Erste Group Bank AG operates within the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Erste Group Bank AG with three other
banks in Europe:
sales of 78.94 billion Norwegian Kroner [US$9.29 billion]
of which 27%
was Large Corporates and International),
Santander UK PLC
of the United Kingdom
(£8.03 billion [US$10.01 billion]
of which 37%
was Retail Banking), and
Skandinaviska Enskilda Banken
based in Sweden
(80.67 billion Swedish Kronor [US$9.15 billion]
of which 35%
was Large Corporates & Financial Institution).
During the year ended December of 2015, sales at
Erste Group Bank AG were 9.34 billion Euro (US$10.08 billion).
a very small
increase of 1.8%
versus 2014, when the company's sales were 9.17 billion Euro.
Despite this increase, sales are still
below the level achieved in 2013, when Erste Group Bank AG
reported sales of 10.20 billion Euro.
Sales of Corporate Center saw an increase
that was more than double the company's growth rate: sales were up
14.6% in 2015, from
183.30 million Euro to 210.10 million Euro.
Erste Group Bank AG also saw significant increases in sales in
Savings Banks (up 3.8% to 1.43 billion Euro)
Large Corporates (up 2.9% to 331.90 million Euro)
Commercial Real Estate (up 12.0% to 230.40 million Euro)
Not all segments of Erste Group Bank AG experienced an increase in sales in 2015:
sales of Other Corporate fell 13.4% to 86.10 million Euro.
(However, this segment's sales were only a very small portion of the company's overall sales).
Erste Group Bank AG also experienced decreases in sales in
Sme (down 0.8% to 826.00 million Euro)