Erste Group Bank AG - ADR
EBKDY
Market Cap$61.24B
Close$
Earnings Call Q1 2024
May 4, 2024 - AI Summary
Erste Group reported strong financial performance in the first quarter of 2024, with both operating profit and net profit increasing year-on-year and quarter-on-quarter.
Net interest income (NII) remained near record levels, driven by strong performance in Central and Eastern Europe (CEE), particularly in the Czech Republic and Hungary. The NII consolidation is expected to continue, supported by loan growth and fixed rate asset repricing.
Fee and commission income reached a new quarterly record, driven by payment services, securities business, and insurance brokerage. Asset management also performed well, contributing to strong fee growth.
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$10.91
72.6% downside
Current Fair Value
72.6% downsideOvervalued by 72.6% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $61.24 Billion |
|---|---|
| Enterprise Value | $20.58 Billion |
| Dividend Yield | $1.46 (3.86819484240688%) |
| Earnings per Share | $2 |
| Beta | 1.14 |
| Outstanding Shares | 1,563,802,020 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 9.25 |
|---|---|
| PEG | 114.42 |
| Price to Sales | 3.32 |
| Price to Book Ratio | 1.99 |
| Enterprise Value to Revenue | 1.03 |
| Enterprise Value to EBIT | -28 |
| Enterprise Value to Net Income | 6 |
| Total Debt to Enterprise | 0.02 |
| Debt to Equity | 0.01 |
Revenue Sources
No data
Insider Trades
ESG Score
No data
About Erste Group Bank AG
CEO: Bernhard Spalt