Erste Bank Polska S.a. · GPW:EBP
Erste Bank Polska — Q1 2025 Earnings Presentation
35 slides from Erste Bank Polska's earnings presentation, Apr 30, 2025
Slide 1: Financial results of Santander Bank Polska Group for 1Q 2025
Investor Relations Warsaw 30/04/2025 Financial results of Santander Bank Polska Group for 1Q 2025
Slide 2: Agenda
Index Agenda Results 1. Our activities and our people 2. Our business development 3. Our customers 4. Our financial results More information 5. Attachments 2
Slide 3: Our activities and our people
Our activities and our people 01
Slide 4: Our communication
01 | Marketing Our communication Digital & Social media initiatives Our social media now include 9 profiles on 5 platforms (Facebook, Instagram, At Santander Bank Polska we have been close to our customers. We support our customers Tik Tok, YouTube, LinkedIn). They have gathered a total of 500 thous
Slide 5: Our people
01 | Our activities and our people Our people Improving employee experience Occupational Health & Safety and Wellbeing ▪ In March 2025, an employee engagement survey was launched across the Santander Group. In ▪ We have published an industry report entitled “Prospects for the development of occupati
Slide 6: Our business development
Our business development 02
Slide 7: General operational data and key volumes
02 | Results for 1Q 2025 – Our business development General operational data Key volumes SBP* SCB** Gross loans 182bn 12.8% +8%YoY Branches 309* 33** Deposits 237bn 11.2% +13%YoY Employment 10.0k 1.3k Customer funds 262bn Customers 6.0m 1.4m +13%YoY Digital Customers 3.8m 702k Assets 314bn +12% YoY
Slide 8: Key financial results and financial ratios
02 | Results for 1Q 2025 – Our business development Key financial results Financial ratios Key results Capital position ROE, ROA PLN 3 598m PLN 748m PLN 4 433m PLN 1 734m Strong capital position, well above the KNF requirements +6% YoY +3% YoY +7% YoY +11% YoY +4% on comparative basis* Net interest
Slide 9: Our customers
Our customers 03
Slide 10: Our customers in numbers
03 | Results for 1Q 2025 – Our customers Our customers in numbers* Retail customers SME customers Corporate customers 5.5m customers +3% YoY 557k customers +10% YoY 415k customers +19% YoY 27.6k customers 0% YoY 3.4m digital 401k digital +7% YoY +8% YoY 22.3k Digital customers customers +2% YoY cust
Slide 11: New products and services
03 | Results for 1Q 2025 – Our customers New products and services Retail customers SME customers Corporate customers ▪ We have launched a special offer of Visa Platinum credit ▪ We have introduced special lending offers: ▪ We have successfully migrated all our cards with Select account (including s
Slide 12: Education and support for customers
03 | Results for 1Q 2025 – Our customers Education and support for customers Retail Customers SME Customers BCB customers ▪ We have improved our mobile app with new options, ▪ We have started the second edition of “About ▪ We support our clients in using the support of the European Funds such as set
Slide 13: Selected business data
03 | Results for 1Q 2025 – Our customers Selected business data Retail customers SME Customers BCB customers CIB Customers 4.8m +19% YoY 20.4k +15% +14% YoY +12% YoY +23% YoY +17% YoY Personal Select segment Business Customers Number of Income on eFX Income from accounts customers accounts acquisiti
Slide 14: Our financial performance
Our financial performance 04
Slide 15: Gross loans
04 | Results for 1Q 2025 – Our financial performance Gross loans Comment Gross loans PLN m +8% Structure of loans Santander Bank Polska S.A. The loan portfolio increased by 9% YoY and 177 975 180 346 181 527 ◼ 168 444 174 345 remained flat QoQ. 11% ◼ Mortgage loan sales in Q1’25: -63% vs. Q1’24; 29%
Slide 16: Customer funds
04 | Results for 1Q 2025 – Our financial performance Customer funds Comment Deposits Deposits PLN m and term funding Santander Bank Polska Group +13% ◼ Customer funds +13% YoY and +2% QoQ. 232 029 237 079 7% 5% 210 308 215 235 217 770 Deposits SBP Group 33% 11% 104 264 105 517 ◼ Retail deposits +10%
Slide 17: Net interest income and net interest margin
04 | Results for 1Q 2025 – Our financial performance Net interest income and net interest margin Net interest income PLN m Comment 3 625 3 598 3 387 3 576 ◼ In Q1 2025, net interest income totalled PLN 3.6bn and 3 285 371 419 424 422 391 increased by 6% YoY. In Q1 2025 alone, net interest income dec
Slide 18: Net fee and commission income
04 | Results for 1Q 2025 – Our financial performance Net fee and commission income Comment Net fee and commission income PLN m ◼ In Q1 2025, the commission income amounted 729 727 727 726 748 to PLN 748 million and increased by 3% YoY and 47 38 25 20 36 109 111 118 128 by 3% compared to the previous
Slide 19: Income
04 | Results for 1Q 2025 – Our financial performance Income Comment Income PLN m ◼ The Group's total income in Q1’25 amounted to PLN 4 431 4 433 4.4bn and increased by 7% YoY while on quarterly 4 152 4 417 4 132 113 80 87 basis it increased slightly. 36 119 727 726 748 729 727 Net Interest Income ◼
Slide 20: Operating expenses
04 | Results for 1Q 2025 – Our financial performance Operating expenses Comment Operating expenses ◼ Total costs in Q1’25 amounted to PLN 1.5bn and increased PLN m by 14% YoY. This is mostly the result of a higher BFG contributions - PLN 306m in Q1’25 compared to PLN 206m 1 542 in Q1’. 1 353 1 253 5
Slide 21: Provisions and credit portfolio quality
04 | Results for 1Q 2025 – Our financial performance Provisions and credit portfolio quality Cost of credit NPL and NPL coverage ratio 4.8% 0.70% 0.70% 0.69% 4.6% 4.5% 0.58% 0.57% 4.4% 4.3% Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 31.03.2024 30.06.2024 30.09.2024 31.12.2024 31.03.2025 Net provisions
Slide 22: Banking tax and regulatory costs, NPL sales
04 | Results for 1Q 2025 – Our financial performance Banking tax and regulatory costs NPL sales Amounts payable to the BGF, PFSA, KDPW, IPS and BSF PLN m NPL sales PLN m SBP SCB 524 307 219 203 189 318 81 120 107 218 54 13 10 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1
Slide 23: Results for Q1 2025
04 | Results for 1Q 2025 – Our financial performance Results for 2024 Results for 2024 Comment PLN m Q1 2025 Q1 2024 YoY (%) ▪ Net profit in Q1 totalled PLN 1.7bn. Net interest and fee income 4 346 4 116 6% On comparable basis, it increased by 4% YoY. Gross income 4 433 4 152 7% Total costs -1 542 -
Slide 24: Attachments
Attachments 05
Slide 25: Retail Banking - growth in lending activity
05 | Attachments Retail Banking - growth in lending activity mln PLN Cash loans portfolio (gross) Mortgage loans and advances portfolio (gross) SME financing portfolio (Loans & Leasing) (gross) ◼ PLN mortgage loans portfolio +5% YoY ◼ FX mortgage loans portfolio: -59% YoY +8% +4.5% +2.5% 54 672 54 7
Slide 26: Santander Leasing
05 | Attachments Santander Leasing Portfolio PLNm ▪ Leasing portfolio: PLN 15.7bn, +10% YoY +10% ▪ A very good quarter in terms of financing green investments – an increase of 33% YoY, investments value PLN: 215m 15 534 15 724 ▪ Dynamics of financing clients from the SME segment +7% YoY 15 190 14 88
Slide 27: Santander Factoring
05 | Attachments Santander Factoring Portfolio PLNm +20% Market share 8 842 18% 8 436 8 704 7 398 7 819 * Data as at 31/03/2025 31.03.2024 31.06.2024 30.09.2024 31.12.2024 31.03.2025 ◼ Santander Factoring was the market leader in terms of the balance sheet Turnover cumulatively +16% in Q1 2025 , inc
Slide 28: Capital and liquidity position
05 | Attachments Capital and liquidity position Santander Bank 18.10% 17.26% 17.89% 16.67% Santander Bank Polska S.A. Polska Group L/D ratio Capital ratios 73.19% 73.70% 74.40% 70.60% 69.53% CAR TIER 1 31.03.2025 31.03.2024 31.03.2024 30.06.2024 30.09.2024 31.12.2024 31.03.2025 Santander Bank Santan
Slide 29: Regulatory requirements regarding own funds and eligible liabilities – TLAC/MREL
Regulatory requirements regarding own funds and eligible liabilities – TLAC/MREL MREL TLAC ▪ On 9 May 2024, the Bank was notified by the ▪ In accordance with Article 92a of the CRR, the minimum TLAC requirement is 18% of total risk exposure amount (TREA) and 6.75% of Bank Guarantee Fund of the targe
Slide 30: Key financial ratios
05 | Attachments Key financial ratios Santander Bank Polska Group 1Q 2025 1Q 2024 Cost/ income 34.8% 32.6% Net interest income/ total income 81.2% 81.6% Net interest margin 1) 5.14% 5.38% Net fee and commission income/ total income 16.9% 17.5% Net loans and advances to customers/ deposits from custo
Slide 31: Key financial ratios - definitions
05 | Attachments Key financial ratios 1. Net interest income annualised on a year-to-date basis (excluding interest income from the portfolio of debt securities held for trading and other exposures related to trading) to average net earning assets as at the end of consecutive quarters after the end
Slide 32: Santander Consumer Bank Group - Loans
05 | Attachments Santander Consumer Bank Group Loans PLN m Gross loans 19 697 20 168 20 272 20 569 18 390 31.03.2025 31.03.2024 r/r (%) kw./kw. (%) 865 855 707 691 1 212 7 298 7 350 7 303 7 526 Retail customers 13 042 12 440 5% 1% 5 950 Hipoteczne 11 963 12 262 12 351 Mortgage loans 691 1 212 -43% -
Slide 33: Santander Consumer Bank Group - Key financial results
05 | Attachments Santander Consumer Bank Group Key financial results 1Q 2025 1Q 2024 Assets 26 249 23 375 Net Loans 19 121 16 959 Deposits 16 186 13 710 Total equity 4 426 4 443 Net profit 91 43 L/D (%) 118.1% 123.7% C/I (%)* 44.6% 62.5% ROE (%) 8.4% 3.9% ROA (%) 1.4% 0.7% CAR (%) 45.5% 34.3% CHF im
Slide 34: Thank You.
Thank You. Contact details Our purpose is to help people and business prosper. Maciej Reluga CFO, Chief Economist Our culture is based on believing maciej.reluga@santander.pl that everything we do should be: Agnieszka Dowżycka Head of Investor Relations agnieszka.dowzycka@santander.pl
Slide 35: Disclaimer
Disclaimer 1. This presentation may contain forward-looking statements including, without limitation, statements concerning future business development and financial performance. These forward-looking statements: ▪ represent our judgment and future expectations concerning the development of our busi