About the company BANK URALSIB
Security pageBank Uralsib is a universal bank with a wide regional network that grew out of a Bashkir bank and went through a financial rehabilitation procedure. Today it serves both households and corporate clients across the country. Its shares trade on the Moscow Exchange under the ticker USBN.
What the company does
The bank runs on the classic universal model: it takes deposits, lends to households and companies, and handles payments and settlements. Its earnings come from the interest margin and from fees and commissions.
A separate chapter of its history is the resolution. This is the name for the financial rehabilitation of a bank, in which the state or an investor puts in funds so that the bank keeps operating instead of having its licence revoked. For a depositor it means uninterrupted service; for a shareholder it means a period of many years when profit goes to rebuilding capital rather than to dividends.
The regional network inherited from the former structure gives the bank a presence in places where federal banks are few, but maintaining it also costs money.
Business lines
Retail business
Loans, cards and deposits for households through the regional network.
Corporate business
Lending and payment and settlement services for companies.
Leasing and related services
Financing of machinery and equipment for businesses.
History
- 1993The bank that later became the core of the financial group is founded.
- 2015Start of the financial rehabilitation procedure with the participation of an investor.
- 2020-еCompletion of the main stage of the rehabilitation and return to normal operations.
Business review
Strengths and weaknesses describe the business itself. Opportunities and threats describe what may happen around it.
Strengths
- The branch network covers regions where large banks are few.
- The retail depositor base provides stable funding.
- A universal licence allows the bank to work with every type of client.
- Digital channels lower the cost of serving a client.
Weaknesses
- The legacy of troubled assets demands attention and provisions.
- Maintaining a wide branch network is expensive as clients move to mobile channels.
- Funding is more expensive than at the largest banks, so the interest margin is narrower.
- Capital adequacy requirements limit the growth of the loan portfolio.
Opportunities
- Branches in small towns serve those whom the large banks have not reached.
- Retail deposits provide stable and relatively cheap funding.
- A high key rate increases the income from placing funds.
- Payroll schemes for the region's enterprises bring in a stable client base.
Threats
- Maintaining the branches is expensive, and footfall in them is falling year after year.
- Large banks lure the retail client away with their rates and their apps.
- A cut in the key rate squeezes the interest margin.
- The regulator's capital requirements are growing faster than the bank's profit.
Frequently asked questions
What does Bank Uralsib do?
It is a universal bank: it takes deposits, lends to households and companies, handles payments and settlements, and provides leasing services through a network of branches in various regions.
What is a bank resolution?
It is financial rehabilitation: instead of the licence being revoked, funds from the state or an investor are put into the bank so that it keeps operating. Depositors are served without interruption throughout, while the bank's profit goes to rebuilding capital for years.
Why is funding cheaper for large banks?
Because they are trusted more and people bring them money more readily, which means they can offer a lower rate on deposits. A smaller bank has to pay the depositor more, and its interest margin at the same lending rates turns out to be narrower.
Issuer profile
What the company does
The company is classified under the «Banks» sector, using the taxonomy we apply when comparing securities with one another.
The same sector holds 12 issuers on the platform, and their figures are computed by one method — so this company's revenue, profit and leverage can be compared with them directly.
The company is registered in Russia and identified in regulatory disclosure by tax number 0274062111. That number locates its statements in state registries regardless of how its name is spelled — and the spelling differs even between official documents.
Listed securities
The issuer has 2 securities listed: 1 share class, 1 bond issue. All are shown on this page, including those trading in different modes and different currencies.
Across Moscow Exchange quotation list levels the securities split as follows: 2 at level 3. The level reflects how strict the disclosure, turnover and track-record requirements the issue meets are — not how attractive the investment is.
Bond issues
The single issue matures on 28 October 2028. On that date the bond stops trading and the face value is returned to the holder's brokerage account.
The largest issue by face value is RU000A10DAZ9, with a face value of 1,000.00 ₽ per bond, maturing on 28 October 2028. Bond prices in the order book are quoted as a percentage of face value, so a quote of 98.4 means 98.4 % of that amount rather than an absolute price.
Dividend history
The issuer has made 1 payout whose record date has already passed. Recommendations and forecasts are not counted here.
The most recent payout was 0.03 ₽ per security with a record date of 4 June 2024. That is the amount before tax: the broker withholds it on crediting, so less arrives in the account.
Financial statements
The most recent annual report we hold is for 2025 under IFRS. The standard is named for a reason: IFRS and RAS compute the same quantities by different rules, disagree by design and are never averaged.
Net income for 2025 was 4.71B ₽.
Equity stands at 115.40B ₽ against total assets of 784.80B ₽. The difference between the two is the company's liabilities, and the larger it is relative to equity, the more the business depends on borrowed money.
This section is assembled from our own data on the company's securities, dividends and financial statements. It is a description, not a recommendation.