Erste Bank Polska S.a. · GPW:EBP
Erste Bank Polska — H1 2025 Earnings Presentation
33 slides from Erste Bank Polska's earnings presentation, Jul 30, 2025
Slide 1: Financial results of Santander Bank Polska Group for H1 2025
Investor Relations Warsaw 30/07/2025 Financial results of Santander Bank Polska Group for H1 2025
Slide 2: Agenda
Index Agenda Results 1. Our activities and our people 2. Our business development 3. Our customers 4. Our financial results for 1H 2025 More information 5. Attachments 2
Slide 3: Our activities and our people
Our activities and our people 01
Slide 4: Our communication
01 | Marketing Our communication Digital & Social media initiatives Our social media now include 9 profiles on 5 social media platforms (Facebook, At Santander Bank Polska, we have been close to our customers. We support our Instagram, Tik Tok, YouTube, LinkedIn). They have attracted 500 thousand cu
Slide 5: Our people
01 | Our activites and our people Our people H&S & Wellbeing ▪ In April, we organised BeHealthy Days, an event dedicated to health awareness and promoting healthy habits. Among the various initiatives were ultrasound screenings conducted at four Improvement of employee experience locations across Po
Slide 6: Our business development
Our business development 02
Slide 7: General operational data
02 | Results for 1H 2025 – Our business development General operational data Key volumes Market share 30.06.2025 Santander Bank Polska Grupa SCB Gross loans 163bn Group 11.3% 12.8%** Branches 308* 31 Deposits 221bn 10.3% 11.0%** Employment 10.0k 1.3k Customer funds 247bn Customers 6.0m 1.4m Digital
Slide 8: Key financial results
02 | Results for 1H 2025 – Our business development Key financial results Financial ratios Capital position Key results Strong capital position, well above the KNF requirements ROE, ROA for continued operations (pro forma): for continued operations : PLN 6 354m PLN 1 472m PLN 8 011m PLN 3 079m TCR 1
Slide 9: Our customers
Our customers 03
Slide 10: Our customers in numbers
03 | Results for 1H 2025 – Our customers Our customers in numbers* Retail customers SME customers Corporate customers 5.4m customers +1% YoY 551k customers +7% YoY 417k customers +18% YoY 27.7k customers 0% YoY 3.4m digital 402k digital +6% YoY +7% YoY 22.1k Digital customers customers +1% YoY custo
Slide 11: New products and services
03 | Results for 1H 2025 – Our customers New products and services Retail customers SME customers Corporate customers ▪ We have launched a promotion with PLN 200 pocket ▪ We have introduced special credit offers: ▪ We have implemented a simplified price money offered for children and teenager accoun
Slide 12: Education and support for customers
03 | Results for 1H 2025 – Our customers Education and support for customers Retail Customers SME Customers BCB customers ▪ We have expanded our mobile app functionalities to ▪ We have launched a deposit service at Euronet ▪ We have launched a digital onboarding path for corporate include, among oth
Slide 13: Selected business data
03 | Results for 1H 2025 – Our customers Selected business data Retail customers SME Customers BCB customers CIB Customers 4.8m +18% YoY 36k +12% +9% YoY +12% YoY +117% YoY +42% YoY Personal Select segment Business Customers Loans volumes Income on eFX Income from accounts customers accounts acquisi
Slide 14: Results for H1 2025
Results for H1 2025 Our financial performance 04
Slide 15: Gross loans
04 | Results for 1H 2025 – Our financial performance Gross loans Comment Gross loans Gross loans - structure PLNm +6%* Santander Bank Polska S.A. ◼ The loan portfolio increased by 6% YoY and 174 345 177 975 180 346 181 527 184 746* 12% +2%QoQ. 8 014 32% ◼ Mortgage loan sales in Q2’25: -11% vs. Q2’24
Slide 16: Customer funds
04 | Results for 1H 2025 – Our financial performance Customer funds Comment Deposits Deposits - structure PLNm +10%* Santander Bank Polska 4% 215 235 217 770 232 029 237 079 237 547* ◼ Deposits +10% YoY and stable QoQ. 6 188 17% ◼ Retail deposits +9% YoY and +4%QoQ 30% ◼ SME deposits +11% YoY and +3
Slide 17: Net interest income and net interest margin
04 | Results for 1H 2025 – Our financial performance Net interest income and net interest margin Comment Net interest income PLN m 3 576 3 625 3 598 3 619* 3 286 ◼ In H1 2025, net interest income totalled PLN 6.4bn and 391 419 424 422 441 increased by 7% YoY. In Q2 2025 alone, net interest income in
Slide 18: Net fee and commission income
04 | Results for 1H 2025 – Our financial performance Net fee and commission income Comment Net fee and commission income PLN m +5% +8% ◼ In H1 2025, net fee and commission income amounted to PLN 1.5bn and increased by 6% YoY and 2% QoQ. 728 744 695 690 ◼ Significant increase in year-on-year dynamics
Slide 19: Income
04 | Results for 1H 2025 – Our financial performance Income Comment Income +6% +10% ◼ The Group's total income in H1’25 amounted to PLN 8bn and PLNm increased by 8% YoY while on quarterly basis, it increased by 2%. 3 957 4 054 ◼ Higher net interest income by 7% YoY and higher net fee and 3 734 3 691
Slide 20: Operating expenses
04 | Results for 1H 2025 – Our financial performance Operating expenses Comment Operating expenses +17% +2% ◼ Total costs in H1 2025 amounted to PLN 2.5bn, an increase of PLNm 10% year-on-year. This is primarily due to higher Bank Guarantee Fund (BFG) fees – PLN 315m in H1 2025 compared 1 367 to PLN
Slide 21: Provisions and credit portfolio quality
04 | Results for 1H 2025 – Our financial performance Provisions and credit portfolio quality Cost of credit risk NPL and NPL coverage ratio 0.70% 0.69% 4.8% 0.58% 0.57% 4.5% 4.4% 4.3% 0.45%* 4.2% 0.33% 3.9%* Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 30.06.2024 30.09.2024 31.12.2024 31.03.2025 30.06.20
Slide 22: Banking tax and regulatory costs NPL sales
04 | Results for 1H 2025 – Our financial performance Banking tax and regulatory costs NPL sales Amounts payable to the BGF, PFSA, KDPW, IPS and BSF PLN m NPL sales PLN m 303 524 307 265 184 219 203 194 189 81 120 107 68 32 13 10 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 1kw. 2024 2kw. 2024 3kw
Slide 23: Results for H1 2025
04 | Results for 1H 2025 – Our financial performance Results for H1 2025 Comment Results for H 1 2025 PLN m ▪ Gross profit in H1 2025 amounted to PLN 4.1bn (+22% YoY), and net profit to PLN 3.1bn (+25% YoY). H1 2025 H1 2024 YoY Net interest and fee income 7 826 7 297 7% ▪ In H1 2025, net interest an
Slide 24: Attachments
Attachments 05
Slide 25: Retail Banking - growth in lending activity
05 | Attachments Retail Banking - growth in lending activity PLNm Cash loans portfolio (gross) Mortgage loans and advances portfolio (gross) SME financing portfolio (Loans & Leasing) (gross) ◼ PLN mortgage loans portfolio +4% YoY ◼ FX mortgage loans portfolio: -46% YoY +7% +5% +2,5% 55 291 FX 54 672
Slide 26: Santander Leasing
05 | Attachments Santander Leasing Portfolio PLNm ▪ Leasing portfolio: PLN 16.2bn, +10% YoY +10% ▪ Excellent result in financing green investments – an increase of 40% YoY, investments value PLN: 444m ▪ Dynamics of financing customers from the SME segment +8% YoY 16 249 15 724 15 534 15 190 14 880 M
Slide 27: Santander Factoring
05 | Attachments Santander Factoring Portfolio Market share +7% 10.5% PLNm 9 045 8 842 8 704 8 436 7 819 * Data as at 30/06/2025 30.06.2024 30.09.2024 31.12.2024 31.03.2025 30.06.2025 ◼ Santander Factoring led on the market in terms of the balance sheet in Turnover Q2 2025, with 7% growth in balance
Slide 28: Capital and liquidity position
05 | Attachments Capital and liquidity position Santander Bank 18.06% 17.31% 17.84% 16.72% Santander Bank Polska S.A. Polska Group L/D ratio Capital ratios 73.70% 74.40% 70.60% 69.53% 70.49% CAR TIER 1 30.06.2025 30.06.2024 30.06.2024 30.09.2024 31.12.2024 31.03.2025 30.06.2025 Santander Bank Santan
Slide 29: Regulatory requirements regarding own funds and eligible liabilities – TLAC/MREL
Regulatory requirements regarding own funds and eligible liabilities – TLAC/MREL MREL TLAC ▪ Pursuant to the decision of the Bank Guarantee ▪ In accordance with Article 92a of the CRR, the minimum TLAC requirement is 18% of total risk exposure amount (TREA) and 6.75% of Fund of April 22, 2025, the M
Slide 30: Key financial ratios
05 | Attachments Key financial ratios Santander Bank Polska Group H1 2025 Key financial ratios H1 2025 H1 2024 continued operations Cost/ income 31,30% 31,10% 30,90% Net interest income/ total income 80.5% 80.5% 79.3% Net interest margin 1) 5.1% 5.23% 4.94% Net fee and commission income/ total incom
Slide 31: Key financial ratios
05 | Attachments Key financial ratios 1. Net interest income annualised on a year-to-date basis (excluding interest income from the portfolio of debt securities held for trading and other exposures related to trading) to average net earning assets as at the end of consecutive quarters after the end
Slide 32: Thank You.
Thank You. Contact details Our purpose is to help people and business prosper. Maciej Reluga CFO, Chief Economist Our culture is based on believing maciej.reluga@santander.pl that everything we do should be: Agnieszka Dowżycka Head of Investor Relations agnieszka.dowzycka@santander.pl
Slide 33: Disclaimer
Disclaimer 1. This presentation may contain forward-looking statements including, without limitation, statements concerning future business development and financial performance. These forward-looking statements: ▪ represent our judgment and future expectations concerning the development of our busi