Coop Pank AS results for November 2025

Core Insights - Coop Pank demonstrated solid growth in both loan and deposit portfolios in November 2025, with business customer deposits increasing by 22 million euros and private customer deposits by 11 million euros [1][6] - The stabilization of the interest rate environment has halted the decline in interest income, positively impacting the bank's profit margin [2] - Moody's affirmed Coop Pank's rating at Baa2 with a positive outlook, indicating strong profitability and a high-quality credit portfolio [3] Financial Performance - Coop Pank earned a net profit of 2.7 million euros in November, totaling 26.5 million euros for the first eleven months of the year, which is a 12% decrease compared to the same period last year [4][6] - The bank's return on equity in November was 14.3%, with a cost-to-income ratio of 54% [4][6] - The total volume of customer deposits reached 1.97 billion euros, with an annual growth of 138 million euros, or 8% [6] Customer Growth - The number of customers increased by 1,800 in November, reaching a total of 225,800, with active customers growing by 1,000 to 107,800 [6] - The customer base has grown by 10% over the year [6] Loan Portfolio - The bank's loan portfolio increased by 28 million euros to 2.06 billion euros, with business loans up by 18 million euros and home loans by 9 million euros [6] - The loan portfolio has grown by 365 million euros, or 21%, over the year [6]