Pret actiune BRD 11.

9
Pret actiune TLV 1.9
cifre in mn lei cu exceptia ratiilor si procentelor
YE 2017
Total active 54,927.00
Capitaluri proprii 7,369.00

Capitalizare (pentru YE 2018, pretul de acum) 8,991.30

P/BV 1.22

Venituri din dobanzi 1,719.00

Venituri din comisioane 763.00
Cheltuielioperationale (1,473.00)
Profit net (PN) 1,414.00

Rezultat global

Profit pe actiune (PA) 2.03

Elemente nerecurente *) 359.00

Profit net ajustat (PNA) (PN-nerecurente) (fara impact fiscal) 1,055.00

Rentabilitatea activelor (PNA/Total active) 1.9%

Rentabilitatea capitalurilor proprii (PNA/Total capitaluri proprii 14.3%

Depozite clienti
Total datorii

Capitaluri proprii
Verificare

Active reintregite (total active - elemente nerecurente in P&L)

Verificare

TOTAL ACTIV/ACTIUNE (AA)

P/AA

TOTAL ACTIVE REINTREGITE/ACTIUNE (ARA)

P/ARA
*) Costul net al riscului+Profitul din Preluare pentru TLV Grup
La TLV elementele nerecurente legate de integrarea BP nu pot fi identificate

OTP bank
227 mn shares
14,362,575 total active mn HUF

63,188 Total activ/actiune

11,725 Pret piata/actiune

0.19 P/AA

PKO bank
1,250 mn shares
306,082 total active mn PLN

245 Total activ/actiune

38 Pret piata/actiune

0.16 P/AA
 2.2%
Grup BRD
2018 YTD S1 2018 YTD Q3 YE 2018 T3 2018 T4 2018
53,909.00 54,508.00 55,720.00 599.00 1,212.00
6,635.00 7,163.00 7,659.00 528.00 496.00

9,144.64 9,284.04 8,294.30 139.40 (989.74)

1.38 1.30 1.08

937.00 1,576.00 1,999.00 639.00 423.00

379.00 588.00 797.00 209.00 209.00
(738.00) (1,104.00) (1,489.00) (366.00) (385.00)
756.00 1,142.00 1,565.00 386.00 423.00

1.08 1.64 2.25

154.00 61.00 230.00 (93.00) 169.00

602.00 1,081.00 1,335.00 479.00 254.00

1.1% 2.0% 2.4%

9.1% 15.1% 17.4%

43,553 45,217 1,664

47,346 48,062 716

496
-
1.92%
53,755.00 54,447.00 55,490.00 692.00 1,043.00
1,043.00

79.94
0.15

79.61
0.15
EPS recurent 1.92
Price 11.90
PER 6.21
 1.7%
Grup TLV
T4 vs T3 2018 % YE 2017 2018 YTD S1 2018 YTD Q3 YE 2018
102.3% 59,805.00 75,305.00 76,552.00 77,883.00
-6.1% 7,140.00 7,287.00 7,542.00 7,573.00

9,246.33 11,900.00 11,382.00 9,148.50

1.30 1.63 1.51 1.21

-33.8% 1,891.00 1,276.00 2,089.00 2,750.00

0.0% 627.00 362.00 569.00 778.00
5.2% (1,445.00) (1,001.00) (1,587.00) (2,000.00)
9.6% 1,242.00 865.00 1,241.00 1,257.00

0.29 0.18 0.26 0.26

-281.7% (29.00) 199.00 110.00 (208.00)

-47.0% 1,271.00 666.00 1,131.00 1,465.00

2.1% 0.9% 1.5% 1.9%

17.8% 9.1% 15.0% 19.3%

3.8% 62,788 65,160

1.5% 68,720 70,017

2.16%
50.7% 75,106.00 76,442.00 78,091.00

16.18
0.12

16.22
0.12
EPS recurent 0.30
Price 1.90
PER 6.24
p TLV Performanta TLV vs BRD
T3 2018 T4 2018 T4 vs T3 2018 %
1,247.00 1,331.00 6.7% Aparent mai slab, vezi "active reintregite"
255.00 31.00 -87.8%

(518.00) (2,233.50)

813.00 661.00 -18.7%

207.00 209.00 1.0%
(586.00) (413.00) -29.5%
376.00 16.00 -95.7%

(89.00) (318.00) 257.3%

465.00 334.00 -28.2%

2,372 3.8%
1,297 1.9%

31
(3)

1,336.00 1,649.00 23.4% ca ritm trimestrial BRD este mai bine, dar YTD TLV cre
1,646.00
ezi "active reintregite"

BRD este mai bine, dar YTD TLV creste 2.16% fata de 1.92% BRD