Erste Group Bank Ag · VIE:EBS
Erste Group Bank — FY2021 Earnings Presentation
14 slides from Erste Group Bank's earnings presentation, Feb 28, 2022
Slide 1: Annual Results 2021 and Outlook
PRESS CONFERENCE, 28 FEBRUARY 2022 ANNUAL RESULTS 2021 AND OUTLOOK Bernd Spalt, Chief Executive Officer Stefan Dörfler, Chief Financial Officer Alexandra Habeler-Drabek, Chief Risk Officer Ingo Bleier, Chief Corporates & Markets Officer and Chief Retail Officer
Slide 2: Core markets: CZ, SK, AT, HU, RO, HR, RS
CZ SK AT HU RO HR RS 2
Slide 3: Strong operating performance
Strong operating performance Operating income Operating expenses in EUR mn in EUR mn +8.2% 7,742 204 7,155 231 232 200 2,304 +2.0% 1,977 4,220 4,307 541 548 4,775 4,976 1,159 1,180 2,521 2,578 2020 2021 Other income 2020 2021 Net trading result and gains/losses from financial insruments at FVPL Net
Slide 4: Key interest rates in Central Europe
Key interest rates in Central Europe | 3.75 | 0.00 | 0.00 | 2.40 | 1.75 | 0.05 | 1.00 | End of 2021 in % 4
Slide 5: Key interest rates in Central Europe
Key interest rates in Central Europe | 4.50 | 0.00 | 0.00 | 3.40 | 2.50 | 0.05 | 1.00 | End of Feb 2022 in % 5
Slide 6: Net result 2021
Net result 2021 EUR in mn +145.6% 1136 -72 -183 1923 -242 587 -86 783 2020 Operating Operating Risk costs Other Taxes Minorities 2021 income costs income 6
Slide 7: Strong capitalisation
Strong capitalisation Common equity tier 1 ratio CET1; CRR, final Dividend proposal 14.5% 1.60€ 14.2% 8.3% per share 2009 2020 2021 7
Slide 8: Risk costs
Risk costs Basis points of loan volume 78 56 15 9 9 2 -4 * 2015 2016 2017 2018 2019 2020 2021 * Net release of risk provisions 8
Slide 9: NPL ratio at historically low level
NPL ratio at historically low level NPL ratio NPL coverage ratio 2.7% 90.9% 2.4% 88.6% 2020 2021 2020 2021 9
Slide 10: Solid growth in the retail business
Solid growth in the retail business Housing loans Consumer loans Newly opened regular EUR in bn EUR in bn securities savings plans Number of plans +11% 66.2 59.6 +43% 373,000 +2% 261,000 11.8 11.6 Dec 2020 Dec 2021 Dec 2020 Dec 2021 Dec 2020 Dec 2021 10
Slide 11: 7.8 million customers use George
7.8 million customers use George George users December 2021 | YoY growth CZ 2.34 mn | +10% SK 1.10 mn | +13% AT 2.06 mn | +11% HU 602,000 | ** RO 1.38 mn | +33% HR 344,000 | +278%* * Croatia: Launch October 2020 ** Hungary: Launch February 2021 11
Slide 12: Corporates and capital markets business
Corporates and capital markets business Assets under Management Corporate loan stock development in EUR bn gross, in EUR bn +12.7% +8.7% 76.8 68.1 63.1 58.1 +15% 13.5 15.5 2020 2021 2020 2021 Of which sustainable Assets under Management 12
Slide 13: Outlook 2022
Outlook 2022 Rate of growth for Operating income grows Risk charge less than 20 Double-digit return on customer loan volume in faster than expenses basis points of gross tangible equity (ROTE) the mid single-digit customer loans; NPL ratio percentage range at the end of the year under 3.0% Global im
Slide 14: Erste Group
ERSTES Group