EQS-News: Raiffeisen Bank International AG / Key word(s): Preliminary
Results/Annual Results
RBI Board to propose dividend of EUR 1.25 per share to the AGM on 4 April
31.01.2024 / 07:30 CET/CEST
The issuer is solely responsible for the content of this announcement.
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Preliminary Results 2023
RBI Board to propose dividend of EUR 1.25 per share to the AGM on 4 April
• Consolidated profit of EUR 997 million, excluding Russia and Belarus
and including EUR 873 million provisionsfor CHF mortgages in Poland
• Core revenues excluding Russia and Belarus up 17% year-over-year to
EUR 6,006 million, driven by net interest income
• Lower provisioning for impairment losses year-over-year: EUR 296
million for the Group excluding Russia and Belarus
• CET1 ratio excluding Russia improves to 14.6% (Group CET1 ratio at
17.3%)
• Customer loans in Russia down EUR 3 billion in 2023 as part of
de-risking approach to Russia
• RBI Board to propose dividend of EUR 1.25 per share to the AGM on 4
April 2024
Group consolidated figures in tables below (including Russia and Belarus):
Income Statement in EUR million 1-12/2023 1-12/2022 Q4/2023 Q3/2023
Net interest income 5,683 5,053 1,494 1,441
Net fee and commission income 3,042 3,878 677 667
Net trading income and fair value
result 186 663 (19) 89
General administrative expenses (3,908) (3,552) (1,034) (878)
Operating result 5,158 6,158 1,128 1,369
Other result (906) (667) (317) (138)
Governmental measures and compulsory
contributions (284) (337) (24) (22)
Impairment losses on financial assets (393) (949) (142) 8
Profit/loss before tax 3,576 4,203 645 1,216
Profit/loss after tax from continuing
operations 2,578 3,344 304 947
Profit/loss from discontinued
operations 0 453 0 0
Consolidated profit 2,386 3,627 272 879
Balance Sheet in EUR million 31/12/2023 31/12/2022
Loans to customers 99,434 103,230
Deposits from customers 119,353 125,099
Total assets 198,241 207,057
Total risk-weighted assets (RWA) 93,664 97,680
Bank-specific information 31/12/2023 31/12/2022
NPE Ratio 1.9% 1.6%
NPE Coverage Ratio 51.7% 59.0%
CET1 ratio 17.3% 16.0%
Total capital ratio 21.5% 20.2%
Key ratios 1-12/2023 1-12/2022 Q4/2023 Q3/2023
Net interest margin (Ø
interest-bearing assets) 2.87% 2.59% 3.06% 2.95%
Cost/Income Ratio 43.1% 36.6% 47.8% 39.1%
Provisioning ratio (Ø loans to
customers) 0.34% 0.73% 0.61% 0.00%
Consolidated return on equity 14.8% 26.8% 6.6% 22.7%
Earnings per share in EUR 6.93 10.76 0.75 2.59
The data contained in this release is based on unaudited figures. The
Annual Financial Report 2023 will be published on 22 February 2024.
Outlook
Outlook 2024 RBI excl. RU/BY RBI
Net interest income in EUR around 4.0 bn around 5.1 bn
Net fee and commission income in EUR around 1.8 bn around 2.7 bn
Loans to customers (growth) around 6% around 5%
General administrative expenses in EUR around 3.3 bn around 4.0 bn
Cost/income ratio around 52% around 47%
Impairment losses on financial assets
(before use of overlays) around 50 bps around 60 bps
Consolidated return on equity around 11% around 12%
CET1 ratio at year-end 2024 around 14.6%* around 17.8%
*’P/B Zero’ Russia deconsolidation
scenario, before benefit from STRABAG
dividend-in-kind
For further information please contact:
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
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31.01.2024 CET/CEST This Corporate News was distributed by EQS Group AG.
www.eqs.com
══════════════════════════════════════ ═════════ Raiffeisen Bank International AG Am Stadtpark 9 A-1030 Vienna Austria Phone: +43-1-71707- 2089 Fax: +43-1-71707-2138 Email: ir@rbinternational.com
Internet: www.rbinternational.com
ISIN: AT0000606306
WKN: A0D9SU
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt,
Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange;
Luxembourg Stock Exchange, SIX, Vienna Stock Exchange
(Official Market)
EQS News ID: 1826521
End of News EQS News Service
1826521 31.01.2024 CET/CEST