CREDIT BANK OF MOSCOW (CBOM) Q3 2024 earnings summary

Executive summary

• For the nine months ended 30 September 2024, net profit was RUB 28,068 million, down from RUB 48,314 million year-over-year.

• Total comprehensive income for the period was RUB 10,603 million, a significant decrease from RUB 66,853 million in the prior year.

• The interim statements were prepared with limited disclosures due to sanctions and regulatory considerations.

Financial highlights

• Net interest income for the nine months was RUB 85,856 million, slightly up from RUB 83,854 million year-over-year.

• Net fee and commission income for the period was RUB 9,023 million, down from RUB 12,059 million year-over-year.

• Operating income for the nine months was RUB 63,603 million, down from RUB 88,142 million year-over-year.

• Basic and diluted EPS for the nine months was RUB 0.72, compared to RUB 1.38 in the prior year.

Outlook and guidance

• The Group remains compliant with regulatory capital adequacy standards and continues to monitor capital in line with Basel III requirements.