Results for H1 2025

Under moderate economic growth and prolonged global uncertainty, Stopanska banka achieved significant financial results in the first half of 2025.

The Bank achieved "profit before tax" of 2,022,904 thousand denars, which is 2% higher compared to the same period last year.

The realized "profit after tax" in the first half of the year amounted to 1,741,289 thousand denars and decreased by 2% compared to the same period last year.

Interest income amounted to 2,908,376 thousand denars and decreased by 6% compared to the same period last year as a result of the decline in interest rates.

Income from commissions and fees decreased by 7%, as a result of increased expenses from commissions charged by suppliers of the relevant services and the simultaneous reduction of commissions for certain services in the interest of clients.

Income from exchange rate differences increased by 30%, which indicates an increased volume of activities in the market.

Other income from the activity amounted to 471,802 thousand denars and significantly increased by 95% as a result of the collection of written-off receivables.

Operating expenses amounted to 1,317,871 thousand denars and were maintained at a controlled level as a result of the Bank's operational efficiency.

The Bank allocated an impairment of financial assets and a special reserve for off-balance sheet exposure, on a net basis, in the amount of 555,830 thousand denars, lower by 27% compared to the previous year.

The Bank's total assets in the first half of the year amounted to 150,453,024 thousand denars, which represents a growth of 4% compared to the previous year.

The credit portfolio continues with a moderate growth of 2%, with loans to and receivables from other clients net amounting to 101,179,234 thousand denars.

Investments in securities remain stable, with a value of 16,611,480 thousand denars, while other receivables increased by 30%, reaching 2,959,128 thousand denars.

Capital and reserves amount to 27,001,032 thousand denars, which is a decrease of 8% compared to the end of 2024, primarily due to a dividend payment of 229 denars per share.

The capital adequacy ratio in June is 20.54%.

In the first half of the year, Stopanska Banka continued to upgrade projects focused on environmental protection, inclusion and creating a better world.

The ninth edition of "Vozi pravo, vozi zdravo" was successfully implemented with more than 9,000 participants promoting urban cycling.

The Bank launched a study room for students from the Faculty of Medicine at the University.

Business activities will continue with a full focus on customer support, prudent risk management and maintaining high stability and efficiency.

The new head office building is being constructed in accordance with ESG standards and using energy-efficient materials.

The Bank remains focused on the digital transformation project which will include significant capital investments in new technologies and solutions.