Erste Group Bank Ag · VIE:EBS
Erste Group Bank — Q2 2026 Earnings Presentation
51 slides from Erste Group Bank's earnings presentation, Jul 30, 2026
Slide 1: Q2 26 results presentation
Q2 26 results presentation Vienna, 30 July 2026 Erste Group cruises along the growth path, defines financial ambition to 2030 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 growth + cost control = record operating and net profit
EXECUTIVE SUMMARY: P&L PERFORMANCE Revenue growth + cost control = record operating and net profit QoQ net profit development (inc EBP) YTD net profit development (inc EBP) in EUR m in EUR m +24.8% +18.6% 57 90 831 132 1,096 296 401 2,290 6 136 879 81 312 301 1,975 1,665 Q1 26 Operating Operating Ri
Slide 5: Strong business performance results in record ROTE
EXECUTIVE SUMMARY: P&L DASHBOARD Strong business performance results in record ROTE1 Net interest margin Cost/income ratio Risk cost ratio2 in % in % in bps 68 G26: <45% G26: 25-30 bps 2.64* 2.64 2.42 2.46 2.36 49.3 47.5 27 46.7 24 20 45.0 17 43.9 Q2 25 Q3 25 Q4 25 Q1 26 Q2 26 Q2 25 Q3 25 Q4 25
Slide 6: Lockstep increase in customer loans and deposits
EXECUTIVE SUMMARY: BALANCE SHEET PERFORMANCE Lockstep increase in customer loans and deposits YTD total asset development (inc EBP) YTD equity & total liability development (inc EBP) in EUR bn in EUR bn +25.1% 461.1 461.1 4.4 1.9 7.0 4.0 4.2 50.7 70.7 7.0 368.6 32.3 368.6 4.3 3.8 2.3 31/12/25 Cash T
Slide 7: Excellent balance sheet metrics
EXECUTIVE SUMMARY: BALANCE SHEET DASHBOARD Excellent balance sheet metrics1 Loan/deposit ratio Loan & deposit growth2 Asset quality in % yoy, in % in % 30.2 73.6 73.7 27.9 69.7 G26: 6-8% 67.9 68.4 92.0 91.7 90.1 87.6 87.3 25.2 26.2 2.5 2.5 2.4 2.4 2.3 6.0 6.8 6.4 3.4 3.4 4.7 Q2 25 Q3 25 Q4 25 Q1
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: Only minor tweaks in 2026 CEE growth outlook, 2027 stable
MACROECONOMIC AND BUSINESS UPDATE: ECONOMIC FORECASTS * Only minor tweaks in 2026 CEE growth outlook, 2027 stable Real GDP growth Consumer price inflation Unemployment rate 2026 in % avg, in % avg, in % 2027 8.7 8.6 8.3 4.0 3.6 2.9 2.9 2.7 2.5 6.3 6.3 2.3 2.2 6.2 2.2 2.1 6.0 5.8 5.8 5.8 1.7 5.6 1.7
Slide 10: Strong retail loan growth continues
MACROECONOMIC AND BUSINESS UPDATE: RETAIL BUSINESS Strong retail loan growth continues Retail loan growth (ex EBP) accelerates in Q2 26 Gross retail loans by product * − Yoy better growth in housing loans, qoq balanced growth in EUR bn − Fastest yoy, qoq growth in housing loans in HU, HR and CZ +7.8
Slide 11: Corporates & Markets performs well
MACROECONOMIC AND BUSINESS UPDATE: CORPORATES & MARKETS BUSINESS Corporates & Markets performs well Corporates loan momentum strong, operating profit up yoy Net loan stock of Corporates segment − Net loans rise by 7.0% yoy and 3.0% qoq, underpinned by investment loans as well as working capital and
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: +7.7% yoy (ex EBP), +2.6% qoq
OPERATING TRENDS: NET LOAN STOCK AND GROWTH (SEGMENT VIEW) Customer loan growth: +7.7% yoy (ex EBP), +2.6% qoq Net loan stock Growth rates Retail and Corporates exhibit healthy growth in Q2 26 − Yoy growth (ex EBP) well balanced, with Retail segment volumes up 224.0 2.6% by 8.9% and Corporates growi
Slide 14: Customer deposit growth: +6.4% yoy (ex EBP), +2.8% qoq
OPERATING TRENDS: CUSTOMER DEPOSIT STOCK AND GROWTH (SEGMENT VIEW) Customer deposit growth: +6.4% yoy (ex EBP), +2.8% qoq Customer deposits Growth rates Erste Group benefits from favourable deposit mix – overweight retail, sight, local currency deposits 248.5 2.8% Group 314.8 30.2% 323.7 Key Q2 26 d
Slide 15: NII performance: +5.7% yoy (ex EBP), +1.5% qoq
OPERATING TRENDS: NET INTEREST INCOME (NII) AND NET INTEREST MARGIN (NIM) NII performance: +5.7% yoy (ex EBP), +1.5% qoq Net interest income Net interest margin * NII (ex EBP) tops EUR 2bn − NII (ex EBP) up 5.7% yoy with increase driven by AT, HU, CZ and 1,914 2.36% SK, supported by loan growth & de
Slide 16: Net fee income performance: +10.4% yoy (ex EBP), -0.1% qoq
OPERATING TRENDS: NET FEE AND COMMISSION INCOME Net fee income performance: +10.4% yoy (ex EBP), -0.1% qoq Net fee income by segment (inc EBP) Net fee income by fee type (inc EBP) in EUR m in EUR m +26.6% -0.1% 965 964 965 964 29 7 30 8 19 13 36 9 850 94 850 89 101 88 762 798 37 10 Other 798 17 14 6
Slide 17: Operating expense performance: +1.8% yoy (ex EBP), -0.3% qoq
OPERATING TRENDS: OPERATING EXPENSES Operating expense performance: +1.8% yoy (ex EBP), -0.3% qoq Operating expenses by segment (inc EBP) Operating expenses by type (inc EBP) in EUR m in EUR m +29.7% -0.3% 1,771 1,766 1,771 1,766 79 25 51 142 Residual other admin 157 1,515 72 27 Other 1,515 48 3 95
Slide 18: Record operating result: +13.9% yoy (ex EBP), +4.0% qoq
OPERATING TRENDS: OPERATING RESULT AND COST/INCOME RATIO (CIR) Record operating result: +13.9% yoy (ex EBP), +4.0% qoq Operating result (inc EBP) Cost/income ratio (inc EBP) in EUR m in % +49.8% 2,254 2,167 76 12 Other 78 13 194 RS 121 73 145 143 160 HR 1,557 1,505 24 1,556 10 14 159 HU 16 74 328 16
Slide 19: Risk costs at moderate 20 bps (inc EBP)
OPERATING TRENDS: CREDIT RISK/RISK COSTS Risk costs at moderate 20 bps (inc EBP) Risk costs by segment1 (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 20 144 15 17 97 136 CZ 9 6 PL AT/OA AT/SB 2021 2022 2023 2024 2025 Q2 25 Q3 25 Q4 25 Q1 26 Q2 26 A
Slide 20: Asset quality metrics (exc & inc EBP) at excellent levels
OPERATING TRENDS: CREDIT RISK/ASSET QUALITY Asset quality metrics (exc & inc EBP) at excellent levels NPL ratio NPL coverage ratio NPL ratio and NPL coverage improve slightly qoq − PL: lower EBP NPL ratio than locally reported due to fair valuing 2.5 in % 73.6 in % portfolio at first-time consolidat
Slide 21: Other result down yoy (ex EBP), up qoq
OPERATING TRENDS: OTHER RESULT Other result down yoy (ex EBP), up 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 0 SK -76 -88 RO -87 -8 -25 -141 CZ -8 -25 -138 PL -251 AT/OA -138 AT/SB AT/EBOe -195 -195 Q2 25 Q3
Slide 22: Quarterly net profit tops EUR 1 bn for the first time, ROTE at 22.1%
OPERATING TRENDS: NET RESULT, EARNINGS PER SHARE (EPS) & RETURN ON TANGIBLE EQUITY (ROTE) Quarterly net profit tops EUR 1 bn for the first time, ROTE at 22.1% Net result by segment (inc EBP) EPS & ROTE (inc EBP) in EUR m in EUR +19.0% 1,096 Other 22.1% 944 921 901 879 RS 18.0% 18.1% HR 17.1% 16.0% H
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 461.1 deposit base is k
Slide 25: Successful execution of 2026 funding plan
WHOLESALE FUNDING AND CAPITAL: LONG TERM FUNDING Successful execution of 2026 funding plan Maturity profile of debt 10.5 in EUR bn 8.5 6.8 7.2 6.1 3.5 2.1 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+ Senior unsec. bonds Senior non-preferred bonds Covered
Slide 26: Regulatory capital climbs on strong profitability
WHOLESALE FUNDING AND CAPITAL: CAPITAL AND RISK-WEIGHTED ASSETS (RWA) Regulatory capital climbs on strong profitability Basel 3 capital (phased-in) Risk-weighted assets (phased-in) +1.8% in EUR bn in EUR bn 183.5 186.9 5.8 5.8 +4.4% 152.6 151.1 27.5 27.5 147.5 5.4 5.0 4.6 21.1 21.1 22.3 36.5 35.8 37
Slide 27: Back to capital accumulation mode
WHOLESALE FUNDING AND CAPITAL: COMMON EQUITY TIER 1 (CET1), TIER 1 AND TOTAL CAPITAL RATIOS Back to capital accumulation mode CET 1 ratio development Basel 3 capital ratios (reported, phased-in) in % in % 24.8 19.34 22.6 23.0 21.7 4.55 19.9 19.8 20.0 19.3 19.5 0.20 0.13 15.24 17.4 17.5 14.79 0.57 0.
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 upgraded: reported net profit > EUR 4bn, ROTE > 20%
FINANCIAL OUTLOOK (2026) 2026 outlook upgraded: reported net profit > EUR 4bn, ROTE > 20% 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 +6-8% ~290bn Supported by robust growth dynamics
Slide 30: Erste Group aims to double EPS by 2030, targets EPS CAGR of ~15%
FINANCIAL OUTLOOK TO 2030: DEFINITION OF MEDIUM-TERM FINANCIAL AMBITION Erste Group aims to double EPS by 2030, targets EPS CAGR of ~15% From adjusted 2025 EPS baseline of EUR 7.72 (reported EUR 8.24) to > EUR 15 in 2030 − Based on 2025 reported net profit of EUR 3,510m adjusted for AT1 dividend (EU
Slide 31: 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 31
Slide 32: 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: 23.2m Czech Republic Poland Slovakia Employees: 55,231 Customers: 4.6m Customers: 6.2m Customers: 1.9m Branches: 2,065 Employees: 9,175 Employees: 10,222 Employees: 3,471 Branches
Slide 33: 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 34: 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 21.9% 24.7% 25.0% 22.6% AT 22.4% AT 24.7% AT 24.9% AT 22.6% 10.7% 9.8% 12.5% 9.8% PL 10.6% PL 9.4% PL 12.5% PL 9.3% 10.6% 9.3% 12.4% 10.4% 27.0% 24.3% 22
Slide 35: 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 1-6 25 1-6 26 YOY-Δ Q2 25 Q1 26 Q2 26 YOY-Δ QOQ-Δ Net interest income 3,786.4 5,386.4 42.3% 1,914.4 2,673.8 2,712.6 41.7% 1.5% Interest income 7,037.4 8,355.0
Slide 36: 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 Jun 25 Sep 25 Dec 25 Mar 26 Jun 26 YOY-Δ YTD-Δ QOQ-Δ Cash and cash balances 27,652 25,345 27,573 26,850 23,757 -14.1% -13.8% -11.5% Financial assets held for tr
Slide 37: 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 Jun 25 Sep 25 Dec 25 Mar 26 Jun 26 YOY-Δ YTD-Δ QOQ-Δ Financial liabilities held for trading 2,729 2,538 2,412 4,975 4,732 73.4% 96.2% -4.9% Derivatives
Slide 38: Reconciliation of quarterly results: reported vs. pro-forma Q2 26
APPENDIX: ERSTE GROUP FINANCIALS/PROFIT AND LOSS ACCOUNT Reconciliation of quarterly results: reported vs. pro-forma Q2 26 * Q1 26 Q2 26 Q2 26 1-6 26 pro-forma pro-forma pro-forma pro-forma in EUR million Q1 25 Q2 25 excl. EBP excl. EBP vs Q2 25 vs 1-6 25 Net interest income 1,872 1,914 1,993 2,023
Slide 39: 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 Q2 2026 YE 2026 2024 YE 2025 Q2 2026 YE 2026 Pillar 1 CET1 requirement 4.5
Slide 40: 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 41: 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 % 44.10% resolution approach − In Q2 25, Erste Group Bank AG received its MREL requ
Slide 42: 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) 223 ~2,000 – 3,000 in EUR bn, in EUR m 98 as of Jun 2026 90 79 ~1,000-1,600 33 29 28 25 17 18 ~500-650 ~400-550 13 ~400-550 11 ~300-400 ~300-400 8
Slide 43: 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 in EUR bn 287.3 1% 2% 0% 1% 1% Other Other 280.1 0.3 15% 0.2 1% 1% CHF 27% Savings banks 24% 3.8 4.0 33% 5.
Slide 44: Real estate snapshot
APPENDIX: CREDIT RISK/EXPOSURE HIGHLIGHT: REAL ESTATE (RE) Real estate snapshot Well diversified portfolio, still some market-specific headwinds in Austria − Polish portfolio supports diversification, PL the second largest market outside AT − Share of exposure related to AT-focused residential real
Slide 45: 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 +41.5% 98.5 94.0 2% 2% 4% 20.2 9% 6% 19.0 17% 69.6 6% 1% 20.1 2.9 20.8 16.1 1.8 3.0 3.0 2.1 EUR 98.5
Slide 46: 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 47: 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 239.7bn exposure New specific purpose Sustainable Financing1 Committed amount (total), Jun 2026 in EU
Slide 48: 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 6.08% Sparkassen Beteiligungs 1.93% 5.05% 0.25% GmbH & Co KG 0.25% 3.31% 3.31% 12.59% Foundations Wiener Städtische 17.31% Austria 32.65% Versicherungs
Slide 49: 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 50: Geographical/operating and business segment view
APPENDIX: SEGMENT REPORTING STRUCTURE Geographical/operating and business segment view 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 Austria Republic −
Slide 51: 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