Sberbank — Earnings Release 2018

Sep 7, 2018

Sberbank's Financial Highlights under RAS

Balance Sheet Highlights (RUB mn)	Sep 1, 2018	Jan 1, 2018	Change
Assets	25 246 572	23 287 254	8,4%
Corporate loans	13 198 643	11 990 850	10,1%
Retail loans	5 760 291	4 925 136	17,0%
Provisions for loan impairment	1 183 173	1 060 750	11,5%
Securities portfolio	2 799 974	2 527 263	10,8%
Retail deposits	12 399 394	12 124 796	2,3%
Corporate accounts and deposits	6 611 023	5 642 671	17,2%
Equity	3 557 008	3 359 148	5,9%
Regulatory capital (Core Tier 1)*	3 187 921	2 637 819	20,9%
Regulatory capital (Tier 1)*	3 187 921	2 637 819	20,9%
Regulatory capital (Total)*	3 925 565	3 668 107	7,0%
Capital adequacy (CBR N1.1 ratio), min 4.5%*	11,9%	10,7%
Capital adequacy (CBR N1.2 ratio), min 6.0%*	11,9%	10,7%
Capital adequacy (CBR N1.0 ratio), min 8.0%*	14,6%	14,9%
Income Statement Highlights (RUB mn)	8M 2018	8M 2017	Change
Net interest income	833 636	786 745	6,0%
Net fee and commission income	278 352	223 052	24,8%
Net gain from FX revaluation and trading operations	77 724	53 773	44,5%
Operating income before provisions	1 222 757	1 089 980	12,2%
Total provision charge	-213 580	-226 849	-5,8%
Operating costs	-342 565	-324 772	5,5%
Profit before tax	666 612	538 358	23,8%
Net profit	540 669	433 437	24,7%
Total comprehensive income	467 360	437 024	6,9%
Key Financial Ratios (%)	8M 2018	8M 2017
Return on assets (ROA)	3,4%	3,0%
Return on equity (ROE)	23,0%	21,8%

Branch network (units)	1 сен 2018	1 янв 2018
Regional head offices	12	14
Branches	78	78
Sub-branches (retail outlets)*	14 226	14 312
Subsidiaries abroad (India)	1	1
Rep offices abroad (China, Germany)	2	2

Cost to income ratio 28,0% 29,8%

Sberbank's market shares (%)	Aug 1, 2018	Jan 1, 2018
In total banking assets	30,3%	28,9%
In retail deposits	45,0%	46,1%
In corporate deposits	23,3%	20,9%
In retail loans	41,4%	40,5%
In corporate loans	33,9%	32,4%

*Preliminary data 2017 Balance Sheet, Income Statements and Key Financial Ratios items are restated under the new internal methodology from 2018