Tinkoff Q4 20 Earnings Preview - Good quarter should allow the company to meet 2020e guidance
-Tinkoff is to report Q4 20 IFRS results on March 11-We expect net profit to amount to RUB 12.1 bn, which is more than enough to meet 2020e guidance
-We expect the net loan book to grow by 10% yoy, in line with the guidance
-We do not expect any strong market reaction to the results as they are likely to be priced in
The Institutional Equity Research team of Raiffeisen Bank International AG covers 85 stocks from Austria, Central & Eastern Europe with sell-side research and thus levers our local broker status with excellent company relationships. For corporates in Austria, CEE and Western Europe, we offer co-sponsored research, which includes research coverage and marketing activities to investors. Additionally, through our Spotlight Research product we also shed light on leading European small and micro-caps, seeking greater visibility with investors.
The Institutional Equity Research team consists of roughly 15 analysts, both in Vienna and the CEE countries. Our analysts provide long-standing sector expertise in tandem with profound local market know how and a sectoral approach across the entire region.
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