CONSENSUS: Bank Saint Petersburg doubled IFRS net profit to 1.5 bln rubles in Q3
MOSCOW. Nov 27 (Interfax) - Bank Saint Petersburg increased net profit to International Financial Reporting Standards by 110% to 1.486 billion rubles in the third quarter of 2013 from 693 million rubles in the same period last year, according to the consensus forecast of analysts polled by Interfax.
Forecasts for Bank Saint Petersburg IFRS results in Q3 and 9M 2013 (mln rubles):
| Investment bank | Net profit* | Net interest income** | Assets*** | Loan portfolio*** | Provisions**** |
| BofA Merrill Lynch | 1 596 | 3 353 | 377 135 | 275 794 | 1 158 |
| Alfa Bank | 969 | 3 164 | 388 022 | 275 286 | 1 191 |
| Gazprombank | 1 420 | 3 480 | 383 024 | 286 089 | 846 |
| VTB Capital | 1 440 | 3 336 | 391 837 | 283 982 | 1 109 |
| Goldman Sachs | 1 462 | 3 323 | 389 768 | 279 721 | 1 114 |
| Citi | 1 477 | 3 341 | 400 444 | 282 467 | 1 103 |
| Metropol | 1 584 | 3 546 | 396 702 | 284 697 | 1 088 |
| JP Morgan | 1 416 | 3 296 | 383 974 | 278 991 | 1 096 |
| Uralsib Capital | 1 492 | 3 384 | 405 155 | 284 487 | 1 177 |
| Consensus | 1 486 | 3 358 | 390 673 | 281 279 | 1 098 |
| Result in previous period | 693 | 2 919 | 351 366 | 246 503 | 1 146 |
| Change | 114% | 15% | 11% | 14% | -4% |
| Consensus for 9M 2013 | 3 489 | 9 458 | |||
| Result for 9M 2012 | 930 | 8 881 | |||
| Change | 275% | 6% |
* Consensus for net profit does not include Alfa Bank forecast, which differs considerably from consensus
** Net profit and net interest income for Q3 and 9M compared to same period of last year
*** Assets and loan portfolio at end of 9M compared to end of 2012
**** Provisions given for Q2 2013 and compared to previous quarter
Bank Saint Petersburg will release its IFRS financial statement for the first nine months of 2013 on November 28.
