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

Q1 2023 OTP Bank Nyrt Earnings Call Transcript

May 10, 2023 / 12:00PM GMT
Release Date Price: €28.75 (-2.41%)
Operator

Dear, ladies and gentlemen. Welcome to the OTP Group First Quarter 2023 Conference call. This conference will be recorded. (Operator Instructions)

May I now hand you over to Laszlo Bencsik, Chief Strategic and Financial Officer. Laszlo, please go ahead.

Laszlo Bencsik
OTP Bank Nyrt. - Deputy CEO of Strategy and Finance Division and Chief Strategy & Finance Officer

Thank you. Good morning or good afternoon depending where you are, and thank you for joining us today for this conference call. The presentation is available on the website. And during the call, I'm going through it. So you can also follow it online or in printed copy if you have any.

As usual, I will give a kind of short presentation. I promise it's going to be short and then Q&A session follows. So maybe if you start on Page 2. I mean the after-tax profit of the first quarter was a historic high. We have never ever had such a strong quarterly result. Obviously, this was in a big way, affected by one-offs, but one-offs which actually canceled each other out. So we

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