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Aktia Bank’s Interim Report July-September 2025

Aktia Bank Plc has recently released its interim report for the third quarter of 2025, showcasing a balanced mix of stability and challenges faced by the institution amid a fluctuating financial environment. The report indicates a comparable operating profit of EUR 27.4 million for the quarter, marking a decline of 13% from last year's Q3 figure of EUR 31.5 million. This decrease can largely be attributed to shifting interest rates that have impacted net interest income, which fell by 6% year-on-year.

Key Figures Overview

During the third quarter, Aktia reported a net interest income of EUR 34.0 million, a reduction from EUR 36.1 million in Q3 of 2024. Factors contributing to this decline include a general decrease in market rates and growing uncertainties within the real estate market. While net commission income saw a slight year-on-year increase of 1%, reaching EUR 31.2 million due to a rise in structured product income, the net income from life insurance dropped by 8% to EUR 8.2 million.

On a positive note, operating expenses saw a decrease of 1%, demonstrating the bank’s commitment to cost control. The net credit losses intensified, rising to EUR 3.8 million, predominantly driven by individual impairments on select credits. However, Aktia reported a slight increase of 2.3% in assets under management, amounting to EUR 16.3 billion, thanks to favorable net subscriptions across key customer segments and strong market trends.

Adaptive Strategies and Future Outlook

Despite current market challenges, CEO Anssi Huhta expressed satisfaction with the stable operating profit, emphasizing the bank’s resilient business model, particularly in unstable environments. “The comparable operating profit remains within expectations, especially given the current market conditions marked by uncertain labor market figures and real estate sector volatility,” he noted. Looking ahead, Aktia anticipates that the comparable operating profit for 2025 will be lower than the EUR 124.5 million reported in 2024, mainly due to expected reductions in net interest income and potential negative impacts on net commission income from ongoing market uncertainties.

Moreover, while life insurance operations remain steady, heightened uncertainty surrounding market values may further affect earnings. Operating expenses are expected to increase slightly as Aktia continues to invest in IT infrastructure and face rising general cost levels.

Strong Market Position Amid Challenges

Aktia Bank’s ongoing commitment to strengthening their asset management capabilities is highlighted by its recent achievement wherein portfolio managers of the Aktia Emerging Market Local Currency Bond+ fund were awarded an AAA rating by Citywire. This recognition underscores the bank's competence in navigating current market dynamics. Furthermore, a stable loan book reflects ongoing growth in leasing, factoring, and hire purchase loans, which have seen an 18% increase since the start of the year.

Customer satisfaction metrics are also promising, with a notable NPS score of 59 for phone services and 75 for customer meetings, indicating strong client relationships and trust.

Management Changes and Focus on Stability

In light of recent management transitions at Aktia, Huhta has acknowledged the challenges faced and expressed regret over the impact on stakeholder confidence. The bank’s strategy remains steadfast, emphasizing commitment to customers while navigating through shifting challenges. The reinstatement of Juha Hammarén as the board chair signals a renewed focus on organizational stability and achieving long-term strategic goals.

As Aktia heads towards the end of 2025, the bank remains dedicated to enhancing service delivery and investing in both digital and personalized customer experiences to foster growth and value creation. The resilience displayed thus far solidifies Aktia’s position as a prominent player in the Finnish financial landscape, prepared to confront the hurdles that lie ahead while staying committed to its strategic objectives.

In conclusion, Aktia’s Q3 2025 interim report reveals a bank in a phase of stabilization amidst pressures from the broader market. As the quarter ends, all eyes remain on how Aktia will adjust, adapt, and continue to thrive in a challenging economic landscape.