Earnings Poll: MONETA Money Bank Q1 net profit likely down, revenue up

Moneta Money Bank, A.s

24/04/2024 08:54

* 
      MONETA Money Bank Q1 results due April 25 before market
open
    

  
       PRAGUE, April 24 (Reuters) - MONETA Money Bank
 MONET.PR  is likely to report a 4.5% year-on-year drop in
first-quarter net profit as loan provisions cut into rising
banking income, a Reuters poll of nine analysts showed on
Wednesday.
    The following is a summary of estimates, figures in billions
of crowns: 
 Q1/2024           Average   Median         Range        Q1/2023
 Net interest        2.08     2.10        1.93-2.15       2.03
 income                                                  
 Net fees           0.684     0.686      0.659-0.716      0.616
 Net banking         2.99     3.01        2.82-3.07       2.84
 income                                                  
 Provisioning      (0.127)   (0.131)   (0.140)-(0.106)    0.116
 Net profit          1.16     1.18        1.05-1.21       1.22
  The following banks and brokerages took part in the poll:
Erste Group Bank/Ceska Sporitelna, Fio Banka, Ipopema
Securities, J&T Banka, Komercni Banka, mBank, Patria Finance,
PKO Bank Polski, Wood & Company


 (Reporting by Jason Hovet, Editing by Alan Charlish)
 ((jason.hovet@thomsonreuters.com; +420 234 721 613;))