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13.09.2024 23:15:00
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Bigbank AS 2024. aasta augusti tulemused
Teade
Bigbanki jaoks oli august edukas kuu. Laenuportfell kasvas esmakordselt üle 2 miljardi euro ja kodulaenu portfell ületas 500 miljoni euro taseme. Soliidset kasvu näitas ka tarbimislaenuportfell, vaid ärilaenuportfell kahanes võrreldes juuli lõpuga ca 3 miljoni euro võrra. Augustis jätkus euribori kiire langus, kuu lõpus langes 6 kuu euribor alla 3,4% taseme, mis on madalaim intressitase alates 2023. aasta aprillist. See tähendab, et jätkuvad trendid, mis on kestnud juba mõne kvartali. Langev euribor toob kaasa leevenduse ujuvate intressimääradega laenuklientidele, kuid tähendab pankade jaoks langevaid intressitulusid. Samal ajal vähenevad ka hoiuste intressimäärad, kuid mitte euribori langusega võrreldavas tempos. Hoiuse poole pealt jätkub trend, et kliendid otsivad võimalusi lühiajaliste tähtajaliste hoiuste tegemiseks, et fikseerida sobiv intress vähemalt kolmeks või kuueks kuuks. Pikaajalised hoiused ja ka säästuhoiused, mille intressitase on vähem huvipakkuv on jäänud tahaplaanile. Kokkuvõttes tähendas see Bigbanki jaoks tähtajalise hoiuseportfelli kasvu ja säästuhoiuse portfelli vähenemist, hoiuseportfell kokku kahanes augustis 7 miljoni euro võrra. Rõõmustavad arengud on toimunud laenuportfelli krediidikvaliteedis. Laenunõuete ja finantsinvesteeringute allahindluste ning eraldiste kulu maht oli 1,4 miljonit eurot, mis on 2024. aasta madalaim kuine näitaja. Jätkuvalt on madal mittetöötava laenuportfelli osakaal kogu laenuportfellist. Augusti 4,2 miljoni euro suurune puhaskasum oli selle aasta tugevaim näitaja. Võrreldes eelmise aasta kaheksa kuu koondtulemusega on Bigbanki puhaskasum vähenenud 0,6 miljoni euro võrra. Peamisteks languse teguriteks on olnud neto laenunõuete ja finantsinvesteeringute allahindluste ning eraldiste mahu kasv, kuid oma osa on andnud ka kasvanud palga- ja tulumaksukulu. Viimase efekt tuleneb peamiselt Lätis krediidiasutustele kehtestatud tulumaksukohustusest, mis mõjutab finantstulemusi alates 2023. aasta detsembrist. Bigbanki 2024. aasta augusti majandustulemused: * Klientide hoiused ja saadud laenud kasvasid aastaga 488 miljonit eurot 2,2 miljardi euroni (+28%). * Nõuded klientidele kasvasid aastaga 431 miljonit 2,0 miljardi euroni (+27%). * Neto intressitulud olid augustis 9,4 miljonit eurot, aasta kaheksa esimese kuuga kokku 69,9 miljonit eurot. Kaheksa esimese kuu võrdluses aasta taguse sama perioodiga oli kasv 5,7 miljonit eurot (+9%). * Neto laenunõuete ja finantsinvesteeringute allahindluste maht ja eraldiste kulu kokku oli aasta kaheksa esimese kuuga 18,3 miljonit eurot, võrreldes aasta taguse ajaga oli kasv 6,5 miljonit eurot ehk 55%. * Augusti puhaskasum oli 4,2 miljonit eurot. Kaheksa esimese kuu kasum kokku moodustas 23,4 miljonit eurot, kahanedes võrreldes 2023. aasta sama perioodiga 0,6 miljonit eurot ehk 2%. * Omakapitali tootlus oli augustis 19,3%. Kasumiaruanne, tuhandetes eurodes August 2024 8 kuud 2024 8 kuud 2023 Erinevus YoY ------------------------------------------------------------------------------- Neto tegevustulud kokku, sh 10 359 77 177 70 011 7 166 +10% Neto intressitulu 9 375 69 931 64 266 5 665 +9% Neto teenustasud 746 5 929 5 407 522 +10% Tegevuskulud kokku, sh -3 904 -30 726 -30 226 -500 +2% Palgakulud -2 214 -17 287 -15 632 -1 655 +11% Halduskulud -975 -7 862 -9 886 2 023 -20% Kasum enne allahindluste kulu 6 455 46 451 39 784 6 667 +17% Neto laenunõuete ja finantsinvesteeringute allahindlused ja eraldiste kulu -1 414 -18 346 -11 854 -6 492 +55% Tulumaks -875 -4 734 -3 328 -1 406 +42% Aruandeperioodi jätkuvate tegevuste kasum 4 166 23 371 24 603 -1 231 -5% Kasum/Kahjum lõpetatud tegevustest 0 29 -617 646 ------------------------------------------------------------------------------- Aruandeperioodi kasum 4 166 23 400 23 985 -585 -2% ------------------------------------------------------------------------------- Ärimahud, tuhandetes eurodes August 2024 8 kuud 2024 8 kuud 2023 Erinevus YoY ------------------------------------------------------------------------------- Klientide hoiused ja saadud laenud 2 238 741 2 238 741 1 750 965 487 776 +28% Nõuded klientidele 2 005 507 2 005 507 1 574 730 430 777 +27% Võtmenäitajad August 2024 8 kuud 2024 8 kuud 2023 Erinevus YoY ------------------------------------------------------------------------------- ROE 19,3% 15,9% 17,1% -1,2pp Kulu/ tulu suhe (C/I) 37,7% 39,8% 43,2% -3,4pp Soovitusindeks (NPS) 50 56 58 -2 Bigbank AS (www.bigbank.ee) on Eesti kapitalil põhinev era- ja äriklientide laenudele ja hoiustele keskendunud pank, millel on lisaks tegevusele Eestis filiaalid Soomes, Rootsis, Lätis, Leedus ja Bulgaarias ning mis pakub piiriülese teenusena oma tooteid ka Austrias, Saksamaal ja Hollandis. Bigbanki bilansimaht ületab 2,5 miljardit eurot. Argo Kiltsmann Juhatuse liige Telefon: +372 5393 0833 E-mail: argo.kiltsmann@bigbank.ee www.bigbank.ee
Pealkiri
Bigbank AS results for August 2024
Teade
August was a successful month for Bigbank. The loan portfolio surpassed 2 billion euros for the first time, and the home loan portfolio exceeded the 500 million euro mark. The consumer loan portfolio also demonstrated solid growth, while the business loan portfolio decreased by approximately 3 million euros compared to the end of July. In August, the rapid decline of Euribor continued, with the 6-month Euribor falling below 3.4% by the end of the month, marking the lowest interest rate since April 2023. This reflects ongoing trends that have persisted for several quarters. The declining Euribor brings relief to loan clients with floating interest rates but results in lower interest income for banks. At the same time, deposit interest rates are also decreasing, although not at the same pace as Euribor. On the deposit side, the trend of customers seeking short-term fixed deposits continues, with many looking to lock in favourable rates for at least three to six months. Long-term term deposits and savings deposits, which offer less attractive interest rates, have become less popular. Overall, this resulted in growth in Bigbank's term deposit portfolio and a decrease in the savings deposit portfolio. The total deposit portfolio shrank by 7 million euros in August. Encouraging developments have occurred in the credit quality of the loan portfolio. The cost of impairments and provisions for loans and financial investments amounted to 1.4 million euros, the lowest monthly figure for 2024. The proportion of non-performing loans in the total loan portfolio remains low. August's net profit of 4.2 million euros was the strongest result this year. Compared to the cumulative results for the first eight months of last year, Bigbank's net profit has decreased by 0.6 million euros. The primary factors contributing to this decline have been the increase in net loss allowances for loans and financial investments and provision expenses. Additionally, the rise in salary and income tax expenses has played a significant role, driven mainly by the income tax obligation imposed on credit institutions in Latvia, which has impacted financial results since December 2023. Bigbank's financial results for August 2024: * Deposits from customers and loans received increased by 488 million euros year-on-year, reaching 2.2 billion euros (+28%). * Loans to customers increased by 431 million euros year-on-year, reaching 2.0 billion euros (+27%). * Net interest income was 9.4 million euros in August, totalling 69.9 million euros for the first eight months of the year. Compared to the same period last year, the growth for the first eight months was 5.7 million euros (+9%). * Net loss allowances for loans and financial investments and provision expenses amounted to 18.3 million euros for the first eight months of the year. Compared to the same period last year, this was an increase of 6.5 million euros or 55%. * August's net profit was 4.2 million euros. The cumulative profit for the first eight months was 23.4 million euros, decreasing by 0.6 million euros or 2% compared to the same period in 2023. Income statement, in thousands of Difference euros Aug 2024 YTD24 YTD23 YoY ------------------------------------------------------------------------------- Total net operating income, incl. 10,359 77,177 70,011 7,166 +10% Net interest income 9,375 69,931 64,266 5,665 +9% Net fee and commission income 746 5,929 5,407 522 +10% Total expenses, incl. -3,904 -30,726 -30,226 -500 +2% Salaries and associated charges -2,214 -17,287 -15,632 -1,655 +11% Administrative expenses -975 -7,862 -9,886 2,023 -20% Profit before loss allowances 6,455 46,451 39,784 6,667 +17% Net loss allowances on loans and financial investments and other provisions -1,414 -18,346 -11,854 -6,492 +55% Income tax expense -875 -4,734 -3,328 -1,406 +42% Profit for the period from continuing operations 4,166 23,371 24,603 -1,231 -5% Profit or loss before tax from discounted operations 0 29 -617 646 ------------------------------------------------------------------------------- Profit for the period 4,166 23,400 23,985 -585 -2% ------------------------------------------------------------------------------- Business volumes, in thousands of Difference euros Aug 2024 YTD24 YTD23 YoY ------------------------------------------------------------------------------- Customer deposits and loans received 2,238,741 2,238,741 1,750,965 487,776 +28% Loans to customers 2,005,507 2,005,507 1,574,730 430,777 +27% Key figures Difference Aug 2024 YTD24 YTD23 YoY ------------------------------------------------------------------------------- ROE 19.3% 15.9% 17.1% -1.2pp Cost / income ratio (C/I) 37.7% 39.8% 43.2% -3.4pp Net promoter score (NPS) 50 56 58 -2 Bigbank AS (www.bigbank.eu (https://www.globenewswire.com/Tracker?data=kdH_eybdu_iLUpvR0ii9JKtZ4JK3Kd00gBUU UpvXsCw1j7uIDqNY0JGl- onoOcKOnyOzKgskDLIyoZCd4sxDi0KMv1r7TiPZB_4KVtuXisdWH4BxitMNoE7XNd5h6y1QSrM3SGmtm g3CGdQ1MAvY4xhsUM3SW_1ReCgokW3ypqP8_XVkzlkk5GKlHsOI1wT4WraoM6_S9Thq7Cg5kg3g1LGXw tQJV8kqkQMXzlngEhc=)) is an Estonian capital-based bank specialising in loans and deposits for private and business customers. In addition to operations in Estonia, the bank has branches in Finland, Sweden, Latvia, Lithuania, and Bulgaria and offers its products on a cross-border basis in Austria, Germany, and the Netherlands. Bigbank's total assets exceed 2.5 billion euros. Argo Kiltsmann Member of the Management Board Telephone: +372 5393 0833 E-mail: argo.kiltsmann@bigbank.ee (https://www.globenewswire.com/Tracker?data=zbD- BxdDQwdcYyMrDrnCD9o7AOjIQt7GnoxpWcHYV_0pziB1xfteS2FasJOJsBQUoT69v7fxbiS9JTXNbG_w dVH8GUZkTik8Bgqi_HaDZS2oiihKFiTk4pudbNCeBzkIxbMEntaUUFgB4RKMD5gDDxrq9XeNd9JFc_h0 k7Pv74UgLSs5uvhOd6KQ8zp_wBDQXTOcM2BCFDOxoYJ0QIVKzVkbbgKaC-Z-rwjnT2- PohySSmXwmpbM2eYe5KePbr0UjyVT4GfB2ughrXfPphCjNUt_dY8Y4WlUCGfmWh1dBKg=) www.bigbank.ee (https://www.globenewswire.com/Tracker?data=kdH_eybdu_iLUpvR0ii9JIk4ZHYdBwS8fHnw KUU_HlO9hY8AjIK-srvC0U5EMljC3oQ9- posw6WrZSwCBs8x1Q443Jwse8f5d_3awacNqrazTMBRQyJWtWjJC7PKVvHJ1p6NvA7_sbkeK9V1rGlut 1AEoVU0kFFMDf8udpNPGiHuVR- opg4zdU_t5DzoZsu2DabUrKc2AbGKK6yrIyvD3tfBlCeNOrhKYFYyqwtbvt4=)