MTS Bank is the retail-focused bank of the MTS group, offering consumer loans, credit cards, daily banking and payments integrated with the MTS ecosystem.
Sector: Financial Services
RU_MBNK
Shares: connector/market_inputs
Monetary columns are in B RUB, 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 incomeB RUB | Net profitB RUB | AssetsB RUB | EquityB RUB | ROE (annualized) | Source |
|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | Q2 2026 (3M) | OK | 14.4 y/y 34.8% | 4.7 y/y 89.7% | 692.8 y/y -7.9% | 106.7 y/y 14.0% | 17.6% | Report (PDF) |
| 2026-03-31 | Q1 2026 (3M) | OK | 14.3 y/y 64.9% | 2.5 y/y 157.9% | 767.2 y/y 22.2% | 108.3 y/y 15.5% | 9.3% | Report (PDF) |
| 2025-12-31 | Q4 2025 (3M) | OK | 14.6 y/y 54.5% | 5.0 y/y 882.4% | 754.5 y/y 25.2% | 106.8 y/y 14.9% | 13.8% | Report (PDF) |
| 2025-09-30 | Q3 2025 (3M) | OK | 12.0 y/y 6.8% | 6.0 y/y 46.6% | 789.1 y/y 42.2% | 102.7 y/y 11.0% | 8.2% | Report (PDF) |
| 2025-06-30 | Q2 2025 (3M) | OK | 10.7 y/y -4.4% | 2.5 y/y -36.2% | 752.5 y/y 55.6% | 93.5 y/y 4.6% | 10.7% | Report (PDF) |
| 2025-03-31 | Q1 2025 (3M) | OK | 8.7 y/y -10.2% | 1.0 y/y -74.9% | 627.9 y/y 29.0% | 93.7 y/y 24.8% | 4.2% | Report (PDF) |
| 2024-12-31 | Q4 2024 (3M) | OK | 9.5 y/y -61.6% | 0.5 y/y -94.0% | 602.5 y/y 25.5% | 92.9 y/y 30.4% | 13.3% | Report (PDF) |
| 2024-09-30 | Q3 2024 (3M) | OK | 11.3 y/y — | 4.1 y/y — | 555.0 y/y — | 92.6 y/y — | 6.0% | Report (PDF) |
| 2024-06-30 | Q2 2024 (3M) | OK | 11.2 y/y 20.4% | 3.9 y/y 30.0% | 483.5 y/y 0.0% | 89.4 y/y -11.0% | 19.0% | Report (PDF) |
| 2024-03-31 | Q1 2024 (3M) | OK | 9.7 y/y 16.5% | 3.9 y/y 34.8% | 486.7 y/y — | 75.1 y/y — | 21.1% | Report (PDF) |
| 2023-12-31 | Q4 2023 (3M) | OK | 24.6 y/y — | 8.4 y/y — | 480.1 y/y — | 71.3 y/y — | — | Report (PDF) |
| 2023-09-30 | Q3 2023 (3M) | OK | -6.3 y/y — | -1.8 y/y — | — y/y — | — y/y — | — | Report (PDF) |
| 2023-06-30 | Q2 2023 (3M) | OK | 9.3 y/y — | 3.0 y/y — | 483.5 y/y — | 100.4 y/y — | — | Report (PDF) |
| 2023-03-31 | Q1 2023 (3M) | OK | 8.3 y/y — | 2.9 y/y — | — y/y — | — y/y — | — | Evidence |
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 | 57.5 | 91.2 | 136 | +49% |
| Interest expense | -21.7 | -49.7 | -90.1 | -81% |
| Net interest income | 35.9 | 41.6 | 46.0 | +11% |
| Credit-loss provisions | -30.0 | -32.4 | -24.3 | +25% |
| NII after provisions | 10.0 | 10.7 | 21.2 | +99% |
| Fee & commission income | 30.8 | 32.1 | 23.8 | -26% |
| Fee & commission expense | -9.3 | -8.8 | -8.6 | +3% |
| Net fee & commission income | 21.4 | 23.2 | 15.2 | -35% |
| Financial instruments & investment result | 4.3 | 3.7 | 0.3 | -92% |
| Operating income | 66.7 | 73.6 | 69.8 | -5% |
| Administrative & other expenses (SG&A) | -20.1 | -24.6 | -23.9 | +3% |
| Profit before tax | 14.4 | 12.9 | 18.7 | +45% |
| Income tax | -1.9 | -0.6 | -4.3 | -643% |
| Net profit | 12.5 | 12.4 | 14.4 | +17% |
| of which recurring | 8.7 | 8.8 | 14.2 | +61% |
| of which non-recurring | 3.8 | 3.5 | 0.2 | -94% |
| Key ratios (annual) | ||||
| ROE | 19.1% | 15.1% | 14.5% | -0.6 pp |
| Cost of risk (CoR) | 10.17% | 8.83% | 6.72% | -2.1 pp |
| Cost-to-income (CIR) | 30.2% | 33.4% | 34.3% | +0.9 pp |
| Net interest margin (NIM) | 8.57% | 7.68% | 6.78% | -0.9 pp |
ROE = net profit ×4 / avg equity; CoR = provisions ×4 / avg credit portfolio; CIR = admin expense / operating income; NIM = NII ×4 / avg assets.
| Quarter | 24/09 Q3 | 24/12 Q4 | 25/03 Q1 | 25/06 Q2 | 25/09 Q3 | 25/12 Q4 | 26/03 Q1 | 26/06 Q2 |
|---|---|---|---|---|---|---|---|---|
| P&L, bn RUB | ||||||||
| Net interest income | 11.3 | 9.5 | 8.7 | 10.7 | 12.0 | 14.6 | 14.3 | 14.4 |
| Provisions | -7.8 | -8.4 | -5.0 | -6.0 | -6.5 | -6.8 | -8.1 | -7.1 |
| Net fee income | 5.3 | 4.8 | 4.0 | 3.8 | 4.0 | 3.4 | 3.2 | 3.5 |
| Financial instruments & investment | 1.2 | 1.6 | -2.1 | -0.3 | 2.3 | 0.4 | 0.6 | 0.0 |
| Operating income | 19.0 | 16.5 | 14.6 | 16.6 | 18.1 | 20.5 | 19.7 | 20.3 |
| Admin (SG&A) | -6.3 | -6.4 | -4.6 | -5.6 | -6.1 | -7.5 | -6.8 | -7.6 |
| Net profit | 4.1 | 0.5 | 1.0 | 2.5 | 6.0 | 5.0 | 2.5 | 4.7 |
| Balance (period-end), bn RUB | ||||||||
| Credit portfolio | 398 | 386 | 371 | 361 | 344 | 339 | 328 | 340 |
| Securities portfolio (bonds) | 67.1 | 78.8 | 125 | 283 | 296 | 301 | 271 | 238 |
| Customer deposits | 378 | 360 | 371 | 450 | 463 | 489 | 453 | 479 |
| Other assets | 89.6 | 138 | 132 | 109 | 149 | 114 | 168 | 115 |
| Total assets | 555 | 602 | 628 | 752 | 789 | 754 | 767 | 693 |
| Equity | 92.6 | 92.9 | 93.7 | 93.5 | 103 | 107 | 108 | 107 |
| Key ratios (annualised) | ||||||||
| ROE (annualised) | 17.0% | 2.2% | 4.2% | 10.7% | 24.5% | 19.0% | 9.3% | 17.6% |
| Cost of risk (CoR) | 8.36% | 8.60% | 5.28% | 6.54% | 7.44% | 8.00% | 9.68% | 8.49% |
| Cost-to-income (CIR) | 33.0% | 39.2% | 31.9% | 33.9% | 33.9% | 36.6% | 34.5% | 37.3% |
| Net interest margin (NIM) | 8.68% | 6.54% | 5.64% | 6.19% | 6.24% | 7.58% | 7.51% | 7.89% |
Our earnings breakdowns and investment notes on this issuer.
Bank of Russia form 0409135 · latest reporting date 01.08.2026 (July 2026) · not systemically important
| Date | Н1.0, % (headroom) | Н1.2, % (headroom) | Н1.1, % (headroom) | Н2, % | Н3, % | Н4, % | Status |
|---|---|---|---|---|---|---|---|
| 01.08.2026 | 12.41 (+2.91) | 11.44 (+3.94) | 8.99 (+2.99) | 119.48 | 88.00 | 30.80 | ok |
| 01.07.2026 | 12.53 (+3.03) | 11.64 (+4.14) | 9.24 (+3.24) | 91.93 | 92.98 | 30.22 | ok |
| 01.06.2026 | 12.54 (+3.04) | 11.68 (+4.18) | 9.28 (+3.28) | 93.46 | 88.23 | 30.33 | ok |
| 01.05.2026 | 12.26 (+2.76) | 11.39 (+3.89) | 9.08 (+3.08) | 112.44 | 79.67 | 31.09 | ok |
| 01.04.2026 | 12.27 (+2.77) | 11.47 (+3.98) | 9.20 (+3.19) | 106.28 | 81.25 | 31.18 | ok |
| 01.03.2026 | 12.45 (+2.95) | 11.12 (+3.62) | 8.80 (+2.80) | 84.20 | 91.25 | 35.48 | ok |
| 01.02.2026 | 12.26 (+2.76) | 11.06 (+3.56) | 8.76 (+2.76) | 106.69 | 75.03 | 36.21 | ok |
| 01.01.2026 | 12.14 (+2.64) | 10.92 (+3.42) | 8.66 (+2.66) | 129.03 | 73.85 | 39.21 | ok |
| 01.12.2025 | 11.46 (+2.46) | 10.46 (+3.46) | 8.30 (+2.80) | 120.69 | 75.31 | 39.62 | ok |
| 01.11.2025 | 11.30 (+2.30) | 10.43 (+3.42) | 8.28 (+2.78) | 70.52 | 90.95 | 40.03 | ok |
| 01.10.2025 | 11.34 (+2.34) | 10.41 (+3.41) | 8.26 (+2.76) | 82.09 | 79.44 | 39.77 | ok |
| 01.09.2025 | 11.06 (+2.06) | 10.10 (+3.10) | 8.02 (+2.52) | 120.60 | 77.41 | 39.99 | ok |
CBR reporting dates are the 1st of the month, i.e. the previous month's close. Figures in brackets are headroom over the minimum incl. buffers; «r» marks a value taken from the bank's own release (clickable). N20.x are banking-group ratios, N2/N3/N4 are liquidity ratios, N27 is the NSTLR.
Potential discount −10% (factor 0.90)
This company's ranking potential is scaled down by a quality/governance factor from the signals below — de-prioritising 'cheap but problematic' names.
Dividend-model upside: -4%
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) | 14 bn RUB |
| Payout ratio | 24% |
| Recent actual dividend (3-yr median) | 96.12 ₽ |
| = Forecast dividend per share | 96.12 ₽ |
| 2 · Fair yield (spread to key rate) | |
| CBR key rate | 14.0% |
| Historical yield spread to rate (3-yr median) | -9.2 pp |
| = Fair dividend yield (bank floor ≈ rate−3.5) | 10.5% |
| 3 · Valuation → upside | |
| Current price | 950 ₽ |
| Forecast dividend yield | 10.1% |
| Fair price (dividend-based) | 915 ₽ |
Forecast, not investment advice. Earnings annualization and policy assumptions are estimates.
Paid, trailing 12-mo: 96.12 RUB/sh · 10.1%
| Pay year | Dividend /sh | |
|---|---|---|
| 2026 | 96.12 ₽ | |
| 2025 | 89.31 ₽ |
| Period | Ex-date | /sh |
|---|---|---|
| 2026 q3 | 2026-07-09 | 96.12 ₽ |
| 2025 q3 | 2025-07-10 | 89.31 ₽ |
No dividend rows found for this issuer.
Substantive mentions last 7 days: 0, last 30 days: 1 across tracked channels, broker research and shows. 5 passing mentions (digests, calendars) hidden.
Sources: Telegram channels (bloggers — blue chip, broker research — green), YouTube shows via transcripts (orange). Tone (▲/▼) is an automatic assessment in the stock's context. Quotes are fragmentary; authors' views are not our recommendations.
| 25.08.26 | Filing | ★ ▲ Присвоение или изменение рейтинга эмиссионных ценных бумаг эмитента рейтинговым агентством или иной организацией на основании договора 24 августа 2026 года рейтинговое агентство присвоило кредитный рейтинг облигациям МТС-Банка, повысив его с 'A.ru' до 'A+.ru'. Это связано с улучшением рентабельности и достаточности капитала банка. |
| 25.08.26 | Filing | ★ ▲ Присвоение или изменение рейтинга эмитента рейтинговым агентством или иной организацией на основании договора Рейтинг эмитента МТС-Банк был повышен с 'A.ru' до 'A+.ru' с прогнозом 'стабильный'. Это связано с улучшением оценок рентабельности и достаточности капитала. Повышение рейтинга произошло 24.08.2026. |
| 01.07.26 | Filing | ★ ▲ Дата определения (фиксации) лиц, имеющих право на осуществление прав по ценным бумагам эмитента ПАО 'МТС-Банк' объявило о дате определения владельцев акций для получения дивидендов. Список владельцев будет составлен на 10.07.2026, а решение принято на годовом собрании акционеров 01.07.2026. |
| 12.03.26 | Filing | ★ Совершение эмитентом сделки, в совершении которой имеется заинтересованность ПАО 'МТС-Банк' совершит сделку по приобретению дополнительных инвестиционных паев ЗПИФ на сумму 20 млрд. руб. Срок исполнения обязательств по сделке - не позднее 13.03.2026. Сделка одобрена Советом директоров 06.03.2026. |
| 01.09.26 | AGM / Board | Решения совета директоров (наблюдательного совета) Совет директоров ПАО 'МТС-Банк' утвердил новую редакцию Стратегии управления рисками и капиталом. Кворум для принятия решений составил 6 из 9 членов, все проголосовали 'ЗА'. |
| 01.07.26 | AGM / Board | Решения общих собраний участников (акционеров) 26 июня 2026 года пройдет годовое общее собрание акционеров ПАО «МТС-Банк», на котором будет утвержден годовой отчет и годовая бухгалтерская отчетность за 2025 год, а также объявлены дивиденды в размере 3 520,24 руб. на одну привилегированную акцию и 96,12 руб. на одну обыкновенную акцию. Дивиденды будут выплачены в денежной форме в течение 10 и 25 рабочих дней в зависимости от категории акционеров. |
Source: e-disclosure material filings over the last 180 days; ★ — flagged important by the classifier; summaries are automatic.
Reporting forms detected in loaded periods: ✓ ✓ — (Balance sheet / Profit or loss (P&L) / Cash flows)
Financial results, valuation multiples (P/E, P/B, EV/EBITDA), profitability and dividend yield of MTS Bank (MBNK) — from primary filings.
| Issue | YTM | Coupon | Price, % | Volume, ₽ | Maturity |
|---|---|---|---|---|---|
| МТС-Банк03 | float | float | 100.0 | 4.4M | 10.2026 |
YTM and turnover from MOEX; floaters have no fixed YTM. Not investment advice.
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