Moneta Money Bank As · PSECZ:MONET
Moneta Money Bank As — Q1 2025 Earnings Presentation
77 slides from Moneta Money Bank As's earnings presentation, Apr 25, 2025
Slide 1: 1Q 2025 Results
1Q 2025 Results Published on 25 April 2025 at 07:00 CET According to IFRS, Consolidated, Unaudited MANDATORY DISCLOSURE / PUBLIC DISCLOSURE OF MANDATORY INFORMATION
Slide 2: Key highlights
1Q 2025 Key highlights Operating Operating Net (in CZK) income expenses profit 3.4bn 1.5bn 1.5bn • Operating income of CZK 3.4 billion (+8.4%) • Operating expenses kept stable at CZK 1.5 billion despite persisting inflationary +8.4% stable +14.0% pressure in the labour market • Net profit of CZK 1.5
Slide 3: Key highlights
1Q 2025 Key highlights Risk weighted Capital Excess (in CZK) assets adequacy ratio capital1 164bn 19.1% 6.4bn • Risk weighted assets decreased by CZK 10 billion due to the implementation of capital requirements regulation (CRR 3) (3.6)% Excess 3.9% CZK 12.5 per share • Capital adequacy ratio at 19.1
Slide 4: Shareholders approved all proposals at the Annual General Meeting
ANNUAL GENERAL MEETING SUMMARY Shareholders approved all proposals at the Annual General Meeting held on 24 April 2025 01 Approval of Mr. Miroslav Singer as a member of the Supervisory Board 02 Annual Consolidated Financial Statements of MONETA Money Bank, a.s. as of 31 December 2024 03 Annual Separ
Slide 5: Content
Content 01 Macroeconomic Environment 02 Operating Platform 03 Profit and Loss Development 04 Balance Sheet Development 05 Risk Metrics & Asset Quality 06 Liquidity Development 07 Capital Management 08 2025 – 2029 Market Guidance 09 Appendix Branch office: Vsetín
Slide 6: Czech economy grew by 1.8%; unemployment remains low and stable
MACROECONOMIC ENVIRONMENT Czech economy grew by 1.8%; unemployment remains low and stable; state budget deficit forecasted at CZK 241 billion GDP evolution1 (CZK bn) Government debt in % of GDP at current prices2 2024: 1.0% 2025F: 2.0% GDP at constant prices GDP Y/Y % change EURO area - 20 countries
Slide 7: Inflation on a descending trajectory; key rate decreased to 3.75%
MACROECONOMIC ENVIRONMENT Inflation on a descending trajectory towards the CNB inflation target of 2%; the key rate decreased to 3.75% Inflation and consumer price index1 (year-over-year % change) 2W repo rate (average over period) End of period 2.3% 6.6% 15.8% 6.9% 3.0% 2.7% 3.75% change2 as at 31
Slide 8: Content
Content 01 Macroeconomic Environment 02 Operating Platform 03 Profit and Loss Development 04 Balance Sheet Development 05 Risk Metrics & Asset Quality 06 Liquidity Development 07 Capital Management 08 2025 – 2029 Market Guidance 09 Appendix Branch office: Chomutov
Slide 9: Overall business platform
Overall business platform Total number Branch Own & shared of clients network ATM network1 1.6m 124 1,936 consists of three service and sales distribution pillars: • Digital platform +1.1% (7.5)% (2.0)% • Branch network • Contact centre supported by own and shared ATM Total number of Number of front
Slide 10: Digital platform
Digital is a critical distribution and service Digital Average Payment platform users1 daily visits1 transactions channel consisting of four key pillars: • Web: www.moneta.cz 1.6m 713ths 18.7m • Web: www.hypoteka.cz +8.3% +6.9% +7.5% • Mobile: Smart Banka • Internet: Internet Banka Servicing Loan Sa
Slide 11: Branch network
Branch network Branch Number of staff Cash continues to play an important role in visits1 at branches2 transactions 343ths 1,054 122ths product distribution and client service. The network is organised into six distinct front-office units: (21.2)% (5.9)% (36.5)% • Retail banking • Wealth management
Slide 12: Contact centre
Contact centre Inbound Number Email traffic1 of staff2 communication3 191ths 220 44ths complements the service and sales of both the digital and physical branch network through a range of (9.1)% +10.0% +6.5% communication channels: • Telephone • Email Percentage of Client Insurance answered calls4 s
Slide 13: ATM network
ATM network Shared ATM Deposit ATMs in Own ATM network shared network network 1,936 778 557 provides 24/7 access to withdrawals, deposits and miscellaneous services through its own and shared network. ATM alliance partnership includes four (2.0)% (1.4)% (3.3)% banks: • MONETA Money Bank • Komerční b
Slide 14: Content
Content 01 Macroeconomic Environment 02 Operating Platform 03 Profit and Loss Development 04 Balance Sheet Development 05 Risk Metrics & Asset Quality 06 Liquidity Development 07 Capital Management 08 2025 – 2029 Market Guidance 09 Appendix Branch office: Písek
Slide 15: Profit and loss statement
PROFIT AND LOSS STATEMENT Net profit driven by operating income growth and stable cost base; cost of risk in line with expectations PROFIT AND LOSS (CZK m) 1Q 2024 1Q 2025 CHANGE YoY Net interest income growth driven by Net interest income 2,075 2,337 12.6% balance sheet expansion and significant de
Slide 16: Net interest income drivers
NET INTEREST INCOME DRIVERS NII growth primarily driven by deposit repricing; 1Q 2025 drop resulted from doubled mandatory deposit reserves Net interest income (CZK m) Interest income on loans (CZK m, YoY absolute change) +124 +12.6% 3,220 3,336 3,310 3,333 3,344 (3.8)% 2,429 2,337 1Q’24 2Q’24 3Q’24
Slide 17: Fee and commission income and expense
FEE AND COMMISSION INCOME & EXPENSE Growth of nearly 15% driven by wealth management product distribution and improved commercial terms with Visa Net fee and commission income (CZK m) Third-party commission income (CZK m) 478 549 515 467 468 Wealth mngt 145 189 179 226 219 +51.0% YoY +14.6% Insuranc
Slide 18: Distribution of wealth management products
DISTRIBUTION OF WEALTH MANAGEMENT PRODUCTS Cross-selling of wealth management products contributed to 51% commission income growth Commissions from wealth management product distribution (CZK m) 1Q 2024 1Q 2025 Change +51.0% 219 145 Number of licensed staff (MiFiD) 522 533 +2.1% Wealth management sp
Slide 19: Insurance product distribution
INSURANCE PRODUCT DISTRIBUTION Recurrent insurance income grew by 4.6% YoY; overall income in 1Q 2024 impacted by one-offs Commissions from insurance product distribution (CZK m) 1Q 2024 1Q 2025 Change (8.1)% 322 Number of licensed staff (IDD)1 682 647 (5.1)% 296 Recurrent income Life insurance 283
Slide 20: Operating expenses
OPERATING EXPENSES Cost base stable as a result of lower regulatory charges which were offset by higher administrative expenses Operating expenses (CZK m) Key highlights +0.8% 1,486 1,498 Regulatory charges • Regulatory charges decreased by 14.5% or CZK 33 million 228 195 (14.5)%YoY primarily due to
Slide 21: Content
Content 01 Macroeconomic Environment 02 Operating Platform 03 Profit and Loss Development 04 Balance Sheet Development 05 Risk Metrics & Asset Quality 06 Liquidity Development 07 Capital Management 08 2025 – 2029 Market Guidance 09 Appendix Branch office: Jilemnice
Slide 22: Key balance sheet metrics
KEY BALANCE SHEET METRICS Continued loan growth; funding base expansion driven by deposit gathering despite significant decline in cost of funding Loan portfolio (CZK bn) Funding base (CZK bn) +4.0% +7.8% +0.8% +0.8% 267.4 275.9 278.1 423.0 452.4 455.9 31/03/2024 31/12/2024 31/03/2025 31/03/2024 31/
Slide 23: Balance sheet profile and development
BALANCE SHEET PROFILE AND DEVELOPMENT The balance sheet exceeded CZK 500 billion threshold through strong deposit base growth Assets (CZK bn) Equity and liabilities (CZK bn) +7.0% +7.0% 500.7 495.0 500.7 Repo operations 488.2 495.0 483.3 488.2 483.3 468.0 4.0 4.5 and due to banks2 468.0 Cash and cas
Slide 24: New lending volumes
NEW LENDING VOLUMES Reinforced lending activity in both retail and commercial segments delivered 27% growth of new lending volume New lending volume (CZK bn) New retail lending volume (CZK bn) +26.0% 10.4 8.3 Mortgage loans +27.1% 4.3 +37.3% YoY 3.1 16.4 Consumer and 5.2 6.2 Other loans1 +19.2% YoY
Slide 25: Loan portfolio
LOAN PORTFOLIO Loan portfolio returned to growth across all segments Loan portfolio (CZK bn) +4.0% +0.8% 271.6 270.8 275.9 278.1 267.4 180.3 181.5 180.7 183.1 184.2 Retail +2.2% YoY 15.1 15.4 16.3 17.2 Small business 14.4 +19.0% YoY 72.7 75.1 74.7 76.5 76.8 SME1 +5.6% YoY 1Q 2Q 3Q 4Q 1Q 2024 2025 No
Slide 26: Retail loan portfolio development
RETAIL LOAN PORTFOLIO DEVELOPMENT Retail loan portfolio growth driven by mortgage and consumer lending Retail loan portfolio (CZK bn) Mortgage portfolio1 (CZK bn) Consumer loan portfolio (CZK bn) +2.6% +2.2% 128.0 128.8 127.7 130.2 131.3 +4.5% 180.3 181.5 180.7 183.1 184.2 36.9 37.7 38.1 38.1 38.6 1
Slide 27: Commercial loan portfolio development
COMMERCIAL LOAN PORTFOLIO DEVELOPMENT Commercial loan book produced fairly strong growth across most product categories Commercial loan portfolio1 (CZK bn) Investment loan portfolio2 (CZK bn) Working capital portfolio (CZK bn) +11.5% (6.1)% +7.8% 46.7 46.5 50.1 50.5 45.3 17.7 18.6 18.5 16.6 16.7 92.
Slide 28: Loan portfolio yield evolution
LOAN PORTFOLIO YIELD EVOLUTION Loan portfolio yield remained broadly stable; commercial yield impacted by declining short-term interest rate environment Loan portfolio yield (%) Retail loan portfolio yield (%) 4.2 4.2 4.3 4.3 4.3 1Q 2Q 3Q 4Q 1Q 4.9 4.9 4.9 4.9 4.8 2024 2025 Commercial loan portfolio
Slide 29: Funding base
FUNDING BASE Funding base grew by 7.8%, despite repricing activities during 2024 Customer deposits and wholesale funding1 (CZK bn) +7.8% +0.8% 443.1 444.0 452.4 455.9 423.0 324.0 330.2 Retail 325.3 322.7 314.8 +4.9% YoY Commercial 90.9 100.6 98.8 105.8 102.6 +13.0% YoY 17.4 17.3 22.6 22.6 23.1 Whole
Slide 30: Development of costs and balances of customer deposits
DEVELOPMENT OF COSTS AND BALANCES OF CUSTOMER DEPOSITS Cost of funds reduction delivered NIM improvement; however, 1Q 2025 impacted by doubled mandatory deposit reserves Monthly development of customer deposits and funding cost (%, CZK bn) +6.7% 413.1 422.1 425.8 424.3 420.3 421.4 421.0 421.6 429.8
Slide 31: Retail customer deposits development
RETAIL CUSTOMER DEPOSITS DEVELOPMENT Retail deposit growth achieved in both deposit categories, despite significant repricing Retail customer deposits (CZK bn) Current account deposits (CZK bn) +5.6% 52.3 54.7 54.5 54.8 55.2 +4.9% 314.8 325.3 322.7 324.0 330.2 1Q 2Q 3Q 4Q 1Q 2024 2025 Savings, term
Slide 32: Commercial customer deposits development
COMMERCIAL CUSTOMER DEPOSITS DEVELOPMENT As in retail, also commercial deposit growth achieved in both deposit categories Commercial customer deposits (CZK bn) Current account deposits (CZK bn) +21.6% 44.4 43.5 53.0 47.6 39.2 +13.0% 105.8 102.6 100.6 98.8 90.9 1Q 2Q 3Q 4Q 1Q 2024 2025 Savings, term
Slide 33: Cost of funds
COST OF FUNDS Average cost of funds decreased to 2.2%, supporting improvement in net interest income Retail (%) 3.8 Customer deposits (%) 3.5 2.8 3.6 2.4 2.3 3.2 2.6 2.3 2.1 1Q 2Q 3Q 4Q 1Q Cost of funds1 – average (%) 2024 2025 3.6 3.3 1Q 2Q 3Q 4Q 1Q Commercial (%) 2.7 2024 2025 2.8 2.4 2.4 2.2 2.0
Slide 34: Content
Content 01 Macroeconomic Environment 02 Operating Platform 03 Profit and Loss Development 04 Balance Sheet Development 05 Risk Metrics & Asset Quality 06 Liquidity Development 07 Capital Management 08 2025 – 2029 Market Guidance 09 Appendix Branch office: Louny
Slide 35: Key risk ratios
KEY RISK RATIOS Cost of risk at 22bps in line with expectations; NPL ratio remains stable at a low level Cost of risk (release in brackets, creation without brackets, YtD) Loan loss provision coverage (0.28)pp +0.02pp 1.70% 1.45% 1.42% 0.20% 0.22% 0.14% 1Q 2024 2024 1Q 2025 1Q 2024 2024 1Q 2025 Non-
Slide 36: Cost of risk
COST OF RISK Cost of risk in 1Q 2025 stable thanks to good credit performance, and gradual release of management overlays Cost of risk Annualised cost of risk (CZK m, release in brackets, creation without brackets, QtD) (%, release in brackets, creation without brackets, QtD) 2024 2025 1Q 2Q 3Q 4Q 1
Slide 37: Loan portfolio and loan loss provisions
LOAN PORTFOLIO AND LOAN LOSS PROVISIONS Gradual reduction of the management overlays driven by solid core performance Gross loan portfolio (CZK m) Loan loss provisions (CZK m) +3.8% (12.8)% 271,334 275,626 274,819 279,435 281,755 4,603 4,616 4,455 4,052 4,013 Management 557 454 451 394 338 overlays1
Slide 38: Non-performing loan development
NON-PERFORMING LOAN DEVELOPMENT NPL balance remained stable thanks to NPL disposals, repayments and stable NPL formation NPL balance and net formation (CZK m) 1,296 1,174 1,144 1,222 3,886 3,977 3,977 (1,033) (1,003) (80) (262) (1,123) 3,568 3,612 (1,005) (431) (173) Net NPL formation Net NPL format
Slide 39: Past due exposures development
PAST DUE EXPOSURES DEVELOPMENT Delinquency rates remained low and stable, supported by solid core performance and an efficient collection strategy Share of past due exposures on total gross portfolio balance (%) 1.36 30+ 60+ 90+ 1.23 1.15 1.11 1.09 0.92 0.87 0.71 0.73 0.64 0.63 0.65 0.61 0.61 0.63 0
Slide 40: Content
Content 01 Macroeconomic Environment 02 Operating Platform 03 Profit and Loss Development 04 Balance Sheet Development 05 Risk Metrics & Asset Quality 06 Liquidity Development 07 Capital Management 08 2025 – 2029 Market Guidance 09 Appendix Branch office: Příbram
Slide 41: Key liquidity ratios
KEY LIQUIDITY RATIOS Liquidity related ratios remained solid and strong Loan to deposit ratio Share of high-quality liquid assets on customer deposits (2)pp +2pp 66% 64% 64% 40% 43% 42% 31/03/2024 31/12/2024 31/03/2025 31/03/2024 31/12/2024 31/03/2025 Liquidity coverage ratio Net stable funding rati
Slide 42: High-quality liquid assets development
HIGH-QUALITY LIQUID ASSETS DEVELOPMENT High-quality liquid assets constitute 36% of the balance sheet, decline in 1Q 2025 impacted by doubled mandatory reserves High-quality liquid assets (CZK bn) +10.4% 183.1 186.8 181.2 178.4 Cash 164.2 3.4 3.8 2.9 3.8 (11.4)% YoY 3.3 75.6 65.7 Balances at the CNB
Slide 43: Content
Content 01 Macroeconomic Environment 02 Operating Platform 03 Profit and Loss Development 04 Balance Sheet Development 05 Risk Metrics & Asset Quality 06 Liquidity Development 07 Capital Management 08 2025 – 2029 Market Guidance 09 Appendix Branch office: Prague
Slide 44: Key capital ratios – consolidated basis
KEY CAPITAL RATIOS – CONSOLIDATED BASIS RWA declined by 5.5% mainly due to positive impact from CRR3 implementation, excess capital increased by CZK 0.8 billion Capital adequacy ratio Tier 1 capital adequacy ratio 18.25% 19.13% Excess capital T1, T2 3.88% 14.46% 15.34% 3.20% and debt Distributable e
Slide 45: Capital position on a consolidated basis
CAPITAL POSITION ON A CONSOLIDATED BASIS On a consolidated level, RWA density decreased by 2.3pp due to the implementation of CRR3, excess capital increased to CZK 6.4bn Regulatory capital (CZK bn) Risk-weighted assets density 31.6 31.4 35.0% 32.7% 6.6 6.2 Tier 2 25.1 25.1 Tier 1 31/12/2024 31/03/20
Slide 46: Capital position on an individual basis
CAPITAL POSITION ON AN INDIVIDUAL BASIS On an individual basis, we maintained a strong MREL ratio, more than 6 percentage points above our target Regulatory capital and MREL instruments (CZK bn) Risk-weighted assets density 45.4 45.7 35.0% 32.7% 12.5 12.8 MREL 6.6 6.2 Tier 2 26.3 26.7 Tier 1 31/12/2
Slide 47: Content
Content 01 Macroeconomic Environment 02 Operating Platform 03 Profit and Loss Development 04 Balance Sheet Development 05 Risk Metrics & Asset Quality 06 Liquidity Development 07 Capital Management 08 2025 – 2029 Market Guidance 09 Appendix Branch office: Brno
Slide 48: 2025–2029 medium-term guidance
2025 – 2029 MEDIUM-TERM GUIDANCE In the next five years, we seek to deliver a minimum cumulative net profit of CZK 33.3 billion or CZK 65.1 per share CAGR Metrics 2025 2026 2027 2028 2029 2025-2029 Total operating income (CZK bn) 13.6 14.6 15.1 15.8 16.5 5.0% Total operating expenses (CZK bn) (5.9)
Slide 49: Macroeconomic assumptions for medium-term guidance
2025 – 2029 MEDIUM-TERM GUIDANCE Macroeconomic assumptions for medium-term guidance 2025 2026 2027 2028 2029 GDP growth 2.4% 2.4% 2.4% 2.5% 2.5% Unemployment 2.9% 3.0% 2.9% 2.8% 2.7% Inflation 2.6% 2.2% 2.0% 2.0% 2.0% 2W repo rate (annual average) 3.3% 3.0% 3.0% 3.0% 3.0% 1M Pribor (annual average)
Slide 50: Projected loans and deposits growth
2025 – 2029 MEDIUM-TERM GUIDANCE Projected loans and deposits growth CAGR 2024 2025 2026 2027 2028 2029 2024-2029 Gross performing loans development 275.9 288.3 298.6 314.8 334.8 354.7 5.2% Retail 183.1 188.6 193.0 201.4 213.8 226.7 4.4% Commercial 92.8 99.8 105.7 113.4 121.0 128.0 6.6% Customer dep
Slide 51: Content
Content 01 Macroeconomic Environment 02 Operating Platform 03 Profit and Loss Development 04 Balance Sheet Development 05 Risk Metrics & Asset Quality 06 Liquidity Development 07 Capital Management 08 2025 – 2029 Market Guidance 09 Appendix Branch office: Havířov
Slide 52: Appendix
Appendix • Events with Investors • Capital Requirements • Net Profit Evolution 2020 - 2029 • Distributed Dividends and Total Shareholder Return • Deposit and Lending Market • Financial Statements & Key Performance Ratios • Glossary of Terms
Slide 53: Calendar for 1H 2025
REPORTING DATES, INVESTOR MEETINGS AND OTHER IMPORTANT DATES Calendar for 1H 2025 Record date Dividend Erste for dividend payment date Finest CEElection Equity Conference, 30 April 2025 21 May 2025 Warsaw 28 May 2025 Goldman Sachs 1H 2025 Earnings European Financials Conference, Berlin 24 July 2025
Slide 54: Appendix
Appendix • Events with Investors • Capital Requirements • Net Profit Evolution 2020 - 2029 • Distributed Dividends and Total Shareholder Return • Deposit and Lending Market • Financial Statements & Key Performance Ratios • Glossary of Terms
Slide 55: Capital and regulatory requirements
CAPITAL & REGULATORY REQUIREMENTS 2025 capital requirement on a consolidated basis increased by 20bps and on an individual basis by 40bps against December 2024 Capital requirement on a consolidated basis Capital requirement on an individual basis 01/01 01/04 01/07 31/12 28/02 01/01 01/04 01/07 31/12
Slide 56: Appendix
Appendix • Events with Investors • Capital Requirements • Net Profit Evolution 2020 - 2029 • Distributed Dividends and Total Shareholder Return • Deposit and Lending Market • Financial Statements & Key Performance Ratios • Glossary of Terms
Slide 57: Net profit evolution
NET PROFIT EVOLUTION A cumulative net profit of CZK 33.3 billion in the next five years is 46% higher compared to the past five years 2020 – 2029 Net profit1 (CZK bn) CZK 22.8bn CZK 33.3bn +46.2% 6.6 7.0 7.4 5.8 6.0 6.3 5.2 5.2 4.0 2.6 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2020 – 2029 Op
Slide 58: Appendix
Appendix • Events with Investors • Capital Requirements • Net Profit Evolution 2020 - 2029 • Distributed Dividends and Total Shareholder Return • Deposit and Lending Market • Financial Statements & Key Performance Ratios • Glossary of Terms
Slide 59: Distribution of dividends 2016-2024
DISTRIBUTION OF DIVIDENDS 2016 - 2024 Between 2016 and 2024, we generated a cumulative net profit of CZK 39 billion with a pay-out ratio at 88% Net profit and dividend distribution (CZK m) 5,808 Net profit 5,008 5,187 5,200 5,110 4,599 Dividend 4,054 3,923 4,088 4,200 4,019 3,984 3,577 4,088 3,143 2
Slide 60: Total shareholder return comparison
TOTAL SHAREHOLDER RETURN COMPARISON MONETA delivered a total shareholder return of 75%, above European banks’ average Total shareholders return1 as at 31 March 2025 (%) +75.0% MONETA 175.0 165.0 +70.4% Komerční banka 155.0 +66.9% Euro Stoxx Banks2 145.0 135.0 125.0 115.0 105.0 95.0 12/01/2024 08/08/
Slide 61: Appendix
Appendix • Events with Investors • Capital Requirements • Net Profit Evolution 2020 - 2029 • Distributed Dividends and Total Shareholder Return • Deposit and Lending Market • Financial Statements & Key Performance Ratios • Glossary of Terms
Slide 62: Czech deposit market
CZECH DEPOSIT MARKET MONETA exceeded the deposit market growth where the commercial segment was the main driver Deposit market (CZK bn) Retail deposits (CZK bn) +6.1%/+4.8% 3,492.7 3,562.2 3,599.9 3,659.0 3,706.8 +3.9%/+6.3% 6,913.4 7,009.5 7,113.6 6,926.7 7,180.0 314.8 325.3 322.7 324.0 329.9 1Q 2Q
Slide 63: Czech lending market
CZECH LENDING MARKET Overall, our lending growth was almost in line with the market and outperformed in the commercial segment Lending market – Gross loans (CZK bn) Retail gross loans (CZK bn) +5.8%/+1.7% 2,168.9 2,203.5 2,237.3 2,277.2 2,293.6 +5.0%/+3.7% 183.0 184.3 183.5 185.5 186.1 4,221.5 1Q 2Q
Slide 64: Appendix
Appendix • Events with Investors • Capital Requirements • Net Profit Evolution 2020 - 2029 • Distributed Dividends and Total Shareholder Return • Deposit and Lending Market • Financial Statements & Key Performance Ratios • Glossary of Terms
Slide 65: Consolidated statement of financial position
FINANCIAL STATEMENTS Consolidated statement of financial position CZK m 31/03/2025 31/12/20241 31/03/2024 YtD % Change YoY % Change Cash and cash balances at the central bank 18,019 13,541 12,226 33.1% 47.4% Derivative financial instruments with positive fair values 491 596 560 (17.6)% (12.3)% Inves
Slide 66: Statement of financial position – quarterly development
FINANCIAL STATEMENTS Consolidated statement of financial position – quarterly development CZK m 31/03/2023 30/06/2023 30/09/2023 31/12/20231 31/03/2024 30/06/2024 30/09/2024 31/12/20241 31/03/2025 Cash and cash balances at the central bank 7,441 10,303 13,365 10,871 12,226 9,468 11,816 13,541 18,019
Slide 67: Consolidated statement of profit or loss
FINANCIAL STATEMENTS Consolidated statement of profit or loss and other comprehensive income CZK m 1Q 2025 1Q 2024 % Change Interest and similar income 4,911 5,964 (17.7%) Interest expense and similar charges (2,574) (3,889) (33.8%) Net interest income 2,337 2,075 12.6% Fee and commission income 959
Slide 68: Statement of profit or loss – quarterly development
FINANCIAL STATEMENTS Consolidated statement of profit or loss and other comprehensive income - quarterly development CZK m 1Q 2023 2Q 2023 3Q 2023 4Q 2023 1Q 2024 2Q 2024 3Q 2024 4Q 2024 1Q 2025 Interest and similar income 4,855 5,374 5,769 6,048 5,964 5,751 5,345 5,147 4,911 Interest expense and si
Slide 69: Key performance ratios
FINANCIAL STATEMENTS Key performance ratios Profitability 1Q 2025 FY 2024 1Q 2024 YtD Change in pp YoY Change in pp Yield (% avg net customer loans) 4.8% 4.9% 4.9% (0.1) (0.1) Cost of funds (% avg deposits and received loans)1 2.24% 2.99% 3.60% (0.75) (1.36) Cost of funds on customer deposits (% avg
Slide 70: Key performance ratios – quarterly development
FINANCIAL STATEMENTS Key performance ratios – quarterly development Profitability 1Q 2023 2Q 2023 3Q 2023 4Q 2023 1Q 2024 2Q 2024 3Q 2024 4Q 2024 1Q 2025 Yield (% Avg Net Customer Loans) 4.4% 4.6% 4.7% 4.9% 4.9% 4.9% 4.9% 4.9% 4.8% Cost of Funds (% Avg Deposits and Received Loans)1 2.94% 3.21% 3.42%
Slide 71: Appendix
Appendix • Events with Investors • Capital Requirements • Net Profit Evolution 2020 - 2029 • Distributed Dividends and Total Shareholder Return • Deposit and Lending Market • Financial Statements & Key Performance Ratios • Glossary of Terms
Slide 72: Glossary 1/3
GLOSSARY 1/3 Means MONETA Stavební Spořitelna, a.s. (formerly Wüstenrot – stavební spořitelna, Interest expense and similar charges for the period (excl. deposit interest rate swaps Acquired entities a.s.) and Wüstenrot hypoteční banka, a.s. and opportunistic repo interest expenses) divided by the a
Slide 73: Glossary 2/3
GLOSSARY 2/3 Sum of Due to customers, Due to Banks, Issued Bonds and subordinated liabilities and Net Non-Interest Income Total operating income less net interest and similar income for the period Funding Base excluding opportunistic repo operations and CSA FY Financial year New volume / New product
Slide 74: Glossary 3/3
GLOSSARY 3/3 Retail unsecured instalment Stage 1 – financial assets with no significant increase in credit risk since initial Non-purpose, unsecured and revolving loans to retail clients; including building savings loans/ Consumer Stage 1, Stage 2, Stage 3 recognition, Stage 2 - financial assets wit
Slide 75: Disclaimer and other information
Disclaimer and other information • THIS PRESENTATION IS NOT AN OFFER OR A SOLICITATION OF OFFERS TO SELL, PURCHASE OR SUBSCRIBE FOR SHARES OF MONETA MONEY BANK, A.S. (THE “COMPANY”), OTHER SECURITIES OR OTHER FINANCIAL INSTRUMENTS. • Copies of this presentation may not be sent to countries, or distr
Slide 76: Contacts
INVESTOR RELATIONS Contacts Linda Kavanová MONETA Money Bank, a.s. BB Centrum, Vyskočilova 1442/1b Jarmila Valentová 140 28 Praha 4 – Michle Tel: +420 224 442 549 investors@moneta.cz Dana Laštovková www.moneta.cz Identification number: 25672720 Bloomberg: MONET CP ISIN: CZ0008040318 Reuters: MONET.P
Slide 77: MONETA Money Bank
MONEY BANK MONETA
MONETA Money Bank, a.s. — Q1 2025 Earnings Presentation on 6ix