VTB Bank (public joint-stock company), together with its subsidiaries, provides various banking products and services in Russia, OECD, and internationally. More Details
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: VTBR has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: VTBR exceeded the UK Banks industry which returned -44.6% over the past year.
Return vs Market: VTBR underperformed the UK Market which returned -13.2% 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
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: VTBR ($0.9) is trading below our estimate of fair value ($1.67)
Significantly Below Fair Value: VTBR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: VTBR is good value based on its PE Ratio (2.8x) compared to the GB Banks industry average (8.5x).
PE vs Market: VTBR is good value based on its PE Ratio (2.8x) compared to the UK market (17.3x).
Price to Earnings Growth Ratio
PEG Ratio: VTBR is good value based on its PEG Ratio (0.2x)
Price to Book Ratio
PB vs Industry: VTBR is good value based on its PB Ratio (0.3x) compared to the GB Banks industry average (0.5x).
How is VTB Bank forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: VTBR's forecast earnings growth (12.5% per year) is above the savings rate (1.2%).
Earnings vs Market: VTBR's earnings (12.5% per year) are forecast to grow slower than the UK market (23.7% per year).
High Growth Earnings: VTBR's earnings are forecast to grow, but not significantly.
Revenue vs Market: VTBR's revenue (8.7% per year) is forecast to grow faster than the UK market (6.2% per year).
High Growth Revenue: VTBR's revenue (8.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: VTBR's Return on Equity is forecast to be low in 3 years time (10.8%).
How has VTB Bank performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VTBR has a high level of non-cash earnings.
Growing Profit Margin: VTBR's current net profit margins (28.6%) are higher than last year (28.3%).
Past Earnings Growth Analysis
Earnings Trend: VTBR has become profitable over the past 5 years, growing earnings by 42.4% per year.
Accelerating Growth: VTBR's earnings growth over the past year (8.4%) is below its 5-year average (42.4% per year).
Earnings vs Industry: VTBR earnings growth over the past year (8.4%) exceeded the Banks industry -28.1%.
Return on Equity
High ROE: VTBR's Return on Equity (9.7%) 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
Financial Institutions Analysis
Asset Level: VTBR's Assets to Equity ratio (9.6x) is low.
Allowance for Bad Loans: VTBR has a sufficient allowance for bad loans (132%).
Low Risk Liabilities: 80% of VTBR's liabilities are made up of primarily low risk sources of funding.
Loan Level: VTBR has an appropriate level of Loans to Assets ratio (66%).
Low Risk Deposits: VTBR's Loans to Deposits ratio (92%) is appropriate.
Level of Bad Loans: VTBR has a high level of bad loans (5.2%).
What is VTB Bank current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: VTBR's dividend (2.28%) is higher than the bottom 25% of dividend payers in the UK market (1.86%).
High Dividend: VTBR's dividend (2.28%) is low compared to the top 25% of dividend payers in the UK market (5.16%).
Stability and Growth of Payments
Stable Dividend: VTBR's dividend payments have been volatile in the past 10 years.
Growing Dividend: VTBR's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (6.3%), VTBR's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: VTBR's dividends in 3 years are forecast to be well covered by earnings (24% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Andrey Kostin (64 yo)
Mr. Andrey Leonidovich Kostin serves as Director at Rostelecom PJSC since August 7, 2020. Mr. Kostin serves as the President of VTB Capital plc. Mr. Kostin served as the President of VTB BANK at VTB Capita ...
|President||18.25yrs||no data||0.0018% |
|Deputy President & Chairman of Management Board||8.83yrs||no data||no data|
|First Deputy President & Chairman of Management Board||11.75yrs||no data||0.00030% |
|Deputy President & Chairman of the Management Board||4.17yrs||no data||0% |
|First Deputy President & Chairman of Management Board||9.33yrs||no data||0.018% |
|Deputy President & Chairman of Management Board||4.08yrs||no data||0.00046% |
|Deputy President & Chairman of Management Board||3.17yrs||no data||0.000010% |
|Deputy President & Chairman of the Management Board||0.92yr||no data||no data|
|Member of Management Board||11yrs||no data||no data|
|Member of Management Board||4.83yrs||no data||no data|
|Member of Management Board||1.83yrs||no data||no data|
|Member of Management Board||0.25yr||no data||no data|
Experienced Management: VTBR's management team is considered experienced (4.5 years average tenure).
|President||18.25yrs||no data||0.0018% |
|Independent Member of the Supervisory Council||7.25yrs||no data||no data|
|Member of the Supervisory Council||9.25yrs||no data||no data|
|Member of the Supervisory Council||2.33yrs||no data||0.00025% |
|Member of the Supervisory Council||13.42yrs||no data||no data|
|Independent Member of the Supervisory Council||2.33yrs||no data||0% |
|Member of the Supervisory Council||2.33yrs||no data||no data|
|Chairman of the Supervisory Council||3.42yrs||no data||no data|
|Independent Member of Supervisory Council||7.25yrs||no data||no data|
|Supervisory Board Member||6.25yrs||no data||no data|
|Chairman of the Statutory Audit Commission||no data||no data||no data|
|Member of Supervisory Council||1.25yrs||no data||no data|
Experienced Board: VTBR's board of directors are considered experienced (6.3 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: VTBR
- Exchange: LSE
- Founded: 1990
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: US$5.824b
- 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||SPON GDR REG S||GB||USD||May 2007|
|KYM1||DB (Deutsche Boerse AG)||Yes||SPON GDR REG S||DE||EUR||May 2007|
|VTBRL||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||SPON GDR REG S||GB||USD||May 2007|
|VTBR||WBAG (Wiener Boerse AG)||Yes||SPON GDR REG S||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-Inv ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/18 04:08|
|End of Day Share Price||2020/09/17 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.