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EQS-News: Raiffeisen Bank International AG
/ Key word(s): Quarter Results
RBI: First Quarter Report 2025 - Main revenues stable, reduction of Russian business continued
06.05.2025 / 07:30 CET/CEST
The issuer is solely responsible for the content of this announcement.
RBI: First Quarter Report 2025Main revenues stable, reduction of Russian business continued
- Q1/2025 consolidated profit of EUR 260 million for the core Group (excluding Russia)
- Net interest income for the core Group stable q-o-q at EUR 1,046 million despite lower market interest rates, net fee and commission income down slightly
- Provisioning ratio for the core Group at 20 bps, including additional overlays of EUR 71 million
- CET1 ratio excluding Russia at 15.9% (Group CET1 ratio at 18.8%)
- Further business reduction in Russia, customer loans down 4% q-o-q and deposits from customers down 9% q-o-q in local currency
- S&P rating was upgraded from A- negative to A- stable, reflecting significant business reduction in Russia, the successful exit from Belarus and RBI’s robust compliance organization
- Outlook for 2025 unchanged
Rasperia case:
- No additional P&L impact on RBI from appeals court verdict in the Rasperia case on 25 April 2025
- Judgement has been partially enforced against AO Raiffeisenbank with the RUB-equivalent of approximately EUR 1.87 billion withdrawn by the Russian Central Bank and transferred to Rasperia
- AO Raiffeisenbank has filed a further appeal in Russia and RBI Group is finalizing legal action in Austria
The following tables refer to RBI excluding Russia and Belarus:
| Income Statement in EUR million |
Q1/2025 |
Q1/2024 |
Q4/2024 |
| Net interest income |
1,046 |
1,060 |
1,042 |
| Net fee and commission income |
466 |
431 |
497 |
| Net trading income and fair value result |
(27) |
(9) |
41 |
| General administrative expenses |
(850) |
(784) |
(906) |
| Operating result |
678 |
762 |
662 |
| Other result |
(66) |
(139) |
(196) |
| Governmental measures and compulsory contributions |
(116) |
(130) |
(21) |
| Impairment losses on financial assets |
(46) |
(3) |
(130) |
| Profit/loss before tax |
450 |
489 |
315 |
| Profit/loss after tax |
318 |
356 |
155 |
| Consolidated profit/loss |
260 |
303 |
128 |
| Financial statement in EUR million |
31/3/2025 |
31/12/2024 |
| Loans to customers |
96,053 |
95,363 |
| Deposits from customers |
109,314 |
108,205 |
| Total assets |
187,535 |
184,961 |
| Total risk-weighted assets (RWA) |
74,430 |
78,325 |
| Bank-specific information |
31/3/2025 |
31/12/2024 |
| NPE Ratio |
1.9% |
2.1% |
| NPE Coverage Ratio |
46.3% |
50.4% |
| CET1 ratio transitional (incl. profit) |
15.9% |
15.1% |
| Total capital ratio transitional (incl. profit) |
21.0% |
20.4% |
| Key ratios |
Q1/2025 |
Q1/2024 |
Q4/2024 |
| Net interest margin (average interest-bearing assets) |
2.31% |
2.39% |
2.32% |
| Cost/income ratio |
55.0% |
50.2% |
57.2% |
| Provisioning ratio (average loans to customers) |
0.20% |
0.05% |
0.42% |
| Consolidated return on equity |
7.3% |
9.1% |
3.1% |
| Earnings per share in € |
0.71 |
0.84 |
0.31 |
The consolidated result for the entire RBI Group can be found in the interim report for the first quarter of 2025 on RBI’s website. For further information please contact:
John P. Carlson, CFA
Head of Group Investor Relations
Raiffeisen Bank International AG
Am Stadtpark 9
1030 Vienna, Austria
ir@rbinternational.com
phone +43-1-71 707-2089
www.rbinternational.com
06.05.2025 CET/CEST This Corporate News was distributed by EQS Group. www.eqs.com
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