Erste Group Bank AG

EBS

Erste Group Bank AG provides a range of banking and other financial services to retail, corporate, and public sector customers.The company operates through Retail, Corporates, Group Markets, Asset/Lia...

Website | Banks | Financial Services

Automated Financial Analysis

🤵

Financial Advisor Insight

"Current valuation levels are elevated, suggesting the price may be ahead of fundamentals. Technicals confirm a positive long-term trend, supported by moving averages. Growth forecasts are robust, which could drive future appreciation. Selling pressure in the order book suggests short-term distribution."

Sentiment: Bearish Action: Hold

"Company demonstrates strong financial health with positive growth and stability indicators."

Strong Revenue Growth (16.5% CAGR).
High Profitability (Net Margin: 27.7%).
High Leverage (Debt/Equity: 2.12).
Overvalued based on PE (Current: 74.7 vs Fair: 15).
Bullish Trend (SMA50 > SMA200).
Overbought (RSI: 84.7).
Price above upper Bollinger Band (potential reversal).
Stochastic indicates overbought conditions.
Forecast: Continued Revenue Growth (~13.9% next year).

Technical Analysis

Trend Bullish (Long Term)
Last Cross
Golden Cross (3 years ago)
RSI (14) 84.7
SMA 50 514.10
SMA 200 429.33

Price Valuation

Current Price 561.00
Fair Value (PE 15) 112.72
Overvalued 80%
Graham Number 100.39
Downside 82%

Forecast

Rev Forecast (Next Yr) 12,290M
Growth Forecast 13.9%

📊 Market & Peer Context

Benchmark: BET
Volatility (Beta)
0.05
Less Volatile than Market
Correlation
0.03
Moves with Market
Relative Strength (1Y)
21.16%
vs Benchmark
Index Returns (1Y)
69.4%
BET

Historical Performance

Metric 5Y 3Y 1Y YTD 6M 3M 1M 1W
EBS 287.2% 261.9% 79.0% 8.9% 33.5% 4.8% 0.0% 0.0%
BET - 132.5% 69.4% 18.5% 33.0% 6.9% 2.4% 1.8%
Alpha (Diff) - +129.4% +9.6% -9.6% +0.5% -2.2% -2.4% -1.8%

Financial Reports

Price Chart

Sector: Financial Services

Based on Market Cap

ETAPA 1 • MUST HAVE

4/8
Healthy Leverage (Debt/Equity)
2.12
Target: < 1.5
Gross Margin vs Industry
72.7% vs 0.0%
Target: > 0.0%
Operating Cash Flow vs Profit
0%
Target: > 1.0
Free Cash Flow vs Profit
-558%
Target: > 0.8
ROIC (Return on Capital)
3.25%
Target: Positive
ROIC vs WACC
ROIC: 3.3% / WACC: 7.6%
Target: > WACC
ROE (Return on Equity)
13.3%
Target: > 10%
EBITDA Positive
4,997.00M
Target: > 0

ETAPA 2 • CRITERII

4/9
Interest Coverage
Target: > 3x • 0.0x
Miss
Net Margin vs Industry
Target: > 0.0% • 29.0%
Passed
ROA vs Industry
Target: > 1.1% • 1.1%
Passed
Current Ratio
Target: > 1.5 • N/A
N/A
Assets Growth (5y)
Target: > 0% • 6.3% CAGR
Passed
FCF CAGR (5y)
Target: > 5% • 0.0%
Miss
EV/EBITDA vs Industry
Target: < Industry • 0.0 vs 0.0
Miss
Net Debt / EBITDA
Target: < 3 • 13.06
Miss
Revenue CAGR (5y)
Target: > 5% • 16.5%
Passed

SNAPSHOT COMPANIE

Capitalizare
233.29B RON
EBITDA
4,997.00M
P/E Ratio
74.65
PEG Ratio
4.53
Dividend Yield
5.29%
Beta
0.05
Valoare Intrinsecă (Graham)
100.39 RON
Discount
-82.1%

Balance Sheet

Annual Data
Metric TTM 2024 2023 2022 2021
Fiscal Year 2,025 2,024 2,023 2,022 2,021
Fiscal Quarter Q3 Q4 Q4 Q4 Q4
Cash & Equivalents 4,553,000,000 20,456,000,000 31,509,000,000 31,695,000,000 39,140,000,000
Other Receivables 2,816,000,000 2,722,000,000 2,651,000,000 2,513,000,000 2,287,600,000
Restricted Cash 20,792,000,000 4,673,000,000 5,176,000,000 3,990,000,000 6,355,400,000
Property, Plant & Equipment 2,802,000,000 2,875,000,000 2,696,000,000 2,709,000,000 2,738,200,000
Goodwill - 608,000,000 544,000,000 556,000,000 550,300,000
Assets 362,851,000,000 353,736,000,000 337,155,000,000 323,865,000,000 307,428,200,000
Current Portion of Leases - 46,000,000 50,000,000 58,000,000 61,000,000
Current Income Taxes Payable 300,000,000 241,000,000 265,000,000 127,000,000 143,600,000
Long-Term Leases 701,000,000 645,000,000 620,000,000 604,000,000 527,100,000
Long-Term Unearned Revenue 130,000,000 124,000,000 114,000,000 116,000,000 106,000,000
Common Stock 821,000,000 821,000,000 843,000,000 860,000,000 859,600,000
Additional Paid-In Capital 1,516,000,000 1,516,000,000 1,494,000,000 1,478,000,000 1,477,700,000
Retained Earnings 20,834,000,000 19,518,000,000 18,144,000,000 16,324,000,000 14,932,600,000
Total Common Equity 25,594,000,000 23,135,000,000 21,648,000,000 19,348,000,000 17,997,400,000
Shareholders' Equity 33,762,000,000 30,768,000,000 28,501,000,000 25,305,000,000 23,513,400,000
Liabilitiesequity 362,851,000,000 353,736,000,000 337,155,000,000 323,865,000,000 307,428,200,000
Filing Date Shares Outstanding 388,356,224 388,126,224 399,294,699 407,175,838 405,470,710
Total Common Shares Outstanding 388,356,224 388,126,224 399,294,699 407,175,838 405,470,710
Book Value Per Share 65.90 59.61 54.22 47.52 44.39
Tangible Book Value 24,204,000,000 21,753,000,000 20,335,000,000 18,001,000,000 16,635,100,000
Tangible Book Value Per Share 62.32 56.05 50.93 44.21 41.03
Total Debt 68,474,000,000 65,272,000,000 53,681,000,000 42,764,000,000 36,237,400,000
Netcash -56,088,000,000 -33,675,000,000 -13,486,000,000 -3,276,000,000 9,077,600,000
Net Cash Growth - - - - 331.53%
Netcashpershare -136.96 -80.92 -31.63 -7.66 21.30
Investment Securities 71,013,000,000 65,706,000,000 56,196,000,000 53,115,000,000 47,767,300,000
Trading Asset Securities 7,833,000,000 11,141,000,000 8,686,000,000 7,793,000,000 6,175,000,000
Total Investment 78,846,000,000 76,847,000,000 64,882,000,000 60,908,000,000 53,942,300,000
Gross Loans 252,086,000,000 245,957,000,000 230,352,000,000 221,588,000,000 202,401,000,000
Allowance for Loan Losses -4,183,000,000 -4,080,000,000 -4,017,000,000 -3,922,000,000 -3,857,000,000
Other Adjustments to Gross Loans - -623,000,000 -692,000,000 -365,000,000 -245,000,000
Net Loans 247,903,000,000 241,254,000,000 225,643,000,000 217,301,000,000 198,299,000,000
Investments in Real Estate 1,837,000,000 1,557,000,000 1,433,000,000 1,281,000,000 1,251,200,000
Long-Term Deferred Tax Assets 223,000,000 266,000,000 468,000,000 629,000,000 562,100,000
Other Current Assets 799,000,000 907,000,000 641,000,000 490,000,000 706,700,000
Interest Bearing Deposits 134,219,000,000 134,532,000,000 136,674,000,000 122,624,000,000 114,989,000,000
Non-Interest Bearing Deposits 118,824,000,000 117,030,000,000 111,701,000,000 126,969,000,000 125,834,000,000
Total Deposits 253,043,000,000 251,562,000,000 248,375,000,000 249,593,000,000 240,823,000,000
Short-Term Borrowings 11,938,000,000 12,692,000,000 9,252,000,000 6,199,000,000 3,519,200,000
Current Portion of Long-Term Debt - 9,883,000,000 5,380,000,000 6,795,000,000 6,296,000,000
Other Current Liabilities 1,640,000,000 2,055,000,000 2,696,000,000 2,217,000,000 2,731,800,000
Long-Term Debt 55,835,000,000 42,006,000,000 38,379,000,000 29,108,000,000 25,834,100,000
Pension & Post-Retirement Benefits 678,000,000 521,000,000 570,000,000 582,000,000 686,000,000
Long-Term Deferred Tax Liabilities 42,000,000 31,000,000 14,000,000 16,000,000 18,700,000
Other Long-Term Liabilities 4,782,000,000 3,162,000,000 2,939,000,000 3,145,000,000 3,168,300,000
Total Liabilities 329,089,000,000 322,968,000,000 308,654,000,000 298,560,000,000 283,914,800,000
Comprehensive Income & Other 2,423,000,000 1,280,000,000 1,167,000,000 686,000,000 727,500,000
Minority Interest 8,168,000,000 7,633,000,000 6,853,000,000 5,957,000,000 5,516,000,000
Other Intangible Assets 1,390,000,000 774,000,000 769,000,000 791,000,000 812,000,000
Other Long-Term Assets 890,000,000 797,000,000 743,000,000 1,002,000,000 783,400,000

Cash Flow Statement

Annual Data
Metric TTM 2024 2023 2022 2021
Fiscal Year 2,025 2,024 2,023 2,022 2,021
Fiscal Quarter Q3 Q4 Q4 Q4 Q4
Net Income 3,175,000,000 3,125,000,000 2,998,000,000 2,165,000,000 1,923,400,000
Ncfo -4,060,000,000 -16,693,000,000 -1,095,000,000 -17,695,000,000 -14,880,600,000
Ocf Growth - - - - -
Capital Expenditures -716,000,000 -746,000,000 -528,000,000 -479,000,000 -548,000,000
Cash Acquisitions -109,000,000 -88,000,000 - 102,000,000 -7,200,000
Ncfi -946,000,000 -850,000,000 -599,000,000 -233,000,000 -483,400,000
Common Dividends Paid -1,314,000,000 -1,217,000,000 -869,000,000 -754,000,000 -756,000,000
Financing Cash Flow 6,357,000,000 6,111,000,000 2,661,000,000 8,124,000,000 24,977,400,000
Net Cash Flow 1,373,000,000 -11,556,000,000 1,000,000,000 -9,810,000,000 9,656,800,000
Free Cash Flow -4,776,000,000 -17,439,000,000 -1,623,000,000 -18,174,000,000 -15,428,600,000
Fcf Margin -43.56% -161.64% -15.86% -220.83% -203.59%
Fcfps -11.66 -41.90 -3.81 -42.51 -36.20
Cash Interest Paid 13,824,000,000 15,812,000,000 13,905,000,000 5,549,000,000 2,486,500,000
Cash Taxes Paid 899,000,000 807,000,000 315,000,000 549,000,000 391,100,000
Depreciation & Amortization 393,000,000 382,000,000 415,000,000 383,000,000 383,600,000
Other Amortization 162,000,000 166,000,000 167,000,000 170,000,000 169,000,000
Total Asset Writedown 6,000,000 6,000,000 50,000,000 41,000,000 54,000,000
Provision for Credit Losses 621,000,000 427,000,000 207,000,000 324,000,000 219,700,000
Change in Trading Asset Securities 2,770,000,000 -3,196,000,000 88,000,000 -2,523,000,000 -711,300,000
Change in Other Net Operating Assets -12,982,000,000 -17,504,000,000 -6,567,000,000 -19,394,000,000 -17,697,800,000
Other Operating Activities 802,000,000 787,000,000 800,000,000 607,000,000 547,800,000
Gain (Loss) on Sale of Assets - - - - -
Gain (Loss) on Sale of Investments 993,000,000 -886,000,000 747,000,000 532,000,000 231,000,000
Sale of Property, Plant and Equipment 62,000,000 51,000,000 44,000,000 152,000,000 97,200,000
Divestitures 28,000,000 28,000,000 - - -
Investment in Securities 1,000,000 -21,000,000 3,000,000 36,000,000 -18,900,000
Net Increase (Decrease) in Deposit Accounts 6,952,000,000 7,664,000,000 3,681,000,000 8,880,000,000 26,284,300,000
Other Financing Activities -275,000,000 -336,000,000 -151,000,000 -2,000,000 -54,100,000
Foreign Exchange Rate Adjustments 23,000,000 -123,000,000 33,000,000 -6,000,000 43,400,000
Issuance of Common Stock 994,000,000 - - - -
Repurchase of Common Stock - - - - -496,800,000
Other Investing Activities -2,000,000 -2,000,000 - 1,000,000 -

Income Statement

Annual Data
Metric TTM 2024 2023 2022 2021
Fiscal Year 2,025 2,024 2,023 2,022 2,021
Fiscal Quarter Q3 Q4 Q4 Q4 Q4
Revenue 10,964,000,000 10,789,000,000 10,231,000,000 8,230,000,000 7,578,400,000
Revenue Growth (YoY) 3.22% 5.45% 24.31% 8.60% 29.29%
Income Tax Expense 1,051,000,000 1,053,000,000 874,000,000 556,000,000 525,200,000
Minority Interest in Earnings -762,000,000 -819,000,000 -923,000,000 -502,000,000 -484,800,000
Net Income 3,175,000,000 3,125,000,000 2,998,000,000 2,165,000,000 1,923,400,000
Net Income to Common 3,046,910,000 2,992,407,000 2,898,933,000 2,064,544,000 1,775,593,000
Net Income Growth -0.91% 4.24% 38.48% 12.56% 145.61%
Shares Basic 409,209,512 415,854,514 425,951,928 427,019,261 426,246,662
Diluted Shares Outstanding 409,521,204 416,176,925 426,324,432 427,492,890 426,246,662
Shares Yo Y -0.02 -0.02 0.00 0.00 0.00
Eps Basic 7.45 7.20 6.81 4.83 4.17
EPS (Diluted) 7.44 7.19 6.80 4.83 4.17
EPS Growth 0.60% 5.73% 40.79% 15.95% 165.65%
Fcf -4,776,000,000 -17,439,000,000 -1,623,000,000 -18,174,000,000 -15,428,600,000
Fcfps -11.66 -41.90 -3.81 -42.51 -36.20
Dps 3 3 2.70 1.90 1.60
Dividend Growth 11.11% 11.11% 42.11% 18.75% 6.67%
Profit Margin 27.79% 27.74% 28.34% 25.09% 23.43%
Fcf Margin -43.56% -161.64% -15.86% -220.83% -203.59%
Taxrate 0.21 0.21 0.18 0.17 0.18
Interest Income on Loans 14,127,000,000 15,353,000,000 15,045,000,000 8,623,000,000 5,108,900,000
Interest Income on Investments 36,000,000 39,000,000 38,000,000 29,000,000 33,200,000
Interest Income Total Bank 14,163,000,000 15,392,000,000 15,083,000,000 8,652,000,000 5,142,100,000
Interest Paid on Deposits 6,459,000,000 7,549,000,000 6,873,000,000 2,569,000,000 483,800,000
Total Interest Expense 6,459,000,000 7,549,000,000 6,873,000,000 2,569,000,000 483,800,000
Interest Paid on Borrowings - - - - -
Net Interest Income Bank 7,704,000,000 7,843,000,000 8,210,000,000 6,083,000,000 4,658,300,000
Net Interest Income Growth Bank -2.87% -4.47% 34.97% 30.58% 3.37%
Income From Trading Activities 322,000,000 519,000,000 754,000,000 -779,000,000 58,600,000
Gain (Loss) on Sale of Assets 8,000,000 8,000,000 -194,000,000 -43,000,000 -
Gain (Loss) on Sale of Investments 16,000,000 - - - -4,800,000
Gain (Loss) on Sale of Equity Investments 45,000,000 27,000,000 23,000,000 18,000,000 15,400,000
Other Non-Interest Income 3,373,000,000 2,789,000,000 1,566,000,000 3,251,000,000 3,009,700,000
Total Non-Interest Income 3,764,000,000 3,343,000,000 2,149,000,000 2,447,000,000 3,078,900,000
Non-Interest Income Growth (YoY) 29.75% 55.56% -12.18% -20.52% 16.20%
Revenues Before Loan Losses 11,468,000,000 11,186,000,000 10,359,000,000 8,530,000,000 7,737,200,000
Provision for Loan Losses 504,000,000 397,000,000 128,000,000 300,000,000 158,800,000
Revenue Bank 10,964,000,000 10,789,000,000 10,231,000,000 8,230,000,000 7,578,400,000
Salaries and Employee Benefits 3,275,000,000 3,144,000,000 2,946,000,000 2,635,000,000 2,539,200,000
Selling, General & Administrative 1,707,000,000 1,587,000,000 1,513,000,000 1,389,000,000 1,219,200,000
Other Non-Interest Expense 347,000,000 418,000,000 354,000,000 393,000,000 277,200,000
Total Non-Interest Expense 5,970,000,000 5,786,000,000 5,386,000,000 5,020,000,000 4,591,200,000
EBT Excluding Unusual Items 4,994,000,000 5,003,000,000 4,845,000,000 3,210,000,000 2,987,200,000
Asset Writedown -6,000,000 -6,000,000 -41,000,000 -36,000,000 -52,600,000
Legal Settlements - - - 54,000,000 -1,200,000
Other Unusual Items - - - - -
Ebt Bank 4,988,000,000 4,997,000,000 4,795,000,000 3,223,000,000 2,933,400,000
Earnings From Continuing Operations 3,937,000,000 3,944,000,000 3,921,000,000 2,667,000,000 2,408,200,000
Occupancy Expenses 555,000,000 547,000,000 560,000,000 551,000,000 548,000,000
Preferred Dividends & Other Adjustments 128,090,000 132,593,000 99,067,000 100,456,000 147,807,000
Payoutratio 41.39% 38.94% 28.99% 34.83% 39.31%

Ratios and Metrics

Annual Data
Metric TTM 2024 2023 2022 2021
Fiscal Year 2,025 2,024 2,023 2,022 2,021
Fiscal Quarter Q3 Q4 Q4 Q4 Q4
Marketcap 189,381,905,842 121,822,542,604 73,699,366,214 60,239,352,074 82,946,320,796
Market Cap Growth 83.70% 65.30% 22.34% -27.38% 68.45%
Last Close Ratios 48,760.00% 28,186.08% 16,403.92% 12,426.97% 16,293.80%
Pe 12.22 8.18 5.11 5.90 9.44
PS Ratio 3.40 2.27 1.45 1.48 2.21
PB Ratio 1.10 0.80 0.52 0.48 0.71
Ptbv Ratio 1.54 1.13 0.73 0.68 1.01
P/OCF Ratio - - - - -
Debt / Equity Ratio 2.03 2.12 1.88 1.69 1.54
Roe 12.33% 13.31% 14.58% 10.93% 10.49%
Return on Assets (ROA) 1.11% 1.14% 1.19% 0.85% 0.82%
Earnings Yield 8.18% 12.76% 20.24% 17.78% 11.47%
FCF Yield -12.82% -71.21% -10.95% -149.27% -92.03%
Dividend Yield 3.09% 5.29% 8.19% 7.56% 4.86%
Payout Ratio 41.39% 38.94% 28.99% 34.83% 39.31%
Buyback Yield / Dilution 2.26% 2.38% 0.27% -0.29% 0.02%
Totalreturn 5.35% 7.67% 8.46% 7.27% 4.88%

Price History

Sep 25, 2018 — Jan 26, 2026 1825 Records
Date Open High Low Close Volume
2026-01-26 555.00 564.00 555.00 561.00 1,035
2026-01-25 554.00 556.00 550.00 556.00 206
2026-01-24 551.00 554.00 551.00 554.00 451
2026-01-22 551.00 554.00 551.00 554.00 451
2026-01-21 533.00 550.00 533.00 549.00 1,934
2026-01-20 523.00 533.00 523.00 533.00 722
2026-01-19 530.00 531.50 523.00 530.50 171
2026-01-18 529.00 533.00 523.00 530.00 1,192
2026-01-15 534.00 535.50 530.50 535.50 354
2026-01-14 535.50 535.50 524.00 534.00 2,532
2026-01-13 533.00 536.00 531.50 536.00 504
2026-01-12 525.00 530.50 517.00 527.00 1,500
2026-01-11 525.00 530.50 517.00 527.00 1,500
2026-01-09 527.50 533.00 523.00 527.00 1,691
2026-01-08 527.50 533.00 523.00 527.00 1,691
2026-01-07 536.00 536.00 525.00 531.00 2,022
2026-01-06 524.00 533.50 524.00 533.50 431
2026-01-05 524.00 533.50 524.00 533.50 431
2026-01-04 524.00 533.50 524.00 533.50 431
2026-01-01 511.50 523.00 511.50 515.00 3,305
2025-12-31 511.50 523.00 511.50 515.00 3,305
2025-12-30 511.50 523.00 511.50 515.00 3,305
2025-12-29 511.50 523.00 511.50 515.00 3,305
2025-12-28 513.50 516.00 511.50 511.50 1,866
2025-12-25 511.00 513.00 490.00 513.00 4,239
2025-12-24 511.00 513.00 490.00 513.00 4,239
2025-12-23 511.00 513.00 490.00 513.00 4,239
2025-12-22 511.00 513.00 490.00 513.00 4,239
2025-12-21 512.00 516.50 509.50 510.00 210
2025-12-19 509.00 512.00 508.00 512.00 680
2025-12-18 509.00 512.00 508.00 512.00 680
2025-12-17 503.00 509.00 502.00 507.00 792
2025-12-16 501.00 502.00 500.00 500.00 376
2025-12-15 495.80 502.00 495.20 500.50 390
2025-12-14 498.00 498.00 488.80 493.00 260
2025-12-12 504.00 504.00 490.20 490.20 319
2025-12-11 504.00 504.00 490.20 490.20 319
2025-12-10 500.00 504.50 500.00 502.50 439
2025-12-09 499.80 499.80 496.60 499.20 546
2025-12-08 491.40 500.00 491.40 498.60 128
2025-12-07 490.60 490.60 484.00 487.60 118
2025-12-05 495.40 500.00 491.40 491.40 408
2025-12-04 495.40 500.00 491.40 491.40 408
2025-12-03 493.00 493.00 489.40 492.00 185
2025-12-02 494.80 502.00 493.00 493.00 460
2025-12-01 481.00 494.80 481.00 494.20 855
2025-11-30 473.00 477.40 473.00 477.40 707
2025-11-28 473.00 477.40 473.00 477.40 707
2025-11-27 473.00 477.40 473.00 477.40 707
2025-11-26 472.00 472.40 468.40 472.00 206