Investor Presentaiton
Alpha Bank Group
(€ mn)
909%
yoy%
Q2 2023
Q1 2023
Q4 2022
Q3 2022
Q2 2022
change
change
Net interest income
440.1
423.6
396.0
336.9
300.5
3.9%
46.4%
Net fee and commission income
97.1
87.9
97.2
92.1
98.4
10.5%
(1.3%)
Income from financial operations
28.9
14.3
7.5
62.6
4.4
Other Income
13.0
9.9
9.8
25.5
19.0
31.1%
(31.3%)
Operating Income
579.1
535.8
510.4
517.0
422.3
8.1%
37.1%
Staff costs
(94.7)
(96.2)
(95.4)
(93.0)
(95.2)
(1.6%)
(0.5%)
General administrative expenses
(103.6)
(96.9)
(122.4)
(100.5)
(107.9)
7.0%
(4.0%)
Depreciation and amortization
(42.1)
(40.2)
(39.4)
(37.9)
(38.9)
4.7%
8.2%
Recurring Operating expenses
(240.4)
(233.3)
(257.3)
(231.4)
(242.0)
3.0%
(0.6%)
Extraordinary costs
(11.5)
(38.4)
(16.1)
4.7
(6.1)
(70.0%)
88.0%
Total Operating expenses
(252.0)
(271.8)
(273.4)
(226.7)
(248.1)
(7.3%)
1.6%
Impairment losses on loans
(73.4)
(71.9)
(89.9)
(58.4)
(89.3)
2.2%
(17.7%)
Other impairment losses
(2.9)
(7.2)
(0.5)
(3.0)
(1.0)
(59.8%)
Profit/ (Loss) before income tax
250.8
184.9
146.6
229.1
84.0
35.7%
Income Tax
(64.6)
(50.2)
(52.9)
(84.6)
(19.3)
28.6%
Profit (Loss) after income tax from continuing operations
186.2
134.6
93.7
144.4
64.7
38.3%
Impact from NPA transactions
5.2
(23.5)
(36.4)
(77.3)
(166.6)
Galaxy & Cepal deconsolidation impact
0.0
0.0
0.0
0.0
0.0
Profit/ (Loss) after income tax from discontinued operations
0.0
0.0
4.5
3.7
217.1
Profit (Loss) after Income Tax
191.4
111.2
61.8
70.8
115.2
72.2%
66.1%
Net interest Margin (NIM)
2.40%
2.23%
2.04%
1.76%
1.61%
35
ALPHA
SERVICES AND HOLDINGSView entire presentation