OTP Bank PLC (LTS:0M69)
Ft 12590 0 (0%) Market Cap: 5.57 Til Enterprise Value: 824.59 Bil PE Ratio: 5.82 PB Ratio: 1.15 GF Score: 68/100

Q3 2024 OTP Bank Nyrt Earnings Call Transcript

Nov 08, 2024 / 02:00PM GMT
Release Date Price: Ft12590
Editor

Portions of this transcript marked (audio in progress) indicate audio problems. The missing text will be supplied if a replay becomes available.

Laszlo Bencsik
OTP Bank Nyrt - Deputy Chief Executive Officer - Strategy and Finance Division, Chief Strategic and Financial Officer, Member of the Executive Board

(audio in progress) But we are at much lower leverage. In fact, as you can see on this slide, our capital adequacy ratio went up above 19%. And our leverage ratio is closer to 11%.

Just to remind you, the European kind of minimum requirement is 5% and most of the banks are between 5% and 6.5%. So this is -- this kind of shows the amount of capital we are running on and kind of relatively little leverage we have. And despite of all of this, we have this quite strong ROE.

Liquidity remained strong and portfolio quality stable, and it has been served for, frankly, the last 8 years, despite all the events and turbulences in the economy and in the environment.

Page 3 summarizes the most important financials. So the third quarter was

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