Sberbank increased its net profit in the first quarter to 364 billion rubles
[ad_1]
Sberbank net profit (MOEX: SBER) for January-March 2024 according to RAS increased by 3.9%, to 364 billion rubles. Net interest income at the end of the first quarter increased by 19.7% in annual terms, to 618.8 billion rubles, the bank reports (.pdf).
Expenses for provisions and revaluation of loans in the first quarter increased by 63.7%, to RUB 206 billion. In March they amounted to 56.4 billion rubles.
Basic and fixed capital adequacy ratios increased by 1 percentage point each in March, to 11.9% and 12.2%, respectively. Total capital adequacy was 13.3%.
Sberbank’s retail loan portfolio grew by 1% in March, and its corporate loan portfolio by 1.3%. Over the past month, the bank issued 523 billion rubles to private clients. loans, more than half of which were in consumer lending.
About the situation in the mortgage market – in the material “Kommersant” “Preferential mortgage will reconsider the parameters”.
[ad_2]
Source link
