OP Corporate Bank plc's Interim Report 1 January–30 September 2025

Core Insights - OP Corporate Bank plc reported a significant increase in operating profit by 32% to EUR 442 million compared to EUR 336 million in the same period last year [4] - Total income rose by 9% to EUR 621 million from EUR 568 million year-on-year [4] - The bank's CET1 ratio remained strong at 14.2%, exceeding the minimum regulatory requirement by 5.4 percentage points [4] Financial Performance - Operating profit for Corporate Banking and Capital Markets increased by 24% to EUR 268 million [4] - Asset and Sales Finance Services and Payment Transfers segment's operating profit grew by 23% to EUR 152 million [4] - The Baltics segment's operating profit decreased to EUR 29 million from EUR 31 million [4] Income and Expenses - Net interest income increased by 10% to EUR 427 million [4] - Total operating expenses remained stable at EUR 218 million compared to EUR 217 million last year [4] - The cost/income ratio improved to 35% from 38% [5] Loan and Deposit Portfolio - The loan portfolio grew by 4.3% to EUR 28.7 billion [5] - The deposit portfolio decreased by 1.0% year-on-year to EUR 16.1 billion [4][5] Impairment and Risk Management - Impairment loss on receivables reversed amounted to EUR 39 million, compared to EUR 15 million a year ago [4] - The ratio of non-performing exposures to total exposures improved to 1.3% from 2.0% [5] Outlook and Economic Environment - Economic confidence has increased, but higher tariffs may negatively impact the economic outlook [7] - The bank's earnings performance is subject to uncertainties related to the business environment and investment conditions [9]