Austria · Delayed Price · Currency is EUR Addiko Bank AG Earnings Call Transcripts
Fiscal Year 2025
-
Net profit reached EUR 44 million in 2025, with strong growth in consumer and SME lending despite regulatory headwinds and cost pressures. Capital and liquidity remain robust, but dividend payments are suspended pending shareholder structure resolution.
-
Record Q3 operating results and stable net banking income were achieved despite regulatory and competitive pressures. Regulatory changes across several countries are expected to impact revenue by over EUR 10 million, but mitigation strategies and digital initiatives are underway.
-
Net profit for H1 2025 was EUR 24 million, with strong consumer lending growth offsetting lower net interest income and SME challenges. Guidance for 2025 was revised downward due to regulatory and market pressures, but capital and liquidity remain robust.
-
Q1 2025 net profit was EUR 14.5 million, with strong consumer lending growth offsetting lower interest income and continued SME weakness. Capital and liquidity remain robust, but regulatory and competitive pressures persist, especially in SME and fee income.
Fiscal Year 2024
-
Net profit rose 10% to EUR 45.4 million in 2024, with strong consumer lending growth and a robust capital position. Dividend is suspended per ECB, while digital expansion and risk management improvements continue. Outlook targets above 7% loan growth CAGR and stable asset quality.
-
Net profit rose 25% year-over-year to €37.7 million, driven by strong consumer lending and improved operating results, while SME growth remained muted. Capital and liquidity positions are robust, but regulatory and shareholder uncertainties, as well as lower rate forecasts, may impact future targets.
-
Net profit rose 31% year-over-year to EUR 25.5 million, driven by strong consumer lending and digital growth, while SME growth slowed. Two takeover offers are ongoing, with management recommending the improved NLB offer. CET1 ratio remains robust at 20.4%.