Bank Ochrony Srodowiska (BOS) Q4 2025 earnings summary

Executive summary

• Group net profit rose by 56.3% year-over-year to PLN 124.5 million, with a 13.2% increase in total assets to PLN 25.7 billion and a 9.4% rise in equity.

• The bank maintained strong liquidity and capital ratios, with a total capital ratio of 18.49%, LCR at 175%, and NSFR at 164%.

• Strategic focus remained on green transformation, with pro-ecological loan sales up 59.2% year-over-year to PLN 3.2 billion, and total green loan portfolio at PLN 4.65 billion.

• The bank continued to expand its product offering, digitalization, and partnerships, including new programs for biogas plants and energy cooperatives.

Financial highlights

• Net interest income for the group was PLN 789.4 million, down 5.4% year-over-year, while fee and commission income increased by 2.7% to PLN 133.0 million.

• Net profit for the bank reached PLN 124.1 million, up 68.9% year-over-year.

• Total assets for the bank increased by 12.9% to PLN 25.5 billion; customer loans grew by 1.8% to PLN 10.3 billion, and customer deposits rose by 13% to PLN 21.7 billion.

• Cost of risk increased, with impairment charges at PLN 56.6 million versus PLN 16.7 million in 2024.

• Cost/income ratio for the bank rose to 58.6% from 56.4% year-over-year.

• NPL ratio for the bank improved to 12.65% from 15.10% year-over-year.

Outlook and guidance

• The bank aims to further strengthen its position as a leader in green finance, targeting continued growth in pro-ecological lending and digitalization.

• Key risks for 2026 include geopolitical uncertainty, inflation, interest rate volatility, and legal risks related to foreign currency mortgage loans.

• The bank plans to implement a formal decarbonization plan in 2026 and continue expanding its green product portfolio.