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Investor Presentaiton

KBC NET RESULT in m EUR International markets BU (3) | Hungary 75 62 43 46 35 104 62 1Q21 2Q21 3Q21 4Q21 1Q22 2Q22 3Q22 4Q22 Organic volume trend Total loans** o/w retail mortgages Customer deposits*** Volume 6bn EUR 2bn EUR 9bn EUR Growth q-o-q* Growth y-o-y +1% +18% +0% +1% +3% +6% * Non-annualised ■ Net result of 104m EUR in 4Q22 ■ Highlights (q-o-q) 34 of 74 • • • • Higher net interest income excluding FX effect due chiefly to increasing interest rates, loan and deposit volume growth, partly offset by pressure on commercial loan margins Higher net fee and commission income excluding FX effect driven mainly by higher payment-related fees Higher net results from financial instruments at fair value (strong dealing room result) An excellent combined ratio of 87% in FY22 (87% in FY21) Stable operating expenses excluding FX effect. Higher ICT and facilities costs, and higher staff and professional fee expenses were offset by lower bank taxes (14m EUR recovery in 4Q22 of the extraordinary DGS fee related to winding down Sberbank HU in 1Q22) Lower net loan loss impairment charges. Credit cost ratio of 0.42% in FY22 (-0.34% in FY21) 25m EUR modification losses related to the interest cap regulation in Hungary (19m EUR for SMEs and an additional 6m EUR for retail mortgages) and 5m EUR impairments on other assets ■ Volume trend • Total customer loans rose by 1% q-o-q and by 18% y-o-y (the latter due mainly to strong growth in corporate loans and consumer loans) Total customer deposits rose by 3% q-o-q and by 6% y-o-y (the latter due chiefly to strong corporate deposit growth) ** Loans to customers, excluding reverse repos (and bonds). Growth figures are excluding FX, consolidation adjustments and reclassifications Customer deposits, excluding debt certificates and repos *** Highlights Profit & Loss Capital & Liquidity Looking forward BU & FY22 view Company profile KBC Strategy Sustainability Asset quality MREL & Funding
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