Bks Bank Ag · VIE:BKS
Bks Bank — Investor Presentation (2025)
49 slides from Bks Bank's investor presentation, 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 13 Sustainability 17 Income statement 23 Balance Sheet 27 Contacts 41 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 • Listed since 1986 • 63 branches in Austria and abroad • 5 Leasing companies • ~167k retail customers • ~28k corporate and business customers • Total assets: EUR 11.
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 appeals to retail
Slide 6: Shareholder Structure
Shareholder Structure BKS Bank is part of the 3 Banken Group owned jointly with Oberbank AG and Bank für Tirol und Vorarlberg. The 3 Banken Group is an alliance of three independent regional banks. Mutual shareholdings and a shareholder structure secured by syndicate agreements also ensures BKS Bank
Slide 7: Key Figures
Key Figures BKS Bank
Slide 8: Key Figures at a Glance
Key Figures at a Glance FY22 FY23 FY24 Total assets (in EUR mn) 10,533.0 10,673.1 11,072.3 Net interest income (in EUR mn) 156.6 248.6 241.6 Risk provisions (in EUR mn) -25.9 -38.4 -40.1 Profit for the year/period after tax (in EUR mn) 63.6 179.1 163.2 Return on equity after tax (in %) 4.2 10.8 8.8
Slide 9: 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 10: Low CIR Bolsters CET1 Ratio
Low CIR Bolsters CET1 Ratio 60% 15% 55% 14% 50% 45% 13% 40% 35% 12% FY22 FY23 FY24 CIR CET1 ratio (right) 10
Slide 11: Interest Income and ROE Benefit from Interest Rate Normalization
Interest Income and ROE Benefit from Interest Rate Normalization Net Interest Income in EUR mn • Interest income was much higher 241,6 than interest expenses 248,6 • Other operating income benefitted from the fact that no contributions 156,6 had to be made to the deposit insurance scheme and the res
Slide 12: 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 12
Slide 13: Customers & Products
Customers & Products BKS Bank
Slide 14: Independent Universal Bank
Independent Universal Bank BKS Retail Banking Financial Markets Corporate Banking - ~167k retail - Treasury - ~28k corporate and customers business customers - Equity investments - Wide range of traditional and Individual solutions for digital products and services - Custodian bank - Export finance
Slide 15: Corporate Banking Contributes Substantially to Profitability
Corporate Banking Contributes Substantially to Profitability 241 13 187 79 Financial Markets 81 Other Retail Banking 41 Corporate Banking 70 150 31 77 39 -12 in EUR mn Net interest income Fees & commission Profit before tax as at 31/12/2024 15
Slide 16: Modern Digital Products
Modern Digital Products Recently added digital innovations • Opening securities accounts incl. end-to-end credentials • Latest BKS Banking App functionalities • Security order placement • Chat function • Online shop for FX ordering, etc. • Rollout of the BKS banking app in Slovakia • Digital opening
Slide 17: Sustainability
Sustainability BKS Bank
Slide 18: 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% We are pioneers on the Vienna Stock Exchange • We were the first bank in Austria to issue a social bond Top 20 • We were among the first banks to issue a B+ in Austria green bon
Slide 19: 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 20: "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 21: 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 is one of the first three banks in Austria to aim for shor
Slide 22: Sustainability Highlights
Sustainability Highlights Volume of sustainable products: EUR 1.6bn, Volume of new sustainable Loans: EUR 270 m increase by 14.3% Target for share of women in management “Du & Wir Stiftung” positions surpassed with Caritas Stiftung again at 35.6% Österreich: 1,634 accounts opened 23.8% of employees
Slide 23: Income Statement
Income Statement BKS Bank
Slide 24: 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 25: Income Statement Change FY23 versus FY24
Income Statement Change FY23 versus FY24 in EUR mn FY22 FY23 FY24 absolute in % Net interest income 156.6 248.6 241.6 -7.0 -2.8 Risk provisions -25.9 -38.4 -40.1 1.8 4.6 Net interest income after risk provisions 130.7 210.3 201.5 -8.8 -4.2 Fees and commission 68.2 64.9 70.4 5.5 8.4 At-equity income
Slide 26: 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
Slide 27: Balance Sheet
Balance Sheet BKS Bank
Slide 28: Assets
Assets Change FY23 versus FY24 in EUR mn FY22 FY23 FY24 absolute in % Cash and balances with the central bank 849.0 584.5 963.9 379.4 64.9% Receivables from financial institutions 253.6 186.8 38.9 -147.9 -79.2% Receivables from customers (net) 7,175.3 7,411.7 7,441.4 29.7 0.4% Debt securities and ot
Slide 29: Our Customer Loan Portfolio is Widely Diversified Across Sectors
Our Customer Loan Portfolio is Widely Diversified Across Sectors 0% 10% 20% Retail Real estate Construction Manufacturing of goods Other Trade, vehicle maintenance Free-lancers, academics Financial and insurance services Heathcare and social professions Transport and logistics Administration, defens
Slide 30: Strong Position in our Home Market
Strong Position in our Home Market Regional Breakdown by Banking and Leasing Businesses as at 31/12/2024 in EUR bn 0 2 4 6 8 Total AT SI HR Bank Leasing SK Other 30
Slide 31: Loans Within the Group
Loans Within the Group (expected credit loss-model) By Stage (in EUR bn) NPL Ratio 3,2% 2,9% 6 4 2,1% 2 0 FY22 FY23 FY24 Stage 1 Stage 2 Stage 3 Forborne FY22 FY23 FY24 NPL = non-performing loans The NPL ratio corresponds to the EBA computation The quality of loans to customers is presented based on
Slide 32: Loans in Austria
Loans in Austria By Stage (in EUR bn) NPL Ratio 3,8% 4 3,2% 1,9% 2 0 FY22 FY23 FY24 FY22 FY23 FY24 Stage 1 Stage 2 Stage 3 32
Slide 33: Loans Abroad by Stage
Loans Abroad by Stage (in EUR mn) FY22 FY23 FY24 800 600 400 200 0 SI HR SK Other SI HR SK Other SI HR SK Other 33
Slide 34: Our Regional Risk Diversification
Our Regional Risk Diversification NPL in EUR mn - Regional Distribution Coverage Ratio SK Other 100% HR The relatively low value of the coverage ratios is due to the high degree of collateralisation of SI 50% customer loans. (Coverage ratio I = specific impairment allowance/ exposure at default (EAD
Slide 35: Coverage Ratios by Customer Segment and Product Group
Coverage Ratios by Customer Segment and Product Group as at 31/12/2024 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 36: Asset Quality by Rating Class
Asset Quality by Rating Class Credit Quality by Class of Receivable as at 31/12/2024 Risk position by rating AA-A1 1a-1b 2a-2b 3a-3b 4a-4b 5a-5c No rating in EUR mn Receivables from customers 196.8 1,593.2 2,953.0 2,141.0 432.7 269.3 2.0 Receivables from financial institutions 22.3 16.6 0.1 0.0 - -
Slide 37: Equity and Liabilities
Equity and Liabilities Change FY23 versus FY24 in EUR mn FY22 FY23 FY24 absolute in % Payables to financial institutions 931.0 832.4 847.9 15.5 1.9 Payables to customers 6,823.8 6,744.6 6,934.3 189.7 2.8 Securitised liabilities 783.6 822.8 873.7 50.9 6.2 Subordinated debt 264.7 265.0 269.4 4.4 1.7 P
Slide 38: Liabilities
Liabilities Development of Primary Funds (in EUR bn) 6 3 0 FY22 FY23 FY24 Sight and term deposits Savings deposits Securitised liabilities incl. subordinared capital Note: Savings refer only deposits on savings passbooks. 38
Slide 39: Mortgage Cover Pool
Mortgage Cover Pool Cover Pool Covered Bonds Outstanding Coverage 542mn Outstanding Covered Bonds EUR 392mn Quantity 3911 Quantity 23 ᴓ Amount ~EUR 138,583 ᴓ Amount ~EUR 17.04mn ᴓ Weighted Average Life 11.38 years ᴓ Weighted Average Life 7.97 years Percentage Overcollateralization 38.26% Nominal Ove
Slide 40: Mortgage Cover Pool
Mortgage Cover Pool Primary Coverage by Province Primary Coverage by Credit Volume Primary Coverage by Seasoning (in EUR mn per Loan) ≤ ≤ ≤ ≤ ≤ Data as at 31/12/2024 40
Slide 41: Contacts
Contacts BKS Bank
Slide 42: Contacts
Contacts Nikolaus Juhász Claudia Höller Chairman of the Management Board Member of the Management Board Philipp Chladek Ferdinand Pinkelnig Investor Relations Treasury & Financial Institutions investor.relations@bks.at +43 664 805 567 025 ferdinand.pinkelnig@bks.at 42
Slide 43: 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 44: Your business is our passion
Your business is our passion 44
Slide 45: Backup slides
Backup slides 45 BKS Bank
Slide 46: 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 47: Key success factors
Key success factors • Corporate and Business Banking has always been a mainstay of business at BKS Bank. Our deep level of expertise and wide range of services make us an important business partner. We continuously invest in strengthening customer relations. Some 28k Corporate and Business Banking c
Slide 48: Income Statement (in EUR mn)
Income Statement (in EUR mn) 200 Profit After Tax BKS Bank achieved a profit after tax of 100 Net interest income EUR 163.2mn in FY 2024, which was only slightly lower than the record level At-Equity Income reported for the preceding year. This 0 excellent result was supported by the FY22 FY23 FY24
Slide 49: Strong Position in our Home Market
Strong Position in our Home Market Regional Breakdown by Banking and Leasing Regional Breakdown by Banking and Leasing Businesses Businesses as at 31/12/2024 in EUR bn as at 31/12/2024 in EUR bn 0 2 4 6 0 2 4 6 AT AT SI SI HR HR SK SK Other Other 49