Business
Alior Bank S A : 1Q 2023 Results Presentation
Alior Bank S A : 1Q 2023 Results
About this update from Alior Bank Sa
Presentation of results for 1Q'23 Warsaw, April 26, 2023 Agenda 1. Operating activities Credit risk Financial results 4. Other issues 2 Operating activities Another quarter with very good financial results - record levels of revenues and net profit In 1Q'23 Alior Bank Group revenues amounted to PLN mn 1 330. This is a historic record for Alior Bank. interest income PLN mn 1 103 (+28% y/y) fees and commissions PLN mn 209 (+9% y/y) Compared to 1Q'22 revenues increased by PLN mn 236 (+22%). In 1Q'23 the Bank adjusted provisions for the credit moratoria by PLN mn 11 to a total amount of PLN mn 513 (75% participation by volume). In 1Q'23 the Bank was additionally charged with a provision for contribution to the Borrower Support Fund for its compulsory restructuring fund amounting to PLN mn 57.5. Net profit for 1Q'23 was PLN mn 366 and was PLN mn 197 197 (+116%) higher than in 1Q'22. This is a historic record for Alior Bank quarterly profit. Net profit adjusted for credit moratoria provisions for 1Q'23 was PLN mn 375. 4 * Detailed on slide 38 Total revenues (PLN mn) +247 mn 1 292 1 322 1 341 1 200 11 1 093 525 1 330 +236 mn y/y 767 1Q 22 2Q 22 3Q 22 4Q 22 1Q 23 One-offs* Total income (PLN M) Net profit (PLN mn) +179 mn 431 375 369 375 9 8 196 158 494 +197 mn 27 360 366 y/y 216 169 -63 1Q 22 2Q 22 3Q 22 4Q 22 1Q 23 One-offs* Net Income A successful quarter for Alior Bank - noticeable improvement in efficiency, profitability and portfolio quality Assets (PLN bn) -0.4% 84,6 84,3 Gross Loans (PLN bn) -1.7% 63,4 62,3 Gross Performing Loans* (PLN bn) 0.0% 56,2 56,1 1Q 22 1Q 23 1Q 22 1Q 23 1Q 22 1Q 23 NIM 1Q'23 C/I 1Q'23 TCR 1Q'23 5.81% 38.1% 15.36% +1.23 p.p. y/y -7.0 p.p. y/y +0.80 p.p. y/y COR 1Q'23 ROE 1Q'23 NPL 1Q'23 1.61% 22.7% 9.80% +0.28 p.p. y/y +10.8 p.p. y/y -1.51 p.p. y/y 5 * Volume of gross loans classified to stages 1 and 2