Brief: Hungary OTP Bank's Says Q1 Total Income HUF 597,615 Mln Versus HUF 467,167 Mln

OTP Bank Nyrt.

09/05/2024 23:19

May 9 (Reuters) - OTP Bank Nyrt  OTPB.BU :
    * HUNGARY OTP BANK'S QTRLY TOTAL INCOME HUF 597,615 MILLION
VERSUS
HUF 467,167 MILLION
    * HUNGARY OTP BANK'S QTRLY CONSOLIDATED PROFIT AFTER TAX HUF
239,962 MILLION VERSUS HUF 194,762 MILLION
    * HUNGARY OTP BANK'S QTRLY NET INTEREST INCOME HUF  435,345
MILLION VERSUS HUF 310,767 MILLION
    * HUNGARY OTP BANK'S QTRLY TOTAL RISK COSTS HUF 6,902
MILLION 
VERSUS HUF -8,848 MILLION
    * OTP- GUIDANCE PUBLISHED ON 8 MARCH 2024, IT IS STILL
EFFECTIVE
FOR FY, FOR THE TIME BEING OTP’S MANAGEMENT HASN’T SEEN REASONS
FOR MODIFYING IT.
    * HUNGARY OTP BANK'S QTRLY OPERATING PROFIT HUF  334,330
MILLION
VERSUS HUF 239,196 MILLION
    * HUNGARY OTP BANK'S QTRLY NET FEE AND COMMISSION INCOME HUF
121,161 MILLION VERSUS HUF 103,220 MILLION
    * OTP: ON RUSSIA UKRAINE ARMED CONFLICT SAYS ABILITY TO
CONDUCT
BUSINESS MAY BE IMPACTED BY DISRUPTIONS TO INFRASTRUCTURE,
BUSINESS PROCESSES & TECH SERVICES.
    * OTP BANK-  IN 1Q HUF 10 BILLION WINDFALL TAX WAS BOOKED IN
HUNGARY

Source text: https://tinyurl.com/36xx9z4v
Further company coverage:  OTPB.BU 

 ((Reuters.Briefs@thomsonreuters.com;))