Erste Group Bank AG provides a range of banking and other financial services to retail, corporate, real estate, and public sector customers in Austria, Central and Eastern Europe, and internationally. More Details
Undervalued with adequate balance sheet.
Share Price & News
How has Erste Group Bank's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: EBS's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: EBS underperformed the Austrian Banks industry which returned -32.4% over the past year.
Return vs Market: EBS underperformed the Austrian Market which returned -22.6% over the past year.
Price Volatility Vs. Market
How volatile is Erste Group Bank's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall StHere's What Erste Group Bank AG's (VIE:EBS) Shareholder Ownership Structure Looks Like
1 month ago | Simply Wall StErste Group Bank's (VIE:EBS) Shareholders Are Down 45% On Their Shares
3 months ago | Simply Wall StWhat To Know Before Buying Erste Group Bank AG (VIE:EBS) For Its Dividend
Is Erste Group Bank undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: EBS (€17.86) is trading below our estimate of fair value (€23.58)
Significantly Below Fair Value: EBS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: EBS is good value based on its PE Ratio (8.2x) compared to the AT Banks industry average (8.4x).
PE vs Market: EBS is good value based on its PE Ratio (8.2x) compared to the Austrian market (18.4x).
Price to Earnings Growth Ratio
PEG Ratio: EBS is good value based on its PEG Ratio (0.4x)
Price to Book Ratio
PB vs Industry: EBS's PB Ratio (0.4x) is in line with the AT Banks industry average.
How is Erste Group Bank forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: EBS's forecast earnings growth (21.7% per year) is above the savings rate (0.5%).
Earnings vs Market: EBS's earnings (21.7% per year) are forecast to grow slower than the Austrian market (26.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: EBS's revenue (3.8% per year) is forecast to grow slower than the Austrian market (4.8% per year).
High Growth Revenue: EBS's revenue (3.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: EBS's Return on Equity is forecast to be low in 3 years time (6.2%).
How has Erste Group Bank performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EBS has a high level of non-cash earnings.
Growing Profit Margin: EBS's current net profit margins (14.5%) are lower than last year (23.4%).
Past Earnings Growth Analysis
Earnings Trend: EBS has become profitable over the past 5 years, growing earnings by 12.3% per year.
Accelerating Growth: EBS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: EBS had negative earnings growth (-44.6%) over the past year, making it difficult to compare to the Banks industry average (-32.4%).
Return on Equity
High ROE: EBS's Return on Equity (6.3%) is considered low.
How is Erste Group Bank's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: EBS's Assets to Equity ratio (12.5x) is moderate.
Allowance for Bad Loans: EBS has a low allowance for bad loans (89%).
Low Risk Liabilities: 82% of EBS's liabilities are made up of primarily low risk sources of funding.
Loan Level: EBS has an appropriate level of Loans to Assets ratio (71%).
Low Risk Deposits: EBS's Loans to Deposits ratio (95%) is appropriate.
Level of Bad Loans: EBS has a high level of bad loans (2.1%).
What is Erste Group Bank current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: Unable to evaluate EBS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate EBS's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if EBS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if EBS's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: EBS is not paying a notable dividend for the Austrian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of EBS's dividend in 3 years as they are not forecast to pay a notable one for the Austrian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Bernhard Spalt (52 yo)
Mr. Bernhard Spalt has been Chairman of Management Board and Chief Executive Officer at Erste Group Bank AG since January 1, 2020. Mr. Spalt is a Member of Supervisory Board at Banca Comerciala Româna SA s ...
CEO Compensation Analysis
Compensation vs Market: Bernhard's total compensation ($USD901.28K) is below average for companies of similar size in the Austrian market ($USD1.70M).
Compensation vs Earnings: Insufficient data to compare Bernhard's compensation with company performance.
|Chairman of the Management Board & CEO||0.75yr||€765.10k||0.0012% |
|CFO & Member of Management Board||1.25yrs||€765.10k||0.00020% |
|Chief Retail Officer & Member of the Management Board||5.75yrs||€1.13m||0.00037% |
|Chief Risk Officer & Member of Management Board||1.25yrs||€764.90k||0.000020% |
|Chief Corporates & Capital Markets Officer and Member of Management Board||1.25yrs||€764.40k||0.00076% |
|COO & Member of Management Board||0.75yr||no data||no data|
|Chief Digital Transformation Officer & Member of Management Board||0.75yr||no data||no data|
|Head of Corporate and Investment Banking Division||11.5yrs||€654.50k||no data|
|Head of Group Investor Relations||9.75yrs||no data||no data|
|Spokesperson & Head of Group External Communications||no data||no data||no data|
Experienced Management: EBS's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
|Independent Member of the Supervisory Board||15.42yrs||€85.00k||0.0060% |
|Independent Member of the Supervisory Board||13.42yrs||€70.00k||0.0080% |
|Independent Second Vice Chairman of Supervisory Board||3.42yrs||€123.00k||0.000060% |
|Chairman of the Supervisory Board||8.42yrs||€207.00k||0.00054% |
|1st Vice Chairman of the Supervisory Board||6.75yrs||€129.00k||0.0011% |
|Independent Member of the Supervisory Board||6.42yrs||€70.00k||no data|
|Employee Representative of the Supervisory Board||12.17yrs||no data||0.000010% |
|Employee Representative of the Supervisory Board||12.17yrs||no data||no data|
|Employee Representative Member of the Supervisory Board||8.92yrs||no data||0.000040% |
|Independent Member of the Supervisory Board||6.42yrs||€83.00k||no data|
|Employee Representative of the Supervisory Board||12.17yrs||no data||0.000080% |
|Employee Representative of the Supervisory Board||5.42yrs||no data||0.000050% |
Experienced Board: EBS's board of directors are considered experienced (8.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Erste Group Bank AG's company bio, employee growth, exchange listings and data sources
- Name: Erste Group Bank AG
- Ticker: EBS
- Exchange: WBAG
- Founded: 1819
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: €7.291b
- Shares outstanding: 408.23m
- Website: https://www.erstegroup.com
Number of Employees
- Erste Group Bank AG
- Erste Campus
- Am Belvedere 1
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|EBKO.F||OTCPK (Pink Sheets LLC)||Yes||Common Stock||US||USD||Sep 1997|
|EBO||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Sep 1997|
|EBS||WBAG (Wiener Boerse AG)||Yes||Common Stock||AT||EUR||Sep 1997|
|ERBAG||SEP (The Stock Exchange Prague Co. Ltd.)||Yes||Common Stock||CZ||CZK||Sep 1997|
|0MJK||LSE (London Stock Exchange)||Yes||Common Stock||GB||EUR||Sep 1997|
|EBS||BVB (Bucharest Stock Exchange)||Yes||Common Stock||RO||RON||Sep 1997|
|EBSV||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Common Stock||GB||EUR||Sep 1997|
|EBS||SWX (SIX Swiss Exchange)||Yes||Common Stock||CH||CHF||Sep 1997|
|EBO N||BMV (Bolsa Mexicana de Valores)||Yes||Common Stock||MX||MXN||Sep 1997|
|EBO||ETLX (Eurotlx)||Yes||Common Stock||IT||EUR||Sep 1997|
|EBKD.Y||OTCPK (Pink Sheets LLC)||SPONSORED ADR||US||USD||Feb 2003|
Erste Group Bank AG provides a range of banking and other financial services to retail, corporate, real estate, and public sector customers in Austria, Central and Eastern Europe, and internationally. The ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/19 21:17|
|End of Day Share Price||2020/10/19 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.