1 Dec 2011 14:04
Bank Saint-Petersburg boosts 9M IFRS earnings 2.4-fold to 5.4 bln rubles - analysts
MOSCOW. Dec 1 (Interfax) - Bank Saint-Petersburg may have boosted net profit to International Financial Reporting Standards (IFRS) 2.4-fold year-on-year in January-September to 5.433 billion rubles, analysts told Interfax in a consensus forecast.
Consensus forecast for Bank Saint-Petersburg in 9M 2011 (bln rubles):
| Analysts | Net profit | Net interest income | Operating income | Assets* | Loan portfolio* | Provisions** |
| BofA Merrill Lynch | 5,393 | 10,376 | 10,841 | 302,420 | 222,320 | -0,660 |
| Alfa-Bank | 6,093 | 10,606 | 10,877 | 303,306 | 226,027 | -0,832 |
| VTB Capital | 5,468 | 10,322 | 12,249 | 299,319 | 221,700 | -0,998 |
| Metropol | 5,023 | 10,024 | 12,118 | 303,154 | 221,993 | -0,715 |
| Renaissance Capital | 5,294 | 10,323 | 12,282 | 299,357 | 222,432 | -0,505 |
| Sovlink | 5,099 | 10,196 | 12,089 | 303,226 | 223,694 | -0,607 |
| TKB Capital | 5,436 | 10,210 | 12,561 | 299,357 | 224,936 | -0,609 |
| Troika Dialog | 5,515 | 10,342 | 11,025 | 302,247 | - | -0,677 |
| Uralsib Capital | 5,575 | 10,291 | 11,786 | 299,357 | 224,499 | -0,452 |
| Consensus | 5,433 | 10,299 | 11,693 | 301,305 | 223,450 | -0,673 |
| Results for previous period | 2,300 | 9,047 | 10,959 | 272,60 | 202,3 | -0,221 |
| Change | 136% | 14% | 7% | 11% | 10% | 204% |
* Forecasts compared with figures as of December 31, 2011
** Forecast is for Q3 2011 and compared with Q2 2011
The bank plans to unveil the results on December 2.
It was Russia's 16th largest by assets, according to the Interfax-100 ranking at the end of Q3 2011.