Sector: Financial Services
RU_LEAS
Shares: connector/market_inputs
| Period | Issues |
|---|---|
| 2023-03-31 Q1 | ✗Errors 1 |
| 2023-06-30 Q2 | ✗Errors 1 |
| 2023-09-30 Q3 | ✗Errors 1 |
| 2023-12-31 FY | ✗Errors 1 |
| 2023-12-31 Q4 | ✗Errors 1 |
| 2024-03-31 Q1 | ✗Errors 1 |
| 2024-06-30 Q2 | ✗Errors 1 |
| 2024-09-30 Q3 | ⚠Warn 1 |
| 2024-12-31 FY | ✗Errors 1 |
| 2024-12-31 Q4 | ✓OK |
| 2025-03-31 Q1 | ✗Errors 2 |
| 2025-06-30 Q2 | ✓OK |
| 2025-09-30 Q3 | ✓OK |
| 2025-12-31 FY | ✓OK |
| 2025-12-31 Q4 | ✓OK |
| 2026-03-31 Q1 | ✗Errors 1Warn 1 |
Monetary columns are in M USD, one decimal; scale (K/M/B/T) keeps values readable. For the period (default) shows P&L and cash flow for that row’s reporting window: quarterly amounts when the feed uses quarter-duration facts (typical US 10-Q revenue and income), quarterly cash flows after stripping YTD where only cumulative tags exist, and an implied Q4 on 31 Dec FY rows (P&L: FY minus Q1–Q3; operating / investing cash flow: FY 12m minus 9M YTD to 30 Sep when sourced from SEC builder evidence) so they match 10-Q scale. Some issuers still use cumulative YTD minus the prior row in the same calendar year. As reported shows values stored on each row (e.g. full-year on FY). Balance sheet is always as reported. Source JSON may use millions etc.; conversion uses amounts_unit per row.
| Date | Period | Status | Net interest incomeM USD | Net profitM USD | AssetsM USD | EquityM USD | ROE (annualized) | Source |
|---|---|---|---|---|---|---|---|---|
| 2026-03-31 | Q1 2026 (3M) | OK | 59.1 y/y -33.5% | 25.9 y/y 33.4% | 2651.0 y/y -33.8% | 620.7 y/y -12.8% | 17.1% | Report (PDF) |
| 2025-12-31 | Q4 2025 (3M) | OK | 67.7 y/y -30.7% | 30.7 y/y -39.4% | 2879.7 y/y -32.0% | 594.9 y/y -16.2% | 11.5% | Report (PDF) |
| 2025-09-30 | Q3 2025 (3M) | OK | 71.1 y/y -23.8% | 14.8 y/y -58.1% | 3210.5 y/y -25.1% | 657.7 y/y -13.1% | 3.0% | Report (PDF) |
| 2025-06-30 | Q2 2025 (3M) | OK | 78.5 y/y -10.7% | 7.0 y/y -88.5% | 3593.4 y/y -13.3% | 647.4 y/y -9.9% | 4.1% | Report (PDF) |
| 2025-03-31 | Q1 2025 (3M) | OK | 88.8 y/y 10.9% | 19.4 y/y -68.5% | 4006.4 y/y — | 712.0 y/y — | 10.9% | Report (PDF) |
| 2024-12-31 | Q4 2024 (3M) | OK | 97.7 y/y 38.0% | 50.7 y/y -9.1% | 4236.5 y/y 14.1% | 709.9 y/y 13.3% | 28.5% | Report (PDF) |
| 2024-09-30 | Q3 2024 (3M) | OK | 93.3 y/y 46.8% | 35.4 y/y -30.3% | 4288.2 y/y — | 756.7 y/y — | 6.4% | Report (PDF) |
| 2024-06-30 | Q2 2024 (3M) | OK | 87.8 y/y 52.9% | 61.4 y/y 18.3% | 4145.3 y/y 35.1% | 718.9 y/y 31.2% | — | Report (PDF) |
| 2024-03-31 | Q1 2024 (3M) | OK | 80.1 y/y 42.2% | 61.7 y/y 25.6% | — y/y — | — y/y — | — | Report (PDF) |
| 2023-12-31 | Q4 2023 (3M) | OK | 70.8 y/y — | 55.8 y/y — | 3712.4 y/y — | 626.7 y/y — | — | Report (PDF) |
| 2023-09-30 | Q3 2023 (3M) | OK | 63.5 y/y — | 50.7 y/y — | — y/y — | — y/y — | — | Report (PDF) |
| 2023-06-30 | Q2 2023 (3M) | OK | 57.5 y/y — | 51.9 y/y — | 3069.4 y/y — | 547.9 y/y — | — | Report (PDF) |
| 2023-03-31 | Q1 2023 (3M) | OK | 56.3 y/y — | 49.1 y/y — | — y/y — | — y/y — | — | Report (PDF) |
IFRS decomposition: interest, fee and trading result with provisions, costs and the recurring/non-recurring profit split (bn RUB). Source: eninvs.com.
| Item, bn RUB | 2023 | 2024 | 2025 | YoY |
|---|---|---|---|---|
| Interest income | 35.5 | 55.4 | 55.2 | -0% |
| Interest expense | -17.8 | -29.8 | -33.3 | -12% |
| Net interest income | 17.7 | 25.6 | 21.8 | -15% |
| Credit-loss provisions | -2.3 | -9.1 | -21.9 | -141% |
| NII after provisions | 15.4 | 16.5 | -0.1 | -100% |
| Fee & commission income | 13.9 | 17.4 | 20.0 | +15% |
| Fee & commission expense | -1.1 | -1.5 | -1.9 | -24% |
| Net fee & commission income | 12.8 | 15.9 | 18.1 | +14% |
| Operating income | 31.6 | 43.0 | 41.9 | -3% |
| Administrative & other expenses (SG&A) | -9.3 | -10.9 | -11.0 | -0% |
| Profit before tax | 18.8 | 21.5 | 7.1 | -67% |
| Income tax | -4.0 | -4.3 | -1.9 | +55% |
| Net profit | 14.8 | 14.9 | 5.1 | -66% |
| Key ratios (annual) | ||||
| ROE | 37.7% | 31.3% | 11.0% | -20.3 pp |
| Cost of risk (CoR) | 1.18% | 3.74% | 10.28% | +6.5 pp |
| Cost-to-income (CIR) | 29.5% | 25.4% | 26.2% | +0.8 pp |
| Net interest margin (NIM) | 7.79% | 9.03% | 8.60% | -0.4 pp |
ROE = net profit ×4 / avg equity; CoR = provisions ×4 / avg credit portfolio; CIR = admin expense / operating income; NIM = NII ×4 / avg assets.
| Quarter | 24/06 Q2 | 24/09 Q3 | 24/12 Q4 | 25/03 Q1 | 25/06 Q2 | 25/09 Q3 | 25/12 Q4 | 26/03 Q1 |
|---|---|---|---|---|---|---|---|---|
| P&L, bn RUB | ||||||||
| Net interest income | 6.3 | 6.7 | 7.0 | 6.3 | 5.6 | 5.1 | 4.8 | 4.2 |
| Provisions | -1.9 | -2.5 | -3.9 | -5.8 | -6.9 | -6.5 | -2.7 | -3.0 |
| Net fee income | 3.8 | 4.4 | 4.4 | 3.9 | 4.5 | 5.2 | 4.5 | 3.7 |
| Operating income | 10.6 | 11.4 | 11.8 | 10.6 | 10.6 | 10.8 | 9.8 | 8.3 |
| Admin (SG&A) | -2.7 | -2.8 | -2.8 | -2.5 | -2.6 | -2.4 | -3.5 | -2.4 |
| Net profit | 4.4 | 2.5 | 3.6 | 1.4 | 0.5 | 1.1 | 2.2 | 1.8 |
| Balance (period-end), bn RUB | ||||||||
| Credit portfolio | 257 | 261 | 256 | 228 | 202 | 183 | 170 | 152 |
| Other assets | 38.8 | 44.9 | 46.1 | 58.1 | 54.4 | 45.7 | 35.4 | 37.3 |
| Total assets | 296 | 306 | 302 | 286 | 256 | 229 | 205 | 189 |
| Equity | 51.3 | 54.0 | 50.6 | 50.8 | 46.2 | 46.9 | 42.4 | 44.3 |
| Key ratios (annualised) | ||||||||
| ROE (annualised) | 36.3% | 19.2% | 27.6% | 10.9% | 4.1% | 9.1% | 19.6% | 17.1% |
| Cost of risk (CoR) | 3.26% | 3.88% | 6.00% | 9.59% | 12.87% | 13.46% | 6.13% | 7.45% |
| Cost-to-income (CIR) | 25.5% | 24.7% | 23.8% | 24.0% | 24.2% | 22.2% | 35.3% | 29.4% |
| Net interest margin (NIM) | 9.07% | 8.85% | 9.17% | 8.62% | 8.26% | 8.36% | 8.89% | 8.54% |
Dividend-model upside: -58%
The payout is forecast from smoothed profit × payout ratio, capped by free cash flow (developers exempt — escrow) and floored at the recent actual dividend (companies hold payouts while profitable). Fair yield = key rate + the historical yield-spread to the rate (so growers that historically traded below the rate score higher). Upside = fair price / current − 1.
| 1 · Forecast dividend (per policy) | |
| Smoothed net profit (median YTD-ann./LTM/FY) | 6 bn RUB |
| Payout ratio | 55% |
| Free cash flow (FY, OCF − capex) | 94 bn RUB |
| Recent actual dividend (3-yr median) | 29.00 ₽ |
| = Forecast dividend per share | 29.00 ₽ |
| 2 · Fair yield (spread to key rate) | |
| CBR key rate | 14.5% |
| Historical yield spread to rate (3-yr median) | -10.8 pp |
| = Fair dividend yield (bank floor ≈ rate−3.5) | 11.0% |
| 3 · Valuation → upside | |
| Current price | 662 ₽ |
| Forecast dividend yield | 4.4% |
| Fair price (dividend-based) | 278 ₽ |
Forecast, not investment advice. Earnings annualization and policy assumptions are estimates.
No dividend rows found for this issuer.
Reporting forms detected in loaded periods: ✓ ✓ ✓ (Balance sheet / Profit or loss (P&L) / Cash flows)