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Erste Group Bank AG (EBKDY)
OTHER OTC:EBKDY
Earnings Data
Report Date
Aug 01, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
1.02Last Year’s EPS
1.02Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Apr 30, 2025
|% Change Since: 14.12%
|Next Earnings Date:Aug 01, 2025
Earnings Call Sentiment|Neutral
Erste Group demonstrated strong financial performance with improvements in asset quality and a solid capital position allowing for strategic flexibility. However, challenges such as net interest income pressure, higher banking taxes, and uncertainties surrounding a potential Polish acquisition present notable concerns.Company Guidance
During the Erste Group's First Quarter 2025 Results Conference Call, the management provided a comprehensive update on the financial performance and strategic priorities. The group reported a slight year-on-year revenue growth driven primarily by core income from net interest income and fees, despite a 3% decline in operating results compared to the previous year. The efficiency ratio stood at 48%, aligning with the full-year guidance. The group upgraded its fee income growth forecast from about 5% to more than 5%, showing confidence in achieving its financial goals. Net interest margin was projected around 2.4%, with potential adjustments due to falling market interest rates. The CET1 capital ratio was reported at 15.9%, with a pro forma ratio of 16.2%, reflecting strong internal capital generation and Basel IV implementation benefits. The group also discussed a potential acquisition of a 49% stake in Santander Bank Polska, emphasizing the requirement for the transaction to enhance profitability, EPS accretion, and ROE. If no acquisition occurs by the end of the year, Erste Group plans to focus on aggressive capital distribution, maintaining CET1 levels not exceeding 16%.Strong Financial Results
Erste Group's financial results remained strong despite uncertainties, with quality revenue growth driven by core income such as net interest income and fees. Operating expenses were in line with guidance, and the efficiency ratio was at 48%, well within full-year guidance.
Loan and Deposit Growth
Customer loans grew by 5% year-over-year, with notable growth in the Czech Republic and Croatia. Customer deposits increased by 4.6% year-over-year, with core retail and SME deposits showing strength.
Improved Asset Quality
Asset quality improved with the NPL ratio decreasing to 2.5% and NPL coverage ratio increasing. The Austrian segment showed signs of improvement, with fewer defaults compared to the previous year.
Capital Position and Deployment Options
The CET1 ratio improved to 16.2% pro forma, with a positive impact from Basel IV implementation. The group plans not to operate with a CET1 ratio above 16% by year-end, indicating potential for capital deployment through M&A or increased distributions.
EBKDY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
EBKDY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 30, 2025 | $35.12 | $33.79 | -3.79% |
Feb 28, 2025 | $36.09 | $33.61 | -6.87% |
Oct 31, 2024 | $26.52 | $28.09 | +5.92% |
Aug 02, 2024 | $25.04 | $24.29 | -3.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Erste Group Bank AG (EBKDY) report earnings?
Erste Group Bank AG (EBKDY) is schdueled to report earning on Aug 01, 2025, TBA Not Confirmed.
What is Erste Group Bank AG (EBKDY) earnings time?
Erste Group Bank AG (EBKDY) earnings time is at Aug 01, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is EBKDY EPS forecast?
EBKDY EPS forecast for the fiscal quarter 2025 (Q2) is 1.02.