Sberbank - Bank St Petersburg PJSC (BSPB) Ð”Ð¾Ð»Ð³Ð¾Ð²Ñ‹Ðµ Ñ€Ñ‹Ð½ÐºÐ¸ ÑÐµÐ³Ð¾Ð´Ð½Ñ - 31 Ð°Ð²Ð³ÑƒÑÑ‚Ð° 2017

Report

Sberbank

Alexander Kudrin

31/08/2017 43 RU

Underlying

Bank St Petersburg PJSC

Bank St. Petersburg OJSC is involved in commercial banking operations within the Russian Federation. Co. is organized into three main segments: Corporate banking, which includes settlement and current accounts, deposits, credit lines and loans; operations on financial markets, which includes financial instruments trading, loans and deposits on the interbank market, dealing in foreign exchange and derivative financial instruments; and retail banking, which provides private customer current accounts, deposits, retail investment products, custody, credit and debit cards, consumer loans, mortgages and other loans to individuals.

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RU0009100945 Moscow Exchange MICEX-RTS Russia

Provider

Sberbank

Sberbank CIB Investment Research is a research firm offering equity, fixed income, economics, and strategy research. It covers analysis on all aspects of Russia’s capital markets, issues and industries. The firm analyzes trends in Russia and combines local knowledge with a global perspective. It processes macroeconomic data, market and company-specific news, stock quotes and other information for providing research reports. The firm provides details and latest prices on the most traded names and most traded paper on all segments Russian market. In strategy research, it provides thematic research, tips and descriptions of the methodology used to evaluate companies.

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Analysts

Alexander Kudrin

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Bank St Petersburg (BSPB RX: O/W; TP RUB60) reported its 3Q21 IFRS results. 3Q21 net income jumped 50% y/y to RUB4.1bn with 17.1% ROAE (though 4% below consensus). CoR of 0.7% was the biggest surprise, although it was offset by RUB0.6bn of an investment property impairment loss. Core banking lines roughly matched expectations – NII grew 17% y/y (supported by the 7% y/y corporate loan book growth and 17% y/y retail loans growth) and F&C income growth was normalized at 13% y/y in Q3 vs (39% y/...

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Ð”Ð¾Ð»Ð³Ð¾Ð²Ñ‹Ðµ Ñ€Ñ‹Ð½ÐºÐ¸ ÑÐµÐ³Ð¾Ð´Ð½Ñ - 31 Ð°Ð²Ð³ÑƒÑÑ‚Ð° 2017

CIS Market Daily - November 19, 2021

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CIS Market Daily - March 24, 2022

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Ð”Ð¾Ð»Ð³Ð¾Ð²Ñ‹Ðµ Ñ€Ñ‹Ð½ÐºÐ¸ ÑÐµÐ³Ð¾Ð´Ð½Ñ - 31 Ð°Ð²Ð³ÑƒÑÑ‚Ð° 2017