VTB Bank (public joint-stock company), together with its subsidiaries, provides various banking products and services in Russia, OECD, and internationally.
Very undervalued with excellent balance sheet and pays a dividend.
Share Price & News
How has VTB Bank's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: KYM1's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: KYM1 exceeded the German Banks industry which returned -33.2% over the past year.
Return vs Market: KYM1 underperformed the German Market which returned -17.7% over the past year.
Price Volatility Vs. Market
How volatile is VTB Bank's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is VTB 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: KYM1 (€0.7) is trading below our estimate of fair value (€2.05)
Significantly Below Fair Value: KYM1 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: KYM1 is good value based on its PE Ratio (2.2x) compared to the Banks industry average (15.1x).
PE vs Market: KYM1 is good value based on its PE Ratio (2.2x) compared to the German market (16.4x).
Price to Earnings Growth Ratio
PEG Ratio: KYM1 is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: KYM1 is good value based on its PB Ratio (0.4x) compared to the DE Banks industry average (0.7x).
How is VTB Bank forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: KYM1's forecast earnings growth (2.6% per year) is above the savings rate (-0.4%).
Earnings vs Market: KYM1's earnings (2.6% per year) are forecast to grow slower than the German market (14.3% per year).
High Growth Earnings: KYM1's earnings are forecast to grow, but not significantly.
Revenue vs Market: KYM1's revenue (8.9% per year) is forecast to grow faster than the German market (4.1% per year).
High Growth Revenue: KYM1's revenue (8.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: KYM1's Return on Equity is forecast to be low in 3 years time (12.4%).
How has VTB Bank performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KYM1 has a high level of non-cash earnings.
Growing Profit Margin: KYM1's current net profit margins (33.9%) are higher than last year (31.3%).
Past Earnings Growth Analysis
Earnings Trend: KYM1 has become profitable over the past 5 years, growing earnings by 52.2% per year.
Accelerating Growth: KYM1's earnings growth over the past year (11.9%) is below its 5-year average (52.2% per year).
Earnings vs Industry: KYM1 earnings growth over the past year (11.9%) exceeded the Banks industry 0.7%.
Return on Equity
High ROE: KYM1's Return on Equity (12.2%) is considered low.
How is VTB Bank's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: KYM1 has a low level of unsold assets or inventory.
Debt Coverage by Assets: KYM1's debt is covered by short term assets (assets are 1.7x debt).
Financial Institutions Analysis
Asset Level: KYM1's level of assets compared to its equity is low.
Allowance for Bad Loans: KYM1 has a sufficient allowance for bad loans.
Low Risk Liabilities: KYM1's liabilities are made up of primarily low risk sources of funding.
Loan Level: KYM1 has an acceptable proportion of non-loan assets held.
Low Risk Deposits: KYM1's loans are broadly funded by customer deposits.
Level of Bad Loans: KYM1 has a high level of bad loans (4.81%)
What is VTB Bank's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: KYM1's dividend (3.49%) is higher than the bottom 25% of dividend payers in the German market (1.7%).
High Dividend: KYM1's dividend (3.49%) is low compared to the top 25% of dividend payers in the German market (4.97%).
Stability and Growth of Payments
Stable Dividend: KYM1's dividend payments have been volatile in the past 10 years.
Growing Dividend: KYM1's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (7.6%), KYM1's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: KYM1's dividends in 3 years are forecast to be well covered by earnings (30.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Andrey Kostin (63yo)
Mr. Andrey Leonidovich Kostin serves as the President of VTB Capital plc. Mr. Kostin served as the President of VTB BANK at VTB Capital Inc. Mr. Kostin founded the Russian Investment and Finance Company (R ...
|President||17.75yrs||no data||0.0018% RUB84.7k|
|Deputy President & Chairman of Management Board||8.33yrs||no data||no data|
|First Deputy President & Chairman of Management Board||11.25yrs||no data||0.00030% RUB13.9k|
|Deputy President & Chairman of the Management Board||3.67yrs||no data||no data|
|First Deputy President & Chairman of Management Board||8.83yrs||no data||0.018% RUB842.7k|
|Deputy President & Chairman of Management Board||3.58yrs||no data||0.00046% RUB21.3k|
|Deputy President & Chairman of Management Board||2.67yrs||no data||0.000010% RUB463.0|
|Deputy President & Chairman of the Management Board||0.42yr||no data||no data|
|Member of Management Board||10.5yrs||no data||no data|
|Member of Management Board||4.33yrs||no data||no data|
Experienced Management: KYM1's management team is seasoned and experienced (6.3 years average tenure).
|President||17.75yrs||no data||0.0018% RUB84.7k|
|Independent Member of the Supervisory Council||6.75yrs||no data||no data|
|Member of the Supervisory Council||8.75yrs||no data||no data|
|Member of the Supervisory Council||1.83yrs||no data||0.00025% RUB11.6k|
|Member of the Supervisory Council||12.92yrs||no data||no data|
|Independent Member of the Supervisory Council||1.83yrs||no data||no data|
|Chairman of the Supervisory Council||2.92yrs||no data||no data|
|Independent Member of Supervisory Council||6.75yrs||no data||no data|
|Supervisory Board Member||5.75yrs||no data||no data|
|Chairman of the Statutory Audit Commission||no data||no data||no data|
Experienced Board: KYM1's board of directors are considered experienced (6.8 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.
VTB Bank (public joint-stock company)'s company bio, employee growth, exchange listings and data sources
- Name: VTB Bank (public joint-stock company)
- Ticker: KYM1
- Exchange: DB
- Founded: 1990
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: US$5.108b
- Listing Market Cap: US$4.630b
- Shares outstanding: 6.48b
- Website: https://www.vtb.com/o-banke
Number of Employees
- VTB Bank (public joint-stock company)
- 43, Building.1
- Vorontsovskaya Street
- Moskovskaya obl.
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|VTBR||LSE (London Stock Exchange)||Yes||GDR (EACH REPR 2000 ORDS)(REGS)||GB||USD||May 2007|
|KYM1||DB (Deutsche Boerse AG)||Yes||GDR (EACH REPR 2000 ORDS)(REGS)||DE||EUR||May 2007|
|VTBRL||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||GDR (EACH REPR 2000 ORDS)(REGS)||GB||USD||May 2007|
|VTBR||WBAG (Wiener Boerse AG)||Yes||GDR (EACH REPR 2000 ORDS)(REGS)||AT||EUR||May 2007|
|VTBR||MISX (Micex - Rts)||Ordinary Shares||RU||RUB||May 2007|
|RU_VTBR||KAS (Kazakhstan Stock Exchange)||Ordinary Shares||KZ||KZT||May 2007|
VTB Bank (public joint-stock company), together with its subsidiaries, provides various banking products and services in Russia, OECD, and internationally. The company operates five segments: Corporate-Investment Banking, Medium and Small Banking, Retail Business, Treasury, and Other Business. It offers standard term deposits, structured deposits, promissory notes, certificates of deposit, and corporate overnight accounts, as well as placement of funds on current accounts; and term loans, credit lines, overdraft loans, complex loan products, and consultancy services, as well as loans to the mining industry. The company also provides factoring, leasing, pension fund, registrar, and investment banking products and services; insurance solutions for corporates and small businesses; cash management products and services; investment products and services, including debt and equity capital market products, corporate finance, securitization, commodities, credit derivatives, equities, equity repo and structured finance, private equity and special situation solutions, infrastructure and project finance, portfolio management, and venture investment services; documentary and depository services; and credit operations through remote banking systems. In addition, it offers payment cards, payment processing, custody, syndication, trade and export finance, anti money laundering and counter terrorist financing policies, construction and development services, treasury, electronic banking, and bank cards. VTB Bank (public joint-stock company) was founded in 1990 and is headquartered in Moscow, Russia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/30 21:46|
|End of Day Share Price||2020/03/30 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.