Open Bank, S.A.

Financial Positions

Total Assets (2018)
8,596.09 mln EUR  (+17.16%)
Total Equity (2018)
216.12 mln EUR  (-7.22%)

In 2018 total assets of Open Bank, S.A. were 8,596.09 mln EUR. Growth compared to the previous period (2017) was 17.16%. The evolution of the total assets of Open Bank, S.A. is shown at Chart 1 below.

Total Assets of Open Bank, S.A..

Chart 1. Total Assets of Open Bank, S.A..

Recent changes in total assets of Open Bank, S.A. and its main components are shown in Table 1.

2017 2018 % change
Cash and deposits with Central Banks 7,086.8 8,220.1 +15.99%
Loans to banks 72.4 13.5 -81.41%
Loans to other clients 92.1 336.9 +265.83%
Total Assets 7,337.2 8,596.1 +17.16%

Table 1. Recent changes in total assets of Open Bank, S.A. (mln EUR).

Recent changes in total liabilities of Open Bank, S.A. and its main components are shown in Table 2.

2017 2018 % change
Bank deposits 25.4 23.5 -7.77%
Deposits from other clients 7,003.0 8,290.8 +18.39%
Total Liabilities 7,337.2 8,596.1 +17.16%

Table 2. Recent changes in total liabilities of Open Bank, S.A. (mln EUR).

Profit and Loss

Operating Income (2018)
8.10 mln EUR  (+216.93%)
Net Income (2018)
10.34 mln EUR  (+595.03%)

Recent changes in gross profit of Open Bank, S.A. and its main components are shown in Table 3.

2017 2018 % change
Interest Income 83.5 98.2 +17.60%
Interest Charges -19.6 -19.3 -1.41%
Net Interest Income 63.9 78.9 +23.42%
Commission Income 11.0 11.4 +3.79%
Commission Charges -3.9 -4.1 +5.73%

Table 3. Recent changes in gross profit of Open Bank, S.A. (mln EUR).

In 2018 net income of Open Bank, S.A. was 10.34 mln EUR. Growth compared to the previous period (2017) was 595.03%. The evolution of the net income of Open Bank, S.A. is shown at Chart 2 below.

Net Income of Open Bank, S.A..

Chart 2. Net Income of Open Bank, S.A..