Company Overview

Erste Group Bank AG provides a range of banking and other financial services to retail, corporate, real estate, and public sector customers in Austria, Central and Eastern Europe, and internationally. The company operates through Retail, Corporates, Group Markets, Asset/Liability Management & Local Corporate Center, Savings Banks, and Group Corporate Center segments. It provides mortgage and consumer loans, investment products, current accounts, savings products, and credit cards, as well as cross selling products, such as leasing, insurance, and building society products. The company also offers factoring and accounts receivable purchasing; investment, acquisition and leveraged, project, and commercial real estate finance; interest rate and currency hedging, letters of credit, documentary collections, and guarantees; account management, payments, digital-banking, and cash logistics services; equity interests and investments, revolving export credits lines, customer financing, and export guarantee; and loan syndication, and debt and equity capital market services. In addition, it provides cash management, trade finance, customer referral, markets execution, and custody and brokerage services. Further, the company offers corporate finance; portfolio management; trading and market; trade execution, market making, and short-term liquidity management; and asset/liability management services, as well as working capital and bridge loans. As of December 31, 2021, it operated 2,091 branches. The company was founded in 1819 and is headquartered in Vienna, Austria.

  • Name

    Erste Group Bank AG

  • CEO

    Dr. Peter Bosek MP

  • Website

    www.erstegroup.com

  • Sector

    Banks

  • Year Founded

    1819

Profile

  • Market Cap

    €19.5B

  • EV

  • Shares Out

    407.43M

  • Revenue

    €10.5B

  • Employees

    45,398

Margins

  • Gross

  • EBITDA

  • Operating

  • Pre-Tax

    47.15%

  • Net

    29.89%

  • FCF

    26.18%

Returns (5Yr Avg)

  • ROA

    0.63%

  • ROTA

    8.49%

  • ROE

    8.05%

  • ROCE

  • ROIC

    0.93%

Valuation (TTM)

  • P/E

  • P/B

  • EV/Sales

  • EV/EBITDA

  • P/FCF

  • EV/Gross Profit

Valuation (NTM)

  • Price Target

    €55.65

  • P/E

  • PEG

  • EV/Sales

  • EV/EBITDA

  • P/FCF

Financial Health

  • Cash

  • Net Debt

    €45.06B

  • Debt/Equity

  • EBIT/Interest

Growth (CAGR)

  • Rev 3Yr

    15.72%

  • Rev 5Yr

    7.98%

  • Rev 10Yr

  • Dil EPS 3Yr

    33.93%

  • Dil EPS 5Yr

    12.83%

  • Dil EPS 10Yr

    11.11%

  • Rev Fwd 2Yr

    1.31%

  • EBITDA Fwd 2Yr

    -0.18%

  • EPS Fwd 2Yr

    -1.85%

  • EPS LT Growth Est

    18%

Dividends

  • Yield

  • Payout

    37.65%

  • DPS

    €2.7

  • DPS Growth 3Yr

    21.64%

  • DPS Growth 5Yr

    14.04%

  • DPS Growth 10Yr

    29.73%

  • DPS Growth Fwd 2Yr

    6.73%

WBAG:EBS