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Raiffeisen Bank International AG
/ Key word(s): Quarter Results
RBI: First Quarter Report 2025 – Main revenues stable, reduction of Russian business continued
06.05.2025 / 07:30 CET/CEST
The issuer is solely responsible for the content of this announcement.
RBI: First Quarter Report 2025
Main revenues stable, reduction of Russian business continued
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Q1/2025 consolidated profit of EUR 260 million for the core Group (excluding Russia)
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Net interest income for the core Group stable q-o-q at EUR 1,046 million despite lower market interest rates, net fee and commission income down slightly
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Provisioning ratio for the core Group at 20 bps, including additional overlays of EUR 71 million
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CET1 ratio excluding Russia at 15.9% (Group CET1 ratio at 18.8%)
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Further business reduction in Russia, customer loans down 4% q-o-q and deposits from customers down 9% q-o-q in local currency
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S&P rating was upgraded from A- negative to A- stable, reflecting significant business reduction in Russia, the successful exit from Belarus and RBI’s robust compliance organization
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Outlook for 2025 unchanged
Rasperia case:
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No additional P&L impact on RBI from appeals court verdict in the Rasperia case on 25 April 2025
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Judgement has been partially enforced against AO Raiffeisenbank with the RUB-equivalent of approximately EUR 1.87 billion withdrawn by the Russian Central Bank and transferred to Rasperia
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AO Raiffeisenbank has filed a further appeal in Russia and RBI Group is finalizing legal action in Austria
The following tables refer to RBI excluding Russia and Belarus:
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Income Statement in EUR million
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Q1/2025
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Q1/2024
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Q4/2024
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Net interest income
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1,046
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1,060
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1,042
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Net fee and commission income
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466
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431
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497
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Net trading income and fair value result
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(27)
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(9)
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41
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General administrative expenses
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(850)
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(784)
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(906)
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Operating result
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678
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762
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662
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Other result
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(66)
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(139)
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(196)
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Governmental measures and compulsory contributions
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(116)
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(130)
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(21)
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Impairment losses on financial assets
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(46)
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(3)
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(130)
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Profit/loss before tax
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450
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489
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315
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Profit/loss after tax
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318
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356
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155
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Consolidated profit/loss
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260
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303
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128
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Financial statement in EUR million
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31/3/2025
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31/12/2024
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Loans to customers
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96,053
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95,363
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Deposits from customers
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109,314
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108,205
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Total assets
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187,535
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184,961
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Total risk-weighted assets (RWA)
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74,430
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78,325
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Bank-specific information
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31/3/2025
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31/12/2024
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NPE Ratio
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1.9%
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2.1%
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NPE Coverage Ratio
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46.3%
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50.4%
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CET1 ratio transitional (incl. profit)
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15.9%
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15.1%
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Total capital ratio transitional (incl. profit)
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21.0%
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20.4%
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Key ratios
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Q1/2025
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Q1/2024
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Q4/2024
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Net interest margin (average interest-bearing assets)
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2.31%
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2.39%
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2.32%
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Cost/income ratio
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55.0%
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50.2%
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57.2%
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Provisioning ratio (average loans to customers)
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0.20%
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0.05%
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0.42%
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Consolidated return on equity
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7.3%
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9.1%
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3.1%
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Earnings per share in €
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0.71
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0.84
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0.31
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The consolidated result for the entire RBI Group can be found in the interim report for the first quarter of 2025 on RBI’s
website
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For further information please contact:
John P. Carlson, CFA
Head of Group Investor Relations
Raiffeisen Bank International AG
Am Stadtpark 9
1030 Vienna, Austria
ir@rbinternational.com
phone +43-1-71 707-2089
www.rbinternational.com
06.05.2025 CET/CEST This Corporate News was distributed by EQS Group. www.eqs.com
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