Frontierby eninvs

Language: EN · RU

← Region

TBank 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_T

Price chart

295.22 RUBDay 0.00%

Key metrics

Market

Price
295.22 RUB · 0.00%
Market cap
792.0 bn RUB

Growth

Δ NII y/y
29.2%
Δ net profit y/y
4.5%

Multiples

P/E (LTM)
4.1x
3y avg: 7.1x
P/B (FY)
1.2x
3y avg: 1.9x
P/E (ann.)
5.7x

Returns

Dividend yield
5.8%
ROE (annualized)
20.0%
ROI (ROE ÷ P/B)
17.2%

Value creation

annualized net income / market cap (return on equity value)
Banking potential
+11.6%
↓ details

Liquidity

Daily turnover (MOEX)
170 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: 1 / Warn: 3 / Err: 12 / Autofix applied: 0
Port of PHP subtotal-total + sign-flip detection logic
PeriodIssues
2023-03-31 Q1⚠Warn 4
2023-06-30 Q2✗Errors 2
2023-09-30 Q3✗Errors 1
2023-12-31 FY✓OK
2023-12-31 Q4⚠Warn 1
2024-03-31 Q1✗Errors 3Warn 3
2024-06-30 Q2✗Errors 1Warn 1
2024-09-30 Q3✗Errors 1Warn 2
2024-12-31 FY✗Errors 1Warn 2
2024-12-31 Q4⚠Warn 4
2025-03-31 Q1✗Errors 3Warn 2
2025-06-30 Q2✗Errors 1Warn 1
2025-09-30 Q3✗Errors 1Warn 1
2025-12-31 FY✗Errors 2Warn 2
2025-12-31 Q4✗Errors 1Warn 1
2026-03-31 Q1✗Errors 2Warn 1
✓ 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)OK149.1
y/y 29.2%
35.0
y/y 4.5%
5933.2
y/y 25.4%
719.7
y/y 27.2%
20.0%Report (PDF)
2025-12-31Q4 2025 (3M)OK150.7
y/y 20.5%
72.0
y/y 86.1%
6083.9
y/y 18.9%
683.6
y/y 31.5%
29.2%Report (PDF)
2025-09-30Q3 2025 (3M)OK130.7
y/y 26.1%
40.1
y/y 6.2%
5700.4
y/y 14.8%
633.7
y/y 26.5%
8.6%Report (PDF)
2025-06-30Q2 2025 (3M)OK123.3
y/y 58.6%
46.7
y/y 99.4%
5326.5
y/y 84.7%
612.6
y/y 107.2%
31.7%Report (PDF)
2025-03-31Q1 2025 (3M)OK115.4
y/y 57.6%
33.5
y/y 50.3%
4731.5
y/y 94.1%
565.7
y/y 103.0%
24.7%Report (PDF)
2024-12-31Q4 2024 (3M)OK125.0
y/y 37.7%
38.7
y/y 14.4%
5118.0
y/y 125.5%
519.9
y/y 83.3%
24.0%Report (PDF)
2024-09-30Q3 2024 (3M)OK103.7
y/y 67.7%
37.8
y/y 59.9%
4967.5
y/y —
500.9
y/y —
12.7%Report (PDF)
2024-06-30Q2 2024 (3M)OK77.7
y/y 152.2%
23.4
y/y 224.9%
2883.5
y/y —
295.6
y/y —
32.7%Report (PDF)
2024-03-31Q1 2024 (3M)OK73.2
y/y 56.1%
22.3
y/y 37.3%
2437.9
y/y —
278.7
y/y —
31.7%Report (PDF)
2023-12-31Q4 2023 (3M)OK90.8
y/y —
33.8
y/y —
2269.8
y/y —
283.6
y/y —
—Report (PDF)
2023-09-30Q3 2023 (3M)OK61.8
y/y —
23.6
y/y —
—
y/y —
—
y/y —
—Report (PDF)
2023-06-30Q2 2023 (3M)OK30.8
y/y —
7.2
y/y —
—
y/y —
—
y/y —
—Link
2023-03-31Q1 2023 (3M)OK46.9
y/y —
16.2
y/y —
—
y/y —
—
y/y —
—Link
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 YTD113.8 bln
+123.4% y/y
-38.0 bln
-1.6% y/y
75.9 bln
+513.5% y/y
57.7 bln
+560.1% y/y
58.6 bln
+321.6% y/y
↳ Apr 2026 mo36.0 bln
+171.7% y/y
-21.4 bln
+149.2% y/y
14.6 bln
+213.2% y/y
7.3 bln
+215.7% y/y
9.1 bln
-1009.7% y/y
Mar 2026 YTD77.9 bln
+106.5% y/y
-16.6 bln
-44.7% y/y
61.3 bln
+694.5% y/y
50.4 bln
+684.1% y/y
49.6 bln
+232.7% y/y
↳ Mar 2026 mo25.6 bln
+70.2% y/y
-4.5 bln
-57.0% y/y
21.1 bln
+360.7% y/y
17.3 bln
+340.3% y/y
17.5 bln
+493.4% y/y
Feb 2026 YTD52.3 bln
+130.6% y/y
-12.1 bln
-38.2% y/y
40.2 bln
+1182.9% y/y
33.1 bln
+1222.8% y/y
32.1 bln
+168.6% y/y
↳ Feb 2026 mo25.9 bln
+130.8% y/y
-8.3 bln
-7.7% y/y
17.7 bln
+677.5% y/y
13.8 bln
+737.8% y/y
13.1 bln
+36.1% y/y
Jan 2026 YTD26.3 bln
+130.4% y/y
-3.8 bln
-64.0% y/y
22.5 bln
+2517.6% y/y
19.4 bln
+2148.9% y/y
19.0 bln
+724.2% y/y
↳ Jan 2026 mo26.3 bln
+130.4% y/y
-3.8 bln
-64.0% y/y
22.5 bln
+2517.6% y/y
19.4 bln
+2148.9% y/y
19.0 bln
+724.2% y/y
Dec 2025 YTD221.1 bln
+25.6% y/y
-87.1 bln
-15.2% y/y
134.0 bln
+82.8% y/y
112.1 bln
+84.7% y/y
121.7 bln
+129.3% y/y
↳ Dec 2025 mo28.8 bln-639 mln28.1 bln24.2 bln26.8 bln
Nov 2025 YTD192.3 bln-86.5 bln105.9 bln87.9 bln94.9 bln
↳ Nov 2025 mo26.7 bln-2.5 bln24.2 bln20.3 bln19.4 bln
Oct 2025 YTD165.6 bln-83.9 bln81.7 bln67.6 bln75.6 bln
↳ Oct 2025 mo29.1 bln-3.1 bln26.0 bln19.5 bln19.6 bln
Sep 2025 YTD136.5 bln-80.8 bln55.6 bln48.1 bln56.0 bln
↳ Sep 2025 mo21.5 bln-4.6 bln16.9 bln14.9 bln13.8 bln
Aug 2025 YTD115.0 bln-76.3 bln38.7 bln33.3 bln42.2 bln
↳ Aug 2025 mo16.0 bln-6.2 bln9.9 bln7.7 bln7.4 bln
Jul 2025 YTD99.0 bln-70.1 bln28.9 bln25.5 bln34.8 bln
↳ Jul 2025 mo19.2 bln-10.2 bln9.0 bln12.8 bln12.8 bln
Jun 2025 YTD79.8 bln-59.9 bln19.9 bln12.8 bln22.0 bln
↳ Jun 2025 mo15.4 bln-10.7 bln4.7 bln3.9 bln7.0 bln
May 2025 YTD64.4 bln-49.2 bln15.2 bln8.9 bln15.0 bln
↳ May 2025 mo13.4 bln-10.6 bln2.8 bln171 mln1.1 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 income3006931 088 +57%
Interest expense-69.9-314-568 -81%
Net interest income230380520 +37%
Credit-loss provisions-100-259-330 -28%
NII after provisions130120190 +57%
Fee & commission income128182235 +29%
Fee & commission expense-55.0-76.8-88.5 -15%
Net fee & commission income73.1106146 +38%
Financial-instruments (trading) result9.720.133.9 +68%
Other operating income, net-67.7-23.0-18.9 +18%
Operating income358562755 +34%
Administrative & other expenses (SG&A)-123-198-276 -39%
Profit before tax103152253 +66%
Income tax-22.4-30.1-61.0 -103%
Net profit80.9122192 +57%
of which recurring73.3106167 +57%
of which non-recurring7.616.225.8 +59%

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 income77.7104125115123131151149
Provisions-45.8-83.9-87.0-67.4-92.1-92.1-78.9—
Net fee income24.029.533.730.034.038.543.6—
Operating income120153182115179191218149
Admin (SG&A)-40.8-55.2-67.1-15.4-67.8-69.3-74.4-19.8
Net profit23.437.838.733.546.740.172.135.0
Balance (period-end), bn RUB
Credit portfolio1 1902 5972 5372 5332 7742 9383 1693 241
Securities portfolio (bonds)325526532557746730755852
Customer deposits2 2923 9054 0103 7114 0004 2444 4124 176
Other assets1 3681 8452 0491 6411 8062 0322 1601 840
Total assets2 8844 9675 1184 7315 3265 7006 0845 933
Equity296501520566613634684720
Key ratios (annualised)
ROE (annualised)32.7%38.0%30.3%24.7%31.7%25.8%43.8%20.0%
Cost of risk (CoR)16.07%17.73%13.56%10.64%13.88%12.90%10.33%—
Cost-to-income (CIR)34.0%36.0%37.0%13.3%37.8%36.2%34.1%13.3%
Net interest margin (NIM)11.68%10.56%9.92%9.37%9.80%9.48%10.27%9.93%

Dividend potential

Dividend-model upside: -23%

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)192 bn RUB
Payout ratio100%
Free cash flow (FY, OCF − capex)-200 bn RUB
Recent actual dividend (3-yr median)14.90 ₽
= Forecast dividend per share23.84 ₽
2 · Fair yield (spread to key rate)
CBR key rate14.5%
Historical yield spread to rate (3-yr median)-13.3 pp
= Fair dividend yield (bank floor ≈ rate−3.5)11.0%
3 · Valuation → upside
Current price295.22 ₽
Forecast dividend yield8.1%
Fair price (dividend-based)226 ₽

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=39055

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