Earnings Poll: MONETA Money Bank Q3 net profit supported by higher fee income

Moneta Money Bank, A.s

24/10/2023 14:58

* 
      MONETA Money Bank Q3 results due Oct 26 before market open
    

  
       PRAGUE, Oct 24 (Reuters) - MONETA Money Bank  MONET.PR 
is likely to report third-quarter net profit unchanged from a
year ago as higher fee income compensated falling net interest
income, a Reuters poll showed on Tuesday.
    The average estimate in the poll of seven analysts saw net
profit at 1.25 billion crowns ($53.90 million).
    The following is a summary of estimates, figures in billions
of crowns: 
 Q3/2023           Average   Median         Range        Q3/2022
 Net interest        2.16     2.17        2.11-2.20       2.33
 income                                                  
 Net fees           0.659     0.656      0.648-0.675      0.543
 Net banking         3.01     3.00        2.93-3.09       3.02
 income                                                  
 Provisioning      (0.157)   (0.149)   (0.189)-(0.134)   (0.124)
 Net profit          1.25     1.23        1.12-1.33       1.25
  The following banks and brokerages took part in the poll:
Erste Group Bank/Ceska Sporitelna, Ipopema Securities, J&T
Banka, Komercni Banka, mBank, Patria Finance, PKO Bank Polski

($1 = 23.1920 Czech crowns)

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