Nov 07, 2024 / 01:00PM GMT
Herbert Juranek - Addiko Bank AG - Chief Executive Officer
Good afternoon. Ladies and gentlemen, I would like to welcome you to the presentation of the results of the third quarter, 2024 of a bank together with my colleagues Scottish Edgar today and Constantine, let me show you the today's agenda.
In the beginning. I will present to you the highlights of our results and give you an update of the recent events garnish will continue with our achievements on the business side.
After that, Edgar will give you more insights on our financial performance and today will inform you about the situation in the risk area.
Finally, I will do a quick wrap up and show you the current outlook for the remaining year 2024 before we move on to Q&A.
So let's start with a positive note.
We are glad to announce a 25% year on year improvement on our net profit from EUR30.1 million to EUR37.7 million in the third quarter, 2024.
This leads to a EUR1.95 cent earnings per share per end of September.
The return on average tangible equity went up from 5.5% at the
Q3 2024 Addiko Bank AG Earnings Call Transcript
Nov 07, 2024
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