Education
About Us
Working with TipRanks
Follow Us
Erste Group Bank (EBKOF)
OTHER OTC:EBKOF
Earnings Data
Report Date
Aug 01, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
2.03Last Year’s EPS
2.09Same Quarter Last Year
Moderate Buy
Based on 8 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Apr 30, 2025
|% Change Since: 18.84%
|Next Earnings Date:Aug 01, 2025
Earnings Call Sentiment|Neutral
The earnings call reflects strong financial performance in terms of equity returns, fee income growth, asset quality, and digital platform success. However, challenges are noted with net interest income pressure, higher banking taxes, and potential risks from M&A activity. Despite these lowlights, the sentiment leans towards confidence in achieving financial goals for the year.Company Guidance
In the first quarter of 2025, Erste Group reported strong financial results, despite a slight year-on-year revenue growth driven primarily by core income, particularly net interest income and fees. Operating expenses rose in line with guidance, resulting in a 3-point trailing operating result compared to last year, with an efficiency ratio of 48%, well within full-year guidance. The bank upgraded its fee guidance, now expecting fees to increase by more than 5% rather than about 5%. Loan growth topped 5% annually for the first time in nearly two years, with customer loans growing by 0.9% year-to-date. The group maintained a robust asset quality with the NPL ratio improving to 2.5% and an NPL coverage ratio that edged up by 2 percentage points. The CET1 ratio stood at 16.2% pro forma, reflecting strong capital generation and Basel IV implementation benefits. The bank remains on track to achieve its financial goals for the year, including a return on tangible equity north of its 15% target.Strong Financial Results
Financial results remained strong with return on tangible equity already above the 15% target for 2025. Operating expenses were up in line with guidance, and the first quarter performance shows confidence in achieving financial goals for the full year.
Fee Income Growth
Fee income growth was upgraded to more than 5% for 2025, driven by strong performance in payments and securities, particularly in the Czech Republic.
Asset Quality Improvement
Asset quality improved with the NPL ratio at 2.5% and NPL coverage ratio edging up by 2 percentage points. Austria showed signs of improvement as defaults seemed to have peaked.
Loan and Deposit Growth
Customer loans grew by 0.9% year-to-date and 5% year-on-year. Customer deposits grew by 1.9% year-to-date and 4.6% year-on-year, with a balanced growth across assets and liabilities.
Digital Platform Success
George, the digital retail platform, has onboarded 11 million customers and contributed significantly to a digital sales ratio of more than 60%.
EBKOF 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
EBKOF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 30, 2025 | $70.13 | $69.04 | -1.55% |
Feb 28, 2025 | $70.76 | $67.04 | -5.26% |
Oct 31, 2024 | $51.09 | $54.31 | +6.30% |
Aug 02, 2024 | $50.20 | $48.39 | -3.61% |
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 (EBKOF) report earnings?
Erste Group Bank (EBKOF) is schdueled to report earning on Aug 01, 2025, TBA Not Confirmed.
What is Erste Group Bank (EBKOF) earnings time?
Erste Group Bank (EBKOF) 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 EBKOF EPS forecast?
EBKOF EPS forecast for the fiscal quarter 2025 (Q2) is 2.03.