BATS-CHIXE:RBIV

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Raiffeisen Bank International

Executive Summary

Raiffeisen Bank International AG, together with its subsidiaries, provides corporate, retail, and investment banking services. More Details


Snowflake Analysis

Undervalued established dividend payer.


Similar Companies

Share Price & News

How has Raiffeisen Bank International's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: RBIV is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: RBIV's weekly volatility (7%) has been stable over the past year.


Market Performance


7 Day Return

6.2%

RBIV

3.1%

GB Banks

-0.3%

GB Market


1 Year Return

-23.3%

RBIV

-30.2%

GB Banks

-11.0%

GB Market

Return vs Industry: RBIV exceeded the UK Banks industry which returned -28.6% over the past year.

Return vs Market: RBIV underperformed the UK Market which returned -10% over the past year.


Shareholder returns

RBIVIndustryMarket
7 Day6.2%3.1%-0.3%
30 Day32.1%24.9%10.2%
90 Day7.4%23.9%6.4%
1 Year-23.3%-23.3%-30.0%-30.2%-7.4%-11.0%
3 Year-40.4%-44.4%-35.8%-42.0%0.9%-11.5%
5 Year19.3%11.4%-19.8%-33.0%26.5%-2.5%

Long-Term Price Volatility Vs. Market

How volatile is Raiffeisen Bank International's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Raiffeisen Bank International undervalued compared to its fair value and its price relative to the market?

9.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: RBIV (€16.63) is trading below our estimate of fair value (€18.43)

Significantly Below Fair Value: RBIV is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: RBIV is good value based on its PE Ratio (6.1x) compared to the GB Banks industry average (11.2x).

PE vs Market: RBIV is good value based on its PE Ratio (6.1x) compared to the UK market (20.4x).


Price to Earnings Growth Ratio

PEG Ratio: RBIV is good value based on its PEG Ratio (0.5x)


Price to Book Ratio

PB vs Industry: RBIV is good value based on its PB Ratio (0.4x) compared to the GB Banks industry average (0.6x).


Next Steps

Future Growth

How is Raiffeisen Bank International forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?

13.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: RBIV's forecast earnings growth (13.5% per year) is above the savings rate (1.2%).

Earnings vs Market: RBIV's earnings (13.5% per year) are forecast to grow slower than the UK market (27.3% per year).

High Growth Earnings: RBIV's earnings are forecast to grow, but not significantly.

Revenue vs Market: RBIV's revenue (3% per year) is forecast to grow slower than the UK market (6.7% per year).

High Growth Revenue: RBIV's revenue (3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: RBIV's Return on Equity is forecast to be low in 3 years time (7.7%).


Next Steps

Past Performance

How has Raiffeisen Bank International performed over the past 5 years?

24.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RBIV has high quality earnings.

Growing Profit Margin: RBIV's current net profit margins (18.2%) are lower than last year (18.7%).


Past Earnings Growth Analysis

Earnings Trend: RBIV has become profitable over the past 5 years, growing earnings by 24.3% per year.

Accelerating Growth: RBIV's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: RBIV had negative earnings growth (-3%) over the past year, making it difficult to compare to the Banks industry average (-25.7%).


Return on Equity

High ROE: RBIV's Return on Equity (7.6%) is considered low.


Next Steps

Financial Health

How is Raiffeisen Bank International's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: RBIV's Assets to Equity ratio (11.7x) is moderate.

Allowance for Bad Loans: RBIV has a low allowance for bad loans (91%).

Low Risk Liabilities: 85% of RBIV's liabilities are made up of primarily low risk sources of funding.

Loan Level: RBIV has an appropriate level of Loans to Assets ratio (62%).

Low Risk Deposits: RBIV's Loans to Deposits ratio (79%) is appropriate.

Level of Bad Loans: RBIV has a high level of bad loans (2.7%).


Next Steps

Dividend

What is Raiffeisen Bank International current dividend yield, its reliability and sustainability?

6.04%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: RBIV's dividend (6.04%) is higher than the bottom 25% of dividend payers in the UK market (1.72%).

High Dividend: RBIV's dividend (6.04%) is in the top 25% of dividend payers in the UK market (4.94%)


Stability and Growth of Payments

Stable Dividend: RBIV's dividend payments have been volatile in the past 10 years.

Growing Dividend: RBIV's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (37.1%), RBIV's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: RBIV's dividends in 3 years are forecast to be well covered by earnings (36.5% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.7yrs

Average management tenure


CEO

Johann Strobl (61 yo)

3.67yrs

Tenure

€2,146,000

Compensation

Dr. Johann Strobl serves as Deputy Chair of Supervisory Board at Oesterreichische Kontrollbank AG since 2020. Dr. Strobl has been 2nd Deputy Chairman of Supervisory Board at UNIQA Insurance Group AG since ...


CEO Compensation Analysis

Compensation vs Market: Johann's total compensation ($USD2.56M) is about average for companies of similar size in the UK market ($USD3.07M).

Compensation vs Earnings: Johann's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Johann Strobl
Chairman of the Management Board & CEO3.67yrs€2.15mno data
Peter Lennkh
Member of Management Board & Corporate Banking Executive16.08yrs€1.77mno data
Andreas Gschwenter
COO, Chief Information Officer & Member of Management Board5.33yrs€1.67mno data
Hannes Mosenbacher
Chief Risk Officer & Member of Management Board3.67yrs€1.47mno data
Andrii Stepanenko
Member of Management Board & Retail Banking Executive2.67yrs€1.28mno data
Lukasz Januszewski
Member of Management Board & Markets & Investment Banking Executive2.67yrs€1.23mno data
Harald Schönauer
Head of Investment Banking0.083yrno datano data
Helmut Breit
Head of Corporate Financeno datano datano data
Susanne E. Langer
Head of Group Investor Relationsno datano datano data
Christoph Lehner
Head of Group Complianceno datano datano data
Ingrid Krenn-Ditz
Head of Group Communicationsno datano datano data
Michael Palzer
Head of PRno datano datano data

3.7yrs

Average Tenure

49.5yo

Average Age

Experienced Management: RBIV's management team is considered experienced (3.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Erwin Hameseder
Independent Chairman of the Supervisory Board3.42yrs€151.00kno data
Klaus Buchleitner
Independent Supervisory Board Member7.42yrs€64.00kno data
Helge Rechberger
Independent Member of Supervisory Board10.08yrsno datano data
Peter Anzeletti-Reikl
Independent Member of Supervisory Board10.08yrsno datano data
Heinrich Schaller
Independent Second Deputy Chairman of the Supervisory Board8.42yrs€114.00kno data
Eva Eberhartinger
Independent Supervisory Board Member3.42yrs€87.00kno data
Rudolf Kortenhof
Independent Member of Supervisory Board10.08yrsno datano data
Robert Lutschounig
Chairman of Advisory Council1.83yrsno datano data
Birgit Noggler
Independent Supervisory Board Member3.42yrs€97.00kno data
Volkmar Angermeier
Deputy Chairman of the Advisory Council0.83yrno datano data
Susanne Unger
Independent Member of Supervisory Board8.75yrsno datano data
Martin Schaller
Independent First Deputy Chairman of the Supervisory Board6.42yrs€121.00kno data

6.9yrs

Average Tenure

57.5yo

Average Age

Experienced Board: RBIV's board of directors are considered experienced (6.9 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Raiffeisen Bank International AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Raiffeisen Bank International AG
  • Ticker: RBIV
  • Exchange: BATS-CHIXE
  • Founded:
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: €5.439b
  • Shares outstanding: 328.62m
  • Website: https://www.rbinternational.com

Number of Employees


Location

  • Raiffeisen Bank International AG
  • Am Stadtpark 9
  • Vienna
  • Vienna
  • 1030
  • Austria

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RBIWBAG (Wiener Boerse AG)YesBearer SharesATEURApr 2005
RAWDB (Deutsche Boerse AG)YesBearer SharesDEEURApr 2005
RAIF.FOTCPK (Pink Sheets LLC)YesBearer SharesUSUSDApr 2005
0NXRLSE (London Stock Exchange)YesBearer SharesGBEURApr 2005
RAWXTRA (XETRA Trading Platform)YesBearer SharesDEEURApr 2005
RBIVBATS-CHIXE (BATS 'Chi-X Europe')YesBearer SharesGBEURApr 2005
RBISWX (SIX Swiss Exchange)YesBearer SharesCHCHFApr 2005
RAWETLX (Eurotlx)YesBearer SharesITEURApr 2005
RBISEP (The Stock Exchange Prague Co. Ltd.)YesBearer SharesCZCZKApr 2005
RAIF.YOTCPK (Pink Sheets LLC)UNSP ADR EA REPR 0.25 ORD SHSUSUSDNov 2009
RAW0DB (Deutsche Boerse AG)UNSP ADR EA REPR 0.25 ORD SHSDEEURNov 2009

Biography

Raiffeisen Bank International AG, together with its subsidiaries, provides corporate, retail, and investment banking services. The company offers cash management services, such as account, reporting, clear...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/26 18:39
End of Day Share Price2020/11/25 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.