Erste Group
Financial Performance
Erste Group Revenue & Financials
Revenue
~$12.1B (FY2024)
Market Cap
$23.5B
Employees
45,000
What is Erste Group's revenue?
Erste Group had ~$12.1B in revenue for fiscal year 2024, up 1.5% from 2023.
- Latest revenue
- ~$12.1B (FY2024)
- Year-over-year
- +1.5%
- Growth rate (CAGR)
- 11.4% over 3 years
- Peak revenue
- ~$12.1B (FY2024)
- Years of data
- 4
- Employees
- 45,000
- How many employees does Erste Group have?
- Erste Group has about 45,000 employees.
Financial Analysis
Erste Group delivers outstanding financial performance characterized by strong loan volume growth, expanding fee income, and disciplined credit loss provisioning. In fiscal 2024, net profit reached €3.1 billion, supported by robust net interest income of €7.3 billion and expanding fee revenues of €2.8 billion. Group operating income surpassed €10.7 billion, while the cost-to-income ratio stood at a highly competitive 47.2%. Erste Group maintained pristine credit quality, with the non-performing loan (NPL) ratio remaining low at 2.3% and cost of risk well controlled. The bank reported a Common Equity Tier 1 (CET1) capital ratio of 15.6%, well above the regulatory requirement. Reflecting strong earnings, Erste distributed an attractive cash dividend of €3.00 per share alongside share buyback tranches.
Revenue Trend Analysis
YoY Change
+1.5%
3-Year CAGR
+11.4%
Peak Year
2024
Trend
Consistent Growth
Erste Group has 4 full fiscal year figures on this page, compounding at +11.4% annually over 3 years. The most recent year saw a 1.5% increase versus the prior year. Annual revenue peaked in fiscal year 2024 at ~$12.1B. Of 3 comparable year-over-year steps, 3 showed growth and 0 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | YoY Change |
|---|---|---|
| FY2024 | ~$12.1B | +1.5% |
| FY2023 | ~$11.9B | +23.0% |
| FY2022 | ~$9.7B | +10.7% |
| FY2021 | ~$8.7B | — |
Click any row to see year details.
Keep researching Erste Group
Erste Group Revenue and Financial FAQ
What was Erste Group's revenue in 2024?
Erste Group achieved $10.70 billion in revenue for fiscal year 2024.
Is Erste Group profitable?
Erste Group's financial performance balances disciplined operating profitability with strategic reinvestment into engineering, infrastructure, and international sales expansion.
How fast is Erste Group growing?
Erste Group has achieved solid compound annual revenue growth supported by strong enterprise customer retention and expanding average contract values.
How does Erste Group fund its capital expenditures?
Erste Group funds capital outlays through operating cash flows, institutional credit facilities, and equity capital reserves.
What is Erste Group's debt profile?
Erste Group maintains a conservative debt-to-capitalization profile, prioritizing financial flexibility and low interest obligations.
Where does Erste Group reinvest its profits?
Profits are primarily reinvested into core research and development, cloud infrastructure capacity, and international market sales teams.
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Erste Group Revenue & Financials." CorpDigest, https://corpdigest.com/company/erste-group/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Erste Group reported ~$12.1B in revenue (FY2024).</strong><br>Source: <a href="https://corpdigest.com/company/erste-group/financials" target="_blank" rel="noopener">CorpDigest — Erste Group financials</a></div>Explore Erste Group
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