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Erste Group Bank AG

ERST.VI

Latest Trade

38.76EUR

Change

0.72(+1.89%)

Volume

800,382

Today's Range

38.23

 - 

39.24

52 Week Range

22.80

 - 

42.80

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

Pricing

Previous Close
38.04
Open
38.48
Volume
800,382
3M AVG Volume
16.13
Today's High
39.24
Today's Low
38.23
52 Week High
42.80
52 Week Low
22.80
Shares Out (MIL)
405.44
Market Cap (MIL)
16,349.59
Forward P/E
9.97
Dividend (Yield %)
4.21

Next Event

Oesterreichische Post AG at Erste Group Bank AG Virtual US Roadshow

Latest Developments

More

Caixabank Launches Placement Of 5.42% Stake In Erste Group Bank

Erste Group Bank 9-Month Operating Income Up At EUR 5,74 Mln

Caixabank Says Considering Potential Divestment Of All Or Part Of Its 5.42% Unhedged Stake In Erste Group Bank

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About Erste Group Bank AG

Erste Group Bank AG is an Austria-based 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

Chairman of the Supervisory Board

Bernhard Spalt

Chairman of the Management Board, Chief Executive Officer

Jan Homan

First Vice Chairman of the Supervisory Board

Maximilian Hardegg

Independent Second Vice Chairman of the Supervisory Board

Stefan Dorefler

Chief Financial Officer, Member of the Management Board

Key Stats

2.05 mean rating - 20 analysts
Sell
Hold
Buy
Revenue (MM, EUR)

2018

6.9K

2019

7.3K

2020

7.1K

2021(E)

7.4K
EPS (EUR)

2018

4.204

2019

3.450

2020

1.570

2021(E)

3.814
Price To Earnings (TTM)
11.09
Price To Sales (TTM)
1.94
Price To Book (MRQ)
0.83
Price To Cash Flow (TTM)
6.33
Total Debt To Equity (MRQ)
211.72
LT Debt To Equity (MRQ)
184.25
Return on Investment (TTM)
--
Return on Equity (TTM)
0.71

Latest News

Latest News

Caixabank sells 9.92% stake in Erste Group for 1.5 billion euros

Spain's Caixabank said on Thursday it has sold its entire 9.92% stake in Austrian lender Erste Group Bank for 1.503 billion euros ($1.74 billion).

Austria's Erste Group reports Q3 growth as core market recovers

Austria's largest bank, Erste Group, reported a 55% jump in third-quarter net profit on Tuesday as it begins to shake off the effects of the pandemic.

Caixabank considers selling 9.92% stake in Erste Group valued at $1.92 billion

Spain's Caixabank said on Thursday it was considering selling its entire 9.92% stake in the Austrian lender Erste Group Bank.

Commerzbank appoints board members in latest management reshuffle

Commerzbank AG appointed two new board members on Wednesday in the latest management reshuffle at the German lender as it cuts 10,000 jobs.

Commerzbank to appoint new board members from Erste and Roland Berger - Handelsblatt

Commerzbank is planning to appoint Erste Group's Thomas Schaufler and Roland Berger's Joerg Oliveri del Castillo-Schulz to the management board of the German lender, Handelsblatt reported on Wednesday.

UPDATE 2-Erste Group resumes M&A hunt as markets recover

* Confirms 2021 outlook (Adds details, CEO comments from call)

Erste Group reports Q1 beat thanks to recovery in main markets

Austrian bank Erste Group reported better-than-expected first-quarter profit as recovery in central and eastern Europe economies allowed it to reduce risk provisions.

UPDATE 1-Erste Group profit nearly halves on provisions

Austria's Erste Group Bank reported on Friday a 47% drop in annual net profit due to risk provisions in all of its core markets, and proposed a dividend of 0.50 euros per share for 2020, slightly less than expected.

Erste profit falls less than expected as Austria prepares latest lockdown

Austrian bank Erste Group's <ERST.VI> net profit fell by less than expected in the third quarter as much of its business returned to normal between waves of COVID-19 infections.

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.

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

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