DGAP-News: Raiffeisen Bank International AG / Key word(s): Quarter Results
Raiffeisen Bank International AG: Third Quarter Report 2018

14.11.2018 / 07:31
The issuer is solely responsible for the content of this announcement.


RBI: Third Quarter Report 2018

- Consolidated profit of EUR 1,173 mn (up 29% year-on-year), including EUR 121 mn loss from sale of Polish core banking operations booked in Q2/2018

- Operating income up 5% year-on-year supported by net interest income

- Very positive development of risk costs driven by high releases of loan loss provisions

- Loans to customers up 3% YTD despite sale of Polish core banking operations (IFRS 5 reclassification)

- 85bps CET1 ratio uplift to be recognized in Q4/2018, following disposal of Polish core banking operations

- NPL ratio decreased further to 4.4% (of which 109bps organic reduction YTD and 16bps due to sale of Polish core banking operations)

- CET1 ratio at 12.8% (fully loaded) including YTD results
 

Income Statement in EUR million1-9/20181-9/2017Q3/2018Q2/2018
Net interest income 2,519 2,407 856 834
Net fee and commission income 1,325 1,271 455 460
Net trading income and fair value result 20 27 4 18
General administrative expenses (2,228) (2,213) (734) (754)
Other result (87) 31 7 (121)
Levies and expenses from special governmental measures (157) (147) (16) (8)
Impairment losses on financial assets 56 (191) (28) 0
Profit before tax 1,587 1,301 563 496
Profit after tax 1,271 1,012 452 389
Consolidated profit 1,173 910 417 357
         
Balance Sheet in EUR million30/09/201831/12/2017    
Loans to customers 80,056 77,745    
Loans to customers excl. Polish core banking operations 80,056 73,436 (pro forma)  
Deposits from customers 82,356 84,974    
Total assets 146,177 135,146    
Risk-weighted assets (total) 76,227 71,902    
 
         
Key ratios30/09/201831/12/2017    
NPL ratio 4.4% 5.7%    
NPL coverage ratio 75.0% 67.0%    
CET1 ratio (fully loaded) 12.3% 12.7%    
CET1 ratio (transitional) 12.3% 12.9%    
CET1 ratio (fully loaded, incl. result) 12.8% 12.7%    
CET1 ratio (transitional, incl. result) 12.8% 12.9%    
         
Key ratios1-9/20181-9/2017Q3/2018Q2/2018
Net interest margin 2.49% 2.45% 2.51% 2.48%
Consolidated return on equity 14.4% 13.3% 15.6% 14.6%
Cost/income ratio 55.7% 57.9% 55.0% 54.7%
Earnings per share in EUR 3.43 2.74 1.22 1.04
 

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
ir@rbinternational.com
phone +43-1-71 707-2089
www.rbinternational.com



14.11.2018 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.

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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

745485  14.11.2018 

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