Bks Bank Ag · VIE:BKS
Bks Bank — Q1 2025 Earnings Presentation
47 slides from Bks Bank's earnings presentation, May 27, 2025
Slide 1: Investor Presentation
Investor Presentation Your business is our passion 1
Slide 2: Agenda
Agenda BKS Bank Group 3 Key Figures 7 Customers & Products 11 Sustainability 14 Income statement 20 Balance Sheet 25 Contacts 39 2
Slide 3: BKS Bank Group
BKS Bank Group BKS Bank
Slide 4: BKS Bank Group
BKS Bank Group • Head Office in Klagenfurt, Austria • Successful business for over 100 years • Independence secured by 3 Banken Group • Stock-listed since 1986 • 63 branches in Austria and abroad • 5 Leasing companies • ~167k retail customers • ~27.8k corporate and business customers • Total assets:
Slide 5: Why BKS Bank?
Why BKS Bank? • Independent strategic decisions • Recognised quality services provider since 1922 • Independence and autonomy within the 3 Banken Group • Outstanding combination of personal advisory services and digital banking products • Our diverse range of products and services appeal to retail c
Slide 6: Shareholder Structure
Shareholder Structure BKS Bank is part of the 3 Banken Group and owned jointly by Oberbank AG and Bank für Tirol und Vorarlberg. The 3 Banken Group is an alliance of three independent regional banks. BKS Bank’s independence is secured by cross shareholdings as well as syndicate agreements. The banks
Slide 7: Key Figures
Key Figures BKS Bank
Slide 8: Key Figures at a Glance
Key Figures at a Glance FY23 FY24 1Q25 Total assets EUR mn 10,673.1 11,072.3 10,952.3 Net interest income EUR mn 248.6 241.6 61.6 Risk provisions EUR mn -38.4 -40.1 -7.4 Profit after tax EUR mn 179.1 163.2 38.7 Return on equity after tax % 10.8 8.8 7.4 Cost-income ratio % 38.7 41.3 44.6 Common equit
Slide 9: Key Figures EUR mn
Key Figures EUR mn Net Profit After Tax 60,1 61,6 38,7 Net interest income 17,3 18,3 Risk provisions 37,3 1Q24 1Q25 -4,6 Fees & commission -7,4 Administrative expenses 1Q24 1Q25 -38,2 -40,5 1Q24 1Q25 At-Equity Income Fees and Commission EUR mn 18,3 17,3 0,3 0,5 3,5 13,4 3,3 0,9 Other services 1,0 5,
Slide 10: Credit Ratings
Credit Ratings S&P assessment Rating Outlook Long-term issuer rating . BBB+ stable (26/08/2024) Mortgage-backed cover pool AAA stable Stand-Alone Credit Profile (SACP) bbb stable 10
Slide 11: Customers & Products
Customers & Products BKS Bank
Slide 12: Independent Universal Bank
Independent Universal Bank BKS Retail Banking Financial Markets Corporate Banking - ~167k retail - Treasury - ~27.8k corporate and customers business customers - Equity investments - Wide range of traditional and Individual solutions for digital products and services - Custodian bank - Export financ
Slide 13: State of the Art Digital Products
State of the Art Digital Products Recently added digital innovations • Launch of the new BKS Bank website • Modern, inclusive appearance • Fullly focused on attracting new customers • Convenient - easy to use • Latest BKS Banking App functionalities • Security order placement • Chat function • Onlin
Slide 14: Sustainability
Sustainability BKS Bank
Slide 15: We are Pioneers in Sustainability
We are Pioneers in Sustainability Results BKS quality and ESG certifications Position within peer group AA Top 2 C+ Top 5% Our Vienna Stock Exchange pioneer position: • We were the first bank in Austria to issue a social and among the first to issue a green Top 20 bond B+ in Austria • We were awarde
Slide 16: We are Green Finance Alliance Founding Member
We are Green Finance Alliance Founding Member • The Alliance is an initiative of the Ministry for Climate Action for a sustainable financial market • Members voluntarily commit to achieve climate neutrality for their core business activities by 2050 Priority goals Photo: Green Finance Alliance • Ali
Slide 17: "Du & Wir Stiftung" Foundation
“Du & Wir Stiftung” Foundation • EUR 500k founding capital under the auspices of Caritas-Stiftung Österreich (Caritas Foundation) • Income from the foundation's capital is Photo: Green Finance Alliance distributed annually to charitable projects. • A percentage of the account management fee of the D
Slide 18: Science-Based Targets to Attain Net Zero
Scienced-Based Targets to Attain Net Zero Science-based climate targets • Target: Greenhouse gas reduction targets in line with goals of the Paris Climate Agreement • For banks, the focus is on financed emissions and Scope 1 and 2 BKS Bank’s science-based targets include: • A decarbonization target
Slide 19: Sustainability Highlights
Sustainability Highlights Volume of sustainable products: Volume of new sustainable loans grew by EUR EUR 1.6bn 11mn yoy in 1Q25 Target for share of women in management “Du & Wir Stiftung” positions exceeded with Caritas Stiftung again at 35.6%1 Österreich: 2,018 accounts opened 23.8% of employees t
Slide 20: Income Statement
Income Statement BKS Bank
Slide 21: Income Statement
Income Statement 60,1 61,6 Profit after tax Stable net interest income: 38,7 37,3 Declining interest rate environment, intense competition narrows margins Net interest Strong fees & commission result: income 13,4 Owed to increased activity in 10,8 payment and securities services. At-equity income 1Q
Slide 22: Income Statement
Income Statement Change 1Q25 vs. 1Q24 EUR mn FY24 1Q24 1Q25 absolute in % Net interest income 241.6 60.1 61.6 1.5 2.5 Risk provisions -40.1 -4.6 -7.4 2.8 60.8 Net interest income after risk provisions 201.5 55.5 54.2 -1.3 -2.3 Fees and commission 70.4 17.3 18.3 1.0 5.9 At-equity income 78.9 10.8 13.
Slide 23: Income and Expenses EUR mn
Income and Expenses EUR mn SG&A 60,1 61,6 40.5 38.2 3,1 2,8 17,3 18,3 13,1 14,9 1Q24 1Q25 -4,6 -7,4 22,3 22,4 -38,2 -40,5 1Q24 1Q25 1Q24 1Q25 Net interest income Risk provisions Fees & commission SG&A Staff OPEX Depreciation/amortisation • Stable 1Q25 interest income, thanks to a EUR 5mn dividend fr
Slide 24: 1Q25 Segment Results EUR mn
1Q25 Segment Results EUR mn 62 Corporate Banking 45 Retail Banking Result of „Other“ Segment dominated by one-off taxes 36 Financial Markets • Austrian special bank levy 22 Other • EUR 2.8mn for FY25 fully recognized in 1Q25 statement • No further costs from this position in FY25 • „Normal“ Austrian
Slide 25: Balance Sheet
Balance Sheet BKS Bank
Slide 26: Assets
Assets Change 1Q25 vs. FY24 EUR mn FY23 FY24 1Q25 absolute in % Cash and balances with the central bank 584.5 963.9 668.0 -295.9 -30.7 Loans and advances to banks 186.8 38.9 47.1 8.2 21,2 Loans and advances to customers (net) 7,411.7 7,441.4 7,564.4 123.0 1.7 Debt securities and other fixed-income 1
Slide 27: Our Customer Loan Portfolio is Well Diversified Across Sectors
Our Customer Loan Portfolio is Well Diversified Across Sectors 0% 10% 20% Retail Real estate Construction Manufacturing of goods Other Trade, vehicle maintenance Free-lancers, academics 1Q25 FY24 Financial and insurance services Heathcare and social professions Transport and logistics Administration
Slide 28: Strong Position in our Home Market
Strong Position in our Home Market Regional Breakdown by Banking and Leasing Businesses as at 31/03/2025 EUR bn 0 2 4 6 8 Total AT SI HR Bank Leasing SK Other 28
Slide 29: Loans Within the Group
Loans Within the Group (expected credit loss-model) By Stage EUR bn NPL Ratio 3,2% 3,2% 6 4 2,9% 2 0 FY23 FY24 1Q25 FY23 FY24 1Q25 Stage 1 Stage 2 Stage 3 Forborne NPL = non-performing loans The NPL ratio corresponds to the EBA computation The quality of loans to customers is presented based on stag
Slide 30: Loans in Austria
Loans in Austria By Stage EUR bn NPL Ratio 3,8% 3,7% 4 3,2% 2 0 FY23 FY24 1Q25 FY23 FY24 1Q25 Stage 1 Stage 2 Stage 3 30
Slide 31: Loans Abroad by Stage EUR mn
Loans Abroad by Stage EUR mn FY23 FY24 1Q25 800 600 400 200 0 SI HR SK Other SI HR SK Other SI HR SK Other 31
Slide 32: Our Regional Risk Diversification
Our Regional Risk Diversification NPL in EUR mn - Regional Distribution Coverage Ratio I SK Other 100% HR The relatively low value of the coverage ratios is due to the high degree of collateralisation of SI customer loans. 50% (Coverage ratio I = specific impairment provision/ exposure at default (E
Slide 33: Coverage Ratios by Customer Segment and Product Group
Coverage Ratios by Customer Segment and Product Group as at 31/03/2025 Corporate Customers Retail Customers 200 8 100% 100% 6 100 4 50% 50% 2 0% 0 0% 0 One-time Cash Overdrafts Leasing Other Housing loans Leasing Other consumer The relatively low value of coverage ratio I is due to the high degree o
Slide 34: Asset Quality by Rating Class
Asset Quality by Rating Class Credit Quality by Class of Receivable as at 31/03/2025 Risk position by rating AA-A1 1a-1b 2a-2b 3a-3b 4a-4b 5a-5c No rating EUR mn Loans and advances 203.8 1,648.7 2,963.8 2,160.4 466.3 265.5 2.2 customers Loans to advances to banks 17.3 24. 6 0 0 – – – Credit risks fr
Slide 35: Equity and Liabilities
Equity and Liabilities Change 1Q25 vs. FY24 EUR mn FY23 FY24 1Q25 absolute in % Deposits from banks 832.4 847.9 737.3 -110.6 -13.0 Deposits from customers 6,744.6 6,934.3 6,903.6 -30.7 -0.4 Debt securities issued 822.8 873.7 836.8 -36.9 -4.2 Subordinated debt 265.0 269.4 284.8 15.4 5.7 Provisions 15
Slide 36: Liabilities
Liabilities Development of Primary Funds EUR bn 6,0 3,0 0,0 FY23 FY24 1Q25 Sight and term deposits Savings deposits Securitised liabilities incl. subordinared capital Note: Savings refer only to deposits on savings passbooks. 36
Slide 37: Mortgage Cover Pool
Mortgage Cover Pool Cover Pool Covered Bonds Outstanding Coverage 549mn Outstanding Covered Bonds EUR 392mn Quantity 3.955 Quantity 23 ᴓ Amount ~EUR 135k ᴓ Amount ~EUR 17.04mn ᴓ Weighted Average Life 11.03 years ᴓ Weighted Average Life 7.75 years Percentage Over-collateralization 40.05% Nominal Over
Slide 38: Mortgage Cover Pool
Mortgage Cover Pool Primary Coverage by Primary Coverage by Credit Volume Primary Coverage by Seasoning Austrian Province (EUR mn per Loan) ≤ ≤ ≤ ≤ ≤ Data as at 31/03/2025 38
Slide 39: Contacts
Contacts BKS Bank
Slide 40: Contacts
Contacts Mag. Nikolaus Juhász Claudia Höller, MBA Chairman of the Management Board Member of the Management Board Mag. Philipp Chladek Ferdinand Pinkelnig Investor Relations Treasury & Financial Institutions investor.relations@bks.at +43 664 805 567 025 ferdinand.pinkelnig@bks.at 40
Slide 41: Disclaimer
This document is based on carefully compiled information. All of the information comes from sources considered reliable by the publisher and author. No responsibility is assumed for the completeness, accuracy or up-to-date status of the sources used. This document and its contents do not constitute
Slide 42: Your business is our passion
Your business is our passion 42
Slide 43: Backup slides
Backup slides 43 BKS Bank
Slide 44: Over 100 Years of History
Over 100 Years of History 1922 1960s Founding Launch of retail 1998 year banking Expansion 1980s 2010s 1930s to 1950s abroad International Expansion into group, First Styria market entry expansion Initial public Slovakia offering 1928 2000s Transformation 1970s New logo into joint-stock 1953 Expansi
Slide 45: Key Figures in EUR mn
Key Figures in EUR mn Net Profit After Tax 248,6 241,6 179,1 163,2 156,6 68,2 70,4 Net interest income 64,9 63,6 Risk provisions FY22 FY23 FY24 -25,9 -38,4 -40,1 Net fee and commission income FY22 FY23 FY24 -136,0 Administrative -153,3 -161,6 expenses FY22 FY23 FY24 At-Equity Income Fees and Commiss
Slide 46: Income Statement
Income Statement 248,6 BKS Bank achieved a profit after tax of 241,6 EUR 163.2mn in FY 2024, which was only slightly lower than the record level 179,1 reported for the preceding year. This 163,2 Profit after tax excellent result was supported by an 156,6 extraordinarily strong fees and commission in
Slide 47: Income and Expenses in EUR mn
Income and Expenses in EUR mn SG&A 248,6 241,6 156,6 161.6 153.3 12,3 136.0 11,0 68,2 64,9 70,4 10,7 48,5 59,9 44,1 FY22 FY23 FY24 -25,9 -38,4 -40,1 93,8 89,4 81,2 -136,0 -153,3 -161,6 FY22 FY23 FY24 FY22 FY23 FY24 Net interest income Risk provisions Fees & Commissions SG&A Staff OPEX Depreciation/a