EANS-News: Raiffeisen Bank International AG / RBI: First Quarter Report 2021 Consolidated profit of EUR 216 million significantly improved despite ongoing headwinds CNE

Freitag, 07. Mai 2021 07:30
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Quarterly Report

Vienna - RBI: First Quarter Report 2021
Consolidated profit of EUR 216 million significantly improved despite ongoing
headwinds

* Net interest income stable quarter-on-quarter; net interest margin reflects
  excess liquidity
* Net fee and commission income almost fully recovered despite weaker exchange
  rates and prolonged lockdowns
* General administrative expenses down 5% year-on-year
* Provisioning ratio at 0.35% due to very low inflow of stage 3
* Consolidated profit improved 22% year-on-year to EUR 216 million, supported by
  lower risk costs
* Loans to customers up 1% year-to-date
* CET1 ratio stable at 13.6% (incl. first quarter result)

Income Statement in      Q1/2021        Q1/2020            Q4/2020
EUR million*
Net interest income        767            881                765
Net fee and                434            448                466
commission income
Net trading income          5              37                (2)
and fair value result
General
administrative            (692)          (732)              (777)
expenses
Operating result           567            689                470
Other result               (38)           (82)                5
Governmental measures
and compulsory            (130)          (167)               (28)
contributions
Impairment losses on       (79)          (153)              (133)
financial assets
Profit before tax          321            286                314
Profit after tax           243            207                230
Consolidated profit        216            177                205


Balance Sheet in EUR               31/03/2021                31/12/2020
million
Loans to customers                   91,861                    90,671
Deposits from customers              104,211                   102,112
Total assets                         176,152                   165,959
Total risk-weighted assets           81,362                    78,864
(RWA)


Key ratios                        31/03/2021               31/12/2020
NPE ratio                            1.8%                     1.9%
NPE coverage ratio                  61.2%                    61.5%
CET1 ratio (fully loaded,           13.6%                    13.6%
incl. result)
Total capital ratio (fully          18.1%                    18.4%
loaded, incl. result)


Key ratios                Q1/2021        Q1/2020             Q4/2020
Net interest margin
(average interest-         1.94%          2.43%               1.97%
bearing assets)
Cost/income ratio*         55.0%          51.5%               62.3%
Provisioning ratio
(average loans to          0.35%          0.66%               0.58%
customers)
Consolidated return on      6.5%           5.6%               6.6%
equity
Earnings per share in       0.59           0.49               0.55
EUR


* From 1 January 2021, non-income related taxes are included in general
administrative expenses (previously in other net operating income) and deposit
insurance fees are included in governmental measures and compulsory
contributions (previously in general administrative expenses). Previous year's
figures also reflect the change.

Outlook

The Outlook remains unchanged.

Further inquiry note:

John P. Carlson, CFA
Group Investor Relations
Raiffeisen Bank International AG
Am Stadtpark 9
1030 Vienna, Austria
ir@rbinternational.com
phone +43 1 71 707 2089
www.rbinternational.com

end of announcement                         euro adhoc
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issuer:       Raiffeisen Bank International AG
              Am Stadtpark  9
              A-1030 Wien
phone:        +43 1 71707-2089
FAX:          +43 1 71707-2138
mail:         ir@rbinternational.com
WWW:          www.rbinternational.com 
ISIN:         AT0000606306
indexes:      ATX
stockmarkets: Wien, Luxembourg Stock Exchange
language:     English

EAX0001    2021-05-07/07:30

Kapcsolódó linkek: Raiffeisen Bank International AG
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