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Erste Group Bank AG

ERST.VI

Latest Trade

18.34EUR

Change

0.60(+3.38%)

Volume

1,089,743

Today's Range

17.68

 - 

18.34

52 Week Range

15.22

 - 

35.80

As of on the Vienna Stock Exchange - Cash Market ∙ Minimum 15 minute delay

Pricing

Previous Close
17.74
Open
17.78
Volume
1,089,743
3M AVG Volume
17.40
Today's High
18.34
Today's Low
17.68
52 Week High
35.80
52 Week Low
15.22
Shares Out (MIL)
405.74
Market Cap (MIL)
7,882.53
Forward P/E
--
Dividend (Yield %)
4.09

Next Event

Q3 2020 Erste Group Bank AG Earnings Release

Latest Developments

More

Erste Group Bank Proposes Conditional 2019 Dividend Of EUR 0.75 Per Share

Erste Group Bank Says Peter Bosek To Leave CO

Erste Group sees 2020 risk costs of up to 1.3 bln eur

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About Erste Group Bank AG

Erste Group Bank AG is a savings bank. The Company offers a range of banking and other financial services, such as savings accounts, asset management (including investment funds), consumer credit and mortgage lending, investment banking, securities and derivatives trading, portfolio management, project finance, foreign trade financing, corporate finance, capital market and money market services, foreign exchange trading, leasing and factoring. The Company operates through nine segments: Retail, SME, Asset/Liability Management & Local Corporate Center (ALM & Local CC), Savings Banks, Large Corporates, Commercial Real Estate, Other Corporate, Group Markets and Group Corporate Center (GCC). The Company operates approximately 2,800 branches. The Company offers services in Austria, Central and Eastern Europe (CEE), Czech Republic, Slovakia, Romania, Hungary, Croatia and Serbia. The Company offers personal, corporates and private banking services.

Industry

Regional Banks

Contact Info

Am Belvedere 1

1100

Austria

+43.50.10010100

https://www.erstegroup.com/

Executive Leadership

Friedrich Roedler

Independent Chairman of the Supervisory Board

Bernhard Spalt

Chairman of the Management Board, Chief Executive Officer

Maximilian Hardegg

Independent Second Vice Chairman of the Supervisory Board

Jan Homan

Independent First Vice Chairman of the Supervisory Board

Stefan Dorfler

Chief Financial Officer, Member of the Management Board

Key Stats

1.90 mean rating - 21 analysts
Sell
Hold
Buy
Revenue (MM, EUR)

2017

6.7K

2018

6.9K

2019

7.3K

2020(E)

6.9K
EPS (EUR)

2017

2.940

2018

4.204

2019

3.450

2020(E)

1.496
Price To Earnings (TTM)
8.44
Price To Sales (TTM)
0.94
Price To Book (MRQ)
0.46
Price To Cash Flow (TTM)
4.61
Total Debt To Equity (MRQ)
220.21
LT Debt To Equity (MRQ)
184.00
Return on Investment (TTM)
--
Return on Equity (TTM)
0.52

Latest News

Latest News

Austria's Erste Group plans February dividend but won't defy ECB

Austria's Erste Group Bank plans to pay a dividend for 2019 in February of next year provided the European Central Bank (ECB) has lifted its recommendation against such payouts by then, Erste said on Thursday.

UPDATE 1-Erste Group Q2 profit down 84% as pandemic takes toll

* Q2 fully loaded CET 1 ratio at 14.2% (Adds detail, background)

Erste Group Q2 profit down 84% as pandemic takes toll

Austrian lender Erste Group on Friday reported an 84% drop in second-quarter profit as it felt the effects of the coronavirus restrictions on its business and confirmed that it expects profit to be down significantly in the full year too.

Erste Group warns of significant drop in 2020 net profit

Austrian lender Erste Group <ERST.VI> said it expects a significant drop in its 2020 net profit after posting a 38% fall for the first quarter as it felt the effects of the coronavirus restrictions on its business.

Erste Group warns of significant drop in 2020 net profit

Austrian lender Erste Group said it expects a significant drop in its 2020 net profit after posting a 38% fall for the first quarter as it felt the effects of the coronavirus restrictions on its business.

BRIEF-Erste Group Bank Q1 Operating Result Down At EUR 551.7 Mln

* Q1 NET INTEREST INCOME INCREASED TO EUR 1,229.0 MILLION (+5.9%; EUR 1,160.9 MILLION)

BRIEF-Erste Group says MREL requirement for Austria equals 27.5% of RWA

* ERSTE GROUP SAYS THE AUSTRIAN FINANCIAL MARKET AUTHORITY TODAY NOTIFIED ERSTE GROUP BANK AG ABOUT ITS MREL REQUIREMENT SET BY THE SINGLE RESOLUTION BOARD

Austrian bank Erste withdraws 2020 guidance due to coronavirus

Austrian lender Erste Group on Wednesday said it would suspend its financial guidance for this year on lack of visibility because of the coronavirus outbreak.

Erste Group still interested in expanding in Poland

Erste Group does not plan to expand into big new markets apart from Poland but is interested to expand in its current markets, its chief executive said on Friday.

UPDATE 1-Erste Group raises dividend, forecasts higher 2020 operating result

* 2020 operating result to increase (Adds detail, background)

Erste Group proposes 7% dividend increase

Austrian lender Erste Group on Friday said it would propose a dividend increase to 1.50 euros per share for 2019 after reporting a flat operating result for its fourth quarter.

Austria's Erste Group targets cost-income ratio of 55%

Austrian lender Erste Group aims to cut its cost-income ratio by around 5 percentage points under new medium-term guidance that also includes boosting net fee income to 2.4 billion euros ($2.66 billion).

Erste Group signals interest in Commerzbank's Polish mBank

Erste Group <ERST.VI> could be interested in buying Commerzbank's <CBKG.DE> Polish unit mBank <MBK.WA>, but only without its Swiss franc portfolio, Erste's deputy chief executive said on Wednesday.

UPDATE 1-Erste Group Q3 profit beats on strong lending in eastern Europe

Austrian bank Erste Group beat expectations with an 8% rise in third-quarter net profit thanks to rising lending in its eastern European markets and confirmed its full-year forecasts on Wednesday.

Erste Group posts Q3 profit beat on solid demand in eastern Europe

Austrian lender Erste Group on Wednesday reported a 8% rise in its third-quarter net profit, beating expectations, thanks to growing income in its eastern European core markets.

UPDATE 1-Erste Group sets aside up to 230 mln eur for lost legal case in Romania

Austrian lender Erste Group said on Tuesday it would set aside up to 230 million euros ($262 million) for a lost legal case in Romania.

Erste Group sets aside up to 230 mln eur for lost legal case in Romania

Austrian lender Erste Group said it would set aside up to 230 million euros ($262.18 million) as a result of a Romanian High Court decision in relation to business activities of its local building society BCR.

UPDATE 1-Erste's profits supported by eastern Europe markets

Austrian bank Erste Group on Friday reported a 12 percent increase in first-quarter net profit, topping expectations thanks to solid lending in its core markets, including the Czech Republic and Austria.

Erste Group first-quarter profit up 12 pct, tops expectations

Austrian lender Erste Group on Friday reported a 12 percent increase in first-quarter net profit, topping expectations thanks to solid lending in its core markets including the Czech Republic and Austria.

UPDATE 1-Erste Group sees 2019 profit growth, helped by demand for loans

Austrian bank Erste Group expects its operating profit to rise this year, helped by growing demand for loans in its Eastern European markets and low taxes.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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