Report
Andrew Keeley ...
  • Kirill Rogachev

TCS Group - Сильные результаты за 3К18, прогноз повышен

TCS Group сегодня представила отчетность за 3К18 по МСФО, а в 15:00 по московскому времени состоится телеконференция. Результаты оказались очень сильными: группа показала рекордно высокую чистую прибыль, доход на капитал достиг 80%. Чистый процентный и комиссионный доходы были на уровне наших ожиданий. В то же время чистая прибыль превысила наш прогноз и консенсус-оценки благодаря снижению расходов и отчислений в резервы. Отметим также, что компания повысила прогноз на 2018 год по всем показателям. В целом результаты за 3К18 должны быть позитивны для акций TCS Group, у которых коэффициент "цена/капитал 2018о" равен 4,6, а "цена/прибыль 2019о" - 6,9.
Underlying
TCS Group Holding Plc Sponsored GDR Class A RegS

TCS Group Holding is a retail banking services group based in the Russian Federation. Co. is principally engaged in providing retail banking services in the Russian Federation through its subsidiaries, primarily Tinkoff Credit Systems. Co., through this subsidiary, fully licensed by the Central Bank of Russia and a member of the Deposit Insurance System, specializes in credit cards. Co. provides online retail financial services through a branchless operating platform. Co. also offers remote access to its financial products and services through its online banking as well as through mobile banking and high-volume call centers.

Provider
Sberbank
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.

Analysts
Andrew Keeley

Kirill Rogachev

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