Mbh Bank Plc. Class A · BET:MKBBANK
Mbh Bank Plc. Class A — H1 2026 Earnings Presentation
39 slides from Mbh Bank Plc. Class A's earnings presentation, Aug 27, 2026
Slide 1: MBH Group 1H 2026 results
MBH Group 1H 2026 results Investor Presentation 27th August 2026
Slide 2: Executive summary
Executive summary 3 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 (alternative performance measurement indicators Business environment 5 – APM). For definition and calculat
Slide 3: Executive summary
Executive summary M3H BANK
Slide 4: Key highlights of 1H 2026
Key highlights of 1H 2026 Market shares Corporate Lending 18.2%, ROE* Loans LCR Deposit 18.6% 12.2% +2.1% y/y 145.0% Retail Lending 18.8%, Deposit 15.3% Leasing Portfolio 26.6% Agri and food loans** NPL CAR 25.8% 3.6% 20.9% MBH Fund management 8.2% 4 * ROE (PAT, ADJ) – adjusted data, for details see
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% 6.0% 5.1% 3.8% 4.4% 2.8% 3.3% 3.3% 2.6% 3.1% 2.7% 3.5% 3.6% 1.1% 4.1% -1.1% 3.5% 3.5% 2.1% 1.4% -4.1% -3.8% 0.9% 0.5% 0.7% -4.6% -5.3% -1.4% -3.6% -3.2% -2.6% -3.2%
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 2.9 87.4 1.7 1.8 2.0 1.9 0.6 0.3 0.0 77.7 76.0 75.3 75.0 74.6 74.1 73.5 73.3 59.3 59.7 -0.9 -3.6 -7.9 -9.0 Romania Poland Euro USA 22 23 24 25 25 25 25 26 Ro
Slide 8: Interest rate and FX rate environment
Interest rate and FX rate environment Temporary pause can come in rate cuts after the easing this summer Short-term rates FX rates (01.01.2025=100%) 3M rates (%) 6.50 6.47 6.45 5.84 5.69 5.39 5.37 5.22 3.83 3.85 3.73 2.32 09/25 12/25 03/26 06/26 09/26 12/26 03/27 Czechia Romania Poland USA Euro area
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) -4.2% 19,108 +0.2% 17,434 17,460 17,938 17,029 16,365 16,732 15,455 15,968 16,087 15,221 +4.0% 13,669 13,698 14,327 13,132 12,976 13,580 12,068 12,547 12
Slide 10: Financial performance
Financial performance M3H BANK
Slide 11: Close to HUF 75 bn adjusted profit in 1H 2026
Close to HUF 75 bn adjusted profit in 1H 2026 Adjusted PAT (HUF bn), Adjusted ROE1 (%), Accounting ROE2 (%) 12.4% -6.3% -1.0% 9.5% -3.7% 14.1% 17.7% 17.3% 12.2% 6.8% ▪ Adjusted return on equity reaching 97.7 74.7 12.2% in 1H 2026 (accounting ROE at 74.7 54.1 -3.7%). 44.2 40.1 23.8% 97.3 ▪ HUF 74.7 b
Slide 12: Accounting losses at HUF 22.5 bn; adjusted PAT HUF 74.7 bn
Accounting losses at HUF 22.5 bn. Adjusting for the impact of extra profit tax, banking tax and interest rate cap, PAT for the half year stood at HUF 74.7 bn Accounting profit after tax (HUF bn), ROE1 (%) 1H 2026 adjusted profit after tax breakdown (HUF bn) 9.5% 2Q 1Q -3.1 0.0 0.0 23.8 20.7 Accounti
Slide 13: MBH Group's gross income reached HUF 283.4 bn in 1H 2026
MBH Group’s gross income reached HUF 283.4 bn in 1H 2026 Gross Operating Income (GOI, HUF bn)1, TRM % Net interest income (HUF bn), NIM % 4.5% 4.6% 4.4% 4.4% 4.3% 4.4% 4.1% 3.7% * 3.8% 3.6% 3.5% 3.6% 3.3% 3.1% 275.5 283.4 +2.9% 238.0 3.3% 215.0 -9.7% 134.2 135.8 141.9 149.0 134.4 116.8 112.7 103.6 1
Slide 14: 2.1% y/y increase in the total loan book
2.1% y/y increase in the total loan book, with growth primarily in the retail segment Customer gross loan portfolio (HUF bn) Corporate1 -0.3% -2.1% 19.8% 19.3% 19.1% 18.8% 6,204.8 6,217.1 6,346.0 6,359.3 6,337.0 18.2% +2.1% -2.0% 3,039.5 3,005.0 3,061.5 3,041.4 2,977.2 2Q 2025 3Q 2025 4Q 2025 1Q 202
Slide 15: Double-digit annual increase in housing and personal loans
Double-digit annual increase in both housing and personal loan volumes and new loan contracts Retail housing loans – Retail housing loans – Gross volume (HUF bn) and market share (%) New loan contracts (HUF bn) and market share (%) Retail housing loans: 24.0% 23.6% 22.4% 21.4% 20.6% ▪ Retail housing
Slide 16: 2.2% y/y decrease in the deposit book
2.2% y/y decrease in the deposit book Customer deposit portfolio (HUF bn) -6.6% Corporate1 -6.2% 20.0% 19.7% 20.7% 7,925.4 7,909.9 8,343.7 8,297.7 19.4% 18.6% 7,751.5 -2.2% +1.4% 4,582.2 4,545.8 5,005.5 4,951.8 4,647.0 2Q 2025 3Q 2025 4Q 2025 1Q 2026 2Q 2026 2Q 2025 3Q 2025 4Q 2025 1Q 2026 2Q 2026 R
Slide 17: 9.4% increase in costs y/y, C/I ratio at 64.2%
9,4% increase in costs y/y, C/I ratio at 64.2% for 1H 2026 Operating expenses (HUF bn) Personnel expenses (HUF bn) 181.9 166.2 +9.4% +10.0% 74.9 79.4 108.1 +8.7%2 +6.0% +3.2% 90.1 86.8 86.6 95.2 48.5 38.3 40.5 39.1 40.3 2Q 2025 3Q 2025 4Q 2025 1Q 2026 2Q 2026 1H 2025 1H 2026 2Q 2025 3Q 2025 4Q 2025
Slide 18: HUF 14.6 bn risk cost charge in the quarter
HUF 14.6 bn risk cost charge in the quarter Total risk cost (HUF bn) Coverage (%) 0.9% 0.3% 134.3% 2 -0.4% -0.4% -0.3% 117.8% 102.6% 101.0% 98.9% -1.5% -1.6% 14.6 0.2 8.8 14.4 0.8 2.8 0.9 8.0 -5.3 0.6 0.7 -6.4 0.6 4.7% 4.3% -8.3 3.6% 3.6% 3.6% -4.7 -24.7 -25.5 -5.8 -7.4 2Q 2025 3Q 2025 4Q 2025 1Q 20
Slide 19: Stable capital position
Stable capital position – q/q increasing capital adequacy Shareholders’ Equity (HUF bn) Capital Adequacy (%) 23.4% -24.4 22.9% 22.0% 22.9% 20.7% 20.9% 1,261.2 1,236.8 22.1% 19.3 21.3% 165.1 20.7% 20.9% 7.1 19.2% 20.2% 18.7% 18.3% 18.3% 2Q 2025 3Q 2025 4Q 2025 1Q 2026 2Q 2026 Tier 2 CET 1 CAR (accoun
Slide 20: MREL requirements and adequacy
MREL requirements and adequacy Regulatory MREL requirements and compliance: TREA (%) and TEM (%), YE 2024 – 2Q 2026 MREL new issuances (HUF bn) 26.4% 26.6% 22.5% 366 355 19.0% 18.0% 77 15.5% 11.4% 11.8% 9.6% 289 5.9% 5.9% 5.9% 2025 1-7M 2026 YE 2024 YE 2025 2Q 2026 Senior pref. MREL Tier2 MREL - TRE
Slide 21: LTD at ~80%, LCR above 140%
LTD at ~80%, while the liquidity coverage ratio above 140% by end of Q2 2026 Customer deposits (HUF bn) LTD1 (%) -2.2% 81.8% 78.3% 78.6% 8,343.7 8,297.7 76.1% 76.6% 7,925.4 7,909.9 7,751.5 4,345.7 4,217.0 4,336.5 4,242.9 3,955.4 2Q 2025 3Q 2025 4Q 2025 1Q 2026 2Q 2026 3,589.0 3,667.0 3,998.0 4,080.6
Slide 22: Additional information
Additional information
Slide 23: 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 in
Slide 24: Updates on ESG
Updates on ESG “Journey to a Sustainable Future” Award For the first time, MBH Bank presented its "Journey to a Sustainable Future” Award, recognizing corporate and agri- food sector clients that have implemented exemplary sustainability initiatives. This year’s award winners included companies that
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 MBH Bank's brand ambassador communication received STRIX Awards a marketing diamond rating in three categories: FocusEconomics Focus Awards – Big Economies 2026 • Euroleasing's artificial intelligence campaign • Collaborations & Sponsorships •
Slide 27: Awards and Recognitions (3)
Awards and Recognitions (3) Privátbankár.hu – Klasszis Asset Management Awards 2026 • 1st place – MBH US Equity Fund (HUF Class) – Best Developed Markets Equity Fund Excellent Customer Service Program • 1st place – MBH Real Estate Investment Fund – Best Real Future Club • Fundamenta achieved 1st pla
Slide 28: Annexes
Annexes M3H BANK
Slide 29: Key ratios overview (adjusted)
Key ratios overview (adjusted) ROE1 % TRM % LCR % 17.7% 17.3% 4.6% 4.4% 4.4% 158.6% 4.3% 4.1% 142.3% 145.0% 14.1% 12.2% 6.8% 2Q 2025 1Q 2026 2Q 2026 1H 2025 1H 2026 2Q 2025 1Q 2026 2Q 2026 1H 2025 1H 2026 2Q 2025 1Q 2026 2Q 2026 C/I % NPL % ▪ Adjusted ROE reaching 12.2% in 1H 2026 70.9% 3.6% 67.1% 6
Slide 30: Adjusted P&L
Adjusted P&L ADJUSTED P&L 2023 2024 2025 2026 Y-Y (Y) Y/Y Q/Q (HUF bn) FY FY 1Q 2Q 3Q 4Q 1H FY 1Q 2Q 1H Net operating income 370.2 308.0 65.2 44.1 49.1 33.8 109.3 192.1 62.4 39.1 101.5 -7.1% -11.3% -37.3% Gross operating income 664.1 637.6 141.3 134.2 135.8 141.9 275.5 553.3 149.0 134.4 283.4 2.9% 0
Slide 31: Balance sheet
NM3+1 Balance sheet STATEMENT OF BAI }CE SHEET 2023 2024 2025 2016 y, (HUF b 40 40 1Q 2Q ini ae I Financial assets 1516.9 1,249.4 1,294.7 1,621.4 1,230.7 I 1,266.1! -2.2% 2.9% Trading portfolio 274.6 259.1 264.3 256.0 288.9 | 230.1! -12.9% -20.3% Securities 3,907.2 4,596.2 4,384.6 4,288.7 4,802.4 )
Slide 32: Adjusted KPIs
Adjusted KPIs KPIs based on adjusted PAT and Balance Sheet 2023 2024 2025 2026 ∆%-p ∆%-p ∆%-p (HUF bn) FY FY 1Q 2Q 3Q 4Q 1H FY 1Q 2Q 1H Y-Y (Y) Y-Y Q-Q Profitability TRM - Total Revenue Margin 6.25% n/a 4.53% 4.26% 4.36% 4.47% 4.39% 4.40% 4.65% 4.14% 4.39% 0.00% -0.12% -0.51% NIM - Net Interest Marg
Slide 33: Unadjusted KPIs
Unadjusted KPIs KPIs based on unadjusted PAT 2023 2024 2025 2026 ∆%-p ∆%-p ∆%-p (HUF bn) FY FY 2Q 1H FY 1Q 2Q 1H Y-Y (Y) Y-Y Q-Q Profitability TRM - Total Revenue Margin 6.74% 5.99% 4.95% 5.11% 5.14% 5.37% 4.36% 4.86% -0.25% -0.59% -1.01% NIM - Net Interest Margin 5.32% 4.16% 3.65% 3.76% 3.58% 3.57%
Slide 34: Unadjusted and adjusted P&L
Unadjusted and adjusted P&L 34 The impact of interest rate cap was added to the adjustments this quarter, in addition to the extra profit tax and banking tax.
Slide 35: Changes in the regulatory environment and post-closing events
Changes in the regulatory environment and post-closing events # Main changes in 2Q 1 Benchmark central bank interest rate fell to 6.0% in the 2Q 2026. The government has indefinitely extended the interest rate cap, which was set to expire on 30 June 2026, and which applies to mortgage loans with a v
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