UniCredit Bank Hungary

UCI Hungary's net profit fell 4.83% to HUF 51,091 mil in 2017

By Helgi Analytics - November 05, 2019

UniCredit Bank Hungary made a net profit of HUF 51,091 mil in 2017, down 4.83% compared to the previous year. This implies a ret...

UCI Hungary's customer deposits rose 6.33% to HUF 1,643,830 mil in 2017

By Helgi Analytics - November 05, 2019

UniCredit Bank Hungary's customer deposits reached HUF 1,643,830 mil in 2017, up 6.33% compared to the previous year. Hungarian...

UCI Hungary's net interest margin fell 7.93% to 2.13% in 2017

By Helgi Analytics - November 05, 2019

UniCredit Bank Hungary's net interest margin amounted to 2.13% in 2017, down from 2.31% compared to the previous year. His...

Profit Statement 2015 2016 2017
Net Interest Income HUF mil 63,936 62,906 58,311
Fee Income (As % Of Revenues) % 32.7 30.8 34.5
Other Income HUF mil 16,705 26,757 20,611
Total Revenues HUF mil 119,882 129,516 120,494
Staff Cost HUF mil 17,090 17,939 18,646
Operating Profit HUF mil 56,776 71,091 58,197
Provisions HUF mil 9,757 4,487 1,853
Net Profit HUF mil 38,701 53,685 51,091
Balance Sheet 2015 2016 2017
Interbank Loans HUF mil 910,386 797,156 607,456
Customer Loans HUF mil 1,057,010 1,115,460 1,204,960
Debt Securities HUF mil 644,221 725,550 817,093
Total Assets HUF mil 2,709,500 2,737,010 2,746,780
Shareholders' Equity HUF mil 249,569 299,326 339,036
Interbank Borrowing HUF mil 829,502 729,254 555,151
Customer Deposits HUF mil 1,504,820 1,546,000 1,643,830
Issued Debt Securities HUF mil 87,258 44,386 78,225
Ratios 2015 2016 2017
ROE % 16.4 19.6 16.0
ROA % 1.57 1.97 1.86
Costs (As % Of Assets) % 2.55 2.15 2.27
Costs (As % Of Income) % 52.6 45.1 51.7
Capital Adequacy Ratio % 18.2 22.0 23.7
Net Interest Margin % 2.59 2.31 2.13
Loans (As % Of Deposits) % 70.2 72.2 73.3
NPLs (As % Of Loans) % 17.6 11.8 10.2
Provisions (As % Of NPLs) % 31.2 37.7 36.6
Growth Rates 2015 2016 2017
Total Revenue Growth % -2.02 8.04 -6.97
Operating Cost Growth % -32.9 -7.42 6.63
Operating Profit Growth % 100 25.2 -18.1
Net Profit Growth % 141 38.7 -4.83
Customer Loan Growth % 7.55 5.53 8.02
Total Asset Growth % 21.2 1.02 0.357
Customer Deposit Growth % 24.5 2.74 6.33
Shareholders' Equity Growth % 12.2 19.9 13.3
Employees 1,700 1,728 1,756

Get all company financials in excel:

Download Sample   $19.99

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 HUF mil                       62,721 62,651 59,428 65,290 63,936    
Total Revenues HUF mil                       86,654 75,660 102,044 122,349 119,882    
Operating Profit HUF mil                       46,430 35,570 34,805 28,354 56,776    
Net Profit HUF mil                       14,516 20,972 6,448 16,030 38,701    
balance sheet                                    
Interbank Loans HUF mil                       90,115 180,308 170,270 810,119 910,386    
Customer Loans HUF mil                       1,142,000 964,668 910,518 982,769 1,057,010    
Debt Securities HUF mil                       388,759 457,714 636,159 373,749 644,221    
Total Assets HUF mil                       1,697,890 1,657,410 1,769,700 2,235,740 2,709,500    
Shareholders' Equity HUF mil                       186,957 207,476 207,721 222,334 249,569    
Interbank Borrowing HUF mil                       365,467 338,415 415,719 667,823 829,502    
Customer Deposits HUF mil                       1,052,160 1,022,020 1,067,020 1,208,240 1,504,820    
Issued Debt Securities HUF mil                       36,439 28,767 28,597 93,095 87,258    
ratios                                    
ROE %                       7.85 10.6 3.11 7.45 16.4    
ROA %                       0.895 1.25 0.376 0.800 1.57    
Costs (As % Of Assets) %                       2.48 2.39 3.92 4.69 2.55    
Costs (As % Of Income) %                       46.4 53.0 65.9 76.8 52.6    
Capital Adequacy Ratio % ...                     14.3 18.3 19.4 16.1 18.2    
Net Interest Margin %                       3.87 3.73 3.47 3.26 2.59    
Interest Income (As % Of Revenues) %                       72.4 82.8 58.2 53.4 53.3    
Fee Income (As % Of Revenues) %                       31.1 22.5 31.1 30.2 32.7    
Staff Cost (As % Of Total Cost) %                       40.5 41.3 24.3 17.9 27.1    
Equity (As % Of Assets) %                       11.0 12.5 11.7 9.94 9.21    
Loans (As % Of Deposits) %                       109 94.4 85.3 81.3 70.2    
Loans (As % Assets) %                       67.3 58.2 51.5 44.0 39.0    
NPLs (As % Of Loans) % ... ... ... ... ... ... ... ... ... ... ... ... ... ... 19.0 17.6    
Provisions (As % Of NPLs) % ... ... ... ... ... ... ... ... ... ... ... ... ... ... 51.6 31.2    
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 HUF mil                       130,275 137,001 113,520 99,468 91,592    
Interest Cost HUF mil                       67,554 74,350 54,092 34,178 27,656    
Net Interest Income HUF mil                       62,721 62,651 59,428 65,290 63,936    
Net Fee Income HUF mil                       26,961 17,061 31,696 36,960 39,241    
Other Income HUF mil                       -3,028 -4,052 10,920 20,099 16,705    
Total Revenues HUF mil                       86,654 75,660 102,044 122,349 119,882    
Staff Cost HUF mil                       16,274 16,542 16,306 16,790 17,090    
Depreciation HUF mil                       2,695 3,086 4,985 2,846 2,129    
Other Cost HUF mil                       21,255 20,462 45,948 74,359 43,887    
Operating Cost HUF mil                       40,224 40,090 67,239 93,995 63,106    
Operating Profit HUF mil                       46,430 35,570 34,805 28,354 56,776    
Provisions HUF mil                       26,170 9,708 26,358 10,739 9,757    
Extra and Other Cost HUF mil                       2,354 -181 248 -2,112 -2,767    
Pre-Tax Profit HUF mil                       17,906 26,043 8,199 19,727 49,786    
Tax HUF mil                       3,390 5,071 1,751 3,697 11,085    
Minorities HUF mil                       0 0 0 0 0    
Net Profit HUF mil                       14,516 20,972 6,448 16,030 38,701    
Dividends HUF mil ... ... ... ... ... ... ... ... ... ... ... ... 10,000 5,000 11,627 ... ... ...
growth rates                                    
Net Interest Income Growth % ...                     6.61 -0.112 -5.14 9.86 -2.07    
Net Fee Income Growth % ...                     4.34 -36.7 85.8 16.6 6.17    
Total Revenue Growth % ...                     0.741 -12.7 34.9 19.9 -2.02    
Operating Cost Growth % ...                     -2.74 -0.333 67.7 39.8 -32.9    
Operating Profit Growth % ...                     3.96 -23.4 -2.15 -18.5 100    
Pre-Tax Profit Growth % ...                     -23.2 45.4 -68.5 141 152    
Net Profit Growth % ...                     -22.8 44.5 -69.3 149 141    
market share                                    
Market Share in Revenues %                       6.52 8.41 10.2 11.6 14.0    
Market Share in Net Profit %                       ... ... 20.7 ... ...    
Market Share in Employees %                       4.76 4.57 4.42 4.39 4.45    
Market Share in Bank Cards % ... ... ... ... ... ... ... ...       3.54 3.72 3.90 3.41 3.44 ... ...
Market Share in Branches % ... ... ... ...               3.83 3.60 3.08 2.73 1.99    
balance sheet Unit 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
balance sheet                                    
Cash HUF mil                       8,213 8,682 11,026 14,425 20,027    
Interbank Loans HUF mil                       90,115 180,308 170,270 810,119 910,386    
Customer Loans HUF mil                       1,142,000 964,668 910,518 982,769 1,057,010    
Retail Loans HUF mil ... ... ... ...               358,626 308,003 300,015 304,929 239,584    
Corporate Loans HUF mil ... ... ... ...               783,376 656,665 610,503 677,840 817,430    
Debt Securities HUF mil                       388,759 457,714 636,159 373,749 644,221    
Fixed Assets HUF mil                       31,890 29,603 27,927 24,627 23,795    
Total Assets HUF mil                       1,697,890 1,657,410 1,769,700 2,235,740 2,709,500    
Shareholders' Equity HUF mil                       186,957 207,476 207,721 222,334 249,569    
Of Which Minority Interest HUF mil                       2,616 392 263 207 220    
Liabilities HUF mil                       1,510,930 1,449,940 1,561,980 2,013,410 2,459,930    
Interbank Borrowing HUF mil                       365,467 338,415 415,719 667,823 829,502    
Customer Deposits HUF mil                       1,052,160 1,022,020 1,067,020 1,208,240 1,504,820    
Retail Deposits HUF mil ... ... ... ... ... ... ... ... ... ... ... 482,000 671,900 686,900 700,000 600,000    
Corporate Deposits HUF mil ... ... ... ... ... ... ... ... ... ... ... 570,165 350,118 380,122 508,235 904,825    
Sight Deposits HUF mil ... ... ... ... ... ... ... ... ... ... ... ... ... 1,035,230 1,180,170 1,487,390 ... ...
Term Deposits HUF mil ... ... ... ... ... ... ... ... ... ... ... ... ... 31,789 28,066 17,437 ... ...
Issued Debt Securities HUF mil                       36,439 28,767 28,597 93,095 87,258    
Other Liabilities HUF mil                       56,861 60,735 50,646 44,258 38,349    
asset quality                                    
Non-Performing Loans HUF mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... 207,032 196,828    
Gross Loans HUF mil                       1,231,590 1,055,410 1,012,680 1,089,640 1,118,340    
Total Provisions HUF mil                       89,591 90,745 102,167 106,875 61,420    
growth rates                                    
Customer Loan Growth % ...                     4.85 -15.5 -5.61 7.94 7.55    
Retail Loan Growth % ... ... ... ... ...             1.76 -14.1 -2.59 1.64 -21.4    
Corporate Loan Growth % ... ... ... ... ...             6.32 -16.2 -7.03 11.0 20.6    
Total Asset Growth % ...                     9.77 -2.38 6.78 26.3 21.2    
Shareholders' Equity Growth % ...                     2.18 11.0 0.118 7.03 12.2    
Customer Deposit Growth % ...                     7.75 -2.87 4.40 13.2 24.5    
Retail Deposit Growth % ... ... ... ... ... ... ... ... ... ... ... ... 39.4 2.23 1.91 -14.3    
Corporate Deposit Growth % ... ... ... ... ... ... ... ... ... ... ... ... -38.6 8.57 33.7 78.0    
market share                                    
Market Share in Customer Loans %                       6.19 6.02 5.93 6.55 7.93    
Market Share in Corporate Loans % ... ... ... ...               11.4 11.0 10.7 11.5 15.4    
Market Share in Consumer Loans % ... ... ... ...               4.68 4.73 4.99 5.24 4.73    
Market Share in Total Assets %                       4.48 4.81 5.01 6.11 7.51    
Market Share in Customer Deposits %                       7.20 6.97 7.17 7.54 8.41    
Market Share in Retail Deposits % ... ... ... ... ... ... ... ... ... ... ... 6.19 8.74 9.91 10.2 8.53    
Market Share in Corporate Deposits % ... ... ... ... ... ... ... ... ... ... ... 12.9 7.99 7.57 9.74 15.2    
ratios Unit 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
ratios                                    
ROE %                       7.85 10.6 3.11 7.45 16.4    
ROA %                       0.895 1.25 0.376 0.800 1.57    
Costs (As % Of Assets) %                       2.48 2.39 3.92 4.69 2.55    
Costs (As % Of Income) %                       46.4 53.0 65.9 76.8 52.6    
Capital Adequacy Ratio % ...                     14.3 18.3 19.4 16.1 18.2    
Net Interest Margin %                       3.87 3.73 3.47 3.26 2.59    
Interest Spread % ...                     3.33 3.14 3.03 3.05 2.47    
Asset Yield %                       8.03 8.17 6.62 4.97 3.70    
Cost Of Liabilities % ...                     4.70 5.02 3.59 1.91 1.24    
Payout Ratio % ... ... ... ... ... ... ... ... ... ... ... ... 47.7 77.5 72.5 ... ... ...
Interest Income (As % Of Revenues) %                       72.4 82.8 58.2 53.4 53.3    
Fee Income (As % Of Revenues) %                       31.1 22.5 31.1 30.2 32.7    
Other Income (As % Of Revenues) %                       -3.49 -5.36 10.7 16.4 13.9    
Cost Per Employee USD per month                       3,429 3,262 3,382 3,386 3,057    
Cost Per Employee (Local Currency) HUF per month                       689,459 734,143 756,547 807,367 837,745    
Staff Cost (As % Of Total Cost) %                       40.5 41.3 24.3 17.9 27.1    
Equity (As % Of Assets) %                       11.0 12.5 11.7 9.94 9.21    
Loans (As % Of Deposits) %                       109 94.4 85.3 81.3 70.2    
Loans (As % Assets) %                       67.3 58.2 51.5 44.0 39.0    
NPLs (As % Of Loans) % ... ... ... ... ... ... ... ... ... ... ... ... ... ... 19.0 17.6    
Provisions (As % Of NPLs) % ... ... ... ... ... ... ... ... ... ... ... ... ... ... 51.6 31.2    
Provisions (As % Of Loans) %                       7.85 9.41 11.2 10.9 5.81    
Cost of Provisions (As % Of Loans) %                       2.35 0.922 2.81 1.13 0.957    
other data Unit 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
other data                                    
Branches ... ... ... ...               132 120 100 85.0 56.0    
Employees                       1,967 1,878 1,796 1,733 1,700    
ATMs ... ... ... ... ...   ... ... ... ... ... ... 59.0 65.0 81.0 78.0 ... ...
Clients mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... 0.400 ... ... ...
Payment Cards '000 ... ... ... ... ... ... ... ...       316 333 350 303 308 ... ...
Sight (As % Of Customer Deposits) % ... ... ... ... ... ... ... ... ... ... ... ... ... 97.0 97.7 98.8 ... ...
Risk-Weighted Assets HUF mil ... ... ... ... ... ... ... ... ... ... ... ... ... 1,089,390 1,265,510 1,232,010    

Get all company financials in excel:

Download Sample   $19.99

UCI Hungary's customer loans rose 8.02% to HUF 1,204,960 mil in 2017

By Helgi Analytics - November 05, 2019

UniCredit Bank Hungary's customer loans reached HUF 1,204,960 mil in 2017, up 8.02% compared to the previous year. Hungarian banking sector provided customer loans of HUF 13,845 bil in 2017, up 5.17% when compared to the last year. UniCredit Bank Hungary ...

UCI Hungary's total revenues fell 6.97% to HUF 120,494 mil in 2017

By Helgi Analytics - November 05, 2019

UniCredit Bank Hungary generated total banking revenues of HUF 120,494 mil in 2017, down 6.97% compared to the previous year. Hungarian banking sector banking sector generated total revenues of HUF 1,358,153 mil in 2017, up 20.3% when compared to the ...

UCI Hungary's corporate loans rose 12.4% to HUF 983,834 mil in 2017

By Helgi Analytics - November 05, 2019

UniCredit Bank Hungary's corporate loans reached HUF 983,834 mil in 2017, up 12.4% compared to the previous year. Hungarian banking sector provided corporate loans of HUF 5,773 bil in 2017, up 10.6% when compared to the last year. UniCredit Bank Hungary a...

UCI Hungary's corporate deposits rose 5.59% to HUF 1,084,030 mil in 2017

By Helgi Analytics - November 05, 2019

UniCredit Bank Hungary's corporate deposits reached HUF 1,084,030 mil in 2017, up 5.59% compared to the previous year. Hungarian banking sector accepted corporate deposits of HUF 7,527 bil in 2017, up 14.7% when compared to the last year. UniCredit Bank H...

UCI Hungary's employees rose 1.62% to 1,756 in 2017

By Helgi Analytics - November 05, 2019

UniCredit Bank Hungary employed 1,756 persons in 2017, up 1.62% when compared to the previous year. Historically, the bank's workforce hit an all time high of 1,982 persons in 2009 and an all time low of 1,209 in 2004. Average cost reached USD 3,203 per month per...

UCI Hungary's retail deposits rose 7.79% to HUF 559,800 mil in 2017

By Helgi Analytics - November 05, 2019

UniCredit Bank Hungary's retail deposits reached HUF 559,800 mil in 2017, up 7.79% compared to the previous year. Hungarian banking sector accepted retail deposits of HUF 7,738 bil in 2017, up 6.79% when compared to the last year. UniCredit Bank Hungary a...

UCI Hungary's costs (as % of assets) rose 5.90% to 2.27% in 2017

By Helgi Analytics - November 05, 2019

UniCredit Bank Hungary's cost to income ratio reached 51.7% in 2017, up from 45.1% compared to the previous year. Historically, the bank’s costs reached an all time high of 76.8% of income in 2014 and an all time low of 43.5% in 2009. When compared to tota...

UCI Hungary's net interest income fell 7.30% to HUF 58,311 mil in 2017

By Helgi Analytics - November 05, 2019

UniCredit Bank Hungary generated total banking revenues of HUF 120,494 mil in 2017, down 6.97% 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 HUF 129,516 mil...

UCI Hungary's customer loan growth rose 45.1% to 8.02% in 2017

By Helgi Analytics - November 05, 2019

UniCredit Bank Hungary's customer loan growth reached 8.02% in 2017, up from 5.53% compared to the previous year. Historically, the bank’s loans growth reached an all time high of 30.2% in 2007 and an all time low of -15.5% in 2012. In the last decade, th...

UCI Hungary's branches fell 1.82% to 56.0 in 2017

By Helgi Analytics - November 05, 2019

UniCredit Bank Hungary employed 1,700 persons in 2015, down 1.90% compared to the previous year. Historically, the bank's workforce hit an all time high of 1,878 persons in 2012 and an all time low of 1,366 in 2005. The bank operated a network of 56.0 bran...

More News

UniCredit Bank Hungary Zrt. is a Hungary-based subsidiary of the UniCredit Group. The Bank offers its financial products and services to private customers, small and medium size enterprises, and large corporates. The Bank's deposit products include fixed deposits, fixed foreign exchange deposits, current accounts, and savings accounts. The Bank’s loan portfolio primarily comprises personal, mortgage, housing, investment, short-term, subsidized, refinanced investment, and real estate project financing loans, as well as overdrafts, trade finance, and credit guarantees. At the end of 2012, the Bank had some 120 branches units, including 56 branches located in Budapest and 64 branches in Hungary. The company is headquartered in Budapest, Hungary. UniCredit Bank Hungary Zrt. is a subsidiary of Bank Austria AG.

UniCredit Bank Hungary Logo

Finance

UniCredit Bank Hungary has been growing its revenues and asset by -0.508% and 7.10% a year on average in the last 3 years. Its loans and deposits have grown by 7.03% and 10.8% a year during that time and loans to deposits ratio reached 73.3% at the end of 2017. The company achieved an average return on equity of 17.3% in the last three years with net profit growing 47.2% a year on average. In terms of operating efficiency, its cost to income ratio reached 51.7% in 2017, compared to 49.8% average in the last three years.

Equity represented 12.3% of total assets or 28.1% of loans at the end of 2017. UniCredit Bank Hungary's non-performing loans were 10.2% of total loans while provisions covered some 36.6% of NPLs at the end of 2017.