Splitska Banka

Splitska's npls (as % of loans) rose 22.0% to 13.0% in 2017

By Helgi Analytics - July 4, 2018

Splitska Banka's non-performing loans reached 13.0% of total loans at the end of 2017, up from 10.7% compared to the previous yea...

Splitska's net profit fell 123% to HRK -85.0 mil in 2017

By Helgi Analytics - July 4, 2018

Splitska Banka made a net profit of HRK -85.0 mil in 2017, down 123% compared to the previous year. This implies a return on equ...

Splitska's customer loans fell 7.81% to HRK 14,839 mil in 2017

By Helgi Analytics - July 4, 2018

Splitska Banka's customer loans reached HRK 14,839 mil in 2017, down 7.81% compared to the previous year. Croatian banking sect...

Profit Statement 2015 2016 2017
Net Interest Income HRK mil 796 768 760
Fee Income (As % Of Revenues) % 20.6 19.8 21.3
Other Income HRK mil 158 197 129
Total Revenues HRK mil 1,201 1,203 1,129
Staff Cost HRK mil 307 306 301
Operating Profit HRK mil 565 594 454
Provisions HRK mil 410 126 552
Net Profit HRK mil 121 365 -85.0
Balance Sheet 2015 2016 2017
Interbank Loans HRK mil 1,269 1,268 1,483
Customer Loans HRK mil 16,960 16,096 14,839
Debt Securities HRK mil 3,394 4,180 4,421
Total Assets HRK mil 27,049 27,036 26,876
Shareholders' Equity HRK mil 3,535 3,747 3,510
Interbank Borrowing HRK mil 236 224 1,391
Customer Deposits HRK mil 19,922 20,877 20,625
Issued Debt Securities HRK mil 2,552 1,631 838
Ratios 2015 2016 2017
ROE % 3.39 10.0 -2.34
ROA % 0.434 1.35 -0.315
Costs (As % Of Assets) % 2.28 2.25 2.50
Costs (As % Of Income) % 53.0 50.6 59.8
Capital Adequacy Ratio % 18.7 19.9 21.2
Net Interest Margin % 2.85 2.84 2.82
Loans (As % Of Deposits) % 85.1 77.1 71.9
NPLs (As % Of Loans) % 11.3 10.7 13.0
Provisions (As % Of NPLs) % 80.3 89.4 93.1
Growth Rates 2015 2016 2017
Total Revenue Growth % 2.39 0.167 -6.15
Operating Cost Growth % -2.30 -4.25 10.8
Operating Profit Growth % 8.24 5.13 -23.6
Net Profit Growth % -36.3 202 -123
Customer Loan Growth % -1.45 -5.09 -7.81
Total Asset Growth % -5.91 -0.048 -0.592
Customer Deposit Growth % -1.44 4.79 -1.21
Shareholders' Equity Growth % -1.67 6.00 -6.33
Employees 1,401 1,380 1,439

Get all company financials in excel:

Download Sample   $19.99

summary Unit 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
income statement                                  
Net Interest Income HRK mil ... ... ... ... ... ... ... ... ...   857 779 641 714 796    
Total Revenues HRK mil ... ... ... ... ... ... ... ... ...   1,204 1,111 1,018 1,173 1,201    
Operating Profit HRK mil ... ... ... ... ... ... ... ... ...   511 437 373 522 565    
Net Profit HRK mil ... ... ... ... ... ... ... ... ...   138 96.0 34.0 190 121    
balance sheet                                  
Interbank Loans HRK mil ... ... ... ... ... ... ... ... ...   3,921 3,337 1,425 1,490 1,269    
Customer Loans HRK mil ... ... ... ... ... ... ... ... ...   18,247 17,105 17,412 17,209 16,960    
Debt Securities HRK mil ... ... ... ... ... ... ... ... ...   629 1,582 2,983 3,514 3,394    
Total Assets HRK mil                     26,768 26,336 27,323 28,748 27,049    
Shareholders' Equity HRK mil                     3,458 3,568 3,386 3,595 3,535    
Interbank Borrowing HRK mil ... ... ... ... ... ... ... ... ...   322 149 199 169 236    
Customer Deposits HRK mil ... ... ... ... ... ... ... ... ...   14,126 15,839 17,774 20,213 19,922    
Issued Debt Securities HRK mil ... ... ... ... ... ... ... ... ...   8,339 6,211 5,439 4,337 2,552    
ratios                                  
ROE % ... ... ... ... ... ... ... ... ...   4.07 2.73 0.978 5.44 3.39    
ROA % ... ... ... ... ... ... ... ... ...   0.516 0.362 0.127 0.678 0.434    
Costs (As % Of Assets) % ... ... ... ... ... ... ... ... ...   2.59 2.54 2.40 2.32 2.28    
Costs (As % Of Income) % ... ... ... ... ... ... ... ... ...   57.6 60.7 63.4 55.5 53.0    
Capital Adequacy Ratio %                     16.0 17.6 17.2 19.0 18.7    
Net Interest Margin % ... ... ... ... ... ... ... ... ...   3.20 2.93 2.39 2.55 2.85    
Interest Income (As % Of Revenues) % ... ... ... ... ... ... ... ... ...   71.2 70.1 63.0 60.9 66.3    
Fee Income (As % Of Revenues) % ... ... ... ... ... ... ... ... ...   20.3 21.0 24.4 21.1 20.6    
Staff Cost (As % Of Total Cost) % ... ... ... ... ... ... ... ... ...   50.4 50.3 50.5 47.9 48.3    
Equity (As % Of Assets) %                     12.9 13.5 12.4 12.5 13.1    
Loans (As % Of Deposits) % ... ... ... ... ... ... ... ... ...   129 108 98.0 85.1 85.1    
Loans (As % Assets) % ... ... ... ... ... ... ... ... ...   68.2 64.9 63.7 59.9 62.7    
NPLs (As % Of Loans) % ... ... ... ... ... ... ... ... ...   9.89 10.1 11.8 12.0 11.3    
Provisions (As % Of NPLs) % ... ... ... ... ... ... ... ... ...   71.3 85.1 76.3 80.2 80.3    
income statement Unit 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
income statement                                  
Interest Income HRK mil ... ... ... ... ... ... ... ... ...   1,410 1,345 1,207 1,199 1,198    
Interest Cost HRK mil ... ... ... ... ... ... ... ... ...   553 566 566 485 402    
Net Interest Income HRK mil ... ... ... ... ... ... ... ... ...   857 779 641 714 796    
Net Fee Income HRK mil ... ... ... ... ... ... ... ... ...   245 233 248 247 247    
Other Income HRK mil ... ... ... ... ... ... ... ... ...   102 99.0 129 212 158    
Total Revenues HRK mil ... ... ... ... ... ... ... ... ...   1,204 1,111 1,018 1,173 1,201    
Staff Cost HRK mil ... ... ... ... ... ... ... ... ...   349 339 326 312 307    
Depreciation HRK mil ... ... ... ... ... ... ... ... ...   74.0 71.0 67.0 66.0 58.0    
Other Cost HRK mil ... ... ... ... ... ... ... ... ...   270 264 252 273 271    
Operating Cost HRK mil ... ... ... ... ... ... ... ... ...   693 674 645 651 636    
Operating Profit HRK mil ... ... ... ... ... ... ... ... ...   511 437 373 522 565    
Provisions HRK mil ... ... ... ... ... ... ... ... ...   329 307 362 273 410    
Extra and Other Cost HRK mil ... ... ... ... ... ... ... ... ...   0 0 0 0 -1.00    
Pre-Tax Profit HRK mil                     182 130 11.0 249 156    
Tax HRK mil ... ... ... ... ... ... ... ... ...   44.0 34.0 -23.0 59.0 35.0    
Minorities HRK mil ... ... ... ... ... ... ... ... ...   0 0 0 0 0    
Net Profit HRK mil ... ... ... ... ... ... ... ... ...   138 96.0 34.0 190 121    
growth rates                                  
Net Interest Income Growth % ... ... ... ... ... ... ... ... ... ... 4.90 -9.10 -17.7 11.4 11.5    
Net Fee Income Growth % ... ... ... ... ... ... ... ... ... ... 2.51 -4.90 6.44 -0.403 0    
Total Revenue Growth % ... ... ... ... ... ... ... ... ... ... 2.12 -7.72 -8.37 15.2 2.39    
Operating Cost Growth % ... ... ... ... ... ... ... ... ... ... 1.91 -2.74 -4.30 0.930 -2.30    
Operating Profit Growth % ... ... ... ... ... ... ... ... ... ... 2.40 -14.5 -14.6 39.9 8.24    
Pre-Tax Profit Growth % ...                   -18.8 -28.6 -91.5 2,164 -37.3    
Net Profit Growth % ... ... ... ... ... ... ... ... ... ... -18.8 -30.4 -64.6 459 -36.3    
market share                                  
Market Share in Revenues % ... ... ... ... ... ... ... ... ...   7.49 7.48 7.07 8.10 8.25    
Market Share in Net Profit % ... ... ... ... ... ... ... ... ...   3.65 3.52 7.17 13.8 ...   ...
Market Share in Employees % ... ... ... ... ... ... ... ... ...   7.21 6.87 6.84 6.80 6.70    
Market Share in Branches % ... ... ... ... ... ... ... ... ... ... 9.48 9.17 8.92 9.05 8.17    
balance sheet Unit 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
balance sheet                                  
Cash HRK mil ... ... ... ... ... ... ... ... ...   3,477 3,831 5,071 6,142 5,106    
Interbank Loans HRK mil ... ... ... ... ... ... ... ... ...   3,921 3,337 1,425 1,490 1,269    
Customer Loans HRK mil ... ... ... ... ... ... ... ... ...   18,247 17,105 17,412 17,209 16,960    
Retail Loans HRK mil ... ... ... ... ... ... ... ... ...   8,737 8,782 8,936 8,759 8,470    
Corporate Loans HRK mil ... ... ... ... ... ... ... ... ...   10,814 9,697 10,071 10,153 10,112    
Debt Securities HRK mil ... ... ... ... ... ... ... ... ...   629 1,582 2,983 3,514 3,394    
Fixed Assets HRK mil ... ... ... ... ... ... ... ... ...   388 331 282 256 182    
Total Assets HRK mil                     26,768 26,336 27,323 28,748 27,049    
Shareholders' Equity HRK mil                     3,458 3,568 3,386 3,595 3,535    
Of Which Minority Interest HRK mil ... ... ... ... ... ... ... ... ...   0 0 0 0 0    
Liabilities HRK mil                     23,310 22,768 23,937 25,153 23,514    
Interbank Borrowing HRK mil ... ... ... ... ... ... ... ... ...   322 149 199 169 236    
Customer Deposits HRK mil ... ... ... ... ... ... ... ... ...   14,126 15,839 17,774 20,213 19,922    
Retail Deposits HRK mil ... ... ... ... ... ... ... ... ...   10,246 10,984 11,893 12,439 12,316    
Corporate Deposits HRK mil ... ... ... ... ... ... ... ... ...   3,726 4,674 5,669 7,525 7,381    
Sight Deposits HRK mil ... ... ... ... ... ... ... ... ... ... ... ... 5,829 7,265 7,883    
Term Deposits HRK mil ... ... ... ... ... ... ... ... ... ... ... ... 11,945 12,948 12,039    
Issued Debt Securities HRK mil ... ... ... ... ... ... ... ... ...   8,339 6,211 5,439 4,337 2,552    
Other Liabilities HRK mil ... ... ... ... ... ... ... ... ...   523 569 525 434 804    
asset quality                                  
Non-Performing Loans HRK mil ... ... ... ... ... ... ... ... ...   1,941 1,889 2,266 2,277 2,102    
Gross Loans HRK mil ... ... ... ... ... ... ... ... ...   19,630 18,623 19,141 19,036 18,647    
Total Provisions HRK mil ... ... ... ... ... ... ... ... ...   1,383 1,608 1,729 1,827 1,687    
growth rates                                  
Customer Loan Growth % ... ... ... ... ... ... ... ... ... ... -0.219 -6.26 1.79 -1.17 -1.45    
Retail Loan Growth % ... ... ... ... ... ... ... ... ... ... -1.79 0.515 1.75 -1.98 -3.30    
Corporate Loan Growth % ... ... ... ... ... ... ... ... ... ... 3.74 -10.3 3.86 0.814 -0.404    
Total Asset Growth % ...                   0.093 -1.61 3.75 5.22 -5.91    
Shareholders' Equity Growth % ...                   4.19 3.18 -5.10 6.17 -1.67    
Customer Deposit Growth % ... ... ... ... ... ... ... ... ... ... 1.28 12.1 12.2 13.7 -1.44    
Retail Deposit Growth % ... ... ... ... ... ... ... ... ... ... 1.16 7.20 8.28 4.59 -0.989    
Corporate Deposit Growth % ... ... ... ... ... ... ... ... ... ... 2.53 25.4 21.3 32.7 -1.91    
market share                                  
Market Share in Customer Loans % ... ... ... ... ... ... ... ... ...   7.24 7.24 7.44 7.50 7.62    
Market Share in Corporate Loans % ... ... ... ... ... ... ... ... ...   9.69 10.0 10.5 11.0 11.6    
Market Share in Consumer Loans % ... ... ... ... ... ... ... ... ...   6.82 6.95 7.23 7.16 7.03    
Market Share in Total Assets %                     6.42 6.42 6.58 6.86 6.50    
Market Share in Customer Deposits % ... ... ... ... ... ... ... ... ...   6.40 6.98 7.52 8.28 7.75    
Market Share in Retail Deposits % ... ... ... ... ... ... ... ... ...   6.01 6.17 6.63 6.80 6.56    
Market Share in Corporate Deposits % ... ... ... ... ... ... ... ... ...   7.74 10.4 13.4 17.2 13.9    
ratios Unit 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
ratios                                  
ROE % ... ... ... ... ... ... ... ... ...   4.07 2.73 0.978 5.44 3.39    
ROA % ... ... ... ... ... ... ... ... ...   0.516 0.362 0.127 0.678 0.434    
Costs (As % Of Assets) % ... ... ... ... ... ... ... ... ...   2.59 2.54 2.40 2.32 2.28    
Costs (As % Of Income) % ... ... ... ... ... ... ... ... ...   57.6 60.7 63.4 55.5 53.0    
Capital Adequacy Ratio %                     16.0 17.6 17.2 19.0 18.7    
Net Interest Margin % ... ... ... ... ... ... ... ... ...   3.20 2.93 2.39 2.55 2.85    
Interest Spread % ... ... ... ... ... ... ... ... ...   2.90 2.61 2.08 2.30 2.64    
Asset Yield % ... ... ... ... ... ... ... ... ...   5.27 5.07 4.50 4.28 4.29    
Cost Of Liabilities % ... ... ... ... ... ... ... ... ...   2.37 2.46 2.42 1.98 1.65    
Interest Income (As % Of Revenues) % ... ... ... ... ... ... ... ... ...   71.2 70.1 63.0 60.9 66.3    
Fee Income (As % Of Revenues) % ... ... ... ... ... ... ... ... ...   20.3 21.0 24.4 21.1 20.6    
Other Income (As % Of Revenues) % ... ... ... ... ... ... ... ... ...   8.47 8.91 12.7 18.1 13.2    
Cost Per Employee USD per month ... ... ... ... ... ... ... ... ...   3,450 3,249 3,207 3,043 2,741    
Cost Per Employee (Local Currency) HRK per month ... ... ... ... ... ... ... ... ...   18,454 19,011 18,306 18,043 18,261    
Staff Cost (As % Of Total Cost) % ... ... ... ... ... ... ... ... ...   50.4 50.3 50.5 47.9 48.3    
Equity (As % Of Assets) %                     12.9 13.5 12.4 12.5 13.1    
Loans (As % Of Deposits) % ... ... ... ... ... ... ... ... ...   129 108 98.0 85.1 85.1    
Loans (As % Assets) % ... ... ... ... ... ... ... ... ...   68.2 64.9 63.7 59.9 62.7    
NPLs (As % Of Loans) % ... ... ... ... ... ... ... ... ...   9.89 10.1 11.8 12.0 11.3    
Provisions (As % Of NPLs) % ... ... ... ... ... ... ... ... ...   71.3 85.1 76.3 80.2 80.3    
Provisions (As % Of Loans) % ... ... ... ... ... ... ... ... ...   7.58 9.40 9.93 10.6 9.95    
Cost of Provisions (As % Of Loans) % ... ... ... ... ... ... ... ... ...   1.80 1.74 2.10 1.58 2.40    
other data Unit 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
other data                                  
Branches ... ... ... ... ... ... ... ... ... ... 120 115 109 108 96.0    
Employees ... ... ... ... ... ... ... ... ...   1,576 1,486 1,484 1,441 1,401    
ATMs ... ... ... ... ... ... ... ... ... ... ... ... ... ... 257    
Sight (As % Of Customer Deposits) % ... ... ... ... ... ... ... ... ... ... ... ... 32.8 35.9 39.6    
Risk-Weighted Assets HRK mil ... ... ... ... ... ... ... ... ... ... ... ... ... 16,979 17,295    

Get all company financials in excel:

Download Sample   $19.99

Splitska's customer deposits fell 1.21% to HRK 20,625 mil in 2017

By Helgi Analytics - July 4, 2018

Splitska Banka's customer deposits reached HRK 20,625 mil in 2017, down 1.21% compared to the previous year. Croatian banking sector accepted customer deposits of HRK 273 bil in 2017, up 2.57% when compared to the last year. Splitska Banka accounted for 7...

Splitska's corporate loans fell 9.13% to HRK 8,855 mil in 2017

By Helgi Analytics - December 12, 2019

Splitska Banka's corporate loans reached HRK 8,855 mil in 2017, down 9.13% compared to the previous year. Croatian banking sector provided corporate loans of HRK 70.6 bil in 2017, up 2.98% when compared to the last year. Splitska Banka accounted for 10.8%...

Splitska's corporate deposits rose 1.49% to HRK 8,493 mil in 2017

By Helgi Analytics - July 16, 2018

Splitska Banka's corporate deposits reached HRK 8,493 mil in 2017, up 1.49% compared to the previous year. Croatian banking sector accepted corporate deposits of HRK 63.1 bil in 2017, up 8.35% when compared to the last year. Splitska Banka accounted for 1...

Splitska's total revenues fell 6.15% to HRK 1,129 mil in 2017

By Helgi Analytics - July 16, 2018

Splitska Banka generated total banking revenues of HRK 1,129 mil in 2017, down 6.15% compared to the previous year. Croatian banking sector banking sector generated total revenues of HRK 16,001 mil in 2017, down 1.51% when compared to the last year. ...

Splitska's employees rose 4.28% to 1,439 in 2017

By Helgi Analytics - July 4, 2018

Splitska Banka employed 1,439 persons in 2017, up 4.28% when compared to the previous year. Historically, the bank's workforce hit an all time high of 1,576 persons in 2011 and an all time low of 1,380 in 2016. Average cost reached USD 2,594 per month per employe...

Splitska's net interest margin fell 0.724% to 2.82% in 2017

By Helgi Analytics - July 4, 2018

Splitska Banka's net interest margin amounted to 2.82% in 2017, down from 2.84% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 3.20% in 2011 and an all time low of 2.39% in 2013. The average margi...

Splitska's retail deposits fell 2.52% to HRK 12,011 mil in 2017

By Helgi Analytics - July 16, 2018

Splitska Banka's retail deposits reached HRK 12,011 mil in 2017, down 2.52% compared to the previous year. Croatian banking sector accepted retail deposits of HRK 190 bil in 2017, up 0.432% when compared to the last year. Splitska Banka accounted for 6.31...

Splitska's costs (as % of assets) rose 11.2% to 2.50% in 2017

By Helgi Analytics - July 4, 2018

Splitska Banka's cost to income ratio reached 59.8% in 2017, up from 50.6% compared to the previous year. Historically, the bank’s costs reached an all time high of 63.4% of income in 2013 and an all time low of 50.6% in 2016. When compared to total assets...

Splitska's customer loan growth fell 53.3% to -7.81% in 2017

By Helgi Analytics - July 4, 2018

Splitska Banka's customer loan growth reached -7.81% in 2017, down from -5.09% compared to the previous year. Historically, the bank’s loans growth reached an all time high of 1.79% in 2013 and an all time low of -7.81% in 2017. In the last decade, the av...

Splitska's net interest income fell 1.04% to HRK 760 mil in 2017

By Helgi Analytics - July 4, 2018

Splitska Banka generated total banking revenues of HRK 1,129 mil in 2017, down 6.15% 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 HRK 1,204 mil in 2011 and...

More News

Société Générale - Splitska Banka d.d. is a Croatia-based subsidiary of Société Générale S.A.. Splitska banka offers a typical range of banking services and products such as savings, foreign currency, and current accounts; cash, housing, tourist, mortgage, consumer and car loans; debit and credit cards; safety deposit boxes; and Internet banking services for retail segment. It also provides banking services for small, medium and large enterprises as well as investment banking and treasury services, asset management, private banking, or leasing, for example. The Bank operates a network of 118 branches and maintains a 6-7% market share among banks in Croatia. The Bank was privatized in 2000 and bought by UniCredit. In 2006, French group Société Générale took over the Bank and changed name to Société Générale - Splitska banka d.d.

Splitska Banka Logo

Finance

Splitska Banka has been growing its revenues and asset by 0.322% and 0.407% a year on average in the last 5 years. Its loans and deposits have grown by -2.80% and 5.42% a year during that time and loans to deposits ratio reached 71.9% at the end of 2017. The company achieved an average return on equity of 3.50% in the last five years with net profit growing % a year on average. In terms of operating efficiency, its cost to income ratio reached 59.8% in 2017, compared to 56.4% average in the last five years.

Equity represented 13.1% of total assets or 23.7% of loans at the end of 2017. Splitska Banka's non-performing loans were 13.0% of total loans while provisions covered some 93.1% of NPLs at the end of 2017.