- Raiffeisen’s provision for loan losses in the first quarter was €46.0 million, significantly lower than the estimated €79.5 million.
- The Common Equity Tier 1 (CET1) ratio (transitional) at the end of the period was 15.9%, which fell short of the 17.7% estimate.
- The Cost to Income ratio was 55%, higher than the estimated 45.4%, indicating increased expenses in relation to income.
- Pretax profit was €450 million, well below the expected €827 million.
- Net interest income reached €1.05 billion, short of the forecasted €1.42 billion.
- Net fee and commission income was €466 million, missing the estimate of €640.5 million.
- There was a net trading loss of €27 million, whereas a profit of €30.9 million was anticipated.
- General and administrative expenses were controlled at €850.0 million, lower than the projected €979.4 million.
- Risk-weighted assets amounted to €74.43 billion, significantly lower than the €94.12 billion estimate.
- The stock has 10 buy recommendations, 4 hold recommendations, and 3 sell recommendations.
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, Raiffeisen Bank International AG shows a promising long-term outlook. With a top score in Value, it indicates that the company is considered highly undervalued based on various financial metrics. A solid score in Dividend suggests that Raiffeisen Bank International offers a good dividend yield to investors. While Growth and Resilience scores are not the highest, they indicate that the company still has potential for growth and is relatively resilient in the face of challenges. Moreover, a strong Momentum score implies positive price momentum in the market.
Raiffeisen Bank International AG, a corporate and investment bank operating in Austria and Central and Eastern Europe, offers a wide range of financial services including corporate financing, investment banking, and retail banking services in Eastern Europe. With strong scores in Value, Dividend, and Momentum, the company appears to be well-positioned for long-term success, supported by its diverse service offerings and presence in key markets.
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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