Brief: Komercni keeps cost of risk guidance despite rise in Q1

Komercni Banka as

03/05/2024 09:56

May 3 (Reuters) - Komercni Banka as  BKOM.PR :
    * KOMERCNI BANKA: EXPECTS SLIGHT INCREASE IN NET INTEREST
MARGIN
IN REST OF YEAR
    * KOMERCNI BANKA: NPL RISE IN Q1 DUE TO SMALL BUSINESS
SEGMENT
    * KOMERCNI BANKA: KEEPS FULL YEAR COST OF RISK GUIDANCE
DESPITE
RISE IN Q1
    * KOMERCNI BANKA:  CONFIRMING BUSINESS OUTLOOK FOR 2024
    * KOMERCNI BANKA: CONFIRMS LOW TO MID-SINGLE DIGIT GROWTH IN
REVENUE OUTLOOK IN 2024
    * KOMERCNI BANKA:  PROVISIONS IN Q1 WERE HIGHER, EXPECTING
SMALLER
IN COMING QUARTERS
    * KOMERCNI BANKA: OUR INFLATION RESERVE SUPPORTS OUR COST OF
RISK
GUIDANCE, IN CASE OF NEED WE CAN START DISSOLVING
    * KOMERCNI BANKA: BANK SECTOR TAX COULD CREATE ISSUES WITH
INVESTORS; NOT A WAY TO BRING POSITIVE EFFECTS ON ECONOMY -
STRATEGY CHIEF SPERL
    * KOMERCNI BANKA:  IT SEEMS NOW THAT LIKELIHOOD OF BANK
SECTOR TAX
IS LOWER THAN A MONTH AGO - STRATEGY CHIEF SPERL

Source text for Eikon:  ID: 
Further company coverage:  BKOM.PR 

 (Reporting by Jan Lopatka in Prague)
 ((prague.newsroom@thomsonreuters.com; +420 234 721 614;))