March 4 (Reuters) - BAWAG GROUP AG BAWG.VI:
BAWAG GROUP HOSTS INVESTOR DAY AND ANNOUNCES NEW TARGETS FOR 2027
BY 2027, WE PLAN TO GENERATE OVER EUR 2.7 BILLION NET PROFIT FROM 2025 THROUGH 2027, WITH NET PROFIT OF > EUR 1 BILLION IN 2027
PLAN TO GENERATE OVER EUR 1 BILLION IN EXCESS CAPITAL, AFTER ACCOUNTING FOR A 55% DIVIDEND PAYOUT RATIO
ARE TARGETING TO DELIVER A RETURN ON TANGIBLE COMMON EQUITY (ROTCE) > 20% ACROSS ALL CYCLES AND PLAN TO ACHIEVE A COST-INCOME RATIO (CIR) < 33% BY 2027
OUTLOOK 2027: WE ARE TARGETING TO DELIVER A RETURN ON TANGIBLE COMMON EQUITY (ROTCE) > 20% ACROSS ALL CYCLES
OUTLOOK 2027: PLAN TO ACHIEVE A COST-INCOME RATIO (CIR) < 33% BY 2027
Source text: ID:nGNEVVq0B
Further company coverage: BAWG.VI
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