Mbh Bank Plc. Class A · BET:MKBBANK
Mbh Bank Plc. Class A — Q3 2025 Earnings Presentation
41 slides from Mbh Bank Plc. Class A's earnings presentation, Nov 20, 2025
Slide 1: MBH Group 3Q 2025 results
MBH Group 3Q 2025 results Investor Presentation 20th November 2025
Slide 2: Executive summary
Executive summary 3 We kindly draw your attention to that in this presentation MBH Bank’s underlying financial performance presented Business environment 5 – if not stated otherwise – using adjusted financial figures (alternative performance measurement indicators – APM). Financial performance 10 Fo
Slide 3: Executive summary
Executive summary M3H BANK
Slide 4: Key highlights of 9M 2025
Key highlights of 9M 2025 Market shares ROE Loans 18.1%* +4.6% Corporate Lending 19.4%, Deposit 19.7% Improving profitability with Close to 5% y/y increase in the adj. ROE exceeding 18% customer loan book Retail Lending 20.6%, Deposit 17.7% Leasing Portfolio 27.3% LCR NPL 147.5% 3.6% Agri and food l
Slide 5: Macro environment
Macro environment M3H BANK
Slide 6: Macroeconomic growth indicators
Macroeconomic growth indicators Consumption remains the driver of growth Real GDP 2021-2024 (%) Actual final consumption of households (y/y%) 13.0% 9.7% 7.4% 5.7% 5.9% 4.5% 4.9% 4.7% 3.0% 2.8% 3.1% 3.5% 3.1% 1.8% 0.6% 0.9% 0.9% 0.4% Hungary Poland Romania Euro USA area -3.9% -3.9% -3.4% 2022 2022 20
Slide 7: Macroeconomic stability indicators
Macroeconomic stability indicators Government deficit may be around 5% in 2025 Public debt (GDP%) Current account balance (GDP%) 99.6 4.3 3.2 87.1 2.5 2.7 1.2 1.0 0.4 76.5 76.3 76.2 76.1 75.4 74.1 0.3 73.5 73.2 0.0 54.8 55.1 -4.1 -8.2 -9.1 Romania Poland Euro USA FY FY 1Q 2Q 3Q 4Q 1Q 2Q Romania Pola
Slide 8: Interest rate and FX rate environment
Interest rate and FX rate environment No rate cuts expected in 2025 due to elevated inflation expectations Short-term rates FX rates (2024.09.30=100%) 3M rates (percent) 6.50 6.35 4.46 3.89 3.54 2.04 Hungary Czechia Romania Poland US Euro area Long-term rates 5Y bond yields (percent) 10Y bond yields
Slide 9: Banking sector
Banking sector >10% y/y growth in household loans and deposit volumes Corporate loan volumes (HUF bn) Corporate deposit volumes (HUF bn) +3.3% +0.8% 17,029 16,380 16,629 15,968 15,716 15,750 15,553 16,099 15,221 +6.9% 12,547 12,479 12,781 12,742 13,132 12,731 12,976 13,084 12,068 +2.7% 4Q 2022 4Q 20
Slide 10: Financial performance
Financial performance M3H BANK
Slide 11: More than HUF 156 bn adjusted profit in 9M 2025
More than HUF 156 bn adjusted profit in 9M 2025 Adjusted PAT (HUF bn), Adjusted ROE1 (%), Accounting ROE2 (%) 17.4% 12.4% 21.4% 19.4% 13.5% 17.4% 21.4% 23.1% 18.1% 12.4% ▪ Adjusted return on equity reaching 189.0 18.1% in 9M 2025 (accounting ROE at 30.2 156.1 13.5%). 39.3 23.8% ▪ HUF 156.1 bn adjust
Slide 12: Accounting profits at HUF 116.7 bn; adjustments on PAT
Accounting profits at HUF 116.7 bn; extra profit tax and banking tax are the adjustments on PAT in 9M 2025 Accounting profit after tax (HUF bn), ROE1 (%) 9M 2025 adjusted profit after tax breakdown q/q and y/y changes (HUF bn) 19.4% 13.5% 63.2 0.0 0.0 63.2 3Q 158.8 19.6 156.1 -26.5% 19.8 116.7 116.7
Slide 13: MBH Group's gross income reached HUF 408.1 bn in 9M
MBH Group’s gross income reached HUF 408.1 bn in the first 9 month Gross Operating Income (GOI, HUF bn)1, TRM % Net interest income (HUF bn), NIM % 5.8% 5.3% 4.7% 4.5% 4.4% 4.2% 4.4% 4.3% 4.0% 3.9% 3.9% 3.7% 464.5 3.6% 3.6% 408.1 -12.1% 387.3 348.7 -10.0% 142.1 179.7 141.3 130.9 135.8 120.0 120.9 12
Slide 14: 4.6% y/y increase in the loan book
4.6% y/y increase in the loan book, quarterly growth driven by the increase in retail loans Customer gross loan portfolio (HUF bn) Corporate1 +0.2% -1.1% 19.8% 19.8% 20.0% 19.8% 19.4% 5,942.7 6,121.2 6,126.3 6,204.8 6,217.1 +4.6% +1.8% 2,952.5 3,044.7 3,010.8 3,039.5 3,005.0 3Q 2024 4Q 2024 1Q 2025
Slide 15: Significant y/y growth in housing and personal loan volumes
Significant y/y growth in housing and personal loan volumes Retail housing loans – Retail housing loans – Gross volume (HUF bn) and market share (%) New loan contracts (HUF bn) and market share (%) 24.0% 24.3% 24.4% 24.0% 23.6% Retail housing loans: 27.5% 31.0% ▪ Retail housing loan balances were at
Slide 16: 4.2% y/y increase in the deposit book
4.2% y/y increase in the deposit book with a slight decrease q/q. Retail other savings volumes grew in the quarter Customer deposit portfolio (HUF bn) -0.2% Corporate1 -0.8% 19.5% 19.7% 19.4% 20.0% 19.7% 7,590.3 8,052.5 8,018.8 7,925.4 7,909.9 +4.2% +7.0% 4,247.8 4,640.5 4,586.9 4,582.2 4,545.8 3Q 2
Slide 17: Decrease in costs q/q with continued reduction in headcount
Decrease in costs q/q with continued reduction in the headcount Operating expenses (HUF bn) Personnel expenses (HUF bn) 253.0 115.3 226.1 +11.9% 103.5 +11.5% -3.7% +5.6% +9.5%2 103.5 +8.8%2 82.9 76.2 90.1 86.8 47.4 40.5 36.6 36.5 38.3 3Q 2024 4Q 2024 1Q 2025 2Q 2025 3Q 2025 9M 2024 9M 2025 3Q 2024 4
Slide 18: Additional risk cost release in the quarter
Additional risk cost release in the quarter, with NPL coverage still close to 120% Total risk cost (HUF bn) Coverage (%) 1.4% 0.3% 167.9% 182.6% 189.6% 0.2% -0.2% -0.3% -0.7% 134.3% -1.6% 117.8% 20.6 17.0 1.0% 116.6% ** 98.3% 100.8% 104.5% 110.2% 0.5 2.5 21.3 14.5 -1.8 2.2 -0.8 -3.0 0.3 -5.3 2.6 0.5
Slide 19: Stable capital position – 19.2% CET1 in 3Q 2025
Stable capital position – 19.2% CET1 in 3Q 2025 Shareholders’ Equity (HUF bn) Capital Adequacy (%) 23.4% 22.0% +67.8 21.3% 21.7% 22.1% 20.7% 19.6% 20.4% 1,207.3 20.0% 1,139.5 19.6% 109.4 4.2 205.9 19.2% 18.5% 19.2% 18.3% 18.2% 11.6 3Q 2024 4Q 2024 1Q 2025 2Q 2025 3Q 2025 Tier 2 CET 1 CAR (accounting
Slide 20: MREL requirements and adequacy
MREL requirements and adequacy Regulatory MREL requirements and compliance: TREA (%) and TEM (%), YE 2024 – Jan 2026 MREL new issuances (HUF bn) 26.1% 385 22.6% 81 19.0% 18.0% ~240 15.5% 12.1% 304 9.6% 5.9% 5.9% 5.9% YTD 2025* 2026 - 2027 Expected YE 2024 3Q 2025 Jan - 26 Senior pref. MREL Tier2 MRE
Slide 21: Stable liquidity position
Stable liquidity position Customer deposits (HUF bn) LTD1 (%) 78.3% 78.3% 78.6% 76.0% 76.4% 8,052.5 8,018.8 7,925.4 7,909.9 7,590.3 3,989.5 4,243.7 4,304.0 4,336.5 4,242.9 3Q 2024 4Q 2024 1Q 2025 2Q 2025 3Q 2025 3,600.8 3,808.8 3,714.8 3,589.0 3,667.0 LCR (%) 3Q 2024 4Q 2024 1Q 2025 2Q 2025 3Q 2025
Slide 22: Additional investor information – dividend policy, mid-term guidance, SPO
Additional investor information – dividend policy, mid-term guidance, SPO equity offering To enhance its market presence on the stock exchange the Bank is evaluating a possible transaction for the potential sale of its own shares on the Hungarian stock exchange by the end of 2025. Related to this co
Slide 23: Additional information
Additional information
Slide 24: Investment grade issuer rating
Investment grade issuer rating In 2024, Moody's affirmed MBH Bank's investment- grade CRR rating of Baa2 with a stable outlook. Rating category Rating achieved Long- and short-term deposit ratings Baa3/P-3 Long- and short-term Counterparty Risk Ratings (CRRs) Baa2/P-2 Adjusted / Baseline Credit Asse
Slide 25: Successful international MBH Mortgage Bank issuance
Successful international MBH Mortgage Bank issuance EUR 100mn (WNG) 5.25yr Mortgage Covered Bond KEY TERMS ALLOCATION BY GEOGRAPHY Issuer MBH Mortgage Bank 4% ▪ MBH Mortgage Bank very successfully 9% 2% DACH Issue rating A1 (Moody’s) 29% debuted in the Euro covered bond UKI Mortgage Covered Bonds, m
Slide 26: Updates on ESG
Updates on ESG Consolidated semi-annual sustainability report The consolidated semi-annual sustainability report of MBH Group is currently under approval. Its purpose is to present the Group’s environmental, social, and governance (ESG) developments, achievements, and progress toward its short- and
Slide 27: Awards and Recognitions
Awards and Recognitions Hungarian Banking Association – Blochamps Capital MagyarBrands 2025 Program Marketing&Média – Top50 list Hungarian Banks Sports Meeting Private Banking Hungary 2025 „Innovative Brand” Award • Piroska Pataky – Marketing Competition among 13 financial • „Assets Under Management
Slide 28: Annexes
Annexes M3H BANK
Slide 29: Key ratios overview (adjusted)
Key ratios overview (adjusted) ROE1 % TRM % LCR % 23.1% 5.3% 141.6% 142.3% 147.5% 21.4% 4.7% 17.4% 18.1% 4.2% 4.4% 4.3% 12.4% 3Q 2024 2Q 2025 3Q 2025 9M 2024 9M 2025 3Q 2024 2Q 2025 3Q 2025 9M 2024 9M 2025 3Q 2024 2Q 2025 3Q 2025 C/I % NPL % ▪ Strong ROE reaching 18.1% in 9M 2025, driven by 68.8% 3.
Slide 30: Adjusted P&L
Adjusted P&L ADJUSTED P&L 2023 2024 2025 Y-Y (Y) Y/Y Q/Q (HUF bn) FY 3Q 1H* 9M FY 2Q 3Q 9M Net operating income 370.2 59.2 179.1 238.3 314.5 40.8 49.1 155.1 -34.9% -17.1% 20.1% Gross operating income 664.1 142.1 322.4 464.5 644.1 130.9 135.8 408.1 -12.1% -4.4% 3.8% Net interest income 565.6 120.0 26
Slide 31: Balance sheet
Balance sheet STATEMENT OF BALANCE SHEET 2023 2024 2025 * Y/Y Q/Q (HUF bn) 4Q 3Q 4Q 2Q 3Q Financial assets 1,516.9 1,173.3 1,249.4 1,294.7 1,269.6 8.2% -1.9% Trading portfolio 274.6 222.2 259.1 264.3 276.1 24.3% 4.5% Securities 3,907.2 4,625.6 4,611.7 4,384.6 4,203.6 -9.1% -4.1% Loans and advances t
Slide 32: Adjusted KPIs
Adjusted KPIs KPIs based on adjusted PAT and Balance Sheet 2023 2024 2025 ∆%-p ∆%-p ∆%-p (HUF bn) FY 3Q 1H 9M FY 2Q 3Q 9M Y-Y (Y) Y-Y Q-Q Profitability TRM - Total Revenue Margin 6.25% 4.72% 5.59% 5.29% 5.42% 4.15% 4.36% 4.35% -0.95% -0.36% 0.20% NIM - Net Interest Margin 5.32% 3.99% 4.64% 4.41% 4.2
Slide 33: Unadjusted KPIs
KPIs based on unadjusted PAT (HUF bn) Profi ity TRM - Total Revenue Margin NIM - Net Interest Margin NEM - Net Fee Margin Efficiency C/I - Cost-to-Income Ratio C/A - Cost-to-Total Assets ROAE - Return on Average Equity ROMC- Return on Minimum Capital Required Risk% - Risk Cost Ratio Equity share inf
Slide 34: Unadjusted and adjusted P&L
Unadjusted and adjusted P&L P&L 3Q 2025 Unadjusted Adjusted (HUF bn) P&L P&L Net operating income 49.1 49.1 Gross operating income 159.1 135.8 Net interest income 112.7 112.7 Net fee and commission income 51.1 27.8 Other operating income -4.7 -4.7 FX and FV results -4.8 -4.8 Other income 0.1 0.1 Ope
Slide 35: Changes in the regulatory environment and post-closing events (1)
Changes in the regulatory environment and post-closing events (1) # Changes in 3Q The Government has announced the launch of the Home Start Program. The program, which will start in September, aims to help the purchase of first home. The state-subsidized loan, available for a maximum of HUF 50 milli
Slide 36: Changes in the regulatory environment and post-closing events (2)
Changes in the regulatory environment and post-closing events (2) # Post-closing events On 15 October 2025, the terms and conditions of the energy-efficient home renovation program, which aims to modernize family homes built before 2007, were amended. The maximum 8 amount that can be claimed has inc
Slide 37: Changes in the regulatory environment and post-closing events (3)
Changes in the regulatory environment and post-closing events (3) # Post-closing events On 17 November 2025, the MBH Bank signed a share purchase agreement with OC Magyarország Holding Kft. with Otthon Centrum Holding Kft. as seller to purchase its 80% business share (hereinafter: the Transaction).
Slide 38: Definitions of KPIs
Definitions of KPIs KPI Short description Formulation KPI Short description Formulation Annualised adjusted PAT (HUF bn) Provision/ Provision for customer loans (HUF bn) ROAE Adjusted rate on average equities Provision to Total Assets Average equities (HUF bn) Total Assets Total Assets (HUF bn) Annu
Slide 39: Abbreviations
Abbreviations Secured loans Home Loans + Free-to-Use M ortgages Unsecured loans Personnel loans + Baby loans + Other consumer loans FVTOCI Fair value through OCI FVTPL Fair value through P&L FTE Full time equivalent NPL Non performing loans DPD90+ Days past due over 90 days ROE, ROAE Return on (aver
Slide 40: Disclaimer
Disclaimer BANK Me
Slide 41: Disclaimer
DISCLAIMER This presentation contains or may contain statements that are or may be deemed to be, “forward-looking statements” which are Investor relations prospective in nature. Such statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations. F