Raiffeisen Bank International AG (RAIFY)
Raiffeisen Bank International AG (RAIFY) Q2 2026 Earnings Call Transcript
Raiffeisen Bank International AG (RAIFY) Q2 2026 Earnings Call Transcript
In tussle with NLB, Raiffeisen wins takeover target Addiko's endorsement
Austria's Addiko Bank came out in support of Raiffeisen Bank International's takeover bid on Wednesday, despite a higher offer from rival suitor Nova Ljubljanska banka , citing a more certain payout.
Austria's Raiffeisen Offers to Buy Smaller Peer Addiko for $524 Million
The Vienna-based bank is offering 23.05 euros in cash for each Addiko share, in a push to expand in Central and Southeastern Europe.
Raiffeisen Bank International AG (RAIFY) Q4 2025 Earnings Call Transcript
Raiffeisen Bank International AG (RAIFY) Q4 2025 Earnings Call Transcript
Raiffeisen Bank International AG (RAIFY) Q3 2025 Earnings Call Transcript
Raiffeisen Bank International AG (OTCPK:RAIFY) Q3 2025 Earnings Call October 30, 2025 9:00 AM EDT Company Participants Johann Strobl - Chairman of the Management Board & CEO Hannes Mosenbacher - Chief Risk Officer & Member of Management Board Conference Call Participants Benoit Petrarque - Kepler Cheuvreux, Research Division Gabor Kemeny - Bernstein Autonomous LLP Riccardo Rovere - Mediobanca - Banca di credito finanziario S.p.A., Research Division Mate Nemes - UBS Investment Bank, Research Division Benjamin Maher - Keefe, Bruyette, & Woods, Inc., Research Division Simon Nellis - Citigroup Inc., Research Division Presentation Operator Good afternoon, ladies and gentlemen, and welcome to the Q3 2025 Conference Call of Raiffeisen Bank International.
Raiffeisen Bank International: Still Cheap As Earnings Set To Normalize
Despite last month's tariff jitters, shares of Raiffeisen Bank International have been a strong performer so far this year, returning nearly 40% in dollar terms. The bank's first quarter results look modest at first blush, albeit some seasonal effects and the ongoing provisioning for Polish FX mortgage litigation depressed its profitability. The latter should taper off in the coming quarters, powering decent earnings growth in 2026. Despite this, the shares continue to trade for a single-digit multiple of current earnings.
Raiffeisen Bank International: Still Trading For Less Than 6x Core Earnings
Shares of Austrian bank Raiffeisen have been a strong performer recently, driven higher by a combination of resilient core earnings and a possible end to the war in Ukraine. Provisions related to legacy Polish foreign currency mortgages came in much worse than expected at the start of last year, weighing on reported 2024 earnings. This issue will hopefully begin to fade this year, narrowing the gap between reported and core results.
Raiffeisen Bank International: Still A Buy, Although Russian Assets Should Be Considered Worthless
A Russian court order now prevents Raiffeisen Bank International from selling its Russian subsidiary. As per H1 2024, 30% of assets and 49% of earnings were in Russia. Unless other developments occur, the bank should be valued based only on its remaining assets in Austria and Central and Eastern Europe.
