JSC VTB Bank (MIC:VTBR) Net Income: ₽285,000 Mil (TTM As of Jun. 2023)

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MIC:VTBR JSC VTB Bank MIC:VTBR
17 GF Score
Price ₽57.57
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What is JSC VTB Bank Net Income?

JSC VTB Bank MIC:VTBR +2.08% 17 Net Income is ₽285,000 Mil as of Jun. 2023. GuruFocus rates MIC:VTBR with a GF Score™ of 17/100.

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. JSC VTB Bank's Net Income for the six months ended in Jun. 2023 was ₽285,000 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2023 was ₽285,000 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. JSC VTB Bank's Earnings per Share (Diluted) for the six months ended in Jun. 2023 was ₽81.35.


JSC VTB Bank  (MIC:VTBR) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

JSC VTB Bank's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


JSC VTB Bank Net Income Related Terms


JSC VTB Bank Net Income Historical Data

* Premium members only.

The historical data trend for JSC VTB Bank's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

JSC VTB Bank Net Income Chart

JSC VTB Bank Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 181,900.00 202,000.00 80,600.00 325,300.00 -619,500.00

JSC VTB Bank Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Dec22 Jun23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 32,700.00 169,700.00 155,600.00 0.00 285,000.00
MIC:VTBR
17GF Score
JSC VTB Bank MIC:VTBR
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
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JSC VTB Bank Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

JSC VTB Bank's Net Income for the fiscal year that ended in Dec. 2022 is calculated as

Net Income(A: Dec. 2022 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-797200+184600+0+-6900
=-619,500

JSC VTB Bank's Net Income for the quarter that ended in Jun. 2023 is calculated as

Net Income(Q: Jun. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=349900+-65300+0+400
=285,000

Net Income for the trailing twelve months (TTM) ended in Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₽285,000 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Income →
What does a Net Income of ₽285,000 Mil mean?
JSC VTB Bank (MIC:VTBR) has a Net Income of ₽285,000 Mil as of Jun. 2023. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on JSC VTB Bank and its competitors.
Is JSC VTB Bank's Net Income too high?
JSC VTB Bank's current Net Income is ₽285,000 Mil. Overall, JSC VTB Bank has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does JSC VTB Bank's Net Income compare to USB and PNC?
JSC VTB Bank's Net Income of ₽285,000 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income for a Banks company?
A good Net Income depends on the Banks industry context. However, Net Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on JSC VTB Bank and its competitors. JSC VTB Bank's current Net Income is ₽285,000 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JSC VTB Bank stock overvalued right now?
JSC VTB Bank (MIC:VTBR) has a current Net Income of ₽285,000 Mil. The current Net Income is ₽285,000 Mil. JSC VTB Bank's overall GF Score™ is 17/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For JSC VTB Bank (MIC:VTBR), the current Net Income is ₽285,000 Mil as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

JSC VTB Bank Business Description

Address 11A Degtyarniy Lane, Saint Petersburg, RUS, 191144
JSC VTB Bank and its subsidiaries are providers of banking products and services, domiciled in the Russian Federation. The bank earns the majority of its revenue domestically. Its revenue driver of the bank is the corporate/investment banking segment, which offers services such as commercial lending, currencies, export and import transactions, securities trading, derivatives, broking, dealing, corporate finance, asset management, and financial consulting.
17GF Score

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Net Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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