OTP Bank PLC (STU:OTP)
€ 50.5 0.38 (0.76%) Market Cap: 13.43 Bil Enterprise Value: 1.80 Bil PE Ratio: 5.82 PB Ratio: 1.15 GF Score: 73/100

Q3 2019 OTP Bank Nyrt Earnings Call Transcript

Nov 08, 2019 / 02:00PM GMT
Release Date Price: €42.22 (+1.49%)
Operator

Dear, ladies and gentlemen, welcome to the OTP Bank Q3 2019 Conference Call. At our customers' request, this conference will be recorded. (Operators Instructions)

May I now hand you over to László Bencsik, Chief Financial and Strategic Officer, who will lead you through this conference. Please go ahead.

LÃ;szló Bencsik
OTP Bank Nyrt. - Chief Strategy & Finance Officer of Strategy and Finance Division

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Thank you very much. Good morning, or good afternoon, depending on where you are, and welcome you on OTP Bank's 2019 Third Quarter Interim Report Conference Call. I suggest to follow the usual procedures, so you have the presentation available on the website. And I hope you had the chance to download it. And I'll try to briefly go through this presentation, and then obviously, open up the floor for your questions.

So starting in Page 2. After a relatively good second quarter this year, I think we are having another decent quarter in the third quarter, the adjusted profit was HUF 110.5 billion and that's basically added up

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