Brief: MONETA Money Bank Q1 Net Profit Above Expectations, On Track For Outlook

Moneta Money Bank, A.s

25/04/2024 06:07

April 25 (Reuters) - Moneta Money Bank as  MONET.PR :
    * MONETA MONEY BANK: Q1 NET PROFIT CZK 1.29 BILLION VERSUS
CZK
1.16 BILLION EXPECTED IN REUTERS POLL
    * MONETA MONEY BANK: Q1 NET INTEREST INCOME CZK 2.08 VERSUS
CZK
2.08 BILLION EXPECTED IN REUTERS POLL
    * MONETA MONEY BANK: Q1 BANKING INCOME CZK 3.12 BILLION
VERSUS CZK
2.99 BILLION EXPECTED IN REUTERS POLL
    * MONETA MONEY BANK: Q1 COST OF RISK CZK -135 MILLION VERSUS
CZK
-127 MILLION EXPECTED IN REUTERS POLL
    * MONETA MONEY BANK: CONTINUES TO ACCRUE 90 PER CENT OF THE
CONSOLIDATED NET PROFIT FOR FUTURE DIVIDEND DISTRIBUTION
    * MONETA MONEY BANK: FOR 2024, MONETA IS ON TRACK TO DELIVER
A NET
PROFIT OF CZK 5.2 BILLION
    * MONETA MONEY BANK: RENEWED DEMAND FOR CREDIT IS
PARTICULARLY
EVIDENT IN THE RETAIL SEGMENT
    * MONETA MONEY BANK: APPROXIMATELY 30% OF THE LOAN BOOK WILL
BE
REPRICED OR REPAID DURING THE UPCOMING 12 MONTHS
    * MONETA MONEY BANK:REMAINS COMMITTED TO ITS GUIDANCE OF
CUMULATIVE NET PROFIT OF CZK 27.7 BILLION, OR CZK 54.2 PER
SHARE, OVER THE NEXT FIVE YEARS

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

 ((jason.hovet@thomsonreuters.com;))