Cash flow Sberbank of Russia

Stocks

SBER

RU0009029540

Banks

End-of-day quote Moscow Micex - RTS Other stock markets 08/07/2022			5-day change	1st Jan Change
133.30 ^RUB	+0.16%		-.--%	-

07-01	Russia's Sberbank lowers corporate lending expectations as bad debts rise	RE
07-01	Russia's Sberbank to revise risk and corporate lending forecasts, CFO says	RE

7ede2f834c36d28.DqkGdpc_c36G9faYHUqi3H7e-R4CGLUNviyadX7owII.b-NSTv1rKSf3tIHReSbF8QiztWxGUtpa0EL-Fyq-7dZt3Gk6w2VCMNeivw

Published financial data: SBERBANK OF RUSSIA

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Interest Income On Loans	2,577B	3,462B	4,218B	6,857B	8,652B
Interest Income On Investments	154B	216B	288B	647B	994B
Interest Income, Total	2,731B	3,677B	4,505B	7,504B	9,646B
Interest On Deposits	820B	1,643B	1,772B	4,186B	5,662B
Total Interest On Borrowings	31.3B	70.3B	63.9B	182B	271B
Interest Expense, Total	851B	1,714B	1,836B	4,368B	5,934B
Net Interest Income	1,880B	1,964B	2,670B	3,136B	3,712B
Income From Trading Activities	-	-	-	-	-
Gain (Loss) on Sale of Assets	-	-	-	-	-
Gain (Loss) on Sale of Invest. & Securities - (Rev)	3.7B	400M	5.4B	2.4B	4.8B
Income (Loss) on Equity Invest. (Income Block)	-13.8B	-	-	-	-100M
Total Other Non Interest Income	702B	186B	621B	568B	689B
Non Interest Income, Total	692B	186B	627B	570B	693B
Revenues Before Provison For Loan Losses	2,572B	2,150B	3,296B	3,706B	4,405B
Provision For Loan Losses	142B	450B	235B	443B	647B
Total Revenues	2,430B	1,700B	3,061B	3,264B	3,758B
Stock-Based Compensation (IS)	-	-	-	-	-
Federal Deposit Insurance	78.1B	88.7B	105B	136B	156B
Selling General & Admin Expenses, Total	827B	822B	924B	1,056B	1,230B
Total Other Non Interest Expense	33.6B	-	-	7.1B	7.3B
Non Interest Expense, Total	939B	911B	1,030B	1,199B	1,393B
EBT, Excl. Unusual Items	1,492B	789B	2,032B	2,065B	2,365B
Total Merger & Related Restructuring Charges	-4.6B	-	-	-	-
Impairment of Goodwill	-	-	-	-	-
Asset Writedown	-12.7B	-224B	-46.8B	-30.1B	-115B
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	1,475B	565B	1,985B	2,035B	2,250B
Income Tax Expense	294B	151B	476B	454B	544B
Earnings From Continuing Operations	1,181B	414B	1,509B	1,580B	1,706B
Earnings Of Discontinued Operations	65B	-143B	-	-	-
Net Income to Company	1,246B	270B	1,509B	1,580B	1,706B
Minority Interest	4.8B	4.6B	3.2B	1.3B	1.5B
Net Income - (IS)	1,251B	275B	1,512B	1,582B	1,707B
Preferred Dividend and Other Adjustments	27.8B	9.7B	33.9B	42B	43.3B
Net Income to Common Incl Extra Items	1,223B	265B	1,478B	1,540B	1,664B
Net Income to Common Excl. Extra Items	1,158B	409B	1,478B	1,540B	1,664B
Per Share Items
Net EPS - Basic	56.88	12.4	69.06	71.94	77.76
Basic EPS - Continuing Operations	53.86	19.1	69.06	71.94	77.76
Basic Weighted Average Shares Outstanding	21.5B	21.4B	21.4B	21.4B	21.4B
Net EPS - Diluted	56.88	12.4	69.06	71.94	77.76
Diluted EPS - Continuing Operations	53.86	19.1	69.06	71.94	77.76
Diluted Weighted Average Shares Outstanding	21.5B	21.4B	21.4B	21.4B	21.4B
Normalized Basic EPS	43.59	23.26	59.48	60.36	69.15
Normalized Diluted EPS	43.59	23.26	59.48	60.36	69.15
Dividend Per Share	-	25	33.3	34.8	37.64
Payout Ratio	34.31	-	-	-	43.21
American Depositary Receipts Ratio (ADR)	4	4	4	4	4
Supplemental Items
Effective Tax Rate - (Ratio)	19.92	26.72	23.99	22.33	24.18
Total Current Taxes	296B	-	-	308B	634B
Total Deferred Taxes	-2.3B	-	-	146B	-89.7B
Normalized Net Income	937B	498B	1,273B	1,292B	1,480B
Non-Cash Pension Expense	2.2B	-	-	-	-
Supplemental Operating Expense Items
Stock-Based Comp., SG&A Exp. (Total)	3B	-	-	18B	23.1B
Stock-Based Comp., Other (Total)	-	-	-	-	-
Total Stock-Based Compensation	3B	-	-	18B	23.1B

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	2,327B	1,392B	2,387B	2,230B	3,830B
Investment Securities, Total	6,053B	7,482B	8,222B	9,867B	10,086B
Trading Asset Securities, Total	1,002B	-	-	1,403B	2,219B
Mortgage Backed Securities	98.2B	-	-	210B	969B
Total investments	7,153B	7,482B	8,222B	11,481B	13,275B
Gross Loans	28,759B	31,038B	39,381B	46,227B	50,594B
Allowance For Loan Losses	-1,441B	-1,664B	-1,823B	-2,163B	-2,506B
Other Adjustments to Gross Loans	-	-	-	-	-
Net Loans	27,318B	29,373B	37,558B	44,064B	48,088B
Gross Property Plant And Equipment	1,188B	-	-	1,732B	2,060B
Accumulated Depreciation	-360B	-	-	-527B	-663B
Net Property Plant And Equipment	828B	820B	1,003B	1,204B	1,397B
Goodwill	52.8B	-	-	51.7B	54.4B
Other Intangibles, Total	238B	-	-	479B	670B
Investment in Real Estate	23.7B	-	-	48.1B	52.3B
Other Receivables	75.9B	1,268B	1,153B	152B	157B
Restricted Cash	274B	46.9B	77.1B	152B	173B
Other Current Assets, Total	978B	-	-	537B	553B
Deferred Tax Assets Long-Term (Collected)	35.2B	145B	133B	121B	118B
Other Long-Term Assets, Total	1,863B	1,345B	1,774B	335B	447B
Total Assets	41,166B	41,872B	52,307B	60,855B	68,814B
Liabilities
Accrued Expenses, Total	61.4B	-	-	116B	129B
Interest Bearing Deposits	27,561B	28,966B	34,582B	45,601B	49,009B
Total Deposits	27,561B	28,966B	34,582B	45,601B	49,009B
Short-Term Borrowings	2,335B	1,102B	2,381B	3,075B	6,003B
Current Portion of Long-Term Debt	379B	-	-	301B	374B
Long-Term Debt	2,384B	3,821B	6,024B	1,206B	1,098B
Long-Term Leases	88.2B	-	-	171B	245B
Current Income Taxes Payable	3.6B	-	-	19B	88.9B
Other Current Liabilities - (Bank / Utility Template)	815B	-	-	309B	354B
Unearned Revenue Non Current	29.3B	-	-	19.7B	28.3B
Pension & Other Post Retirement Benefits	64.7B	-	-	113B	124B
Deferred Tax Liability Non-Current	29.9B	13.9B	21.5B	36.8B	41.5B
Other Non Current Liabilities	1,770B	2,153B	2,714B	2,715B	2,974B
Total Liabilities	35,521B	36,057B	45,723B	53,682B	60,468B
Preferred Stock Non Redeemable	3B	-	-	3B	3B
Preferred Stock - Others	-2B	-	-	-1.9B	-1.9B
Total Preferred Equity	1B	-	-	1.1B	1.1B
Common Stock, Total	64.8B	320B	320B	64.8B	64.8B
Additional Paid In Capital	233B	-	-	233B	233B
Retained Earnings	5,200B	5,454B	6,349B	7,182B	8,108B
Treasury Stock	-29.9B	-109B	-235B	-30.8B	-41.5B
Comprehensive Income and Other	170B	150B	150B	-274B	-13.3B
Total Common Equity	5,638B	5,815B	6,584B	7,175B	8,350B
Minority Interest	5.9B	100M	400M	-2.2B	-5.1B
Total Equity	5,644B	5,815B	6,584B	7,174B	8,346B
Total Liabilities And Equity	41,166B	41,872B	52,307B	60,855B	68,814B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	22.46B	21.4B	21.4B	21.4B	21.39B
ECS Total Common Shares Outstanding	22.46B	21.4B	21.4B	21.4B	21.39B
Book Value / Share	244.36	264.71	300.65	328.19	383.42
Tangible Book Value	5,347B	5,815B	6,584B	6,644B	7,626B
Tangible Book Value Per Share	231.42	264.71	300.65	303.39	349.55
Average Loans	-	27,929B	-	-	-
Total Debt	5,186B	4,924B	8,405B	4,752B	7,720B
Deposits at Interest - Cash	551B	-	-	344B	378B
Net Debt	242B	3,531B	6,018B	-2,953B	-4,389B
Equity Method Investments, Total	166B	-	-	57.9B	68.2B
Full Time Employees	288K	209K	-	308K	292K
Part Time Employees	-	1.22K	-	-	-
Number Of Offices	13.65K	12.62K	-	11.6K	10.71K
Assets on Operating Lease - Gross	106B	-	-	-	-
Assets on Operating Lease - Accumulated Depreciation	-22B	-	-	-	-

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	1,251B	-	-	-	1,707B
Depreciation, Depletion & Amortization	103B	-	-	-	143B
Amortization of Goodwill and Intangible Assets - (CF)	41.7B	-	-	-	153B
Total Depreciation, Depletion & Amortization	144B	-	-	-	296B
Change in Trading Asset Securities	-	-	-	-	-
Change in Other Net Operating Assets (Collected)	-4,144B	-	-	-	-4,835B
Other Operating Activities	450B	-	-	-	294B
Net Cash From Discontinued Operations	-	-	-	-	-
Cash from Operations	-2,299B	-	-	-	-2,538B
Capital Expenditure	-300B	-	-	-	-550B
Sale of Property, Plant, and Equipment	19.2B	-	-	-	9.4B
Cash Acquisitions	-23.6B	-	-	-	-2.3B
Divestitures	2.2B	-	-	-	200M
Sale (Purchase) of Real Estate Properties (Collected)	500M	-	-	-	-400M
Investment in Marketable and Equity Securities, Total	-40.1B	-	-	-	-3.4B
Other Investing Activities, Total	120B	-	-	-	-
Cash from Investing	-221B	-	-	-	-547B
Long-Term Debt Issued, Total	76.1B	-	-	-	94.2B
Total Debt Issued	76.1B	-	-	-	94.2B
Long-Term Debt Repaid, Total	-30.8B	-	-	-	-50.7B
Total Debt Repaid	-30.8B	-	-	-	-50.7B
Issuance of Common Stock	278B	-	-	-	220B
Repurchase of Common Stock	-292B	-	-	-	-230B
Common Dividends Paid	-411B	-	-	-	-705B
Preferred Dividends Paid	-18.1B	-	-	-	-33B
Common & Preferred Stock Dividends Paid	-429B	-	-	-	-738B
Net Increase (Decrease) in Deposit Accounts - (CF)	3,096B	-	-	-	5,534B
Other Financing Activities, Total	-3.6B	-	-	-	-3.3B
Cash from Financing	2,695B	-	-	-	4,827B
Foreign Exchange Rate Adjustments	-35.3B	-	-	-	-56.5B
Miscellaneous Cash Flow Adjustments	-200M	-	-	-	-
Net Change in Cash	140B	-	-	-	1,686B
Supplemental Items
Cash Interest Paid	803B	-	-	-	6,047B
Cash Income Tax Paid (Refund)	342B	-	-	-	555B
Net Debt Issued / Repaid	45.3B	-	-	-	43.5B

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	3.06	1	3.2	2.79	2.63
Return On Equity %	22.09	7.22	24.41	22.97	21.98
Return on Common Equity	21.68	7.14	23.91	22.38	21.44
Shareholders Value Added	654B	-	-	-	929B
Margin Analysis
SG&A Margin	32.07	48.36	30.2	30.77	31.31
Net Interest Income / Total Revenues %	77.35	115.51	87.22	96.09	98.76
EBT Excl. Non-Recurring Items Margin %	61.38	46.43	66.37	63.26	62.93
Income From Continuing Operations Margin %	48.59	24.34	49.28	48.42	45.39
Net Income Margin %	51.46	16.18	49.39	48.46	45.43
Net Avail. For Common Margin %	47.64	24.04	48.28	47.17	44.28
Normalized Net Income Margin	38.56	29.29	41.58	39.58	39.37
Asset quality
Nonperforming Loans / Total Loans %	2.85	2.64	2.17	2.51	3.28
Nonperforming Loans / Total Assets %	1.99	1.96	1.63	1.9	2.42
Nonperforming Assets / Total Assets %	1.99	1.96	1.63	1.9	2.42
NPAs / Loans and OREO	2.85	2.64	2.17	2.51	3.28
NPAs / Equity	14.51	14.11	12.97	16.15	19.91
Allowance for Credit Losses / Net Charge-offs %	-	-	-	-	-
Allowance for Credit Losses / Nonperforming Loans %	175.92	202.82	213.52	186.66	150.82
Allowance for Credit Losses / Total Loans %	5.01	5.36	4.63	4.68	4.95
Provision for Loan Losses / Net Charge-offs %	-	-	-	-	-
Capital And Funding
Total Average Common Equity / Total Average Assets %	13.84	13.79	13.13	12.16	11.97
Total Average Equity / Total Average Assets %	13.85	13.8	13.13	12.16	11.97
Total Equity + Allowance for Loan Losses / Total Loans %	24.62	24.1	21.35	20.2	21.46
Gross Loans / Total Deposits %	104.34	107.15	113.88	101.37	103.24
Net Loans / Total Deposits %	99.12	101.41	108.61	96.63	98.12
Tier 1 Capital Ratio %	14.3	15.2	13.5	12.4	13.2
Total Capital Ratio %	14.8	15.7	14	12.8	14.1
Core Tier 1 Capital Ratio	13.9	14.8	13.2	12.1	13
Tier 2 Capital Ratio	0.5	-	-	0.42	0.86
Coverage Ratio	100.72	146.26	145.71	137.12	111.81
Interbank Ratio	86.53	48.76	23.26	65.85	35.04
Fixed Charges Coverage
EBT + Interest on Borrowings / Interest on Borrowings	48.11	9.03	32.06	12.15	9.29
EBT + Interest Expense / Interest Expense	2.73	1.33	2.08	1.47	1.38
Growth Over Prior Year
Net Interest Income, 1 Yr. Growth %	13.77	6.9	35.97	17.47	18.36
Non Interest Income, 1 Yr. Growth %	26.15	-73.78	472.85	-5.73	21.52
Provision For Loan Losses, 1 Yr. Growth %	-63.51	224.51	-47.75	88.11	46.03
Total Revenues, 1 Yr. Growth %	34.08	-29.44	88.67	7.38	15.16
Earnings From Cont. Operations, 1 Yr. Growth %	50.86	-64.51	249.94	4.75	7.95
Net Income, 1 Yr. Growth %	64.33	-78	417.03	4.62	7.95
Normalized Net Income, 1 Yr. Growth %	48.21	-47.08	149.97	2.56	14.56
Diluted EPS Before Extra, 1 Yr. Growth %	52.36	-64.07	246.92	4.17	8.09
Dividend Per Share, 1 Yr. Growth %	-	-	33.2	4.5	8.16
Gross Loans, 1 Yr. Growth %	14.14	8.84	26.88	16.5	9.45
Allowance For Loan Losses, 1 Yr. Growth %	-12.01	17.03	9.55	8.74	15.88
Net Loans, 1 Yr. Growth %	15.96	8.41	27.86	16.91	9.13
Non Performing Loans, 1 Yr. Growth %	-23.66	0.17	4.06	35.72	43.42
Non Performing Assets, 1 Yr. Growth %	-23.66	0.17	4.06	35.72	43.42
Total Assets, 1 Yr. Growth %	14.3	1.72	24.95	16.34	13.08
Total Deposits, 1 Yr Growth %	7.98	6.21	19.39	26.28	7.46
Tangible Book Value, 1 Yr. Growth %	10.28	3.12	13.97	7.23	14.79
Common Equity, 1 Yr. Growth %	11.75	3.12	13.97	8.99	16.39
Total Equity, 1 Yr. Growth %	11.85	3.02	13.98	8.95	16.35
Compound Annual Growth Rate Over Two Years
Net Interest Income, 2 Yr. CAGR %	11.92	9	20.56	26.38	17.91
Non Interest Income, 2 Yr. CAGR %	12.45	-41.7	-6.14	128.36	7.03
Provision For Loan Losses, 2 Yr. CAGR %	23.75	7.62	30.28	-0.86	65.74
Total Revenues, 2 Yr. CAGR %	11.48	-3.16	12.72	41.83	11.2
Earnings From Cont. Operations, 2 Yr. CAGR %	13.62	-27.29	13.75	91.46	6.34
Net Income, 2 Yr. CAGR %	21.67	-39.88	9.94	132.57	6.27
Normalized Net Income, 2 Yr. CAGR %	14.41	-11.27	16.32	59.27	8.4
Diluted EPS Before Extra, 2 Yr. CAGR %	13.48	-26.5	13.98	90.11	6.11
Dividend Per Share, 2 Yr. CAGR %	-	15.62	-	17.98	6.32
Gross Loans, 2 Yr. CAGR %	14.54	10.99	17.51	22.04	12.92
Allowance For Loan Losses, 2 Yr. CAGR %	1.58	0.81	13.23	14.01	12.25
Net Loans, 2 Yr. CAGR %	15.37	11.66	17.73	22.48	12.95
Non Performing Loans, 2 Yr. CAGR %	-6.56	-12.55	2.1	18.84	39.52
Non Performing Assets, 2 Yr. CAGR %	-6.56	-12.55	2.1	18.84	39.52
Total Assets, 2 Yr. CAGR %	17.22	7.82	12.72	20.57	14.7
Total Deposits, 2 Yr CAGR %	12.92	6.53	12.61	25.47	16.5
Tangible Book Value, 2 Yr. CAGR %	11.05	9.51	8.06	7.24	10.94
Common Equity, 2 Yr. CAGR %	12.22	7.36	8.06	11.44	12.63
Total Equity, 2 Yr. CAGR %	12.16	7.34	8.01	11.44	12.59
Compound Annual Growth Rate Over Three Years
Net Interest Income, 3 Yr. CAGR %	8.55	9.37	17.34	19.52	23.65
Non Interest Income, 3 Yr. CAGR %	18.14	-30.16	4.53	-7.09	85.06
Provision For Loan Losses, 3 Yr. CAGR %	13.57	69.39	-15.39	47.25	12.8
Total Revenues, 3 Yr. CAGR %	10.67	-4.57	19.08	10.65	32.32
Earnings From Cont. Operations, 3 Yr. CAGR %	12.42	-23.24	24.44	10.67	58.17
Net Income, 3 Yr. CAGR %	14.51	-31.2	25.7	8.14	80.07
Normalized Net Income, 3 Yr. CAGR %	12.21	-11.41	26.26	11.15	42.7
Diluted EPS Before Extra, 3 Yr. CAGR %	12.16	-22.99	25.01	10.61	57.49
Dividend Per Share, 3 Yr. CAGR %	-	10.16	21.21	-	14.61
Gross Loans, 3 Yr. CAGR %	10.62	12.29	16.05	17.47	17.69
Allowance For Loan Losses, 3 Yr. CAGR %	-1.49	6.02	3.64	15.01	14.63
Net Loans, 3 Yr. CAGR %	11.44	12.69	16.82	17.6	17.86
Non Performing Loans, 3 Yr. CAGR %	1.14	-4.37	-7.33	12.26	26.52
Non Performing Assets, 3 Yr. CAGR %	1.14	-4.37	-7.33	12.26	26.52
Total Assets, 3 Yr. CAGR %	9.68	11.8	13.25	13.92	18.02
Total Deposits, 3 Yr CAGR %	9.64	10.25	10.65	18.69	19.16
Tangible Book Value, 3 Yr. CAGR %	12.3	10.28	10.74	5.62	9.7
Common Equity, 3 Yr. CAGR %	13.55	9.11	9.28	8.36	13.07
Total Equity, 3 Yr. CAGR %	13.55	9.03	9.27	8.32	13.05
Compound Annual Growth Rate Over Five Years
Net Interest Income, 5 Yr. CAGR %	5.89	6.94	12.67	15.88	17.57
Non Interest Income, 5 Yr. CAGR %	13.78	-16.67	8.34	0.83	4.79
Provision For Loan Losses, 5 Yr. CAGR %	-16.16	11.28	19.45	36.75	10.72
Total Revenues, 5 Yr. CAGR %	11.15	1.16	11.29	10.78	15.7
Earnings From Cont. Operations, 5 Yr. CAGR %	16.86	-10.38	12.66	11.55	16.86
Net Income, 5 Yr. CAGR %	18.27	-18.18	12.66	13.36	17.54
Normalized Net Income, 5 Yr. CAGR %	16.4	-3.01	13.92	12.53	18.54
Diluted EPS Before Extra, 5 Yr. CAGR %	16.54	-10.41	12.59	11.46	17.08
Dividend Per Share, 5 Yr. CAGR %	-	15.81	15.79	13.23	15.02
Gross Loans, 5 Yr. CAGR %	8.8	9.19	13.14	16.09	14.96
Allowance For Loan Losses, 5 Yr. CAGR %	2.03	3.38	3.87	9.14	8.89
Net Loans, 5 Yr. CAGR %	9.34	9.59	13.73	16.51	15.34
Non Performing Loans, 5 Yr. CAGR %	-0.23	-0.38	1.52	4.32	9.14
Non Performing Assets, 5 Yr. CAGR %	-0.23	-0.38	1.52	4.32	9.14
Total Assets, 5 Yr. CAGR %	10.17	9.08	10.89	15.23	13.82
Total Deposits, 5 Yr CAGR %	7.96	7.83	10.59	16.1	13.94
Tangible Book Value, 5 Yr. CAGR %	14.46	11.69	11.77	8.91	9.48
Common Equity, 5 Yr. CAGR %	14.89	11.12	11.32	9.89	10.6
Total Equity, 5 Yr. CAGR %	14.88	11.1	11.3	9.84	10.59