• Operating income excluding Russia/Belarus rose by 21% to €1.65bn for Q3 23 compared to Q3 22
• An additional provision of €166m for Polish CHF loans burdened the Q3 23
• Consolidated net profit excluding Russia/Belarus was up by 87% to €603m for Q3 23 compared to Q3 22 and was clearly above consensus expectations
• RBI confirmed its outlook regarding the core consolidated RoE of around 10% for FY2023

03 Nov 2023
Strong Q3 figures, RoE target confirmed

Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Strong Q3 figures, RoE target confirmed
- Published:
03 Nov 2023 -
Author:
Dieter Hein -
Pages:
3 -
• Operating income excluding Russia/Belarus rose by 21% to €1.65bn for Q3 23 compared to Q3 22
• An additional provision of €166m for Polish CHF loans burdened the Q3 23
• Consolidated net profit excluding Russia/Belarus was up by 87% to €603m for Q3 23 compared to Q3 22 and was clearly above consensus expectations
• RBI confirmed its outlook regarding the core consolidated RoE of around 10% for FY2023