Core Insights - Coop Pank reported a profit of €2.8 million in January 2026, a 4% increase compared to the same period last year, indicating a positive trend in profitability [1][6] - The bank's loan portfolio grew by €13 million to reach €2.13 billion, with a year-over-year increase of 19% [6] - The return on equity (ROE) was 14.2%, while the cost-to-income ratio stood at 50%, both figures nearing the bank's long-term targets [4][6] Financial Performance - The bank's net income increased by 5% year-over-year, while expenses rose by 7% during the same period [6] - Customer deposits grew by €28 million, totaling €2.08 billion, with an 8% increase year-over-year [6] - The number of clients reached 228,400, with a 9% growth over the year, although the number of active clients decreased by 500 [6] Strategic Objectives - The Supervisory Board approved strategic objectives for the next five years, focusing on maintaining growth, increasing profitability, and launching investment services [3] - Coop Pank plans to enhance cooperation with Coop retail and leverage synergies between retail and banking [4][3] - The Management Board will be expanded to include the Head of IT, Alvar Pihlapuu, starting February 1, 2026 [3]

Coop Pank AS is planning to have a bond program of subordinated bonds. The bond program will be used for the issue of bonds in several different series within the next 12 months. The issue and contemplated public offering of the first series of bonds is planned to happen in March or April 2026. Under the bond program, it is planned to issue altogether up to 40,000 unsecured subordinated bonds with the nominal value of 1000 euro each and with the final redemption date of 10 to 12 years as from their issue. ...

Coop Pank invites shareholders, investors, analysts and other stakeholders to join its investor webinar, scheduled on 12 February 2026 at 9:30 am (EET). The webinar will be hosted by the Chairman of the Board Arko Kurtmann and Chief Financial Officer Paavo Truu, who present the unaudited financial results of the IV quarter and the year of 2025. During the webinar all attendees can ask questions. All questions will be answered after the presentation. The webinar will be held in Estonian. To join the webinar ...

Group 1 - Coop Pank AS has appointed Alvar Pihlapuu as a new Member of the Management Board, effective from February 1, 2026, for a term of three years [1] - Pihlapuu will also serve on the Supervisory Boards of Coop Pank's subsidiaries, Coop Liising AS and Coop Kindlustusmaakler AS, for a term of three years [1] - The Management Board of Coop Pank will now consist of six members, including Pihlapuu as Chief Information Officer [6] Group 2 - The Chairman of the Management Board, Arko Kurtmann, emphasizes that a modern bank is fundamentally a technology company, requiring strong digital capabilities and IT solutions to enhance customer experience [2] - Pihlapuu's extensive experience in IT leadership and data governance is expected to support Coop Pank's growth strategy and adaptation to market trends [3] - Coop Pank serves 225,800 daily banking clients and is based on Estonian capital, with Coop Eesti as its majority shareholder [7] Group 3 - Alvar Pihlapuu holds a Master's degree in IT Systems Engineering and has completed executive courses in economics and management from various institutions [4] - His previous roles include senior positions at the Estonian Tax and Customs Board, Holm Bank, Eesti Energia, and Swedbank [5]

Core Insights - Coop Pank AS has set strategic objectives through 2030, focusing on rapid growth in the Estonian market, increasing profitability, and distributing 25% of annual profit as dividends to shareholders [1][8] Strategic Foundation - The bank aims to provide fast and innovative services to both private and corporate customers, continuing its strategic cooperation with Coop retail to enhance customer benefits and service convenience [2] Expansion into Investment Services - Coop Pank plans to broaden its service offerings by entering the investment products segment, with preparations to launch these services starting in 2026 [3] Strategic Financial Targets for 2030 - The bank targets a loan portfolio market share of 10% by the end of 2030, intending to grow at a rate 2–3 times faster than the overall market, primarily through corporate and home loans, along with leasing and consumer finance [4][12] - Coop Pank aims to double its net profit to at least EUR 60 million by 2030, supporting stable and attractive returns for shareholders [5] - The bank seeks to maintain a long-term average return on equity (ROE) of at least 15%, ensuring efficient capital use and attractive returns for shareholders [6] - A cost-to-income ratio (CIR) below 45% is targeted, reflecting strong performance in the Baltic banking sector and supporting sustainable growth [7] Dividend Policy - Coop Pank will maintain its existing dividend policy, distributing 25% of pre-tax profit to shareholders, ensuring stable cash flow for investors [8] Management Commentary - The Chairman of the Management Board emphasizes the responsibility to grow investor assets and the importance of customer-centric services as a competitive advantage [9] - The bank has nearly tripled its customer base and loan portfolio over the past five years, with a net profit increase of almost fourfold, indicating strong growth potential in the Estonian banking sector [10][11]

Core Insights - Coop Pank AS has entered into an unsecured subordinated loan agreement with European Energy Efficiency Fund S.A. for 5 million euros, with an interest rate of 6 months' EURIBOR plus 3.25% per annum, repayable in one installment by 31 March 2034 [1] - The loan will be classified as a capital instrument included in the Bank's Tier 2 own funds [2] - The funds will be utilized to support the Bank's growth strategy, focusing on projects that promote energy efficiency or renewable energy production [3] Company Overview - Coop Pank, based in Estonia, is one of the five universal banks operating in the country, with a client base of 225,800 for daily banking services [4] - The strategic shareholder of Coop Pank is Coop Eesti, a domestic retail chain with 320 stores, aiming to enhance the synergy between retail and banking services [4]

Core Viewpoint - Finantsinspektsioon has confirmed that the capital requirements and guidance for Coop Pank AS will remain unchanged, ensuring the bank is sufficiently capitalized for growth [1][2]. Capital Requirements - The Pillar 2 requirement is set at 2.75% and the Pillar 2 guidance at 1.50% of the total risk position for Coop Pank AS [2]. - The affirmed capital requirements for Coop Pank AS are as follows: - Common Equity Tier 1 capital (CET1): 10.55% - Base requirement: 4.50% - Capital conservation buffer: 2.50% - Countercyclical buffer: 1.50% - Systematically important institution buffer: 0.50% - Pillar 2 requirement (P2R): 1.55% - Tier 1 capital: 12.56% - Total capital adequacy (CAD): 15.25% [2]. Company Overview - Coop Pank is one of the five universal banks operating in Estonia, with a client base of 225,800 for daily banking services [3]. - The bank aims to leverage the synergy between retail business and banking to enhance accessibility to everyday banking services [3]. - The strategic shareholder of Coop Pank is Coop Eesti, a domestic retail chain with 320 stores [3].

Core Insights - Coop Pank AS has entered into its first synthetic securitisation transaction with the EIB Group to support new lending to small and medium-sized enterprises (SMEs) in Estonia, focusing on gender equality and environmental sustainability [1][4] Financial Structure - The transaction involves a portfolio guarantee of EUR 200 million for loans and leases, with the EIF providing a financial guarantee of EUR 197 million covering the senior tranche of EUR 171 million and a mezzanine tranche of EUR 26 million [2] - The junior tranche, amounting to approximately EUR 3 million, is fully retained by Coop Pank [2] Capital Relief and Lending Capacity - This synthetic securitisation will enable Coop Pank to issue EUR 249 million in new loans and leases to SMEs and Mid-Caps until the end of 2028 [3][6] Social and Environmental Commitment - At least EUR 49 million of the new financing will be allocated to projects promoting gender equality, and at least EUR 17 million will support climate action and environmental sustainability [4] Strategic Importance - The transaction is seen as a significant milestone for Coop Pank, enhancing its ability to provide affordable financing to Estonian companies and supporting sustainable growth [5][6] - The cooperation with the EIB and EIF is expected to strengthen the local banking sector and inject new funding into the Estonian economy [7]

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]

Coop Pank AS (the Bank) is making preparations for the buy-back of own shares. The purpose of buy-back of own shares is the acquisition of the shares necessary for exercising the option programme. According to the current plan, the shares will be acquired in the volume of up to 3% of all the shares of the Bank. There are two pre-conditions for the buy-back of own shares – relevant resolution of the General Meeting of shareholders of the Bank and respective permission by the Estonian Financial Supervision A ...