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Across its multi-year history, Erste’s earnings have grown alongside net interest and fee income, while operating expenses rose more slowly than revenue. Its established customer-banking model now includes a material Polish operation, making reported growth less directly comparable with the earlier period.
The latest results show continued expansion in interest and fee income, alongside a substantial step-up in reported scale following the first-time consolidation of Erste Bank Polska. This broadens the group without, on these results alone, establishing a change in its underlying banking model.
Whether net interest and fee income excluding Poland continue to grow faster than operating expenses in subsequent reports.
| Metric | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| 4.4B | 4.4B | 4.6B | 4.7B | 4.8B | 5B | 6B | 7.2B | 7.5B | 7.8B | |
| 5.9B | 5.6B | 6.9B | 7.2B | 6.6B | 6.6B | 11.2B | 19.5B | 19.1B | 16.6B | |
| 1.5B | 1.3B | 2.4B | 2.5B | 1.8B | 1.6B | 5.3B | 12.3B | 11.6B | 8.8B | |
| 2.9B | 3.1B | 3.1B | 3.1B | 2.8B | 3.4B | 4B | 4.1B | 4.3B | 4.8B | |
| 7.3B | 7.4B | 7.6B | 7.8B | 7.6B | 8.4B | 9.9B | 11.3B | 11.8B | 12.6B | |
| (184.2m) | 105m | 55.8m | (35m) | (460.4m) | (121.8m) | (114.9m) | (137m) | (397m) | (485m) | |
| (5.2B) | (5.4B) | (5.2B) | (5.4B) | (5.8B) | (5.3B) | (6.6B) | (6.4B) | (6.4B) | (6.7B) | |
| 2B | 2.1B | 2.5B | 2.3B | 1.4B | 2.9B | 3.2B | 4.8B | 5B | 5.4B | |
| (413.6m) | (410.1m) | (332.4m) | (418.7m) | (342.5m) | (525.2m) | (556.1m) | (874m) | (1.1B) | (1.1B) | |
| 1.5B | 1.7B | 2.2B | 1.9B | 1B | 2.4B | 2.7B | 3.9B | 3.9B | 4.3B | |
| (272m) | (351.5m) | (369.1m) | (440.9m) | (242.3m) | (484.8m) | (501.6m) | (923m) | (819m) | (788m) | |
| 1.3B | 1.3B | 1.7B | 1.4B | 668.5m | 1.8B | 2.1B | 2.9B | 3B | 3.4B | |
| 2.96 | 2.94 | 4.02 | 3.23 | 1.57 | 4.17 | 4.83 | 6.80 | 7.19 | 8.24 |
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Stock intrinsic value is the real worth of a company's stock, based on its financial health and performance.
Instead of looking at the stock's current market price, which can change due to people's opinions and emotions, intrinsic value helps us understand if a stock is truly a good deal or not.
By focusing on the company's actual financial strength, like its earnings and debts, we can make better decisions about which stocks to buy and when.
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