Mbh Bank Plc. Class A · BET:MKBBANK
Mbh Bank Plc. Class A — Q1 2026 Earnings Presentation
39 slides from Mbh Bank Plc. Class A's earnings presentation, May 21, 2026
Slide 1: MBH Group 1Q 2026 results Investor Presentation
MBH Group 1Q 2026 results Investor Presentation 21st May 2026
Slide 2: Agenda
Executive summary 3 Business environment 5 Financial performance 10 We kindly draw your attention to that in this presentation MBH Bank’s underlying financial performance presented – if not stated otherwise – using adjusted financial figures Additional information 21 (alternative performance measure
Slide 3: Executive summary
Executive summary M3H BANK
Slide 4: Key highlights of 1Q 2026
Key highlights of 1Q 2026 ROE Loans Market shares 17.7%* +3.8% Corporate Lending 18.8%, Deposit 19.5% Adjusted ROE exceeding 17% ~4% y/y increase in the customer loan book Retail Lending 19.3%, Deposit 16.5% LCR NPL 158.6% 3.5% Leasing Portfolio 26.4% LCR above 150% NPL below 4% Agri and food loans:
Slide 5: Macro environment
Macro environment M3H BANK
Slide 6: Macroeconomic growth indicators
Macroeconomic growth indicators Consumption remains the driver of growth Real GDP 2022-2025 (%) Industry and retail sales (y/y, %) 5.5% 6.3% 5.1% 4.4% 2.8% 3.2% 3.3% 2.7% 3.0% 2.7% 3.3% 3.6% 1.1% -1.1% 2.9% 3.5% 2.1% 1.4% -3.3% -4.0% -3.8% 0.9% 0.5% 0.7% -4.6% -1.4% -3.6% -4.1% -3.3% -2.5% -3.2% -8.
Slide 7: Macroeconomic stability indicators
Macroeconomic stability indicators Stability indicators are unlikely to improve in 2026 Public debt (GDP%) Current account balance (GDP%) 99.5 2.8 2.6 1.9 1.8 87.4 1.0 0.2 0.5 76.0 75.3 75.0 74.6 74.1 73.5 73.3 59.3 59.7 -0.9 -3.6 -7.9 -8.9 Romania Poland Euro USA 22 23 24 25 25 25 25 Romania Poland
Slide 8: Interest rate and FX rate environment
Interest rate and FX rate environment Despite the situation in Iran, interest rate cuts may start again in Hungary this summer Short-term rates FX rates (01.01.2025=100%) 3M rates (%) 6.50 6.50 6.47 6.45 5.88 5.88 5.66 5.43 3.57 3.85 3.68 2.08 Csehország Románia Lengyel- USA Eurozóna 06/25 09/25 12/
Slide 9: Banking sector
Banking sector Dynamic growth in household loans, more muted in corporate loans Corporate loan volumes (HUF bn) Corporate deposit volumes (HUF bn) 0.0% 19,133 18,271 17,029 17,434 17,430 +0.7% 15,968 16,365 15,221 +6.5% 15,217 13,669 14,344 13,132 13,580 12,068 12,547 12,731 +7.4% 2022 2023 2024 1Q
Slide 10: Financial performance
Financial performance M3H BANK
Slide 11: Accounting losses at HUF 19.4 bn; adjusted PAT HUF 54.1 bn
Accounting losses at HUF 19.4 bn. Adjusting for the impact of extra profit tax and banking tax, PAT for the quarter stood at HUF 54.1 bn Adjusted PAT (HUF bn), Adjusted ROE1 (%) and adjustments (HUF bn) 20.6% 21.4% 15.5% 17.7% 12.4% For better understanding and comparable views of the underlying fin
Slide 12: MBH Group's gross income reached HUF 149.0 bn in 1Q 2026
MBH Group’s gross income reached HUF 149.0 bn in 1Q 2026 Gross Operating Income (GOI, HUF bn)1, TRM % Net interest income (HUF bn), NIM % 4.5% 4.4% 4.6% 4.2% 4.4% 3.9% 3.6% 3.6% 3.5%* 3.6% 141.3 140.0 149.0 130.9 135.8 +5.4% 3.2% 121.2 114.9 112.7 114.5 101.4 -5.5% 1Q 2025 2Q 2025 3Q 2025 4Q 2025 1Q
Slide 13: 3.8% y/y increase in the loan book
3.8% y/y increase in the loan book, quarterly growth driven by the increase in retail loans Customer gross loan portfolio (HUF bn) Corporate1 +0.2% -0.7% 20.0% 19.8% 19.3% 19.1% 6,126.3 6,204.8 6,217.1 6,346.0 6,359.3 18.8% +3.8% +1.0% 3,010.8 3,039.5 3,005.0 3,061.5 3,041.4 1Q 2025 2Q 2025 3Q 2025
Slide 14: Increasing volumes in both housing and personal loans
Increasing volumes in both housing and personal loans Retail housing loans – Retail housing loans – Gross volume (HUF bn) and market share (%) New loan contracts (HUF bn) and market share (%) Retail housing loans: 24.4% 24.0% 23.6% 22.4% 21.4% ▪ Retail housing loan balances were at 26.2% HUF 1,557.9
Slide 15: 3.5% y/y increase in the deposit book
3.5% y/y increase in the deposit book with a slight decrease q/q Customer deposit portfolio (HUF bn) -0.6% Corporate1 -1.1% 20.0% 19.7% 20.7% 8,018.8 7,925.4 7,909.9 8,343.7 8,297.7 19.4% 19.5% +3.5% +8.0% 4,586.9 4,582.2 4,545.8 5,005.5 4,951.8 1Q 2025 2Q 2025 3Q 2025 4Q 2025 1Q 2026 1Q 2025 2Q 202
Slide 16: Decrease in costs q/q, C/I ratio at 58.1%
Decrease in costs q/q, C/I ratio at 58.1% for 1Q 2026 Operating expenses (HUF bn) Personnel expenses (HUF bn) -19.9% -19.5% 108.1 48.5 90.1 86.8 86.6 40.5 76.2 36.5 38.3 39.1 +13.7% +6.9% 1Q 2025 2Q 2025 3Q 2025 4Q 2025 1Q 2026 1Q 2025 2Q 2025 3Q 2025 4Q 2025 1Q 2026 ▪ Operating expenses amounted to
Slide 17: Additional risk cost release, NPL coverage over 100%
Additional risk cost release in the quarter, with NPL coverage over 100% Total risk cost (HUF bn) Coverage (%) -0.2% -0.3% -0.4% 189.6% -1.6% -1.6% 134.3% 117.8% 102.6% 101.0% 4.5 -3.0 0.3 -5.3 2.6 0.5 -6.4 0.6 5.0% 4.7% 4.3% -2.7 -2.7 -24.4 -25.7 -5.8 3.6% 3.6% -23.9 1Q 2025 2Q 2025 3Q 2025 4Q 2025
Slide 18: Stable capital position – 18.3% CET1
Stable capital position – 18.3% CET1 in 1Q 2026 Shareholders’ Equity (HUF bn) Capital Adequacy (%) 23.4% 22.9% -42.3 22.0% 22.1% 22.9% 20.7% 1,261.2 1,218.9 20.4% 21.3% 165.1 20.0% 20.7% 7.1 19.2% 20.2% 18.5% 18.3% 18.3% 1Q 2025 2Q 2025 3Q 2025 4Q 2025* 1Q 2026 Tier 2 CET 1 CAR (accounting PAT calcu
Slide 19: MREL requirements and adequacy
MREL requirements and adequacy Regulatory MREL requirements and compliance: TREA (%) and TEM (%), YE 2024 – 1Q 2026 MREL new issuances (HUF bn) 26.4% 27.2% 366 22.5% 77 19.0% 18.0% 190 180 15.5% 11.4% 12.0% 289 9.6% 2025 1Q 2026 2026 - 2028 5.9% 5.9% 5.9% Expected YE 2024 YE 2025 1Q 2026 Senior pref
Slide 20: Stable liquidity position
Stable liquidity position Customer deposits (HUF bn) LTD1 (%) +3.5% 78.6% 78.3% 76.4% 76.1% 76.6% 8,018.8 8,343.7 8,297.7 7,925.4 7,909.9 4,304.0 4,345.7 4,217.0 4,336.5 4,242.9 1Q 2025 2Q 2025 3Q 2025 4Q 2025 1Q 2026 3,714.8 3,589.0 3,667.0 3,998.0 4,080.6 LCR (%) 1Q 2025 2Q 2025 3Q 2025 4Q 2025 1Q
Slide 21: Additional information
Additional information
Slide 22: Successful acquisitions and strengthening capital market presence
Successful acquisitions and strengthening capital market presence Acquisitions Capital market presence Ratings Between 2022 and 2025, MBH Bank completed MBH Bank executed a number of successful Investment grade CRR rating – Baa2 with stable a series of highly successful acquisitions. transactions be
Slide 23: Successful international Senior Preferred bond issuance in January 2026
Successful international Senior Preferred bond issuance in January 2026 EUR 500mn 5NC4 Senior Preferred Notes KEY TERMS ALLOCATION BY GEOGRAPHY Issuer MBH Bank Nyrt. Issue rating Ba2 (Moody’s) 9% UK & Ireland 6% DACH Format RegS Only • The deal attracted strong investor 5% Hungary Settlement 39% int
Slide 24: Updates on ESG
Updates on ESG LSEG reporting The latest LSEG assessment shows that our bank improved its sustainability rating from B to A- between 2023 and 2024, with the overall score rising from 67.37 to 75.13 points. (The results reflect the status as of 14 April 2026.) Progress was achieved in 7 of 10 categor
Slide 25: Awards and Recognitions (1)
Awards and Recognitions (1) Master Card – Bank of the Year 2025 • Corporate Offering of the Year– 1st place (Lépték GO & BUPA Iránytű) Talent Bridge HR Case Study Competition Magyar Brands 2025 • Marketing Communications Campaign of the Year (MBH Tripla) • 1st place – Bors Bence, Recruitment Associa
Slide 26: Awards and Recognitions (2)
Awards and Recognitions (2) Sportmarketing Diamond Award STRIX Awards FocusEconomics Focus Awards – FocusEconomics Focus Awards – Big MBH Bank's brand ambassador • Euroleasing's artificial intelligence Big Economies 2026 Economies 2026 communication received a marketing campaign won a silver medal •
Slide 27: Annexes
Annexes M3H BANK
Slide 28: Key ratios overview (adjusted)
Key ratios overview (adjusted) ROE1 % TRM % LCR % 20.6% 21.4% 4.5% 4.4% 4.4% 4.6% 158.6% 4.2% 145.2% 144.7% 17.7% 15.5% 12.4% 1Q 2025 2Q 2025 3Q 2025 4Q 2025 1Q 2026 1Q 2025 2Q 2025 3Q 2025 4Q 2025 1Q 2026 1Q 2025 4Q 2025 1Q 2026 C/I % NPL % ▪ High adjusted ROE reaching 17.7% in 1Q 2026 77.2% 3.5% 3
Slide 29: Adjusted P&L
Adjusted P&L 1 Includes provision for losses on loan, as well as other provisions and impairments 2 The 3.1. chapter of the Report contains the list of adjustments During 2025, the Group reviewed the consolidated accounting treatment of an intra-group transaction in 2023 related to the transformatio
Slide 30: Balance sheet
Balance sheet During 2025, the Group reviewed the consolidated accounting treatment of an intra-group transaction in 2023 related to the transformation of MBH Investment Bank’s business activities. As a result, the earnings figures for 2024 have been 30 retrospectively decreased by HUF 6.5 bn, which
Slide 31: Adjusted KPIs
Adjusted KPIs During 2025, the Group reviewed the consolidated accounting treatment of an intra-group transaction in 2023 related to the transformation of MBH Investment Bank’s business activities. As a result, the figures for 2024 have been retrospectively 31 decreased by HUF 6.5 bn, which was also
Slide 32: Unadjusted KPIs
Unadjusted KPIs During 2025, the Group reviewed the consolidated accounting treatment of an intra-group transaction in 2023 related to the transformation of MBH Investment Bank’s business activities. As a result, the earnings figures for 2024 have been 32 retrospectively decreased by HUF 6.5 bn, whi
Slide 33: Unadjusted and adjusted P&L
Unadjusted and adjusted P&L P&L 1Q 2026 Unadjusted Adjusted (HUF bn) P&L P&L Net operating income -18.3 62.4 Gross operating income 172.1 149.0 Net interest income 114.5 114.5 Net fee and commission income 50.2 27.0 Other operating income 7.5 7.5 FX and FV results 6.8 6.8 Other income 0.7 0.7 Operat
Slide 34: Main changes in the regulatory environment and post-closing events (1)
Main changes in the regulatory environment and post-closing events (1) # Változások Q1-ben The legislation for a housing subsidy of 1 million forints per year to be provided to public service employees became effective from 1 January 2026. It can be used as downpayment of a 1 housing loan or monthly
Slide 35: Main changes in the regulatory environment and post-closing events (2)
Main changes in the regulatory environment and post-closing events (2) Post-closing events Dr. Ilona Török as a member of the Supervisory Board of the Company accepted her appointment as of 1 April 2026, which was approved by the National Bank of Hungary in its resolution 1 No. H-EN-I-564/2025 of 11
Slide 36: Definitions of KPIs
Definitions of KPIs KPI Short description Formulation KPI Short description Formulation Annualised adjusted PAT (HUF bn) Provision/ Provision for customer loans (HUF bn) ROAE Adjusted rate on average equities Provision to Total Assets Average equities (HUF bn) Total Assets Total Assets (HUF bn) Annu
Slide 37: Abbreviations
Abbreviations Secured loans Home Loans + Free-to-Use M ortgages Unsecured loans Personnel loans + Baby loans + Other consumer loans FVTOCI Fair value through OCI FVTPL Fair value through P&L FTE Full time equivalent NPL Non performing loans DPD90+ Days past due over 90 days ROE, ROAE Return on (aver
Slide 38: Disclaimer
Disclaimer M3H BANK
Slide 39: Disclaimer
DISCLAIMER This presentation contains or may contain statements that are or may be deemed to be, “forward-looking statements” which are prospective in nature. Such statements are qualified in their entirety by the inherent risks and uncertainties surrounding future Investor relations expectations. F