MBH Bank Plc.
- Introduction
- Trading data
- Financials
- Shareholders, management
- Publications
- Product features
| Full Name | MBH Bank Plc. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Short name | MBH Bank Plc. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Sector | Banking and finance | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Contact |
HU-1056 Budapest, Váci u. 38.
Phone: +36-1-327-8600
Fax: -
Web: www.mbhbank.hu
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| Investor Relations | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Auditor | PricewaterhouseCoopers Ltd. (Auditor: Árpád Balázs) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business activity | MBH Bank is one of Hungarys leading financial institutions. The aim of this modern universal bank is to provide its nearly 2 million retail, corporate and institutional customers with up-to-date financial services and a continuously expanding range of products. MBH Bank has strong market positions in a number of segments, including in lending to micro, small and medium-sized enterprise customers, in the leasing market and in the agricultural and food industry, and it is also engaged in a wide range of money, capital market operations as well as investment service activities. Through its participations MBH Bank provides complex automotive, asset and agricultural machinery financing, fund management, consultancy, pension and health fund services and - through its strategic cooperation with CIG Pannónia Biztosító - insurance products for its customers. MBH Bank lays particular emphasis on synergies with its most important subsidiaries, including Euroleasing Zrt., MBH Befektetési Bank Zrt, MBH Alapkezelő Zrt., MBH Consulting Zrt., MBH Szolgáltatások Zrt., MBH Ingatlanfejlesztő Kft., MITRA Informatikai Zrt. and MBH Inkubátor Kft. Through its role in the domestic bank sector, its solely Hungarian ownership and extensive branch network, MBH Bank strives to provide its customers with personalised services, being committed to responsible banking, Hungarian people, businesses, local communities and the Hungarian economy. MBH Bank was established as a result of a triple merger unique in Hungary and even on the financial markets of the CEE region. The first step of the transformation was the merger of Budapest Bank and MKB Bank in 2022, which was followed on 30 April 2023 by the Takarékbank also merging into MKB Bank. The new single unified credit institution has been operating since 1 May 2023 under the name of MBH Bank, relying on the strengths, values and best practices of three commercial banks. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Listed securities of the issuer |
|
| Basic Information | |
|---|---|
| Ticker | MBHBANK |
| ISIN | HU0000139761 |
| Date of listing | 30 May 2019 |
| Currency of trading | HUF |
| Face Value | 1,000 HUF |
| Number of securities listed | 322,529,625 |
| Market Capitalisation (HUF million) | 1,870,672 |
| P/BV | |
|---|---|
| P/BV* | 1.6417 |
* Calculating based on the capitalisation of the actual series only
| Performance | |
|---|---|
* annualized yield
Key annual data
audited, consolidated, IFRS; Business Year: January 1 - December 31| 20231 | 20241 | |
|---|---|---|
| (million HUF) | (million HUF) | |
| Net interest income | 565,557 | 508,206 |
| Total non-interest income | 153,105 | 203,255 |
| Provisions for loans | 75,461 | 37,547 |
| Operating Profit (EBIT) | 299,593 | 276,692 |
| Profit before tax | 221,876 | 243,943 |
| Profit after tax | 183,190 | 205,922 |
| Dividend per (ordinary) share | 76 HUF | 6.66 HUF |
| Loans | 4,901,416 | 5,810,805 |
| Deposits from Customers | 6,957,100 | 8,052,470 |
| Total liabilities | 10,083,677 | 11,365,235 |
| Share capital | 322,530 | 322,530 |
| Shareholders equity | 1,023,371 | 1,139,456 |
| Total assets | 11,107,048 | 12,504,691 |
| Number of employees (at business year end) | 8,838 | 9,629 |
- (1) audited, consolidated, IFRS; Business Year: January 1 - December 31
Selected financial ratios
Ratios are based on data submitted by the company| 2023 | 2024 | |
|---|---|---|
| Equity Ratio | 9.85 | 9.97 |
| Return on assets (ROA) | 0.18 | 0.18 |
| Return on equity (ROE) | 0.02 | 0.02 |
Mid-year reports
non-audited, consolidated, IFRS; Business Year: January 1 - December 31| Key P&L Figures | Jan 2023 - Jun 20231 | Jan 2024 - Jun 20241 |
|---|---|---|
| (million HUF) | (million HUF) | |
| Net interest income | 283,337 | 267,350 |
| Total non-interest income | 71,9412 | 81,5112 |
| Provisions for loans | 30,0803 | 16,3323 |
| Operating profit (EBIT) | 132,4394 | 145,7304 |
| Profit before tax | 102,3595 | 129,3985 |
| Profit after tax | 84,7086 | 108,7956 |
| Key Balance Sheet Items | 30 Jun 2023 | 30 Jun 2024 |
|---|---|---|
| (million HUF) | (million HUF) | |
| Placement with other banks | 111,992 | 152,449 |
| Loans | 4,708,3137 | 5,524,8457 |
| Tangible assets | 168,3998 | 216,4878 |
| Total assets | 10,487,212 | 11,727,053 |
| Deposits from Banks | 2,203,364 | 1,960,262 |
| Deposits from Customers | 6,270,902 | 7,626,029 |
| Total liabilities | 9,594,232 | 10,617,451 |
| Shareholders equity | 892,980 | 1,109,602 |
| Share capital | 322,530 | 322,530 |
| Total liabilities and shareholders equity | 10,487,212 | 11,727,053 |
- (1) non-audited, consolidated, IFRS; Business Year: January 1 - December 31
- (2) net fees and commissions and other net non-interest income
- (3) total risk cost (provision for loan losses and other provision)
- (4) operating profit (adjusted)
- (5) consolidated adjusted before-tax profit (without the effect of adjustments)
- (6) consolidated adjusted after-tax profit (without the effect of adjustments)
- (7) net customer loans
- (8) premises, equipment and intangible assets
| Shareholders exceeding 5% stake with respect to the listed series | ||
|---|---|---|
| Name | Shareholding (%) | Share piece |
| Zenith Asset Management Zrt. | 24.84 | 80,123,046 |
| Corvinus BHG Zrt. | 20.01 | 64,524,163 |
| owners below 5% | 13.65 | 44,034,070 |
| CEE Horizon Capital Zrt. | 11.38 | 36,706,059 |
| CEE Paramount Equity Zrt. | 10.70 | 34,503,690 |
| Treasury shares | 7.00 | 22,577,074 |
| Hungary Apex Investments Zrt. | 6.21 | 20,030,762 |
| Pinnacle Asset Group Zrt. | 6.21 | 20,030,761 |
| Free Float: 13.65% | Last update: 28 Feb 2025 | |
| Note: When determining the Free Float for a particular series, all the securities of the company shall be regarded to be publicly held other than (i) the stock of securities held by holders with direct holdings of more than 5% of the total number of securities, (ii) securities in the possession of custodians, provided the certificate available to the custodian verifies that the particular person holds more than 5% of the total number of securities outstanding belonging to the series. The value of the free float is based on the data provided by the issuer. | ||
| Management | |
|---|---|
| Management Board | dr. Zsolt BARNA (Chairman and Chief Executive Officer), Marcell Tamás TAKÁCS, István SÁRVÁRY, dr. Balázs VINNAI, Ádám EGERSZEGI, Levente László SZABÓ |
| Management | dr. Zsolt BARNA (Chief Executive Officer), Ildikó GINZER (Deputy-Chief Executive Officer, Standard services), Kitti Dobi (Deputy-Chief Executive Officer, HR), Ádám Egerszegi (Deputy-Chief Executive Officer, Transformation), dr. Beatrix Mészáros (Deputy-Chief Executive Officer, Subsidiaries), Levente László Szabó (Deputy-Chief Executive Officer, Individual services), Péter Krizsanovich (Deputy-Chief Executive Officer, CFO), András BAKONYI (Deputy-Chief Executive Officer, CRO), András PUSKÁS (Deputy-Chief Executive Officer, ESG, sustainability, communication and state administration relations) |
| Supervisory Board | Kitti DOBI, Zsigmond JÁRAI, Miklós VASZILY, dr. Ilona TÖRÖK, Rita FEODOR |
| Last update: 12 Dec 2024 | |
| Publication | Report |
|---|---|
| 23 Apr 2025 17:30 | Annual report of MBH Bank Plc. for the year ending 31 December 2024 |
| 21 May 2025 09:05 | Flash Report on 1Q 2025 results |
| 23 Apr 2025 18:00 | Corporate Governance Report for 2024 |
| Publication | Articles of Association |
|---|---|
| 23 Dec 2024 12:00 | Articles of Association of MBH Bank Plc. effective from 01 December 2024 |
| Publication | Voting rights, registered capital |
|---|---|
| 02 Jun 2025 09:00 | Number of voting rights at MBH Bank Plc. as of 30 May 2025 |
| Publication | Corporate Action Timetable |
|---|---|
| 08 Apr 2025 12:45 | Extraordinary announcement on the modification of financial calendar |
| Name of security | MBH Bank share |
| Issuer | MBH Bank Plc. |
| Equity class | Ordinary share |
| Type of security | Registered |
| Form of security | Dematerialised |
| Code of security (ISIN) | HU0000139761 |
| Ticker symbol | MBHBANK |
| Face value | 1,000 HUF |
| Number of securities listed | 322,529,625 |
| Rights to dividends | Full year |
| Listing date | 30 May 2019 |
| First Trading Day | 17 Jun 2019 |
| Market | Standard |
| Trading Unit | |
| Currency of trading | HUF |
| Trading time | |
| Listing price | 1,972 |