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21st Austria weekly - Erste Group Bank, Porr (28/02/2023)

21st Austria weekly - Erste Group Bank Porr 28/02/2023 [pic1]Erste Group: Bank reported a 16.3% rise in its operating result to 4 billion euros preliminary results for 2022. Net interest income NII increased by 19.6% 5.95 on the back of strong loan volume growth and rate hikes across all Group’s core markets. fee commission rose 6.5% 2.45 euros supported significant payment services asset management. The cost-income ratio improved 53.4% as outpaced that expenses. banking group’s bottom line 2022 came at 2.16 2021: 1.92 euros. also confirmed financial outlook 2023 which includes continued around 5% NII ca. 10%. group will propose FY2022 dividend 1.90 per share shareholders annual general meeting May.Erste performance: 6.48% Porr: In business year construction production output EUR

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