Moneta reported a net profit for the third quarter that exceeded market consensus by a substantial +11.8%. Net profit increased by +20.5% yoy to reach CZK2.2bn. This corresponds to a RoTE of 28.2%. These significantly improved results are due to higher revenues, lower costs, and a very low cost of risk. Moneta's strong figures showed a solid yoy increase and significantly exceeded market consensus. Moneta’s management has also raised its full-year targets by +4.4%.