Once again Alior Bank managed to achieve very good financial results
In 2Q 22 the revenues of the Alior Bank Group amounted to PLN 1.2 bn - these are the highest revenues in its entire history. In comparison to 2Q 21 the revenues increased by PLN 307 mn (+34%).
interest income amounted to PLN 972 mn (+46% y/y)
fee income amounted to PLN 221 mn (+20% y/y)
The net profit in 2Q 22 amounted to PLN 216 mn and was 75% higher than in 2Q 21.
The net result of 2Q 22 was burdened by the cost of joining the Protection Scheme in the amount of PLN 195 mn, what was related to the lack of a contribution to the BFG deposit guarantee fund of PLN 30 mn. The total impact of these events on the Alior Bank Group's net profit in 2Q 22 was approximately PLN 128 mn.
Adjusted net profit in 2Q 22 was approximately PLN 344 mn, while adjusted net profit in 1H 22 was approximately PLN 570 mn.
4
Total revenues (PLN mn)
PLN +307 mn
+34%
1 200
1 093
893
918
935
2Q 21
3Q 21
4Q 21
1Q 22
2Q 22
Net profit (PLN mn)
PLN +92 mn
(adjusted net profit PLN +221 mn)
344
226
128
57
150
169
216
124
100
2Q 21
3Q 21
4Q 21
1Q 22
2Q 22
One-offs
Net Income
Stable growth of the Bank, consistent improvement in efficiency
Assets (PLN bn)
Loan volume gross (PLN bn)
Deposits volume* (PLN bn)
+7%
+1%
+4%
84,2
63,2
63,2
62,6
62,6
79,0
2Q 21
2Q 22
2Q 21
2Q 22
2Q 21
2Q 22
C/I 2Q 22ROE 2Q 22NIM 2Q 22TCR 2Q 22
49,3%
15,9%
5,11%
13,99%
+6,8 p.p. y/y
+8,3 p.p. y/y
+1,53 p.p. y/y
-0,96 p.p. y/y
C/I 2Q 22
ROE 2Q 22
CoR 2Q 22
NPL 2Q 22
(adj.)**
(adj.)***
36,9%
25,0%
1,46%
10,70%
+6,9 p.p. y/y
+17,5 p.p. y/y
-0,25 p.p. y/y
-2,27 p.p. y/y
* Liabilities towards customers
5 ** Ratio calculated with an assumption of linear distribution of the contribution to the BFG resoluton fund and 128 PLN mn of the impact of one-off events on total costs in 2Q 22
*** Ratio calculated with an assumption 128 PLN mn of the impact of one-off events on total costs in 2Q 22
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Alior Bank SA published this content on 02 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 August 2022 22:31:01 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. 
