NLB group reports €274.4 million profit in first half of 2025

Published 07/08/2025, 11:18
NLB group reports €274.4 million profit in first half of 2025

LJUBLJANA - Nova Ljubljanska Banka (NLB) Group reported a profit after tax of €274.4 million for the first half of 2025, maintaining stable performance despite a declining interest rate environment, according to a press release issued Thursday.

The Slovenian banking group achieved 5% year-over-year growth in topline revenue, driven by stable net interest income and growing fee and commission income. The bank reported double-digit annual growth in loans while maintaining what it described as robust asset quality and comfortable capital ratios.

NLB’s share price reached what the company called an all-time high in early August, approaching the bank’s book value per share after rising more than 17% in the first six months of 2025. The bank has already paid the first tranche of its expected 2025 dividend, amounting to €6.43 gross per share.

The Supervisory Board also extended the mandates of three Management Board members. CEO Blaž Brodnjak and board members Archibald Kremser and Andreas Burkhardt received new five-year terms beginning July 6, 2026, when their current terms expire.

"Sound business results that inspire confidence and strengthen the foundation of our Group, as well as the wider economic environment of our home region, represent only one side of the story," Brodnjak stated in the release.

The bank reported progress on its strategic initiatives, including increasing digital penetration to 58.2% and achieving 33.6% digital sales in its retail segment in Slovenia. NLB also mentioned launching a new digital banking app called "NLB Klik" in Slovenia and expanding its leasing ecosystem across the region.

NLB is led by a seven-member Management Board that includes the three reappointed executives along with Hedvika Usenik, Andrej Lasič, Antonio Argir, and Reinhard Höll.

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