Another quarter with very good financial results - record levels of revenues and net profit
In 1Q'23 Alior Bank Group revenues amounted to PLN mn 1 330. This is a historic record for Alior Bank.
interest income PLN mn 1 103 (+28% y/y)
fees and commissions PLN mn 209 (+9% y/y)
Compared to 1Q'22 revenues increased by PLN mn 236 (+22%).
In 1Q'23 the Bank adjusted provisions for the credit moratoria by PLN mn 11 to a total amount of PLN mn 513 (75% participation by volume).
In 1Q'23 the Bank was additionally charged with a provision for contribution to the Borrower Support Fund for its compulsory restructuring fund amounting to PLN mn 57.5.
Net profit for 1Q'23 was PLN mn 366 and was PLN mn 197 197 (+116%) higher than in 1Q'22. This is a historic record for Alior Bank quarterly profit.
Net profit adjusted for credit moratoria provisions for 1Q'23 was PLN mn 375.
4
* Detailed on slide 38
Total revenues (PLN mn)
+247 mn
1 292
1 322
1 341
1 200
11
1 093
525
1 330
+236 mn
y/y
767
1Q 22
2Q 22
3Q 22
4Q 22
1Q 23
One-offs*
Total income (PLN M)
Net profit (PLN mn)
+179 mn
431
375
369
375
9
8
196
158
494
+197 mn
27
360
366
y/y
216
169
-63
1Q 22
2Q 22
3Q 22
4Q 22
1Q 23
One-offs*
Net Income
A successful quarter for Alior Bank - noticeable improvement in efficiency, profitability and portfolio quality
Assets (PLN bn)
-0.4%
84,6
84,3
Gross Loans (PLN bn)
-1.7%
63,4
62,3
Gross Performing Loans* (PLN bn)
0.0%
56,2
56,1
1Q 22
1Q 23
1Q 22
1Q 23
1Q 22
1Q 23
NIM 1Q'23C/I 1Q'23TCR 1Q'23
5.81%
38.1%
15.36%
+1.23 p.p. y/y
-7.0 p.p. y/y
+0.80 p.p. y/y
COR 1Q'23
ROE 1Q'23
NPL 1Q'23
1.61%
22.7%
9.80%
+0.28 p.p. y/y
+10.8 p.p. y/y
-1.51 p.p. y/y
5
* Volume of gross loans classified to stages 1 and 2
Alior Bank SA published this content on 25 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 April 2023 22:26:05 UTC.
Alior Bank SA is a Poland-based commercial bank. The Bank divides its business into three segments: Individual Clients; Business Clients; and Treasury Activity. The operations of the Bank comprise accepting cash as demand deposits and keeping deposit accounts; maintaining other bank accounts; granting credits; giving and confirming bank guarantees and opening and confirming letters of credit; issuing banking securities; conducting banking settlements; granting cash loans; issuing payment cards; trading in securities; and pursuing brokerage services; among others. It operates through Bank BPH.
ALIOR BANK S.A. 
