• Operating income increased by 23% to €2.5bn for Q1 23 compared to Q1 22
• Risk provisions switched from expenses of €59m for Q1 22 to a credit of €20m for Q1 23
• Net profit after minorities increased by 32% to €594m for Q1 23
• The RoTE was 14.6% for Q1 23. The management is now aiming for the upper end of the target range of 13% to 15% for FY2023

28 Apr 2023
Good start to 2023 pushed by the Austrian business

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Good start to 2023 pushed by the Austrian business
- Published:
28 Apr 2023 -
Author:
Dieter Hein -
Pages:
3 -
• Operating income increased by 23% to €2.5bn for Q1 23 compared to Q1 22
• Risk provisions switched from expenses of €59m for Q1 22 to a credit of €20m for Q1 23
• Net profit after minorities increased by 32% to €594m for Q1 23
• The RoTE was 14.6% for Q1 23. The management is now aiming for the upper end of the target range of 13% to 15% for FY2023