Bawag Group Ag Ord (BWAGF) Q3 2025 Earnings Call

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WEBVTT 00:00:00.149 -- 00:00:06.215 good day and thank you for standing by welcome to the BAVAG group Q3 2025 00:00:06.518 -- 00:00:11.725 results conference call at this time all participants are in a listen-only 00:00:11.725 -- 00:00:17.052 mode after the speaker's presentation there will be a question and answer session 00:00:17.052 -- 00:00:22.219 to ask a question during the session you will need to press star 1 1 00:00:22.219 -- 00:00:28.047 on your telephone you will then hear an automated message advising your hand is raised 00:00:28.047 -- 00:00:32.355 to withdraw your question please press star one, one again. 00:00:32.355 -- 00:00:36.380 Please be advised that today's conference is being recorded. 00:00:36.380 -- 00:00:41.665 There will also be a transcript published on the company's website. 00:00:41.665 -- 00:00:47.011 I would now like to hand the conference over to your speaker today, Anas Abouzikouk, 00:00:47.011 -- 00:00:49.614 CEO of the company. Please go ahead. 00:00:49.614 -- 00:00:51.614 Thank 00:00:52.177 -- 00:00:55.661 you, operator. I hope everyone is doing well this morning. 00:00:55.661 -- 00:01:00.691 I'm joined by Enver, our CFO. Let's start with a summary of Third quarter results 00:01:00.691 -- 00:01:05.837 on slide three. We delivered net profit of 219 million euros, 00:01:05.837 -- 00:01:11.063 EPS of 2.77 euros, and return on tangible common equity of 28%. 00:01:11.063 -- 00:01:12.524 The 00:01:12.524 -- 00:01:17.971 performance of our business was strong with operating income of 555 million, 00:01:17.971 -- 00:01:23.597 pre-provision profits of 354 million, and a cost-to-income ratio of 36%. 00:01:23.597 -- 00:01:28.940 Total risk costs were 52 million, translating into a risk-cost ratio 00:01:28.940 -- 00:01:35.247 of 37 basis poin...