Erste Bank Polska Sa (BKZHF) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, it's already 11 o'clock, so we're starting our conference. My name is Agnieszka Dobrzycka and I'm in charge of investor relations at Santander Bank Polska. I want to extend a warm welcome to the presentation of our earnings after the third quarter 2025. The presentation will be led by Michał Gajewski, Chief Executive Officer. Matej Reluga, Chief Financial Officer, and Wojciech Skalski, Financial Controller. Before we kick off, I want to remind you that throughout the conference, you can send your questions via the link, or you can send them directly to my email address. The presentation with our earnings is available on our bank's website. Now, Michał, over to you. Thanks, Agnieszka. Good morning, ladies and gentlemen. Welcome to the presentation of our earnings. Let me start with an important disclaimer. Just like in the previous quarter, today's conference presents results from continued operations. In the management report and the full financial report, you will find figures both from continued operations and from discontinued operations, which refer to SCB. However, let me highlight today's presentation focus solely on continued operations. Our gross profit from continued operations amounted to $6,414,000,000. Our tax and regulatory charges for this period totaled $2.5 billion. I'd like to add here that in the ranking by the Ministry of Finance for 2024, our bank placed in the top three among the largest CIT payers. in the entire economy, not only the banking sector. And this is important in the context of the ongoing discussion about additional levies on the banking sector. Let me also add that all top three taxpayers were banks. Net profit for the group reached 4,892,000,000 blocks of which 1,830,000,000 blocks were generated in the third ...