SBER.ME - Sberbank of Russia
| Previous Close | 215.05 |
| Open | 217.00 |
| Bid | 216.24 x 390000 |
| Ask | 216.30 x 163000 |
| Day's Range | 214.06 - 218.20 |
| 52 Week Range | 165.90 - 250.65 |
| Volume | 27,587,690 |
| Avg. Volume | 44,632,499 |
| Market Cap | 4.648T |
| Beta (3Y Monthly) | 1.51 |
| PE Ratio (TTM) | 5.36 |
| EPS (TTM) | 40.33 |
| Earnings Date | Sep 6, 2019 |
| Forward Dividend & Yield | 16.00 (7.46%) |
| Ex-Dividend Date | 2019-06-11 |
| 1y Target Est | 299.89 |
- Reuters
UPDATE 1-Russia's Mechel requests more time to repay its debts
Russian coal and steel producer Mechel has asked state-controlled lenders Sberbank , VTB and Gazprombank for more time to make its debt repayments, the banks and company said on Thursday. Mechel, which had already postponed debt repayments to 2020-2022 following lengthy restructuring talks with Russian state banks earlier this year, is now asking to push payments back to 2024-2026, an executive at Sberbank, one of its key lenders, said. The company's first-half results published on Thursday showed it still has net debt of 411 billion roubles ($6.21 billion) excluding fines and penalties, though that was down 12 billion roubles year-on-year.
- Reuters
UPDATE 2-Sberbank bets on digital and retail as corporate lending slows
Sberbank has revised down its corporate lending growth forecast for this year after reporting a jump in second-quarter profits supported mainly by retail and small business lending. Russia's largest bank is transforming itself under Chief Executive German Gref to a banking-to-online services company and has a number of joint projects with Russia's top internet company Yandex.
- Reuters
UPDATE 2-Sberbank, Mail.ru to set up Yandex.Taxi rival as Russia's internet booms
Russia's Sberbank and internet firm Mail.ru said on Thursday they would invest up to 64 billion roubles ($1 billion) in a new joint platform for taxi services and food, as online sales in the country gather pace. The joint venture will compete with Yandex.Taxi, a unit of Russia's largest internet search engine Yandex and U.S. online taxi service Uber.
- Reuters
Sberbank, Mail.ru to set up Yandex.Taxi rival as Russia's internet booms
Russia's Sberbank and internet firm Mail.ru said on Thursday they would invest up to 64 billion roubles ($1 billion) in a new joint platform for taxi services and food, as online sales in the country gather pace. The joint venture will compete with Yandex.Taxi, a unit of Russia's largest internet search engine Yandex and U.S. online taxi service Uber. The Sberbank-Mail.Ru partnership will broaden the geographic reach of Delivery Club, one of Russia's biggest food delivery services, and accelerate the regional expansion of Citymobil taxi, the companies said.
- Reuters
UPDATE 1-Russia's Mechel seeks to postpone debt repayments to 2024-26 -Ifax
Russian coal and steel producer Mechel has asked banks to push back its debt repayments to 2024-2026 from 2020-2024, Interfax news agency cited an executive at Russian state lender Sberbank as saying on Wednesday. Mechel, once on the brink of bankruptcy, has been in restructuring talks with its lenders for several years. Mechel submitted a new restructuring proposal to the banks in June, chief financial officer Nelli Galeeva was cited by Interfax as saying at the time, adding that the company hoped an agreement could be reached before the end of the year.
- Barrons.com
Dividend Stars Aren’t Just on S&P’s Aristocrats List. Check Out These Emerging Market Stocks.
JPMorgan highlighted a group of 64 dividend-paying stocks it calls the Emerging Markets Dividend Nobles.
- Reuters
Exclusive: London court orders asset freeze for Russia's Antipinsky oil refinery - document
A London court has issued a worldwide order to freeze 225 million euros (194 million pounds) in assets belonging to Russia's Antipinsky oil refinery, according to a copy of the order seen by Reuters. The court order was issued by the Commercial Court of the High Court of Justice on April 30 in response to a lawsuit by Russia's VTB Commodities Trading, the document shows. The New Stream Group, which owns the refinery, did not immediately respond to a request for comment.
- Reuters
Sberbank to spend 1 percent of annual profit on Rambler stake
Russia's largest bank Sberbank is to spend 1 percent of the bank's profit to buy online assets of media company Rambler Group, Chief Financial Officer Alexander Morozov said on Tuesday. Sberbank, which made a record 226.6 billion roubles ($3.51 billion) in first-quarter net profit, has signed a deal to buy a 46.5 percent stake in Rambler Group, a smaller rival to Russia's most popular search engine Yandex.
- Reuters
Russia's Sberbank invests in media group Rambler
Russia's Sberbank has signed a deal to take a 46.5 percent stake in media company Rambler Group, the lender said on Tuesday without disclosing the cost of the holding. The deal gives Russia's biggest lender an equal stake to investment holding company A&NN, with Era Capital owning the other 7 percent. Sberbank said the deal meant it would include Rambler's digital products and services on its platforms.
ReutersDubai's Emirates NBD to buy Turkey's Denizbank for 2 billion pounds in revised deal
Dubai's Emirates NBD said on Wednesday it will buy Turkey's Denizbank from Russia's Sberbank at a roughly 20 percent discount to a previously agreed price, after a steep fall in the Turkish lira. Under a new agreement reached with state-owned Sberbank, Dubai's largest lender said it will buy Turkey's fifth largest private bank for 15.48 billion lira (2.09 billion pounds), compared to the 14.6 billion lira announced in May.
ReutersRussia's top banks plot temporary sanctions workaround: sources
Leading Russian banks are working on plans to help each other retain at least short-term access to the global financial system in the event that they are hit by fresh U.S. sanctions, sources familiar with the matter told Reuters. Sberbank, VTB, Gazprombank and others are examining how they can provide each other with access to U.S. dollars or other major foreign currencies by using so-called correspondent accounts, the sources said. Banks access financial services in different jurisdictions and provide cross-border payment services to customers in various currencies through correspondent banking relationships.
- Reuters
Russia's Sberbank hits record 2018 net profit, Q4 growth slows
Sberbank, Russia's biggest lender, reported record high net profit for 2018 despite slower growth in the final quarter. Its net profit rose 11.1 percent to 831.7 billion roubles but growth slowed to 2.2 ...
- Reuters
Sberbank reports 2.2 pct rise in Q4 net profit
Sberbank reported a 2.2 percent increase in fourth-quarter net profit to 176.2 billion roubles , Russia's largest lender said on Thursday. Its full year net profit rose 11.1 percent to a record 831.7 billion ...
- Reuters
Sberbank in talks to buy media group Rambler - sources
Russia's biggest bank Sberbank is in talks to buy Russian media company Rambler Group from businessman Alexander Mamut, several sources close to the matter said. Sberbank and Rambler said they were not in talks on an acquisition when asked to comment by Reuters.
- Reuters
Russia's Sberbank is in talks to buy media holding Rambler - sources
Russia's largest lender, Sberbank, is in talks to buy Russian media holding Rambler from businessman Alexander Mamut, a source close to Sberbank, a banking source, a source close Rambler, and two industry sources told Reuters. Asked by Reuters to comment, Sberbank and Rambler denied the talks were about an acquisition.
- Reuters
Sberbank plans to sell stake in Croatia's Agrokor in H1 - RIA
MOSCOW (Reuters) - Russia's Sberbank (SBER.MM), a key shareholder in Croatian food producer and retailer Agrokor (AGROK.UL), plans to sell its stake in the first half of this year, Interfax quoted a Sberbank ...
- Reuters
Russia's sanctions-hit Sberbank, VEB winding down business in Ukraine: central bank
The Ukrainian subsidiaries of the Russian banks Sberbank and VEB - under sanction, unable to take on new business and legally barred from transferring assets out of Ukraine -- appear to be winding down their operations, the head of Ukraine's central bank said. Ukraine imposed sanctions on Russian banks amid fighting in eastern Ukraine and Russia's annexation of Crimea in 2014.
