Press briefing

H1 2021 results presentation

Bernd Spalt CEO | Stefan Dörfler CFO

30 July 2021

Strong operating income on improved fees and trading results

Operating income (EUR mn)

+9.2%

3,791

109

3,472

116

127

9

957

1,099

2,397

2,449

1-6 2020

1-6 2021

Net interest income

Net fee and commission

income

Net trading and

Other income

FV result

Operating expenses (EUR mn)

- 0.6%

2,103

2,115

266

273

583

581

1,265

1,249

1-6 2020

1-6 2021

Personnel expenses

Other administrative expenses

Depreciation and amortisiation

Risk costs sharply lower following front-loading in 2020

Risk costs (EUR mn)

NPL coverage (in %)

1-6 2020

1-6 2021

43

1-6 2019*

-83

91.4

-675

88.6

Dec 2020

Jun 2021

NPL ratio (in %)

2.7

2.5

Dec 2020

Jun 2021

*Net release of risk provisions

Net up sharply on strong operating income and lower risk costs

YoY net profit reconciliation (EUR mn)

+ 213 %

592

2

147

918

154

31912

294

1-6 2020

Operating

Operating

Risk costs

Other result

Taxes on

Minorities

1-6 2021

income

expenses

income

Capital position remains strong in 2021

Common equity tier one (CET1) capital ratio (CRR, final)

14.2%

14.2%

13.5%

13.7%

11.2%

11.4%

12.0%

12.8%

12.9%

9.4%

10.6%

8.3%

9.2%

Dec 2009

Dec 2010

Dec 2011

Dec 2012

Dec 2013

Dec 2014

Dec 2015

Dec 2016

Dec 2017

Dec 2018

Dec 2019

Dec 2020

Jun 2021

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Erste Group Bank AG published this content on 30 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 July 2021 09:58:09 UTC.