Q3 2022 Financial Performance Review
MKB
BANK
Adjustment of extra-profit tax represent the most significant PAT adjustment Q3(Y) 2022
Adjusted Profit After Tax - Adjustments
Q3(Y) 2022 adjusted Profit after tax breakdown (HUF bn)
42.8
92.6
-3.1
33.5
4.7
-0.7
43.3
Q3
+57.2
7
4.6
149.8
19.2
21
21
In order to foster understanding of the underlying financial
performance, MKB Group uses adjustments in its reports.
Banking tax adjustment totaling HUF 33.5 bn includes
adjustments related to the normalization of banking tax
between quarters to better reflect the periodic
performances, as well as an adjustment of HUF 30.6 bn
related to the extra profit special tax
Integration cost adjustment comprises of integration
expenses in relation to the merger of MKB Bank, Budapest
Bank and Takarékbank.
Covid-19 adjustments applied to eliminate the distortion
effect of the pandemic.
PAT
Q3(Y) 2022
Banking tax
adjustment
Integration cost
adj.
COVID-19 related
adjustments
Adjusted PAT
Q3(Y) 2022
Please note, from Q1 2022 the Banking tax is only normalized and allocated throughout the year to better reflect the periodic performances and not adjusted from the accounting PAT as it was in previous years.View entire presentation