Komercni Banka As (KMERF) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

So, good morning, ladies and gentlemen. Welcome from Komercní Vanka. Thank you for sharing your time with us. Again, this time, it is the 31st of July 2025 today, and we are going to discuss the... This meeting is being recorded. This meeting is being transcribed. ...of 2025. Please note that this call is being recorded. Our speakers today will be Jan Juchelka, Chairman of the Management Board and CEO of Kunační banka, Jiří Šperl, Chief Financial Officer, and Didier Collin, Chief Risk Officer. And standing by and ready to answer your questions for them are Markus Simpson, Chief Digital Officer, Miroslav Hirschl, Head of Retail Banking, and Katarína Prucová, Head of Corporate and Investment Banking. As always, we will begin with the presentation of results, which will be followed by a questions and answer session. During the presentation part, please, we would appreciate if you could keep your microphone muted and all participants will be on listen-only mode. So that's for the housekeeping, and now let me ask the CEO, Janifalka, to begin the presentation. Thank you. Hello, everyone. Thank you for being with us. It's my pleasure, together with my colleagues, to lead you through the presentation, and obviously, we are very much looking forward for the questions. Let me kick off with... with the opening page by saying that they are coming to the market with probably unexpectedly high level of increase of the bottom line. And I think that we need to provide a bit of comments on how did we get there, as we are mainly counting with the release of provisions as one of the contributors to the Q2 results. Having said that, Komeční is being built on rock-solid balance sheets, very strong on the side of capital, very strong on the side of the quality of our assets, and pretty so...