Erste Group Bank Ag · VIE:EBS
Erste Group Bank — Q1 2026 Earnings Presentation
50 slides from Erste Group Bank's earnings presentation, Apr 30, 2026
Slide 1: Q1 26 results presentation
Q1 26 results presentation Vienna, 30 April 2026 Erste Group consolidates Erste Bank Polska (EBP) 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 momentum augmented by EBP consolidation
EXECUTIVE SUMMARY: P&L PERFORMANCE Revenue momentum augmented by EBP consolidation QoQ net profit development (inc EBP) YTD net profit development (inc EBP) in EUR m in EUR m +18.2% -6.9% 256 427 867 280 1,136 354 220 5 944 88 133 88 879 82 879 743 Q4 25 Operating Operating Risk costs Other Taxes on
Slide 5: On track to deliver 2026 guidance
EXECUTIVE SUMMARY: P&L DASHBOARD On track to deliver 2026 guidance1 Net interest margin Cost/income ratio Risk cost ratio2 in % in % in bps G26: ~45% G26: 25-30 bps 68 2.64* 2.42 2.46 2.32 2.36 49.3 48.0 47.5 27 46.7 24 45.0 15 17 Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 Q1 25
Slide 6: Customer business focus reinforced by EBP consolidation
EXECUTIVE SUMMARY: BALANCE SHEET PERFORMANCE Customer business focus reinforced by EBP consolidation YTD total asset development (inc EBP) YTD equity & total liability development (inc EBP) in EUR bn in EUR bn +22.1% 450.0 450.0 4.5 1.8 5.6 3.7 5.0 43.6 61.8 5.6 26.7 368.6 368.6 2.6 2.7 0.7 31/12/25
Slide 7: Continued strong balance sheet metrics
EXECUTIVE SUMMARY: BALANCE SHEET DASHBOARD Continued strong balance sheet metrics1 Loan/deposit ratio Loan & deposit growth2 Asset quality in % yoy, in % in % 74.6 73.6 73.7 27.9 69.7 G26: >5% 67.9 92.0 91.7 89.4 90.1 87.6 25.2 2.5 2.5 2.5 2.4 2.4 5.8 6.0 6.8 6.4 4.6 3.4 3.4 4.7 Q1 25 Q2 25 Q3 2
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: 2026 CEE growth outlook trimmed slightly amid geopolitics
MACROECONOMIC AND BUSINESS UPDATE: ECONOMIC FORECASTS * 2026 CEE growth outlook trimmed slightly amid geopolitics Real GDP growth Consumer price inflation Unemployment rate 2026 in % avg, in % avg, in % 2027 8.7 7.7 8.6 4.0 3.8 6.0 6.0 5.8 5.7 5.5 5.3 5.2 5.2 4.6 2.9 4.5 4.8 4.7 4.2 4.6 2.6 2.6 4.1
Slide 10: Balanced retail loan growth year-to-date
MACROECONOMIC AND BUSINESS UPDATE: RETAIL BUSINESS Balanced retail loan growth year-to-date Healthy retail loan growth yoy, slower qoq (ex EBP) Gross retail loans by product * − Yoy better growth in housing loans, qoq balanced growth − Fastest qoq growth in housing loans in HU, RO and CZ in EUR bn +
Slide 11: Corporates & Markets operating income improves further
MACROECONOMIC AND BUSINESS UPDATE: CORPORATES & MARKETS BUSINESS Corporates & Markets operating income improves further Stable performance in Corporate business Net loan stock of Corporate segment − Healthy 1.8% corporate customer loan growth in Q1 26, volume growth in all business lines and across
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: Customer loan growth (ex EBP): +7.0% yoy, +1.5% qoq
OPERATING TRENDS: NET LOAN STOCK AND GROWTH Customer loan growth (ex EBP): +7.0% yoy, +1.5% qoq Net loan stock Growth rates Corporates & Markets segments drive growth in Q1 26 − Yoy growth (ex EBP) strong across the board, except AT Retail & 220.1 18.8% SME and RO, driven mainly by Retail segment (+
Slide 14: Customer deposit growth (ex EBP): +6.0% yoy, +3.2% qoq
OPERATING TRENDS: CUSTOMER DEPOSIT STOCK AND GROWTH Customer deposit growth (ex EBP): +6.0% yoy, +3.2% qoq Customer deposits Growth rates Erste Group’s favourable deposit mix is a key competitive advantage – overweight retail, sight, LCY deposits 246.1 24.4% Group 253.0 27.9% 314.8 Key Q1 26 deposit
Slide 15: NII performance (ex EBP): +6.5% yoy, -1.7% qoq
OPERATING TRENDS: NET INTEREST INCOME (NII) AND NET INTEREST MARGIN (NIM) NII performance (ex EBP): +6.5% yoy, -1.7% qoq Net interest income Net interest margin * NII (ex EBP) consolidates at EUR 2bn mark − NII (ex EBP) up 6.5% yoy with increase driven by all segments 1,872 2.32% except Other Austri
Slide 16: Net fee income performance (ex EBP): +7.3% yoy, -1.6% qoq
OPERATING TRENDS: NET FEE AND COMMISSION INCOME Net fee income performance (ex EBP): +7.3% yoy, -1.6% qoq Net fee income by segment (inc EBP) Net fee income by fee type (inc EBP) in EUR m +13.4% in EUR m +23.7% 965 965 29 7 19 13 850 94 850 89 780 762 798 37 10 Other 780 798 17 14 66 63 33 7 38 8 97
Slide 17: Operating expense performance (ex EBP): +5.1% yoy, -6.7% qoq
OPERATING TRENDS: OPERATING EXPENSES Operating expense performance (ex EBP): +5.1% yoy, -6.7% qoq Operating expenses by segment (inc EBP) Operating expenses by type (inc EBP) in EUR m +16.9% in EUR m +31.7% 1,771 1,771 79 25 142 Residual other admin 1,515 72 Other 1,515 48 Deposit insurance contribu
Slide 18: Record operating result (ex EBP): +11.5% yoy, +4.4% qoq
OPERATING TRENDS: OPERATING RESULT AND COST/INCOME RATIO (CIR) Record operating result (ex EBP): +11.5% yoy, +4.4% qoq Operating result (inc EBP) Cost/income ratio (inc EBP) in EUR m in % +48.7% 2,167 78 13 Other 121 73 RS 143 HR 1,556 10 1,557 159 1,458 1,505 24 14 16 16 HU 16 74 138 81 133 315 122
Slide 19: Risk costs (ex EBP) at 16 bps, inc EBP 21 bps
OPERATING TRENDS: CREDIT RISK/RISK COSTS Risk costs (ex EBP) at 16 bps, inc EBP 21 bps Risk costs by segment 1 (inc EBP) Risk cost ratio1 (inc EBP) in EUR m in bps 439 682 Other RS HR HU SK 27 21 24 159 RO 18 15 15 17 97 136 CZ 9 85 6 PL AT/OA AT/SB 2021 2022 2023 2024 2025 Q1 25 Q2 25 Q3 25 Q4 25 Q
Slide 20: Asset quality (exc & inc EBP) stable
OPERATING TRENDS: CREDIT RISK/ASSET QUALITY Asset quality (exc & inc EBP) stable NPL ratio NPL coverage ratio NPL ratio stable despite EBP inclusion − PL: lower EBP NPL ratio than locally reported due to fair valuing 2.5 in % 74.6 in % portfolio at first-time consolidation; NPL coverage also impacte
Slide 21: Other result (ex EBP) up yoy, down qoq
OPERATING TRENDS: OTHER RESULT Other result (ex EBP) up yoy, down qoq Other result by segment (inc EBP) Other result by accounting categories (inc EBP) in EUR m in EUR m 24 24 Other RS HR HU 0 0 0 -13 SK -15 -76 -88 RO -87 -8 -25 -121 CZ -8 -25 PL -251 AT/OA -190 AT/SB -190 AT/EBOe -195 -195 Q1 25 Q
Slide 22: ROTE at sound 18.1%
OPERATING TRENDS: NET RESULT, EARNINGS PER SHARE (EPS) & RETURN ON TANGIBLE EQUITY (ROTE) ROTE at sound 18.1% Net result by segment (inc EBP) EPS & ROTE (inc EBP) in EUR m in EUR +18.2% 944 921 901 879 Other 18.0% 18.1% 17.1% RS 16.0% 743 15.2% HR HU SK 2.20 2.11 2.11 2.15 RO 1.82 CZ PL AT/OA AT/SB
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 450.0 deposit base is k
Slide 25: Beneficial timing of issuances in Q1 26
WHOLESALE FUNDING AND CAPITAL: LONG TERM FUNDING Beneficial timing of issuances in Q1 26 Maturity profile of debt 9.5 in EUR bn 7.9 6.5 6.0 6.0 5.0 3.3 1.3 1.0 1.4 0.8 0.1 0.2 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038+ Debt CEE & EBOe Tier 2 Covered bonds Senior non-preferred
Slide 26: Capital and RWA development reflect EBP consolidation
WHOLESALE FUNDING AND CAPITAL: CAPITAL AND RISK-WEIGHTED ASSETS (RWA) Capital and RWA development reflect EBP consolidation Basel 3 capital (phased-in) Risk-weighted assets (phased-in) +24.2% in EUR bn in EUR bn 183.2 5.5 -2.1% 151.6 152.6 151.1 147.5 27.5 6.1 5.4 5.0 4.6 21.1 21.1 21.1 22.3 36.5 35
Slide 27: CET 1 ratio already exceeds target level
WHOLESALE FUNDING AND CAPITAL: COMMON EQUITY TIER 1 (CET1), TIER 1 AND TOTAL CAPITAL RATIOS CET 1 ratio already exceeds target level CET 1 ratio development Basel 3 capital ratios (reported, phased-in) in % in % 24.8 19.34 22.6 23.0 21.7 20.7 4.55 19.9 19.8 19.5 19.3 0.51 17.6 17.4 17.5 14.79 0.05 1
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: 2026 outlook fully confirmed
FINANCIAL OUTLOOK (2026) 2026 outlook fully confirmed Erste ex EBP Erste inc EBP Key assumptions/additional comments (in EUR) Real GDP ~ +1-3% ~ +1-4% Superior CEE GDP growth trajectory is key pillar of Erste Loans > 5% > 285bn Supported by robust growth dynamics across the CEE region NII ~ +5% > 11
Slide 30: Presentation topics
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) Erste Group Customers: 23.1m Czech Republic Poland Slovakia Employees: 55,431 Customers: 4.6m Customers: 6.1m Customers: 1.9m Branches: 2,088 Employees: 9,299 Employees: 10,131 Employees: 3,485 Branches
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 21.8% 24.7% 24.7% 22.8% AT 22.1% AT 24.7% AT 24.8% AT 23.2% 10.7% 9.7% 12.6% 10.3% PL 10.7% PL 9.4% PL 12.6% PL 9.9% 10.6% 9.4% 12.5% 9.3% 26.9% 24.3% 22
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 1-3 25 1-3 26 YOY-Δ Q1 25 Q4 25 Q1 26 YOY-Δ QOQ-Δ Net interest income 1,872.1 2,673.8 42.8% 1,872.1 2,027.4 2,673.8 42.8% 31.9% Interest income 3,548.8 4,079.
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 Mar 25 Jun 25 Sep 25 Dec 25 Mar 26 YOY-Δ YTD-Δ QOQ-Δ Cash and cash balances 23,940 27,652 25,345 27,573 26,850 12.2% -2.6% -2.6% Financial assets held for tradi
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 Mar 25 Jun 25 Sep 25 Dec 25 Mar 26 YOY-Δ YTD-Δ QOQ-Δ Financial liabilities held for trading 2,094 2,729 2,538 2,412 4,975 >100.0% >100.0% >100.0% Deriv
Slide 37: Reconciliation of quarterly results: reported vs. pro-forma Q1 26
APPENDIX: ERSTE GROUP FINANCIALS/PROFIT AND LOSS ACCOUNT Reconciliation of quarterly results: reported vs. pro-forma Q1 26 * Q1 26 quaterly results Q1 26 pro-forma excl. EBP in EUR thsd Q1 25 Q4 25 reported excl. EBP Δ qoq Δ yoy Net interest income 1,872 2,027 2,674 1,993 -1.7% 6.5% Net fee and comm
Slide 38: Capital requirements for 2026 slightly up on higher buffers
APPENDIX: REGULATORY CAPITAL POSITION/REQUIREMENT (SREP – SUPERVISORY REVIEW AND EVALUATION PROCESS) Capital requirements for 2026 slightly up on higher buffers Erste Group Consolidated Erste Group Unconsolidated 2024 YE 2025 Q1 2026 YE 2026 2024 YE 2025 Q1 2026 YE 2026 Pillar 1 CET1 requirement 4.5
Slide 39: 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% 100% & Savings Banks + other subs 49%* 100% 99.9% 69.3%** Banca Česká Erste Bank Slovenská Erste Bank Erste Bank Comercială spořitelna Polska sp
Slide 40: 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 % 42.49% resolution approach − In Q2 25, Erste Group Bank AG received its MREL requ
Slide 41: 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 2026) 219 ~2,000 – 3,000 in EUR bn, in EUR m 98 as of Mar 2026 91 75 ~1,000-1,600 33 28 28 26 16 16 ~500-650 ~400-550 13 ~400-550 11 ~300-400 ~300-400 8
Slide 42: 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 280.1 in EUR bn 3.8 1% 2% 0% 5.6 0.3 1% 1% Other 15% Other 6.7 1% 1% CHF 27% Savings banks 24% 7.1 33% 7.4
Slide 43: Real estate snapshot
APPENDIX: CREDIT RISK/EXPOSURE HIGHLIGHT: REAL ESTATE (RE) Real estate snapshot Polish acquisition supports portfolio diversification, still some market-specific headwinds in Austria − Polish real estate portfolio supports portfolio diversification, PL now the second largest market outside AT − Shar
Slide 44: Securities portfolio contributes to net interest income
APPENDIX: FINANCIAL ASSET DRILL-DOWN Securities portfolio contributes to net interest income Financial assets – geographic view Financial assets – accounting view AC by issuer and currency in EUR bn +37.8% 94.0 2% 2% 4% 19.0 9% 17% 6% 3% 68.2 70.0 1% 16.2 1.7 20.1 15.7 1.7 2.9 3.1 2.9 2.1 EUR 94.0 b
Slide 45: 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 Supporting the Green Transition Promoting Social Inclusion Erste Group’s primary environmental impact arises from Erste Group’s social impact is shaped by its interactions its
Slide 46: 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 234.1bn exposure New specific purpose Sustainable Financing1 Committed amount (total), Mar 2026 in EU
Slide 47: Erste Group benefits from 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 3.84% 6.04% 5.05% Sparkassen Beteiligungs 2.13% 0.25% GmbH & Co KG 0.25% Foundations 3.84% 12.59% Wiener Städtische 17.27% Austria 32.51% Versicherungs
Slide 48: Credit ratings
APPENDIX: CREDIT RATINGS Weighted Macro Profile SACP - Stand-Alone Credit Profile VR - Viability Rating Strong a (Individual Rating ) + ▲ a Financial Profile Asset Risk baa1 Anchor bbb+ Capital baa1 Business position Strong +1 SRF - Support Rating Floor Profitability baa3 Capital and earnings Strong
Slide 49: Geographical/operating and business segment view (as of Mar 2026)
APPENDIX: SEGMENT REPORTING STRUCTURE Geographical/operating and business segment view (as of Mar 2026) Erste Group – Geographical/operating segments Austria Central and Eastern Europe Other EBOe & Savings Other Czech − Poland Slovakia Romania Hungary Croatia Serbia Holding ALM Subsidiaries Banks Au
Slide 50: 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