Kostin reminded that at the end of 2025 this indicator amounted to…
Kostin reminded that at the end of 2025 this indicator amounted to 502 billion rubles, and in 2024 VTB received a record net profit of 551 billion rubles. VTB's net profit according to IFRS in May was 27.3 billion rubles, and by the end of the first five months of 2026 it totaled 190.1 billion rubles.
Consensus
- The Central Bank of Russia registered an additional issuance of ordinary shares of VTB Bank.
- The registration number assigned to the issuance is 10401000B.
- The share placement will be conducted through a public subscription.
- The funds raised from the issuance will be used to finance a strategic partnership with Wildberries Russ.
- The maximum volume of the additional issuance is estimated at 547.5 billion rubles, based on a price of 87 rubles per share.
Points of divergence
- VTB plans to issue up to 6.29 billion shares, which constitutes approximately 49% of the total number of ordinary shares. — kommersant
- On June 30, VTB shareholders approved an additional share issuance worth 314 billion rubles. — vedomosti
- The management previously indicated that the SPO is expected to raise between 300–400 billion rubles and may take place in August. — kommersant
- VTB aims to complete the placement by the end of summer, with no mention of a specific timeframe for completion beyond that. — vedomosti
- The acquisition involves VTB purchasing a 5% stake in RVC Bank with potential for further increase in ownership. — kommersant
- VTB's CEO, Andrei Kostin, stated that the bank may conduct additional share issuances in the future but will be limited by the need to preserve state control. — vedomosti
Coverage (2 sources)
- Central Bank registered additional issuance of VTB at 547.5 billion rubles — Коммерсантъ
- Central Bank registered additional share issuance of VTB — Ведомости