OTP Bank PLC (XPRA:OTP)

Kč 1100 0 (0%) Market Cap: 313.27 Bil Enterprise Value: 19.31 Bil PE Ratio: 5.49 PB Ratio: 1.10 GF Score: 56/100

Q1 2022 OTP Bank Nyrt Earnings Call Transcript

May 06, 2022 / 01:00PM GMT

Release Date Price: Kč662.8 (-5.29%)

Transcript

Operator

Dear ladies and gentlemen, welcome to the OTP Group First Quarter 2022 Conference Call. This conference will be recorded. (Operator Instructions)

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

Laszlo Bencsik

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

Thank you. Thank you very much. Good morning or good afternoon, depending where you are. And thank you for joining us today on OTP's 2022 first quarter investor call. We presented our numbers. And as you can see, on Page 2 -- maybe we can move to there to the presentation. Yes.

So overall, we booked a quarterly loss. So the accounting profit after taxes out of the group was actually negative, which is a rather rare event. But I think circumstances are also quite special and rare. So we tried to as much as possible preemptively react and reflect the deteriorated expectations in Ukraine and Russia due to the war. And that's reflected in the, first of all, stand-alone Ukrainian and

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