Avangard Bank JSC (RTD:AVAN) Net Income: ₽3,959.62 Mil (TTM As of Dec. 2020)

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What is Avangard Bank JSC Net Income?

Avangard Bank JSC RTD:AVAN 17 Net Income is ₽3,959.62 Mil as of Dec. 2020. GuruFocus rates RTD:AVAN with a GF Score™ of 17/100. The stock has 2 warning signs investors should review.

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. Avangard Bank JSC's Net Income for the three months ended in Dec. 2020 was ₽800.40 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2020 was ₽3,959.62 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Avangard Bank JSC's Earnings per Share (Diluted) for the three months ended in Dec. 2020 was ₽9.92.


Avangard Bank JSC  (RTD:AVAN) 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:

Avangard Bank JSC's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2020 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.


Avangard Bank JSC Net Income Related Terms


Avangard Bank JSC Net Income Historical Data

* Premium members only.

The historical data trend for Avangard Bank JSC'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.

Avangard Bank JSC Net Income Chart

Avangard Bank JSC Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8,693.73 6,524.90 5,138.34 7,143.01 3,117.86

Avangard Bank JSC Quarterly Data
Dec14 Dec15 Jun16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 2,763.79 963.86 1,929.45 265.92 800.40

Avangard Bank JSC 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

Avangard Bank JSC's Net Income for the fiscal year that ended in Dec. 2020 is calculated as

Net Income(A: Dec. 2020 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=3491.96+-374.104+0+0
=3,117.86

Avangard Bank JSC's Net Income for the quarter that ended in Dec. 2020 is calculated as

Net Income(Q: Dec. 2020 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=770.324+30.072+0+0
=800.40

Net Income for the trailing twelve months (TTM) ended in Dec. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was ₽3,959.62 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 ₽3,959.62 Mil mean?
Avangard Bank JSC (RTD:AVAN) has a Net Income of ₽3,959.62 Mil as of Dec. 2020. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Avangard Bank JSC and its competitors.
Is Avangard Bank JSC's Net Income too high?
Avangard Bank JSC's current Net Income is ₽3,959.62 Mil. Overall, Avangard Bank JSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Avangard Bank JSC's Net Income compare to USB and TFC?
Avangard Bank JSC's Net Income of ₽3,959.62 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 Avangard Bank JSC and its competitors. Avangard Bank JSC's current Net Income is ₽3,959.62 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avangard Bank JSC stock overvalued right now?
Avangard Bank JSC (RTD:AVAN) has a current Net Income of ₽3,959.62 Mil. The current Net Income is ₽3,959.62 Mil. Avangard Bank JSC's overall GF Score™ is 17/100 with 2 warning signs to review. 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 Avangard Bank JSC (RTD:AVAN), the current Net Income is ₽3,959.62 Mil as of Dec. 2020. 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.

Avangard Bank JSC Business Description

Address 12 Sadovnicheskaya Street, Building 1, Moscow, RUS, 115035
Avangard JSB formerly Avangard Bank JSC operates as a regional bank in Russia. It provides commercial banking products and services to its corporate and retail clients in Russia through its branches and affiliates. It is also engaged in lending cash and settlement services rendered to private businesses. The company offers deposits, car loans, bank cards, banknotes, securities transactions, settlement and cash, currency control, and money transfer services, as well as Internet banking and other services.