Bank Ochrony Srodowiska (BOS) Q2 2025 earnings summary

Executive summary

• Net profit reached PLN 79.7 million in H1 2025, up 58.7% year-over-year, driven by higher net interest and fee income, and improved gains on financial instruments and investment securities.

• Total comprehensive income amounted to PLN 109.1 million for H1 2025.

• Total assets grew 11.7% year-over-year to PLN 23.5 billion, with loan sales up 45.3% and green loan sales up 55.8%.

• The bank continued to expand its green lending portfolio, with green loans now representing 51% of total loan sales.

• No dividend was paid or declared for H1 2025; 2024 profit was allocated to statutory reserves.

Financial highlights

• Net interest income rose slightly by 0.4% year-over-year to PLN 404 million, while net fee and commission income increased by 2.2% to PLN 65.1 million.

• Profit before tax was PLN 107.2 million, up 20.8% year-over-year.

• Equity increased 6.5% year-over-year to PLN 2.34 billion.

• Administrative expenses rose to PLN 324.7 million from PLN 291.0 million year-over-year.

• Earnings per share rose to PLN 0.86 from PLN 0.54 year-over-year.

Outlook and guidance

• Focus remains on client acquisition, expanding green lending, and technological transformation in lending and data analytics.

• The Group continues to implement its Recovery Plan, focusing on sustainable profitability and improving asset quality.

• Efforts are underway to reduce the NPL ratio through debt sales and increased low-risk lending, with results expected in subsequent quarters.