Earnings Call Summary | PIRAEUS FINANCIAL HOLDINGS S.A UNSPON ADS EACH REP 1 ORD SHS POST SPLIT(BPIRY.US) Q2 2024 Earnings Conference
Earnings Call Summary | PIRAEUS FINANCIAL HOLDINGS S.A UNSPON ADS EACH REP 1 ORD SHS POST SPLIT(BPIRY.US) Q2 2024 Earnings Conference
The bank achieved a CET1 ratio of 14.2%, and the MREL ratio reached 28.3%, showing a strong capital position.The following is a summary of the Piraeus Financial Holdings S.A. (BPIRY) Q2 2024 Earnings Call Transcript:
以下是 Piraeus Financial Holdings S.A. (BPIRY) Q2 2024 業績會的摘要：
Financial Performance:
金融業績：
Piraeus Financial Holdings reported a normalized net profit of €333 million in Q2 2024 and €612 million for the first half of the year, achieving a 42% year-on-year growth in earnings per share for the quarter.
The return on average tangible book value was 19% in Q2, and the cost-to-core income ratio improved to 29%, reflecting significant cost discipline.
The bank achieved a CET1 ratio of 14.2%, and the MREL ratio reached 28.3%, showing a strong capital position.
Piraeus Financial Holdings在2024年Q2報告了33300萬歐元的標準淨利潤，並報告了年初61200萬歐元的標準淨利潤，在本季度實現了每股收益增長42%。
Q2平均有形賬面價值回報率爲19％，核心收入成本比率改善至29％，顯現出大量的成本管制。
該銀行實現了14.2％的CET1比率，MREL比率達到28.3％，表現出強大的資本實力。
Business Progress:
業務進展：
The bank has successfully acquired a pan-European license for Neo Bank Snappi, indicating expansion and adaptation to the new banking landscape in Europe.
Piraeus has reported a solid expansion of the performing loan book by €1.2 billion in the first half of 2024, mainly supported by business lending segments.
Assets under management increased to €10.4 billion, surpassing end of 2024 target earlier than expected.
該銀行已成功獲得Neo Bank Snappi的泛歐執照，表明正在歐洲擴展和適應新的銀行格局。
Piraeus在2024年上半年貸款業務領域的支持下，表現良好，其表現良好的貸款組合增長了12億歐元。
管理的資產增加至104億歐元，超過了2024年年底的目標。
Opportunities:
機會：
The acquisition of the Neo Bank Snappi pan-European license presents significant opportunities for expansion in the European market.
Neo Bank Snappi的泛歐執照的收購爲在歐洲市場上擴張提供了重大機會。
Risks:
風險：
The gradual growth from AI services and new banking ventures such as Snappi could pose risks if market uptake does not meet expectations.
人工智能服務和Snappi等新銀行業務的逐步增長可能會帶來風險，如果市場接受度不達預期的話。
More details: PIRAEUS FINANCIAL HOLDINGS S.A UNSPON ADS EACH REP 1 ORD SHS POST SPLIT IR
更多細節：PIRAEUS FINANCIAL HOLDINGS S.A UNSPON ADS EACH REP 1 ORD SHS 發帖 SPLIt IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。