Siauliu Bankas Logo

Siauliu Bankas

ISIN

LT0000102253

Ticker

SAB1L

Sector

Financials

Sub-Industry

Diversified Banks

Country

Lithuania

Year Founded

1992

About Siauliu Bankas

Company Description

Established on 4 February 1992, Šiaulių Bankas AB is the largest bank with Lithuanian capital, a stable and consistently growing financial partner with a special focus on business financing and consumer financing solutions.

Our image strategy is based on the strong relationship between the bank and its clients, openness and flexibility. We strive to emphasise our uniqueness – we are closer to our clients and, as a Lithuanian bank with the largest network of customer service units in the country, we put a lot of emphasis on human connection. We understand our clients, their needs and situations well and make decisions on the spot. It all fits into one word – closer.

Headcount

905

Served Area

Lithuania

Headquarters

Tilžės g. 149
LT-76348, Šiauliai
Lithuania

Financial statements

Download as Excel
Line item in (eur) 01.01.2020 01.01.2021 01.01.2022 01.01.2023
Assets N/A 3,028,845,000.00 3,962,482,000.00 4,184,531,000.00
Property Plant And Equipment N/A 16,484,000.00 14,760,000.00 16,151,000.00
Investment Property N/A 5,552,000.00 2,229,000.00 1,827,000.00
Investments In Subsidiaries Joint Ventures And Associates N/A 0.00 0.00 100,000.00
Deferred Tax Assets N/A 2,078,000.00 1,593,000.00 5,659,000.00
Cash and cash equivalents 184,917,000.00 432,584,000.00 965,723,000.00 384,758,000.00
Noncurrent Assets Or Disposal Groups Classified As Held For Sale N/A 7,547,000.00 620,000.00 150,000.00
Equity And Liabilities N/A 3,028,845,000.00 3,962,482,000.00 4,184,531,000.00
Equity 310,804,000.00 355,066,000.00 406,427,000.00 441,696,000.00
Issued Capital N/A 174,211,000.00 174,211,000.00 174,211,000.00
Retained Earnings N/A 149,497,000.00 193,950,000.00 211,930,000.00
Share Premium N/A 3,428,000.00 3,428,000.00 3,428,000.00
Treasury Shares N/A 0.00 516,000.00 0.00
Other Equity Interest N/A 2,359,000.00 3,288,000.00 2,355,000.00
Capital Redemption Reserve N/A 10,000,000.00 10,000,000.00 20,000,000.00
Statutory Reserve N/A 14,427,000.00 21,893,000.00 37,113,000.00
Capital Reserve N/A 756,000.00 756,000.00 756,000.00
Noncontrolling Interests N/A 0.00 0.00 0.00
Liabilities N/A 2,673,779,000.00 3,556,055,000.00 3,742,835,000.00
Deferred Tax Liabilities N/A 1,251,000.00 1,452,000.00 1,463,000.00
Current Financial Liabilities At Amortised Cost N/A 5,749,000.00 6,667,000.00 14,184,000.00
Liabilities Included In Disposal Groups Classified As Held For Sale N/A 98,000.00 0.00 N/A
Line item in (eur) 01.01.2020/
01.01.2021
01.01.2021/
01.01.2022
01.01.2022/
01.01.2023
Interest Revenue Calculated Using Effective Interest Method 78,502,000.00 83,035,000.00 107,650,000.00
Insurance Revenue 7,225,000.00 8,137,000.00 9,298,000.00
Revenue From Interest 75,708,000.00 80,917,000.00 106,781,000.00
Other Income 7,527,000.00 8,861,000.00 12,041,000.00
Employee Benefits Expense 23,470,000.00 27,105,000.00 31,583,000.00
Depreciation And Amortisation Expense 4,106,000.00 4,440,000.00 4,848,000.00
Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss 1,498,000.00 -277,000.00 N/A
Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss 1,498,000.00 -277,000.00 N/A
Insurance Service Expenses From Insurance Contracts Issued 5,448,000.00 8,032,000.00 2,763,000.00
Profit Loss From Operating Activities 64,781,000.00 71,339,000.00 81,475,000.00
Profit Loss Before Tax 52,808,000.00 67,262,000.00 76,530,000.00
Income Tax Expense Continuing Operations 9,887,000.00 12,039,000.00 12,916,000.00
Profit Loss From Continuing Operations 42,921,000.00 55,223,000.00 63,614,000.00
Profit Loss From Discontinued Operations 121,000.00 0.00 0.00
Profit (loss) 43,042,000.00 55,223,000.00 63,614,000.00
Profit Loss Attributable To Owners Of Parent 43,042,000.00 55,223,000.00 63,614,000.00
Profit Loss Attributable To Noncontrolling Interests 0.00 0.00 0.00
Line item in (eur) 01.01.2020 01.01.2021 01.01.2022 01.01.2023
Profit (loss) N/A 43,042,000.00 55,223,000.00 63,614,000.00
Interest Paid Classified As Operating Activities N/A 9,704,000.00 11,498,000.00 10,421,000.00
Income Taxes Paid Refund Classified As Operating Activities N/A 9,046,000.00 11,914,000.00 10,870,000.00
Cash Flows From Used In Operating Activities N/A 429,626,000.00 491,833,000.00 -360,294,000.00
Cash Flows From Losing Control Of Subsidiaries Or Other Businesses Classified As Investing Activities N/A 0.00 5,478,000.00 0.00
Cash Flows Used In Obtaining Control Of Subsidiaries Or Other Businesses Classified As Investing Activities N/A N/A 0.00 100,000.00
Dividends Received Classified As Investing Activities N/A 2,000.00 0.00 24,000.00
Cash Flows From Used In Investing Activities N/A -179,149,000.00 -26,983,000.00 -280,677,000.00
Payments To Acquire Or Redeem Entitys Shares N/A N/A 750,000.00 1,557,000.00
Proceeds From Borrowings Classified As Financing Activities N/A 0.00 75,000,000.00 85,000,000.00
Repayments Of Borrowings Classified As Financing Activities N/A 0.00 0.00 N/A
Payments Of Lease Liabilities Classified As Financing Activities N/A 1,569,000.00 1,432,000.00 1,040,000.00
Dividends Paid Classified As Financing Activities N/A 11,000.00 3,299,000.00 20,382,000.00
Interest Paid Classified As Financing Activities N/A 1,230,000.00 1,230,000.00 2,015,000.00
Cash Flows From Used In Financing Activities N/A -2,810,000.00 68,289,000.00 60,006,000.00
Increase (decrease) in cash and cash equivalents after effect of exchange rate changes N/A 247,667,000.00 533,139,000.00 -580,965,000.00
Cash and cash equivalents 184,917,000.00 432,584,000.00 965,723,000.00 384,758,000.00

Please note that some sums might not add up.

Filings & Publications

  • Consolidated Report 2022 - Q4 Lithuanian 🇱🇹
  • Consolidated Report 2022 - Q4 English 🇬🇧
  • Consolidated Report 2021 - Q4 English 🇬🇧

Capital Markets Information

ISIN

LT0000102253

LEI

549300TK038P6EV4YU51

Industry Group

Banks

Industry

Banks

Sub-Industry

Diversified Banks

Listed Stock Exchange

Nasdaq Baltic

Stock Index

OMX Baltic 10

Contact Investor Relations Department

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