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LJUBLJANA - Nova Ljubljanska Banka (NLB) Group reported a profit after tax of €131.6 million for the third quarter of 2025, bringing its year-to-date earnings to €406 million, according to a press release issued Thursday.
The Slovenian banking group saw total gross loans grow by 11% year-to-date across its operations in South-eastern Europe. In Slovenia, corporate and state loans increased by 10% and retail loans by 8%, while lending in other South-eastern European markets expanded by 13-14%.
Despite interest rates falling 150 basis points year-over-year, the group's total revenue remained at €963 million for the first nine months of 2025. Net interest income grew by 2% quarter-on-quarter, while net fees and commissions increased by 8% year-on-year, primarily driven by growth in asset management and insurance distribution.
"We maintain a positive outlook on our near-term financial performance, while steadfastly focusing on mid- to long-term growth opportunities," said NLB's CEO Blaž Brodnjak in the statement.
The bank reported that its balance sheet remains robust with sound portfolio quality. The group has managed to grow its funding base without material increases in average funding cost.
NLB Group is continuing its transformation from a product-oriented to a customer-centric approach, with investments in technology, artificial intelligence, and personnel. These strategic investments aim to increase operational efficiency while maintaining customer satisfaction.
The banking group operates across South-eastern Europe, a region that according to the company still shows about half the banking penetration levels of the Eurozone.
NLB Group will host a presentation of its third-quarter results on Thursday afternoon for interested stakeholders.
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