Erste Group Bank Ag · VIE:EBS
Erste Group Bank — Q3 2025 Earnings Presentation
49 slides from Erste Group Bank's earnings presentation, Oct 31, 2025
Slide 1: Q3 25 results presentation
Q3 25 results presentation Vienna, 31 October 2025 Strong operating performance drives continued capital build Peter Bosek, CEO Erste Group Stefan Dörfler, CFO Erste Group Alexandra Habeler-Drabek, CRO Erste Group
Slide 2: Cautionary note regarding forward-looking statements
DISCLAIMER Cautionary note regarding forward-looking statements THE INFORMATION CONTAINED IN THIS DOCUMENT HAS NOT BEEN INDEPENDENTLY VERIFIED AND NO REPRESENTATION OR WARRANTY EXPRESSED OR IMPLIED IS MADE AS TO, AND NO RELIANCE SHOULD BE PLACED ON, THE FAIRNESS, ACCURACY, COMPLETENESS OR CORRECTNES
Slide 3: Presentation topics
PRESENTATION TOPICS EXECUTIVE SUMMARY MACROECONOMIC AND BUSINESS UPDATE OPERATING TRENDS WHOLESALE FUNDING AND CAPITAL FINANCIAL OUTLOOK APPENDIX Page 3
Slide 4: Revenue growth drives strong profitability
EXECUTIVE SUMMARY: P&L PERFORMANCE Revenue growth drives strong profitability QoQ net profit development YTD net profit development in EUR m in EUR m +2.0% -2.2% 268 259 1 2,566 2,516 56 52 40 2 107 90 921 17 1 901 16 Q2 25 Operating Operating Risk costs Other Taxes on Minorities Q3 25 1-9 24 Operat
Slide 5: Excellent P&L indicators
EXECUTIVE SUMMARY: P&L DASHBOARD Excellent P&L indicators Net interest margin Cost/income ratio Risk cost ratio in % in % in bps G25: ~48% G25: ~20 bps 2.45 2.46 2.43 2.41 34 2.33 24 51.4 16 15 17 48.0 47.5 46.7 45.1 Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 Q3 24 Q4 24 Q1 25 Q
Slide 6: Healthy customer volume growth continues
EXECUTIVE SUMMARY: BALANCE SHEET PERFORMANCE Healthy customer volume growth continues YTD total asset development YTD equity & total liability development in EUR bn in EUR bn +2.6% 362.9 362.9 0.0 0.5 3.0 0.7 3.9 9.9 353.7 0.7 353.7 1.4 5.4 6.2 0.2 3.0 31/12/24 Cash Trading, Loans to Net loans Intan
Slide 7: Strong balance sheet metrics
EXECUTIVE SUMMARY: BALANCE SHEET DASHBOARD Strong balance sheet metrics Loan/deposit ratio Loan & deposit growth Asset quality in % yoy, in % in % 78.7 74.6 73.6 73.7 G25: >5% 72.5 92.0 90.2 90.1 6.8 89.0 89.4 5.8 6.0 4.9 2.6 3.5 2.4 2.5 2.5 2.5 4.6 3.8 3.4 3.4 1.7 Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 Q3
Slide 8: Presentation topics
PRESENTATION TOPICS EXECUTIVE SUMMARY MACROECONOMIC AND BUSINESS UPDATE OPERATING TRENDS WHOLESALE FUNDING AND CAPITAL FINANCIAL OUTLOOK APPENDIX Page 8
Slide 9: CEE growing moderately in 2025, to accelerate in 2026
MACROECONOMIC AND BUSINESS UPDATE: ECONOMIC FORECASTS * CEE growing moderately in 2025, to accelerate in 2026 Real GDP growth Consumer price inflation Unemployment rate 2025 in % avg, in % avg, in % 2026 7.3 8.7 8.4 4.3 6.5 5.9 3.0 2.7 2.7 5.7 2.3 2.2 2.1 2.3 4.6 5.4 5.2 5.3 5.7 3.4 4.0 3.5 4.0 3.8
Slide 10: Retail loan growth accelerates further
MACROECONOMIC AND BUSINESS UPDATE: RETAIL BUSINESS Retail loan growth accelerates further Retail loan demand accelerates noticeably Gross retail loans by product * − Housing finance volumes increase across the group (+2.5% qoq, +7.0% yoy) as customer demand is supported by lower rates in EUR bn +7.4
Slide 11: Large corporate business enjoys strong volume growth
MACROECONOMIC AND BUSINESS UPDATE: CORPORATES & MARKETS BUSINESS Large corporate business enjoys strong volume growth Loan growth in wholesale business continues Net loan stock of Corporate segment − Growth impulses since YE 24 primarily from Large Corporates across the region, most pronounced in in
Slide 12: Presentation topics
PRESENTATION TOPICS EXECUTIVE SUMMARY MACROECONOMIC AND BUSINESS UPDATE OPERATING TRENDS WHOLESALE FUNDING AND CAPITAL FINANCIAL OUTLOOK APPENDIX Page 12
Slide 13: Broadening loan growth dynamics
OPERATING TRENDS: NET LOAN STOCK AND GROWTH Broadening loan growth dynamics Net loan stock Growth rates Strong retail and large corporate performance − Yoy growth strong across the board, but more pronounced in Retail 213.5 1.8% than in Corporate segment, up 8.7% vs 6.9%, with retail growth Group 22
Slide 14: Good deposit growth dynamics in retail business
OPERATING TRENDS: CUSTOMER DEPOSIT STOCK AND GROWTH Good deposit growth dynamics in retail business Customer deposits Growth rates Erste Group’s favourable deposit mix is a key competitive advantage – overweight retail, sight, LCY deposits 239.7 -0.3% Group 248.5 3.4% 247.8 Key Q3 25 deposit drivers
Slide 15: NII at new quarterly best, NIM stable = guidance upgrade
OPERATING TRENDS: NET INTEREST INCOME (NII) AND NET INTEREST MARGIN (NIM) NII at new quarterly best, NIM stable = guidance upgrade Net interest income Net interest margin NII on the rise again − NII up 3.7% yoy, with increase driven by strong performance across 1,903 CEE, partly offset by moderating
Slide 16: Fees post quarterly record
OPERATING TRENDS: NET FEE AND COMMISSION INCOME Fees post quarterly record Net fee income by segment Net fee income by fee type in EUR m in EUR m +8.6% +4.8% 780 780 798 780 780 798 762 762 27 735 34 7 33 7 38 8 735 19 31 23 35 7 23 23 18 35 7 84 83 92 26 72 23 67 87 Other 23 67 69 78 67 31 44 61 59
Slide 17: Operating expenses flat qoq, up yoy on higher personnel and IT costs
OPERATING TRENDS: OPERATING EXPENSES Operating expenses flat qoq, up yoy on higher personnel and IT costs Operating expenses by segment Operating expenses by type in EUR m in EUR m +8.0% +0.1% 1,470 1,470 102 1,345 1,361 1,362 1,345 1,361 1,362 Residual other admin 30 176 1,262 53 66 23 64 25 77 25
Slide 18: Upgrade of 2025 operating efficiency outlook
OPERATING TRENDS: OPERATING RESULT AND COST/INCOME RATIO (CIR) Upgrade of 2025 operating efficiency outlook Operating result Cost/income ratio in EUR m in % +1.3% 1,536 1,556 80 18 1,390 1,458 1,505 10 24 Other 16 81 16 143 72 7 69 71 16 138 RS 109 122 143 122 118 137 HR 119 123 168 175 159 HU G25:
Slide 19: Moderate risk cost trend continues
OPERATING TRENDS: CREDIT RISK/RISK COSTS Moderate risk cost trend continues Risk costs by segment * Risk cost ratio * in EUR m in bps 186 78 86 G25: ~20 bps Other 136 97 RS 85 HR HU 18 34 SK 15 9 6 RO 24 CZ 16 15 17 AT/OA AT/SB AT/EBOe 2020 2021 2022 2023 2024 Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 Q3 24 Q4
Slide 20: Asset quality remains strong across footprint
OPERATING TRENDS: CREDIT RISK/ASSET QUALITY Asset quality remains strong across footprint NPL ratio NPL coverage ratio NPL ratio and NPL coverage (exc collateral) stable − Fewer defaults result in lower NPL inflows year-to-date 2.4 in % 78.7 in % − AT/OA: benefitting from high level of recoveries Gr
Slide 21: Other result (again) benefits from positive one-off
OPERATING TRENDS: OTHER RESULT Other result (again) benefits from positive one-off Other result by segment Other result by accounting categories in EUR m in EUR m Other RS HR 0 0 HU 0 0 -15 SK -59 -76 RO -87 CZ -57 -8 -121 -25 -57 -51 AT/OA -8 -25 AT/SB AT/EBOe -190 -193 -193 -190 Q3 24 Q4 24 Q1 25
Slide 22: 2025 ROTE guidance confirmed at >15%
OPERATING TRENDS: NET RESULT, EARNINGS PER SHARE (EPS) & RETURN ON TANGIBLE EQUITY (ROTE) 2025 ROTE guidance confirmed at >15% Net result by segment EPS & ROTE in EUR m in EUR +1.7% 886 921 901 19.5% Other 18.0% 17.1% 743 609 RS 15.2% HR 11.4% HU SK 2.14 2.11 2.20 RO 1.82 CZ 1.33 AT/OA AT/SB AT/EBOe
Slide 23: Presentation topics
PRESENTATION TOPICS EXECUTIVE SUMMARY MACROECONOMIC AND BUSINESS UPDATE OPERATING TRENDS WHOLESALE FUNDING AND CAPITAL FINANCIAL OUTLOOK APPENDIX Page 23
Slide 24: Vast retail deposit base provides competitive funding advantage
WHOLESALE FUNDING AND CAPITAL: ISSUED DEBT AND INTERBANK FUNDING Vast retail deposit base provides competitive funding advantage Liabilities and equity Debt securities Interbank deposits Comments in EUR bn in EUR bn in EUR bn Highly granular and well- diversified Retail & SME 353.7 362.9 deposit bas
Slide 25: 2025 funding targets already fulfilled
WHOLESALE FUNDING AND CAPITAL: LONG TERM FUNDING 2025 funding targets already fulfilled Maturity profile of debt 9.3 in EUR bn 7.6 6.5 5.9 5.9 3.4 2.1 1.6 1.3 1.2 1.0 1.0 0.1 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037+ Debt CEE & EBOe Tier 2 Covered bonds Senior non-preferred b
Slide 26: Fast capital build, efficient RWA management
WHOLESALE FUNDING AND CAPITAL: CAPITAL AND RISK-WEIGHTED ASSETS (RWA) Fast capital build, efficient RWA management Basel 3 capital (phased-in) Risk-weighted assets (phased-in) in EUR bn in EUR bn -3.9% 154.8 157.2 152.6 151.6 151.1 7.4 6.6 5.4 6.1 5.0 16.3 16.7 21.1 21.1 +12.4% 21.1 34.5 34.8 29.9 3
Slide 27: Pro forma CET 1 ratio at 18.2%
WHOLESALE FUNDING AND CAPITAL: COMMON EQUITY TIER 1 (CET1), TIER 1 AND TOTAL CAPITAL RATIOS Pro forma CET 1 ratio at 18.2% CET 1 ratio development (pro-forma) Basel 3 capital ratios (reported, phased-in) in % in % 23.0 18.19 22.6 0.19 0.11 0.13 0.05 0.24 0.45 20.7 19.7 19.9 19.8 19.3 1.63 17.6 17.4
Slide 28: Presentation topics
PRESENTATION TOPICS EXECUTIVE SUMMARY MACROECONOMIC AND BUSINESS UPDATE OPERATING TRENDS WHOLESALE FUNDING AND CAPITAL FINANCIAL OUTLOOK APPENDIX Page 28
Slide 29: 2025 NII & CIR outlook upgraded (again)
FINANCIAL OUTLOOK 2025 NII & CIR outlook upgraded (again) Variable 2025 guidance Key assumptions/additional comments Real GDP ~ +0-3% CEE GDP growth remains on the agenda Loans > 5% Supported by robust growth dynamics across the CEE region NII > 2% Strong volume growth and manageable interest rate e
Slide 30: Appendix: Erste Group basics, detailed financials & ESG profile
PRESENTATION TOPICS EXECUTIVE SUMMARY MACROECONOMIC AND BUSINESS UPDATE OPERATING TRENDS WHOLESALE FUNDING AND CAPITAL FINANCIAL OUTLOOK APPENDIX: ERSTE GROUP BASICS, ERSTE GROUP DETAILED FINANCIALS & ERSTE GROUP ESG PROFILE Page 30
Slide 31: Banking leadership in Central and Eastern Europe (1)
APPENDIX: ERSTE GROUP‘S GEOGRAPHIC FOOTPRINT Banking leadership in Central and Eastern Europe (1) Czech Republic Slovakia Customers: 4.6m Customers: 2.0m Hungary Employees: 9,607 Employees: 3,534 Customers: 1.1m Branches: 332 Branches: 143 Employees: 3,425 Retail loan share: 26.9% Retail loan share:
Slide 32: Banking leadership in Central and Eastern Europe (2)
APPENDIX: ERSTE GROUP STRATEGY Banking leadership in Central and Eastern Europe (2) Eastern part of EU Focus on CEE, limited exposure to other Europe Retail Corporate Capital Public Interbank banking banking markets sector business Acting as financial SME and large Focus on customer Financing sovere
Slide 33: Commanding market shares across the CEE region
APPENDIX: MARKET SHARES Commanding market shares across the CEE region Gross retail loans Retail deposits Gross corporate loans Corporate deposits 21.6% 24.4% 24.5% 22.3% AT 21.9% AT 24.7% AT 25.0% AT 22.6% 26.9% 24.4% 22.7% 14.2% CZ 27.0% CZ 24.3% CZ 22.7% CZ 14.9% 26.9% 23.9% 22.6% 15.3% 24.7% 27.
Slide 34: Strong track record of profitability
APPENDIX: ERSTE GROUP FINANCIALS/PROFIT AND LOSS ACCOUNT Strong track record of profitability Year-to-date view Quarterly view in EUR million 1-9 24 1-9 25 YOY-Δ Q3 24 Q2 25 Q3 25 YOY-Δ QOQ-Δ Net interest income 5,590.7 5,761.0 3.0% 1,903.2 1,914.4 1,974.6 3.7% 3.1% Interest income 11,669.9 10,444.3
Slide 35: Strong balance sheet dominated by customer loans
APPENDIX: ERSTE GROUP FINANCIALS/BALANCE SHEET/ASSETS Strong balance sheet dominated by customer loans Quarterly data Change in EUR million Sep 24 Dec 24 Mar 25 Jun 25 Sep 25 YOY-Δ YTD-Δ QOQ-Δ Cash and cash balances 23,972 25,129 23,940 27,652 25,345 5.7% 0.9% -8.3% Financial assets held for trading
Slide 36: Liabilities dominated by retail deposits
APPENDIX: ERSTE GROUP FINANCIALS/BALANCE SHEET/ EQUITY AND LIABILITIES Liabilities dominated by retail deposits Quarterly data Change in EUR million Sep 24 Dec 24 Mar 25 Jun 25 Sep 25 YOY-Δ YTD-Δ QOQ-Δ Financial liabilities held for trading 1,770 1,821 2,094 2,729 2,538 43.4% 39.4% -7.0% Derivatives
Slide 37: Capital requirements for 2025 slightly up on higher buffers
APPENDIX: REGULATORY CAPITAL POSITION/REQUIREMENT (SREP – SUPERVISORY REVIEW AND EVALUATION PROCESS) Capital requirements for 2025 slightly up on higher buffers Erste Group Consolidated Erste Group Unconsolidated 2023 2024 Q3 2025 YE 2025 2023 2024 Q3 2025 YE 2025 Pillar 1 CET1 requirement 4.50% 4.5
Slide 38: MREL compliance at point of entry level (bail-in)
APPENDIX: MULTIPLE POINT OF ENTRY (MPE) RESOLUTION STRATEGY MREL compliance at point of entry level (bail-in) Resolution Groups * Erste Group Bank AG 100% 69.3%** & Savings Banks + other subs 100% 100% 99.9% Banca Česká Slovenská Erste Bank Erste Bank Comercială spořitelna sporiteľňa Hungary Croatia
Slide 39: Austrian resolution group: MREL requirement based on RWA fulfilled
APPENDIX: DETAILS ON AUSTRIAN RESOLUTION GROUP Austrian resolution group: MREL requirement based on RWA fulfilled MREL capacity based on TREA (RWA)* Key take-aways Erste Group adopted multiple point of entry (MPE) in % 44.21% resolution approach − In Q2 25, Erste Group Bank AG received its MREL requ
Slide 40: MREL issuance progresses to plan
APPENDIX: MULTIPLE POINT OF ENTRY (MPE) RESOLUTION STRATEGY MREL issuance progresses to plan MPE resolution groups MREL issuance plan (by year-end 2025) 206 ~1,000 – 2,000 in EUR bn, in EUR m 92 as of Sep 2025 86 29 28 25 17 13 13 ~350-500 11 ~250-350 ~250-350 7 6 ~50-150 ~0-150 AT CZ SK RO HR HU Ho
Slide 41: Erste Group benefits from a highly diversified loan book
APPENDIX: GROSS CUSTOMER LOANS BY RISK CATEGORY, CURRENCY AND INDUSTRY Erste Group benefits from a highly diversified loan book Gross customer loans by industry By currency By business segment 232.2 in EUR bn 4.4 0.0 2% 1% 0% 222.2 1% 1% Other Other 0.1 3.3 1% 1% 3.9 3.6 22% 23% 27% 27% 6.0 4.7 CHF
Slide 42: Real estate snapshot
APPENDIX: CREDIT RISK/EXPOSURE HIGHLIGHT: REAL ESTATE (RE) Real estate snapshot Sound lending standards − Income producing projects (>80%) − Ring-fenced, A-class buildings in prime locations with risk-mitigating structures − Highly collateralised business with conservative valuation approach (applic
Slide 43: Financial asset portfolio contributes to net interest income
APPENDIX: FINANCIAL ASSET DRILL-DOWN Financial asset portfolio contributes to net interest income Financial assets – geographic view Financial assets – accounting view AC by issuer and currency in EUR bn +20.0% 69.6 69.2 3% 3% 5% 57.7 17.9 17.4 13% 13% 4% 3.0 2.8 6% 1% 13.1 2.7 2.2 2.0 1.0 6.7 3.7 6
Slide 44: Erste Group's sustainability strategy is centered on two main pillars
APPENDIX: ESG PROFILE (1)/ESG STRATEGY OF ERSTE GROUP Erste Group’s sustainability strategy is centered on two main pillars GREEN TRANSITION SOCIAL INCLUSION • Our goal is to achieve net zero status for our portfolio • We enhance financial inclusion through our social by 2050, adhering to sector-spe
Slide 45: Portfolio towards our environmental targets
APPENDIX: ESG PROFILE (2)/ENVIRONMENT – NET-ZERO TARGET SETTING Portfolio towards our environmental targets Financed emissions Sustainable finance corporate Scope 3, financed emissions, covering EUR 196.7bn exposure New specific purpose Sustainable Financing1 Committed amount (total), Sep 2025 in EU
Slide 46: Erste Group benefits from a strong and well-diversified shareholder base
APPENDIX. SHAREHOLDER STRUCTURE Erste Group benefits from strong and well-diversified shareholder base By investor By region Erste Foundation direct 4.59% 6.01% 2.38% Sparkassen Beteiligungs 0.19% 0.19% GmbH & Co KG 1.56% 1.56% 12.59% Foundations 16.28% Wiener Städtische 33.03% Austria Versicherungs
Slide 47: Erste Group Bank AG boasts strong issuer ratings
APPENDIX: CREDIT RATINGS Erste Group Bank AG boasts strong issuer ratings Financial Profile SACP - Stand-Alone Credit Profile VR - Viability Rating Asset Risk baa1 a (Individual Rating ) Capital baa1 ▲ a Profitability baa3 Anchor bbb+ Funding Structure a2 Business position Strong +1 SRF - Support Ra
Slide 48: Geographical/operating and business segment view
APPENDIX: SEGMENT REPORTING STRUCTURE Geographical/operating and business segment view Erste Group – Geographical/operating segments Austria Central and Eastern Europe Other EBOe & Savings Other Czech − Holding ALM Slovakia Romania Hungary Croatia Serbia Subsidiaries Banks Austria Republic − Holding
Slide 49: Erste Group IR contact details
APPENDIX: INVESTOR RELATIONS CONTACTS AND SHARE INFO Erste Group IR contact details IR Team Role Phone Email Catherina Frass IR Assistant +4350100 17731 catherina.frass@erstegroup.com Gerald Krames IR Manager +4350100 12751 gerald.krames@erstegroup.com Peter Makray IR Manager +4350100 16878 peter.ma