Alpha Services and Holdings S.A. (ALBKY) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, thank you for standing by. I am Yoda Yokoro's call operator. Welcome and thank you for joining the Alphabank conference call to present and discuss the nine-month 2025 financial results. All participants will be in a listen-only mode and the conference is being recorded. The presentation will be followed by a question-and-answer session. Should anyone need assistance during the conference call, you may signal an operator by pressing star and zero on your telephone. At this time, I would like to turn the conference over to Alfa Bank management. Gentlemen, you may now proceed. Hello, everyone, and welcome to the presentation of our third quarter results. I'm Iasson Kepapsovlu, Alfa Bank's Head of Investor Relations. Our CEO, Vassilis Psaltis, will lead the call with a usual summary and a few updates. Our CFO, Vassilis Kosmas, will then go through this quarter's numbers in some detail. 20 will come at the end, and we should wrap up within the hour. Vasilis, over to you. Good morning, everyone, and thank you for joining our call. Let's start with the usual overview of financial results on slide four, please. As you can see, reported profits for the nine months stood at $704 million, already more than what we have made in the preceding fiscal years. Earnings per share of 27 cents are 73% of the target we have set for the year. This translates into a 13.9% normalized return on tangible equity. We've also accrued $352 million for distribution so far this year, already more than the distributions out of 2024 profits, and we intend to distribute circa $111 million as an interim cash dividend in about a month's time. The main pillars of our performance remain the same. We have defended against the fall of the interest rates, seeing the second quarter of s...