Q3 2022 Financial Performance Review
MKB
HUF 149.8 bn adjusted PAT in Q3(Y) 2022 was mostly driven by the increase in Net interest
income
BANK Financial Performance - P&L
23
ADJUSTED P&L
(HUF bn)
MKB BANK
2021
2022
A%
A%
A%
Q3
Q3 (Y)
FY
Q1
Q2
Q3
Q3 (Y)
Y/Y (Y)
Y/Y
Q/Q
Net operating income
42.2
126.8
155.8
52.4
68.3 1 77.7
198.4
56.5%
Gross operating income
84.9
254.4
338.6
96.2
118.9
127.5
342.6
34.7%
84.2% 13.8%
50.3% 7.2%
Net interest income
52.7
149.1
200.6
75.4
96.9
113.8
286.1 I 92.0% 115.8% 17.4%
Net fee and commission income
18.9
52.2
71.7
18.0
20.4
I 15.6
Other operating income
13.3
53.2
66.2
2.8
1.6
-1.9
2.5
54.0 I 3.4%
-95.3%
-17.2% -23.5%
FX and FV result
18.8
65.5
85.0
10.5
4.1
10.1
24.8
Other income
-5.5
-12.3
-18.8
-7.8
-2.5
-12.0
-22.3
General admin. expenses
-42.7
-127.6
-182.8
-43.7
-50.6
-49.8
Provisions and impairments 1
-5.1
-4.3
-21.3
1.1
-0.3
I -27.5
-26.8
Banking tax
-1.6
-3.6
-5.4
-4.1
-1.4
-2.9
-8.3
-62.2% -46.0%
80.5% 118.0% 372.5%
-144.2 I 13.0% 16.8% -1.6%
524.2% 443.0% 8094.6%
131.9%
146.4%
Adjusted PBT
35.5
118.9
129.0
49.4
66.6
47.3
163.3
80.0% 114.8%
37.3% 33.2% -29.0%
Corporate income tax
-3.3
-11.5
-9.9
-3.9
-5.6
-4.0
I
-13.5 I 17.8%
20.6% -29.2%
Adjusted PAT
32.2
107.4
119.1
45.5
61.0
43.3
149.8 I
Adjustments total on PAT 2
8.0
27.6
47.1
5.2
51.5
| 0.5
57.2
Profit after tax (PAT, unadjusted)
24.2
79.8
72.0
40.3
9.4
42.8
92.6
Revaluation on AFS financial assets (OCI)
-8.5
-23.8
-28.9
-47.6
36.5
-6.3
-17.4
39.4%
107.3% -93.8% -99.0%
16.0% 76.7% 353.5%
-26.8% -26.4%
34.5% -29.0%
Total Comprehensive Income (unadjusted)
15.7
56.0
43.1
-7.3
45.9
| 36.5
75.1 I
34.2% 132.8% -20.5%
Adjustments total on TOCI
8.0
27.6
47.1
5.2
51.5 I 0.5
57.2
107.3% -93.8% -99.0%
Total Comprehensive Income
23.7
83.6
90.2
-2.1
97.5
37.0
132.4
58.3% 56.5% -62.0%
1 Includes provision for losses on loan, as well as other provisions and impairments
2The 3.1. chapter of the Report contains the list of adjustments
Note: Merged Bank's financials for periods prior to Q2 2022 are calculated on a pro-forma basisView entire presentation