Goldman Sachs Lowers Expectations for Austrian Banks

Businessn.a. ♦ Published: August 27, 2012; 19:47 ♦ (Vindobona)

The U.S. investment bank anticipates decreasing earnings.

Goldman Sachs Lowers Expectations for Austrian Banks / Picture: © Erste Group / Helmut Lackner

For RBI (Raiffeisen Bank International), Goldman Sachs expects earnings per share of € 4.73 in 2012. In 2013, EPS should come at € 5.07. In 2014, Goldman Sachs expects RBI to record EPS of € 5.59. Dividends are expected to amount to € 1.05 in 2012 and the two consecutive years. According to Goldman Sachs, the situation in Romania and Hungary remains difficult for Erste Group.…