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Банк АВАНГАРД (AVAN)
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Банк АВАНГАРД Income Statement 2025-2004 | AVAN
Brief overview of financial performance at Банк АВАНГАРД
The overview follows changes across a five-year period. The revenue attributed to Банк АВАНГАРД moved from 12.2 billion rubles to 15.9 billion rubles between the two endpoints. Overall revenue changed by +30.2%, equal to an annualized rate of about 5.4%. The direction is positive, but the growth rate is not particularly high.
Net income changed from 3.3 billion rubles to 3.1 million rubles (−99.9%). Lower net income weakens the overall financial picture.
The five-year change in capitalization reached +280.5%: from 22.3 billion rubles to 84.7 billion rubles. Capitalization moved ahead of the business fundamentals.
Conclusion
The five-year picture requires weighing both strengths and weaknesses. The strongest signals are a larger revenue base. Caution is warranted because of lower net income. Investors should continue to monitor margins, costs, and earnings quality.
Annual Income Statement Банк АВАНГАРД
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue |
14.2 B | 11.7 B | 11.6 B | - | - | 15.9 B | 19.7 B | 19.3 B | 19.1 B | 20 B | 12.2 B | 8.75 B | 8.6 B | 7.18 B | 5.59 B | 3.94 B | 4.35 B | 4.17 B | 3.35 B | 4.07 B | 2.46 B | 1.95 B |
Cost Of Revenue |
- | - | - | - | - | 3 B | - | 3.54 B | 4.07 B | 5.25 B | - | - | - | - | - | - | - | - | - | 4.07 B | 2.46 B | 1.95 B |
Gross Profit |
- | - | - | - | - | 12.9 B | 19.7 B | 15.8 B | 15 B | 14.7 B | 12.2 B | 8.75 B | 8.6 B | 7.18 B | 5.59 B | 3.94 B | 4.35 B | 4.17 B | 3.35 B | - | - | - |
Gross Profit Ratio |
- | - | - | - | - | 0.81 | 1 | 0.82 | 0.79 | 0.74 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | - | - | - |
General and Administrative Expenses |
5.65 B | 5.29 B | 4.57 B | - | - | 1.44 B | 1.61 B | 1.46 B | 1.28 B | 1.24 B | 1.01 B | 822 M | 869 M | 751 M | 42.1 M | 41.7 M | 38.8 M | 28.7 M | 14.4 M | - | - | - |
Selling And Marketing Expenses |
- | - | - | - | - | 151 M | 197 M | 264 M | 237 M | 221 M | 153 M | 192 M | 271 M | 499 M | 377 M | 149 M | 67.6 M | 130 M | 115 M | - | - | - |
Selling General And Administrative Expenses |
- | - | - | - | - | 1.59 B | 1.81 B | 1.72 B | 1.52 B | 1.46 B | 1.16 B | 1.01 B | 1.14 B | 1.25 B | 419 M | 190 M | 106 M | 158 M | 130 M | - | - | - |
Other Expenses |
- | - | - | - | - | 11.3 B | 5.96 B | -3.62 B | -2.92 B | -2.78 B | 4.14 B | 3.99 B | 3.58 B | 2.92 B | 2.83 B | 2.46 B | 2.16 B | 1.92 B | 1.6 B | - | - | - |
Operating Expenses |
10.9 B | 10.3 B | 9.25 B | - | - | 12.9 B | 7.77 B | 3.62 B | 2.92 B | 2.78 B | 5.3 B | 5 B | 4.72 B | 4.17 B | 3.25 B | 2.65 B | 2.26 B | 2.07 B | 1.73 B | - | - | - |
Cost And Expenses |
- | - | - | - | - | 12.9 B | 7.77 B | 13.4 B | 11.4 B | 9.53 B | 5.3 B | 5 B | 4.67 B | 4.17 B | 3.25 B | 2.65 B | 2.26 B | 2.07 B | 1.73 B | 2.85 B | 1.38 B | 1.49 B |
Interest Expense |
5.51 B | 6.34 B | 3.73 B | - | - | 1.37 B | 1.85 B | 1.82 B | 2.7 B | 3.96 B | 4.75 B | 3.75 B | 3.92 B | 3.49 B | 2.45 B | 2.08 B | 2.89 B | 2.07 B | 1.7 B | - | - | - |
Depreciation And Amortization |
300 M | 400 M | 200 M | - | - | 310 M | 367 M | 243 M | 225 M | 257 M | 305 M | 302 M | 238 M | 218 M | 177 M | 137 M | 166 M | 48.8 M | 84.1 M | - | - | - |
EBITDA |
- | - | - | - | - | - | 8.87 B | 6.28 B | 7.91 B | 10.7 B | 3.58 B | 1.95 B | 1.55 B | 3.45 B | - | - | - | - | - | 1.22 B | 1.08 B | 459 M |
EBITDA Ratio |
- | - | - | - | - | - | 0.45 | -0.01 | -0.01 | -0.01 | -0.01 | -0.01 | -0.0 | 0.75 | 0.62 | 0.74 | 0.83 | 0.76 | 0.93 | 0.3 | 0.44 | 0.24 |
Operating Income |
- | - | - | - | - | 3.23 B | 8.51 B | 6.31 B | 7.91 B | 10.6 B | 3.41 B | 1.75 B | 1.34 B | 5.16 B | 3.28 B | 2.76 B | 3.44 B | 3.13 B | 3.02 B | 1.22 B | 1.08 B | 459 M |
Operating Income Ratio |
- | - | - | - | - | 0.2 | 0.43 | 0.33 | 0.41 | 0.53 | 0.28 | 0.2 | 0.16 | 0.72 | 0.59 | 0.7 | 0.79 | 0.75 | 0.9 | 0.3 | 0.44 | 0.24 |
Income Before Tax |
5.85 B | 5.04 B | 281 M | - | - | 3.49 B | 8.51 B | 6.04 B | 7.69 B | 10.4 B | 3.27 B | 1.65 B | 1.32 B | 1.67 B | 831 M | 681 M | 553 M | 1.06 B | 1.32 B | 1.22 B | 1.15 B | 464 M |
Income Before Tax Ratio |
- | - | - | - | - | 0.22 | 0.43 | 0.31 | 0.4 | 0.52 | 0.27 | 0.19 | 0.15 | 0.23 | 0.15 | 0.17 | 0.13 | 0.25 | 0.39 | 0.3 | 0.47 | 0.24 |
Income Tax Expense |
- | - | - | - | - | 374 M | 1.36 B | 904 M | 1.16 B | 1.74 B | 572 M | 202 M | 263 M | 238 M | 123 M | 171 M | 123 M | 110 M | 341 M | 214 M | 254 M | 69.9 M |
Net Income Ratio |
0.41 | 0.43 | 0.02 | - | - | 0.2 | 0.36 | 0.27 | 0.34 | 0.44 | 0.22 | 0.17 | 0.12 | 0.2 | 0.13 | 0.13 | 0.1 | 0.23 | 0.29 | 0.25 | 0.36 | 0.2 |
Earnings Per Share, EPS |
72 | 62 | 3 | - | - | 38.6 | 88.5 | 63.7 | 80.8 | 108 | 33.5 | 18 | 13 | 17.8 | 9.5 | 7.48 | 6.31 | 13.9 | 12.2 | 34.1 | 29.9 | 13.2 |
EPS Diluted |
72 | 62 | 3 | - | - | 38.6 | 88.5 | 63.7 | 80.8 | 108 | 33.5 | 18 | 13 | 17.8 | 9.5 | 7.48 | 6.31 | 13.9 | 12.2 | - | - | - |
Weighted Average Shares Outstanding |
80.7 M | 80.7 M | 80.7 M | 80.7 M | 80.7 M | 80.7 M | 80.7 M | 80.7 M | 80.7 M | 80.7 M | 80.7 M | 80.5 M | 81 M | 80.5 M | 74.5 M | 68.2 M | 68.2 M | 68.2 M | 80.9 M | 59.1 M | 59.2 M | 59.2 M |
Annual performance
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All numbers in RUB currency
Quarterly Income Statement Банк АВАНГАРД
| 2026-Q2 | 2025-Q4 | 2025-Q2 | 2024-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue |
4.81 B | 8.56 B | 5.67 B | 6.39 B | 3.6 B | 8.85 B | 3.47 B | 3.59 B | 2.76 B | 4.12 B | 2.37 B | 5.54 B | 4.77 B | 4.31 B | 5.06 B | 4.78 B | 4.2 B | 3.53 B | 3.27 B | 3.57 B | 4.17 B | 3.79 B | 3.49 B | 9.53 B | 1.54 B | 1.35 B | 3.66 B | 9.4 B | 8.58 B | 2.82 B | 7.61 B | 1.88 B | 1.45 B | 1.45 B | 1.98 B | 1.98 B | 1.01 B |
Gross Profit |
- | - | - | - | 3.6 B | 8.85 B | 3.47 B | 3.59 B | 2.76 B | 4.12 B | 2.37 B | 5.54 B | 4.77 B | 4.31 B | 5.06 B | 4.78 B | 4.2 B | 3.53 B | 3.27 B | 3.57 B | 4.17 B | 3.79 B | 3.49 B | 9.53 B | 1.54 B | 1.35 B | 3.66 B | 9.4 B | 8.58 B | 2.82 B | 7.61 B | 1.88 B | 1.45 B | 1.45 B | 1.98 B | 1.98 B | 1.01 B |
Gross Profit Ratio |
- | - | - | - | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
General and Administrative Expenses |
3.58 B | 2.19 B | 3.46 B | - | 698 M | 349 M | 349 M | 459 M | 394 M | 272 M | 611 M | 377 M | 475 M | 359 M | 399 M | 494 M | 407 M | 295 M | 260 M | 428 M | 296 M | 300 M | 257 M | 123 M | 370 M | 337 M | 176 M | 95.7 M | 203 M | 182 M | 213 M | 213 M | 120 M | 120 M | 291 M | 291 M | 40.7 M |
Selling And Marketing Expenses |
- | - | - | - | 61.4 M | 30.7 M | 30.7 M | 44.6 M | 34.7 M | 24.3 M | 47.2 M | 54.5 M | 45.2 M | 30.8 M | 66.4 M | 44.4 M | 112 M | 47 M | 61.4 M | 61.8 M | 38.1 M | 65.8 M | 71.3 M | 73.4 M | 60.9 M | 55.1 M | 31.1 M | 66.7 M | 39.5 M | 29.5 M | 63.8 M | 63.8 M | 32.1 M | 32.1 M | 78.1 M | 78.1 M | 57.6 M |
Selling General And Administrative Expenses |
- | - | - | - | 2.95 B | 1.48 B | 1.48 B | 503 M | 428 M | 297 M | 1.8 B | 432 M | 520 M | 390 M | 466 M | 539 M | 519 M | 342 M | 321 M | 490 M | 335 M | 365 M | 328 M | 1.2 B | 1.17 B | 1.03 B | 1.12 B | 1.21 B | 1.01 B | 1.08 B | 1.14 B | 1.14 B | 897 M | 897 M | 1.15 B | 1.15 B | 782 M |
Other Expenses |
- | - | - | - | - | -2.17 B | - | 1.62 B | 1.52 B | 1.31 B | 2 B | 1.66 B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -1.21 B | -824 M | - | -2.58 B | - | - | - | - | - | - |
Operating Expenses |
5.39 B | 5.65 B | 5.28 B | 5.3 B | 2.49 B | 2.17 B | 1.89 B | 2.13 B | 1.94 B | 1.61 B | 2 B | 2.09 B | 1.92 B | 1.8 B | 1.97 B | 1.84 B | 1.79 B | 1.58 B | 1.58 B | 1.66 B | 1.36 B | 1.5 B | 1.42 B | 1.48 B | 1.46 B | 1.3 B | 1.42 B | 1.21 B | 824 M | 1.31 B | 2.58 B | 1.36 B | 1.14 B | 1.14 B | 1.34 B | 1.34 B | 998 M |
Cost And Expenses |
- | - | - | - | 2.49 B | 5.7 B | 1.89 B | 2.13 B | 1.94 B | 1.61 B | 2 B | 2.09 B | 1.92 B | 1.8 B | 1.97 B | 1.84 B | 1.79 B | 1.58 B | 1.58 B | 1.66 B | 1.36 B | 1.5 B | 1.42 B | 1.48 B | 1.46 B | 1.3 B | 1.42 B | 8.38 B | 6.33 B | 1.31 B | 6.58 B | 1.36 B | 1.14 B | 1.14 B | 1.34 B | 1.34 B | 998 M |
Interest Expense |
- | - | - | - | - | - | - | 280 M | 319 M | 354 M | 418 M | 434 M | 459 M | 495 M | 465 M | 440 M | 431 M | 439 M | 507 M | 559 M | 668 M | 702 M | 771 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Depreciation And Amortization |
200 M | 200 M | 200 M | - | -947 M | 115 M | -1.65 B | 72.5 M | 78.6 M | 78.9 M | -316 M | 186 M | 60.7 M | 60.9 M | 59 M | 58.7 M | 62.3 M | 59.7 M | 61.8 M | 47.4 M | 61.7 M | 58.6 M | 57.5 M | -8.1 B | -142 M | -101 M | -2.29 B | 150 M | 155 M | -1.54 B | 153 M | -540 M | -334 M | -334 M | -638 M | -638 M | -32 M |
EBITDA |
- | - | - | - | 311 M | -79.4 M | -79.4 M | 843 M | 391 M | 2.28 B | 892 M | 3.47 B | 2.41 B | 923 M | 2.07 B | 1.56 B | 1.84 B | 1.6 B | 1.29 B | 2.08 B | 2.46 B | 1.1 B | 2.17 B | -55.3 M | -55.4 M | -5.31 M | -45.5 M | -39.5 M | -29.4 M | -31.1 M | -26.4 M | -26.4 M | 187 M | 187 M | 4.2 M | 4.2 M | 4.73 M |
EBITDA Ratio |
- | - | - | - | 0.086 | -0.009 | -0.023 | 0.235 | 0.142 | 0.554 | 0.449 | 0.626 | 0.505 | 0.214 | 0.409 | 0.325 | 0.438 | 0.451 | 0.395 | 0.583 | 0.588 | 0.317 | 0.623 | -0.006 | -0.036 | -0.004 | -0.012 | -0.004 | -0.003 | -0.011 | -0.003 | -0.014 | 0.129 | 0.129 | 0.002 | 0.002 | 0.005 |
Operating Income |
- | - | 7.87 B | - | 947 M | 1.65 B | 1.65 B | 770 M | 312 M | 2.2 B | 1.06 B | 3.28 B | 2.35 B | 863 M | 2.01 B | 1.5 B | 1.78 B | 1.54 B | 1.23 B | 2.04 B | 2.39 B | 1.14 B | 2.12 B | 8.1 B | 142 M | 101 M | 2.29 B | 987 M | 774 M | 1.54 B | 540 M | 540 M | 334 M | 334 M | 638 M | 638 M | 32 M |
Operating Income Ratio |
- | - | 1.39 | - | 0.263 | 0.187 | 0.477 | 0.215 | 0.113 | 0.535 | 0.449 | 0.593 | 0.492 | 0.2 | 0.397 | 0.313 | 0.423 | 0.434 | 0.377 | 0.57 | 0.574 | 0.301 | 0.607 | 0.85 | 0.092 | 0.075 | 0.625 | 0.105 | 0.09 | 0.546 | 0.071 | 0.288 | 0.231 | 0.231 | 0.322 | 0.322 | 0.032 |
Income Before Tax |
- | - | - | - | 1.11 B | 3.15 B | 1.57 B | 770 M | 312 M | 2.2 B | 1.06 B | 3.28 B | 2.35 B | 863 M | 2.01 B | 1.5 B | 1.78 B | 1.54 B | 1.23 B | 2.04 B | 2.39 B | 1.14 B | 2.12 B | 8.05 B | 86.6 M | 55.1 M | 2.24 B | 1.02 B | 2.26 B | 1.51 B | 1.03 B | 513 M | 312 M | 312 M | 642 M | 642 M | 15.5 M |
Income Before Tax Ratio |
- | - | - | - | 0.308 | 0.356 | 0.454 | 0.215 | 0.113 | 0.535 | 0.448 | 0.593 | 0.492 | 0.2 | 0.397 | 0.313 | 0.423 | 0.434 | 0.377 | 0.57 | 0.574 | 0.301 | 0.607 | 0.844 | 0.056 | 0.041 | 0.612 | 0.108 | 0.263 | 0.535 | 0.135 | 0.273 | 0.215 | 0.215 | 0.324 | 0.324 | 0.015 |
Income Tax Expense |
- | - | - | - | 76 M | 497 M | 248 M | -30.1 M | 46.1 M | 270 M | 98.1 M | 520 M | 415 M | 193 M | 234 M | 238 M | 329 M | 164 M | 173 M | 322 M | 453 M | 44.6 M | 344 M | 1.51 B | 30 M | 20.5 M | 222 M | 176 M | 396 M | 246 M | 411 M | 206 M | 105 M | 105 M | 142 M | 142 M | 10.7 M |
Net Income Ratio |
0.208 | 0.443 | 0.363 | 0.529 | 0.329 | 0.3 | 0.382 | 0.223 | 0.096 | 0.469 | 0.407 | 0.499 | 0.405 | 0.155 | 0.351 | 0.263 | 0.345 | 0.388 | 0.324 | 0.48 | 0.465 | 0.289 | 0.508 | 0.686 | 0.037 | 0.056 | 0.552 | 0.09 | 0.217 | 0.448 | 0.081 | 0.164 | 0.288 | 0.288 | 0.253 | 0.253 | 0.026 |
Earnings Per Share, EPS |
12.4 | 47 | 25.6 | 41.9 | 14.7 | 32.9 | 16.4 | 9.92 | 3.3 | 23.9 | 11.9 | 34.2 | 24 | 8.29 | 15.2 | 15.6 | 17.9 | 17 | 13.1 | 21.2 | 24.1 | 13.6 | 22 | 81 | 0.7 | 0.94 | 25 | 10.4 | 23.1 | 15.7 | 7.62 | 3.84 | 5.15 | 5.15 | 6.66 | 6.66 | 0.3 |
EPS Diluted |
12.4 | 47 | 25.6 | 41.9 | 14.7 | 32.9 | 16.4 | 9.92 | 3.3 | 23.9 | 11.9 | 34.2 | 24 | 8.29 | 15.2 | 15.6 | 17.9 | 17 | 13.1 | 21.2 | 24.1 | 13.6 | 22 | 81 | 0.7 | 0.94 | 25 | 10.4 | 23.1 | 15.7 | 7.62 | 3.84 | 5.15 | 5.15 | 6.66 | 6.66 | 0.3 |
Weighted Average Shares Outstanding |
80.7 M | 80.7 M | 80.7 M | 80.7 M | 80.7 M | 80.7 M | 80.7 M | 80.7 M | 80.7 M | 80.7 M | 80.7 M | 80.7 M | 80.7 M | 80.7 M | 80.7 M | 80.7 M | 80.7 M | 80.7 M | 80.7 M | 80.7 M | 80.7 M | 80.7 M | 80.7 M | 80.8 M | 80.7 M | 80.6 M | 80.8 M | 80.7 M | 80.7 M | 80.6 M | 80.7 M | 80.1 M | 80.9 M | 80.9 M | 75.1 M | 75.1 M | 86.9 M |
Quarterly performance
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All numbers in RUB currency
The income statement is one of the three key financial reports of a company Банк АВАНГАРД (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.