Slides
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1Q 2025 Results Published on 25 April 2025 at 07:00 CET According to IFRS, Consolidated, Unaudited MANDATORY DISCLOSURE / PUBLIC DISCLOSURE OF MANDATORY INFORMATION
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Note: Percentage change represents movement compared to 1Q 2024. (1) Gross performing portfolio. • Operating income of CZK 3.4 billion (+8.4%) • Operating expenses kept stable at CZK 1.5 billion despite persisting inflationary pressure in the labour market • Net profit of CZK 1.5 billion (+14.0%) in line with market guidance • Loan portfolio growth at CZK 278 billion (+4.0%) in line with expectations • Total assets reached CZK 501 billion (+7.0%), supported by continued expansion of the funding base (+7.8%) 1Q 2025 Key highlights 2 (in CZK) 1.5bn Net profit 1.5bn Operating expenses 3.4bn Operating income 278bn Loan portfolio 1 456bn Funding base 501bn Total assets +8.4% stable +7.8%+7.0% +4.0% +14.0%
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Note: The percentage and percentage points represent the year-on-year change. (1) Excess capital above the capital management target of 15.25% as at 31 March 2025 and after an approved dividend of CZK 5.1 billion. • Risk weighted assets decreased by CZK 10 billion due to the implementation of capital requirements regulation (CRR 3) • Capital adequacy ratio at 19.1%, which is 3.9% above the management target and corresponds to excess capital of CZK 6.4 billion 1 • Return on Tangible Equity at 19.5% (+2.4pp) 1Q 2025 Key highlights 3 (in CZK) 40.0% 6.4bn Excess capital1 19.1% Capital adequacy ratio 28.7% MREL ratio Adjusted cost to income ratio Excess 3.9% Excess 6.3% (2.2)pp 19.5% Return on Tangible Equity +2.4pp CZK 12.5 per share 164bn Risk weighted assets (3.6)%
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4 Shareholders approved all proposals at the Annual General Meeting held on 24 April 2025 ANNUAL GENERAL MEETING SUMMARY Approval of Mr. Miroslav Singer as a member of the Supervisory Board Annual Consolidated Financial Statements of MONETA Money Bank, a.s. as of 31 December 2024 Annual Separate Financial Statements of MONETA Money Bank, a.s. as of 31 December 2024 Dividend distribution of CZK 10 per share (record date 30 April 2025 and due date 21 May 2025 ) Appointment of Deloitte Audit s.r.o as the external auditor for 2025, 2026 and 2027 2024 Remuneration Report 01 02 03 04 05 06
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Macroeconomic Environment Operating Platform Profit and Loss Development Balance Sheet Development Risk Metrics & Asset Quality Liquidity Development Capital Management 2025 – 2029 Market Guidance Appendix 01 02 03 04 05 06 07 08 09 Content Branch office: Vsetín
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6 GDP evolution1 (CZK bn) Unemployment rate: Czech Statistical Office3 Government debt in % of GDP at current prices2 Czech economy grew by 1.8%; unemployment remains low and stable; state budget deficit forecasted at CZK 241 billion MACROECONOMIC ENVIRONMENT Note: (1) Source: GDP at constant prices of 2020 based on the Czech Statistical Office (CZSO); GDP at current prices – 4Q 2023: CZK 1,927bn, 1Q 2024: CZK 1,963bn, 2Q 2024: CZK 1,994bn, 3Q 2024: CZK 2,016bn, 4Q 2024: CZK 2,035bn; GDP Y/Y % change: 4Q 2023–4Q 2024 actuals based on the CZSO seasonally adjusted, FY 2024 based on the CZSO and 2025 based on the CNB forecast; (2) Euro area data: www.ec.europa.eu/eurostat as at 22 January 2025; (3) ILO methodology, 2025F based on the CNB forecast issued in winter 2025; (4) Source: www.mfcr.cz. State budget deficit of the Czech Republic4 (CZK bn) 2024: 2.8% Feb’2025: 2.7% 2025F: 2.8% 2024: 1.0% 2025F: 2.0% 97.2 94.8 89.5 88.6 88.2 36.9 40.7 42.5 42.4 43.6 2020 2021 2022 2023 3Q 2024 EURO area - 20 countries Czech Republic 1,597 1,473 1,594 1,610 1,625 4Q 2023 1Q 2024 2Q 2024 3Q 2024 4Q 2024 0.1% 0.5% 0.5% 1.4% 1.8% GDP Y/Y % changeGDP at constant prices 4Q 2023 1Q 2024 2Q 2024 3Q 2024 4Q 2024 2.6% 2.8% 2.6% 2.7% 2.6% (419.7) (360.4) (288.5) (271.4) (241.0) 2021 2022 2023 2024 2025F CZK (91.2)bn as at Mar’2025
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7 Inflation and consumer price index1 (year-over-year % change) Contribution to inflation by item1 2W repo rate (average over period) Inflation on a descending trajectory towards the CNB inflation target of 2%; the key rate decreased to 3.75% MACROECONOMIC ENVIRONMENT Source: CZSO, Bloomberg. Note: (1) Inflation rate as an increase in the average annual Consumer price index; (2) Consumer price index calculated as an increase in the CPI compared with the corresponding month of the preceding year; (3) Composed of short-term PRIBOR and swap market indication from 1 year and longer maturity. Market yield curve3 2.7%2.3% 6.6% 3.0% 4.0% 5.0% 6.0% 1D 1W 2W 1M 2M 3M 6M 9M 12M 2Y 3Y 4Y 5Y 6Y 7Y 8Y 9Y 10Y 12Y 15Y 20Y 30Y 31/03/2025 31/12/2024 31/03/2024 6.9% Dec’2024 % contribution Mar’2025 % contribution Mar’2025 Y/Y price change % Food and beverages 0.7 1.6 5.8 Clothing and footwear 0.0 (0.1) (2.2) Housing, energy 1.1 0.5 1.5 Health 0.1 0.1 3.5 Transport, telecommunication 0.1 (0.2) (1.4) Recreation, culture, education 0.4 0.3 3.7 Restaurants and hotels 0.4 0.3 5.1 Other 0.2 0.2 3.2 Total 3.0 2.7 2.7 End of period change2 15.8% 3.0% 0.0 5.0 10.0 15.0 3.2% 2020 3.8% 2021 15.1% 2022 10.7% 2023 2.4% 2024 2.6% 03/2025 0.77% 2020 0.88% 2021 5.95% 2022 6.99% 2023 5.12% 2024 3.85% 1Q 2025 2% the CNB inflation target 3.75% as at 31 Mar’2025
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Macroeconomic Environment Operating Platform Profit and Loss Development Balance Sheet Development Risk Metrics & Asset Quality Liquidity Development Capital Management 2025 – 2029 Market Guidance Appendix 01 02 03 04 05 06 07 08 09 Content Branch office: Chomutov
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Note: Numbers as at 31 March 2025. The percentage represents the year-on-year change. (1) Out of which 778 ATMs have a deposit function (40%); (2) Average FTEs in 1Q 2025; (3) Includes control and enabling functions. consists of three service and sales distribution pillars: • Digital platform • Branch network • Contact centre supported by own and shared ATM network, enabling deposits, withdrawals and service operations Overall business platform 9 Number of other employees2,3 Number of front line employees 2 Total number of clients Own & shared ATM network 1 Branch network Total number of employees 2 2,453 (2.0)% (2.2)% 124 1,323 (4.3)% 1,130 1.6m +1.1% +0.4% (7.5)% 1,936
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Note: Payment transactions, servicing transactions and sales transactions during 1Q 2025. All numbers in units. The percentage represents the year-on-year change. (1) Combination of Smart Banka and Internet Banka. is a critical distribution and service channel consisting of four key pillars: • Web: www.moneta.cz • Web: www.hypoteka.cz • Mobile: Smart Banka • Internet: Internet Banka Mobile application – Smart Banka is the key component, enabling access to 52 products and more than 220 service functions Digital 10 Sales transactions Loan applications Digital platform users 1 Payment transactions Average daily visits 1 Servicing transactions 5.5m +0.8% 18.7m +7.5% 713ths 91ths +13.7% 123ths 1.6m +8.3% +23.7% +6.9%
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Note: Visits, cash transactions and loan applications during 1Q 2025. NPS for full year 2024. Cash transactions and loan applications in a number of units. The percentage represents the year-on-year change. (1) Cash and non-cash visits; (2) Average FTEs in 1Q 2025. Includes retail, SME and small business bankers; (3) As at 31 March 2025; (4) FY 2024 retail client NPS = Net promoter score is the difference between the % of promoters and the % of detractors. Based on a survey on consumer products. continues to play an important role in product distribution and client service. The network is organised into six distinct front-office units: • Retail banking • Wealth management distribution • Mortgage distribution • Small business banking • SME banking • Structured finance for corporate clients Branch network 11 Number of staff at branches2 Loan applications Cash transactions Number of branches 3 119ths (9.5)% 1,054 (5.9)% 122ths 124 (7.5)% Branch visits 1 343ths (21.2)% (36.5)% Client satisfaction NPS 4 82 stable
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Note: Number of staff as at 31 March 2025, NPS for the full year 2024, rest data cumulative during the 1Q 2025 for retail and commercial clients. The percentage and percentage points represent the year-on-year change. (1) Inbound traffic = number of answered incoming calls; (2) Monthly average; (3) Email communication = number of answered emails or messages from Internet Banka, web forms, chats or social media; (4) Percentage of calls answered out of totalincoming calls, including resolved customer requests from missed calls that were called back; (5) FY 2024 retail client NPS = Net promoter score is the difference between the % of promoters and the % of detractors. Based on a survey on consumer products; (6) Lifetime income estimate of all insurance units sold. complements the service and sales of both the digital and physical branch network through a range of communication channels: • Telephone • Email • Web • Chats • Social media Contact centre 12 Number of staff2 Client satisfaction NPS 5 Email communication 3 Percentage of answered calls 4 70 stable 220 +10.0% 44ths 91.0% (3.5)pp Inbound traffic 1 191ths (9.1)% +6.5% Insurance sales (LTI) – CZK 6 44m +36.5%
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Note: Withdrawals, deposits and service transactions on MONETA’s ATMs in a number of units during 1Q 2025. The percentage represents the year-on-year change. provides 24/7 access to withdrawals, deposits and miscellaneous services through its own and shared network. ATM alliance partnership includes four banks: • MONETA Money Bank • Komerční banka • Air Bank • UniCredit Bank ATM network 13 Deposit ATMs in shared network Own ATM deposits Own ATM network Own ATM withdrawals 0.5m +18.3% 778 557 3.1m (9.3)% Shared ATM network 1,936 ATM service transactions 0.7m +4.6% (1.4)%(2.0)% (3.3)%
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Macroeconomic Environment Operating Platform Profit and Loss Development Balance Sheet Development Risk Metrics & Asset Quality Liquidity Development Capital Management 2025 – 2029 Market Guidance Appendix 01 02 03 04 05 06 07 08 09 Content Branch office: Písek
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Note: (1) Reported cost to income ratio at 44.3%. Net profit driven by operating income growth and stable cost base; cost of risk in line with expectations PROFIT AND LOSS STATEMENT Cost base remained stable. Adjusted cost to income ratio at 40.0%1 Net interest income growth driven by balance sheet expansion and significant decrease in CoF (NIM maintained stable at 1.9% compared to 4Q 2024) Net fee and commission income growth driven mainly by the strong distribution of wealth management products (+51.0% or CZK 74 million YoY) Cost of risk of CZK 151 million or 22bps in line with provided guidance PROFIT AND LOSS (CZK m) 1Q 2024 1Q 2025 CHANGE YoY Net interest income 2,075 2,337 12.6% Net fee and commission income 740 848 14.6% Other income 302 193 (36.1)% OPERATING INCOME 3,117 3,378 8.4% Operating expenses (1,486) (1,498) 0.8% OPERATING PROFIT 1,631 1,880 15.3% Cost of risk (135) (151) 11.9% PROFIT BEFORE TAX 1,496 1,729 15.6% Income tax (210) (263) 25.2% NET PROFIT 1,286 1,466 14.0% Earnings per share 2.5 2.9 14.0% Return on Tangible Equity 17.1% 19.5% 2.4pp Effective tax rate 14.0% 15.2% 1.2pp Net profit of CZK 1.5 billion, up by 14.0% with RoTE at 19.5% 15 Other income impacted by lower FX derivative result and absence of bond sale gain in 1Q 2025
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2024 2025 16 Net interest income (CZK m) Interest expense on customer deposits (CZK m) Interest income on loans (CZK m, YoY absolute change) NII growth primarily driven by deposit repricing; 1Q 2025 drop resulted from doubled mandatory deposit reserves NET INTEREST INCOME DRIVERS Note: (1) Treasury and other net interest income composed of money market operations, investment portfolio, wholesale funding and issued bonds. Treasury and other net interest income1 (CZK m) 1Q’24 2Q’24 3Q’24 4Q’24 1Q’25 3,220 3,336 3,310 3,333 3,344 +124 2,451 2,143 1,779 1,491 1,266 1Q’24 2Q’24 3Q’24 4Q’24 1Q’25 (1,185) (3,596) (3,369) (2,784) (2,395) (2,273) 2Q’24 1Q’254Q’241Q’24 3Q’24 2,075 2,110 2,305 2,429 2,337 1Q 2Q 3Q 4Q 1Q +12.6% (3.8)% +1,323
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17 Net fee and commission income (CZK m) Fee expense (CZK m) Third-party commission income (CZK m) Growth of nearly 15% driven by wealth management product distribution and improved commercial terms with Visa FEE AND COMMISSION INCOME & EXPENSE Fee income (CZK m) (141) (165) (165) (194) (111) 322 289 289 323 296 189 179 226 219145 1Q’24 2Q’24 3Q’24 4Q’24 1Q’25 467 478 468 549 515 414 439 451 459 444 1Q’24 2Q’24 3Q’24 4Q’24 1Q’25 Wealth mngt +51.0% YoY Insurance (8.1)% YoY 740 752 754 814 848 1Q 2Q 3Q 4Q 1Q +14.6% +4.2% 2024 2025 2Q’24 1Q’254Q’241Q’24 3Q’24
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18 Commissions from wealth management product distribution (CZK m) Outstanding amount of distributed wealth management products (CZK m) Cross-selling of wealth management products contributed to 51% commission income growth DISTRIBUTION OF WEALTH MANAGEMENT PRODUCTS Note: Number of licensed staff and wealth management specialists as at 31 March of the relevant year. Number of licensed staff for the retail segment. 44,741 63,244 31/03/2024 31/03/2025 +41.4% 145 219 1Q 2024 1Q 2025 +51.0% 1Q 2024 1Q 2025 Change Number of licensed staff (MiFiD) 522 533 +2.1% Wealth management specialists 53 54 +1.9% Distributed volume (CZK m) 6,054 5,790 (4.4)% Redeemed volume (CZK m) (1,154) (1,756) +52.1% Opening fee (CZK m) 53 91 +71.7% Trailer fee (CZK m) 92 128 +39.1%
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19 Commissions from insurance product distribution (CZK m) Life insurance – annual premium equivalent (CZK m) Recurrent insurance income grew by 4.6% YoY; overall income in 1Q 2024 impacted by one-offs INSURANCE PRODUCT DISTRIBUTION Note: (1) As at 31 March of the relevant year. 296283 39 1Q 2024 1Q 2025 322 296 (8.1)% Recurrent income +4.6% YoY 1Q 2024 1Q 2025 Change Number of licensed staff (IDD)1 682 647 (5.1)% Life insurance Annual premium equivalent (CZK m) 44 46 +4.5% Commissions earned (CZK m) 81 86 +5.9% Pension insurance Units sold (ths) 9 7 (25.0)% Commissions earned (CZK m) 24 21 (12.5)% Payment protection insurance Gross written premium (CZK m) 184 197 +6.9% Commissions earned (CZK m) 102 105 +3.3% One-offs (CZK m) 39 0 (100.0)% 44 46 31/03/2024 31/03/2025 +4.5% One-offs
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20 • Regulatory charges decreased by 14.5% or CZK 33 million primarily due to lower contribution to the Resolution Fund • Administrative and Other expenses increased by 19.0% or CZK 64 million mainly due to higher IT and marketing expenses. • Personnel expenses went down by 1.8% or CZK 11 million due to employment base reduction by 2.2% to 2,453 FTEs1 • Adjusted cost to income ratio decreased by 2.2pp to 40.0% Note: Regulatory charges include mandatory contributions to Deposit Insurance, Resolution and Investor Compensation Funds; (1) Average FTEs in 1Q 2025. Cost base stable as a result of lower regulatory charges which were offset by higher administrative expenses OPERATING EXPENSES Operating expenses (CZK m) Key highlights 620 609 337 401 301 293 228 195 1Q 2024 1Q 2025 1,486 1,498 +0.8% Admin & Other +19.0% YoY Regulatory charges (14.5)%YoY Personnel (1.8)% YoY Depreciation and amortisation (2.7)% YoY
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Macroeconomic Environment Operating Platform Profit and Loss Development Balance Sheet Development Risk Metrics & Asset Quality Liquidity Development Capital Management 2025 – 2029 Market Guidance Appendix 01 02 03 04 05 06 07 08 09 Content Branch office: Jilemnice
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22 Loan portfolio (CZK bn) Loan portfolio yield (average) Funding base (CZK bn) Continued loan growth; funding base expansion driven by deposit gathering despite significant decline in cost of funding KEY BALANCE SHEET METRICS Note: Loan portfolio = gross performing receivables. Cost of funding (average) 1Q 2024 4Q 2024 1Q 2025 4.9% 4.9% 4.8% (0.1)pp 1Q 2024 4Q 2024 1Q 2025 3.6% 2.4% 2.2% (1.4)pp 267.4 275.9 278.1 31/03/2024 31/12/2024 31/03/2025 +4.0% +0.8% 423.0 452.4 455.9 31/03/2024 31/12/2024 31/03/2025 +7.8% +0.8%
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23 Notes: (1) Including reverse repo operations with the CNB; (2) Including CSA from Due to customers in the amount of CZK 253m at the end of 1Q 2024, CZK 253m at the end of 2Q 2024, CZK 197m at the end of 3Q 2024, CZK 215m at the end of 4Q 2024 and CZK 200m at the end of 1Q 2025. The balance sheet exceeded CZK 500 billion threshold through strong deposit base growth BALANCE SHEET PROFILE AND DEVELOPMENT Assets (CZK bn) Equity and liabilities (CZK bn) Cash and cash balances at the CNB1 +3.6% YoY Investment securities +19.2% YoY Net customer loans +4.1% YoY Repo operations and due to banks 2 (33.1)% YoY Equity Customer deposits +6.7% YoY 266.7 271.0 270.4 275.4 277.7 103.2 102.0 106.0 116.7 123.1 82.1 96.4 95.4 88.9 85.0 16.0 1Q 13.9 2Q 16.4 3Q 14.0 4Q 14.9 1Q 468.0 483.3 488.2 495.0 500.7 +7.0% 33.5 30.3 31.8 31.9 33.3 9.0 11.9 10.1 11.0 405.7 425.8 421.4 429.8 432.8 1Q 6.7 11.5 2Q 3Q 4.0 4Q 4.5 1Q 468.0 483.3 488.2 495.0 500.7 19.2 19.1 6.7 11.4 10.8 3.9 19.1 +7.0% Other liabilities Issued bonds and subordinated deposits Other assets 2024 2025 2024 2025
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24 New lending volume (CZK bn) New commercial lending volume (CZK bn) Reinforced lending activity in both retail and commercial segments delivered 27% growth of new lending volume NEW LENDING VOLUMES Note: (1) Including supplementary housing loans and auto loans; (2) Including commercial auto loans. New retail lending volume (CZK bn) 12.9 16.4 1Q 2024 1Q 2025 +27.1% 5.2 3.1 1Q 2024 6.2 4.3 1Q 2025 8.3 10.4 +26.0% Mortgage loans +37.3% YoY Consumer and Other loans1 +19.2% YoY 3.3 1.3 1Q 2024 4.2 1.8 1Q 2025 4.6 6.0 +29.0% Small business +34.5% YoY SME2 +26.8% YoY
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25 Loan portfolio (CZK bn) Loan portfolio returned to growth across all segments LOAN PORTFOLIO Note: (1) Includes investment loans, working capital and commercial auto loans and leasing portfolio. 72.7 75.1 74.7 76.5 76.8 17.2 180.3 181.5 180.7 183.1 184.2 14.4 1Q 15.1 2Q 15.4 3Q 16.3 4Q 1Q 267.4 271.6 270.8 275.9 278.1 +4.0% +0.8% Retail +2.2% YoY Small business +19.0% YoY SME1 +5.6% YoY 2024 2025
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26 Retail loan portfolio (CZK bn) Auto loan portfolio (CZK bn) Mortgage portfolio1 (CZK bn) Retail loan portfolio growth driven by mortgage and consumer lending RETAIL LOAN PORTFOLIO DEVELOPMENT Notes: (1) Loan to value ratio on the performing mortgage portfolio at 53.3% as at 31 March 2025. Housing loan, credit card and overdraft (CZK bn) Consumer loan portfolio (CZK bn) 180.3 181.5 180.7 183.1 184.2 1Q 2Q 3Q 4Q 1Q +2.2% 128.0 128.8 127.7 130.2 131.3 1Q 2Q 3Q 4Q 1Q +2.6% 1Q 2Q 3Q 4Q 1Q 36.9 37.7 38.1 38.1 38.6 +4.5% 2.5 2.6 2.7 2.7 2.7 1Q 2Q 3Q 4Q 1Q +7.0% 1Q 2Q 3Q 4Q 1Q 12.8 12.4 12.2 12.0 11.5 (9.7)% 2024 2025 2024 2025 2024 2025 2024 2025 2024 2025
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27 Commercial loan portfolio1 (CZK bn) Small business loan portfolio (CZK bn) Investment loan portfolio2 (CZK bn) Commercial loan book produced fairly strong growth across most product categories COMMERCIAL LOAN PORTFOLIO DEVELOPMENT Notes: (1) Commercial loan portfolio includes portfolio of MONETA Leasing in the amount of CZK 1.9bn as at the end of 1Q 2024, CZK 1.6bn as at the end of 2Q 2024, CZK 1.4bn as at the end of 3Q 2024, CZK 1.2bn as at the end of 4Q 2024 and CZK 1.1bn as at the end of 1Q 2025; (2) Investmentloan portfolio includes supplementary housing loans; (3) Auto loan portfolio includes financing of agriculture equipment (Smart Finance). Auto loan portfolio3 (CZK bn) Working capital portfolio (CZK bn) 14.4 15.1 15.4 16.3 17.2 1Q 2Q 3Q 4Q 1Q +19.0% 87.2 90.1 90.1 92.8 94.0 1Q 2Q 3Q 4Q 1Q +7.8% 45.3 46.7 46.5 50.1 50.5 1Q 2Q 3Q 4Q 1Q +11.5% 17.7 18.6 18.5 16.6 16.7 1Q 2Q 3Q 4Q 1Q (6.1)% 7.8 8.1 8.3 8.6 8.6 1Q 2Q 3Q 4Q 1Q +10.1% 2024 2025 2024 2025 2024 2025 2024 2025 2024 2025
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28 Loan portfolio yield (%) Commercial loan portfolio yield (%) Loan portfolio yield remained broadly stable; commercial yield impacted by declining short-term interest rate environment LOAN PORTFOLIO YIELD EVOLUTION Note: For more details, please see the explanation in the glossary. Retail loan portfolio yield (%) 4.9 4.9 4.9 4.9 4.8 1Q 2Q 3Q 4Q 1Q 6.3 6.2 6.1 6.0 5.8 1Q 2Q 3Q 4Q 1Q 4.2 4.2 4.3 4.3 4.3 1Q 2Q 3Q 4Q 1Q 2024 2025 2024 2025 2024 2025
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29 Customer deposits and wholesale funding1 (CZK bn) Funding base grew by 7.8%, despite repricing activities during 2024 FUNDING BASE Notes: (1) Excludes opportunistic repo operations and CSA (CZK 0.7bn at the end of 1Q 2024, CZK 0.9bn at the end of 2Q 2024, CZK 0.4bn at the end of 3Q 2024, CZK 0.6bn at the end of 4Q 2024 and CZK 0.5bn at the end of 1Q 2025); wholesale funding includes Issued bonds, Subordinated liabilities and Due to banks balances. Retail +4.9% YoY Commercial +13.0% YoY90.9 100.6 98.8 105.8 102.6 314.8 325.3 322.7 324.0 330.2 17.4 1Q 17.3 2Q 22.6 3Q 22.6 4Q 23.1 1Q 423.0 443.1 444.0 452.4 455.9 +7.8% +0.8% Wholesale +32.9% YoY 2024 2025
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30 Monthly development of customer deposits and funding cost (%, CZK bn) Cost of funds reduction delivered NIM improvement; however, 1Q 2025 impacted by doubled mandatory deposit reserves DEVELOPMENT OF COSTS AND BALANCES OF CUSTOMER DEPOSITS Net interest margin development over 12 months (%) 405.7 413.1 422.1 425.8 424.3 420.3 421.4 421.0 421.6 429.8 424.4 431.4 432.8 03/24 04/24 05/24 06/24 07/24 08/24 09/24 10/24 11/24 12/24 01/25 02/25 03/25 +6.7% 3.51% 3.48% 3.28% 2.99% 2.73% 2.62% 2.51% 2.34% 2.25% 2.16% 2.16% 2.16% 2.13% 1.7 1.7 1.7 1.9 1.9 2.0 2.0 2.0 2.0 2.1 2.0 1.9 1.9 Impacted by doubled mandatory reserves
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31 Retail customer deposits (CZK bn) Savings, term and other deposits1 (CZK bn) Retail deposit growth achieved in both deposit categories, despite significant repricing RETAIL CUSTOMER DEPOSITS DEVELOPMENT Notes: (1) Including building savings accounts. Current account deposits (CZK bn) 314.8 325.3 322.7 324.0 330.2 1Q 2Q 3Q 4Q 1Q +4.9% 52.3 54.7 54.5 54.8 55.2 1Q 2Q 3Q 4Q 1Q +5.6% 262.5 270.6 268.2 269.2 275.0 1Q 2Q 3Q 4Q 1Q +4.7% 2024 2025 2024 2025 2024 2025
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32 Commercial customer deposits (CZK bn) Savings, term and other deposits1 (CZK bn) As in retail, also commercial deposit growth achieved in both deposit categories COMMERCIAL CUSTOMER DEPOSITS DEVELOPMENT Notes: (1) Including building savings accounts. Current account deposits (CZK bn) 90.9 100.6 98.8 105.8 102.6 1Q 2Q 3Q 4Q 1Q +13.0% 39.2 44.4 43.5 53.0 47.6 1Q 2Q 3Q 4Q 1Q +21.6% 51.7 56.2 55.2 52.8 55.0 1Q 2Q 3Q 4Q 1Q +6.4% 2024 2025 2024 2025 2024 2025
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33 Cost of funds1 – average (%) Wholesale funding2 (%) Average cost of funds decreased to 2.2%, supporting improvement in net interest income COST OF FUNDS Notes: (1) Excluding opportunistic repo operations and CSA; (2) Wholesale includes Issued bonds, Subordinated liabilities and Due to banks balances and excludes opportunistic repo operations and CSA. Customer deposits (%) Commercial (%) Retail (%) 3.6 1Q 3.3 2Q 2.7 3Q 2.4 4Q 2.2 1Q 4.2 1Q 4.4 2Q 4.1 3Q 4.7 4Q 4.8 1Q 3.6 1Q 3.2 2Q 2.6 3Q 2.3 4Q 2.1 1Q 3.8 1Q 3.5 2Q 2.8 3Q 2.4 4Q 2.3 1Q 2.8 1Q 2.4 2Q 2.0 3Q 1.7 4Q 1.5 1Q 2024 2025 2024 2025 2024 2025 2024 2025 2024 2025
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Macroeconomic Environment Operating Platform Profit and Loss Development Balance Sheet Development Risk Metrics & Asset Quality Liquidity Development Capital Management 2025 – 2029 Market Guidance Appendix 01 02 03 04 05 06 07 08 09 Content Branch office: Louny
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35 Cost of risk (release in brackets, creation without brackets, YtD) Non-performing loan ratio Loan loss provision coverage Cost of risk at 22bps in line with expectations; NPL ratio remains stable at a low level KEY RISK RATIOS Total non-performing loan coverage 1Q 2024 2024 1Q 2025 0.20% 0.14% 0.22% +0.02pp 1Q 2024 2024 1Q 2025 1.4% 1.3% 1.3% (0.1)pp 1Q 2024 2024 1Q 2025 118.5% 113.6% 111.1% (7.4)pp 1Q 2024 2024 1Q 2025 1.70% 1.45% 1.42% (0.28)pp
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36 Note: (1) 1Q 2025: impact into the cost of risk line at CZK 26m and into other operating income line at CZK 1m; 1Q 2024: impact into the cost of risk line at CZK 28m and into other operating income line at CZK 1m. Cost of risk in 1Q 2025 stable thanks to good credit performance, and gradual release of management overlays COST OF RISK Cost of risk (CZK m, release in brackets, creation without brackets, QtD) Annualised cost of risk (%, release in brackets, creation without brackets, QtD) • 1Q 2025 cost of risk at CZK 151 million or 22bps (1Q 2024: CZK 135 million or 20bps); a gain on NPL disposals at CZK 27 million (1Q 2024: CZK 29 million).1 0.20 0.15 0.17 0.05 0.22 1Q 2Q 3Q 4Q 1Q 2024 2025 2024 2025 1Q 2Q 3Q 4Q 1Q COST OF RISK 135 102 114 35 151 Retail 36 85 167 82 181 Commercial 99 17 (53) (48) (30)
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37 Gross loan portfolio (CZK m) Non-performing loan portfolio2 (CZK m) Loan loss provisions (CZK m) Gradual reduction of the management overlays driven by solid core performance LOAN PORTFOLIO AND LOAN LOSS PROVISIONS Note: (1) Management overlays on expected credit losses reflecting potential risks associated with an environment of high inflation and high interest rates; (2) NPLs include gross loan portfolio balance in Stage 3 and non-performing gross loan portfolio balance in Stage POCI. Loan loss provision coverage 3,886 3,977 3,977 3,568 3,612 1Q 2Q 3Q 4Q 1Q 271,334 275,626 274,819 279,435 281,755 1Q 2Q 3Q 4Q 1Q +3.8% 1Q 2Q 3Q 4Q 1.70% 1.67% 1.62% 1.45% 1Q 1.42% 4,046 4,162 4,004 3,658 3,675 557 1Q 454 2Q 451 3Q 394 4Q 338 1Q 4,603 4,616 4,455 4,052 4,013 (12.8)% Management overlays1 Loan loss provisions NPL ratio 1.3% 1.3%1.4% 1.4% 1.4% 116% 112% 114% 111%118% Total NPL coverage 2024 2025 2024 2025 2024 2025 2024 2025
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38 NPL balance and net formation (CZK m) NPL balance remained stable thanks to NPL disposals, repayments and stable NPL formation NON-PERFORMING LOAN DEVELOPMENT Note: NPL balance excluding loan loss provision. (1) Includes also repayment and classification upgrades of loans where the concessions were provided; (2) Write-off includes the unrecovered part of sold receivables. The recovered part obtained within the debt sale is included in Cured. 3,886 3,977 3,977 3,568 3,612 1,174 1,296 1,144 1,222 Mar 2024 NPL forma- tion Cured1 Write- off2 Jun 2024 Write- off2 Cured1NPL forma- tion Dec 2024 Mar 2025 Write- off2 Cured1NPL forma- tion Sep 2024 Write- off2 Cured1 (1,003) (80) (1,033) NPL forma- tion (1,123) (431) (1,005) (173) (262) Net NPL formation +91 Net NPL formation 0 Net NPL formation (409) Net NPL formation +44
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39 Share of past due exposures on total gross portfolio balance (%) Delinquency rates remained low and stable, supported by solid core performance and an efficient collection strategy PAST DUE EXPOSURES DEVELOPMENT Note: 30+ delinquency represents due exposures in the range between 30 and 60 days past due, 60+ delinquency represents due exposures in the range between 60 and 90 days past due, 90+ delinquency represents due exposures more than 90 days past due. 0.53 0.51 0.45 0.47 0.46 0.34 0.37 0.33 0.30 0.31 0.32 0.34 0.32 0.31 0.33 0.37 0.37 0.36 0.35 0.33 0.17 0.19 0.17 0.16 0.13 0.10 0.10 0.09 0.06 0.10 0.10 0.09 0.10 0.10 0.12 0.10 0.13 0.13 0.10 0.08 1.36 1.23 1.15 1.11 1.09 0.92 0.87 0.71 0.73 0.58 0.64 0.63 0.57 0.59 0.55 0.61 0.61 0.65 0.63 0.53 0.55 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 0.08 2Q 3Q 4Q 1Q 2Q 3Q 0.40 4Q 1Q 2Q 3Q 4Q 1Q 30+ 60+ 90+ 2021 20222020 2023 2024 2025
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Macroeconomic Environment Operating Platform Profit and Loss Development Balance Sheet Development Risk Metrics & Asset Quality Liquidity Development Capital Management 2025 – 2029 Market Guidance Appendix 01 02 03 04 05 06 07 08 09 Content Branch office: Příbram
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41 Loan to deposit ratio Liquidity coverage ratio Share of high-quality liquid assets on customer deposits Liquidity related ratios remained solid and strong KEY LIQUIDITY RATIOS Net stable funding ratio 31/03/2024 31/12/2024 31/03/2025 66% 64% 64% (2)pp 31/03/2024 31/12/2024 31/03/2025 359% 357% 367% +7pp 31/03/2024 31/12/2024 31/03/2025 168% 181% 182% +14pp 31/03/2024 31/12/2024 31/03/2025 40% 43% 42% +2pp
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42 High-quality liquid assets (CZK bn) High-quality liquid assets constitute 36% of the balance sheet, decline in 1Q 2025 impacted by doubled mandatory reserves HIGH-QUALITY LIQUID ASSETS DEVELOPMENT 91.1 89.2 97.5 107.4 112.6 69.7 85.3 82.2 75.6 65.7 3.3 1Q 3.8 2Q 3.4 3Q 3.8 4Q 2.9 1Q 164.2 178.4 183.1 186.8 181.2 +10.4% Cash (11.4)% YoY Balances at the CNB (5.8)% YoY Government and other bonds +23.5% YoY 2024 2025
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Macroeconomic Environment Operating Platform Profit and Loss Development Balance Sheet Development Risk Metrics & Asset Quality Liquidity Development Capital Management 2025 – 2029 Market Guidance Appendix 01 02 03 04 05 06 07 08 09 Content Branch office: Prague
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44 Capital adequacy ratio Risk-weighted assets (CZK bn) Tier 1 capital adequacy ratio RWA declined by 5.5% mainly due to positive impact from CRR3 implementation, excess capital increased by CZK 0.8 billion KEY CAPITAL RATIOS – CONSOLIDATED BASIS Note: (1) Including 100bps of management buffer; (2) Including 75bps of management buffer, which is covered by Tier 1 capital; (3) Excess capital over the management capital target of 15.05% as at 31 December 2024 and 15.25% as at 31 March 2025, 2024 excess capital does not include 2024 dividend in the amount of CZK 5.1bn (which was approved at the General Meeting on 24 April 2025 and will be paid on 21 May 2025); 1Q 2025 excess capital does not include 2025 accrued dividend of CZK 1.3bn; (4) Excess capital over Tier 1 management capital target of 12.23% as at 31 December 2024 and 12.50% as at 31 March 2025. Excess capital over management target3 (CZK m) 15.05% 3.20% 31/12/2024 15.25% 3.88% 31/03/2025 18.25% 19.13% Management target1 12.23% 2.24% 31/12/2024 12.50% 2.84% 31/03/2025 14.46% 15.34% Management target 2 Excess capital T1, T2 and debt instruments Distributable excess capital 31/12/2024 31/03/2025 173.5 164.0 (5.5)% 3,885 4,650 1,657 1,719 31/12/2024 31/03/2025 5,543 6,369 Tier 1 excess4 Tier 2 excess
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45 Regulatory capital (CZK bn) Capital adequacy ratio Risk-weighted assets density On a consolidated level, RWA density decreased by 2.3pp due to the implementation of CRR3, excess capital increased to CZK 6.4bn CAPITAL POSITION ON A CONSOLIDATED BASIS Note: (1) Including 100bps of management buffer; (2) Excess capital and accrued dividend as at 31 March 2025 are subject to corporate, regulatory and regulator´s limitations; (3) Including changes based on Article 473a of Regulation (EU) No. 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and amending Regulation (EU) No. 648/2012, change of T2 capital, changes in intangibles and other; (4) 90% of 1Q 2025 net profit. Excess capital over management capital target of 15.25%1,2 (CZK m) 6.6 25.1 31/12/2024 6.2 25.1 31/03/2025 31.6 31.4 31/12/2024 31/03/2025 35.0% 32.7% 5,543 6,3691,443 1,466 0 5,000 10,000 31 Dec 2024 Change of capital requirement Change in RWA Other changes in capital3 2024 and 1Q 2025 Net profit 1Q 2025 Dividend accrual4 31 Mar 2025 (347) (416) (1,319) Tier 2 Tier 1 15.05% 3.20% 31/12/2024 15.25% 3.88% 31/03/2025 18.25% 19.13% Management target1 Excess capital T1, T2 and debt instruments
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46 Regulatory capital and MREL instruments (CZK bn) MREL adequacy ratio Risk-weighted assets density On an individual basis, we maintained a strong MREL ratio, more than 6 percentage points above our target CAPITAL POSITION ON AN INDIVIDUAL BASIS Note: (1) Consists of a total MREL requirement and a management buffer of 1%. • Overall, MONETA had to maintain the MREL requirement of 22.35% as at 31 March 2025, including CRR, systemic risk and management capital buffers. • Current MREL position of 28.66% constitutes an excess of 631 basis points above the MREL management target as at 31 March 2025. • CRR3 implementation improved RWA density by 2.3 percentage points • 2025 dividend accrual at 90% of the consolidated net profit. 26.3 6.6 12.5 31/12/2024 26.7 6.2 12.8 31/03/2025 45.4 45.7 21.95% 5.04% 31/12/2024 22.35% 6.31% 31/03/2025 26.99% 28.66% MREL management target1 Excess over MREL management target 31/12/2024 31/03/2025 35.0% 32.7% Tier 2 Tier 1 MREL
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Macroeconomic Environment Operating Platform Profit and Loss Development Balance Sheet Development Risk Metrics & Asset Quality Liquidity Development Capital Management 2025 – 2029 Market Guidance Appendix 01 02 03 04 05 06 07 08 09 Content Branch office: Brno
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Note: Please see pages 49, 50 and 75 of this presentation for limitations of forward-looking statements and their assumptions. (1) Assuming no changes in the current tax regulation. In the next five years, we seek to deliver a minimum cumulative net profit of CZK 33.3 billion or CZK 65.1 per share 2025 – 2029 MEDIUM-TERM GUIDANCE Metrics 2025 2026 2027 2028 2029 CAGR 2025-2029 Total operating income (CZK bn) 13.6 14.6 15.1 15.8 16.5 5.0% Total operating expenses (CZK bn) (5.9) (6.1) (6.2) (6.4) (6.6) 2.8% Operating profit (CZK bn) 7.7 8.5 8.9 9.4 9.9 6.5% Cost of risk (bps) (15-35) (25-45) (25-45) (25-45) (25-45) - Effective tax rate1 15.5% 15.5% 15.5% 15.5% 15.5% - NET PROFIT (CZK bn) 6.0 6.3 6.6 7.0 7.4 5.4% Earnings per share (CZK) 11.7 12.3 12.9 13.7 14.5 5.4% Dividend per share (CZK) 10.6 11.1 11.6 12.3 13.0 5.4% Return on Tangible Equity 20% 20% 21% 21% 22% - 48
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49 Note: Please see also pages 50 and 75 for limitations of forward-looking statements and their assumptions. Source 2025-2026: GDP, unemployment and inflation rates based on the CNB forecast issued in autumn 2024; 2W repo rate and 1M Pribor based on internal assumptions. 2027 – 2029: all data based on internal assumptions. Macroeconomic assumptions for medium-term guidance 2025 – 2029 MEDIUM-TERM GUIDANCE 2025 2026 2027 2028 2029 GDP growth 2.4% 2.4% 2.4% 2.5% 2.5% Unemployment 2.9% 3.0% 2.9% 2.8% 2.7% Inflation 2.6% 2.2% 2.0% 2.0% 2.0% 2W repo rate (annual average) 3.3% 3.0% 3.0% 3.0% 3.0% 1M Pribor (annual average) 3.3% 3.1% 3.1% 3.1% 3.1% CZK/EUR 25.4 25.5 25.4 25.4 25.4
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50 Note: Please see also pages 49 and 75 for limitations of forward-looking statements and their assumptions. Projected loans and deposits growth 2025 – 2029 MEDIUM-TERM GUIDANCE 2024 2025 2026 2027 2028 2029 CAGR 2024-2029 Gross performing loans development 275.9 288.3 298.6 314.8 334.8 354.7 5.2% Retail 183.1 188.6 193.0 201.4 213.8 226.7 4.4% Commercial 92.8 99.8 105.7 113.4 121.0 128.0 6.6% Customer deposits development 429.8 435.0 445.9 458.0 474.1 490.8 2.7% Retail 324.0 331.2 340.5 351.0 365.4 380.4 3.3% Commercial 105.8 103.8 105.4 107.0 108.6 110.3 0.8%
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Macroeconomic Environment Operating Platform Profit and Loss Development Balance Sheet Development Risk Metrics & Asset Quality Liquidity Development Capital Management 2025 – 2029 Market Guidance Appendix 01 02 03 04 05 06 07 08 09 Content Branch office: Havířov
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Events with Investors Capital Requirements Net Profit Evolution 2020 - 2029 Distributed Dividends and Total Shareholder Return Deposit and Lending Market Financial Statements & Key Performance Ratios Glossary of Terms • • • • • • • Appendix
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Calendar for 1H 2025 REPORTING DATES, INVESTOR MEETINGS AND OTHER IMPORTANT DATES 53 Record date for dividend 30 April 2025 1H 2025 Earnings 24 July 2025 Dividend payment date 21 May 2025 Erste Finest CEElection Equity Conference, Warsaw 28 May 2025 Goldman Sachs European Financials Conference, Berlin 10 - 12 June 2025
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Events with Investors Capital Requirements Net Profit Evolution 2020 - 2029 Distributed Dividends and Total Shareholder Return Deposit and Lending Market Financial Statements & Key Performance Ratios Glossary of Terms • • • • • • • Appendix
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01/01 2024 01/04 2024 01/07 2024 31/12 2024 28/02 2025 MREL – loss absorption amount 10.6% 10.3% 10.3% 10.3% 10.0% MREL - recapitalisation amount 6.6% 6.9% 6.9% 6.9% 7.1% CRR capital conservation buffer 2.5% 2.5% 2.5% 2.5% 2.5% CRR countercyclical buffer 2.0% 1.75% 1.25% 1.25% 1.25% Systemic risk buffer - - - - 0.5% Total requirement 21.7% 21.45% 20.95% 20.95% 21.35% Management capital buffer 1.0% 1.0% 1.0% 1.0% 1.0% MANAGEMENT TARGET 22.7% 22.45% 21.95% 21.95% 22.35% 01/01 2024 01/04 2024 01/07 2024 31/12 2024 28/02 2025 Pillar I – CRR requirement 8.0% 8.0% 8.0% 8.0% 8.0% Pillar II – SREP requirement 1 2.3% 2.3% 2.3% 2.3% 2.0% CRR capital conservation buffer 2.5% 2.5% 2.5% 2.5% 2.5% CRR countercyclical buffer 2.0% 1.75% 1.25% 1.25% 1.25% Systemic risk buffer - - - - 0.5% Total requirement 14.8% 14.55% 14.05% 14.05% 14.25% Management capital buffer 1.0% 1.0% 1.0% 1.0% 1.0% MANAGEMENT TARGET 15.8% 15.55% 15.05% 15.05% 15.25% Note: The CNB usually re-assesses the above SREP capital requirements annually. The CNB may also launch an ad-hoc extraordinary SREP process, for example, in case of a change of the Bank’s consolidated unit. (1) Although the Pillar II capital requirement was set only on a consolidated basis, its value is used with a delay in setting the MREL requirement on an individual basis. 2025 capital requirement on a consolidated basis increased by 20bps and on an individual basis by 40bps against December 2024 CAPITAL & REGULATORY REQUIREMENTS Capital requirement on a consolidated basis Capital requirement on an individual basis 55
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Events with Investors Capital Requirements Net Profit Evolution 2020 - 2029 Distributed Dividends and Total Shareholder Return Deposit and Lending Market Financial Statements & Key Performance Ratios Glossary of Terms • • • • • • • Appendix
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57 2020 – 2029 Net profit1 (CZK bn) A cumulative net profit of CZK 33.3 billion in the next five years is 46% higher compared to the past five years NET PROFIT EVOLUTION Note: Guidance is subject to change based on actual financial results of the Group in the years 2025 to 2029 and corporate, regulatory and regulator’s limitations. Please see pages 49, 50 and 75 of this presentation for limitations of forward-looking statements and their assumptions.(1) 2020 – 2024 represents final data, 2025 – 2029 represents guidance. 2020 – 2029 Operating income1 (CZK bn) 2.6 4.0 5.2 5.2 5.8 6.0 6.3 6.6 7.0 7.4 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 CZK 22.8bn CZK 33.3bn+46.2% 12.1 11.2 12.1 12.1 12.9 13.6 14.6 15.1 15.8 16.5 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 CZK 60.4bn CZK 75.6bn+25.1%
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• Events with Investors • Capital Requirements • Net Profit Evolution 2020 - 2029 • Distributed Dividends and Total Shareholder Return • Deposit and Lending Market • Financial Statements & Key Performance Ratios • Glossary of Terms Appendix
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59 Net profit and dividend distribution (CZK m) Between 2016 and 2024, we generated a cumulative net profit of CZK 39 billion with a pay-out ratio at 88% DISTRIBUTION OF DIVIDENDS 2016 - 2024 Note: Dividend policy remains valid as long as MONETA operates at a capital adequacy ratio at a minimum of 100bps above the regulatory capital requirement and is subject to a variety of other factors and conditions. (1) In March 2020, the CNB instructed the banking sector to suspend their dividend policies. This recommendation stayed in place until 30 September 2021; (2) CZK 3.30 per share represents the interim dividend distributed on 17 December 2019; (3) Share price as at 25 November 2024 – the record date for the dividend; (4) Calculated as the ratio of cumulative dividend for the years 2016-2024 and an average share price during the same period. 4,054 3,923 4,200 4,019 2,601 3,984 5,187 5,200 5,808 5,008 4,088 3,143 1,686 1,533 3,577 4,088 4,599 1,533 5,110Net profit Dividend 2016 2017 2018 2019 2020 2021 2022 2023 Extraordinary dividend 2024 2016-2024 cumulative Pay-out ratio 124% 104% 75% 42%1 59% 90% 79% 88% n/a 88% 88% Dividend per share (CZK) 9.80 8.00 6.15 3.30 2 3.00 7.00 8.00 9.00 3.00 10.00 67.25 Share price – end of period (CZK) 82.80 82.40 72.50 85.00 68.00 93.75 76.00 93.60 122.4 3 123.80 n/a Dividend yield 11.8% 9.7% 8.5% 3.9% 4.4% 7.5% 10.5% 9.6% 2.5% 8.1% 74.7% 4
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95.0 105.0 115.0 125.0 135.0 145.0 155.0 165.0 175.0 01/01/2024 12/01/2024 23/01/2024 03/02/2024 14/02/2024 25/02/2024 07/03/2024 18/03/2024 29/03/2024 09/04/2024 20/04/2024 01/05/2024 12/05/2024 23/05/2024 03/06/2024 14/06/2024 25/06/2024 06/07/2024 17/07/2024 28/07/2024 08/08/2024 19/08/2024 30/08/2024 10/09/2024 21/09/2024 02/10/2024 13/10/2024 24/10/2024 04/11/2024 15/11/2024 26/11/2024 07/12/2024 18/12/2024 29/12/2024 09/01/2025 20/01/2025 31/01/2025 11/02/2025 22/02/2025 05/03/2025 16/03/2025 27/03/2025 Komerční banka Eurostoxx banks 60 Total shareholders return1 as at 31 March 2025 (%) MONETA delivered a total shareholder return of 75%, above European banks’ average TOTAL SHAREHOLDER RETURN COMPARISON Source: Company information, Bloomberg as at 31 March 2025; Note: (1) Calculated as the sum of share price performance as at 31 March 2025 vs 31 December 2023 and reinvested dividends paid in 2024; (2) EuroStoxx incl. 42 banks from the SX7P STOXX Europe 600 Banks Index. +70.4% MONETA Komerční banka Euro Stoxx Banks2 +75.0% +66.9%
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Events with Investors Capital Requirements Net Profit Evolution 2020 - 2029 Distributed Dividends and Total Shareholder Return Deposit and Lending Market Financial Statements & Key Performance Ratios Glossary of Terms • • • • • • • Appendix
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62 Deposit market (CZK bn) Commercial deposits (CZK bn) MONETA exceeded the deposit market growth where the commercial segment was the main driver CZECH DEPOSIT MARKET Note: Source: Market: Czech National Bank ARAD; Deposits include building savings deposits and further deposits of residents only, i.e. excluding non-residents, MONETA: Deposits include residents and non-residents including building savings deposits, excluding CSA and repo operations. Retail deposits (CZK bn) 314.8 1Q 325.3 2Q 322.7 3Q 324.0 4Q 329.9 Feb 3,492.7 3,562.2 3,599.9 3,659.0 3,706.8 +6.1%/+4.8% 90.9 1Q 100.6 2Q 98.8 3Q 105.8 4Q 101.5 Feb 3,420.6 3,447.3 3,513.8 3,267.8 3,473.1 +1.5%/+11.7%405.7 1Q 425.8 2Q 421.4 3Q 429.8 4Q 431.4 Feb 6,913.4 7,009.5 7,113.6 6,926.7 7,180.0 +3.9%/+6.3% Market MONETA 2024 2025 2024 2025 2024 2025
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63 Lending market – Gross loans (CZK bn) Commercial gross loans (CZK bn) Overall, our lending growth was almost in line with the market and outperformed in the commercial segment CZECH LENDING MARKET Source: Market: Czech National Bank ARAD; Market gross loans include building savings loans and further residents’ loans only, i.e. excluding non-residents; MONETA: gross loans include residents and non-residents including building savings loans, principal, interests and fees. Retail gross loans (CZK bn) 183.0 1Q 184.3 2Q 183.5 3Q 185.5 4Q 186.1 Feb 2,168.9 2,203.5 2,237.3 2,277.2 2,293.6 +5.8%/+1.7% 88.3 1Q 91.3 2Q 91.3 3Q 93.9 4Q 95.3 Feb 1,853.1 1,868.8 1,896.8 1,907.2 1,927.9 +4.0%/+7.9%271.3 1Q 275.6 2Q 274.8 3Q 279.4 4Q 281.4 Feb 4,022.0 4,072.3 4,134.1 4,184.4 4,221.5 +5.0%/+3.7% Market MONETA 2024 2025 2024 2025 2024 2025
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CZK m 31/03/2025 31/12/20241 31/03/2024 YtD % Change YoY % Change Cash and cash balances at the central bank 18,019 13,541 12,226 33.1% 47.4% Derivative financial instruments with positive fair values 491 596 560 (17.6)% (12.3)% Investment securities 123,081 116,664 103,215 5.5% 19.2% Hedging derivatives with positive fair values 2,096 2,314 2,681 (9.4)% (21.8)% Change in fair value of items hedged on portfolio basis 366 200 244 83.0% 50.0% Loans and receivables to banks 71,670 79,206 75,327 (9.5)% (4.9)% Loans and receivables to customers 277,742 275,383 266,731 0.9% 4.1% Intangible assets 3,341 3,365 3,323 (0.7)% 0.5% Property and equipment 2,426 2,260 2,392 7.3% 1.4% Investments in associates 4 3 3 33.3% 33.3% Current tax assets 15 70 66 (78.6)% (77.3)% Deferred tax assets 0 0 8 n/a (100.0)% Other assets 1,484 1,380 1,250 7.5% 18.7% TOTAL ASSETS 500,735 494,982 468,026 1.2% 7.0% Due to banks 4,275 3,834 6,441 11.5% (33.6)% Due to customers 433,023 430,021 405,920 0.7% 6.7% Derivative financial instruments with negative fair values 458 532 516 (13.9)% (11.2)% Hedging derivatives with negative fair values 4,825 4,259 4,497 13.3% 7.3% Change in fair value of items hedged on portfolio basis 87 78 81 11.5% 7.4% Issued bonds 11,559 11,562 3,856 (0.0)% 199.8% Subordinated liabilities 7,529 7,622 7,548 (1.2)% (0.3)% Provisions 275 263 263 4.6% 4.6% Current tax liabilities 76 47 79 61.7% (3.8)% Deferred tax liabilities 419 469 357 (10.7)% 17.4% Other liabilities 4,864 4,416 4,979 10.1% (2.3)% Total Liabilities 467,390 463,103 434,537 0.9% 7.6% Share capital 10,220 10,220 10,220 0.0% 0.0% Statutory reserve 102 102 102 0.0% 0.0% Other reserves 1 1 1 0.0% 0.0% Retained earnings 23,022 21,556 23,166 6.8% (0.6)% Total Equity 33,345 31,879 33,489 4.6% (0.4)% TOTAL LIABILITIES & EQUITY 500,735 494,982 468,026 1.2% 7.0% 65 Note: (1) Audited. Consolidated statement of financial position FINANCIAL STATEMENTS
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CZK m 31/03/2023 30/06/2023 30/09/2023 31/12/20231 31/03/2024 30/06/2024 30/09/2024 31/12/20241 31/03/2025 Cash and cash balances at the central bank 7,441 10,303 13,365 10,871 12,226 9,468 11,816 13,541 18,019 Derivative financial instruments with positive fair values 726 652 690 544 560 575 504 596 491 Investment securities 80,195 80,483 88,056 104,353 103,215 101,967 106,040 116,664 123,081 Hedging derivatives with positive fair values 4,345 3,731 3,991 2,701 2,681 2,669 2,011 2,314 2,096 Change in fair value of items hedged on portfolio basis (1,597) (1,147) (989) 122 244 74 864 200 366 Loans and receivables to banks 40,638 55,109 68,120 69,632 75,327 90,581 89,755 79,206 71,670 Loans and receivables to customers 266,012 268,027 268,987 263,064 266,731 271,010 270,364 275,383 277,742 Intangible assets 3,324 3,280 3,252 3,332 3,323 3,285 3,287 3,365 3,341 Property and equipment 2,360 2,361 2,443 2,400 2,392 2,315 2,236 2,260 2,426 Investments in associates 4 4 2 3 3 4 2 3 4 Current tax assets 8 23 33 76 66 184 92 70 15 Deferred tax assets 0 0 0 0 8 8 7 0 0 Other assets 1,129 1,003 1,113 1,086 1,250 1,123 1,241 1,380 1,484 TOTAL ASSETS 404,585 423,829 449,063 458,184 468,026 483,263 488,219 494,982 500,735 Due to banks 5,439 7,707 7,379 5,423 6,441 6,427 3,740 3,834 4,275 Due to customers 350,329 368,177 393,012 399,497 405,920 426,073 421,621 430,021 433,023 Derivative financial instruments with negative fair values 719 631 674 523 516 528 467 532 458 Hedging derivatives with negative fair values 935 1,545 1,502 4,548 4,497 3,691 5,964 4,259 4,825 Change in fair value of items hedged on portfolio basis (287) (169) (113) 63 81 66 135 78 87 Issued bonds 5,479 4,909 3,740 3,808 3,856 3,874 11,545 11,562 11,559 Subordinated liabilities 4,630 7,501 7,561 7,604 7,548 7,591 7,568 7,622 7,529 Provisions 250 238 308 266 263 260 266 263 275 Current tax liabilities 515 163 146 54 79 48 63 47 76 Deferred tax liabilities 476 408 418 462 357 394 418 469 419 Other liabilities 3,794 3,238 3,461 3,733 4,979 4,003 4,592 4,416 4,864 Total Liabilities 372,279 394,348 418,088 425,981 434,537 452,955 456,379 463,103 467,390 Share capital 10,220 10,220 10,220 10,220 10,220 10,220 10,220 10,220 10,220 Statutory reserve 102 102 102 102 102 102 102 102 102 Other reserves 1 1 1 1 1 1 1 1 1 Retained earnings 21,983 19,158 20,652 21,880 23,166 19,985 21,517 21,556 23,022 Total Equity 32,306 29,481 30,975 32,203 33,489 30,308 31,840 31,879 33,345 TOTAL LIABILITIES & EQUITY 404,585 423,829 449,063 458,184 468,026 483,263 488,219 494,982 500,735 66 Note: (1) Audited. Consolidated statement of financial position – quarterly development FINANCIAL STATEMENTS
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CZK m 1Q 2025 1Q 2024 % Change Interest and similar income 4,911 5,964 (17.7%) Interest expense and similar charges (2,574) (3,889) (33.8%) Net interest income 2,337 2,075 12.6% Fee and commission income 959 881 8.9% Fee and commission expense (111) (141) (21.3%) Net fee and commission income 848 740 14.6% Dividend income 0 0 n/a Net income from financial operations 168 285 (41.1%) Other operating income 25 17 47.1% Total operating income 3,378 3,117 8.4% Personnel expenses (609) (620) (1.8%) Administrative expenses (380) (330) 15.2% Depreciation and amortisation (293) (301) (2.7%) Regulatory charges (195) (228) (14.5%) Other operating expenses (21) (7) 200.0% Total operating expenses (1,498) (1,486) 0.8% Profit for the period before tax and net impairment of financial assets 1,880 1,631 15.3% Net impairment of financial assets (151) (135) 11.9% Profit for the period before tax 1,729 1,496 15.6% Taxes on income (263) (210) 25.2% Profit for the period after tax 1,466 1,286 14.0% Total comprehensive income attributable to the equity holders 1,466 1,286 14.0% 67 Consolidated statement of profit or loss and other comprehensive income FINANCIAL STATEMENTS
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CZK m 1Q 2023 2Q 2023 3Q 2023 4Q 2023 1Q 2024 2Q 2024 3Q 2024 4Q 2024 1Q 2025 Interest and similar income 4,855 5,374 5,769 6,048 5,964 5,751 5,345 5,147 4,911 Interest expense and similar charges (2,824) (3,207) (3,571) (3,867) (3,889) (3,641) (3,040) (2,718) (2,574) Net interest income 2,031 2,167 2,198 2,181 2,075 2,110 2,305 2,429 2,337 Fee and commission income 760 799 836 822 881 917 919 1,008 959 Fee and commission expense (144) (136) (154) (159) (141) (165) (165) (194) (111) Net fee and commission income 616 663 682 663 740 752 754 814 848 Dividend income 1 0 1 1 0 0 0 0 0 Net income from financial operations 183 188 278 240 285 229 164 182 168 Other operating income 13 10 21 10 17 14 22 19 25 Total operating income 2,844 3,028 3,180 3,095 3,117 3,105 3,245 3,444 3,378 Personnel expenses (578) (595) (593) (738) (620) (625) (632) (787) (609) Administrative expenses (365) (415) (367) (486) (330) (405) (380) (437) (380) Depreciation and amortisation (323) (312) (304) (294) (301) (303) (307) (314) (293) Regulatory charges (267) (40) 0 0 (228) 12 0 0 (195) Other operating expenses (12) (10) (12) (19) (7) (32) (11) (15) (21) Total operating expenses (1,545) (1,372) (1,276) (1,537) (1,486) (1,353) (1,330) (1,553) (1,498) Profit for the period before tax and net impairment of financial assets 1,299 1,656 1,904 1,558 1,631 1,752 1,915 1,891 1,880 Net impairment of financial assets 116 (146) (142) (133) (135) (102) (114) (35) (151) Profit for the period before tax 1,415 1,510 1,762 1,425 1,496 1,650 1,801 1,856 1,729 Taxes on income (200) (247) (268) (197) (210) (232) (269) (284) (263) Profit for the period after tax 1,215 1,263 1,494 1,228 1,286 1,418 1,532 1,572 1,466 Total comprehensive income attributable to the equity holders 1,215 1,263 1,494 1,228 1,286 1,418 1,532 1,572 1,466 68 Consolidated statement of profit or loss and other comprehensive income - quarterly development FINANCIAL STATEMENTS
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Profitability 1Q 2025 FY 2024 1Q 2024 YtD Change in pp YoY Change in pp Yield (% avg net customer loans) 4.8% 4.9% 4.9% (0.1) (0.1) Cost of funds (% avg deposits and received loans)1 2.24% 2.99% 3.60% (0.75) (1.36) Cost of funds on customer deposits (% avg deposits) 2.11% 2.93% 3.58% (0.82) (1.47) NIM (% avg int earning assets) 2,3,4 1.9% 1.9% 1.8% 0.0 0.1 Cost of risk (% avg net customer loans) 0.22% 0.14% 0.20% 0.08 0.02 Risk-adj. yield (% avg net customer loans) 4.6% 4.8% 4.7% (0.2) (0.1) Net fee & commission income / Operating income (%) 25.1% 23.7% 23.7% 1.4 1.4 Net non-interest income / Operating income (%) 30.8% 30.9% 33.4% (0.1) (2.6) Cost to income ratio 44.3% 44.3% 47.7% 0.0 (3.4) RoTE 19.5% 20.4% 17.1% (0.9) 2.4 RoE 17.6% 18.2% 15.4% (0.6) 2.2 RoAA2 1.2% 1.2% 1.1% 0.0 0.1 Liquidity / Leverage Loan to deposit ratio 64.2% 64.1% 65.8% 0.1 (1.6) Total equity / Total assets 6.7% 6.4% 7.2% 0.3 (0.5) High-quality liquid assets / Customer deposits 41.9% 43.5% 40.5% (1.6) 1.4 Liquidity coverage ratio 366.6% 357.2% 359.5% 9.4 7.1 Capital Adequacy RWA density 32.7% 35.0% 36.3% (2.3) (3.6) Total CAR (%) 19.1% 18.2% 19.6% 0.9 (0.5) Tier 1 ratio (%) 15.3% 14.5% 15.4% 0.8 (0.1) Asset Quality Non-performing loan ratio (%) 1.3% 1.3% 1.4% 0.0 (0.1) Core non-performing loan coverage (%) 39.7% 39.5% 46.6% 0.2 (6.9) Total NPL coverage (%) 111.1% 113.6% 118.5% (2.5) (7.4) Loan to value ratio (%)5 53.3% 53.4% 57.8% (0.1) (4.5) Loan to value ratio on new volumes (%, weighted average) 53.5% 56.9% 59.5% (3.4) (6.0) Operating platform Branch network 124 124 134 0.0% (7.5)% Own & shared ATMs6 1,936 1,966 1,976 (1.5)% (2.0)% Total employees7 2,453 2,516 2,508 (2.5)% (2.2)% 69 Note: (1) Deposits include issued bonds and exclude opportunistic repo transactions and CSA; (2) Including opportunistic repooperations; (3) Interest earning assets include encumbered assets; (4) Hedging derivatives are excluded from the calculation of interest earning assets; (5) On performing retail mortgage loans only; (6) ATM network including MONETA ATMs, Komerční banka ATMs, Air Bank ATMs and UniCredit Bank ATMs; (7) Average FTEs in the reported period, excluding members of the Supervisory Board and the Audit Committee. Key performance ratios FINANCIAL STATEMENTS
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Profitability 1Q 2023 2Q 2023 3Q 2023 4Q 2023 1Q 2024 2Q 2024 3Q 2024 4Q 2024 1Q 2025 Yield (% Avg Net Customer Loans) 4.4% 4.6% 4.7% 4.9% 4.9% 4.9% 4.9% 4.9% 4.8% Cost of Funds (% Avg Deposits and Received Loans)1 2.94% 3.21% 3.42% 3.58% 3.60% 3.29% 2.70% 2.37% 2.24% Cost of Funds on Customer Deposits (% Avg Deposits) 2.91% 3.19% 3.39% 3.55% 3.58% 3.24% 2.63% 2.25% 2.11% NIM (% Avg Int Earning Assets) 2,3,4 2.1% 2.1% 2.1% 2.0% 1.8% 1.8% 1.9% 2.0% 1.9% Cost of Risk (% Avg Net Customer Loans) (0.17)% 0.22% 0.21% 0.20% 0.20% 0.15% 0.17% 0.05% 0.22% Risk-adj. Yield (% Avg Net Customer Loans) 4.6% 4.4% 4.5% 4.7% 4.7% 4.8% 4.7% 4.8% 4.6% Net Fee & Commission Income / Operating Income (%) 21.7% 21.9% 21.4% 21.4% 23.7% 24.2% 23.2% 23.6% 25.1% Net Non-Interest Income / Operating Income (%) 28.6% 28.4% 30.9% 29.5% 33.4% 32.0% 29.0% 29.5% 30.8% Cost to Income Ratio 54.3% 45.3% 40.1% 49.7% 47.7% 43.6% 41.0% 45.1% 44.3% RoTE 16.8% 19.3% 21.6% 17.0% 17.1% 21.0% 21.5% 22.1% 19.5% RoE 15.0% 17.1% 19.3% 15.3% 15.4% 18.7% 19.2% 19.7% 17.6% RoAA2 1.2% 1.2% 1.4% 1.1% 1.1% 1.2% 1.3% 1.3% 1.2% Liquidity / Leverage Loan to Deposit ratio 76.0% 72.9% 68.5% 65.9% 65.8% 63.6% 64.2% 64.1% 64.2% Total Equity / Total Assets 8.0% 7.0% 6.9% 7.0% 7.2% 6.3% 6.5% 6.4% 6.7% High-Quality Liquid Assets / Customer Deposits 30.8% 32.7% 36.3% 40.0% 40.5% 41.9% 43.5% 43.5% 41.9% Liquidity Coverage Ratio 273.9% 284.8% 312.1% 354.4% 359.5% 339.5% 340.1% 357.2% 366.6% Capital Adequacy RWA density 41.4% 39.9% 37.6% 36.4% 36.3% 35.4% 35.6% 35.0% 32.7% Total CAR (%) 18.1% 19.7% 19.9% 20.1% 19.6% 19.4% 19.2% 18.2% 19.1% Tier 1 Ratio (%) 15.4% 15.4% 15.5% 15.7% 15.4% 15.4% 15.3% 14.5% 15.3% Asset Quality Non-Performing Loan Ratio (%) 1.3% 1.3% 1.3% 1.4% 1.4% 1.4% 1.4% 1.3% 1.3% Core Non-Performing Loan Coverage (%) 51.4% 49.7% 48.2% 47.9% 46.6% 47.2% 46.4% 39.5% 39.7% Total NPL Coverage (%) 137.1% 133.4% 130.8% 121.6% 118.5% 116.1% 112.0% 113.6% 111.1% Loan to value ratio (%) 5 60.1% 59.8% 59.5% 58.8% 57.8% 57.5% 56.1% 53.4% 53.3% Loan to value ratio on new volumes (%, weighted average) 59.3% 60.0% 57.2% 57.8% 59.5% 60.3% 56.0% 54.1% 53.5% Operating platform Branch network 140 140 140 134 134 134 134 124 124 Own & shared ATMs6 2,047 2,058 2,009 1,971 1,976 1,978 1,981 1,966 1,936 Total employees7 2,605 2,527 2,528 2,533 2,508 2,517 2,516 2,524 2,453 70 Note: (1) Deposits include issued bonds and exclude opportunistic repo operations and CSA. Data restated in 2Q 2024 and 3Q 2024; (2) Including opportunistic repo operations; (3) Interest earning assets include encumbered assets; (4) Hedging derivatives are excluded from the calculation of interest earning assets; (5) On performing retail mortgage loans only; (6) ATM network including MONETA ATMs, Komerční banka ATMs since 2Q’22, Air Bank ATMs and UniCredit Bank ATMs since 1Q’23; (7) Average FTEs in the reported quarter, excluding members of the Supervisory Board and the Audit Committee. Key performance ratios – quarterly development FINANCIAL STATEMENTS
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Events with Investors Capital Requirements Net Profit Evolution 2020 - 2029 Distributed Dividends and Total Shareholder Return Deposit and Lending Market Financial Statements & Key Performance Ratios Glossary of Terms • • • • • • • Appendix
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Acquired entities Means MONETA Stavební Spořitelna, a.s. (formerly Wüstenrot – stavební spořitelna, a.s.) and Wüstenrot hypoteční banka, a.s. Acquisition Means the purchase of the Acquired entities Adjusted cost to income ratio Ratio (expressed as a percentage) of total operating expenses for the period (where contribution to regulatory charges equally spread into four quarters) to total operating income for the period Annual premium equivalent Annual premium equivalent is an equivalent of twelve months written premium on all contracts originated during the period. Annualised Adjusted so as to reflect the relevant rate on the full-year basis ARAD ARAD is a public database that is part of the information service of the Czech National Bank. It is a uniform system of presenting time series of aggregated data for individual statistics and financial market areas Auto MONETA Auto, s.r.o. Average balance of net interest earning assets Two-point average of the beginning and ending balances of Net Interest Earning Assets for the period Average balance of net loans to customers Average of the beginning and ending balances of Loans and receivables to customers for the period Average balance of total assets Two-point average of the beginning and ending balances of Total Assets for the period Bank MONETA Money Bank, a.s. bn Billions bps Basis points Building savings/Building savings deposits Saving product, typical for building savings banks. The Bank undertakes clients’ deposits determined for housing financing. This act is supported by a financial contribution from the state. Building saving loans/Bridging loans Building savings loan provided based on a building savings product. The bridging loan is exclusively in the area of building savings, tied only to housing needs. Bridging loans are used to bridge the period during which the conditions for negotiating a building savings loan are not met. CAR / Capital Adequacy Ratio Ratio calculated as regulatory capital as a percentage of risk-weighted assets CET1 ratio CET 1 capital as a percentage of RWA (calculated pursuant to CRR) CNB Czech National Bank Cost Base / OPEX Total operating expenses 72 GLOSSARY 1/3 Cost of Funds (% Avg Deposits) Interest expense and similar charges for the period (excl. deposit interest rate swaps and opportunistic repo interest expenses) divided by the average balance of Due to banks, Due to customers and issued bonds and subordinated liabilities, excl. opportunistic repo operations and CSA Cost of Funds on Customer Deposits (% Avg Deposits) Interest expense and similar charges on customer deposits for the period divided by the average balance of customer deposits CoR or cost of risk or cost of risk (% Avg Net Customer Loans) Net impairment of financial assets divided by the average balance of net loans to customers since 2018 based on IFRS 9. If cost of risk is shown in CZK, then it corresponds to „Net impairment of financial assets“ Cost to income ratio (C/I) Ratio (expressed as a percentage) of total operating expenses for the period to total operating income for the period CRR Regulation (EU) No. 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No. 648/2012, as amended CSA Credit Support Annex is a legal document which regulates credit support (collateral) for derivative transactions Customer deposits Due to customers excluding repo operations, subordinated liabilities and CSA CZSO Czech Statistical Office Drawn limit / Overdraft drawn Loans and receivables to customer balance ETR / Effective Tax Rate Effective Tax Rate – calculated as taxes on income divided by profit for the period before tax Expected credit loss model The impairment model that measures credit loss allowances using a three-stage approach based on the extent of credit deterioration of financial assets since origination; Stage 1 – financial assets with no significant increase in credit risk since initial recognition, Stage 2 - financial assets with significant increase in credit risk since initial recognition but not in default, Stage 3 – financial assets in default FTE Figure states full time equivalents in the last month of the quarter FVTOCI Financial assets measured at Fair Value Through Other Comprehensive Income FVTPL Financial assets measured at Fair Value Through Profit or Loss
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Net Non-Interest Income Total operating income less net interest and similar income for the period New volume / New production Aggregate of loan principal disbursed in the period for non-revolving loans New volume yield / New production yield Instalment products: model output of yield expected to be generated on newly originated loans based on inputs combining actual contractual terms and expected behaviour of the loan for the specific type of the loan product. Revolving products (credit cards and working capital): weighted average of contractual rate on newly originated loans (credit limit) NPL / Non-performing loans Non-performing loans as determined in accordance with the MONETA´s loan receivables categorisation rules (substandard, doubtful, loss), Stage 3 according to IFRS 9 NPL Ratio Ratio (expressed as a percentage) of NPL to gross loans and receivables to customers NPL Coverage / Coverage / Total NPL Coverage Ratio (expressed as a percentage) of loss allowances for loans and advances to customers to NPL Operating profit Operating profit represents profit for the period before tax and Cost of Risk Opportunistic repo operations Repo transactions with counterparties which are closed on a back-to-back basis by reverse repo transactions with the CNB POCI POCI means purchased or originated financial asset(s) that are credit-impaired on initial recognition and indicates that a financial asset is credit-impaired when one or more events that have a detrimental impact on the estimated future cash flows of that financial asset have occurred Portfolio yield Please refer to the definition of yield pp Percentage points Q Quarter QtD Quarter-to-date QtQ Quarter-to-quarter RAOI All interest and non-interest income generated by each lending product within the segment, minus Cost of Funds allocated to each lending product (by using average Group core Cost of Funds and leverage), minus cost of IR hedging allocated to each lending product and minus credit losses booked on each lending product for the period Regulatory Capital Mainly consists of paid-up registered share capital, share premium, retained profits, disclosed reserves and reserves for general banking risks, which must be netted off against accumulated losses, certain deferred tax assets, certain intangible assets and treasury shares held by the Company (calculated pursuant to CRR) Return on Tangible Equity or RoTE Return on tangible equity calculated as annualised profit after tax for the period divided by tangible equity Retail clients Clients/individuals who have their product signed using their personal identification number Funding Base Sum of Due to customers, Due to Banks, Issued Bonds and subordinated liabilities and excluding opportunistic repo operations and CSA FY Financial year GDP Gross domestic product Group The Bank and its subsidiaries Gross performing loans Performing loans and receivables to customers as determined in accordance with MONETA’s loan receivables categorisation rules (Standard, Watch) Gross written premium Gross written premium is the sum of all monthly premiums collected during the period IDD Insurance Distribution Directive IFRS International Financial Reporting Standards Investment securities Equity and debt securities in the Group´s portfolio, consist of securities measured at amortised cost, fair value through other comprehensive income (FVTOCI) and fair value through profit or loss (FVTPL) k/ths Thousands Leasing MONETA Leasing, s.r.o. Liquid Assets Liquid assets comprise cash and cash balances at the central bank, investment securities (not transferred as collateral in repurchase agreements), loans and receivables to banks LCR/Liquidity Coverage Ratio Liquidity Coverage Ratio measures the ratio (expressed as a percentage) of MONETA’s buffer of high-quality liquid assets to its projected net liquidity outflows over a 30-day stress period, as calculated in accordance with EU Regulation 2015/61 Loan portfolio Gross performing loan portfolio LtD ratio or Loan to Deposit ratio Loan to deposit ratio calculated as net loans and receivables to customers divided by customer deposits, excluding subordinated liabilities, CSA and repos M / m Millions Management overlay Increment to the expected credit loss estimate which compensates insufficient sensitivity of the core IFRS 9 model to specific macroeconomic conditions MONETA MONETA has the same meaning as the Group MREL Minimum Requirement of Own Funds and Eligible Liabilities MSS MONETA Stavební Spořitelna, a.s. (formerly Wüstenrot – stavební spořitelna, a.s.) Net Income/Net Profit Profit for the period after tax Net Interest Earning Assets Cash and cash balances at the central bank, investment securities, loans and receivables to banks, loans and receivables to customers and prior to the transition to IFRS 9 also financial assets at fair value through profit or loss, financial assets available for sale, financial assets held to maturity Net Interest Margin or NIM Net interest and similar income divided by the average balance of net interest earning assets 73 GLOSSARY 2/3
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74 GLOSSARY 3/3 Retail unsecured instalment loans/ Consumer loans/Unsecured consumer loans Non-purpose, unsecured and revolving loans to retail clients; including building savings and bridging loans Return on Average Assets or RoAA Return on average assets calculated as annualised profit after tax for the period divided by the average balance of total assets Return on Equity or RoE Return on equity calculated as annualised profit after tax for the period divided by total equity RWA Risk-Weighted Assets calculated pursuant to CRR RWA density Calculates the weighted average risk weight for the entire banking and trading book (incl. Off-balance & On-balance sheet) plus considering also Operational Risk, Market Risk and Counterparty Credit Risk RWA. It is defined as the Leverage Ratio to the Tier 1 Adequacy Ratio RWA portfolio density Calculates the weighted average risk weight of the loan portfolio only (incl. Off-balance & On-balance sheet) considering credit conversion factor effects per unit of exposure (zero credit conversion factors are substituted by 10%). It is defined as the ratio of RWA to the Net Financing Receivables, i.e. utilising Specific Credit Risk Adjustments Small Business clients Clients or enterprises with an annual turnover of up to CZK 60 million Small Business loan portfolio Loans and receivables of unsecured instalment loans, commercial credit cards and unsecured overdrafts provided to an enterprise with an annual turnover of up to CZK 60 million Small Business (new) production New volume of unsecured instalment loans and receivables to Small Business customers SME / SME clients Clients or enterprises who have their product on an identification number with an annual turnover above CZK 60 million SREP Supervisory Review and Evaluation Process, when the supervisor regularly assesses and measures the risks for each bank Stage 1, Stage 2, Stage 3 Stage 1 – financial assets with no significant increase in credit risk since initial recognition, Stage 2 - financial assets with significant increase in credit risk since initial recognition but not in default, Stage 3 – financial assets in default Supplementary housing loans MSS portfolio – retail bridging loans and building savings loans. Tangible Equity Calculated as total equity less intangible assets and goodwill Tier 1 Capital The aggregate of Common equity tier 1 (CET1 Capital) and Additional Tier 1 which mainly consists of capital instruments and other items (including certain unsecured subordinated debt instruments without a maturity date) provided in Art. 51 of CRR Tier 1 Capital Ratio Tier 1 Capital as a percentage of risk-weighted assets Tier 2 Capital, T2 Regulatory Capital which consists of capital instruments, subordinated loans and other items (including certain unsecured subordinated debt obligations with payment restrictions) provided in Art. 62 of CRR Total Capital Ratio Tier 1 Capital and Tier 2 Capital as a percentage of risk-weighted assets Total NPL Coverage Ratio (expressed as a percentage) of individual and portfolio provisions for loans and receivables to total non-performing loans and receivables Total Shareholder Return/TSR Total Shareholder Return based on the Bloomberg methodology including reinvested dividend Wealth management Distributed wealth management products Y Year Yield (% Avg. Net Customer Loans) Interest and similar income from loans to customers divided by the average balance of net loans to customers YoY Year-on-year YtD Year to date
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75 Disclaimer and other information • THIS PRESENTATION IS NOT AN OFFER OR A SOLICITATION OF OFFERS TO SELL, PURCHASE OR SUBSCRIBE FOR SHARES OF MONETA MONEY BANK, A.S. (THE “COMPANY”), OTHER SECURITIES OR OTHER FINANCIAL INSTRUMENTS. • Copies of this presentation may not be sent to countries, or distributed in or sent from countries, in which this is barred or prohibited by law. Persons into whose possession this presentation comes should inform themselves about and observe all such restrictions. Any failure to comply with these restrictions may constitute a violation of the laws of any such jurisdiction. This document does not constitute a recommendation regarding any securities. • The Company is under no obligation to update or keep current the information contained in this presentation, to correct any inaccuracies which may become apparent, or to publicly announce the result of any revision to the statements made herein, except to the extent it would be required to do so under applicable law or regulation. • Certain industry and market information in this presentation has been obtained by the Company from third-party sources. The Company has not independently verified such information and neither the Company nor any of its representatives provide any assurance as to and shall not be liable in any respect whatsoever (whether in negligence or otherwise) for the correctness, accuracy, fairness or completeness of such information or opinions contained in this presentation. • The Company was rated A2 with a stable outlook by Moody’s Deutschland GmbH (“Moody’s”). Moody’s was established in the European Union and is registered under Regulation (EC) No. 1060/2009, as amended (the “CRA Regulation”). As such, Moody’s is included in the list of credit rating agencies published by the European Securities and Markets Authority on its website (https://www.esma.europa.eu/supervision/credit-rating-agencies/risk) in accordance with the CRA Regulation. When selecting the rating agency, the Company proceeded in accordance with the obligations laid down in Article 8d of the CRA Regulation. • Figures in charts and tables may not add up due to rounding differences. Forward-looking statements • This presentation and subsequent discussion may contain projections, estimates, forecasts, targets, opinions, prospects, results, returns and forward-looking statements with respect to the management’s medium-term guidance, profitability, costs, assets, capital position, financial condition, results of operations, dividend and business of the Group (together, “forward-looking statements”). The forward-looking statements assume purely organic growth without regard to any potential acquisition. • Any forward-looking statements involve material assumptions and subjective judgements which may or may not prove to be correct and there can be no assurance that any of the matters set out in forward-looking statements will actually occur or will be realised or that such matters are complete or accurate. The assumptions may prove to be incorrect and involve known and unknown risks, uncertainties, contingencies and other important factors, many of which are outside the control of the Group. Actual achievements, results, performance or other future events or conditions may differ materially from those stated, implied and/or reflected in any forward-looking statements due to a variety of risks, uncertainties and other factors. Any forward-looking statement contained in this presentation is made as of the date of this presentation. MONETA Money Bank, a.s. does not assume, and hereby disclaims, any obligation or duty to update forward-looking statements if circumstances or management’s assumptions, beliefs, expectations or opinions should change, unless it would be required to do so under applicable law or regulation. For these reasons, recipients should not place reliance on, and are cautioned about relying on, any forward-looking statements. Material assumptions for forward-looking statements • See slide “Material assumptions for medium-term guidance” on pages 49 and 50.
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76 Contacts INVESTOR RELATIONS MONETA Money Bank, a.s. BB Centrum, Vyskočilova 1442/1b 140 28 Praha 4 – Michle Tel: +420 224 442 549 i nvestors@moneta.cz www.moneta.cz Identification number: 25672720 Bloomberg: MONET CP ISIN: CZ0008040318 Reuters: MONET.PR SEDOL: BD3CQ16 Linda Kavanová Jarmila Valentová Dana Laštovková