Core Insights - Coop Pank reported a solid net profit of 2.9 million euros in February 2026, marking a 16% increase compared to the same period last year, driven by low loan loss provisions and tax expenses [2][6] - The bank's return on equity stood at 16.0%, with a cost-to-income ratio of 56% [2][6] Financial Performance - The quality of the bank's loan portfolio remained strong, with loan loss provisions at a low level, and some previously made provisions were released [1] - The bank's customer deposits increased by 55 million euros, reaching 2.13 billion euros, with a year-over-year growth of 11% [6] - The loan portfolio grew by 6 million euros to 2.13 billion euros, with a year-over-year increase of 19% [6] - Loan impairment costs were recorded at 0.3 million euros for February [6] Customer Growth and Engagement - The number of clients increased by 1,400 in February, bringing the total to 229,800, with active clients reaching 108,800, reflecting a 9% growth in the customer base over the year [6] - Coop Pank launched an updated joint loyalty program with Coop, allowing nearly 700,000 users to apply for a new credit card with favorable terms [3] Capital Position and Future Plans - The bank raised 5.0 million euros in subordinated debt from the European Energy Efficiency Fund, enhancing its Tier 2 capital [4] - A new subordinated bond program was approved, with plans for a public offering of the first series of bonds in March or April [4]