“Our YE 2023 results underpin HCOB's lengthened track record on strong and persistent profitability, based on strengthened client franchise and clear focus. Our guiding principle is striving for excellence in what we do.”
Ian Banwell, CEO
KPIs
Profit before tax (€mn)
2022
2023
+77
Delta Guidance 2023
>300
Guidance 2024
Return on Equity post-tax1
.8%
2022
.5%
2023
+.5PP
Delta Guidance 2023
>%
Guidance 2024
1) RoE after taxes based on 13% normalized CET1 ratio
CIR
%
2022
%
2023
-6PP
Delta Guidance 2023
<45%
Guidance 2024
NPE ratio
.2%
2022
.3%
2023
+0.8PP
Delta Guidance 2023
~.5%
Guidance 2024
CET1 ratio
.5%
2022
.5%
2023
+.5PP
Delta Guidance 2023
>%
Guidance 2024
Moody's Credit Rating
Baa1, pos.
2022
A3, sta.
2023
-
Delta Guidance 2023
A3
Guidance 2024
ESG Ratings
HCOB’s track record is being successfully lengthened
1) YE 2021 excludes results from FY 2021; YE 2022 post dividend, 2023 includes deduction for dividend
Successfully navigating a challenging market environment well …1, 2
1) Macro forecasts HCOB I 2) Banking metrics EBA Risk Dashboard, Q3-2023, country averages for EBA reporting banks