Business
Moneta Money Bank : Semi-annual presentation for 1H 2025, consolidated
Moneta Money Bank : Semi-annual presentation for 1H 2025,
About this update from Moneta Money Bank As
[{"type":"text","content":"\n \n 1H 2025 Results\n \n \n Published on 24 July 2025 at 07:00 CET\n \n \n According to IFRS, Consolidated, Unaudited\n \n \n \n MANDATORY DISCLOSURE / PUBLIC DISCLOSURE OF MANDATORY INFORMATION\n Operating income\n 6.8bn\n +9.1%\n Operating expenses\n 2.9bn\n stable\n Net profit\n 3.1bn\n +14.4%\n Key highlights\n \n \n (in CZK)\n \n \n Operating income of CZK 6.8 billion (+9.1%) driven by growth in both net interest income (+13.7%) and net fee and commission income (+11.7%)\n Operating expenses kept stable at\n Funding base\n 462bn\n +4.2%\n CZK 2.9 billion (+1.2%) resulting in adjusted\n Total assets\n 503bn\n +4.0%\n Loan portfolio2\n 284bn\n +4.4%\n cost to income ratio 40.9%1\n Net profit of CZK 3.1 billion (+14.4%) on track to deliver and potentially outperform market guidance by CZK 300-400 million\n \n \n Total balance sheet reached CZK 503 billion (+4.0%), supported by expansion of funding base (+4.2%) and loan portfolio growth (+4.4%)\n Note: Percentage change represents movement compared to 1H 2024. (1) Reported cost to income ratio at 42.3%; (2) Gross performing portfolio.\n Capital adequacy ratio\n 18.5%\n Excess 3.3pp\n RWA\n density\n 33.3%\n (2.1)pp\n MREL\n ratio\n 27.8%\n Excess 5.5pp\n Key highlights\n \n \n (in CZK)\n \n \n Capital adequacy ratio at 18.5%, excess of CZK 5.5 billion or 3.3pp above the capital management target1\n MREL ratio at 27.8%, comfortably above the management target of 22.4%\n Excess capital1\n 5.5bn\n CZK 10.8 per share\n Return on Tangible Equity\n 23.4%\n +3.4pp\n Liquidity coverage ratio\n 339%\n stable\n Return on Tangible Equity at 23.4% (+3.4pp) well above the minimum guidance of 20%\n \n \n Liquidity position maintained strong with LCR at 339% (0.5pp), supported by continued deposit growth\n Note: The percentage and percentage points represent the year-on-year change. (1) Capital management target of 15.25% as at 30 June 2025.\n \n \n \n Lending growth\n Aiming at overall lending growth of 5.5−6.0%, more than double the GDP growth of the Czech Republic. Focusing on lending to small business and SME to maximise margins and minimise capital deployment, as reflected in a commercial book growth of 8.7% YoY in June. The retail segment grew by 2.3% YoY.\n Deposit growth\n Seeking to deliver customer deposit base growth of 2.0−2.5%, while further decreasing cost of funding. In June ...