BTV Vier Länder Bank (BTS) Q1 2026 earnings summary

Executive summary

• Period profit before tax rose by €5.4m to €75.5m, and after tax by €1.8m to €59.7m year-over-year.

• Balance sheet total increased by 3.3% to €16.43bn since year-end 2025.

• Strong capital position with equity up €64m to €2.7bn and CET1 ratio at 16.5%.

• Cost-income ratio improved to 47.0% from 48.8% year-over-year.

Financial highlights

• Net interest income fell by 6.3% to €57.1m; risk provisions in lending were €-0.3m (prior year: €1.2m release).

• Net fee and commission income increased by 5.5% to €17.7m, mainly from securities business.

• At-equity income rose 28.2% to €21.3m.

• Other operating income up 15.2% to €48.7m, driven by consolidated cable car operations.

• Operating expenses rose 2.7% to €68.2m, with personnel costs up €1.0m.

Outlook and guidance

• Full-year pre-tax group profit expected in the range of €165–185m.

• Ongoing geopolitical and economic uncertainties, especially from the Russia-Ukraine war, Middle East conflict, and US trade policy, pose estimation risks, particularly for credit risk.