Zagrebacka banka (ZABA) Q3 2025 earnings summary

Executive summary

• Net profit after tax for the first nine months of 2025 was €443 million, a decrease of €13 million (-2.9%) year-over-year.

• Operating income remained stable at €789 million, up €6 million (+0.8%) compared to the same period last year.

• Operating costs were €257 million, unchanged from the previous year, reflecting operational efficiency.

• Strong capital and liquidity positions maintained, with a well-provisioned credit portfolio.

• Continued focus on digital transformation, ESG initiatives, and community engagement.

Financial highlights

• Net interest income was €519 million, down €25 million (-4.6%) year-over-year.

• Net fee and commission income rose to €194 million, up €21 million (+12.1%).

• Trading and other income reached €76 million, an increase of €10 million (+15.2%).

• Total assets grew to €28,236 million, up €2,290 million (+8.8%) from the previous year.

• Customer loans increased by €1,611 million (+11.8%) to €15,280 million; customer deposits rose by €1,022 million (+4.9%) to €21,768 million.

Outlook and guidance

• The group continues to monitor macroeconomic uncertainties and market volatility, with ongoing support for clients and prudent risk assessment.

• Strong capital and liquidity positions are expected to support resilience amid ongoing geopolitical and economic uncertainties.