MBH Bank Q1 Profit Before Tax of Almost HUF 70 Bn

MBH Bank closed the first quarter with a stable high profitability: its total assets grew by almost 8.8% year-on-year to more than HUF 12,824 billion, the adjusted pre-tax profit of the banking group amounted to HUF 67.9 billion, and its adjusted return on equity reached 20.5%, the company told MTI on Wednesday.

They added that MBH Bank's equity increased from HUF 1,139.5 billion at the end of 2024 to HUF 1,143.2 billion, and its capital adequacy ratio is 20%, which continues to significantly exceed regulatory expectations.

It was reported that MBH Bank paid bank and extra profit tax of more than HUF 43 billion for the full year in the first quarter.

The statement quoted Péter Krizsanovich, MBH Bank's Deputy CEO for Strategy and Finance, as saying that their first quarter results provide a solid financial foundation for the rest of the year. Their consistently high profitability, solid capital adequacy and liquidity ratios, and balanced portfolio quality will allow them to continue to move forward with their strategic plans in a challenging economic environment.

It was also pointed out that MBH Bank's customer deposits almost reached HUF 8019 billion at the end of the quarter, an increase of 5.7% compared to the same period last year. And gross loans stood at HUF 6,126 billion, up 8.6% on the first quarter of 2024.

They also pointed out that corporate deposits stood at nearly HUF 4,587 billion, an increase of 13.6% compared to the first quarter of last year. Gross loans in the corporate segment increased by 9.3% year-on-year to HUF 3,010.8 billion at the end of the first quarter of 2025. "MBH Bank has further strengthened its market leadership in corporate lending," the company said in a statement.