Bank Ochrony Srodowiska (BOS) Q3 2025 earnings summary

Executive summary

• Net profit for Q1–Q3 2025 reached PLN 85.7 million, up 108.8% year-over-year, driven by higher net other income, improved legal risk outcomes, and gains on financial instruments and investment securities.

• Total assets grew to PLN 24.9 billion, up 21.4% year-over-year and 9.8% compared to year-end 2024, with loan sales and deposits both increasing.

• The bank strengthened its position in green financing, with green loans comprising 56% of new loan sales.

• The Group maintained a stable capital base, with a Common Equity Tier 1 capital ratio of 14.45% and a total capital ratio of 17.47%.

Financial highlights

• Net interest income declined 3.7% year-over-year to PLN 596 million, while net fee and commission income rose 1.6% to PLN 97.5 million, mainly from brokerage services.

• Interest and similar income rose by 3.0% year-over-year to PLN 1,108.3 million.

• Profit before tax increased 30.6% year-over-year to PLN 126.8 million.

• Gain on financial instruments measured at fair value grew by 18.9% to PLN 47.3 million; gain on investment securities surged to PLN 43.9 million.

• Administrative expenses rose by 12.2% to PLN 481.1 million, mainly due to higher employee benefits and material costs.

Outlook and guidance

• Focus remains on acquiring clients, increasing satisfaction, expanding green lending, and technological transformation.

• Performance in 2025 will be influenced by interest rate cuts, macroeconomic factors, and heightened geopolitical risks.

• Ongoing legal risks related to foreign currency mortgage loans and increased litigation in consumer lending are expected to impact results.