Analysts & Estimates | Raiffeisen Bank International AG
Equity Analysts and Raiffeisen Bank International Consensus
Equity analysts
| Bank | Analyst |
|---|---|
| Alpha Value / Fairesearch | Dieter Hein |
| Autonomous Research | Gabor Kemeny |
| Bank of America Merrill Lynch | David Taranto |
| Bank Pekao | Adam Motala |
| Barclays | Krishnendra Dubey |
| Citigroup | Simon Nellis |
| Concorde Securities | Mihaly Gajda |
| Deutsche Bank AG | Marlene Eibensteiner |
| Erste Bank | Thomas Unger |
| Keefe, Bruyette & Woods | Hugo Cruz |
| Kepler Cheuvreux | Benoit Petrarque |
| Mediobanca | Riccardo Rovere |
| PKO | Robert Brzoza |
| UBS | Mate Nemes |
| Wood | Marta Jezewska-Wasilewska |
Additional information relating to Q1 2026
- C. EUR -77 million of credit-linked provisions for litigation and annulment of loan agreements in Poland were booked under other result.
- EUR 177 million of governmental measures and compulsory contributions were booked in Q1 for the RBI Group excluding Russia, of which EUR 134 million are due in Q1 only (front-loaded).
- Risk cost excluding Russia in Q1/2026 include c. EUR 39 million stage 1 and 2 provisions largely due to macroeconomic model updates relating to current geopolitical conditions.
- As indicated with the Q4/2025 results, on 1 January 2026 Russia operational risk increased by EUR 1.3 billion. This had a -29 bps impact on CET1 excluding Russia in the first quarter.
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: 04 May 2026
Consensus Q1/2026e
Income Statement excl. Russia
| Consensus in EUR million | Mean | Max | Min |
|---|---|---|---|
| Net interest income | 1,069 | 1,098 | 1,054 |
| Net fee and commission income | 506 | 523 | 488 |
| Other operating components | 70 | 177 | 42 |
| Operating income | 1,645 | 1,698 | 1,600 |
| General administrative expenses | -884 | -852 | -907 |
| Operating result | 761 | 819 | 701 |
| Other result | -81 | -54 | -100 |
| Governmental measures and compulsory contributions | -175 | -158 | -177 |
| Impairment losses on financial assets | -88 | -67 | -128 |
| Profit/loss before tax | 420 | 475 | 382 |
| Tax expense | -113 | -94 | -132 |
| Profit/loss after tax (incl. profit from discontinued operations) | 307 | 352 | 250 |
| Consolidated profit/loss | 258 | 300 | 214 |
Key ratios / balance sheet information excl. Russia
| Monetary values in EUR million | Mean | Max | Min |
|---|---|---|---|
| Risk-weighted assets (total RWA) | 82,564 | 84,492 | 80,865 |
| Loans to customers | 102,668 | 103,573 | 101,785 |
| Cost of risk | 0.33% | 0.44% | 0.28% |
| CET1 ratio (fully loaded) | 15.3% | 15.5% | 15.2% |
| Net Interest Margin | 2.21% | 2.24% | 2.19% |
| Cost/income Ratio | 53.9% | 54.7% | 52.2% |
| Consolidated Return-on-Equity | N/A | N/A | N/A |