sberbank (AKSJF:OTC US)
sberbank (AKSJF) Snapshot
|
Open
--
|
Previous Close
$3.20
|
|
|
Day High
--
|
Day Low
--
|
|
|
52 Week High
02/27/13 - $3.20
|
52 Week Low
02/27/13 - $3.20
|
|
|
Market Cap
--
|
Average Volume 10 Days
0.0
|
|
|
EPS TTM
--
|
Shares Outstanding
0.0
|
|
|
EX-Date
04/12/13
|
P/E TM
--
|
|
|
Dividend
$2.59
|
Dividend Yield
2.58%
|
Related News
sberbank (AKSJF) Related Businessweek News
sberbank (AKSJF) Details
Sberbank provides corporate and retail banking products and services to corporate clients, small businesses, financial institutions, and individuals in the Russian Federation and internationally. The company’s deposit products include fixed, settlement, and online deposits. It also provides commercial lending to legal entities comprising corporate loans, loans to individual entrepreneurs, federal bodies, and municipal authorities, as well as overdraft lending and lending for export-import transactions; specialized lending to legal entities, including investment and construction project financing and developers’ financing; consumer and other individual loans, such as loans to individuals other than housing acquisition, construction and repair of real estate, and car loans; and mortgage loans to individuals for acquisition, construction, and reconstruction of real estate. In addition, the company offers export/import transactions, foreign exchange, securities trading, investments and securities, cash management, investment of funds, cash collection, currency exchange, investment banking, treasury, business consulting, bank insurance, bank cards, corporate pension programs, safe deposit boxes, brokerage, and hedging currency risk services, as well as engages in selling precious metals and coins, and leasing activities. As of December 31, 2012, it had 17 regional head offices, 193 branches, and 18,377 sub–branches in the Russian Federation, as well as operates in Turkey, Ukraine, Belarus, Kazakhstan, Austria, Switzerland, India, Germany, China, the United States, the United Kingdom, and Cyprus. The company was founded in 1841 and is headquartered in Moscow, the Russian Federation.
sberbank (AKSJF) Key Developments
Sberbank reported non-consolidated earnings results for the four months ended April 2013. For the four months, the company's net interest income came at RUB 226.0 billion, up by 15.9% against a year ago. Interest income was increased by RUB 82.9 billion on the back of assets growth. Operating income before total provisions was increased by 18.4% year on year or by RUB 48.5 billion. Profit before tax totaled RUB 156.4 billion against RUB 158.1 billion a year ago. Net profit amounted to RUB 128.9 billion against RUB 127.3 billion a year ago.
The privatization plan for 2011-2013 has been amended and was approved by the government on April 11, 2013. The plan call for sale of some assets, including stakes in Sberbank and MDM Bank, Open Joint Stock Company. Banki.ru was notified about the governments intend to divest 0.032% stake in MDM Bank. 283,000 shares of Sberbank, or less than 0.001% of the charter capital will be sold and the federal agency for state property management plans to the sale by the end of 2013. The stake is worth around $1 million.
Sberbank of Russia decided to set up a debt collection unit, which will operate under the brand ActiveBusinessCollection. The lender will control 100% of the debt collector, which will operate as a separate legal entity. The unit will be operational as of June 1, 2013 and will focus on retrieving overdue credit card debts and consumer loans. Its first task will be to retrieve a RUB 1 billion portfolio of credit card debts and old loans overdue for more than 360 days. Sberbank will continue working with third-party debt collectors, but it wants to retain maximum loyalty to its customers, which may be late with repayments because of a difficult financial situation. The bank will only decide to sell the debt after it has exhausted all possibilities of reaching an agreement with a given customer. The total value of Sberbank's overdue retail loans stood at RUB 54.2 billion in March.
| Recently Viewed | |||
| AKSJF:US | $3.20 USD | 0.00 | |
| Company | Last | Change |
| Bank of Moscow OJSC | 855.20 RUB | -4.80 |
| VTB Bank OJSC | 0.05 RUB | +0.0018 |
| Raiffeisen Bank International AG | €27.27 EUR | -0.22 |
| VimpelCom Ltd | $10.70 USD | -0.21 |
| View Industry Companies | ||
Industry Analysis
AKSJF
Industry Average
| Valuation | AKSJF | Industry Range |
| Price/Earnings | 6.6x |
|
| Price/Sales | 2.6x |
|
| Price/Book | 1.4x |
|
| Price/Cash Flow | 6.5x |
|
| TEV/Sales | NM | Not Meaningful |
Post a JobJobs
- Orlando, FL | Consult SoftPosted: May 22
- New York, NY |Posted: May 17
- San Francisco, CA | YelpPosted: May 02
- San Francisco, CA | YelpPosted: May 02
Sponsored Financial Commentaries
Sponsored Links
To contact SBERBANK, please visit www.sbrf.ru. Company data is provided by Capital IQ. Please use this form to report any data issues.
Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.







