AI assistant
Coop Pank Earnings Release 2026
2213_rns_2026-03-11_800e9239-a1e2-4f8a-bf83-27ca40fa94ba.pdf
Earnings Release
Open in viewerOpens in your device viewer
coop | Pank
Coop Pank Group
Unaudited financial results for Feb 2026
11.03.2026
COOP | Pank
Feb: Strong monthly profit
Key indicators compared to last month and year
| Coop Pank Group | Month | Year-to-Date | ||||
|---|---|---|---|---|---|---|
| 02.26 | 01.26 | 02.26 | 02.25 | Difference YoY | ||
| Net operating income ('000 €) | 6 474 | 7 058 | 13 532 | 12 575 | +956 | +8% |
| Interest | 6 024 | 6 643 | 12 667 | 11 673 | +995 | +9% |
| Service fee and commissions | 340 | 367 | 708 | 743 | -35 | -5% |
| Other | 110 | 47 | 157 | 160 | -3 | -2% |
| Operating expenses | 3 653 | 3 510 | 7 162 | 6 312 | +849 | +13% |
| Payroll expenses | 2 183 | 2 058 | 4 241 | 3 746 | +494 | +13% |
| Other expenses | 1 470 | 1 452 | 2 921 | 2 566 | +355 | +14% |
| Operating profit | 2 821 | 3 548 | 6 370 | 6 262 | +108 | +2% |
| Financial assets impairment losses | -297 | 101 | -196 | 250 | -446 | -179% |
| Profit before income tax | 3 118 | 3 447 | 6 566 | 6 013 | +553 | +9% |
| Income tax | 176 | 598 | 774 | 1 013 | -239 | |
| Net profit | 2 942 | 2 849 | 5 791 | 4 999 | +792 | +16% |
| Return on equity (ROE) | 16,0% | 14,2% | 15,0% | 14,3% | +0,7pp | |
| Cost / income ratio (CIR) | 56% | 50% | 53% | 50% | +2,7pp | |
| Net interest margin (NIM) | 2,9% | 2,9% | 2,9% | 3,3% | -0,4pp | |
| Cost of financing | 2,0% | 2,1% | 2,1% | 2,9% | -0,8pp | |
| No. of customers in Coop Pank ('000) | 229,8 | 228,4 | 229,8 | 211,0 | +18,8 | +9% |
| Active customers | 108,8 | 107,8 | 108,8 | 100,2 | +8,6 | +9% |
| Net loan portfolio (m€) | 2 133 | 2 127 | 2 133 | 1 798 | +335 | +19% |
| Deposits, covered bonds, other | 2 433 | 2 407 | 2 433 | 1 930 | +504 | +26% |
| Deposits | 2 131 | 2 075 | 2 131 | 1 922 | +209 | +11% |
| Covered bonds | 258 | 256 | 258 | 0 | +258 | |
| Loans and other recourses | 45 | 75 | 45 | 8 | +37 | +448% |
| Equity | 241 | 238 | 241 | 217 | +24 | +11% |
- In February net operating income was 6.5 M€ and net profit was at 2.9 M€ level.
- Monthly ROE was 16.0% and cost-income ratio 56%.
- Quality of loan portfolio was high enough to release some of the provisions made during previous periods.
- Net loan portfolio increased during the month by +6 M€. Home loans increased by +5 M€ and business loans by +4 M€, leasing portfolio decreased by -3 M€. Consumer finance portfolio remained stable. In total net loan portfolio has increased by +335 M€ (+19%) Y-o-Y.
- Deposits increased by +55 M€ M-o-M. Deposits from business clients increased by +11 M€, from private clients by +5 M€ and volume of foreign deposits increased by +39 M€. Y-o-Y deposits increased by +209 M€ (+11%).
- Coop Pank customer base grew by +1 400 but number of active clients increased by +1000 clients.
COOP | Pank
Business volumes and profitability last 13 months
Monthly profit
Loans vs funding (deposits, covered bonds, etc)
Profitability
No. of customers in Coop Pank*
- Coop Pank customer – a customer holding at least one opened bank account.
Active customer – Coop Pank customer who has made at least 4 transactions in 60 days