13.03.2019 Raiffeisen Bank International AG  AT0000606306

DGAP-News: Raiffeisen Bank International AG: Full year results 2018


 

DGAP-News: Raiffeisen Bank International AG / Key word(s): Annual Results
Raiffeisen Bank International AG: Full year results 2018

13.03.2019 / 07:31
The issuer is solely responsible for the content of this announcement.


RBI: Full year results 2018

- Consolidated profit of EUR 1,270 million (up 14% year-on-year)

- Operating income up 4% year-on-year driven by net interest income and net fee and commission income

- Loans to customers up 4% despite sale of Polish core banking operations

- Disposal of core banking operations in Poland completed on October 31 2018

- CET1 ratio at 13.4% (fully loaded), 85bps positive effect in Q4/2018 from disposal of Polish core banking operations

- Provisioning ratio down to 0.21%, driven by continued write-backs and low new inflows of NPL

- NPL ratio decreased further to 3.8% while NPL coverage ratio improved 10.6PP to 77.6%

- EUR 0.93 dividend per share will be proposed to the AGM on June 13 2019

Income Statement in
EUR million
1-12/2018 1-12/2017 Change Q4/2018
Net interest income 3,362 3,225 4.2% 843
Net fee and commission income 1,791 1,719 4.2% 467
Net trading income and fair value result 17 35 (52.4)% (3)
General administrative expenses (3,048) (3,011) 1.2% (819)
Other result (161) 0 - (74)
Levies and special governmental measures (170) (163) 4.0% (13)
Impairment losses on financial assets (166) (312) (46.9)% (222)
Profit before tax 1,753 1,612 8.8% 166
Profit after tax 1,398 1,246 12.2% 127
Consolidated profit 1,270 1,116 13.8% 97
         
Balance Sheet in
EUR million
31/12/2018 31/12/2017 Change  
Loans to customers 80,866 77,745 4.0%  
Deposits from customers 87,038 84,974 2.4%  
Total assets 140,115 135,146 3.7%  
Risk-weighted assets (total) 72,672 71,902 1.1%  
 

 

Key ratios 31/12/2018 31/12/2017 Change  
NPL ratio (non-banks) 3.8% 5.7% (1.9)PP  
NPL coverage ratio (non-banks) 77.6% 67.0% 10.6PP  
CET1 ratio (fully loaded) 13.4% 12.7% 0.6PP  
Total capital ratio (fully loaded) 18.2% 17.8% 0.3PP  
 
Key ratios 1-12/2018 1-12/2017 Change Q4/2018
Net interest margin (average interest-bearing assets) 2.50% 2.48% 0.03PP 2.52%
Cost/income ratio 57.5% 59.1% (1.5)PP 63.3%
Consolidated return on equity 12.6% 12.2% 0.4PP 3.5%
Earnings per share in EUR 3.68 3.34 0.34 0.25
Dividend proposal per share in EUR 0.93 0.62 0.31 -
 

2017 figures have been adjusted to reflect impact from FINREP implementation.

Outlook
We will pursue loan growth with an average yearly percentage increase in the mid-single digit area.
The provisioning ratio for FY 2019 is expected to be around 45 basis points.
We anticipate that the NPL ratio will further reduce.
We aim to achieve a cost/income ratio of around 55 per cent in 2021.
In the coming years we target a consolidated return on equity of approximately 11 per cent.
We seek to maintain a CET1 ratio of around 13 per cent in the medium term.
Based on this target, we intend to distribute between 20 and 50 per cent of the consolidated profit.


For further information please contact:

John P. Carlson, CFA
Group Investor Relations
Raiffeisen Bank International AG
Am Stadtpark 9
1030 Vienna, Austria
ir@rbinternational.com
phone +43-1-71 707-2089
www.rbinternational.com



13.03.2019 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.

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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: ir@rbinternational.com
Internet: www.rbinternational.com
ISIN: AT0000606306
WKN: A0D9SU
Listed: Foreign Exchange(s) Luxembourg Stock Exchange, SIX, Vienna Stock Exchange (Official Market)

 
End of News DGAP News Service

786889  13.03.2019 

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Die wichtigsten Finanzdaten auf einen Blick
  2012 2013 2014 2015 2016 2017 2018 2019e
Umsatzerlöse1 5.203,00 5.676,00 5.345,00 4.862,00 4.647,00 5.098,27 5.297,56 0,00
EBITDA1,2 1.037,00 835,00 -105,00 711,00 886,00 2.087,68 2.250,09 0,00
EBITDA-Marge3 19,93 14,71 -1,96 14,62 19,07 40,95 42,47 0,00
EBIT1,4 1.037,00 835,00 -105,00 711,00 886,00 2.087,38 2.249,80 0,00
EBIT-Marge5 19,93 14,71 -1,96 14,62 19,07 40,94 42,47 0,00
Jahresüberschuss1 751,00 603,00 -587,00 435,00 574,00 1.116,06 1.397,95 0,00
Netto-Marge6 14,43 10,62 -10,98 8,95 12,35 21,89 26,39 0,00
Cashflow1,7 -3.966,31 1.005,93 5.501,97 5.015,90 -1.142,11 -5.255,77 7.566,95 0,00
Ergebnis je Aktie8 2,72 1,86 -2,17 1.30 1,58 3,34 3,68 2,60
Dividende8 1,17 1,03 0,00 0,00 0,00 0,62 0,93 0,73
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2018 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: KPMG Austria

INVESTOR-INFORMATIONEN
©boersengefluester.de
Raiffeisen Bank International
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A0D9SU 20,720 6.815,63
KGV 2020e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
8,63 9,11 0,972 8,54
KBV KCV KUV EV/EBITDA
0,60 0,90 1,29 3,029
Dividende '17 in € Dividende '18 in € Div.-Rendite '18
in %
Hauptversammlung
0,62 0,93 4,49 13.06.2019
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
15.05.2019 13.08.2019 14.11.2019 13.03.2019
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-4,87% -10,55% -4,69% -23,68%
    
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