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2022/05/31 / Erste Group Research

Oberösterreichische Landesbank AG

Die Oberösterreichische Landesbank (HYPO OÖ) ist als regionale Universalbank in ihrem Kernmarkt Oberösterreich tätig. Die Bank befindet sich zu 50,6% im Eigentum des Landes Oberösterreich und 41,1% werden von der Raiffeisenlandesbank Oberösterreich gehalten.

Die HYPO OÖ weist für 2021 ein Ergebnis nach Steuern von EUR 27,5 Mio. (VJ EUR 9,3 Mio.) aus, was einer Verdreifachung gegenüber dem Vorjahr entspricht. Der Anstieg im Vergleich zum Jahr 2020 war zum einen auf positive Bewertungseffekte im Handelsergebnis aber auch auf einen Anstieg sowohl im Nettozinsertrag und Provisionsertrag, als auch auf einen Rückgang der Risikokosten zurückzuführen.

Der Großteil der Refinanzierung stammt mit rund 30% aus Hypotheken-Pfandbriefen, gefolgt von Kundeneinlagen (25%). Die HYPO OÖ besitzt ein Emittentenrating von S&P von ‚A+‘ / ‚negativ‘. Der öffentliche Pfandbrief des Hauses ist aktuell nicht geratet. Die hypothekarischen Pfandbriefe sind mit einem ‚AA+‘ / ‚stabil‘ von S&P versehen. Beide Deckungsstöcke der Bank bestehen zu 100% aus österreichischen Deckungswerten.

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General information

AuthorErste Group Research
Date2022/05/31
Languagede
Product nameCredit News DE
Topic in focusCredits/ Corporate bonds
Economy in focusAustria
Currency in focusEuro
Sector in focus-
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