Russian Banks Potentially Undervalued Companies

TCS Group Holding

Market Cap: ₽2.5b

TCS Group Holding PLC, through its subsidiaries, provides retail banking, brokerage, insurance, acquiring and payment services in Russia.

Sberbank of Russia

Market Cap: ₽3.0t

Sberbank of Russia, together with its subsidiaries, provides corporate and retail banking products and services to individuals, small businesses, corporate clients, and financial institutions.

VTB Bank

Market Cap: ₽244.0b

VTB Bank (public joint-stock company), together with its subsidiaries, provides various banking products and services in Russia, OECD, and internationally.

Bank Saint-Petersburg

Market Cap: ₽34.6b

"Bank "Saint-Petersburg" Public Joint-Stock Company, a universal bank, provides a range of banking products and services to individuals and corporates in Russia.