Oma Säästöpankki (OMASP) investor relations material

Executive summary

• Comparable profit before tax rose to EUR 13.7 million from EUR 4.6 million year-over-year, with total profit before tax at EUR 13.9 million, despite geopolitical tensions and modest economic growth.

• New loan volumes returned to growth, with new lending up 64% year-over-year, though the overall loan portfolio declined due to risk management measures.

• Fee and commission income increased by 7.4% year-over-year, driven by card, payment, and fund management fees across segments.

• Operating expenses declined to EUR 28.6 million, with a notable 30% drop in other operating expenses, though personnel expenses rose by 12%.

• Impairment losses on financial assets decreased by 67% year-over-year, supporting improved profitability.

Financial highlights

• Net interest income fell by 24% year-over-year to EUR 35.8 million, now 70% of total income versus 80% last year.

• Comparable operating income decreased by nearly EUR 10 million, down 16% year-over-year, totaling EUR 50.6 million.

• Fee and commission income rose to EUR 15.8 million, with card and payment services up 9% and fund-related fees up 4%.

• Earnings per share increased to EUR 0.33 from EUR 0.07 year-over-year.

• CET1 capital ratio strengthened to 18.5% (up from 16.5%); total capital ratio at 19.4%.

Outlook and guidance

• Net interest income is expected to decrease in 2026 due to lower market rates and loan portfolio changes.

• Cost increases have stabilized; stable cost development is expected for 2026.

• Impairment losses on financial assets are projected to remain below the previous year.

• Comparable profit before tax for 2026 is expected to decrease slightly year-on-year.

• The company aims for a steady and growing dividend, at least 30% of net income.