DGAP-News: Raiffeisen Bank International AG: Core revenues up 8%, ongoing strong loan growth
DGAP-News: Raiffeisen Bank International AG
/ Key word(s): 9 Month figures
Raiffeisen Bank International AG: Core revenues up 8%, ongoing strong loan growth
14.11.2019 / 07:29
The issuer is solely responsible for the content of this announcement.
RBI: Third Quarter Report 2019
Core revenues up 8%, ongoing strong loan growth
- Positive development of core revenues (NII and net fee and commission income up 8% y-o-y, adjusted for revenues from Polish core banking operations sold in 2018)
- Loans to customers up 14% YTD mainly at head office, in Russia and Central Europe
- Consolidated profit of EUR 874 million
- Net trading income impacted by fair value result on hedges and on liabilities which neutralize over lifetime of portfolios
- Net interest margin improved 5 bps q-o-q to 2.46%
- Risk costs remain low (0.13% provisioning ratio)
- NPE ratio further improved to 2.3%
- CET1 ratio increased to 13.7% including YTD results
Income Statement in
EUR million
1-9/2019
1-9/2018
Q3/2019
Q2/2019
Net interest income
2,531
2,519
866
840
Net fee and commission income
1,307
1,325
468
437
Net trading income and fair value result
(87)
20
(8)
(27)
General administrative expenses
(2,245)
(2,228)
(748)
(773)
Other result
1
(87)
(7)
10
Levies and special governmental measures
(141)
(157)
(11)
(17)
Impairment losses on financial assets
(80)
56
(68)
(2)
Profit before tax
1,299
1,587
465
494
Profit after tax
985
1,271
341
384
Consolidated profit
874
1,173
303
345
Balance Sheet in EUR million
30/09/2019
31/12/2018
Loans to customers
92,574
80,866
Deposits from customers
90,701
87,038
Total assets
150,805
140,115
Risk-weighted assets (total)
77,816
72,672
Key ratios
30/09/2019
31/12/2018
NPE ratio
2.3%
2.6%
NPE coverage ratio
60.2%
58.3%
CET1 ratio (incl. YTD result)
13.7%
13.4%
Total capital ratio (fully loaded)
17.4%
18.2%
Key ratios
1-9/2019
1-9/2018
Q3/2019
Q2/2019
Net interest margin (average interest-bearing assets)
2.43%
2.49%
2.46%
2.40%
Cost/income ratio
59.6%
55.7%
57.6%
60.6%
Provisioning ratio (average loans to customers)
0.13%
(0.10%)
0.32%
0.01%
Consolidated return on equity
10.4%
14.4%
10.9%
12.3%
Earnings per share in EUR
2.52
3.43
0.87
1.00
Outlook
The outlook remains unchanged.
For further information please contact:
John P. Carlson
Group Investor Relations
Raiffeisen Bank International AG
Am Stadtpark 9
1030 Vienna, Austria
ir@rbinternational.com
phone +43-1-71 707-2089
www.rbinternational.com
14.11.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
Language:
English
Company:
Raiffeisen Bank International AG
Am Stadtpark 9
A-1030 Vienna
Austria
Phone:
+43-1-71707-2089
Fax:
+43-1-71707-2138
E-mail:
ir@rbinternational.com
Internet:
www.rbinternational.com
ISIN:
AT0000606306
WKN:
A0D9SU
Listed:
Foreign Exchange(s) Luxembourg Stock Exchange, SIX, Vienna Stock Exchange (Official Market)
EQS News ID:
912661
End of News
DGAP News Service
912661 14.11.2019