Earnings Poll: Komercni Banka Q4 net profit seen up 18% y/y

Komercni Banka as

04/02/2025 14:04

* 
      Q4 results due on Feb 6 before market open
    

  
       PRAGUE, Feb 4 (Reuters) - Komercni Banka  BKOM.PR  is
likely to report an 18% year-on-year rise in fourth-quarter net
profit due to lower loan loss provisioning along with rising net
interest income as lower interest rates ease costs on deposits,
a Reuters poll showed on Tuesday.    
    Attributable profit at the Czech Republic's third largest
bank, majority-owned by France's Societe Generale  SOGN.PA , was
seen at 3.85 billion crowns ($158.08 million), according to the
average estimate of seven analysts.
    The following is a summary of estimates, figures in billions
of crowns:        
 Q4/2024          Average   Median          Range        Q4/2023
 Net interest      6.48      6.49         6.38-6.69       6.28
 income                                                  
 Net fees          1.85      1.90         1.72-1.93       1.82
 Net banking       9.47      9.39         9.30-9.73       9.20
 income                                                  
 Cost of risk     (0.171)   (0.107)    (0.372)-(0.060)   (1.05)
 Net profit        3.85      3.85         3.70-4.01       3.26
 after minor.                                            
  NOTE: Five analysts provided net fees, net banking income and
cost of risk estimates.
   The following banks and brokerages took part in the poll:
Erste Group Bank/Ceska Sporitelna, Fio Banka, J&T Banka, mBank,
PKO Bank Polski, Raiffeisen Research, Santander

($1 = 24.3540 Czech crowns)

 (Reporting by Jason Hovet)
 ((jason.hovet@thomsonreuters.com))