Sberbank — Earnings Release 2018

Oct 5, 2018

Sberbank's Financial Highlights under RAS

Balance Sheet Highlights (RUB mn)	Oct 1, 2018	Jan 1, 2018	Change
Assets	25 376 181	23 287 254	9.0%
Corporate loans	13 073 326	11 990 850	9.0%
Retail loans	5 873 062	4 925 136	19.2%
Provisions for loan impairment	1 167 806	1 060 750	10.1%
Securities portfolio	2 768 336	2 527 263	9.5%
Retail deposits	12 192 651	12 124 796	0.6%
Corporate accounts and deposits	6 725 954	5 642 671	19.2%
Equity	3 633 712	3 359 148	8.2%
Regulatory capital (Core Tier 1)*	3 188 670	2 637 819	20.9%
Regulatory capital (Tier 1)*	3 188 670	2 637 819	20.9%
Regulatory capital (Total)*	4 060 431	3 668 107	10.7%
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%*	15.2%	14.9%
Income Statement Highlights (RUB mn)	9M 2018	9M 2017	Change
Net interest income	938 966	892 540	5.2%
Net fee and commission income	311 692	255 294	22.1%
Net gain / (loss) from FX revaluation and trading operations	70 575	53 267	32.5%

Operating income before provisions	1 359 596	1 229 886	10.5%
Total provision (charge) / gain	-218 654	-247 866	-11.8%
Operating costs	-387 972	-369 094	5.1%
Profit before tax	752 970	612 925	22.8%
Net profit	612 736	495 841	23.6%
Total comprehensive income	543 875	506 446	7.4%

Key Financial Ratios (%)	9M 2018	9M 2017
Return on assets (ROA)	3.4%	3.0%
Return on equity (ROE)	23.2%	22.0%
Cost to income ratio	28.5%	30.0%
Cost to average assets ratio	2.1%	2.3%

Branch network (units)	Oct 1, 2018	Jan 1, 2018
Regional head offices	12	14
Branches	78	78
Sub-branches (retail outlets)*	14 210	14 312
Subsidiaries abroad (India)	1	1
Rep offices abroad (China, Germany)	2	2

Sberbank's market shares (%)	Sep 1, 2018	Jan 1, 2018
In total banking assets	30.1%	28.9%
In retail deposits	44.6%	46.1%
In corporate deposits	23.7%	20.9%
In retail loans	41.5%	40.5%
In corporate loans	33.6%	32.4%

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