Moneta Money Bank : 1Q 2026 financial results

About this update from Moneta Money Bank As

MONETA delivers net profit of CZK 1.6 billion, up 8 per cent year-on-year Net profit of CZK 1.6 billion, up 8 per cent Operating income of CZK 3.5 billion, up 4.8 per cent Operating costs of CZK 1.5 billion, up 1 per cent Credit cost of CZK 160 million, or 22 basis points Return on Tangible Equity of 21.6 per cent, up 2.1percentage points Prague, 24 April 2026 - MONETA Money Bank ("MONETA" or "the Bank") today announced its unaudited consolidated financial results for the first quarter of 2026. Net profit increased by 8 per cent year-on-year to CZK 1.6 billion, representing a Return on Tangible Equity of 21.6 per cent. This was in line with MONETA's expectations and was underpinned by strong operating income of CZK 3.5 billion, up 4.8 per cent. FINANCIAL RESULTS Net interest income increased by 7.7 per cent year-on-year to CZK 2.5 billion, driven by higher interest income, which increased by 2.2 per cent to CZK 5 billion due to continuing year-on-year growth in new lending volumes. Net interest income was also supported by a drop in the cost of funding on customer deposits from 2.11 per cent in the first quarter of 2025 to 1.99 per cent, which reduced interest expense by 2.9 per cent to CZK 2.5 billion. Net fee and commission income increased by 1.8 per cent year-on-year to CZK 863 million. This was driven mainly by higher income from the distribution of third-party products and higher transactional fees. The distribution of wealth management products continued to be strong as retail clients sought higher returns on their savings, with related fee income increasing by 19.6 per cent to CZK 262 million. Income related to insurance-product distribution remained stable at CZK 293 million. Total operating costs for the quarter came in at CZK 1.5 billion, up 1 per cent against the first quarter of 2025. Personnel expenses increased by 8.5 per cent year-on-year to CZK 661 million, driven by higher average salaries and increased performance-based compensation in the sales and management teams. This increase was offset by year-on-year declines of 3.9 per cent to CZK 365 million in administrative expenses, and of 9.2 per cent to CZK 266 million in depreciation and amortisation costs. Credit cost in the first quarter amounted to a net charge of CZK 160 million, or 22 basis points of the average net loan portfolio on an annualised basis. This was at the lower end of the guided range of 20-35 basis points. The credit cost grew by 6 per cent year-on-year due to the creation of loan loss provisions to cover the significant growth in new lending volumes. The Bank's non-performing loan ratio remained at 1 per cent. MONETA's effective tax rate was 15.2 per cent for the quarter under review, in line with expectations. Consolidated net profit therefore reached CZK 1.6 billion, up 8 per cent, which represents a Return on Tangible Equity of 21.6 per cent. BALANCE SHEET AND CLIENT BASE MONETA's balance sheet increased by 3.9 per cent year-on-year to CZK 520 billion. This was underpinned by ongoing growth in both client deposits and the lending portfolio. The loan portfolio grew by 6.8 per cent year-on-year to CZK 297 billion, which was largely driven by continuing growth in the commercial segment. The retail loan portfolio grew by 1.9 per cent year-on-year, with the total loan portfolio reaching CZK 188 billion. Consumer loans increased by 8.3 per cent to CZK 41.8 billion, thanks to 22.6 per cent year-on-year growth in new volumes. The mortgage loan portfolio stood at CZK 133 billion, while the combined credit card and overdraft portfolio amounted to CZK 2.3 billion. MONETA's wealth management distribution business continued its strong momentum, with total invested balances increasing by 28.8 per cent year-on-year to CZK 81.5 billion. The MONETA-brand range of ICAV funds, launched in October last year, attracted significant demand from clients in the first quarter, with CZK 3.6 billion invested as at 31 March. The commercial lending business delivered a particularly solid performance, growing by 16.3 percent year-on-year to CZK 109 billion, largely thanks to new volumes in investment loans, up 73.4 per cent to CZK 6 billion, and small business loans, up 20.1 per cent to CZK 2.1 billion. The investment loan portfolio increased by 20 per cent to CZK 60.6 billion, while the small business loan portfolio grew by 25.7 per cent to CZK 21.6 billion year-on-year. The customer deposit base increased by 4 per cent year-on-year to CZK 450 billion. Retail deposits rose 3.2 per cent to CZK 341 billion, while commercial deposits rose by 6.5 per cent to CZK 109 billion. MONETA's client base remained stable at 1.6 million as at 31 March. CAPITAL POSITION MONETA maintained a strong capital position in the first quarter, with regulatory capital of CZK 30.8 billion, and excess capital of CZK 4.5 billion. The capital adequacy ratio reached 17.88 per cent, remaining comfortably above the management target of 15.25 per cent (comprising the 14.25 per cent regulatory requirement and one per cent management buffer). Tier 1 excess capital was CZK 2.1 billion as at 31 March. In February, the Czech National Bank lowered the Bank's Minimum Requirement for Own Funds and Eligible Liabilities (MREL) by 30 basis points to 16.8 per cent of the total volume of risk exposure. As a result, management's MREL target declined to 22.05 per cent. As at 31 March, MONETA's MREL ratio stood at 26.97 per cent. MONETA continued to accrue 90 per cent of the first quarter's consolidated net profit for future dividend distribution. LIQUIDITY POSITION MONETA's liquidity position continues to be strong, with high quality liquid assets of CZK 177 billion and a liquidity coverage ratio of 415 per cent at the end of the first quarter. DIGITAL CAPABILITIES MONETA's online banking platform consistently serves as an important driver of product and service distribution. The share of new mortgage and consumer loans distributed fully online was 31 per cent and 44 per cent respectively. The online share of new retail current accounts and new retail savings and term accounts was 44 per cent and 75 per cent respectively. MARKET GUIDANCE MONETA published its mid-term guidance for the period 2026-2030 on 3 February 2026, which envisages a cumulative net profit of CZK 37.1 billion. This is 39.1 per cent higher than the cumulative net profit delivered in the past five years. For 2026, MONETA is committed to delivering a minimum net profit of CZK 6.6 billion. Market guidance published on 3 February 2026 CAGR Metrics 2026 2027 2028 2029 2030 2026-2030 Operating income (CZK bn) 14.6 15.4 16.1 16.7 17.5 4.6 % Operating expenses (CZK bn) (6.0) (6.1) (6.2) (6.4) (6.5) 20% Operating profit (CZK bn) 8.6 9.3 9.9 10.4 11.0 6.3% Credit cost ratio (bps) (20-35) (25-45) (25-45) (25-45) (25-45) Effective tax rate (%) 15.5 15.5 15.5 15.5 15.5 Net profit (CZK bn) 6.6 7.0 7.4 7.8 8.3 5.9% Earnings per share (CZK) 12.9 13.7 14.5 15.3 16.2 5.9% Return on Tangible Equity (RoTE) 23% 23% 24% 24% 25% Commenting on MONETA's financial results for the first quarter of 2026, Tomas* Spurny, Chairman of the Management Board and CEO, said: "MONETA delivered a solid set of first quarter results, and I have full confidence that we are on the right track to deliver on our commitment to shareholders for the full year." MONETA's 1Q 2026 earnings call will be held on 24 April 2026 at 1Oam CET. Information how to register for the call can be found on the investor web pages at https://investors.moneta.cz/ or here. Enquiries: MONETA Money Bank, a.s. Press Office: Tereza Rysanova [email protected] +420 724 159 792 Investor Relations: Linda Kavanova [email protected] +420 224 442 549 GROSS PERFORMING LOAN PORTFOLIO CZK bn 31/03/2026 31/03/2025 Change Mortgage loans 132.9 131.3 1.2% Consumer loans 41.8 38.6 8.3% Housing loans 7.8 9.3 (15.9) % Auto loans 2.9 2.7 6.5% Credit cards and overdrafts 2.3 2.3 (0.4)% Retail Total 187.6 184.2 1.9% Investment loans 60.6 50.5 20.0% Working capital loans 16.6 16.7 (0.6)% Small business loans 21.6 17.2 25.7% Auto loans 10.1 8.6 17.2% Commercial leases 0.5 1.1 (52.3) % Commercial total 109.3 94.0 16.3% Total gross performing loan portfolio 296.9 278.1 6.8% FUNDING BASE CZK bn 31/03/2026 31/03/2025 Change 3.2% 6.5% 4.0% 0.1% 4.6% (2.7)% Retail customer deposits 340.7 330.2 Commercial customer deposits 109.3 102.6 Customer deposits total 450.0 432.8 Subordinated deposits 2.9 2.9 Issued securities 16.9 16.2 Due to banks and other 3.9 4.0 Wholesale total 23.7 | 23.1 2.8% Total funding base 473.8 | 455.9 3.9% OPERATING PLATFORM 31/03/2026 31/03/2025 Change Number of branches 123 124 (0.8)% Number of ATMs1 1,920 1,936 (0.8)% Number of clients (million) 1.6 1.6 0.2% Note: Figures in the table may not add up to the total due to rounding differences. ‌1 Shared ATM network including 541 MONETA's ATMs, 750 KB ATMs, 373 Air Bank ATMs and 256 UniCredit Bank ATMs as at 31 March 2026 and 557 MONETA's ATMs, 760 KB ATMs, 366 Air Bank ATMs and 253 UniCredit Bank ATMs as at 31 March 2025. MONETA Money Bank, a.s. | Vyskocilova 1442/1b, 140 28 Praha 4 - Michle Company ID 25672720 | Registered by the Municipal Court in Prague, Section B, Insert 5403 | tel.: +420 224 443 636 https://www.moneta.cz

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