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Erste Group Bank AG

ERST.VI

Latest Trade

32.53EUR

Change

0.11(+0.34%)

Volume

357,717

Today's Range

32.18

 - 

32.72

52 Week Range

27.52

 - 

37.20

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

Pricing

Previous Close
32.42
Open
32.18
Volume
357,717
3M AVG Volume
15.58
Today's High
32.72
Today's Low
32.18
52 Week High
37.20
52 Week Low
27.52
Shares Out (MIL)
408.22
Market Cap (MIL)
13,934.12
Forward P/E
8.81
Dividend (Yield %)
--

Next Event

Full Year 2019 Erste Group Bank AG Earnings Release

Latest Developments

More

Erste Group Bank Publishes Results of Tender Offer

Erste Group Expects MBank Information Memorandum Next Week - CFO

Erste Group Aims To Reduce Cost/Income Ratio To About 55% By 2024

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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

+43.50.10010100

https://www.erstegroup.com/

Executive Leadership

Friedrich Roedler

Chairman of the Supervisory Board, Independent Director

Andreas Treichl

Chairman of the Management Board, Chief Executive Officer

Bernhard Spalt

Deputy Chief Executive Officer, Member of the Management Board

Maximilian Hardegg

Second Vice Chairman of the Supervisory Board

Jan Homan

Independent First Vice Chairman of the Supervisory Board

Key Stats

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

2016

6.7K

2017

6.7K

2018

6.9K

2019(E)

7.0K
EPS (EUR)

2016

2.930

2017

2.940

2018

4.204

2019(E)

3.656
Price To Earnings (TTM)
8.08
Price To Sales (TTM)
1.72
Price To Book (MRQ)
0.86
Price To Cash Flow (TTM)
5.44
Total Debt To Equity (MRQ)
235.32
LT Debt To Equity (MRQ)
198.16
Return on Investment (TTM)
--
Return on Equity (TTM)
0.90

Latest News

Latest News

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.

Erste Group's second-quarter profit down 19% due to provisions for lost legal case

Austrian lender Erste Group <ERST.VI> on Wednesday reported a 19% drop in second-quarter net profit, mainly due to provisions for a lost legal case in Romania.

Erste Group sets aside up to 230 million euros for lost legal case in Romania

Austrian lender Erste Group said on Tuesday it would set aside up to 230 million euros (£205 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.

Erste Group sees 2019 operating profit increase

Austrian bank Erste Group said on Thursday it expects its operating profit to rise this year thanks to solid macro-economic improvements in its core markets including the Czech Republic, Hungary, and Austria.

CORRECTED-(OFFICIAL)-Serbia's Erste bank raises 3.5 billion dinars via 2-yr bond sale

Erste Group's division in Serbia has raised 3.5 billion dinars ($33.68 million) via the sale of 350,000 two-year bonds, the bank said on Monday.

Romanian banking tax wouldn't stop us turning a profit there, Erste says

Romania's planned tax on banking assets would not prevent Austrian lender Erste Group from turning a profit there, the bank's Chief Executive Andreas Treichl said on Monday.

Austrian bank Erste Group's 2018 profit jumps by a third

Austrian bank Erste Group said on Friday the release of risk provisions and a low tax rate helped it increase full-year net profit by a third, lifting its shares as much as 3.6 percent.

Erste Group increases full-year profit by a third

Austrian bank Erste Group on Friday said it increased its full-year net profit by a third to 1.8 billion euros ($2.05 billion), lifting its shares.

UPDATE 1-Austria's Erste Group ups 2018 profitability target

* Q3 net interest income at 1.16 bln euros vs 1.14 bln in poll

Erste Group Q3 net profit tops expectations

Austrian lender Erste Group reported a higher-than-expected 25 percent rise in third-quarter net profit, driven by a strong performance in Eastern Europe.

UPDATE 1-Austria's Erste picks internal CEO to follow Treichl in 2020

Austria's Erste Group has picked an internal candidate, Bernhard Spalt, to succeed Andreas Treichl, Europe's longest-serving bank chief executive, in 2020.

Erste Group turns in-house for successor to CEO Treichl

Austrian lender Erste Group has turned in-house for its choice of successor to its long-standing Chief Executive Andreas Treichl, picking a board member of its unit in charge of the Austrian market.

Erste Bank aims to buy out small shareholders in Czech unit

Erste Group Bank wants to buy out minority shareholders in its Czech lender Ceska Sporitelna to take full control of the profitable unit.

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

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