Netherlands · Delayed Price · Currency is EUR Triodos Bank Earnings Call Transcripts
Fiscal Year 2026
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H1 2026 returned to profit as income and margins improved, with strong capital and an interim dividend. Fit for Impact is on track, while 2026 guidance remains for higher income and lower operating expenses YoY.
Fiscal Year 2025
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Loan growth and customer deposits increased, but a €60 million provision for German fiber optic loans and other one-offs led to a net loss and negative ROE. Strategic restructuring, digitalization, and cost reduction initiatives are underway, with improved capital ratios and reduced litigation risk.
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Net profit for H1 2025 was €17 million, or €27.4 million excluding a €40 million provision, with a strong CET1 ratio of 18.1%. Customer deposits and mortgage portfolios grew, while cost-income ratio remains above target due to one-off expenses and interest margin pressure.