Professional
Added to YB: 2026-09-22
Pitch date: 2026-09-17
RAIFF [bearish]
Raiffeisen Bank International AG
-1.7%
current return
Author Info
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Company Info
Raiffeisen Bank International AG, together with its subsidiaries, offers banking services to corporate, retail, and institutional customers.
Market Cap
EUR 20.2B
Pitch Price
EUR 61.90
Price Target
N/A
Dividend
2.60%
EV/EBITDA
N/A
P/E
8.57
EV/Sales
N/A
Sector
Banks
Category
value
Raiffeisen Bank International-Linked Customs Records Show $1.19 Billion in Trade Matching Sanctions and Export-Control Restrictions While €12.6 Billion Remains Trapped in Russia
RAIFF (short): Raiffeisen’s apparent bargain — €62.70, 1.01x book and 8.4x 2026 earnings — rests on Russian profits and assets that may not benefit outside shareholders. Customs records carrying its Russian bank’s code cover $1.191B of restricted-goods trade, although they do not establish payments or violations, while €12.6B of cash is trapped in Russia. A confiscation could erase €6.5B of equity; the main countercase is timely recovery of the €3.15B Rasperia claim.
Read full article (60 min)