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Investegate |Sberbank Announcements | Sberbank: Sberbank reports 2Q 2021 Net Profit of RUB325.3 bn under International Financial Reporting Standards (IFRS)


 
The Group net profit1 reached RUB629.8 bn for 1H 2021 (+119.3% y/y), and RUB325.3 bn for 2Q 2021 (+95.1% y/y);
The Group earnings per ordinary share (EPS) 1 came in at RUB28.54 for 1H 2021 (+113.3% y/y), and RUB14.34 for 2Q 2021 (+84.3% y/y);
The Group return on equity (ROE) 2 for 1H 2021 reached 25.3% (+12.8 pp y/y), for 2Q 2021 reached 25.8% (+11.5 pp y/y);
The retail loan portfolio exceeded RUB10 trn, up by 7.0% for 2Q 2021, or up by 11.2% for 1H 2021;
The Group net fee and commission income increased by 30.9% y/y in 2Q 2021 to RUB157.1 bn, or to RUB291.4 bn for 1H 2021 (+18.3% y/y);
The asset quality of the loan portfolio improved substantially in 2Q 2021 in all key segments; ....

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