Group 1 - The net asset value (NAV) of EfTEN United Property Fund units was 11.24 euros at the end of July, reflecting a month-on-month increase of 0.6% [1] - The fund reported a net profit of 166 thousand euros in July and a total of 1.846 million euros in net profit for the first seven months of 2025, compared to 447 thousand euros in the same period last year [1] - If the investment in EfTEN Real Estate Fund AS shares were recorded at book value, the NAV would be 11.33 euros, indicating a 0.8% month-on-month increase [1] Group 2 - The largest profit of 88 thousand euros in July was generated from the investment in EfTEN Real Estate Fund 5, which saw a net asset value increase of 0.7% month-on-month [2] - The growth of EfTEN Real Estate Fund 5 was primarily supported by EfTEN Kristiine OÜ, which owns the Kristiine shopping center, with its equity value rising by 1.2% month-on-month [2] Group 3 - Invego Uus-Järveküla OÜ, where the fund holds an 80% ownership, completed two terraced houses in the third development stage, generating a profit of 52 thousand euros [3] - The fund also earned 38 thousand euros in interest from its investment in Invego Uus-Järveküla OÜ [3] Group 4 - At the beginning of August, Invego Uus-Järveküla OÜ distributed 1.2 million euros to the fund, which included 126 thousand euros in accrued interest and the remainder as principal repayment [4] - The fund plans to distribute the received interest along with funds from EfTEN Real Estate Fund 5 to investors at the beginning of the fourth quarter of 2025 [4]

Core Insights - Bigbank's loan portfolio experienced significant growth, increasing by 59 million euros in July 2025, with total loans reaching 2.5 billion euros [1][9] - The deposit portfolio also grew, rising by 71 million euros, primarily driven by savings deposits [2][9] - The bank's net profit for July was reported at 3.6 million euros, reflecting a strong performance [5][9] Loan Portfolio - The business loan portfolio expanded by 30 million euros, the home loan portfolio by 20 million euros, and the consumer loan portfolio by 9 million euros [1] - Year-on-year, loans to customers grew by 518 million euros, marking a 26% increase [9] Deposit Portfolio - The savings deposit product increased by 73 million euros, while term deposits declined by 3 million euros [2] - The total balance of Estonian retail customers' bank accounts reached 4.3 million euros by the end of July [2] Interest Income - Net interest income for the first seven months of 2025 increased by 1.7 million euros, or 3%, compared to the same period last year [3][9] - The 6-month Euribor remained stable at 2.05%, contributing to a stable interest environment for loans [3] Credit Quality - The credit quality of the loan portfolio improved, with net allowances for expected credit losses decreasing by 9.1 million euros, or 60% [4][9] - The share of non-performing exposures remained stable at 4.7% as of the end of June [4] Financial Performance - Total net operating income for July was 9,182 thousand euros, a 2% increase year-on-year [8] - Cumulative profit for the first seven months amounted to 22.3 million euros, an increase of 3.1 million euros, or 16%, compared to the same period in 2024 [9] Operational Metrics - The bank's team grew to 614 employees, leading to a rise in personnel expenses by 3.7 million euros [6] - The return on equity (ROE) for July was reported at 15.1%, an increase from previous periods [10]

Core Insights - Ringkjøbing Landbobank reported core earnings of DKK 1,580 million and a net profit of DKK 1,191 million for the first half of 2025, reflecting a 21% annual return on equity [1][4] - The bank's core income increased by 2% to DKK 2,090 million compared to the same period in 2024 [4] - The net profit per share rose by 6% to DKK 47.9 in the first half of 2025 [4] Financial Performance - Total core income for H1 2025 was DKK 2,090 million, up from DKK 2,051 million in H1 2024 [2] - Total expenses and depreciation increased to DKK 534 million from DKK 508 million in the previous year [2] - Core earnings before impairment charges were DKK 1,556 million, slightly up from DKK 1,543 million in H1 2024 [2] Impairment and Credit Quality - Impairment charges for loans were DKK 24 million, indicating strong credit quality, with no impairment charges recorded in Q2 2025 [4] - The bank's continued strong credit quality is highlighted by the low impairment charges [4] Customer Growth and Awards - The bank experienced a 9% growth in loans and an 8% increase in deposits, alongside a highly satisfactory increase in customer numbers [4] - Ringkjøbing Landbobank received the Financial Institution of the Year award for the 10th consecutive year in Q2 2025 [4] Future Outlook - The expectations for net profit for the full year 2025 have been adjusted upward to a range of DKK 2.0 - 2.35 billion [4]