View ValuationErste Group Bank 将来の成長Future 基準チェック /26Erste Group Bank利益と収益がそれぞれ年間9.8%と9%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に16% 10.4%なると予測されています。主要情報9.8%収益成長率10.42%EPS成長率Banks 収益成長8.9%収益成長率9.0%将来の株主資本利益率15.98%アナリストカバレッジGood最終更新日06 Aug 2026今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesReported Earnings • Jul 31Second quarter 2026 earnings released: EPS: €2.82 (vs €2.25 in 2Q 2025)Second quarter 2026 results: EPS: €2.82 (up from €2.25 in 2Q 2025). Revenue: €3.88b (up 39% from 2Q 2025). Net income: €1.10b (up 19% from 2Q 2025). Profit margin: 28% (down from 33% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 48% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • May 02First quarter 2026 earnings released: EPS: €2.15 (vs €1.80 in 1Q 2025)First quarter 2026 results: EPS: €2.15 (up from €1.80 in 1Q 2025). Revenue: €3.50b (up 29% from 1Q 2025). Net income: €878.5m (up 28% from 1Q 2025). Profit margin: 25% (in line with 1Q 2025). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Apr 15Upcoming dividend of €0.75 per shareEligible shareholders must have bought the stock before 22 April 2026. Payment date: 24 April 2026. Payout ratio is a comfortable 9.1% but the company is not cash flow positive. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (4.6%).Reported Earnings • Feb 27Full year 2025 earnings released: EPS: €9.04 (vs €7.20 in FY 2024)Full year 2025 results: EPS: €9.04 (up from €7.20 in FY 2024). Revenue: €11.2b (up 3.6% from FY 2024). Net income: €3.51b (up 17% from FY 2024). Profit margin: 31% (up from 28% in FY 2024). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Feb 27Erste Group Bank AG announces Annual dividend, payable on April 24, 2026Erste Group Bank AG announced Annual dividend of EUR 0.7500 per share payable on April 24, 2026, ex-date on April 22, 2026 and record date on April 23, 2026.お知らせ • Dec 09Erste Group Bank AG, Annual General Meeting, Apr 17, 2026Erste Group Bank AG, Annual General Meeting, Apr 17, 2026.Reported Earnings • Nov 02Third quarter 2025 earnings released: EPS: €2.20 (vs €2.14 in 3Q 2024)Third quarter 2025 results: EPS: €2.20 (up from €2.14 in 3Q 2024). Revenue: €2.78b (up 2.7% from 3Q 2024). Net income: €901.0m (up 1.7% from 3Q 2024). Profit margin: 32% (in line with 3Q 2024). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Oct 22+ 4 more updatesErste Group Bank AG to Report Q3, 2026 Results on Oct 30, 2026Erste Group Bank AG announced that they will report Q3, 2026 results on Oct 30, 2026お知らせ • Oct 03Erste Group Bank AG (WBAG:EBS) agreed to acquire an additional 5.40% stake in ERSTE d.o.o. - drustvo za upravljanje obveznim i dobrovoljnim mirovinskim fondovima from Zavarovalnica Triglav, d.d. (LJSE:ZVTG).Erste Group Bank AG (WBAG:EBS) agreed to acquire an additional 5.40% stake in ERSTE d.o.o. - drustvo za upravljanje obveznim i dobrovoljnim mirovinskim fondovima from Zavarovalnica Triglav, d.d. (LJSE:ZVTG) on October 1, 2025. The deal will lift Erste Group Bank AG's direct and indirect holding in ERSTE d.o.o. to 50.6%, making it the majority shareholder through its Erste&Steiermaerkische Bank and Steiermaerkische Bank und Sparkassen AG. ERSTE d.o.o. has more than 550,000 members. The deal is subject to regulatory approvals.Reported Earnings • Aug 03Second quarter 2025 earnings released: EPS: €2.25 (vs €1.98 in 2Q 2024)Second quarter 2025 results: EPS: €2.25 (up from €1.98 in 2Q 2024). Revenue: €2.77b (up 2.6% from 2Q 2024). Net income: €921.0m (up 8.9% from 2Q 2024). Profit margin: 33% (up from 31% in 2Q 2024). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • May 19Upcoming dividend of €3.00 per shareEligible shareholders must have bought the stock before 26 May 2025. Payment date: 28 May 2025. Payout ratio is a comfortable 42% but the company is not cash flow positive. Trailing yield: 4.1%. Lower than top quartile of German dividend payers (4.4%). Lower than average of industry peers (5.4%).Valuation Update With 7 Day Price Move • May 08Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €70.10, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 9x in the Banks industry in Europe. Total returns to shareholders of 205% over the past three years.Reported Earnings • May 02First quarter 2025 earnings released: EPS: €1.82 (vs €1.75 in 1Q 2024)First quarter 2025 results: EPS: €1.82 (up from €1.75 in 1Q 2024). Revenue: €2.72b (flat on 1Q 2024). Net income: €743.0m (up 3.3% from 1Q 2024). Profit margin: 27% (in line with 1Q 2024). Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Apr 28Erste Group Weighs Buying 49% of Santander’s Polish UnitErste Group Bank AG (WBAG:EBS) is exploring buying a major stake in Banco Santander, S.A. (BME:SAN)’s Polish unit, seizing an opportunity to expand in one of Europe’s fastest-growing markets. Austria’s largest lender is in talks with the Spanish bank about acquiring 49% of Santander Bank Polska S.A. (WSE:SPL), Erste said in a statement April 28, 2025 that confirmed an earlier Bloomberg News report. The stake is valued at around €7.3 billion ($8 billion) based on the most recent stock price. It’s not clear if the talks will lead to an agreement, Erste said. A spokesperson for Santander didn’t respond to an earlier request for comment. Under the proposed terms, Erste would effectively gain control of the Polish lender as its largest single shareholder despite not having a majority holding, people familiar with the matter said. By buying less than 50%, Erste will avoid triggering a mandatory tender for the remaining shares in the bank. A deal between Vienna-based Erste and Spain’s biggest bank would be one of the largest banking transactions in Europe in recent years. Bloomberg reported in early April that Banco Santander was exploring a sale of its 62% stake in its Polish unit to refocus on other markets. The deal would deliver on Erste Group Chief Executive Officer Peter Bosek’s ambitions to expand into Poland, made after his return to Vienna last year from Luminor Group. Any transaction would require regulatory approval from the European Central Bank and the national banking authorities. That would likely be granted given that it is an deal within the European Union and wouldn’t create a dominant market position or any other distortions, some of the people said.Declared Dividend • Mar 24Dividend increased to €3.00Dividend of €3.00 is 11% higher than last year. Ex-date: 26th May 2025 Payment date: 28th May 2025 Dividend yield will be 4.4%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by earnings (42% payout ratio) and is expected to be well covered in 3 years' time (46% forecast payout ratio). The dividend has increased by an average of 31% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 11% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Mar 23Erste Group Bank AG announces Annual dividend, payable on May 28, 2025Erste Group Bank AG announced Annual dividend of EUR 3.0000 per share payable on May 28, 2025, ex-date on May 26, 2025 and record date on May 27, 2025.Reported Earnings • Mar 04Full year 2024 earnings released: EPS: €7.75 (vs €6.81 in FY 2023)Full year 2024 results: EPS: €7.75 (up from €6.81 in FY 2023). Revenue: €10.8b (up 4.8% from FY 2023). Net income: €3.13b (up 7.8% from FY 2023). Profit margin: 29% (in line with FY 2023). Net interest margin (NIM): 2.46% (down from 2.50% in FY 2023). Cost-to-income ratio: 47.2% (down from 47.6% in FY 2023). Non-performing loans: 2.81% (up from 2.29% in FY 2023). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Feb 13The Chiba Bank, Ltd. (TSE:8331), Erste Group Bank AG (WBAG:EBS), Bank of Taiwan and Mega International Commercial Bank Co., Ltd. agreed to acquire Performing loan asset of CTBC Bank Co.,Ltd. for $60 million.The Chiba Bank, Ltd. (TSE:8331), Erste Group Bank AG (WBAG:EBS), Bank of Taiwan and Mega International Commercial Bank Co., Ltd. agreed to acquire Performing loan asset of CTBC Bank Co.,Ltd. for $60 million on February 12, 2025. A cash consideration of $60 million will be paid by The Chiba Bank, Ltd., Erste Group Bank AG, Bank Taiwan and Mega International Commercial Bank Co., Ltd. As part of consideration, $60 million is paid towards assets of Performing loan asset of CTBC Bank Co.,Ltd.お知らせ • Dec 02Erste Group Bank AG, Annual General Meeting, May 21, 2025Erste Group Bank AG, Annual General Meeting, May 21, 2025.Reported Earnings • Nov 01Third quarter 2024 earnings releasedThird quarter 2024 results: Revenue: €2.71b (up 6.9% from 3Q 2023). Net income: €886.0m (up 8.1% from 3Q 2023). Profit margin: 33% (in line with 3Q 2023). Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Banks industry in Europe.お知らせ • Oct 28+ 4 more updatesErste Group Bank AG to Report First Half, 2025 Results on Aug 01, 2025Erste Group Bank AG announced that they will report first half, 2025 results on Aug 01, 2025Reported Earnings • Aug 04Second quarter 2024 earnings released: EPS: €1.98 (vs €1.98 in 2Q 2023)Second quarter 2024 results: EPS: €1.98 (up from €1.98 in 2Q 2023). Revenue: €2.70b (up 1.6% from 2Q 2023). Net income: €846.0m (up 1.0% from 2Q 2023). Profit margin: 31% (in line with 2Q 2023). Revenue is forecast to grow 1.2% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • May 20Upcoming dividend of €2.70 per shareEligible shareholders must have bought the stock before 27 May 2024. Payment date: 29 May 2024. Payout ratio is a comfortable 37% but the company is not cash flow positive. Trailing yield: 5.7%. Within top quartile of German dividend payers (4.6%). In line with average of industry peers (6.3%).Reported Earnings • Apr 30First quarter 2024 earnings released: EPS: €1.87 (vs €1.39 in 1Q 2023)First quarter 2024 results: EPS: €1.87 (up from €1.39 in 1Q 2023). Revenue: €2.69b (up 6.8% from 1Q 2023). Net income: €783.3m (up 32% from 1Q 2023). Profit margin: 29% (up from 24% in 1Q 2023). Revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 01Full year 2023 earnings released: EPS: €7.43 (vs €4.83 in FY 2022)Full year 2023 results: EPS: €7.43 (up from €4.83 in FY 2022). Revenue: €10.4b (up 26% from FY 2022). Net income: €3.00b (up 45% from FY 2022). Profit margin: 29% (up from 25% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 3.0% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.New Risk • Mar 01New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 5.9% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (3.4% increase in shares outstanding).Reported Earnings • Oct 30Third quarter 2023 earnings released: EPS: €1.92 (vs €1.19 in 3Q 2022)Third quarter 2023 results: EPS: €1.92 (up from €1.19 in 3Q 2022). Revenue: €2.54b (up 31% from 3Q 2022). Net income: €819.7m (up 61% from 3Q 2022). Profit margin: 32% (up from 26% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.2% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.お知らせ • Oct 14Erste Group Bank AG to Report Fiscal Year 2023 Results on Feb 29, 2024Erste Group Bank AG announced that they will report fiscal year 2023 results on Feb 29, 2024お知らせ • Oct 13+ 3 more updatesErste Group Bank AG to Report First Half, 2024 Results on Aug 02, 2024Erste Group Bank AG announced that they will report first half, 2024 results on Aug 02, 2024お知らせ • Oct 18Erste Group Bank AG to Report Nine Months, 2023 Results on Oct 30, 2023Erste Group Bank AG announced that they will report nine months, 2023 results on Oct 30, 2023業績と収益の成長予測XTRA:EBO - アナリストの将来予測と過去の財務データ ( )EUR Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/202817,6104,881N/AN/A1312/31/202716,6514,476N/AN/A1412/31/202615,8913,979N/AN/A126/30/202613,1073,661-20,712-19,859N/A3/31/202612,0023,486-4,362-3,567N/A12/31/202511,2143,371-3,677-2,924N/A9/30/202510,9513,047-4,776-4,060N/A6/30/202510,8793,033-3,472-2,693N/A3/31/202510,8102,958-11,601-10,828N/A12/31/202410,7892,992-17,439-16,693N/A9/30/202410,6223,100-4,795-4,180N/A6/30/202410,4473,0332,7483,270N/A3/31/202410,4113,074-872-444N/A12/31/202310,2312,899-1,623-1,095N/A9/30/20239,8572,722-2,043-1,584N/A6/30/20239,2612,412-13,418-12,908N/A3/31/20238,7682,160-12,202-11,635N/A12/31/20228,2302,065-18,174-17,695N/A9/30/20227,9831,990-25,432-24,961N/A6/30/20228,0192,013-24,117-23,708N/A3/31/20227,7611,869-22,344-21,818N/A12/31/20217,5781,776-15,429-14,881N/A9/30/20217,1301,462-13,107-12,392N/A6/30/20216,7731,272-6,946-6,254N/A3/31/20216,052840-8,160-7,577N/A12/31/20205,861669-5,437-4,888N/A9/30/20206,200779-6,871-6,350N/A6/30/20206,383927-14,617-14,152N/A3/31/20207,0201,223N/A-8,383N/A12/31/20197,2231,378N/A-11,710N/A9/30/20197,2011,711N/A-11,562N/A6/30/20197,1511,674N/A-12,421N/A3/31/20197,0571,757N/A-17,461N/A12/31/20186,9711,717N/A-15,828N/A9/30/20186,9661,480N/A-17,388N/A6/30/20186,9201,389N/A-19,534N/A3/31/20186,8321,313N/A-8,227N/A12/31/20176,6931,255N/A-11,221N/A9/30/20176,5361,049N/A-10,674N/A6/30/20176,4351,024N/A-3,466N/A3/31/20176,6481,217N/A-11,538N/A12/31/20166,6441,248N/A-4,385N/A9/30/20166,8531,369N/A-3,239N/A6/30/20166,8181,308N/A-1,384N/A3/31/20166,4991,014N/A1,644N/A12/31/20156,441968N/A386N/A9/30/20156,064806N/A-1,232N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: EBOの予測収益成長率 (年間9.8% ) は 貯蓄率 ( 2.1% ) を上回っています。収益対市場: EBOの収益 ( 9.8% ) German市場 ( 15.5% ) よりも低い成長が予測されています。高成長収益: EBOの収益は増加すると予測されていますが、大幅には増加しません。収益対市場: EBOの収益 ( 9% ) German市場 ( 6.7% ) よりも速いペースで成長すると予測されています。高い収益成長: EBOの収益 ( 9% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: EBOの 自己資本利益率 は、3年後には低くなると予測されています ( 16 %)。成長企業の発掘7D1Y7D1Y7D1YBanks 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日(UTC時間)企業分析2026/08/11 07:15終値2026/08/11 00:00収益2026/06/30年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM(Trailing Twelve Month)またはLTM(Last Twelve Month)データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Erste Group Bank AG 14 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。32 アナリスト機関Ivan BokhmatBarclaysKrishnendra DubeyBarclaysEoin MullanyBerenberg29 その他のアナリストを表示
Reported Earnings • Jul 31Second quarter 2026 earnings released: EPS: €2.82 (vs €2.25 in 2Q 2025)Second quarter 2026 results: EPS: €2.82 (up from €2.25 in 2Q 2025). Revenue: €3.88b (up 39% from 2Q 2025). Net income: €1.10b (up 19% from 2Q 2025). Profit margin: 28% (down from 33% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 48% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • May 02First quarter 2026 earnings released: EPS: €2.15 (vs €1.80 in 1Q 2025)First quarter 2026 results: EPS: €2.15 (up from €1.80 in 1Q 2025). Revenue: €3.50b (up 29% from 1Q 2025). Net income: €878.5m (up 28% from 1Q 2025). Profit margin: 25% (in line with 1Q 2025). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Apr 15Upcoming dividend of €0.75 per shareEligible shareholders must have bought the stock before 22 April 2026. Payment date: 24 April 2026. Payout ratio is a comfortable 9.1% but the company is not cash flow positive. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (4.6%).
Reported Earnings • Feb 27Full year 2025 earnings released: EPS: €9.04 (vs €7.20 in FY 2024)Full year 2025 results: EPS: €9.04 (up from €7.20 in FY 2024). Revenue: €11.2b (up 3.6% from FY 2024). Net income: €3.51b (up 17% from FY 2024). Profit margin: 31% (up from 28% in FY 2024). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Feb 27Erste Group Bank AG announces Annual dividend, payable on April 24, 2026Erste Group Bank AG announced Annual dividend of EUR 0.7500 per share payable on April 24, 2026, ex-date on April 22, 2026 and record date on April 23, 2026.
お知らせ • Dec 09Erste Group Bank AG, Annual General Meeting, Apr 17, 2026Erste Group Bank AG, Annual General Meeting, Apr 17, 2026.
Reported Earnings • Nov 02Third quarter 2025 earnings released: EPS: €2.20 (vs €2.14 in 3Q 2024)Third quarter 2025 results: EPS: €2.20 (up from €2.14 in 3Q 2024). Revenue: €2.78b (up 2.7% from 3Q 2024). Net income: €901.0m (up 1.7% from 3Q 2024). Profit margin: 32% (in line with 3Q 2024). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Oct 22+ 4 more updatesErste Group Bank AG to Report Q3, 2026 Results on Oct 30, 2026Erste Group Bank AG announced that they will report Q3, 2026 results on Oct 30, 2026
お知らせ • Oct 03Erste Group Bank AG (WBAG:EBS) agreed to acquire an additional 5.40% stake in ERSTE d.o.o. - drustvo za upravljanje obveznim i dobrovoljnim mirovinskim fondovima from Zavarovalnica Triglav, d.d. (LJSE:ZVTG).Erste Group Bank AG (WBAG:EBS) agreed to acquire an additional 5.40% stake in ERSTE d.o.o. - drustvo za upravljanje obveznim i dobrovoljnim mirovinskim fondovima from Zavarovalnica Triglav, d.d. (LJSE:ZVTG) on October 1, 2025. The deal will lift Erste Group Bank AG's direct and indirect holding in ERSTE d.o.o. to 50.6%, making it the majority shareholder through its Erste&Steiermaerkische Bank and Steiermaerkische Bank und Sparkassen AG. ERSTE d.o.o. has more than 550,000 members. The deal is subject to regulatory approvals.
Reported Earnings • Aug 03Second quarter 2025 earnings released: EPS: €2.25 (vs €1.98 in 2Q 2024)Second quarter 2025 results: EPS: €2.25 (up from €1.98 in 2Q 2024). Revenue: €2.77b (up 2.6% from 2Q 2024). Net income: €921.0m (up 8.9% from 2Q 2024). Profit margin: 33% (up from 31% in 2Q 2024). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • May 19Upcoming dividend of €3.00 per shareEligible shareholders must have bought the stock before 26 May 2025. Payment date: 28 May 2025. Payout ratio is a comfortable 42% but the company is not cash flow positive. Trailing yield: 4.1%. Lower than top quartile of German dividend payers (4.4%). Lower than average of industry peers (5.4%).
Valuation Update With 7 Day Price Move • May 08Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €70.10, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 9x in the Banks industry in Europe. Total returns to shareholders of 205% over the past three years.
Reported Earnings • May 02First quarter 2025 earnings released: EPS: €1.82 (vs €1.75 in 1Q 2024)First quarter 2025 results: EPS: €1.82 (up from €1.75 in 1Q 2024). Revenue: €2.72b (flat on 1Q 2024). Net income: €743.0m (up 3.3% from 1Q 2024). Profit margin: 27% (in line with 1Q 2024). Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Apr 28Erste Group Weighs Buying 49% of Santander’s Polish UnitErste Group Bank AG (WBAG:EBS) is exploring buying a major stake in Banco Santander, S.A. (BME:SAN)’s Polish unit, seizing an opportunity to expand in one of Europe’s fastest-growing markets. Austria’s largest lender is in talks with the Spanish bank about acquiring 49% of Santander Bank Polska S.A. (WSE:SPL), Erste said in a statement April 28, 2025 that confirmed an earlier Bloomberg News report. The stake is valued at around €7.3 billion ($8 billion) based on the most recent stock price. It’s not clear if the talks will lead to an agreement, Erste said. A spokesperson for Santander didn’t respond to an earlier request for comment. Under the proposed terms, Erste would effectively gain control of the Polish lender as its largest single shareholder despite not having a majority holding, people familiar with the matter said. By buying less than 50%, Erste will avoid triggering a mandatory tender for the remaining shares in the bank. A deal between Vienna-based Erste and Spain’s biggest bank would be one of the largest banking transactions in Europe in recent years. Bloomberg reported in early April that Banco Santander was exploring a sale of its 62% stake in its Polish unit to refocus on other markets. The deal would deliver on Erste Group Chief Executive Officer Peter Bosek’s ambitions to expand into Poland, made after his return to Vienna last year from Luminor Group. Any transaction would require regulatory approval from the European Central Bank and the national banking authorities. That would likely be granted given that it is an deal within the European Union and wouldn’t create a dominant market position or any other distortions, some of the people said.
Declared Dividend • Mar 24Dividend increased to €3.00Dividend of €3.00 is 11% higher than last year. Ex-date: 26th May 2025 Payment date: 28th May 2025 Dividend yield will be 4.4%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by earnings (42% payout ratio) and is expected to be well covered in 3 years' time (46% forecast payout ratio). The dividend has increased by an average of 31% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 11% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Mar 23Erste Group Bank AG announces Annual dividend, payable on May 28, 2025Erste Group Bank AG announced Annual dividend of EUR 3.0000 per share payable on May 28, 2025, ex-date on May 26, 2025 and record date on May 27, 2025.
Reported Earnings • Mar 04Full year 2024 earnings released: EPS: €7.75 (vs €6.81 in FY 2023)Full year 2024 results: EPS: €7.75 (up from €6.81 in FY 2023). Revenue: €10.8b (up 4.8% from FY 2023). Net income: €3.13b (up 7.8% from FY 2023). Profit margin: 29% (in line with FY 2023). Net interest margin (NIM): 2.46% (down from 2.50% in FY 2023). Cost-to-income ratio: 47.2% (down from 47.6% in FY 2023). Non-performing loans: 2.81% (up from 2.29% in FY 2023). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Feb 13The Chiba Bank, Ltd. (TSE:8331), Erste Group Bank AG (WBAG:EBS), Bank of Taiwan and Mega International Commercial Bank Co., Ltd. agreed to acquire Performing loan asset of CTBC Bank Co.,Ltd. for $60 million.The Chiba Bank, Ltd. (TSE:8331), Erste Group Bank AG (WBAG:EBS), Bank of Taiwan and Mega International Commercial Bank Co., Ltd. agreed to acquire Performing loan asset of CTBC Bank Co.,Ltd. for $60 million on February 12, 2025. A cash consideration of $60 million will be paid by The Chiba Bank, Ltd., Erste Group Bank AG, Bank Taiwan and Mega International Commercial Bank Co., Ltd. As part of consideration, $60 million is paid towards assets of Performing loan asset of CTBC Bank Co.,Ltd.
お知らせ • Dec 02Erste Group Bank AG, Annual General Meeting, May 21, 2025Erste Group Bank AG, Annual General Meeting, May 21, 2025.
Reported Earnings • Nov 01Third quarter 2024 earnings releasedThird quarter 2024 results: Revenue: €2.71b (up 6.9% from 3Q 2023). Net income: €886.0m (up 8.1% from 3Q 2023). Profit margin: 33% (in line with 3Q 2023). Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Banks industry in Europe.
お知らせ • Oct 28+ 4 more updatesErste Group Bank AG to Report First Half, 2025 Results on Aug 01, 2025Erste Group Bank AG announced that they will report first half, 2025 results on Aug 01, 2025
Reported Earnings • Aug 04Second quarter 2024 earnings released: EPS: €1.98 (vs €1.98 in 2Q 2023)Second quarter 2024 results: EPS: €1.98 (up from €1.98 in 2Q 2023). Revenue: €2.70b (up 1.6% from 2Q 2023). Net income: €846.0m (up 1.0% from 2Q 2023). Profit margin: 31% (in line with 2Q 2023). Revenue is forecast to grow 1.2% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • May 20Upcoming dividend of €2.70 per shareEligible shareholders must have bought the stock before 27 May 2024. Payment date: 29 May 2024. Payout ratio is a comfortable 37% but the company is not cash flow positive. Trailing yield: 5.7%. Within top quartile of German dividend payers (4.6%). In line with average of industry peers (6.3%).
Reported Earnings • Apr 30First quarter 2024 earnings released: EPS: €1.87 (vs €1.39 in 1Q 2023)First quarter 2024 results: EPS: €1.87 (up from €1.39 in 1Q 2023). Revenue: €2.69b (up 6.8% from 1Q 2023). Net income: €783.3m (up 32% from 1Q 2023). Profit margin: 29% (up from 24% in 1Q 2023). Revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 01Full year 2023 earnings released: EPS: €7.43 (vs €4.83 in FY 2022)Full year 2023 results: EPS: €7.43 (up from €4.83 in FY 2022). Revenue: €10.4b (up 26% from FY 2022). Net income: €3.00b (up 45% from FY 2022). Profit margin: 29% (up from 25% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 3.0% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
New Risk • Mar 01New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 5.9% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (3.4% increase in shares outstanding).
Reported Earnings • Oct 30Third quarter 2023 earnings released: EPS: €1.92 (vs €1.19 in 3Q 2022)Third quarter 2023 results: EPS: €1.92 (up from €1.19 in 3Q 2022). Revenue: €2.54b (up 31% from 3Q 2022). Net income: €819.7m (up 61% from 3Q 2022). Profit margin: 32% (up from 26% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.2% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.
お知らせ • Oct 14Erste Group Bank AG to Report Fiscal Year 2023 Results on Feb 29, 2024Erste Group Bank AG announced that they will report fiscal year 2023 results on Feb 29, 2024
お知らせ • Oct 13+ 3 more updatesErste Group Bank AG to Report First Half, 2024 Results on Aug 02, 2024Erste Group Bank AG announced that they will report first half, 2024 results on Aug 02, 2024
お知らせ • Oct 18Erste Group Bank AG to Report Nine Months, 2023 Results on Oct 30, 2023Erste Group Bank AG announced that they will report nine months, 2023 results on Oct 30, 2023