Otp Bank S/Adr R (OTPGF) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, welcome to OTP Bank's full-year 2010-25 results conference call. Please be advised that this event is being recorded. During the presentation, all participants will remain in listen-only mode. Following the formal remarks, there will be an opportunity for questions. We are pleased to have two members of our senior management with us today. Peter Csányi, Chief Executive Officer, and Laszlo Benczyk, Chief Financial and Strategic Officer. At this point, it's my pleasure to hand over the floor to Peter Csányi, Chief Executive Officer. Peter, please go ahead. Thank you very much. Good afternoon to all of you, or good morning, depending on which continent you are located on. It's very nice to have you here for the 2025 result announcements. As per the usual format, we will give a short presentation on the results and then we'll have the Q&A session following thereafter. So kicking off on this page, you can see that We have continued our successful journey last year in 2025. In terms of loan book growth, we have achieved a solid, strong performing 15% organic growth rate, coupled with 22% return on equity, which is very good, especially given the high leverage ratio, 11% leverage ratio, according to Basel IV, which is basically tier one capital over total exposure, which is about one and a half, two times higher than most of our peers. So we can say that our return on equity has been especially strong. Combined with stable portfolio quality, our Stage 3 ratio has been declining slightly from 3.6% to 3.5%. And as usual, very strong capital position with common equity Tier 1 over 18%. and also very strong liquidity profile and a stable deposit-funded kind of franchise. Overall, a 77% net loan-to-deposit ratio and wholesale funding amounting to only 7% of...