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Moneta Money Bank as (MONET.PR)

MONET.PR on Prague Stock Exchange

76.70CZK
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Latest Key Developments (Source: Significant Developments)

Moneta Money Bank CEO sees upside potential to dividend outlook
Wednesday, 8 Aug 2018 02:28am EDT 

Aug 8 (Reuters) - Moneta Money Bank as ::MONETA MONEY BANK CEO SPURNY SAYS THERE IS UPSIDE POTENTIAL TO DIVIDEND OUTLOOK.MONETA MONEY BANK CEO SAYS IN H2 WE WILL CONSIDER ALTERING CAPITAL STRUCTURE THROUGH POTENTIAL BOND ISSUANCE.MONETA MONEY BANK CEO SAYS BANK WILL SEEK TO COMPLETE ONE MORE NPL SALE AT END Q3.MONETA MONEY BANK CEO SAYS HAS BEEN CONSISTENT IN SAYING BANK WOULD PREFER TO BE A BUYER RATHER THAN TARGET IN ANY BANKING SECTOR CONSOLIDATION.MONETA MONEY BANK CEO SAYS BELIEVES WE ARE AT THE PEAK OF THE COUNTERCYCLICAL BUFFER RATE.Q2 earnings and outlook: nP7N1SO002.  Full Article

Moneta prepared to support buyout offer, has not received any
Monday, 2 Jul 2018 09:36am EDT 

July 2 (Reuters) - Moneta Money Bank as ::MONETA BOARD SAYS IS PREPARED TO SUPPORT ANY MEANINGFUL OFFER FROM POTENTIAL BUYERS TO BUY MONETA.MONETA SAYS HAS NOT BEEN CONTACTED SO FAR AND HAS LEARNED ABOUT RAIFFEISENBANK'S POTENTIAL INTEREST FROM THE MEDIA.  Full Article

Moneta Money Bank books CZK 110 mln pre-tax profit on NPL sales
Friday, 18 May 2018 05:46am EDT 

May 18 (Reuters) - Moneta Money Bank as ::MONETA MONEY BANK SAYS SOLD TWO BAD LOAN PACKAGES IN APRIL AND MAY, BOOKING CZK 110 MILLION PRE-TAX PROFIT.MONETA MONEY BANK SAYS WILL CONTINUE WITH SALES OF NPLS THIS YEAR, DEPENDING ON MARKET CONDITIONS.  Full Article

Moneta says will consult shareholders on buyback, dividend policy, authorisation to issue stock
Thursday, 17 May 2018 12:36pm EDT 

May 17 (Reuters) - Moneta Money Bank as ::MONETA MONEY BANK SAYS, IN RESPONSE TO SHAREHOLDER PETRUS ADVISORS , REVIEWING OUR EXISTING DIVIDEND POLICY AND MAY PROPOSE CHANGES IN THE FUTURE.MONETA MONEY BANK SAYS WILL START ON BUYBACK PROJECT, WILL TAKE 9-12 MONTHS TO OBTAIN NECESSARY APPROVALS.MONETA MONEY BANK SAYS WE CONTINUALLY MONITOR POTENTIAL ACQUISITION OPPORTUNITIES.MONETA MONEY BANK SAYS WE SHALL CONSIDER REQUESTING AUTHORISATION AT OUR NEXT SHAREHOLDER MEETING FOR BOARD TO ISSUE STOCK.MONETA MONEY BANK SAYS WILL SEEK BROADER SHAREHOLDER INPUT IN Q3 ON: INTRODUCTION OF SHARE BUYBACK PROGRAM, AUTHORISATION TO ISSUE NEW SHARES, CHANGES TO THE DIVIDEND POLICY, SHARE BUYBACK IMPLEMENTATION.MONETA MONEY BANK SAYSSUBSEQUENTLY, WE SHALL PLAN INCLUSION OF RESPECTIVE MATTERS AT THE NEXT SHAREHOLDER MEETING, IF THE BANK RECEIVES SUFFICIENT SUPPORT FROM WIDER SHAREHOLDER BASE.  Full Article

Moneta Money Bank Q1 profit rises, raises FY outlook
Thursday, 10 May 2018 12:49am EDT 

May 10 (Reuters) - Moneta Money Bank as ::MONETA MONEY BANK Q1 NET PROFIT CZK 1.17 BILLION VERSUS CZK 1.14 BILLION SEEN IN REUTERS POLL.MONETA MONEY BANK Q1 NET BANKING INCOME CZK 2.39 BILLION VERSUS CZK 2.48 BILLION SEEN IN REUTERS POLL.MONETA MONEY BANK SAYS CZK 475 MILLION GAIN DELIVERED TO COST OF RISK FROM SALE OF NOMINAL VALUE OF CZK 2.3BN OF NPLS.MONETA MONEY BANK SAYS IMPROVING 2018 GUIDANCE, TARGETING TO DELIVER CONSOLIDATED NET PROFIT OF CZK 3.5 BILLION.MONETA MONEY BANK SEES COST OF RISK IN 2018 AT 35-45 BPS, CONFIRMS OTHER GUIDANCE.MONETA MONEY BANK SAYS Q1 LOAN BOOK GROWTH 12.6 PERCENT Y/Y.MONETA MONEY BANK SAYS SLOWDOWN IN EROSION OF NII IN Q1, MANAGEMENT BELIEVES REVERSAL POINT IS APPROACHING DUE TO MARGIN STABILIZATION AND GROWTH.  Full Article

Moneta Money Bank says AGM approves dividend 8 crowns per share
Wednesday, 25 Apr 2018 09:40am EDT 

April 25 (Reuters) - Moneta Money Bank as ::MONETA MONEY BANK SAYS AGM APPROVES DIVIDEND CZK 8 PER SHARE.  Full Article

Moneta Money Bank CEO: primary growth strategy is organic, monitoring M&A
Wednesday, 7 Feb 2018 02:00am EST 

Feb 7 (Reuters) - Moneta Money Bank As ::MONETA MONEY BANK CEO TOMAS SPURNY SAYS BELIEVES TO REVERSE DECLINE IN NII BY Q4 2018.MONETA MONEY BANK CEO SAYS OUR PRIMARY STRATEGY IS ORGANIC GROWTH, MONITORING ACQUISITION MARKET.MONETA MONEY BANK CEO SAYS MANAGEMENT IS ALSO OPEN-MINDED TO CONSOLIDATION INVOLVING BANK.MONETA MONEY BANK CEO SAYS WE WILL ENTERTAIN WHATEVER IS GOOD FOR OUR SHAREHOLDERS.MONETA MONEY BANK CEO SAYS TARGET IS TO SELL IN EXCESS OF CZK 6 BILLION FACE VALUE ON NPLS IN 2018.  Full Article

Moneta Money Bank meets 2017 profit forecast, proposes CZK 8/share dividend
Wednesday, 7 Feb 2018 01:00am EST 

Feb 7 (Reuters) - Moneta Money Bank As ::MONETA MONEY BANK FY 2017 NET PROFIT CZK 3.9 BILLION (VERSUS COMPANY OUTLOOK CZK 3.9 BILLION).MONETA MONEY BANK SAYS MANAGEMENT PROPOSES CZK 8/SHARE GROSS DIVIDEND FOR 2017 PAYOUT.MONETA MONEY BANK SAYS 2017 LOAN GROWTH 10.8 PERCENT Y/Y.MONETA MONEY BANK SAYS CORE NII EROSION CONTINUOUSLY DECELERATES Q/Q.MONETA MONEY BANK SAYS GRADUALLY PROGRESSING TOWARDS 15.5 PERCENT MEDIUM TERM CAPITAL TARGET WITH IFRS9 TOTAL CHARGE OF CZK 638 MILLION TO BE BOOKED IN JANUARY 2018.MONETA MONEY BANK Q4 NET PROFIT CZK 804 MILLION VERSUS CZK 811 MILLION SEEN IN REUTERS POLL.MONETA MONEY BANK Q4 NET BANKING INCOME CZK 2.58 BILLION VERSUS CZK 2.5 BILLION IN REUTERS POLL.MONETA MONEY BANK SAYS 2017 COST OF RISK 32 BPS, SAYS BASED ON LATEST CNB FINANCIAL STABILITY REPORT COST OF RISK LIKELY TO BOTTOM OUT DURING 2018.MONETA MONEY BANK SAYS DURING 2018 MONETA WILL FURTHER SEEK TO MONETIZE ON AND OFF BALANCE SHEET LEGACY NPLS, SUBJECT TO MARKET DEMAND AND CONDITIONS.MONETA MONEY BANK SAYS EXPECTS 2018 NET CONSOLIDATED PROFIT AT LEAST CZK 3.4 BILLION, RISING TO CZK 3.8 BILLION IN 2020.MONETA MONEY BANK SAYS EXPECTS 2018 LOAN BOOK GROWTH AT 9 PERCENT.MONETA MONEY BANK SAYS EXPECTS 2018 TOTAL OPERATING INCOME AT LEAST CZK 9.5 BILLION.MONETA MONEY BANK SAYS MANAGEMENT PLANS TO PROPOSE 2017 – 2020 AGGREGATE DIVIDEND PAYOUT OF CZK 11.5 BILLION.  Full Article

Moneta CEO says to repeat NPL sales next year
Thursday, 9 Nov 2017 02:29am EST 

Nov 9 (Reuters) - Moneta Money Bank As :Moneta CEO Tomas Spurny says selling CZK 4.9 billion in non-performing loans this year.Says we plan to at least repeat CZK 5 billion in sales of NPLs next year.NPL sales will have positive impact on cost of risk.Says we expect growth in NPLs due to interest rate growth ahead; but so far have cut NPLs to 4.4 percent from nearly 15 pct several years ago.Would not comment more on dividend plans until February; bank has been distributing excess capital.Says implementing IFRS 9 standards will raise cost of risk by 10-15 percent.Says delivering on our strategy to pay strong dividend while restructuring bank for growth.Says lending growth ate CZK 821 mln in capital this year.Says mortgage rates up; consumer lending rates still down, we hope this trend will stop with growing official interest rates.Says we bought about CZK 3 billion in state bonds in Q3, plan more as monetary policy changes market.Costs dropping, under control.Building digital platforms as source for growth .  Full Article

Moneta raises guidance after Q3 net profit of CZK 924 mln
Thursday, 9 Nov 2017 01:10am EST 

Nov 9 (Reuters) - Moneta Money Bank As :Moneta says Q3 net profit CZK 924 million versus 909 million year ago.Moneta says full-year net profit guidance CZK 3.9 billion CZK versus previous target 3.65 billion and original guidance of 3.4 bln.Moneta says plans to pay out significantly above 70 percent of net profit in dividend for 2017.Moneta says expecting full-year cost of risk 50-60 bps vs original guidance of 100-110 bps.  Full Article