisions covered some 169% of NPLs at the end of 2018.
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