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Raiffeisen Bank International AG
Earnings Release • May 17, 2017
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Earnings Release
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News Details
Ad-hoc | 17 May 2017 07:30
Raiffeisen Bank International: First Quarter Report 2017
Raiffeisen Bank International AG / Key word(s): Quarter Results
17-May-2017 / 07:30 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Raiffeisen Bank International: First Quarter Report 2017
– Consolidated profit of EUR 220 mn
– CET1 ratio (fully loaded) at 12.6% (including Q1 results) while RWA grew 3% YTD
– NPL ratio further reduced to 8.3%
– Ongoing favorable development in risk costs, notably in Eastern Europe
– Further stabilization of net interest margin
– Positive trend in operating result supported by FX movements
– Profit contribution from Eastern and Central Europe increased further
– Merger transaction/integration completed
| Income Statement in EUR mn |
Q1/2017 | Q1/2016 pro forma |
Q4/2016 pro forma |
| Net interest income | 796 | 761 | 858 |
| Net provisioning for impairment losses | (80) | (105) | (257) |
| Net interest income after provisioning | 716 | 656 | 601 |
| Net fee and commission income | 409 | 372 | 419 |
| Net trading income | 64 | 37 | 79 |
| General administrative expenses | (815) | (781) | (847) |
| Other results | (73) | (76) | (105) |
| Profit/loss before tax | 330 | 231 | 165 |
| Profit/loss after tax | 255 | 137 | 113 |
| Consolidated profit/loss | 220 | 111 | 87 |
| Balance Sheet in EUR mn |
31/03/17 | 31/12/16 pro forma |
|
| Equity | 10,067 | 9,752 | |
| Total assets | 138,489 | 134,804 | |
| NPL ratio | 8.3% | 8.7% | |
| NPL coverage ratio | 74.0% | 75.2% | |
| Risk-weighted assets (total RWA) | 69,864 | 67,911 | |
| Ratios | 31/03/17 | 31/12/16 pro forma |
|
| Common equity tier 1 ratio (fully loaded) | 12.2% | 12.4% | |
| Common equity tier 1 ratio (transitional) | 12.4% | 12.7% | |
| Total capital ratio (fully loaded) | 16.8% | 17.1% | |
| Total capital ratio (transitional) | 17.0% | 17.4% |
| Ratios | Q1/2017 | Q1/2016 pro forma |
Q4/2016 pro forma |
| Net interest margin | 2.49% | 2.35% | 2.67% |
| Return on equity before tax | 13.4% | 10.3% | 7.1% |
| Consolidated return on equity | 9.6% | 5.3% | 4.0% |
| Cost/income ratio | 62.8% | 65.4% | 61.7% |
| Earnings per share in EUR | 0.67 | 0.34 | 0.26 |
| Resources | 31/03/17 | 31/12/16 pro forma |
|
| Employees (full-time equivalents) | 50,094 | 50,203 | |
| Business outlets | 2,500 | 2,522 |
As of January 2017, RZB contributed business is fully included. Current RBI figures refer to the Combined Bank; unless specified otherwise, the historical pro forma data is based on the Combined Bank (consideration of the merger).
The outlook remains unchanged.
For further information please contact:
Susanne E. Langer
Head of Group Investor Relations
Spokesperson
Raiffeisen Bank International AG
Am Stadtpark 9
1030 Vienna, Austria
phone +43-1-71 707-2089
17-May-2017 CET/CEST 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: | [email protected] |
| Internet: | www.rbinternational.com |
| ISIN: | AT0000606306 |
| WKN: | A0D9SU |
| Listed: | Foreign Exchange(s) Luxemburg, SIX, Wien (Amtlicher Handel / Official Market) |
| End of Announcement | DGAP News Service |