Optima bank (OPTIMA) Q3 2026 earnings summary

Executive summary

• 9M 2026 net profit was €165.1mn, up 33.8% YoY; ROTE reached 27.84%.

• Gross loans rose 38% YoY to €6.106bn and deposits increased 32% to €7.483bn.

• Profitable growth was supported by higher loan volumes, strong fee generation and customer activity.

Financial highlights

• 9M total income increased 33% YoY to €281.9mn; net interest income rose 33% to €203.5mn and net fees increased 55% to €62.4mn.

• Pre-provision income rose 36% to €223.3mn; impairments increased 44% to €21.7mn.

• Operating expenses increased 20% to €58.6mn; profit before tax was €201.5mn, up 35%, and net profit was €165.1mn versus €123.4mn.

• Adjusted profit after AT1 was €161.2mn, up 31%; basic and adjusted EPS were €0.75 versus €0.56.

• Q3 core income grew 42% YoY to €95mn, with NII and fees each up 42%.

Outlook and guidance

• FY 2026 guidance targets loan growth of €1.35bn to ~€6.5bn and deposit growth of €1.70bn to ~€8.0bn.

• FY net profit target exceeds €210mn, implying minimum 24% YoY growth; 9M delivery reached 79% of guidance.

• Guidance includes ROTE of ~25%, cost of risk of ~55bps and cost to core income below 30%; 9M results were 27.8%, 52bps and 22.1%, respectively.

• Guidance excludes the proposed Euroxx Securities acquisition and consolidation impact.