Sberbank’s net profit for 2022 decreased by 75%

Sberbank presented financial statements for 2022 under RAS. In December, the bank received 125.5 billion rubles. net profit. This is 40.1% more than the result for December 2021. Net profit in 2022 amounted to 300.2 billion against 1.237 trillion rubles. in 2021. This is 75.7% less than last year.

According to report credit institution, the growth of net interest income accelerated in December to 19.5% (176.5 billion rubles), and in 2022 it exceeded the level of the previous year by 5.2% against the backdrop of an increase in the volume of operating assets and the normalization of attraction rates.

Net fee and commission income increased by 16.7% in December 2022 to RUB 67.5 billion and amounted to RUB 614.8 billion. This is higher than last year’s figures by 6.2%.

Operating expenses decreased in December by 12% yoy and amounted to RUB 80.6 billion.

The retail loan portfolio grew by 1.7% in December to RUB 12 trillion, and by 12.9% since the beginning of the year. In December, the bank issued a record amount of loans to private clients – 625 billion rubles. Issuance of mortgages in December was also a record for the entire history of the bank and amounted to 382 billion rubles. At the end of 2022, the mortgage loan portfolio reached RUB 7.7 trillion. The growth was more than 20% per year.

Sberbank also issued the maximum amount of consumer loans since the beginning of the year – 243 billion rubles. Funds of individuals grew by 8.2% in December and for 12 months of 2022, exceeding RUB 18.3 trillion. The share of foreign currency deposits almost halved in 2022.

The number of retail clients of the credit institution reached 106.7 million people, and the number of legal entities exceeds 3 million companies.

In November, for the first time since the outbreak of hostilities in Ukraine, Sberbank presented an interim report for January-October, according to which it earned more than 50 billion rubles. Thus, out of 300 billion 250 billion rubles. occurred in the last two months. Sberbank became the first Russian bank to submit financial statements for 2022.

Read more about the work of the bank – in the material “Kommersant” “Sberbank showed a profit”.

Daria Erozbek