“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