Earnings Release • Feb 7, 2018
Earnings Release
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Corporate | 7 February 2018 07:30
Raiffeisen Bank International AG: Preliminary results 2017
DGAP-News: Raiffeisen Bank International AG / Key word(s): Preliminary Results
07.02.2018 / 07:30
The issuer is solely responsible for the content of this announcement.
RBI: Preliminary results 2017
– Consolidated profit of EUR 1,116 million more than doubled compared to last year (2016 pro forma: EUR 520 million)
– Pre-dividend common equity tier 1 (CET1) ratio (fully loaded) of 13.0% (2016 pro forma: 12.4%)
– Favorable development of risk costs reflecting positive market environment
– Decline of NPL ratio to 5.7% (2016 pro forma: 8.7%) due to low NPL inflows, NPL sales and NPL write-downs
– Increase of customer loans of around 2% despite strengthening EUR
– Net interest margin stable at 2.48% despite ongoing low interest rate levels
– Outlook and proposed dividend will be published with the annual report on 14 March 2018
| Income Statement in EUR million | 1-12/2017 preliminary |
1-12/2016 pro forma due to merger |
1-12/2016 published before merger |
Q4/2017 preliminary |
| Net interest income | 3,208 | 3,197 | 2,935 | 816 |
| Net provisioning for impairment losses | (287) | (758) | (754) | (127) |
| Net fee and commission income | 1,719 | 1,599 | 1,497 | 448 |
| Net trading income | 244 | 220 | 215 | 62 |
| General administrative expenses | (3,104) | (3,141) | (2,848) | (813) |
| Other results | (224) | (267) | (204) | (88) |
| Profit before tax | 1,612 | 946 | 886 | 311 |
| Profit after tax | 1,246 | 636 | 574 | 234 |
| Consolidated profit | 1,116 | 520 | 463 | 206 |
| Balance Sheet in EUR million | 31/12/2017 preliminary |
31/12/2016 pro forma due to merger |
31/12/2016 published before merger |
31/12/2017 preliminary |
| Loans and advances to customers | 81,232 | 79,769 | 70,514 | 81,232 |
| Deposits from customers | 84,831 | 80,325 | 71,538 | 84,831 |
| Total assets | 135,146 | 134,804 | 111,864 | 135,146 |
| Risk-weighted assets (total) | 71,904 | 67,911 | 60,061 | 71,904 |
| Key ratios | 1-12/2017 preliminary |
1-12/2016 pro forma due to merger |
1-12/2016 published before merger |
Q4/2017 preliminary |
| Net interest margin | 2.48% | 2.48% | 2.78% | 2.50% |
| NPL ratio | 5.7% | 8.7% | 9.2% | 5.7% |
| NPL coverage ratio | 67.0% | 75.2% | 75.6% | 67.0% |
| CET1 ratio (fully loaded), pre dividend | 13.0% | 12.4% | 13.6% | 13.0% |
| CET1 ratio (transitional), pre dividend | 13.2% | 12.7% | 13.9% | 13.2% |
| Total capital ratio (fully loaded), pre dividend |
18.1% | 17.1% | 18.9% | 18.1% |
| Total capital ratio (transitional), pre dividend |
18.2% | 17.4% | 19.2% | 18.2% |
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 data contained in this release is based on unaudited figures. On 14 March 2018, RBI will publish its full annual report for 2017 including the outlook, proposed dividend amount, IFRS 9 effect as well as the segment reports and further details on the 2017 business year. As in previous years, the annual RBI Investor Day for institutional investors and analysts will be held in London on 15 March 2018.
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
www.rbinternational.com
07.02.2018 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: | [email protected] |
| Internet: | www.rbinternational.com |
| ISIN: | AT0000606306 |
| WKN: | A0D9SU |
| Listed: | Foreign Exchange(s) Luxemburg, SIX, Wien (Amtlicher Handel / Official Market) |
| End of News | DGAP News Service |
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