Sberbank reported earnings results for the year ended December 2016. For the year, the company reported net interest income increased by 41.5% to exceed RUB 1.1 trillion: Interest income increased by 3.9%, driven by the increase in volume of working assets. Net profit before income tax came at RUB 668.9 billion. Net profit excluding the effect of subsequent events totaled RUB 517.0 billion.