- Raiffeisen’s cost of risk ratio, excluding Russia, is projected to be about 0.35% for the full year.
- Net interest income, excluding Russia, was €1.03 billion in the second quarter, showing a slight decrease of 0.6% year over year. The market estimate was €1.04 billion.
- Net fee and commission income, excluding Russia, reached €502 million, marking an 8.9% increase from the previous year. This exceeded the market estimate of €423 million.
- Pretax profit, excluding Russia, rose by 18% year over year to €500 million in the second quarter.
- The net income, excluding Russia, increased by 30% year over year, reaching €307 million.
- Loan loss provisions, excluding Russia, decreased by 21% year over year, amounting to €62 million.
- The current market recommendations include 9 buys, 4 holds, and 3 sells for Raiffeisen.
A look at Raiffeisen Bank International Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.6 |
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 Smartkarma Smart Scores, Raiffeisen Bank International has a positive long-term outlook. With a top score in Value, the company is considered to be well-positioned in terms of its financial health and relative valuation. Additionally, its strong Dividend score indicates a solid track record of rewarding investors through dividends. While not as high in Growth, Resilience, and Momentum, Raiffeisen Bank International still maintains respectable scores in these areas, suggesting stability and consistent performance moving forward.
Summary: Raiffeisen Bank International AG, a corporate and investment bank operating in Austria and Central and Eastern Europe, offers a wide array of financial services, including corporate financing, investment banking, and retail banking in Eastern Europe. With impressive scores in Value and Dividend, Raiffeisen Bank International seems to have a promising outlook for long-term growth and stability.
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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