Komercni Banka AS (LTS:0IKH)
Kč 534 0 (0%) Market Cap: 155.43 Bil Enterprise Value: 212.79 Bil PE Ratio: 9.97 PB Ratio: 1.29 GF Score: 61/100

Half Year 2019 Komercni Banka as Earnings Call Transcript

Aug 01, 2019 / 12:00PM GMT
Release Date Price: Kč899.5
Operator

Hello and welcome to Komercní banka Second Quarter 2019 Financial Results Call. My name is Mahan, and I'll be your coordinator for today's event. (Operator Instructions)

I am now handing you over to your host, Jan Juchelka, to begin today's conference. Thank you.

Jan Juchelka;banka
KomercnÃ;a.s. - Chairman of the Board & CEO

­ -

Hello, good afternoon, everybody. It's my pleasure to have you on the line and proudly present with my colleagues from the management team the second quarter and first half results of Komercní banka.

I will jump directly to the presentation, which is, I guess, in front of you. And let me start with the macroeconomic environment in frame if I may, because the country has achieved another very strong quarter with continuous growth of GDP. In the first quarter, we reported 2.8% growth year-over-year and plus 0.6% on a quarter-over-quarter basis. The unemployment remains extremely low, which is pushing back on nominal wages, which was up on year-over-year in the first quarter by 7.4%. House

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