Bursa De Valori Bucuresti · BVB:BVB
Bursa De Valori Bucuresti — Q1 2026 Earnings Presentation
15 slides from Bursa De Valori Bucuresti's earnings presentation, 2026
Slide 1: BVB Q1 2026 Quarterly Results
BVB Q1 2026 Quarterly Results Own the future. Invest in it.
Slide 2: Bucharest Stock Exchange (BVB) Stock
Bucharest Stock Exchange (BVB) Stock Indicator BVB BVB vs BET index (5 years, rebased) ISIN ROBVBAACNOR0 350 Refinitiv ROBVB.BX 325 BVB Indicele BET Bloomberg BVB.RO 300 Share price (March 31, 2026) EUR 9.26 / RON 47.20 275 Market Cap (March 31, 2026) EUR 81.96 mn / RON 417.92 mn 250 +148% No. of sh
Slide 3: Trading evolution in Q1 2026
Trading evolution in Q1 2026 Trading value for shares, rights, units, certificates (RON bn) Trading value, Main Market, shares – Regular (RON bn) +208% +180% yoy yoy 8.76 7.32 5.79 5.65 4.70 4.24 4.42 4.78 4.92 3.84 3.85 4.35 4.21 4.05 3.52 3.52 2.61 2.85 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26
Slide 4: Key updates on Q1 and expectations for Q2
Key updates on Q1 26 and expectations for Q2 26 • Strong trading activity in Q1 2026 ▪ Trading activity accelerated sharply with nearly RON 14 bn total turnover, up 40% y/y; Equity turnover of RON 7.8 bn up by almost 200%; The number of trades also stood out with almost 920k trades, up by 81% y/y, s
Slide 5: Highlights – Q1 2026 Financials
Highlights – Q1 2026 Financials Consolidated Q1 26 vs Q1 25 (RON mn) Standalone Q1 26 vs Q1 25 (RON mn) 70% 105% Very strong quarter in terms of operating revenues, at individual 28.11 15.98 16.53 7.81 level, driven by 170% increase in trading revenues, supported by positive developments in market d
Slide 6: Q1 2026 key financial highlights
Q1 2026 key financial highlights Financial performance, BVB standalone and BVB Group (RON mn, unless otherwise stated) BVB standalone BVB Group Variation Variation Q1 2026 Q1 2025 (%) Q1 2026 Q1 2025 (%) Operating revenue 15.98 7.81 105% 28.11 16.53 70% Operating expenses (7.35) (6.61) 11% (19.87) (
Slide 7: Q1 2026 Financial Results - BVB standalone
Q1 2026 Financial Results - BVB standalone BVB standalone Main financial indicators, YTD evolution (RON mn) 15.98 8.64 7.35 7.47 7.81 6.61 1.20 0.21 3M 2026 3M 2025 -2.45 -3.45 Operating revenues Operating expenses Operating profit Financial Result Net profit Operating revenues at standalone level r
Slide 8: Q1 2026 Financial Results - BVB Group
Q1 2026 Financial Results - BVB Group BVB Group - Main financial indicators - Q1 2026 (RON mn) 28.11 19.87 17.84 16.53 8.24 7.21 1.23 -1.31 0.26 3M 2026 3M 2025 -1.19 Operating revenues Operating expenses Operating profit Financial Result Net profit Consolidated operating revenues significantly incr
Slide 9: Operating revenues - BVB Group
Operating revenues - BVB Group Distribution of operating revenues and operating profit, by segment, Q1 2026 (RON mn) • The share of trading segment in Q1 2026 in Group’s operating revenues has 20.00 15.85 increased to 56%, out of which trading revenues represent 78% (up 10pp 15.00 compared to Q4 202
Slide 10: Operating expenses breakdown – BVB standalone
Operating expenses breakdown – BVB standalone BVB standalone Third party services, Q1 2026 (%) Breakdown of operating expenses, (RON mn) 4.40 Other third party 3.60 services; 34% Audit services; 34% 2.19 2.17 0.76 0.84 Business development third parties 3M 2026 3M 2025 services; 5% Promotion Commiss
Slide 11: Operating expenses breakdown – BVB Group
Operating expenses breakdown – BVB Group Group Breakdown of operating Group third party services, Q1 2026 (%) Group other operating expenses, Q1 2026 (%) expenses, (RON mn) Consultancy 10.30 services Other expenses, Rent and office 8% Audit services 9% utilities, 7% 8.57 Swift and 9% transactions IT
Slide 12: Overview of Financial position at the end of Q1 2026
Overview of Financial position at the end of Q1 2026 Financial position, BVB standalone and BVB Group (RON mn, unless otherwise stated) BVB Standalone BVB standalone BVB Group Total assets increased by 19% compared to year end 2025 up to RON 165 mn, Financial Position mainly driven by increase in op
Slide 13: Overview on BVB share
Overview on BVB share BVB share price and average daily trading value 70 65.6 0.60 60 0.50 47.2 50 40.9 40.9 0.40 40 35.3 0.30 30 0.20 20 10 0.10 - - 2022 2023 2024 2025 T1 2026 Average trading value (RON mn) Closing price EGMS from April 29, 2026 approved the distribution of a stock dividend from t
Slide 14: Q&A – IR contact
Q&A IR contact E-mail: ir@bvb.ro Phone: +40 21 307 95 07 Own the future. Invest in it.
Slide 15: Disclaimer
Disclaimer This presentation is made solely to the intended recipient and should not be distributed to, or acted upon by, any other person. It is for general information only and reflects the personal views of the presenter. Nothing herein is intended to constitute advice on investment, legal or tax
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