Zagrebacka banka (ZABA) Q4 2025 earnings summary

Executive summary

• Achieved net profit after tax of €572 million for 2025, up 2.9% year-over-year, driven by stable business income and a strong cost base.

• Maintained robust capital and liquidity positions, with sufficient loan loss coverage and continued support for the economy and community.

• Focused on operational excellence, digital transformation, and ESG initiatives to ensure sustainability.

Financial highlights

• Total operating income reached €1,042 million, a 0.2% increase year-over-year.

• Net interest income was €693 million, down 4.3%, while net fee and commission income rose 9.8% to €257 million.

• Operating expenses were €357 million, flat year-over-year; cost-to-income ratio at 32.57%.

• Net loans to customers increased 16.1% to €15,867 million; customer deposits grew 4.3% to €21,646 million.

• Total assets rose 9.3% to €28,370 million.

Segment performance

• Pre-tax profit: Retail €316 million, Corporate €255 million, Leasing & Investments €88 million, Other €22 million.

• Segment assets: Retail €7,821 million, Corporate €7,570 million, Leasing & Investments €701 million, Other €12,210 million.