Inbank unaudited financial results for Q1 2025

From GlobeNewswire: 2025-05-06 01:30:00

In Q1 2025, Inbank reported a consolidated net profit of 4.5 million euros, up 14% from the previous year, with a return on equity of 12.3%. Total net income reached 20.7 million euros, driven by growth in both CEE and the Baltics regions. Operating expenses rose 11% to 11.1 million euros, improving the cost-income ratio to 53.5%.

Inbank’s originated volume for Q1 reached 166 million euros, a 6% increase from the previous year. Green financing in Poland saw a 67% growth to 33 million euros, while merchant solutions remained the largest segment with 59.3 million euros. Car financing decreased by 4% to 40.2 million euros due to new taxes.

The loan and rental portfolio for Inbank grew to 1.18 billion euros, a year-on-year increase of 11%. The deposit portfolio also saw growth, reaching 1.27 billion euros. Total assets for Inbank stood at 1.5 billion euros by the end of Q1, a 13% increase from the previous year. Impairments on loans and receivables remained within target range at 1.54%.

Inbank’s CEO, Priit Põldoja, highlighted the positive financial indicators, with total assets surpassing 1.5 billion euros and equity exceeding 150 million euros. The company aims to focus on delivering value to partners and customers, leveraging its partner network and streamlined processes for growth and profitability.

As of March 31, 2025, Inbank’s total assets were 1.52 billion euros, with a loan and rental portfolio of 1.18 billion euros. Customer deposits reached 1.13 billion euros, while total equity stood at 152 million euros. The net profit for the period was 4.5 million euros, with a return on equity of 12.3%.



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