Q2 2019 BAWAG Group AG Earnings Call Transcript
Good day, ladies and gentlemen, and welcome to BAWAG Group Q2 2019 Results Call. (Operator Instructions) As a reminder, this conference is being recorded and a replay as well as a transcript thereof will be available on BAWAG Group's website.
I would now like to turn the conference over to Anas Abuzaakouk, Chief Executive Officer. Please go ahead, sir.
Thank you, operator. Good morning, everyone, and thank you for joining our second quarter earnings call. As usual, I'm joined this morning by Enver, our CFO. So let's get right into it.
On Slide 3, we had a strong second quarter delivering net profit of EUR 122 million and an earnings per share of EUR 1.23, up 4% and 6%, respectively versus the prior year, delivering return on tangible common equity of 15.3% for the quarter.
On a half-year basis, we delivered net profit of EUR 219 million and an earnings per share of EUR 2.21, up 8% and 9%, respectively versus the prior year and a return on tangible common
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