“In a challenging market, HCOB had a sound year characterized by good operational performance and a solid balance sheet. Our diversified business model is sustainably profitable and HCOB is well on track to meet its mid-term targets.”
Luc Popelier, CEO
KPIs
Profit before tax (€mn)
2023
2024
Normalized 2023
Normalized 20241
>300
Guidance 2025
Mid-term target
Return on Equity post-tax2
2023
2024
Normalized 2023
Normalized 20241
Guidance 2025
Mid-term target
CIR
2023
2024
43%
Normalized 2023
42%
Normalized 20241
<45%
Guidance 2025
Mid-term target
NPE ratio3
2023
2024
Guidance 2025
-
CET1 ratio4
2023
2024
Guidance 2025
Mid-term target
1) Excludes one-offs of 106mn € in total driven by legal provisions (105mn € in Other Operating Income) 2) RoE post-tax @equity is based on b/s equity at the beginning of the year excluding proposed dividend 3) NPL ratio reduced from 4.3% (2023) to 3.3%. NPL ratio 2025 expected at ~3% 4) YE 2023 post dividend, YE 2024 reflects proposed dividend
KPI Overview 2020 - 2024
1) YE 2021 excludes results from FY 2021; YE 2022 - YE 2023 post dividend, YE 2024 reflects proposed dividend 2) Technical correction of Leverage ratio for FY 2022 3) NIM until 2022 based on Core NII 4) since YE 2024 Global Transportation