- Due to the growth of global interest rates and the correlation with global banks, Sberbank shares will show good dynamics in line with the industry.
- The dividend yield of 8.5% (26.9 rubles/share) is an attractive yield for a blue-chip like Sberbank.
- Ecosystem is creating competition for the existing leaders of the marketplace, delivery services, and other markets. Total revenue from the ecosystem may reach 200+ bn rub by 2021.
- According to our estimates, the Sberbank ecosystem accounts for about 7% of the bank's total capitalization and can become an additional driver for disclosing value.
For further details see:
Sberbank Will Benefit From Rising Rates And Now Is A Good Entry Point