Bank of Åland Plc: Interim Report for the period January - September 2025

Core Insights - The Bank of Åland reported record operating profit for the January-September 2025 period, indicating strong performance [1][3] - Net interest income decreased due to falling market interest rates, while net commission income increased by 7% compared to the same quarter last year [2][5] - The bank's lending, deposits, and actively managed assets all showed growth, with lending up 3% to EUR 3,637 million, deposits up 8% to EUR 3,681 million, and managed assets up 7% to EUR 11,448 million [3][6] Financial Performance - Net operating profit for Q3 2025 was EUR 16.3 million, a decrease of 5% from Q3 2024 [5][6] - Core income, including net interest income, net commission income, and IT income, decreased by 3% to EUR 51.1 million [5][6] - Total expenses increased by 2% to EUR 35.8 million, while net impairment losses on financial assets showed a recovery of EUR 0.1 million [5][6] Key Ratios and Metrics - Return on equity after taxes (ROE) remained unchanged at 18.4% for the first nine months of 2025 [5] - The common equity Tier 1 capital ratio decreased to 12.7% from 14.5% at the end of 2024 [5] - Earnings per share increased by 4% to EUR 2.71 compared to the previous year [5][6] Outlook - The Bank of Åland expects its ROE to continue exceeding its long-term financial target of 15% during 2025 [5][6]