Financial Standing - OP Mortgage Bank (OP MB) reported intermediary loans and bonds issued totaling EUR 14,800 million at the end of March 2025 [2][3] - The operating profit for the period was EUR 1.7 million, a decrease from EUR 2.3 million in the previous year [4] Capital Adequacy - OP MB's Common Equity Tier 1 (CET1) ratio decreased to 372.0% from 797.0% due to an increase in total risk exposure amount following regulatory changes [8][11] - The total risk exposure amount increased significantly to EUR 98,034 thousand from EUR 45,755 thousand [10][11] Collateralisation of Bonds - The cover pool for the Euro Medium Term Covered Bond (Premium) programme included EUR 6,882 million in loans as collateral, with overcollateralisation exceeding the minimum requirement [6] - The Euro Medium Term Covered Note programme had a cover pool of EUR 9,468 million, also exceeding the minimum requirement [7] Risk Profile - OP MB has a strong capital base and risk-bearing capacity, with key credit risk indicators showing stable credit risk exposure [28] - The liquidity coverage ratio (LCR) for OP Financial Group was reported at 202%, indicating strong liquidity management [29] Outlook - The global economic outlook is weakening, with the Finnish economy expected to grow less than previously anticipated, leading to increased uncertainty [32] - OP MB's capital adequacy is expected to remain strong, allowing for future issuance of covered bonds [33]

Financial Performance Highlights - 1Q25 Group Net Profit reached 1,697.3 billion won, a 62.9% YoY increase, boosting Group ROE to 13.04%, up by 4.91%p [11, 12] - Non-Bank subsidiaries contributed 42% to the Group's net profit, demonstrating a well-balanced portfolio and earnings stability [14, 17] - Group Net Interest Income increased by 2.9% YoY to 3,262.2 billion won, driven by funding cost control efforts [23] - Group Net Non-Interest Income significantly increased by 208% QoQ to 1,292.0 billion won, primarily due to improved securities-related income [28] - Group G&A Expenses decreased by 1.4% YoY to 1,605.6 billion won, resulting in a record-low CIR of 35.3% [34, 38] - Group Provision for Credit Losses increased by 16.0% QoQ to 655.6 billion won, due to Bank's one-off provisioning [40, 42] Capital Adequacy - Group BIS Ratio stood at 16.57% and CET1 Ratio at 13.67% in 2025.3, reflecting industry-strongest capital strength [47, 52] - Bank Loans in Won increased by 6.8% YoY, and 0.9% YTD [71] Subsidiary Performance - KB Kookmin Bank reported a profit for the period of 1,026.4 billion won, with an ROE of 11.06% and a NIM of 1.76% [77] - KB Securities recorded a profit for the period of 179.9 billion won, with an ROE of 10.82% [80]