LBBW Bank CZ is a mid-sized universal commercial bank. The bank has been present on the Czech banking market since 1991 and since 2008 (when it took over the operations of Austria's BAWAG) it has been 100% owned by Landesbank Baden-Württemberg, one of the largest banks in Germany. Apart from taking over the bank (which resulted in a massive loss in 2009), the bank lacks scale. With only 19 branches and a market share of less than 1%, LBBW Bank needs to grow as its cost-efficiency is very low (the costs-to-income ratio has been varying between 80 and 90% in the last five years) and profitability is weak (its ROE has not exceeded 8% in the last eight years).
This excel file offers a summary of the company's performance in between 1Q2004-1Q2013, both on the quarterly as well as the annual basis. You will find here all the key numbers from the bank's balance sheet, income statement and main ratios related to the bank's business. In addition, the file provides a detailed overview of the bank's market position in the comparison with the overall banking sector.
July 23, 2013