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Banca Transilvania S.A. (TLV.RO) - analysis, score and valuation

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Is it worth investing?

Banca Transilvania S.A. is a remarkable business, at an attractive price.

34.78 lei +52.56% over 12 months Last updated: iun. 15, 2026

Banca Transilvania S.A. (TLV) is a company in the Banks - Regional industry, listed on RO, with a market capitalisation of 37.9 billion RON. The stock trades at 34.78 RON, close to its 52-week high.

Against trailing twelve-month earnings, the price asks 8.5 times profit, versus 11.2 times for the industry median. Return on equity stands at 25.1%, against an industry median of 11.5%. Revenue has grown 18.7% a year over the past five years.

Over the past twelve months the stock returned +52.6%, against +70.9% for BETTR over the same period. The analysis below covers valuation, profitability, growth, the balance sheet and price behaviour, with data updated daily.

Key data

Price and Trading

  • OpenThe price at which Banca Transilvania S.A. shares first traded in the latest session.
  • CloseThe price of the last Banca Transilvania S.A. trade in the session that closed.
  • Day rangeThe lowest and highest price Banca Transilvania S.A. shares reached in that session.
  • VolumeHow many Banca Transilvania S.A. shares changed hands in the latest session.
  • 52-week rangeThe lowest and highest price of Banca Transilvania S.A. shares over the past year.
  • Position in the 52-week rangeWhere the current price of Banca Transilvania S.A. shares sits between the low and the high of the past year. 100% means right at the high.
  • 50-day averageThe average price of Banca Transilvania S.A. shares over the last 50 sessions. Shows the short-term trend.
  • 200-day averageThe average price of Banca Transilvania S.A. shares over the last 200 sessions. Shows the long-term trend.
  • Market capThe market value of all Banca Transilvania S.A. shares combined.

Some values update after the trading session opens, others are recalculated after it closes.

Earnings and Valuation

  • Earnings per shareHow much net profit belongs to a single Banca Transilvania S.A. share over the last twelve months.
  • Estimated earnings, current yearThe earnings per share analysts expect from Banca Transilvania S.A. for the current financial year.
  • Estimated earnings, next yearThe earnings per share expected from Banca Transilvania S.A. for the following financial year.
  • Revenue per shareHow much of the annual sales of Banca Transilvania S.A. belongs to a single share.
  • Book value per shareHow much Banca Transilvania S.A. equity belongs to one share, once debt is subtracted from assets.
  • Revenue, last 12 monthsTotal Banca Transilvania S.A. sales across the last four reported quarters.
  • Price / earningsHow many years of current profit a Banca Transilvania S.A. share costs at today price.
  • Forward price / earningsThe same ratio, but against the profit Banca Transilvania S.A. is expected to make next year.
  • PEGThe price/earnings ratio of Banca Transilvania S.A. divided by its growth rate. Below 1 is considered cheap relative to how fast it grows.
  • Enterprise value / EBITDAThe price of the whole Banca Transilvania S.A. business, debt included, against operating profit before depreciation.

Some values update after the trading session opens, others are recalculated after it closes.

Return and Risk

Moderate risk · 48
  • Net marginHow much net profit Banca Transilvania S.A. keeps out of every unit of sales.
  • Return on equityHow much net profit Banca Transilvania S.A. produces from shareholder money.
  • Dividend yieldHow much Banca Transilvania S.A. pays out in dividends each year, relative to the share price.
  • Dividend per shareThe estimated annual amount received for each Banca Transilvania S.A. share held.
  • Payout ratioWhat share of Banca Transilvania S.A. profit goes back to shareholders as dividends. The rest stays in the company.
  • BetaHow strongly Banca Transilvania S.A. shares move against the market. 1 means the same, above 1 means wider swings.
  • Days to cover short positionsHow many normal trading days it would take to close every short position on Banca Transilvania S.A..

Some values update after the trading session opens, others are recalculated after it closes.

Indicators for Banca Transilvania S.A. (TLV) stock

How good the business is, how expensive the price is, and what the chart is doing for TLV stock. How we calculate the three indicators

Fundamentals

74.4Out of 100

Solid

It stands best on growth, 93.4 out of 100; lowest, health and risk, at 48.1. Against its sector it stands at 62 out of 100, so the two readings confirm each other.

Quality81.7
Growth93.4
Health and risk48.1
Return on assets100.0
Return on equity100.0
Piotroski F-Score22.2

Valuation

63.4Out of 100

Slightly cheap

The business produces 4.8 percentage points a year more than the interest on a government bond. It is at its 52-week high.

Earnings against market capitalisation: 71.8 out of 100

Earnings yield74.9
P/E (TTM)68.7

Price against estimated value: 54.9 out of 100

Margin of safety58.4
Price / floor value51.4

Technical

+3Out of ±100

Neutral

Signals: 5 positive and 4 negative, with a strong trend (ADX 27). The heaviest weight comes from the “volume and money flow” family, and no signal family points the other way.

Price against the moving averages: +0.67

Price vs MA200+18.2% from the average
Price vs MA50+1.8% from the average
MA50 vs MA200Short average above the long one

MACD: 0.00

MACD histogram-0.088
MACD line vs 0+0.11

Position in the recent range: 0.00

RSI 1452.8
CCI 20-51
Bollinger %B0.49

Long-term momentum: 0.00

Aroon oscillator-44
Coppock-1.3
12-month momentum+54% a year, +47% above the rate

Volume and money flow: -1.00

Money flow CMF-0.490
OBV volume, 50dSlope -0.050

Breakouts and reversals: +0.50

Parabolic SARBelow price, rising
Donchian channelInside the 20-day channel

Banca Transilvania S.A. (TLV) stock: arguments for and against

What supports and what weakens the investment case for TLV stock

Pro12 arguments
  • Shareholders' money earns 25.1% a year.For every unit of capital put in by shareholders, the company produces 25.1% of profit a year. At banks this figure is structurally higher, because the business works with depositors' money. Companies in the Financial Services sector produce 11.9%.
  • Out of every 100 units Banca Transilvania S.A. (TLV) sells, 40.4% is left as profit.Out of every 100 units of revenue, 40.4% is left as profit. At banks revenue is the difference between interest earned and interest paid, so the margin does not compare with a company that sells products. Companies in the Financial Services sector retain 19.6%.
  • The dividend yields 6.0% a year, more than peers.The dividend yields 6.0% a year on the share price. Companies in the Financial Services sector pay 7.0%.
  • Revenue is growing at 18.7% a year.Sales are rising 18.7% a year. Companies in the Financial Services sector grow 11.2% a year on average.
  • At today's price, Banca Transilvania S.A. shares cost the equivalent of 7.7 years of earnings.If profit stays where it is, the investment would pay for itself in 7.7 years. Companies in the Financial Services sector need 11.8 years.
  • The 50-day price average sits above the 200-day.The price sits 18.2% above its 200-day average. Many investors watch this pattern as a sign of an upward trend.
  • The dividend takes 47.0% of profit, leaving room to grow.For every 100 units of profit, 47.0% goes to shareholders and the rest stays in the business. Companies in the Financial Services sector pay out 36.1%.
  • Revenue at Banca Transilvania S.A. rose in each of the last four quarters, by 15.8% on average.Every quarter came in above the same quarter a year earlier, so the growth is not a single good period. The comparison is year over year precisely so seasonality cannot flatter it.
  • In the latest reported quarter, revenue was 12.3% above the same quarter a year earlier.This is the freshest published sales figure and it is set against the equivalent period, not the previous quarter, so seasonality cannot inflate it.
  • Shareholder equity grew by 31.5% over one year.The part of the company that belongs to shareholders got bigger. It grows out of retained profit or revaluation, not out of borrowed money.
  • For Banca Transilvania S.A., the model puts the odds of trading above today’s price a year from now at 84%.It is a distribution of possible outcomes computed on similar past cases, not a price target. Read it as a frequency, not as a promise.
  • It passes 12 of 18 profile checks, that is 72%.The checks come from different investing styles, from value to growth and quality. Passing many of them means the share fits more than one kind of portfolio.
Against5 arguments
  • Passes only 2 of the nine financial health checks.The Piotroski score counts nine simple things: whether the firm is profitable, whether it generates cash, whether debt is falling, whether margins are improving. Here only 2 pass.
  • For Banca Transilvania S.A. (TLV) shares there is no public data on what management and funds are buying.On the market where the shares trade, transactions by management and by funds are not disclosed publicly. These informed-flow signals, available for US companies, are missing here.
  • At Banca Transilvania S.A., no barrier is found that would keep competitors at a distance.Neither scale, nor brand, nor the cost of switching supplier stops a determined rival. Without such a barrier, earnings are harder to defend.
  • Over the last twelve months, Banca Transilvania S.A. shares trailed the BETTR index by 18.3 points, returning 52.6%.Anyone holding the index instead of the share would have had a better year. The gap says how much, not why.
  • It had 15 sharp price moves over the past year.These are the days when the price jumped well beyond its usual swing. Many of them mean the position takes nerve, however good the business is.

Verdict

The Banca Transilvania S.A. score from 0 to 100, built from over 400 financial indicators. Not investment advice.

Very attractive
Fairly pricedBalancedQuality
  • In Financial Services, Banca Transilvania S.A. is above the sector average on momentum.
  • very attractive verdicts returned a median of +24.6% over one year, across 6,460 assessments.

Banca Transilvania S.A. trades 25% below its estimated value.
And revenue grows 18% a year.

The price asks only 7.7 times last year's profit. It earns 25% a year on shareholders' money. It pays a dividend of 6.0% a year.

Analysis produced automatically by einvestitii.ro, on data as of oct. 1, 2026. It is not investment advice. Who produces it, what it rests on and what conflicts of interest exist: see the full disclosure.

What it is really worth

Value & Valuation

The market price is what buyers are asking today. Here we work out what the share should cost based on the company’s own figures: using the valuation models professional investors rely on, the growth the current price assumes, and the target set by the analysts who follow the company.

what analysts think

What the analysts covering Banca Transilvania S.A. think, and where they see the price 12 months out. These are their estimates, not ours.

Price target

Where analysts see Banca Transilvania S.A. shares 12 months out

36.87 lei

−3.74% against today price

52-week low 24.57 lei52-week high 39.36 lei
  • today34.78 lei
  • target36.87 lei
Rise from the low of the past year+41.56%
Fall from the high of the past year−11.64%
  • Price today34.78 lei
  • Revisions, last 30 days1 ↑0 ↓
  • Expected earnings growth+5.31%

Analyst estimates, third-party source.

Transparency · MAR

fair value

Slightly undervalued

What Banca Transilvania S.A. shares should cost, according to the valuation models of the best-known investors in history.

Estimated fair value

The average of the Graham, Lynch models, and others.

46.41 lei+33.4% versus price

the price is at 75% of the estimate from 3 models

×0.5×1
fair range 21.27 lei - 59.45 leiprice today 34.78 lei

Logarithmic scale; the marks are multiples of the fair value.

Price versus estimate 0.75×Confidence in the estimate: HighSpread across models 42%Median of 3 models

These are estimates, not price targets: every model starts from assumptions about the future, and if the assumptions change, so does the number.

The models, one by one

3 methods with a value for Banca Transilvania S.A.. The fair value above is the median across 3 of them, chosen by how well they fit the company. All of them are here, for reference.

Graham Number46.41 lei+33.4% versus price
Lynch Fair Price39.03 lei+12.2% versus price
Absolute floor36.00 lei+3.5% versus price

Transparency · MAR

projections

These are not predictions. The model splits the possible outcomes into ranges and reports how often the price landed in each, across similar cases in the past.

computed on 9 august 2026

Where the price could go

The price range Banca Transilvania S.A. shares could fall into, from six months out to five years

6 months

Where the price could go

The price range Banca Transilvania S.A. shares could fall into, from six months out to five years

+13.6%most likely · 43.50 lei
Pessimistic −1%Optimistic +45%
  • Today's price38.30 lei
  • Median43.50 lei
Pessimistic scenario37.81 lei
Optimistic scenario55.49 lei

The estimates are generated automatically by a proprietary probabilistic machine-learning and AI model.

This information is general in nature and is not investment advice. In line with Regulation (EU) 596/2014 on market abuse and Regulation (EU) 2024/1689 on artificial intelligence. Past performance does not guarantee future results. Full methodology

With what probability

Estimated chances for the next six months

More often up

  • Chance it ends higher than today86%
  • Chance it beats the indexindex +6.9%68%
  • Chance of a gain over 20%32%
  • Chance of a drop over 10%7%
  • Chance of a drop over 20%5%

12 months

Where the price could go

The price range Banca Transilvania S.A. shares could fall into, from six months out to five years

+21.9%most likely · 46.69 lei
Pessimistic −8%Optimistic +55%
  • Today's price38.30 lei
  • Median46.69 lei
Pessimistic scenario35.35 lei
Optimistic scenario59.48 lei

The estimates are generated automatically by a proprietary probabilistic machine-learning and AI model.

This information is general in nature and is not investment advice. In line with Regulation (EU) 596/2014 on market abuse and Regulation (EU) 2024/1689 on artificial intelligence. Past performance does not guarantee future results. Full methodology

With what probability

Estimated chances for the next six months

More often up

  • Chance it ends higher than today84%
  • Chance it beats the indexindex +14.1%72%
  • Chance of a gain over 20%54%
  • Chance of a drop over 10%9%
  • Chance of a drop over 20%5%

3 years

Where the price could go

The price range Banca Transilvania S.A. shares could fall into, from six months out to five years

+65.7%most likely · 63.46 lei
Pessimistic +29%Optimistic +89%
  • Today's price38.30 lei
  • Median63.46 lei
Pessimistic scenario49.60 lei
Optimistic scenario72.41 lei

Expected growth over 3 years, per year: +18.3% per year, between +9% and +24%.

The estimates are generated automatically by a proprietary probabilistic machine-learning and AI model.

This information is general in nature and is not investment advice. In line with Regulation (EU) 596/2014 on market abuse and Regulation (EU) 2024/1689 on artificial intelligence. Past performance does not guarantee future results. Full methodology

Where the return comes from

Today's price embeds a high expectation. The model assumes investors will, over time, pay less for the same profit, and that difference is subtracted from the annual growth.

  • earnings growth+15.5%
  • the dividend+0.0%
  • multiple re-rating+2.8%

5 years

Where the price could go

The price range Banca Transilvania S.A. shares could fall into, from six months out to five years

+113.5%most likely · 81.76 lei
Pessimistic +48%Optimistic +130%
  • Today's price38.30 lei
  • Median81.76 lei
Pessimistic scenario56.78 lei
Optimistic scenario88.20 lei

Expected growth over 5 years, per year: +16.4% per year, between +8% and +18%.

The estimates are generated automatically by a proprietary probabilistic machine-learning and AI model.

This information is general in nature and is not investment advice. In line with Regulation (EU) 596/2014 on market abuse and Regulation (EU) 2024/1689 on artificial intelligence. Past performance does not guarantee future results. Full methodology

Where the return comes from

Today's price embeds a high expectation. The model assumes investors will, over time, pay less for the same profit, and that difference is subtracted from the annual growth.

  • earnings growth+14.7%
  • the dividend+0.0%
  • multiple re-rating+1.7%

The estimates are generated automatically by a proprietary probabilistic machine-learning and AI model.

This information is general in nature and is not investment advice. In line with Regulation (EU) 596/2014 on market abuse and Regulation (EU) 2024/1689 on artificial intelligence. Past performance does not guarantee future results. Full methodology

Transparency · MAR

How the business is actually doing

The Business & Its Results

Fundamental analysis of Banca Transilvania S.A. (TLV) stock: profitability, growth rate and capital efficiency. The fundamental score is 81.8 out of 100, led by growth; the weakest point remains dividends.

81.8 · strong

value77.5/100
quality81.7/100
growth93.4/100
dividends74.7/100

the business and its results

Mixed results

How profitable is it?

73 · strong
  • Return on equityHow much net profit the company generates from shareholders' money. Above ~15% is very good; consistency matters as much as the level.
  • Return on assetsHow much profit the company draws from the assets it owns. Above ~5% is solid, though it varies widely by industry.
  • Net margin (DuPont breakdown)The margin component of the DuPont breakdown of returns. Higher means the firm keeps more of every unit sold.

How fast does it grow?

76 · strong

Banca Transilvania S.A. revenue grew 18.67% a year over the past five years, and net profit 27.56%, a pace in the upper end of the sector.

  • Revenue growth (5-year annual)Average yearly revenue growth over the past five years. Above ~10% is solid growth for a mature company.
  • Net income growth (5-year annual)Average yearly growth in net income. Steady and positive points to a predictable business model.
  • Consecutive years of dividend growthHow many years in a row the dividend per share has grown, without a single break. A long streak shows a company that can afford to raise the payout to shareholders year after year.

Is profit backed by real cash?

4 · very weak

The Banca Transilvania S.A. Piotroski score is 2 out of 9, and the earnings quality signals sit below the sector average.

  • Piotroski F-score (0–9)Nine financial health checks; each one passed adds a point. 7 or more means improving fundamentals.

The scores are percentiles against companies in the same sector, not absolute marks. A low score means the sector is doing better, not necessarily that the figures are bad.

financial data

The income statement, balance sheet and cash flows of Banca Transilvania S.A.. Totals and main components are shown by default; the rest open from “all rows”.

revenue11.78 bn+16.0%2019202520194.69 bn20205.00 bn20215.51 bn20227.21 bn20237.73 bn202410.15 bn202511.78 bn
operating income—201920252019-20202.39 bn20212.58 bn20223.34 bn2023-2024-2025-
net income4.66 bn−1.5%2019202520191.78 bn20201.38 bn20211.98 bn20222.40 bn20232.89 bn20244.73 bn20254.66 bn
Income statement, annual, 6 periods
 2025Δ 202420242023202220212020
11.78 bn100%+16.0%10.15 bn100%7.73 bn100%7.21 bn100%5.51 bn100%5.00 bn100%

Everything the company collected from sales, before any expense. At Banca Transilvania S.A., in 2025: 11.78 bn · Δ +16.0% (2024).

—-340.4 m3.4%239.3 m3.1%163.8 m2.3%133.0 m2.4%117.0 m2.3%

Sales and admin salaries, marketing, rent, everything that keeps the company running.

—-—-—-3.87 bn53.7%2.92 bn53.1%2.62 bn52.3%

The sum of expenses that do not go directly into the product.

—-—-—-3.34 bn46.3%2.58 bn46.9%2.39 bn47.7%

Profit from the core business, before interest and tax.

operating margin------46.3%46.3%46.9%46.9%47.7%47.7%
Reconciled depreciation558.4 m4.7%+8.1%516.7 m5.1%450.5 m5.8%393.0 m5.5%357.8 m6.5%327.7 m6.6%
Interest income12.77 bn108%+13.6%11.24 bn111%8.84 bn114%6.03 bn83.7%3.70 bn67.1%3.66 bn73.2%
Interest expense4.70 bn39.9%+8.5%4.34 bn42.7%3.58 bn46.3%1.61 bn22.3%553.6 m10.1%683.3 m13.7%
Net interest income8.07 bn68.5%+16.8%6.91 bn68.0%5.26 bn68.0%4.43 bn61.4%3.14 bn57.1%2.98 bn59.5%
5.51 bn46.8%+1.2%5.44 bn53.6%3.71 bn47.9%2.80 bn38.9%2.30 bn41.8%1.62 bn32.4%

Profit left after interest, but before the state takes its share. At Banca Transilvania S.A., in 2025: 5.51 bn · Δ +1.2% (2024).

Tax provision848.9 m7.2%+19.3%711.8 m7.0%721.7 m9.3%312.6 m4.3%278.3 m5.1%198.4 m4.0%
Minority interest—-−175.7 m-1.7%−94.5 m-1.2%84.0 m1.2%41.2 m0.7%43.9 m0.9%
4.66 bn39.6%−1.5%4.73 bn46.6%2.98 bn38.6%2.49 bn34.5%2.02 bn36.8%1.42 bn28.5%

Profit from the businesses the company will still have next year. At Banca Transilvania S.A., in 2025: 4.66 bn · Δ −1.5% (2024).

4.66 bn39.6%−1.5%4.73 bn46.6%2.89 bn37.4%2.40 bn33.4%1.98 bn36.0%1.38 bn27.6%

The profit left for shareholders after absolutely every expense. At Banca Transilvania S.A., in 2025: 4.66 bn · Δ −1.5% (2024).

net margin39.6%39.6%46.6%46.6%37.4%37.4%33.4%33.4%36.0%36.0%27.6%27.6%
—-—-—-2.40 bn33.4%1.98 bn36.0%1.38 bn27.6%

The share of profit that belongs to ordinary shares.

revenue3.08 bn+12.3%Q2 24Q1 26Q2 242.36 bnQ3 242.65 bnQ4 242.72 bnQ1 252.75 bnQ2 252.79 bnQ3 253.09 bnQ4 253.15 bnQ1 263.08 bn
net income1.10 bn+28.1%Q2 24Q1 26Q2 24988.9 mQ3 241.71 bnQ4 24802.0 mQ1 25857.8 mQ2 251.09 bnQ3 251.24 bnQ4 251.47 bnQ1 261.10 bn
Income statement, quarterly, 6 periods
 Q1 26Δ Q1 25Q4 25Q3 25Q2 25Q1 25Q4 24
3.08 bn100%+12.3%3.15 bn100%3.09 bn100%2.79 bn100%2.75 bn100%2.72 bn100%

Everything the company collected from sales, before any expense. At Banca Transilvania S.A., in Q1 26: 3.08 bn · Δ +12.3% (Q1 25).

75.4 m2.4%+11.8%—-81.6 m2.6%75.8 m2.7%67.5 m2.5%139.3 m5.1%

Sales and admin salaries, marketing, rent, everything that keeps the company running. At Banca Transilvania S.A., in Q1 26: 75.4 m · Δ +11.8% (Q1 25).

Reconciled depreciation140.4 m4.6%+2.7%143.9 m4.6%134.1 m4.3%143.6 m5.1%136.7 m5.0%144.6 m5.3%
Interest income3.33 bn108%+7.6%3.34 bn106%3.22 bn104%3.11 bn111%3.10 bn113%3.05 bn112%
Interest expense1.26 bn40.9%+11.0%1.23 bn39.1%1.18 bn38.1%1.16 bn41.4%1.14 bn41.4%1.15 bn42.3%
Net interest income2.07 bn67.2%+5.6%2.11 bn66.9%2.04 bn66.1%1.95 bn69.9%1.96 bn71.5%1.90 bn69.6%
1.35 bn43.7%+33.2%1.63 bn51.6%1.55 bn50.3%1.32 bn47.2%1.01 bn36.9%1.00 bn36.9%

Profit left after interest, but before the state takes its share. At Banca Transilvania S.A., in Q1 26: 1.35 bn · Δ +33.2% (Q1 25).

Tax provision206.4 m6.7%+53.3%233.7 m7.4%256.8 m8.3%223.8 m8.0%134.7 m4.9%181.7 m6.7%
Minority interest−42.5 m-1.4%−121%—-−53.1 m-1.7%−6.3 m-0.2%−19.3 m-0.7%−20.9 m-0.8%
1.14 bn37.0%+30.1%1.39 bn44.2%1.30 bn42.0%1.09 bn39.1%877.0 m31.9%823.0 m30.2%

Profit from the businesses the company will still have next year. At Banca Transilvania S.A., in Q1 26: 1.14 bn · Δ +30.1% (Q1 25).

1.10 bn35.6%+28.1%1.47 bn46.7%1.24 bn40.2%1.09 bn38.9%857.8 m31.2%802.0 m29.4%

The profit left for shareholders after absolutely every expense. At Banca Transilvania S.A., in Q1 26: 1.10 bn · Δ +28.1% (Q1 25).

net margin35.6%35.6%46.7%46.7%40.2%40.2%38.9%38.9%31.2%31.2%29.4%29.4%
total assets224.41 bn+8.4%20192025201991.72 bn2020107.49 bn2021132.50 bn2022140.51 bn2023169.17 bn2024207.04 bn2025224.41 bn
total liabilities201.12 bn+6.1%20192025201982.51 bn202097.47 bn2021122.41 bn2022131.59 bn2023155.27 bn2024189.60 bn2025201.12 bn
shareholders equity22.41 bn+34.9%2019202520198.83 bn202010.02 bn202110.09 bn20228.92 bn202313.22 bn202416.62 bn202522.41 bn
Balance sheet, annual, 6 periods
 2025Δ 202420242023202220212020
224.41 bn100%+8.4%207.04 bn100%169.17 bn100%140.51 bn100%132.50 bn100%107.49 bn100%

Everything the company owns: factories, inventory, cash, receivables. At Banca Transilvania S.A., in 2025: 224.41 bn · Δ +8.4% (2024).

Cash42.05 bn18.7%+19.3%35.23 bn17.0%37.19 bn22.0%18.63 bn13.3%27.29 bn20.6%27.96 bn26.0%
Property, plant and equipment—-—-—-1.66 bn1.2%1.56 bn1.2%1.35 bn1.3%
PP&E, net2.30 bn1.0%+16.8%1.97 bn1.0%1.71 bn1.0%1.64 bn1.2%1.56 bn1.2%1.35 bn1.3%
2.30 bn1.0%−19.4%2.85 bn1.4%2.53 bn1.5%2.34 bn1.7%2.15 bn1.6%1.84 bn1.7%

The purchase value of buildings and machinery, before accumulated depreciation. That is why it exceeds the net value. At Banca Transilvania S.A., in 2025: 2.30 bn · Δ −19.4% (2024).

Goodwill157.0 m0.1%156.9 m0.1%154.4 m0.1%154.4 m0.1%22.4 m0.0%16.3 m0.0%
Intangible assets1.27 bn0.6%+30.4%973.2 m0.5%693.7 m0.4%506.2 m0.4%406.2 m0.3%305.2 m0.3%
Long-term investments71.26 bn31.8%+3.4%68.89 bn33.3%51.78 bn30.6%46.71 bn33.2%44.69 bn33.7%33.70 bn31.3%
Other assets—-—-—-791.6 m0.6%257.9 m0.2%00.0%
201.12 bn89.6%+6.1%189.60 bn91.6%155.27 bn91.8%131.59 bn93.7%122.41 bn92.4%97.47 bn90.7%

Everything the company owes, to banks and suppliers alike. At Banca Transilvania S.A., in 2025: 201.12 bn · Δ +6.1% (2024).

Accounts payable—-483.7 m0.2%456.9 m0.3%230.9 m0.2%175.7 m0.1%110.2 m0.1%
Long-term debt—-—-—-4.77 bn3.4%9.69 bn7.3%3.36 bn3.1%
Total long-term debt—-—-—-5.26 bn3.7%10.19 bn7.7%3.81 bn3.5%
22.41 bn10.0%+34.9%16.62 bn8.0%13.22 bn7.8%8.92 bn6.3%10.09 bn7.6%10.02 bn9.3%

What would be left for shareholders if everything were sold and every debt paid. At Banca Transilvania S.A., in 2025: 22.41 bn · Δ +34.9% (2024).

—-—-—-7.16 bn5.1%6.40 bn4.8%5.82 bn5.4%

Money put in by shareholders at founding and at capital raises.

10.99 bn4.9%+19.9%9.17 bn4.4%7.99 bn4.7%7.08 bn5.0%6.31 bn4.8%5.74 bn5.3%

Capital subscribed by shareholders. At Banca Transilvania S.A., in 2025: 10.99 bn · Δ +19.9% (2024).

—-—-—-31.2 m0.0%31.2 m0.0%31.2 m0.0%

What was paid above the nominal value of the shares.

7.84 bn3.5%+2.9%7.62 bn3.7%5.44 bn3.2%4.46 bn3.2%3.74 bn2.8%2.86 bn2.7%

Past years’ profits the company kept instead of distributing. At Banca Transilvania S.A., in 2025: 7.84 bn · Δ +2.9% (2024).

Other equity items—-—-—-989.6 m0.7%864.9 m0.7%759.7 m0.7%
—-—-—-140.51 bn100%132.50 bn100%107.49 bn100%

Liabilities plus equity. Must equal total assets.

42.18 bn18.8%+35.2%31.18 bn15.1%24.83 bn14.7%13.69 bn9.7%13.28 bn10.0%13.30 bn12.4%

The capital the business actually has at work. At Banca Transilvania S.A., in 2025: 42.18 bn · Δ +35.2% (2024).

—-1.09 bn-1.09 bn-705.8 m-705.8 m-705.8 m-

How many shares exist. If the number rises, each shareholder’s slice shrinks.

total assets226.97 bn+9.7%Q2 24Q1 26Q2 24177.89 bnQ3 24199.73 bnQ4 24207.04 bnQ1 25206.81 bnQ2 25208.16 bnQ3 25213.19 bnQ4 25224.41 bnQ1 26226.97 bn
total liabilities202.90 bn+7.7%Q2 24Q1 26Q2 24162.90 bnQ3 24182.60 bnQ4 24189.60 bnQ1 25188.38 bnQ2 25190.16 bnQ3 25193.68 bnQ4 25201.12 bnQ1 26202.90 bn
shareholders equity23.16 bn+31.5%Q2 24Q1 26Q2 2414.21 bnQ3 2416.34 bnQ4 2416.62 bnQ1 2517.61 bnQ2 2517.18 bnQ3 2518.69 bnQ4 2522.41 bnQ1 2623.16 bn
Balance sheet, quarterly, 6 periods
 Q1 26Δ Q1 25Q4 25Q3 25Q2 25Q1 25Q4 24
226.97 bn100%+9.7%224.41 bn100%213.19 bn100%208.16 bn100%206.81 bn100%207.04 bn100%

Everything the company owns: factories, inventory, cash, receivables. At Banca Transilvania S.A., in Q1 26: 226.97 bn · Δ +9.7% (Q1 25).

Cash40.07 bn17.7%+21.6%42.05 bn18.7%32.53 bn15.3%28.66 bn13.8%32.94 bn15.9%35.23 bn17.0%
PP&E, net2.51 bn1.1%+13.7%2.30 bn1.0%2.16 bn1.0%2.19 bn1.1%2.21 bn1.1%1.97 bn1.0%
2.51 bn1.1%+13.7%2.30 bn1.0%2.16 bn1.0%2.19 bn1.1%2.21 bn1.1%2.85 bn1.4%

The purchase value of buildings and machinery, before accumulated depreciation. That is why it exceeds the net value. At Banca Transilvania S.A., in Q1 26: 2.51 bn · Δ +13.7% (Q1 25).

Goodwill168.0 m0.1%+7.0%157.0 m0.1%157.0 m0.1%157.0 m0.1%156.9 m0.1%156.9 m0.1%
Intangible assets1.28 bn0.6%+35.3%1.27 bn0.6%1.09 bn0.5%1.02 bn0.5%947.2 m0.5%973.2 m0.5%
Long-term investments70.44 bn31.0%+2.2%71.26 bn31.8%66.73 bn31.3%69.32 bn33.3%68.95 bn33.3%68.89 bn33.3%
202.90 bn89.4%+7.7%201.12 bn89.6%193.68 bn90.8%190.16 bn91.4%188.38 bn91.1%189.60 bn91.6%

Everything the company owes, to banks and suppliers alike. At Banca Transilvania S.A., in Q1 26: 202.90 bn · Δ +7.7% (Q1 25).

Accounts payable—-—-—-531.8 m0.3%584.3 m0.3%483.7 m0.2%
23.16 bn10.2%+31.5%22.41 bn10.0%18.69 bn8.8%17.18 bn8.3%17.61 bn8.5%16.62 bn8.0%

What would be left for shareholders if everything were sold and every debt paid. At Banca Transilvania S.A., in Q1 26: 23.16 bn · Δ +31.5% (Q1 25).

10.99 bn4.8%+18.7%10.99 bn4.9%10.99 bn5.2%9.26 bn4.4%9.26 bn4.5%9.17 bn4.4%

Capital subscribed by shareholders. At Banca Transilvania S.A., in Q1 26: 10.99 bn · Δ +18.7% (Q1 25).

8.96 bn3.9%+5.4%7.84 bn3.5%7.43 bn3.5%7.87 bn3.8%8.50 bn4.1%7.62 bn3.7%

Past years’ profits the company kept instead of distributing. At Banca Transilvania S.A., in Q1 26: 8.96 bn · Δ +5.4% (Q1 25).

40.95 bn18.0%+26.8%42.18 bn18.8%34.77 bn16.3%31.78 bn15.3%32.29 bn15.6%31.18 bn15.1%

The capital the business actually has at work. At Banca Transilvania S.A., in Q1 26: 40.95 bn · Δ +26.8% (Q1 25).

—-—-1.09 bn-1.09 bn-1.09 bn-1.09 bn-

How many shares exist. If the number rises, each shareholder’s slice shrinks.

from operations—2019202520197.96 bn202013.46 bn202113.25 bn2022−3.30 bn20235.88 bn2024−3.96 bn2025-
from investing—201920252019-2020−6.50 bn2021−11.47 bn2022−4.89 bn2023-2024-2025-
from financing—201920252019-2020−815.3 m2021−1.07 bn2022−381.6 m2023-2024-2025-
Cash flows, annual, 6 periods
 2025Δ 202420242023202220212020
4.66 bn-−1.5%4.73 bn-2.98 bn-2.49 bn-2.05 bn-1.48 bn-

The profit left for shareholders after absolutely every expense. At Banca Transilvania S.A., in 2025: 4.66 bn · Δ −1.5% (2024).

—-516.7 m-450.5 m-393.0 m-357.8 m-327.7 m-

The accounting wear on buildings and machinery. It lowers profit but takes no cash out.

—-−8.29 bn-2.43 bn-−3.39 bn-13.28 bn-13.54 bn-

Money tied up in or released from inventory, receivables and payables.

Other non-cash items—-−6.64 bn-−5.02 bn-−3.69 bn-−3.17 bn-−2.97 bn-
—-−3.96 bn-5.88 bn-−3.30 bn-13.25 bn-13.46 bn-

The money the business actually produced, before investment.

0-−100%583.9 m-498.2 m-387.2 m-361.4 m-405.8 m-

Money put into factories, machinery and equipment. At Banca Transilvania S.A., in 2025: 0 · Δ −100% (2024).

—-−3.07 bn-6.60 bn-−4.89 bn-−11.47 bn-−6.50 bn-

Purchases and sales of financial holdings.

Other investing flows—-—-—-−4.50 bn-−11.11 bn-−6.09 bn-
—-—-—-−4.89 bn-−11.47 bn-−6.50 bn-

The balance of investing cash. Negative means the company is building.

—-−130.4 m-−32.3 m-−150.3 m-−61.7 m-−36.5 m-

Shares bought back from the market or issued.

—-936.2 m-898.2 m-801.6 m-496.6 m-596.1 m-

Money given to shareholders as dividends.

—-−414.2 m-6.56 bn-840.8 m-−286.8 m-—-

Loans taken minus loans repaid.

Other financing flows—-—-—-−270.4 m-−228.3 m-−242.0 m-
—-—-—-−381.6 m-−1.07 bn-−815.3 m-

The balance of financing cash: loans, dividends, buybacks.

—-−5.69 bn-18.46 bn-−8.57 bn-671.2 m-6.05 bn-

How much the cash in the bank rose or fell.

30.55 bn-−15.4%36.12 bn-18.46 bn-27.36 bn-26.65 bn-20.51 bn-

Cash in the bank at the start of the period. At Banca Transilvania S.A., in 2025: 30.55 bn · Δ −15.4% (2024).

—-30.55 bn-36.12 bn-18.46 bn-27.36 bn-26.65 bn-

Cash in the bank at the end of the period.

—-−4.54 bn-5.38 bn-−3.69 bn-12.89 bn-13.05 bn-

The money left after the business paid for its investments. Dividends and debt repayment come from here.

from operations−10.50 bn−2,778%Q2 24Q1 26Q2 24−2.83 bnQ3 24−4.44 bnQ4 243.98 bnQ1 25391.9 mQ2 25−2.97 bnQ3 25651.7 mQ4 25-Q1 26−10.50 bn
Cash flows, quarterly, 6 periods
 Q1 26Δ Q1 25Q4 25Q3 25Q2 25Q1 25Q4 24
1.10 bn-+25.3%1.47 bn-1.24 bn-1.09 bn-877.0 m-802.0 m-

The profit left for shareholders after absolutely every expense. At Banca Transilvania S.A., in Q1 26: 1.10 bn · Δ +25.3% (Q1 25).

140.4 m-+2.7%—-134.1 m-143.6 m-136.7 m-144.6 m-

The accounting wear on buildings and machinery. It lowers profit but takes no cash out. At Banca Transilvania S.A., in Q1 26: 140.4 m · Δ +2.7% (Q1 25).

−11.68 bn-−6,463%—-−882.7 m-−3.88 bn-−177.9 m-3.52 bn-

Money tied up in or released from inventory, receivables and payables. At Banca Transilvania S.A., in Q1 26: −11.68 bn · Δ −6,463% (Q1 25).

Other non-cash items−2.15 bn-+4.2%—-−1.71 bn-−1.93 bn-−2.24 bn-−1.88 bn-
−10.50 bn-−2,778%—-651.7 m-−2.97 bn-391.9 m-3.98 bn-

The money the business actually produced, before investment. At Banca Transilvania S.A., in Q1 26: −10.50 bn · Δ −2,778% (Q1 25).

81.7 m-+11.2%0-152.6 m-219.7 m-73.5 m-245.2 m-

Money put into factories, machinery and equipment. At Banca Transilvania S.A., in Q1 26: 81.7 m · Δ +11.2% (Q1 25).

7.18 bn-+420%—-3.35 bn-177.6 m-1.38 bn-−4.03 bn-

Purchases and sales of financial holdings. At Banca Transilvania S.A., in Q1 26: 7.18 bn · Δ +420% (Q1 25).

−137.5 m-−135%—-−11.2 m-−87.8 m-−58.6 m-−24.2 m-

Shares bought back from the market or issued. At Banca Transilvania S.A., in Q1 26: −137.5 m · Δ −135% (Q1 25).

405.0 k-+187%—-27.2 m-1.43 bn-141.0 k-12.4 m-

Money given to shareholders as dividends. At Banca Transilvania S.A., in Q1 26: 405.0 k · Δ +187% (Q1 25).

−13.5 m-+85.1%—-1.38 bn-−142.6 m-−90.0 m-−475.6 m-

Loans taken minus loans repaid. At Banca Transilvania S.A., in Q1 26: −13.5 m · Δ +85.1% (Q1 25).

−3.44 bn-−323%—-5.36 bn-−4.65 bn-1.54 bn-−844.4 m-

How much the cash in the bank rose or fell. At Banca Transilvania S.A., in Q1 26: −3.44 bn · Δ −323% (Q1 25).

42.46 bn-+39.0%30.55 bn-27.57 bn-32.12 bn-30.55 bn-31.28 bn-

Cash in the bank at the start of the period. At Banca Transilvania S.A., in Q1 26: 42.46 bn · Δ +39.0% (Q1 25).

39.06 bn-+21.6%42.46 bn-30.55 bn-27.57 bn-32.12 bn-30.55 bn-

Cash in the bank at the end of the period. At Banca Transilvania S.A., in Q1 26: 39.06 bn · Δ +21.6% (Q1 25).

−10.58 bn-−3,422%—-499.1 m-−3.19 bn-318.4 m-3.74 bn-

The money left after the business paid for its investments. Dividends and debt repayment come from here. At Banca Transilvania S.A., in Q1 26: −10.58 bn · Δ −3,422% (Q1 25).

earnings and surprises

38%Beat rate

Mixed surprises

Next report

for Q1 26

Not yet announcedThe announced date, 22 May 2026, has passed. The company has not yet given the next one.

Revenue expectedlei3.03 bn2 analysts

What analysts expect from Banca Transilvania S.A., further out

  • earnings per share estimated, fiscal year 2026 · 4 analysts3.96
  • earnings per share estimated, fiscal year 2027 · 4 analysts4.17

Banca Transilvania S.A. beat history

last 8 quarters

Beat rateAverage reaction when it missesBeat rateAverage reaction when it missesBeat rateAverage reaction when it missesAverage reaction when it missesAverage reaction when it misses

Of the last 8 quarterly reports from Banca Transilvania S.A., 0 came in above analyst estimates and 2 below. The average surprise is −24.64%.

Beat rate38%
Average reaction when it beats—
Average reaction when it misses+1.2%of 2 misses, the price rose 2 times

How the Banca Transilvania S.A. share price reacted

The move in Banca Transilvania S.A. shares on the day after each report. The middle line is zero.

reportresultnext day5 days
10 May 2024−+1.54%5z +3.4%
28 February 2024−+0.78%5z +3.5%
5 May 2023−—5z +0.5%
24 February 2023+—5z +0.5%
11 November 2022−−16.7%—5z +0.5%
26 August 2022+—5z +0.5%
5 May 2022−−32.6%—5z +0.5%
25 February 2022+—5z +0.5%

Too few beats to see a pattern in the price reaction.

How the price moves around the reportover 2 reports before and 8 after
+0.6%−3.2%+5.4%−0.1%
15 days beforereport day15 days after
Before the report
  • 5d before—2 reports
  • 10d before—2 reports
  • 21d before—1 reports
  • 42d before—1 reports
After the report
  • next day−0.1%rose 25% of the time
  • 5d after+1.2%rose 100% of the time
  • 10d after+1.9%rose 100% of the time
  • 15d after+5.4%rose 100% of the time

The pattern repeats in 100% of cases, on a sample of 8 quarters. It remains a small sample.

Everything is measured against the price on the report day, marked by the vertical line. Each half is the average of the trajectories from the quarters with enough price history, which is why the samples can differ.

What can go wrong

Risks & Resilience

Risks in Banca Transilvania S.A. (TLV) stock: balance sheet strength, distance from financial distress, and behaviour in past crises. The low-risk score is 48.1 out of 100.

48.1 · averageLow risk

debt and solvency

The models do not apply to Banca Transilvania S.A.: they assume inventory, suppliers and trade debt, which a financial institution does not have. The engine does not publish figures that would mislead.

Forensic signals

8signals

Statistical models that look for patterns associated with aggressive reporting. Banca Transilvania S.A.: one signal to watch.

What the model raised

  • Piotroski F-scoreto watch

These are statistical screening models, not accusations. A signal means “worth a closer look”, not “this is fraud”. The Beneish, Montier, Sloan and Piotroski models are published in the academic literature; the thresholds used are those from the original papers.

A statistical screening signal, not an accusation of fraud.

Transparency · MAR

behaviour in a crisis

Held up welltwo crises measured

How Banca Transilvania S.A. shares behaved when the market fell. Not a forecast, but what happened in the crises the company has already been through.

How much of the market's fall it takes on

how much of the market's fall reaches the stock

amplifies the fall123%Takes on 123% of the market's falls, so it amplifies

the market 100%the stock 123%
  • Fell more than averageHow well the company held up through economic contractions, against the rest of its sector.
  • Held up moderatelyA composite score folding behaviour across every crisis measured, on a 0 to 100 scale.

What happened in past crises

how well it held up through the measured crises

68Held up well

  • COVID-19 crash−38.9%2020 · above the sector median
  • 2022 bear market−27.9%2022 · above the sector median
  • Severe recession−33.6%A 2008-style economic contraction, with the market down about 40%
  • Market correction−16.8%A broad market decline of about 20%

Banca Transilvania S.A.: Mixed behaviour in the measured crises: neither fragile nor defensive.

Maximum drawdown is measured from peak to trough, on the actual price of that period. The scenarios are estimates, computed from historical sensitivity to the market.

Banca Transilvania S.A. (TLV) stock: biggest drops and how long the recovery took

The falls the price has been through, from a peak to the lowest point, and how long it took to recover.

Biggest drops since 2007

From a peak to the lowest point after it, how long the fall lasted and how long the recovery took.

  • Jan 2008 - Mar 2009-88.7%fell for 14 months, then took 7 years and 11 months to get back to the peak
  • Jan 2020 - Mar 2020-38.9%fell for 2 months, then took 12 months to get back to the peak
  • Apr 2018 - Jan 2019-36.5%fell for 9 months, then took 5 months to get back to the peak

Measured on each day’s closing price, adjusted for splits, since 2007-12-21. Elsewhere on this page, drops are measured with dividends reinvested, which is why they can come out slightly smaller there.

What you get while you wait

Dividends and shareholder return

How much Banca Transilvania S.A. pays in dividends, how secure it is, and what happens to the share count.

dividends

6.04%Trailing yield

Banca Transilvania S.A. pays annual and has distributed 2.10 lei per share over the past twelve months, or 6.04% of today's price. Of its profit, 46.95% goes out as dividend.

How much it pays and how secure it is

Trailing yieldDividends over the past twelve months, divided by today's price.
Forward yieldThe dividend announced for the coming year, divided by today's price.
Payout ratioHow much of profit goes out as dividend. A moderate figure leaves room to grow.
Dividend growth 5YAverage annual growth in dividend per share over five years.
Consecutive years of growthHow many years in a row the dividend per share has grown, without a single break.
Dividend safetyHow well the dividend is covered by profit and by cash.

Recent payments

  • Last dividend0.64 lei · ex-date November 24, 2025
  • Frequencyannual
  • Payments in the last 12 months2
  • Dividends over 12 months2.10 lei
  • Next ex-dividend (estimated)~November 24, 2026 · in 52 days
  • Cut risk0/100
ex-dateamountvs previous
November 24, 20250.64 lei—
June 13, 20251.46 lei+58.9%
June 11, 20240.92 lei—
October 20, 20230.83 lei—
June 3, 20220.73 lei+60.0%
September 22, 20210.46 lei−16.7%
October 2, 20200.55 lei−26.7%
June 4, 20190.75 lei—

Past returns do not necessarily repeat.

shareholder return

For Banca Transilvania S.A. the data contains neither buybacks nor financing flows, so total return cannot be composed.

  • 5Y allocation · dividends7.29%
  • 5Y allocation · buybacks0.49%

A negative total return means the company raised capital during the period, through borrowing or new shares, not that it took money from shareholders.

What you would have made

What has already happened, taken out of percentages and put into money.

What you would have made by investing in Banca Transilvania S.A. (TLV) stock

1,000 lei put in Banca Transilvania S.A. stock 10 years ago, with dividends reinvested, would have grown to 7,488 lei, a return of 22.30% a year. On the share price alone, without dividends, it would have been 5,227 lei. Type your own amount and everything recalculates.

lei
  • 3 years ago3,277 leiof which 2,277 lei is gain, at 48.53% a year
  • 5 years ago3,049 leiof which 2,049 lei is gain, at 24.98% a year
  • 10 years ago7,488 leiof which 6,488 lei is gain, at 22.30% a year

These figures have already happened and are not an estimate for what comes next. Dividends are reinvested in the same stock, and the amounts are in the currency the stock trades in, before tax and fees.

splits

5 events

Banca Transilvania S.A. has had 5 share events over the period covered by the data, 1 of them reverse splits.

dateratiotype
July 17, 2025118.92:100split
July 18, 2024114.80:100split
July 20, 2023112.86:100split
August 16, 20221:10reverse split
July 12, 20221.12:1split

Amounts in the dividend history are adjusted for these events so they can be compared with each other. The sum actually received on the day was different.

Who owns it and what they do with it

Holders and flow

Who stands behind Banca Transilvania S.A. shares, what they buy and sell, and who bets against them.

institutional ownership

Banca Transilvania S.A. has 32.97% of its shares held by institutional investors and 0.00% by internal holders.

Who holds how much

InstitutionsHow much of the stock is held by funds, banks and other professional investors.
Internal holdingsHow much is held by people and entities inside the company or close to it.

For companies outside US markets, the source does not publish the holder list. Only the percentages above remain.

indices and ETFs

Banca Transilvania S.A. shares are held by 2 exchange-traded funds and belong to 1 indices.

Funds that hold it

fundsymbolweightassets
Vanguard FTSE Emerging Markets ETFVWO.US6.00%$118.82B
Vanguard Total World Stock ETFVT.US1.00%$74.09B

Indices it belongs to

  • Bucharest Exchange Trading Total Return Index (BET-TR)

The weight is how much the share counts inside that fund, not how much of the company the fund owns.

Where it stands against the rest

Context & Comparisons

A number on its own says nothing. Here Banca Transilvania S.A. is placed next to its sector, its industry and the market, so every figure gets a position.

Position in sector

Financial Servicessector

Banca Transilvania S.A. belongs to the Financial Services sector, in the Banks - Regional industry. Below, each indicator sits next to the sector and industry median.

Against sector and industry

indicatorcompanysector medianindustry medianposition
25.12%11.90%11.45%87
Return on equityHow much net profit the company generates from shareholders' money. Above ~15% is very good; consistency matters as much as the level.
2.27%1.23%0.90%57
Return on assetsHow much profit the company draws from the assets it owns. Above ~5% is solid, though it varies widely by industry.
40.44%19.61%21.61%74
Net margin (DuPont breakdown)The margin component of the DuPont breakdown of returns. Higher means the firm keeps more of every unit sold.
8.51x11.83x11.16x69
Price / earnings (trailing 12 months)How many years of current profit you pay for one share. Judged against sector and growth rate, never in isolation.
3.44x1.97x1.70x-
Price / sales (trailing 12 months)How many times annual sales you pay for a share. Useful for companies without profit; judged against the sector, not in absolute terms.
5.48%3.33%4.35%74
Dividend yield (trailing 12 months)Dividends paid over the past year against the current price. Judged together with sustainability, not on level alone.
46.95%36.10%47.97%-
Payout ratioHow much of the profit is paid out as dividend. Below 60% leaves room to grow; above 100% means the dividend exceeds the profit.
18.67%11.21%14.40%73
Revenue growth (5-year annual)Average yearly revenue growth over the past five years. Above ~10% is solid growth for a mature company.

Position is the percentile within the sector: 100 is the best value among the companies compared, 0 the weakest. The direction is already inverted where lower is better, as with debt or price/earnings.

Against the market

periodTLVBETTRdifference
1M-0.62%2.22%−2.84%
3M10.06%9.42%+0.64%
6M29.39%34.28%−4.89%
1Y52.56%70.89%−18.33%
3Y257.71%196.08%+61.63%
5Y254.27%265.83%−11.56%

Returns are cumulative over the period shown, not annualised. The difference is how much the company returned above or below the benchmark.

Transparency · MAR

Comparable companies

6comparable

Companies with a profile close to Banca Transilvania S.A., chosen by how they move and what kind of stock they are - not by what they make.

The 6 closest

symbolcompanysimilarityscore
Jenoptik AGJEN.XETRAJenoptik AGTechnology92.2%54.8
SOLV.USSolventum Corp.Healthcare91.5%64.7
SFQ.XETRASAF-Holland SEConsumer Cyclical91.4%90.6
BRD.ROBRD Groupe Societe Generale SAFinancial Services91.1%59.3
HII.USHuntington Ingalls Industries IncIndustrials90.8%77.0
Nordex SENDX1.XETRANordex SEIndustrials90.2%60.7

Similarity is computed from exposure to the same style factors, not from the line of business. That is why companies from other sectors can appear in the list. It is not a recommendation and not a list of alternatives.

Direct competitors

symbolcompanycountryscore
ITUB.USItau Unibanco Banco Holding SAUS65.4
DNKEY.USDanske Bank A/S ADRUS59.2
DNBBY.USDNB Bank ASAUS60.7
EBS.VIErste Group Bank AGAT65.7
BSBR.USBanco Santander Brasil SA ADRUS19.8
SANB.LSESANTANDER UK 8 5/8% NON-CUM STLG PRFGB37.9

Competitors from the same industry, Banks - Regional. The list is ordered by company size, but the figure is not shown: it comes in each market’s own currency, so the values are not comparable.

How the price moves

Market & Momentum

So far this has been about the company. From here on it is about the share: how much it swings, how deep it fell, and whether the move was worth the risk.

Volatility and risk

18.64%one-year volatility

How choppy Banca Transilvania S.A. has been, and how deep its falls have gone.

How much it swings

1.12like the marketBetaHow strongly the share moves when the market moves. Below 1 is calmer than the market; above 1 amplifies its moves.
1.08Downside betaHow much the share moves against the market, measured ONLY on days the market falls. Lower than ordinary beta = falls less than it rises. Higher = amplifies the falls.
0.95Beta over the last yearThe same market sensitivity, but computed on the last twelve months only. Compared with long-term beta, it shows whether the share has turned choppier lately.
1.18Raw betaHow much the share moves against the market, without the usual statistical adjustment. Above 1 = moves more than the market. This is the unsmoothed figure; adjusted beta is steadier.
market
Annualised volatility (1 year)How much the price swings over a year, as a standard deviation. Lower means a smoother ride, not necessarily a higher return.
Annualised volatility (3 years)How widely the price swings in a year, measured over the last three. Below 20% is calm; above 40% takes a strong stomach.

How deep it fell

−90.32%Maximum drawdownThe largest peak-to-trough fall over the period analysed. Smaller is easier to sit through.
−1.34%Current drawdownHow far today’s price sits below the highest peak reached. Zero means it is at the peak. The deeper it is, the more there is to recover.
−1.74%Distance from the 52-week highHow far the price sits below its highest level of the past 52 weeks. Near zero = at the high. Deeply negative = it has given up a lot from the peak.
82.80%Likely worst-case drawdownHow deep the fall could be in the worst 5% of scenarios. Lower is better. It is a statistical estimate, not a guaranteed floor.
Ulcer index (1 year)How deep and how long the falls of the past year were, in a single figure. Lower is better: it measures discomfort, not just swing.
Ulcer index (3 years)How deep and how long the falls below previous peaks have been. Low means few long stretches spent below the peak.
Days to recoverHow many days the price needed to return to its peak after the largest fall. Fewer is better. Hundreds of days means patience was tested.

Volatility and beta are computed from daily prices over the last year and the last three. They measure the past; they are not forecasts.

The words next to the figures are states with established names, not recommendations: “oversold” does not mean “worth buying”. Verdicts appear only on the risk ratios, where there is a clear direction of better.

Return against risk

1.98one-year Sharpe

The same gain earned with wide or narrow swings is not worth the same. The figures below divide the return by the risk it was earned with.

How much return for each unit of risk

1.981.85goodSharpe ratioReturn above the risk-free rate for each unit of volatility. Above 1 is good; above 2 is remarkable.
3.162.89goodSortino ratioLike Sharpe, but only penalising downward swings, not upward ones. Above 1.5 means good return relative to downside risk.
1.431.39goodOmega ratioThe ratio of gains to losses over the past year, weighted by their size. Above 1 means the good side weighed more than the bad.
0
Total return, 12 monthsGain over the past year, with dividends reinvested. Compared with the benchmark index, not in isolation.
Calmar ratioAnnual return divided by the largest drawdown suffered. Above 0.5 is decent. It says how much return you got for each unit of pain.
Treynor ratio (1 year)Return above the risk-free rate divided by beta - against market risk, not total swing. Higher is better. Useful when the share is held in a portfolio rather than alone.

All of them measure gain against some form of risk: Sharpe against total swing, Sortino against downward swing only, Calmar against the deepest fall, Treynor against market risk. Above 1 is generally good, but these compare between companies, not in absolute terms.

The words next to the figures are states with established names, not recommendations: “oversold” does not mean “worth buying”. Verdicts appear only on the risk ratios, where there is a clear direction of better.

Trend and oscillators

52.7714-day RSI

Where the Banca Transilvania S.A. share price sits against its moving averages, and how stretched the recent move is.

Against the averages

50-day moving averageThe average price over the last fifty trading sessions. It is the short-term reference: price above it means a recent upward trend.
200-day moving averageThe average price over the last two hundred sessions. It is the long-term reference, the most watched line in technical analysis.
yesAbove the 200-day averageWhether today’s price is above or below the long-term average. Above is read as a structural uptrend; below, a downtrend.
yesShort average above the long oneWhether the 50-day average is above the 200-day. When the short crosses above the long it is called a golden cross; the reverse, a death cross.
upMoving-average crossover stateWhich average is on top, expressed as +1 or −1. +1 = short above long; −1 = the reverse.
upParabolic SAR directionThe direction signal given by the Parabolic SAR indicator. +1 = uptrend; −1 = downtrend.

Oscillators

307052.77no signalRelative strength index (RSI 14)How fast the price rose or fell over the last fourteen days, on a scale from 0 to 100. Below 30 is considered oversold, above 70 overbought. In between, no signal.
-100100-50.61in the channelCommodity channel index (CCI 20)How far the price is from its twenty-day average, measured in typical deviations. Between −100 and +100 is normal; outside that, an unusual move against the recent pattern.
010.49in the bandPosition in the Bollinger bandWhere the price sits between the lower band (0) and the upper band (1) of the volatility channel. Below 0 or above 1 means the price has left the channel - rare, and usually brief.
202527.32clear trendTrend strength (ADX 14)How clear the price direction is, whether it rises or falls. Above 25 = a clear trend; below 20 = it moves sideways.
MACD lineThe gap between the 12-day and the 26-day exponential average - how fast direction is changing. Above the signal and rising means upward momentum.
MACD signalThe nine-day average of the MACD line. It is the threshold the line is read against. It is not judged on its own: what matters is whether the line is above or below it.
MACD histogramThe gap between the MACD line and its signal - how fast momentum is changing. Positive and rising = upward momentum; negative = downward momentum.
On-balance volume slope (50 days)Where cumulative volume is heading over the last fifty sessions. Positive means more is being accumulated than distributed.

The thresholds marked on the scales are the usual ones in technical analysis: 30 and 70 for RSI, ±100 for CCI, 0 and 1 for the Bollinger band, 20 and 25 for trend strength. They are widely used conventions, not rules.

The words next to the figures are states with established names, not recommendations: “oversold” does not mean “worth buying”. Verdicts appear only on the risk ratios, where there is a clear direction of better.

Who it suits

12/18checks passed

Each row below is a way of investing. The more checks Banca Transilvania S.A. passes on one, the better it suits that way - there is no “correct” row.

StrongestGrowth
WeakestFinancial health
  • not applicableUpside to fair valueHow much room there is between today’s price and the value computed from discounted cash flows. Positive means the model sees the share below its value.
  • passedPrice / earnings (trailing 12 months)How many years of current profit you pay for one share. Judged against sector and growth rate, never in isolation.
  • failedPrice / sales (trailing 12 months)How many times annual sales you pay for a share. Useful for companies without profit; judged against the sector, not in absolute terms.
  • passedMargin of safetyHow far the market price sits below our fair-value estimate. Positive and wide means buying below value. Negative means paying above it.
  • not applicableReturn on capital above its costWhether the return on invested capital exceeds the weighted average cost of capital. Above the cost of capital the company creates value; below, it destroys it.
  • passedReturn on equityHow much net profit the company generates from shareholders' money. Above ~15% is very good; consistency matters as much as the level.
  • passedNet margin (DuPont breakdown)The margin component of the DuPont breakdown of returns. Higher means the firm keeps more of every unit sold.
  • not applicableCompetitive moatHow well defended the company’s position is against competitors. A wide moat means profit is harder to erode.
  • failedPiotroski F-scoreNine balance-sheet and profitability checks, one point for each one passed. Above 7 out of 9 is considered solid; below 3, weak.
  • passedWarning flagsThe number of forensic flags raised by the reporting-quality models. Zero is what you want to see.
  • failedBehaviour in recessionHow the share behaved through recent economic contractions. A smaller fall than the market shows resilience.
  • not applicableEarnings per share growth (5-year annual)Average yearly growth in earnings per share. Faster than revenue means expanding margins or buybacks.
  • passedRevenue growth (5-year annual)Average yearly revenue growth over the past five years. Above ~10% is solid growth for a mature company.
  • passedAnalyst revisionsWhich way analysts have moved their estimates lately. Upward means expectations are rising.
  • passedDividend yield (trailing 12 months)Dividends paid over the past year against the current price. Judged together with sustainability, not on level alone.
  • passedPayout ratioHow much of the profit is paid out as dividend. Below 60% leaves room to grow; above 100% means the dividend exceeds the profit.
  • failedStreak of good reportsHow many quarters in a row the company has beaten expectations. A long streak shows predictability; a broken one, a change.
  • failedBeats, last yearHow many times over the last year the result came in above estimates. More beats suggest cautious estimates or good execution.
  • passedBeats, three yearsHow many times over the last three years the result came in above estimates. More beats suggest cautious estimates or good execution.
  • failedBeats, five yearsHow many times over the last five years the result came in above estimates. More beats suggest cautious estimates or good execution.
  • passedPrice momentumThe direction and strength of the recent price move. Positive means the recent trend is upward.
  • passedSharpe ratio (1 year)Return above the risk-free rate for each unit of volatility. Above 1 is good; above 2 is remarkable.

A failed check is not a flaw in itself: a growth company fails almost everything to do with value, and that is normal. What matters is the pattern, where it passes and where it fails, not the count on its own.

Transparency · MAR

Key figuresIndicatorsPros and consVerdict
AnalystsFair valueProjections
ProfitabilityGrowthEarnings qualityFinancial statementsEarnings reports
Debt and solvencyForensics and manipulationBehaviour in crisesBiggest drops
DividendsShareholder yieldWhat you would have madeSplits
Institutional holdingsIndices and ETFs
Position in sectorComparable companiesWho it suits
Volatility and riskRisk-adjusted returnTrend and oscillators