REG - Nova Ljubljanska - Results at 15% ROTE Confirm Resilience...

Nova Ljubljanska Banka dd LjubljanaAnnouncement

12/02/2026 11:15

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RNS Number : 7986S  Nova Ljubljanska Banka d.d.  12 February 2026

Nova Ljubljanska Banka d.d.

February 12, 2026

 

Results at 15% ROTE Confirm Resilience, 3% QoQ Revenue Growth Underline Growth
Momentum

 

 

Pursuant to the Rules of the Ljubljana Stock Exchange and Article 158 of the
Market Financial Instruments Act, relating to the Article 17 of the Regulation
(EU) No 596/2014, NLB d.d., Trg republike 2, 1000 Ljubljana, announces:

 

In 2025, growth remained solid and the demand for banking services robust in
our home region of Southeast Europe (SEE). The environment positively impacted
NLB Group's performance and led to a strong EUR 503.1 million profit after tax
at the end of the year.

 

While a tad lower than in previous year, this marks the third consecutive year
NLB Group's profit after tax exceeded half a billion euros, confirming the
Group's strong performance, exceptional loan growth, and the resilience of its
business model despite margin pressure. Capital position remained robust and
the Cost of Risk stood at 29 bps.

 

While you may find key highlights of the NLB Groups' business operations in
the fourth quarter and full year 2025, investor presentation and NLB Group
factsheet on the links below:

·      Key Highlights of the Q4 and the Full Year 2025
(https://www.nlbgroup.com/content/dam/nlb/nlb-group/documents/investor-relations/financial-reports/2025/q4/Key-Highlights-FY2025.pdf)

·      Investor presentation
(https://www.nlbgroup.com/content/dam/nlb/nlb-group/documents/investor-relations/financial-reports/2025/q4/NLB-Group-Presentation-FY2025-Unaudited.pdf)

·      NLB Group Factsheet
(https://www.nlbgroup.com/content/dam/nlb/nlb-group/documents/investor-relations/financial-reports/2025/q4/NLB-Group-Factsheet-FY2025.pdf)

 

… some key takeaways include:

·      NIM is apparently bottoming out in the fourth quarter and net
interest income is after a period of respite again in a rising mode, digesting
substantially lower ECB interest rates (100 bps YoY) with significant loan
volume growth (14% YoY).

·      The strategic relevance of leasing business confirmed with group
profit contribution already exceeding EUR 35 million.

·      Healthy high-single to occasionally double-digit loan growth
across segments and different markets is here to stay, as the factors
supporting demand are expected to remain in place.

·      Deposit growth has fully funded double-digit loan growth,
providing ample liquidity for further growth.

·      Net fee and commission income with close to double-digit growth
is increasingly a function of value-added financial products and services,
such as asset management and bancassurance, supported with growing fees from
card business.

·      Following the AT1 bond issuance in November, capital structure is
now closer to strategic aspirations, catering certain capital buffers for
potential M&A opportunities. At the end of 2025, capital ratios were
strong enough to allow for the continuation of strong organic growth, M&A
optionality, coupled with high shareholder remuneration.

 

"NLB Group has been showcasing continuous, in 2025 double digit growth across
our home geographies and core segments. NII has stabilised and started
improving, by which the effects of the rate decline have been more or less
absorbed through the Income Statement and Balance Sheet positions, providing a
solid basis for the solid volume growth reflecting also in growth of revenues.
We are proud that we can consistently justify the trust of our shareholders -
on the one hand through sustainable value creation and dividend returns, and
on the other through deliberate strategic transformation. It consistently
follows the outlined strategy until 2030 and places our customers at its core,
with a strong focus on user experience and full digitalisation of banking
services and solutions, supported by end-to-end process automation. We trust
these are the building blocks of our long-term competitiveness, enabling
faster, more efficient, and more personalised client service.

Blaž Brodnjak, NLB's CEO

 

IT investments are already showing results

 

While remaining committed to accelerating the pace of development of new
services and technical delivery speed with consequential product profitability
uptake, we already observe progress on our strategic ambitions as investments
into IT already bear fruit. Digital transformation advances brought our
customer experience closer to the best-in-class. NLB Klik was therefore once
again recognised as the best digital bank in Slovenia. This progress is
reflected in key digitalisation indicators: the digital active user base
increased by 5.7% YoY, while digital sales of core products rose YoY by 8.8
pp, to reach 36.0%. Together, these results demonstrate the Bank's strong
momentum in digital transformation and its ability to drive customer
engagement through innovative, user‑centric solutions. Group digital
penetration exceeded 60% (an increase by 5.2 pp YoY), keeping us firmly on
track to achieve our 80% target by 2030. Consistently high (transactional) Net
Promoter Score shows that our clients report improving satisfaction when
transacting with NLB.

 

"The Supervisory Board welcomes significant strides in bank's digital
transformation, recognising them as fundamental building blocks for continued
focus on swift digital product development and technical delivery, as well as
redefining the flow of IT to meet the standards of higher efficiency and
quality. The banking industry is entering a decisive inflection point. The
coming decades will no longer reward banks solely for historical dominance or
established position. Disruption is shaking the sector at scale and with
speed. Instead, value creation will accrue to banks that can deploy precision
- how they allocate capital, engage customers, deploy technology, and evolve
their business models - faster and more consistently than their competitors.
The Supervisory Board believes that NLB Group, with its business strategy
until the year 2030, is well on track to successfully address these
challenges."

Primož Karpe, Chairman of the NLB's Supervisory Board

 

Investors and analysts will have the opportunity to see in detail how
successfully NLB Group has been executing its strategy and transforming its
business model at the upcoming NLB Investor Day on May 7, 2026, in Sarajevo,
BIH. While we at the NLB firmly believe that numbers are important, we also
recognise that what's even more important is the story behind them. We
therefore kindly invite all interested shareholders to stay tuned and join us
in Sarajevo to discover both.

 

You are Kindly Invited to Join the Q4 and Full Year Earnings Call

 

We kindly invite all interested stakeholders to the presentation of the NLB
Group's Fourth Quarter and Full Year 2025 results, hosted by the NLB
Management Board. The call will take place on Thursday, 12 February 2026, at
16:00 CEST/15.00 BST and will be available at https://www.nlb.si/ir-events
(https://www.nlb.si/ir-events) .

 

Members of the Management Board will, as usual, receive and address your
questions live during the webcast. However, if you already know what you wish
to ask them, you may submit your questions in advance. If you register for the
event, you will be able to send them via the web app, or you may simply send
them to the email address IR@nlb.si
(file:///C%3A/Users/JaklicMa/AppData/Local/Microsoft/Windows/INetCache/Content.Outlook/DFM2UZ08/IR@nlb.si)
.

 

This announcement will be available on the company's website (www.nlbgroup.com
(http://www.nlbgroup.com/) ) as of 12 February 2026.

 

Investor Relations

NLB d.d., Ljubljana

 

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