Coop Pank (CPA1T) Q3 2026 earnings summary

Executive summary

• Q3 net profit rose 30% YoY to €9.1m; 9M net profit increased 19% to €25.6m from €21.5m.

• Customer count reached 240,600, up 9% YoY; active customers totaled 113,900, up 8%, with 1,900 new active customers in Q3.

Financial highlights

• Q3 net operating income was €23.8m, up 22% YoY; net interest income rose 24% to €22.7m, while net fee and commission income fell 20% to €0.9m.

• Q3 operating expenses rose 19% YoY to €12.5m; impairment losses declined 41% to €0.4m.

• Q3 deposits and loans received reached €2.37bn, up 21% YoY; net loan portfolio was €2.30bn, up 14% YoY.

• 9M operating cash flow was €78.6m versus an outflow of €150.4m in 9M 2025; customer deposit inflows were €242.7m versus €72.7m.

Outlook and guidance

• Strategic target remains annual net profit above €60m by 2030; ambition is to grow faster than the Estonian banking market.

• Long-term targets are cost/income below 45% and ROE above 15%; Q3 ROE was 14.6% and cost/income ratio was 52.5%.