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Analysts & Estimates

Equity Analysts and Raiffeisen Bank International Consensus

Equity analysts

Alpha Value / FairesearchDieter Hein
Autonomous ResearchGabor Kemeny
Bank of America Merrill LynchAlastair Ryan
Bank PekaoAdam Motala
BarclaysKrishnendra Dubey
CitigroupSimon Nellis
Concorde SecuritiesGabor Bukta
Deutsche Bank AGMarlene Eibensteiner
Erste BankThomas Unger
HSBCJohannes Thormann
JP MorganMehmet Sevim
Keefe, Bruyette & WoodsHugo Cruz
Kepler CheuvreuxBenoit Petrarque
MediobancaRiccardo Rovere
PKORobert Brzoza
UBSMate Nemes
WoodMarta Jezewska-Wasilewska

Additional information relating to Q1 2024

One-off or unusual effects in Q1 2024

There were no unusual effects in the first quarter.

Additional information relating to Q1 2024

  • Around EUR 109 million of credit-linked provisions for litigation and annulment of loan agreements in Poland were booked in other result.
  • EUR 140 million of governmental measures and compulsory contributions were booked in Q1, down EUR 96 million y-o-y mainly driven by lower resolution fund contributions. 

Consensus Estimates

The consensus estimates of earnings are based on earnings forecasts made by securities analysts who follow the development of Raiffeisen Bank International. The views expressed and forecasts, estimates, and predictions made by those analysts regarding performance (and hence the figures of the consensus estimates) solely reflect the opinions of those analysts, and not the opinions, forecasts, estimates, or predictions of Raiffeisen Bank International or its management. The fact that Raiffeisen Bank International makes these figures available does not mean that the company endorses or agrees with this information, conclusions, or recommendations. Raiffeisen Bank International assumes no liability for the accuracy of these estimates or obligation to update or revise them. 

Last update: 29 April 2024

Consensus Q1/2024e

Income Statement

Consensus in EUR million


Net interest income1,4241,4931,360
Net fee and commission income661697635
Other operating components739336
Operating income2,1582,2022,093
General administrative expenses-981-941-1,085
Operating result1,1771,2321,111
Other result-113-55-155
Governmental measures and compulsory contributions-140-140-140
Impairment losses on financial assets-114-24-250
Profit/loss before tax811928606
Tax expense-197-150-226
Profit/loss after tax (incl. profit from discontinued operations)614724405
Consolidated profit/loss571670387

Key ratios / balance sheet information

 Monetary values in EUR million


Risk-weighted assets (total RWA)94,41297,43093,532
Loans to customers100,060101,11598,468
Cost of risk0.29%0.63%0.09%
CET1 ratio (fully loaded)17.6%17.8%17.3%
Net Interest Margin2.88%2.96%2.80%
Cost/income Ratio
Consolidated Return-on-Equity


Income statement excluding Russia and Belarus

Consensus in EUR million


Net interest income1,0831,1251,049
Net fee and commission income448497410
Other operating components5910331
Operating income1,5911,6521,519
General administrative expenses-793-752-892
Operating result798854744
Other result-133-109-212
Governmental measures and compulsory contributions-133-120-140
Impairment losses on financial assets-94-23-187
Profit/loss before tax459540343
Tax expense-111-64-156
Profit/loss after tax (incl. profit from discontinued operations)346421245
Consolidated profit/loss308361234


Key ratios/balance sheet information excluding Russia and Belarus

Monetary values in EUR millionMeanMaxMin
Risk-weighted assets (total RWA)78,58679,63977,159
Loans to customers93,47194,60891,941
Cost of risk0.37%0.80%0.10%
CET1 ratio (fully loaded)14.3%14.9%12.8%
Net Interest MarginN/AN/AN/A
Cost/income Ratio
Consolidated Return-on-Equity