Erste Group Bank Ag · VIE:EBS
Erste Group Bank — Q3 2026 Earnings Presentation
51 slides from Erste Group Bank's earnings presentation, Oct 30, 2026
Slide 1: Q3 26 results presentation
Q3 26 results presentation Vienna, 30 October 2026 Superior growth profile drives strong operating performance Peter Bosek, CEO Erste Group Stefan Dörfler, CFO Erste Group Alexandra Habeler-Drabek, CRO Erste Group
Slide 2: Cautionary note regarding forward-looking statements
DISCLAIMER Cautionary note regarding forward-looking statements THE INFORMATION CONTAINED IN THIS DOCUMENT HAS NOT BEEN INDEPENDENTLY VERIFIED AND NO REPRESENTATION OR WARRANTY EXPRESSED OR IMPLIED IS MADE AS TO, AND NO RELIANCE SHOULD BE PLACED ON, THE FAIRNESS, ACCURACY, COMPLETENESS OR CORRECTNES
Slide 3: Presentation topics
PRESENTATION TOPICS EXECUTIVE SUMMARY MACROECONOMIC AND BUSINESS UPDATE OPERATING TRENDS WHOLESALE FUNDING AND CAPITAL FINANCIAL OUTLOOK APPENDIX Page 3
Slide 4: Another quarter, another record operating performance
EXECUTIVE SUMMARY: P&L PERFORMANCE Another quarter, another record operating performance QoQ net profit development (inc EBP) YTD net profit development (inc EBP) in EUR m in EUR m +2.2% +20.6% 10 26 1,225 1,121 434 52 24 3,444 273 24 1,096 10 502 480 3,095 2,566 Q2 26 Operating Operating Risk costs
Slide 5: CIR and ROTE again hit new quarterly records
EXECUTIVE SUMMARY: P&L DASHBOARD CIR and ROTE again hit new quarterly records Net interest margin Cost/income ratio Risk cost ratio2 in % in % in bps 68 2.73 2.64* 2.64 G26: <45% 2.42 2.46 49.3 27 46.7 24 24 20 45.0 43.9 43.1 G26: 25-30 bps Q3 25 Q4 25 Q1 26 Q2 26 Q3 26 Q3 25 Q4 25 Q1 26 Q2 26 Q
Slide 6: Customer loans and deposits on sustainable growth path
EXECUTIVE SUMMARY: BALANCE SHEET PERFORMANCE Customer loans and deposits on sustainable growth path YTD total asset development (inc EBP) YTD equity & total liability development (inc EBP) in EUR bn in EUR bn +25.5% 462.5 462.5 4.3 1.5 7.2 6.4 3.0 55.4 71.1 6.0 368.6 31.9 368.6 5.3 2.2 3.9 31/12/25
Slide 7: Balance sheet metrics strong across the board
EXECUTIVE SUMMARY: BALANCE SHEET DASHBOARD Balance sheet metrics strong across the board1 Loan/deposit ratio Loan & deposit growth2 Asset quality in % yoy, in % in % 30.2 30.8 73.7 G26: 6-8% 69.7 25.2 67.9 68.4 68.8 92.0 91.7 88.7 27.9 87.6 87.3 26.2 26.1 2.5 2.4 2.4 2.3 2.3 6.8 6.4 3.4 4.7 Q3 2
Slide 8: Presentation topics
PRESENTATION TOPICS EXECUTIVE SUMMARY MACROECONOMIC AND BUSINESS UPDATE OPERATING TRENDS WHOLESALE FUNDING AND CAPITAL FINANCIAL OUTLOOK APPENDIX Page 8
Slide 9: Economic growth expected to accelerate in 2027
MACROECONOMIC AND BUSINESS UPDATE: ECONOMIC FORECASTS * Economic growth expected to accelerate in 2027 Real GDP growth Consumer price inflation Unemployment rate 2026 in % avg, in % avg, in % 2027 7.8 8.5 7.5 4.0 3.8 3.4 3.0 6.4 2.5 6.1 6.0 6.0 6.0 5.9 2.2 2.2 5.8 2.2 2.1 5.7 2.1 1.7 1.7 4.8 1.1 4.7
Slide 10: Retail loan growth driven by mortgage business
MACROECONOMIC AND BUSINESS UPDATE: RETAIL BUSINESS Retail loan growth driven by mortgage business Retail loan growth (ex EBP) accelerates further in Q3 26* Gross retail loans by product * − Continued robust demand for housing loans yoy and qoq; borrowers in EUR bn decide for shorter interest rate fi
Slide 11: Investment loans enjoy robust demand
MACROECONOMIC AND BUSINESS UPDATE: CORPORATES & MARKETS BUSINESS Investment loans enjoy robust demand Corporate loans grow at healthy clip Net loan stock of Corporates segment* − Net loans rise by 7.3% yoy and 1.6% qoq, primarily driven by Large Corporates and SME, underpinned by investment loans qo
Slide 12: Presentation topics
PRESENTATION TOPICS EXECUTIVE SUMMARY MACROECONOMIC AND BUSINESS UPDATE OPERATING TRENDS WHOLESALE FUNDING AND CAPITAL FINANCIAL OUTLOOK APPENDIX Page 12
Slide 13: Customer loan growth: +7.7% yoy (ex EBP), +1.7% qoq
OPERATING TRENDS: NET LOAN STOCK AND GROWTH (SEGMENT VIEW) Customer loan growth: +7.7% yoy (ex EBP), +1.7% qoq Net loan stock Growth rates Loan growth remained strong in Q3 26 − Yoy growth (ex EBP) well balanced, with Retail segment volumes up 228.0 1.7% by 7.1% and Corporates growing 7.3% Group 282
Slide 14: Customer deposit growth: +6.6% yoy (ex EBP), +0.1% qoq
OPERATING TRENDS: CUSTOMER DEPOSIT STOCK AND GROWTH (SEGMENT VIEW) Customer deposit growth: +6.6% yoy (ex EBP), +0.1% qoq Customer deposits Growth rates Erste Group benefits from favourable deposit mix – overweight retail, sight, local currency deposits 247.8 0.1% Group 323.7 324.1 30.8% 47.2 Key Q3
Slide 15: NII performance: +8.7% yoy (ex EBP), +5.9% qoq
OPERATING TRENDS: NET INTEREST INCOME (NII) AND NET INTEREST MARGIN (NIM) NII performance: +8.7% yoy (ex EBP), +5.9% qoq Net interest income Net interest margin * NII (ex EBP) exhibits strong momentum − NII (ex EBP) up 8.7% yoy with increase driven by AT, HU, CZ and 1,975 2.42% HR, supported by loan
Slide 16: Net fee income performance: +10.7% yoy (ex EBP), +1.0% qoq
OPERATING TRENDS: NET FEE AND COMMISSION INCOME Net fee income performance: +10.7% yoy (ex EBP), +1.0% qoq Net fee income by segment (inc EBP) Net fee income by fee type (inc EBP) in EUR m in EUR m +22.0% +1.0% 965 964 974 965 964 974 29 7 30 8 35 8 19 13 36 9 17 13 850 94 102 850 89 90 101 88 798 3
Slide 17: Operating expense performance: +2.4% yoy (ex EBP), -0.6% qoq
OPERATING TRENDS: OPERATING EXPENSES Operating expense performance: +2.4% yoy (ex EBP), -0.6% qoq Operating expenses by segment (inc EBP) Operating expenses by type (inc EBP) in EUR m in EUR m +28.9% -0.6% 1,771 1,766 1,756 1,771 1,766 1,756 79 25 51 74 28 142 Residual other admin 157 162 1,515 72 2
Slide 18: Record operating result: +15.0% yoy (ex EBP), +2.7% qoq
OPERATING TRENDS: OPERATING RESULT AND COST/INCOME RATIO (CIR) Record operating result: +15.0% yoy (ex EBP), +2.7% qoq Operating result (inc EBP) Cost/income ratio (inc EBP) in EUR m in % +48.8% 2,254 2,316 2,167 76 12 46 Other 78 13 194 136 10 RS 121 73 145 155 89 143 162 HR 160 1,556 10 1,557 14 1
Slide 19: Risk costs (inc EBP) remain moderate
OPERATING TRENDS: CREDIT RISK/RISK COSTS Risk costs (inc EBP) remain moderate Risk costs by segment1 (inc EBP) Risk cost ratio1 (inc EBP) in EUR m in bps 439 682 Other RS HR HU SK 27 170 21 24 24 159 RO 18 20 144 15 136 CZ 9 6 PL AT/OA AT/SB 2021 2022 2023 2024 2025 Q3 25 Q4 25 Q1 26 Q2 26 Q3 26 AT/
Slide 20: Asset quality stable across the board
OPERATING TRENDS: CREDIT RISK/ASSET QUALITY Asset quality stable across the board NPL ratio NPL coverage ratio NPL ratio and NPL coverage improve slightly qoq − PL: lower EBP NPL ratio than locally reported due to fair valuing 2.5 in % 73.7 in % portfolio at first-time consolidation Group 2.3 68.4 2
Slide 21: Other result (ex EBP) down yoy on positive one-off in Q3 25
OPERATING TRENDS: OTHER RESULT Other result (ex EBP) down yoy on positive one-off in Q3 25 Other result by segment (inc EBP) Other result by accounting categories (inc EBP) in EUR m in EUR m 24 24 Other RS HR HU 0 0 -13 0 0 SK -87 -88 RO -25 -141 -138 CZ -25 -138 PL -251 AT/OA -138 -162 -162 AT/SB A
Slide 22: ROTE climbs to 23.8% amid record bottom line
OPERATING TRENDS: NET RESULT, EARNINGS PER SHARE (EPS) & RETURN ON TANGIBLE EQUITY (ROTE) ROTE climbs to 23.8% amid record bottom line Net result by segment (inc EBP) EPS & ROTE (inc EBP) in EUR m in EUR +24.4% 1,096 1,121 23.8% Other 22.1% 944 901 879 RS 18.0% 18.1% HR 16.0% HU 2.74 2.48 SK 2.20 2.
Slide 23: Presentation topics
PRESENTATION TOPICS EXECUTIVE SUMMARY MACROECONOMIC AND BUSINESS UPDATE OPERATING TRENDS WHOLESALE FUNDING AND CAPITAL FINANCIAL OUTLOOK APPENDIX Page 23
Slide 24: Vast retail deposit base provides competitive funding advantage
WHOLESALE FUNDING AND CAPITAL: ISSUED DEBT AND INTERBANK FUNDING Vast retail deposit base provides competitive funding advantage Liabilities and equity Debt securities Interbank deposits Comments in EUR bn in EUR bn in EUR bn Highly granular and well- diversified Retail & SME 462.5 deposit base is k
Slide 25: 2026 funding targets already fulfilled by Q3 26
WHOLESALE FUNDING AND CAPITAL: LONG TERM FUNDING 2026 funding targets already fulfilled by Q3 26 Maturity profile of debt 10.6 in EUR bn 8.5 8.3 7.9 6.4 3.8 2.4 1.2 1.0 1.4 0.8 0.2 0.2 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038+ Senior unsec. bonds Senior non-preferred bonds Co
Slide 26: Capital stable, risk-weighted assets up on method effect
WHOLESALE FUNDING AND CAPITAL: REGULATORY CAPITAL AND RISK-WEIGHTED ASSETS (RWA) Capital stable, risk-weighted assets up on method effect Basel 3 capital (phased-in) Risk-weighted assets (phased-in) +3.2% in EUR bn in EUR bn 186.9 192.8 183.5 6.7 5.8 5.8 -0.7% 27.5 27.5 151.1 147.5 27.5 5.0 4.6 36.5
Slide 27: Pro-forma CET1 ratio at 15.0%
WHOLESALE FUNDING AND CAPITAL: COMMON EQUITY TIER 1 (CET1), TIER 1 AND TOTAL CAPITAL RATIOS Pro-forma CET1 ratio at 15.0% CET 1 ratio development Basel 3 capital ratios (reported, phased-in) in % in % 24.8 19.34 23.0 21.7 4.55 20.0 19.8 19.5 19.3 19.2 14.79 0.31 0.15 15.00 0.88 0.03 17.5 17.2 1.70 0
Slide 28: Presentation topics
PRESENTATION TOPICS EXECUTIVE SUMMARY MACROECONOMIC AND BUSINESS UPDATE OPERATING TRENDS WHOLESALE FUNDING AND CAPITAL FINANCIAL OUTLOOK APPENDIX Page 28
Slide 29: 2026 outlook: another round of upgrades
FINANCIAL OUTLOOK (2026) 2026 outlook: another round of upgrades Erste ex EBP Erste inc EBP Key assumptions/additional comments (in EUR) Real GDP ~ +1-3% ~ +1-4% Superior CEE GDP growth trajectory is key pillar of Erste Loans +6-8% > 290bn Supported by robust growth dynamics across the CEE region NI
Slide 30: Appendix: Erste Group basics, detailed financials & ESG profile
PRESENTATION TOPICS EXECUTIVE SUMMARY MACROECONOMIC AND BUSINESS UPDATE OPERATING TRENDS WHOLESALE FUNDING AND CAPITAL FINANCIAL OUTLOOK APPENDIX: ERSTE GROUP BASICS, ERSTE GROUP DETAILED FINANCIALS & ERSTE GROUP ESG PROFILE Page 30
Slide 31: Banking leadership in Central and Eastern Europe (1)
APPENDIX: ERSTE GROUP‘S GEOGRAPHIC FOOTPRINT Banking leadership in Central and Eastern Europe (1) Erste Group Customers: 23.2m Czech Republic Poland Slovakia Employees: 54,959 Customers: 4.6m Customers: 6.2m Customers: 1.9m Branches: 2,050 Employees: 9,080 Employees: 9.944 Employees: 3,436 Branches:
Slide 32: Banking leadership in Central and Eastern Europe (2)
APPENDIX: ERSTE GROUP STRATEGY Banking leadership in Central and Eastern Europe (2) Eastern part of EU Focus on CEE, limited exposure to other Europe Retail Corporate Capital Public Interbank banking banking markets sector business Acting as financial SME and large Focus on customer Financing sovere
Slide 33: Erste Group aims to double EPS by 2030, targets EPS CAGR of ~15%
APPENDIX: DEFINITION OF MEDIUM-TERM FINANCIAL AMBITION Erste Group aims to double EPS by 2030, targets EPS CAGR of ~15% From adjusted 2025 EPS baseline of EUR 7.72 (reported EUR 8.24) to > EUR 15 in 2030 − Based on 2025 reported net profit of EUR 3,510m adjusted for AT1 dividend (EUR 139m) and net p
Slide 34: Commanding market shares across the CEE region
APPENDIX: MARKET SHARES Commanding market shares across the CEE region Gross retail loans Retail deposits Gross corporate loans Corporate deposits 22.1% 24.7% 24.9% 22.4% AT 22.6% AT 24.8% AT 25.1% AT 22.9% 10.7% 9.5% 12.5% 9.7% PL 10.6% PL 9.3% PL 12.4% PL 10.4% 10.6% 9.2% 12.5% 10.5% 26.9% 23.9% 2
Slide 35: Strong track record of profitability
APPENDIX: ERSTE GROUP FINANCIALS/PROFIT AND LOSS ACCOUNT Strong track record of profitability Year-to-date view Quarterly view in EUR million 1-9 25 1-9 26 YOY-Δ Q3 25 Q2 26 Q3 26 YOY-Δ QOQ-Δ Net interest income 5,761.0 8,258.4 43.4% 1,974.6 2,712.6 2,872.0 45.5% 5.9% Interest income 10,444.3 12,772
Slide 36: Strong balance sheet dominated by customer loans
APPENDIX: ERSTE GROUP FINANCIALS/BALANCE SHEET/ASSETS Strong balance sheet dominated by customer loans Quarterly data Change in EUR million Sep 25 Dec 25 Mar 26 Jun 26 Sep 26 YOY-Δ YTD-Δ QOQ-Δ Cash and cash balances 25,345 27,573 26,850 23,757 22,299 -12.0% -19.1% -6.1% Financial assets held for tra
Slide 37: Liabilities dominated by retail deposits
APPENDIX: ERSTE GROUP FINANCIALS/BALANCE SHEET/ EQUITY AND LIABILITIES Liabilities dominated by retail deposits Quarterly data Change in EUR million Sep 25 Dec 25 Mar 26 Jun 26 Sep 26 YOY-Δ YTD-Δ QOQ-Δ Financial liabilities held for trading 2,538 2,412 4,975 4,732 4,660 83.6% 93.2% -1.5% Derivatives
Slide 38: Reconciliation of quarterly results: reported vs. pro-forma Q3 26
APPENDIX: ERSTE GROUP FINANCIALS/PROFIT AND LOSS ACCOUNT Reconciliation of quarterly results: reported vs. pro-forma Q3 26 * Q1 26 Q2 26 Q3 26 Q3 26 1-9 26 pro-forma pro-forma pro-forma pro-forma pro-forma in EUR million Q1 25 Q2 25 Q3 25 excl. EBP excl. EBP excl. EBP vs Q3 25 vs 1-9 25 Net interest
Slide 39: Capital requirements for 2026 slightly up on higher buffers
APPENDIX: REGULATORY CAPITAL POSITION/REQUIREMENT (SREP – SUPERVISORY REVIEW AND EVALUATION PROCESS) Capital requirements for 2026 slightly up on higher buffers Erste Group Consolidated Erste Group Unconsolidated YE 2024 YE 2025 Q3 2026 YE 2026 YE 2024 YE 2025 Q3 2026 YE 2026 Pillar 1 CET1 requireme
Slide 40: MREL compliance at point of entry level (bail-in)
APPENDIX: MULTIPLE POINT OF ENTRY (MPE) RESOLUTION STRATEGY MREL compliance at point of entry level (bail-in) Resolution Groups*** Erste Group Bank AG 100% 100% & Savings Banks + other subs 49%* 100% 99.9% 69.3%** Banca Česká Erste Bank Slovenská Erste Bank Erste Bank Comercială spořitelna Polska sp
Slide 41: Austrian resolution group: MREL requirement based on RWA fulfilled
APPENDIX: DETAILS ON AUSTRIAN RESOLUTION GROUP Austrian resolution group: MREL requirement based on RWA fulfilled MREL capacity based on TREA (RWA)* Key take-aways Erste Group adopted multiple point of entry (MPE) in % 43.44% resolution approach − In Q3 26, Erste Group Bank AG received its MREL requ
Slide 42: MREL issuance progresses to plan
APPENDIX: MULTIPLE POINT OF ENTRY (MPE) RESOLUTION STRATEGY MREL issuance progresses to plan MPE resolution groups MREL issuance plan 222 ~3,500-4,000 in EUR bn, in EUR m 102 as of Sep 2026 91 80 33 29 29 26 ~500-1,000 ~1,000-1,100 17 17 13 ~500-650 11 9 8 ~300-400 ~200-300 ~400-500 AT PL CZ SK RO H
Slide 43: Erste Group benefits from a highly diversified loan book
APPENDIX: GROSS CUSTOMER LOANS BY RISK CATEGORY, CURRENCY AND INDUSTRY Erste Group benefits from a highly diversified loan book Gross customer loans by industry By currency By business segment in EUR bn 292.0 1% 2% 0% 1% 1% Other Other 287.3 15% 0.2 0.2 1% 1% CHF 27% Savings banks 24% 4.0 3.7 33% 5.
Slide 44: Real estate snapshot
APPENDIX: CREDIT RISK/EXPOSURE HIGHLIGHT: REAL ESTATE (RE) Real estate snapshot Well diversified portfolio, still some market-specific headwinds in Austria − Polish portfolio supports diversification, PL the second largest market outside AT − Share of exposure related to AT-focused residential real
Slide 45: Securities portfolio contributes to net interest income
APPENDIX: FINANCIAL ASSET DRILL-DOWN Securities portfolio contributes to net interest income Financial assets – geographic view Financial assets – accounting view AC by issuer and currency in EUR bn +42.3% 98.5 98.5 2% 2% 4% 20.2 21.3 9% 15% 6% 4% 69.2 0% 20.8 22.5 15.6 1.8 3.0 2.8 2.8 1.8 18% 6.6 2
Slide 46: Erste Group's sustainability strategy is centered on two main pillars
APPENDIX: ESG PROFILE (1)/ESG STRATEGY OF ERSTE GROUP Erste Group’s sustainability strategy is centered on two main pillars Supporting the Green Transition Promoting Social Inclusion Erste Group’s primary environmental impact arises from Erste Group’s social impact is shaped by its interactions its
Slide 47: Portfolio towards our environmental targets
APPENDIX: ESG PROFILE (2)/ENVIRONMENT – NET-ZERO TARGET SETTING Portfolio towards our environmental targets Financed emissions Sustainable finance corporate Scope 3, financed emissions, covering EUR 243.7bn exposure New specific purpose Sustainable Financing1 Committed amount (total), Sep 2026 in EU
Slide 48: Erste Group benefits from strong and well-diversified shareholder base
APPENDIX. SHAREHOLDER STRUCTURE Erste Group benefits from strong and well-diversified shareholder base By investor By region Erste Foundation direct 6.08% 1.89% 5.05% Sparkassen Beteiligungs 0.23% GmbH & Co KG 0.23% 2.25% 2.25% 12.59% Foundations 18.53% Wiener Städtische Austria 32.52% Versicherungs
Slide 49: Credit ratings
APPENDIX: CREDIT RATINGS Weighted Macro Profile SACP - Stand-Alone Credit Profile VR - Viability Rating Strong a (Individual Rating ) + ▲ a Financial Profile Asset Risk baa1 Anchor bbb+ Capital baa1 Business position Strong +1 SRF - Support Rating Floor Profitability baa3 Capital and earnings Strong
Slide 50: Geographical/operating and business segment view
APPENDIX: SEGMENT REPORTING STRUCTURE Geographical/operating and business segment view Erste Group – Geographical/operating segments Austria Central and Eastern Europe Other EBOe & Savings Other Czech − Poland Slovakia Romania Hungary Croatia Serbia Holding ALM Subsidiaries Banks Austria Republic −
Slide 51: Erste Group IR contact details
APPENDIX: INVESTOR RELATIONS CONTACTS AND SHARE INFO Erste Group IR contact details IR Team Role Phone Email Catherina Frass IR Assistant +4350100 17731 [email protected] Gerald Krames IR Manager +4350100 12751 [email protected] Peter Makray IR Manager +4350100 16878 peter.ma