Earnings Report /
Russia

Sberbank: July 2021 RAS results – Positive

  • Sberbank (SBER RX / SBERP RX: O/W; TP RUB309 / RUB285) reported July 2021 RAS numbers

  • F&C income grew 7% y/y in July (+17% y/y in 7M21)

  • Opex grew 11% y/y in July and 9% y/y in 7M21

Evgeniy Kipnis
Evgeniy Kipnis

Senior Banking/Consumer Analyst

Alfa
6 August 2021
Published by