Core Insights - Bigbank experienced strong growth in its loan portfolio and maintained solid profitability in August 2025, with total loans reaching 2.5 billion euros [1][10]. Loan Portfolio Growth - The loan portfolio grew by 50 million euros in August, with business loans increasing by 28 million euros, home loans by 15 million euros, and consumer loans by 7 million euros [1]. - Year-on-year, loans to customers grew by 543 million euros, representing a 27% increase [10]. Deposit Portfolio Dynamics - The deposit portfolio increased by 19 million euros, driven by a 25 million euro rise in savings deposits, while term deposits decreased by 8 million euros [2]. - Customer deposits and loans received reached 2.7 billion euros, marking a 23% year-on-year increase [10]. Current Accounts Launch - Bigbank launched current accounts for retail customers in Lithuania, offering 2% annual interest on idle funds and free transactions, resulting in a 2 million euro increase in current account balances [3]. Interest Income and Credit Quality - Net interest income rose by 1.7 million euros year-on-year, totaling 69.7 million euros for the first eight months, with a 2% increase compared to the previous year [4][10]. - The credit quality of the loan portfolio improved, with net allowances for expected credit losses decreasing by 9.3 million euros, or 57% [5][10]. Profitability Metrics - Net profit for August was 3.5 million euros, contributing to a cumulative profit of 25.8 million euros for the first eight months, a 10% increase compared to the same period in 2024 [6][10]. - Return on equity (ROE) for August was 14.8%, while the cost/income ratio increased to 46.6% [10][11]. Employment and Expenses - Bigbank employed 609 people at the end of August, with salary expenses increasing by 4.2 million euros year-on-year due to team expansion and salary growth [7]. - Administrative expenses decreased by 0.2 million euros, while income tax expenses rose by 1.9 million euros due to higher tax rates in Estonia and Lithuania [7]. Financial Overview - Total net operating income for August was 9.963 million euros, with a year-to-date total of 76.171 million euros, reflecting a 1% increase year-on-year [9]. - The bank's total assets amounted to 3.2 billion euros, with equity of 288 million euros as of August 31, 2025 [12].

Core Insights - Bigbank's total gross loan portfolio reached a record high of 2.44 billion euros, increasing by 141 million euros (+6%) quarter on quarter and 537 million euros (+28%) year on year, primarily driven by business and home loans [1] - The bank's net profit for the first half of 2025 was 18.7 million euros, with a second-quarter profit of 8.9 million euros, reflecting a slight decrease of 0.5 million euros (-5%) compared to the same quarter in 2024 [3][17] - The deposit portfolio grew by 96 million euros (+4%) quarter on quarter and 393 million euros (+17%) year on year, reaching 2.65 billion euros, with significant growth in savings deposits [2][18] Loan Portfolio - The business loan portfolio increased by 54 million euros (+7%) to 862 million euros, while the home loan portfolio rose by 53 million euros (+8%) to 717 million euros [1] - The consumer loan portfolio saw a modest increase of 19 million euros (+2%) to 860 million euros [1] - Business loans became the largest credit product line in terms of portfolio size for the first time in Bigbank's history [1] Deposit Portfolio - The savings deposit portfolio grew by 154 million euros to 1.3 billion euros (+13%), while the term deposit portfolio decreased by 59 million euros to 1.34 billion euros [2] - The current accounts for retail customers in Estonia totalled 3.4 million euros, with all holders earning interest at a competitive rate of 2% [2][19] Financial Performance - Interest income for the second quarter amounted to 45.2 million euros, an increase of 1.8 million euros (+4%) year on year [4] - Net interest income grew by 1.2 million euros (+5%) year on year to 25.7 million euros [4] - The net allowance for expected credit losses decreased to 1.4 million euros, down 4.4 million euros year on year, indicating improved loan portfolio quality [5][17] Operational Developments - Bigbank's employee count reached 613, with salary expenses for the second quarter totaling 8.2 million euros, up 1.8 million euros year on year (+28%) [6] - The bank launched a mobile app for retail customers in Estonia, with plans to expand to Lithuania and Latvia [7][19] - Bigbank issued Additional Tier 1 (AT1) bonds totaling 2.44 million euros and increased the volume of a Tier 2 bond offering from 3 million euros to 6 million euros due to strong investor interest [9][10][20] Asset and Investment Portfolio - The value of the investment property portfolio was 72.3 million euros, with a notable decrease in the value of agricultural land in Estonia by 1.7 million euros (around 5%) [8] - Total assets surpassed 3 billion euros for the first time, reaching 3.1 billion euros as of 30 June 2025 [21]