Erste Group Bank AG (EBKDY) Stock

About Erste Group Bank AG

Erste Group Bank AG, a venerable financial institution established in 1819 and headquartered in Vienna, Austria, delivers a broad spectrum of banking and financial solutions. The company serves a diverse clientele that includes individual consumers, corporate businesses, real estate developers, and public sector entities. Its primary operational footprint spans Austria and Central and Eastern Europe, complemented by additional international activities. The bank's offerings encompass a comprehensive range of retail banking services, such as home and personal loans, various investment opportunities, checking and savings accounts, and credit facilities. Beyond core banking, it also facilitates cross-selling products like leasing, insurance, and building society services. For its corporate and institutional clients, Erste Group provides specialized financial instruments. These include various financing structures for investments, acquisitions, leveraged transactions, project development, and commercial real estate, alongside working capital and bridge loans. The company supports businesses with liquidity management through services like factoring and accounts receivable purchasing, cash management, and a suite of trade finance products such as letters of credit, documentary collections, and guarantees. Risk mitigation tools, including interest rate and currency hedging, are also available. Furthermore, Erste Group is active in capital markets, offering loan syndication, debt and equity capital market services, custody, brokerage, and market-making functions. Additional specialized services comprise corporate finance advisory, portfolio management, digital banking solutions, payment processing, and cash logistics. Internally, the company structures its operations through segments like Retail, Corporates, Group Markets, Asset/Liability Management & Local Corporate Center, Savings Banks, and a Group Corporate Center. As of December 31, 2021, its extensive branch network consisted of 2,091 locations, solidifying its significant market presence.

Erste Group Bank AG is headquartered in AT.

Erste Group Bank AG (EBKDY) stock trades at $64.48 with a market capitalization of $100.71B. The stock is valued at a price-to-earnings (P/E) ratio of 12.33, price-to-book of 1.97, price-to-sales of 2.27. Over the past 52 weeks the stock has ranged between $43.69 and $68.28, and currently trades 5.6% below its 52-week high. It pays a dividend yielding 0.68%.

On profitability, Erste Group Bank AG generates a return on equity (ROE) of 15.72%, above the typical market range of roughly 12-15%, return on capital employed of 1.33%, an operating margin of 29.81%, a net profit margin of 18.90%.

In its most recent fiscal year, Erste Group Bank AG reported annual revenue of $20.6B, net profit of $3.4B. Over the last 5 fiscal years, revenue grew at an average annual rate of 18.1%, and net profit grew at an average annual rate of 33.9%. Over that span net profit grew faster than revenue, so net margin widened.

The balance sheet shows a debt-to-equity ratio of 4.15 (debt more than twice shareholders' equity), a current ratio of 1.39, total assets of $368.4B, $27.6B in cash and equivalents. For banks and other lenders, borrowing and deposits are part of the business model, so debt-to-equity and the current ratio read differently than for other companies.

EBKDY has an average daily trading volume of 52,239 shares, a beta of 0.80 (historically less volatile than the overall market).

Official website: www.erstegroup.com