CREDIT BANK OF MOSCOW (CBOM) Q2 2025 earnings summary

Executive summary

• Interim consolidated financial statements reviewed with no material misstatements found as of 30 June 2025.

• Statements prepared to avoid prejudicial disclosure, may not be suitable for other purposes.

Financial highlights

• Net interest income for six months: RUB 41,978m, down from RUB 59,388m year-over-year.

• Profit for the period: RUB 6,944m, a significant decrease from RUB 19,473m year-over-year.

• Total assets: RUB 4,613,070m, down from RUB 5,008,951m at year-end 2024.

• Total equity: RUB 354,804m, up from RUB 349,301m at year-end 2024.

• Basic and diluted EPS: RUB 0.15, down from RUB 0.48 year-over-year.

Outlook and guidance

• Russian economy continues to grow, supported by domestic demand and rising real incomes.

• GDP growth averaged 1.5% in the first five months of 2025; inflation at 9.4% in June 2025.

• Central Bank of Russia reduced key interest rate to 18% by late July 2025.