BKS Bank (BKS) investor relations material

Executive summary

• Achieved solid operating performance in H1 2026 despite ongoing uncertainties, with notable credit growth and strong fee income, especially in securities brokerage and payments.

• Maintained disciplined cost management, with administrative expenses rising only 2.4% year-over-year.

• Successfully placed a €250 million Green Bond, strengthening market position in sustainable finance.

• Celebrated 40 years of uninterrupted dividend payments, reflecting a robust business model.

Financial highlights

• Net interest income fell 7.2% year-over-year to €113.6 million, impacted by the absence of a €5 million one-off from the prior year.

• Fee and commission income rose 8.2% to €38.9 million, driven by a 15.4% increase in securities commissions.

• Risk provisions increased 25.2% to €24.6 million, reflecting a conservative approach amid revised macro forecasts.

• Net profit after tax declined 10.7% to €70.0 million.

• Total assets grew 3.5% to €11.54 billion since year-end 2025.

• Customer loans rose 2.5% to €7.73 billion; primary deposits up 2.4% to €8.72 billion.

Outlook and guidance

• Management remains committed to ambitious full-year targets, expecting positive effects from higher interest rates in H2 2026.

• Moderate economic recovery anticipated in core and growth markets, with increased volatility expected in capital markets.

• Continued focus on sustainable growth, risk management, and efficiency.