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1 Comment
Erste Group Bank AG is currently in a long term uptrend where the price is trading 15.6% above its 200 day moving average.
From a valuation standpoint, the stock is 96.2% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 1.7.
Erste Group Bank AG's total revenue sank by 1.3% to $2B since the same quarter in the previous year.
Its net income has dropped by 40.9% to $146M since the same quarter in the previous year.
Finally, its free cash flow grew by 129.0% to $3B since the same quarter in the previous year.
Based on the above factors, Erste Group Bank AG gets an overall score of 3/5.
Exchange | F |
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CurrencyCode | EUR |
ISIN | AT0000652011 |
Sector | Financial Services |
Industry | Banks - Regional |
Dividend Yield | 4.5% |
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Beta | 1.21 |
Market Cap | 23B |
PE Ratio | 8.28 |
Target Price | None |
Erste Group Bank AG provides a range of banking and other financial services to retail, corporate, and public sector customers. The company operates through Retail, Corporates, Group Markets, Asset/Liability Management & Local Corporate Center, Savings Banks, and Group Corporate Center segments. It provides mortgage and consumer loans, investment products, current accounts, savings products, and credit cards, as well as cross selling products, such as leasing, insurance, and building society products. The company also offers factoring, accounts receivable purchasing, ErsteConfirming supply chain finance solution; investment, acquisition and leveraged, project, and commercial real estate finance, as well as financial advice; interest rate and currency hedging, letters of credit, documentary collections, and guarantees; account management, payments, digital-banking, cash logistics, and payment factory and cash pooling services; letters of credit, documentary collection, guarantees, equity interests and investments, revolving export credits lines, and customer financing; and loan syndication, and debt and equity capital market services. In addition, it provides cash management, trade finance, customer referral, markets execution, debt capital markets, and custody and brokerage services. Further, the company offers trading and market; trade execution, market making, and short-term liquidity management; asset/liability management services; securities and derivatives trading; corporate finance; portfolio management; project finance; foreign trade financing; money market services; foreign exchange trading; and leasing and factoring services. It operates in Austria, the Czech Republic, Slovakia, Romania, Hungary, Croatia, Serbia, and internationally. The company was founded in 1819 and is headquartered in Vienna, Austria.
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