Oct 28, 2024 / 09:00AM GMT
Operator
Good day. And thank you for standing by. Welcome to the BAWAG Group Q3 2024 results call. (Opearator Instructions). I would now like to hand the conference over to our first speaker today Anas Abuzaakouk CEO. Please go ahead.
Anas Abuzaakouk - BAWAG Group AG - Chairman of the Managing Board, Chief Executive Officer
Thank you operator. I hope everyone is doing well this morning. I'm joined by Enver our CFO. Before we jump into Q3 results, I'm happy to announce that we received ECB approval for the acquisition of Knab in the Netherlands last Friday.
We're excited about welcoming the team rolling out the integration plans and pursuing the many opportunities ahead of us as for third quarter results, let's start on slide three.
We delivered net profit of EUR178 million EPS of EUR2.25 and a return on tangible common equity of 24% during the third quarter, tangible book value per share was EUR38.48 up by 16% versus prior year and up 3% versus prior quarter.
The operating performance of our business was very strong with pre provision profits
Q3 2024 BAWAG Group AG Earnings Call Transcript
Oct 28, 2024
Already have an account? Log in
Get the full story
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers