International Public Joint-Stock Company T-Technologies (TCS) Q3 2025 earnings summary

Executive summary

• Total assets increased to RR 5,700,358 million as of 30 September 2025, up from RR 5,118,041 million at year-end 2024.

• Profit for the nine months ended 30 September 2025 was RR 120,352 million, a 44% increase year-over-year.

• Comprehensive income attributable to shareholders reached RR 125,164 million for the period.

• The group completed significant business combinations, including acquiring control over Catalytic and a majority interest in Tochka.

Financial highlights

• Net interest income for nine months was RR 368,775 million, up from RR 254,561 million year-over-year.

• Fee and commission income rose to RR 167,689 million, compared to RR 125,958 million in the prior year.

• Credit loss allowance for loans to customers and related commitments was RR 126,029 million, up from RR 85,948 million year-over-year.

• Earnings per share (basic) for the nine months were RR 451.43, up from RR 415.64 year-over-year.

• Total equity increased to RR 746,610 million from RR 521,437 million at year-end 2024.

Outlook and guidance

• The group maintains strong capital and liquidity positions, with capital adequacy ratios above regulatory requirements.

• Management expects to absorb operational impacts from potential economic disruption and market volatility.