Record Q1 Profits
First quarter profits reached €239 million, marking a 28% increase from the target for the year. This is the highest profit since Q3 2007, during the global financial crisis.
Strong Capital Position
The bank's core equity Tier 1 capital ratio remains robust at 16.3%, despite the full impact of Basel IV and increasing dividend accrual to 50% of profits.
Successful Acquisitions and Partnerships
The acquisition of AXIA Ventures and strategic partnership with Unicredit are expected to triple investment banking revenues by 2027, with projected ROI exceeding 20%.
Solid Loan and Customer Fund Growth
Loan book and customer funds continue to grow, with performing loans up 1% in the quarter and customer funds increasing by 8% year-on-year.