- Raiffeisen’s net income for the first quarter was €705 million, significantly surpassing the estimate of €568.8 million.
- Provision for loan losses was reported at €43 million, much lower than the expected €79.5 million.
- The Common Equity Tier 1 (CET1) ratio stood at 18.8% at the end of the period, exceeding the forecast of 17.7%.
- The cost to income ratio was 43.3%, better than the predicted 45.4%.
- Pretax profit reached €1.04 billion, outperforming the estimate of €827 million.
- Net interest income was reported at €1.50 billion, above the anticipated €1.42 billion.
- Net fee and commission income totaled €668 million, higher than the estimate of €640.5 million.
- Net trading income was €56 million, well above the projected €30.9 million.
- General and administrative expenses were slightly higher at €995 million compared to the estimate of €979.4 million.
- Risk-weighted assets amounted to €95.03 billion, slightly above the expected €94.12 billion.
- The stock consensus: 10 buys, 4 holds, and 3 sells.
A look at Raiffeisen Bank International Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores for Raiffeisen Bank International, the outlook for the company seems positive in the long term. With a top score of 5 for Value, Raiffeisen Bank International is considered to have strong value potential according to the Smart Scores. Additionally, the company scores well in Dividend and Momentum, with scores of 4 each. This indicates a favorable outlook for dividends and the company’s momentum in the market. While Growth and Resilience scores are slightly lower at 3, the overall outlook for Raiffeisen Bank International remains promising.
Raiffeisen Bank International AG, a corporate and investment bank operating in Austria and Central and Eastern Europe, offers a range of financial services including corporate financing, investment banking, and retail banking across Eastern Europe. The company’s top scores in Value, Dividend, and Momentum suggest that it may be an attractive investment option for those looking for strong value potential and steady dividends. Despite slightly lower scores in Growth and Resilience, the company’s overall outlook appears optimistic based on the Smartkarma Smart Scores.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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