MONETA Money Bank, a.s. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
February 01, 2024
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MONETA Money Bank, a.s. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported net interest income was CZK 2,182 million compared to CZK 2,104 million a year ago. Net income was CZK 1,228 million compared to CZK 1,064 million a year ago. Basic earnings per share from continuing operations was CZK 2.4 compared to CZK 2.08 a year ago.
For the full year, net interest income was CZK 8,580 million compared to CZK 9,315 million a year ago. Net income was CZK 5,200 million compared to CZK 5,187 million a year ago. Basic earnings per share from continuing operations was CZK 10.2 compared to CZK 10.2 a year ago.
Moneta Money Bank a.s. is one of the leading financial services groups in the Czech Republic. Net sales break down by activity as follows:
- retail banking (64.2%): sales of conventional banking products and services to induviduals (current account management, consumer credit, sale of savings contracts, mortgages, car loans, home loans, leasing, credit card issuance, etc.);
- commercial banking (29.6%): sales of banking products and services to small and medium enterprises, financial and public institutions (asset funding, investments and projects, leasing, management of vehicle fleets, industrial equipment funding, etc.);
- other (6.2%): primarily investment banking and bancassurance.
At the end of 2021, the group managed CZK 285.1 billion in courrent deposits and CZK 255.6 billion in current loans.
The products and services are marketed through a network of 154 branches located in the Czech Republic.
MONETA MONEY BANK, 
