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Sovcombank RUB

Update

Re-runs extraction for each period with period-end year from max(2023, current year − 2) through the current year, oldest first (up to three reporting years). This can take a long time.

Sector: Financial Services

RU_SVCB

Price chart

11.28 RUBDay -0.04%

Key metrics

Market

Price
11.28 RUB · -0.04%
Market cap
253.9 bn RUB

Growth

Δ NII y/y
71.9%
Δ net profit y/y
57.2%

Multiples

P/E (LTM)
4.2x
3y avg: 4.2x
P/B (FY)
0.7x
3y avg: 0.9x
P/E (ann.)
3.2x

Returns

Dividend yield
2.9%
ROE (annualized)
19.8%
ROI (ROE ÷ P/B)
30.4%

Value creation

annualized net income / market cap (return on equity value)
Banking potential
+85.6%
↓ details

Liquidity

Daily turnover (MOEX)
18.6 mln RUB

Shares: connector/market_inputs

Amounts: USD (converted) · As reported
Converted modes use NBK / ECB-linked rates: balance sheet date for BS items, period average for P&L and cash flow (see filing row evidence). As reported keeps each row in its filing currency.

🔍 Sanity check — subtotal consistency (Level-1 + Level-2) OK: 12 / Warn: 1 / Err: 5 / Autofix applied: 0
Port of PHP subtotal-total + sign-flip detection logic
PeriodIssues
2023-03-31 Q1✓OK
2023-06-30 Q2✗Errors 1
2023-09-30 9M✓OK
2023-09-30 Q3✓OK
2023-12-31 FY✓OK
2023-12-31 Q4✓OK
2024-03-31 Q1⚠Warn 3
2024-06-30 Q2✓OK
2024-09-30 9M✓OK
2024-09-30 Q3✗Errors 3Warn 1
2024-12-31 FY✗Errors 3Warn 1
2024-12-31 Q4✗Errors 2Warn 2
2025-03-31 Q1✗Errors 2Warn 3
2025-06-30 Q2✓OK
2025-09-30 Q3✓OK
2025-12-31 FY✓OK
2025-12-31 Q4✓OK
2026-03-31 Q1✓OK
✓ All checks pass · ⚠ Has warnings (review) · ✗ Has errors (needs fix) · ✓* Autofix applied (see evidence)

Financial dynamics

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.

DatePeriodStatusNet interest incomeB RUBNet profitB RUBAssetsB RUBEquityB RUBROE (annualized)Source
2026-03-31Q1 2026 (3M)OK60.0
y/y 71.9%
19.7
y/y 57.2%
4194.5
y/y 8.2%
406.3
y/y 15.4%
19.8%Report (PDF)
2025-12-31Q4 2025 (3M)OK55.7
y/y 37.7%
17.8
y/y -13.9%
4520.0
y/y 11.7%
389.1
y/y 11.8%
14.1%Report (PDF)
2025-09-30Q3 2025 (3M)OK47.6
y/y 20.1%
17.8
y/y 0.2%
4311.9
y/y 13.0%
367.9
y/y 17.5%
6.6%Report (PDF)
2025-06-30Q2 2025 (3M)OK38.3
y/y -9.7%
5.0
y/y -63.5%
3918.3
y/y 3.3%
353.8
y/y 16.8%
5.7%Report (PDF)
2025-03-31Q1 2025 (3M)OK34.9
y/y -1.9%
12.5
y/y -49.9%
3875.5
y/y 7.2%
352.1
y/y 17.6%
14.3%Report (PDF)
2024-12-31Q4 2024 (3M)OK40.4
y/y 14.3%
20.7
y/y 11.1%
4046.3
y/y 26.9%
348.1
y/y 32.5%
23.4%Report (PDF)
2024-09-30Q3 2024 (3M)OK39.6
y/y 7.2%
17.8
y/y -28.0%
3815.2
y/y 36.7%
313.2
y/y 35.8%
7.7%Report (PDF)
2024-06-30Q2 2024 (3M)OK42.4
y/y 22.6%
13.7
y/y -52.9%
3794.9
y/y 60.0%
302.9
y/y 42.3%
18.2%Report (PDF)
2024-03-31Q1 2024 (3M)OK35.6
y/y 11.4%
25.0
y/y 10.8%
3615.0
y/y 59.1%
299.3
y/y 62.5%
35.6%Report (PDF)
2023-12-31Q4 2023 (3M)OK35.4
y/y —
18.6
y/y —
3189.0
y/y —
262.6
y/y —
38.5%Report (PDF)
2023-09-30Q3 2023 (3M)OK37.0
y/y —
24.7
y/y —
2790.5
y/y —
230.7
y/y —
14.9%Report (PDF)
2023-06-30Q2 2023 (3M)OK34.6
y/y —
29.1
y/y —
2372.5
y/y —
212.9
y/y —
58.6%Report (PDF)
2023-03-31Q1 2023 (3M)OK31.9
y/y —
22.6
y/y —
2271.7
y/y —
184.2
y/y —
—Report (PDF)
Data quality No obvious scale, balance-sheet, or cash-flow sanity issues in the displayed periods.

Monthly operating statistics (RAS, bank charter)

Net profit and operating metrics for the parent credit organisation, from CBR Form 102 — published monthly, typically 25–30 days after month-end. Not directly comparable to consolidated IFRS (bank charter ≠ group). source: CBR

PeriodNet interest income (YTD)Net operating result (YTD)Pre-tax profit (YTD)Net profit (YTD)Total comprehensive income
Apr 2026 YTD37.5 bln
+656.1% y/y
1.6 bln
-111.6% y/y
39.2 bln39.3 bln40.6 bln
↳ Apr 2026 mo6.3 bln
-541.4% y/y
16.9 bln
+228.5% y/y
23.1 bln23.4 bln23.6 bln
Mar 2026 YTD31.3 bln
+390.3% y/y
-15.2 bln
-20.8% y/y
16.0 bln15.9 bln16.9 bln
↳ Mar 2026 mo14.5 bln
+804.8% y/y
-4.5 bln
-3.2% y/y
10.0 bln9.9 bln10.0 bln
Feb 2026 YTD16.8 bln
+251.3% y/y
-10.7 bln
-26.5% y/y
6.1 bln6.0 bln6.9 bln
↳ Feb 2026 mo9.1 bln
+415.7% y/y
-5.7 bln
-38.6% y/y
3.5 bln3.4 bln4.0 bln
Jan 2026 YTD7.6 bln
+154.4% y/y
-5.0 bln
-5.8% y/y
2.6 bln2.6 bln2.9 bln
↳ Jan 2026 mo7.6 bln
+154.4% y/y
-5.0 bln
-5.8% y/y
2.6 bln2.6 bln2.9 bln
Dec 2025 YTD41.8 bln
-24.4% y/y
-983 mln
-77.0% y/y
40.9 bln
-20.0% y/y
44.1 bln
+3.0% y/y
58.7 bln
+70.5% y/y
↳ Dec 2025 mo10.5 bln3.1 bln13.5 bln13.5 bln21.5 bln
Nov 2025 YTD31.4 bln-4.0 bln27.3 bln30.6 bln37.1 bln
↳ Nov 2025 mo6.4 bln5.4 bln11.7 bln11.7 bln12.5 bln
Oct 2025 YTD25.0 bln-9.4 bln15.6 bln19.0 bln24.6 bln
↳ Oct 2025 mo3.6 bln-8.9 bln-5.3 bln-4.0 bln-4.7 bln
Sep 2025 YTD21.4 bln-525 mln20.9 bln23.0 bln29.4 bln
↳ Sep 2025 mo7.2 bln7.1 bln14.4 bln14.3 bln12.6 bln
Aug 2025 YTD14.2 bln-7.7 bln6.5 bln8.7 bln16.8 bln
↳ Aug 2025 mo5.9 bln-3.8 bln2.1 bln2.0 bln2.3 bln
Jul 2025 YTD8.3 bln-3.9 bln4.4 bln6.7 bln14.4 bln
↳ Jul 2025 mo-1.3 bln3.3 bln2.1 bln2.8 bln2.5 bln
Jun 2025 YTD9.6 bln-7.2 bln2.4 bln3.9 bln11.9 bln
↳ Jun 2025 mo1.5 bln2.3 bln2.4 bln3.7 bln6.8 bln
May 2025 YTD8.0 bln-9.5 bln0 mln230 mln5.1 bln
↳ May 2025 mo3.1 bln4.6 bln0 mln230 mln5.1 bln

Income statement (bank, IFRS)

IFRS decomposition: interest, fee and trading result with provisions, costs and the recurring/non-recurring profit split (bn RUB). Source: eninvs.com.

Item, bn RUB202320242025YoY
Interest income315602748 +24%
Interest expense-176-444-572 -29%
Net interest income139158177 +12%
Credit-loss provisions-32.5-73.9-80.7 -9%
NII after provisions10684.295.8 +14%
Fee & commission income34.948.659.1 +21%
Fee & commission expense-8.0-9.2-10.2 -11%
Net fee & commission income26.839.548.9 +24%
Financial-instruments (trading) result57.017.320.0 +16%
Other operating income, net75.5120102 -15%
Operating income174207236 +14%
Administrative & other expenses (SG&A)-189-264-317 -20%
Profit before tax11079.766.5 -17%
Income tax-14.7-2.5-13.3 -437%
Net profit95.077.253.2 -31%
of which recurring45.760.537.2 -38%
of which non-recurring49.316.716.0 -4%

Quarterly dynamics & ratios

ROE = net profit ×4 / avg equity; CoR = provisions ×4 / avg credit portfolio; CIR = admin expense / operating income; NIM = NII ×4 / avg assets.

Quarter24/06
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 income42.439.640.434.938.347.655.760.0
Provisions-15.1-18.9-22.7-12.0-25.0-26.9-16.8-23.1
Net fee income10.39.614.18.811.613.415.111.6
Operating income55.152.754.647.052.862.573.374.8
Admin (SG&A)-63.4-68.0-79.2-77.1-76.1-77.7-86.1-83.2
Net profit13.717.820.712.55.017.817.819.7
Balance (period-end), bn RUB
Credit portfolio2 3682 4742 6642 6202 7082 8703 0482 857
Securities portfolio (bonds)463457581537546514373435
Customer deposits2 8512 8053 0412 8262 9013 1713 4283 005
Other assets9648848017196649291 099903
Total assets3 7953 8154 0463 8763 9184 3124 5204 195
Equity303313348352354368389406
Key ratios (annualised)
ROE (annualised)18.2%23.1%25.1%14.3%5.7%19.8%18.9%19.8%
Cost of risk (CoR)2.63%3.12%3.54%1.82%3.76%3.85%2.27%3.14%
Cost-to-income (CIR)115.0%128.8%145.0%164.1%144.3%124.4%117.4%111.2%
Net interest margin (NIM)4.58%4.17%4.12%3.52%3.93%4.63%5.05%5.50%

Dividend potential

Dividend-model upside: -56%

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)60 bn RUB
Payout ratio19%
Recent actual dividend (3-yr median)0.35 ₽
= Forecast dividend per share0.52 ₽
2 · Fair yield (spread to key rate)
CBR key rate14.5%
Historical yield spread to rate (3-yr median)-13.8 pp
= Fair dividend yield (bank floor ≈ rate−3.5)11.0%
3 · Valuation → upside
Current price11.27 ₽
Forecast dividend yield4.6%
Fair price (dividend-based)5 ₽

Forecast, not investment advice. Earnings annualization and policy assumptions are estimates.

Dividends

No dividend rows found for this issuer.

Investor reporting (IR): https://www.e-disclosure.ru/portal/files.aspx?id=30052

Reporting forms detected in loaded periods: ✓ ✓ ✓ (Balance sheet / Profit or loss (P&L) / Cash flows)