Targobank, S.A.

Financial Positions

Total Assets (2018)
2,621.40 mln EUR  (+1.65%)
Total Equity (2018)
241.00 mln EUR  (-10.40%)

In 2018 total assets of Targobank, S.A. were 2,621.40 mln EUR. Growth compared to the previous period (2017) was 1.65%. The evolution of the total assets of Targobank, S.A. is shown at Chart 1 below.

Total Assets of Targobank, S.A..

Chart 1. Total Assets of Targobank, S.A..

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

2017 2018 % change
Cash and deposits with Central Banks 255.8 234.8 -8.21%
Loans to banks 0.0 33.3
Loans to other clients 2,249.9 2,246.7 -0.14%
Total Assets 2,578.9 2,621.4 +1.65%

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

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

2017 2018 % change
Bank deposits 304.8 430.3 +41.18%
Deposits from other clients 1,914.1 1,842.9 -3.72%
Total Liabilities 2,578.9 2,621.4 +1.65%

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

Profit and Loss

Operating Income (2018)
-19,690,990.00 EUR  (-70.10%)
Net Income (2018)
-19,690,990.00 EUR  (-70.97%)

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

2017 2018 % change
Interest Income 54.3 55.7 +2.71%
Interest Charges -4.5 -2.9 -35.35%
Net Interest Income 49.8 52.8 +6.13%
Commission Income 22.0 23.3 +5.74%
Commission Charges -2.3 -5.1 +119.19%

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

In 2018 net income of Targobank, S.A. was -19,690,990.00 EUR. Decline compared to the previous period (2017) was -70.97%. The evolution of the net income of Targobank, S.A. is shown at Chart 2 below.

Net Income of Targobank, S.A..

Chart 2. Net Income of Targobank, S.A..