Markets

The company’s annual figures indicate stronger profitability. Two original charts show the comparison, with a separate currency-risk calculation for Hungarian investors.

Our calculation shows that the milestone payment equals 78.25% of the nine-month revenue increase. Two charts examine the revenue mix and investment results in HUF.

New MNB data show transactions increased securities holdings of households and non-profit institutions serving them by HUF 105 billion.

Our calculations separate changes in total earnings and earnings per share in the new results. A separate chart shows Hungarian investors’ currency and cost exposure.

The ECB, European Commission and ESMA announced the industry group on 9 November. The planned common standards may matter to Hungarian financial service providers.

Our calculation separates the 390 million USD operating improvement into revenue and cost effects. Financing cash and forint risk receive separate analysis.

The June data for EU banks show a year-on-year change of 0.03 percentage points. Hungarian readers need to check both the period and the denominator when making comparisons.

Our breakdown of the November 7 release shows that the investment line accounts for 91.02% of the decline in net earnings.

Claudia Buch and Dominique Laboureix's November 6 article calls for completing banking union; it is a policy position.

Our calculation puts the two highlighted one-off items at 13.24% of Clean CCS EBITDA. Operating performance, cash and shareholder returns require separate examination.

The figure concerns members of funds offering portfolio choice at the end of 2025. The newly published article prompts a joint review of personal time horizons and costs.

Our calculation from the new quarterly figures gives a 12.29% EBITDA margin. The gap between adjusted and reported earnings, and costs in forints, warrant separate attention.