Investor Presentaiton
mBank Hipoteczny performance: Profit and Loss Account
Development of Total Income (PLN mn) & Net Interest Margin
Development of Total Costs (PLN mn) & C/I ratio
1.44%
1.40%
1.27%
-8.7%
177.8
168.6
158.6
128.3
1.08%
1.10%
0.90%
36.78%
36.81% 38.94%
50.76%
55.42%
49.18%
+0.6%
Trading and
Other Income
66.5
63.6
62.6
64.7
6.8
+17%
Net Fee and
16.7
11.8
+7%
13.4
BFG and
taxes and fees
Commission
176.3
186.1
78.0
30.7
39.1
23.0
36.5
Staff-related costs
167.6
66.7
139.7
27.7
Net Interest
Income
26.0
22.9
10.8
12.1
Material costs
16.6
70.5
54.9
22.4
16.6
11.3
12.6
Amortisation and
16.9
7.8
(2.5) 5.2)
(8.2 (0.1)
7.4
2018
2019
(6.4)
2020
2.5)
(7.8) 3.6)
(3.5 (0.4)
(4.6)
3.8
6.9
9.8
13.3
depreciation
6.7
7.0
2021
2021H1
2022H1
2018
2019
2020
2021
2021H1
2022H1
Loan Loss Provisions (PLN mn) & Cost of Risk
0.19%
0.19%
0.38%
-47.6%
42.3
0.17%
0.17%
0.38%
+2 147.9%
Net Profit (PLN mn) & Return on Equity
4.95%
5.85%
1.77%
41.2
37.1
-23.0%
2.37%
2.26%
1.71%
-31.6%
20.0
16.7
18.8
12.2
2.4
2018
2019
2020
2021
0.5
2021H1
2018
2019
4.9
2020
2021
7.8
2021H1
5.4
2022H1
2022H1
Source: Financial Statement of mBank Hipoteczny SA for 2022 H1
Covered Bonds Investor Presentation
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