Erste Group Bank Ag · VIE:EBS

Erste Group Bank — FY2020 Earnings Presentation

8 slides from Erste Group Bank's earnings presentation, Feb 26, 2021

  1. Slide 1: Press briefing FY 2020 results presentation

    Press briefing FY 2020 results presentation Bernd Spalt, CEO | Stefan Dörfler, CFO 26 February 2021

  2. Slide 2: Solid operating income in Corona-impacted year

    Solid operating income in Corona-impacted year Operating income (EUR mn) Operating expenses (EUR mn) -1.4 % 7,256 7,155 215 204 -1.5 % 294 200 2,000 1,977 4,220 4,283 541 541 1,205 1,159 4,747 4,775 2,537 2,521 2019 2020 2019 2020 Net interest income Net fee and commission income Personnel expenses

  3. Slide 3: Front-loaded approach to risk costs in crisis times

    Front-loaded approach to risk costs in crisis times Risk costs (EUR mn) NPL coverage (in %) NPL ratio (in %) 614 88.6 1,295 77.1 2.5 2.7 425 195 39 62 2019 Q1 Q2 Q3 Q4 2020 Dec 19 Dec 20 Dec 19 Dec 20 3

  4. Slide 4: Risks costs weigh on net profit

    Risks costs weigh on net profit YoY net profit reconciliation (EUR mn) -46.7 % 1,470 101 63 199 783 1,256 76 332 2019 Operating Operating Risk costs Other result Taxes Minorities 2020 income expenses 4

  5. Slide 5: Strong capital position strengthened further

    Strong capital position strengthened further Common equity tier one (CET1) capital ratio (CRR, final) 13.5 % 13.7 % 14.2 % 12.0 % 12.8 % 12.9 % 11.2 % 11.4 % 10.6 % 8.3 % 9.2 % 9.4 % DEC 2009 DEC 2010 DEC 2011 DEC 2012 DEC 2013 DEC 2014 DEC 2015 DEC 2016 DEC 2017 DEC 2018 DEC 2019 DEC 2020 5

  6. Slide 6: Shareholders should receive an appropriate dividend

    Shareholders should receive an appropriate dividend 0.50 per share up to 1.00 per share reserved Management board proposal to the AGM on May 19 For potential payment later in the year In line with the current ECB recommendation Payout possible once current ECB recommendation has been lifted * Payout

  7. Slide 7: CEE countries prove themselves comparatively crisis-resistent

    CEE countries prove themselves comparatively crisis-resistent Significant upswing seen in 2021 GDP 2020e 2021f - 5.6 % + 3.9 % - 5.2 % + 4.0 % - 7.2 % + 3.0 % - 5.1 % + 5.5 % - 3.9 % + 4.2 % - 8.5 % + 4.5 % 7 - 1.1 % + 5.0 %

  8. Slide 8: 2021: a year of upturn and change

    2021: a year of upturn and change Insolvencies Risk costs Profits higher in The future: greener expected nevertheless below 2021 than in 2020 and more digital 2020 level 8

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