21st Austria weekly - Warimpex Bawag 29/04/2024 [pic1]BAWAG: BAWAG Group reported a net profit of € 167 million earnings per share 2.11 and RoTCE 23.7% for the first quarter 2024. The operating performance our business was strong with pre-provision profits 257.6 million cost-income ratio 32.9%. Core revenues increased by 7% to 392.8 in Q1 2024 versus prior year. Anas Abuzaakouk CEO commented: “In we delivered set results an 24%. We generated significant amount capital during quarter increasing CET1 90 basis points 15.6% continuing build up excess 623 after deducting dividend accrual 92 million. have earmarked acquisition Knab bank which signed earlier this year addition other M&A at advanced stage. These
21st Austria weekly - Bawag OMV Valneva 01/03/2022 [pic1]Bawag: Banking group Bawag released its results for the financial year 2021 reporting a net profit of Euro 480 mn. Anas Abuzaakouk CEO commented on and continued business transformation: “2021 was an incredible Group. We delivered record € million EPS 5.39 return tangible common equity 16.1% cost-income ratio 39.5%. I want to thank our customers placing their trust in us shareholders support team members commitment execution. As we entered second pandemic knew had continue transform business. This not merely reaction but result changing customer behaviors expectations stakeholders over years. Our transformation is about maintaining best-in-class franchise while meeting challenges future. means more dynamic engagement with customers greater adoption technology reassessing traditional job how work building diverse inclusive team defining can play positive role addressing societal challenges.&rdqu
21st Austria weekly - Bawag OMV Valneva 01/03/2022 [pic1]Bawag: Banking group Bawag released its results for the financial year 2021 reporting a net profit of Euro 480 mn. Anas Abuzaakouk CEO commented on and continued business transformation: “2021 was an incredible Group. We delivered record € million EPS 5.39 return tangible common equity 16.1% cost-income ratio 39.5%. I want to thank our customers placing their trust in us shareholders support team members commitment execution. As we entered second pandemic knew had continue transform business. This not merely reaction but result changing customer behaviors expectations stakeholders over years. Our transformation is about maintaining best-in-class franchise while meeting challenges future. means more dynamic engagement with customers greater adoption technology reassessing traditional job how work building diverse inclusive team defining can play positive role addressing societal challenges.&rdqu
21st Austria weekly - Bawag OMV Valneva 01/03/2022 [pic1]Bawag: Banking group Bawag released its results for the financial year 2021 reporting a net profit of Euro 480 mn. Anas Abuzaakouk CEO commented on and continued business transformation: “2021 was an incredible Group. We delivered record € million EPS 5.39 return tangible common equity 16.1% cost-income ratio 39.5%. I want to thank our customers placing their trust in us shareholders support team members commitment execution. As we entered second pandemic knew had continue transform business. This not merely reaction but result changing customer behaviors expectations stakeholders over years. Our transformation is about maintaining best-in-class franchise while meeting challenges future. means more dynamic engagement with customers greater adoption technology reassessing traditional job how work building diverse inclusive team defining can play positive role addressing societal challenges.&rdqu
21st Austria weekly - Bawag OMV Valneva 01/03/2022 [pic1]Bawag: Banking group Bawag released its results for the financial year 2021 reporting a net profit of Euro 480 mn. Anas Abuzaakouk CEO commented on and continued business transformation: “2021 was an incredible Group. We delivered record € million EPS 5.39 return tangible common equity 16.1% cost-income ratio 39.5%. I want to thank our customers placing their trust in us shareholders support team members commitment execution. As we entered second pandemic knew had continue transform business. This not merely reaction but result changing customer behaviors expectations stakeholders over years. Our transformation is about maintaining best-in-class franchise while meeting challenges future. means more dynamic engagement with customers greater adoption technology reassessing traditional job how work building diverse inclusive team defining can play positive role addressing societal challenges.&rdqu