Nova Ljubljanska banka dd Ljubljana (LSE:NLB)
€ 26 -0.6 (-2.26%) Market Cap: 2.63 Bil Enterprise Value: 367.28 Mil PE Ratio: 4.45 PB Ratio: 0.81 GF Score: 67/100
Back to the Transcripts List

Q3 2024 Nova Ljubljanska Banka dd Ljubljana Earnings Call Transcript

Nov 7, 2024 / 03:00 PM GMT
Release Date Price: €25.9 (+1.57%)

Key Points

Positve
  • Nova Ljubljanska banka dd Ljubljana (FRA:N1V2) reported strong growth across all client segments and geographies, including successful integration of Summit Leasing.
  • The bank maintained a solid trend in net operating income with stable margins and a strong cost-to-income ratio.
  • The macroeconomic environment in the region remains promising, with low unemployment and higher growth rates compared to the Eurozone.
  • The bank has been proactive in managing interest rate risks by shifting to fixed rates and focusing on fee income origination.
  • Nova Ljubljanska banka dd Ljubljana (FRA:N1V2) is investing significantly in digitalization, which is expected to enhance operational efficiency and customer service.
Negative
  • The bank faces uncertainties due to economic turbulences in Germany and the broader European manufacturing sector.
  • There are tensions related to wage inflation and the need to invest in digitalization, which could impact short-term profitability.
  • The cost-to-income ratio target has been revised from 45% to 48% for 2025, indicating potential cost pressures.
  • The automotive industry, particularly in Germany, poses risks due to its current challenges, which could affect related sectors.
  • The bank anticipates a transitional period in 2025 with potential higher cost of risk due to swift rate reductions and ongoing investments.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

NLBR.LJ - Nova Ljubljanska Banka dd Ljubljana
Q3 2024 Nova Ljubljanska Banka dd Ljubljana Earnings Call
Nov 07, 2024 / 03:00PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Here, we are a part of something bigger, planting our roots and building a sustainable future, focusing on the success of our colleagues customers and the whole region.

Here, we make sure that economy runs smoothly every single day and thus provide financial stability, being trusted advisor and helping individuals navigate challenges.

Here. We cherish knowledge as the greatest currency and ties between us as the biggest drivers of progress, fostering resilience as challenges on our opportunities and nurturing creativity as it sparks innovation, we inspire individuals as change always begins with one single person.

Here is where our hearts and our souls feel most at home and
Already have an account? Log in
Get the full story
Start 7-Day Free Trial
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
Research Tools
All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Discussion Board
Product
Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App 中文
Education
Financial Glossary Tutorials FAQ Schedule Free Session Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation
Company
About GuruFocus Career Contact Us Advertise Site Map Term of Use Privacy Policy Referral Program Partner Program
Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey
Follow Us
download GuruFocus on Apple store download GuruFocus on Google Play
Disclaimers
GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.
© 2004-2024 GuruFocus.com, LLC. All Rights Reserved.