Financial results of VÚB Bank for Q3 2025

VÚB's total net loan portfolio reached EUR 21.4 billion at the end of September 2025 (+9.8% compared to September 2024), while total funding sources rose to EUR 17.1 billion in September 2025 (+4.5% compared to September 2024). VÚB Bank achieved an operating profit of EUR 397.6 million (+9.4% compared to September 2024), a cost/income ratio of 34.44%, and a net profit of EUR 230.7 million.

"In the first nine months of 2025, we achieved strong business result and balanced growth on both the asset and liability sides, maintaining our position among the leaders in the Slovak banking sector. According to Forbes magazine, we are also ranked among the ten most important companies in Slovakia.

I am pleased that, despite challenging market conditions, we achieved a significant year-on-year increase in operating income. This result reflects the bank's successful focus on providing comprehensive financial services such as investment advice and asset management. We are also achieving excellent results thanks to our sister company Eurizon, which is the market leader in total investment assets under management.

We sustained significant growth in lending volumes in both the corporate segment and, especially, in the retail segment, driven by demand for mortgages. Funding volumes also grew 4.5% year-on-year, mainly due to the positive development of deposits in current and term accounts.

We continue to improve our profitability and efficiency indicators – return on equity (ROE) increased by more than 1 percentage points and the cost/income ratio decreased to 34.4%, which is one of the best levels in the banking sector.

I am proud that, together with the VÚB Foundation, we have evaluated the 20th anniversary edition of the Painting competition for young artists. As is now tradition, we have also announced a new edition of Envirogrants, through which the foundation will distribute up to €50,000 to the best projects.

VÚB Bank also recently unveiled a refreshed, more modern visual identity. This change reflects our ongoing growth within the Intesa Sanpaolo Group and reaffirms that a personal approach, trust, and stability remain at the heart of everything we do. And for all this, I would like to sincerely thank my colleagues for their dedication and professionalism, as well as our clients, who motivate us to keep improving," said Jozef Kausich, CEO and Chairman of the Board of Directors of VÚB Bank.

About VÚB

VÚB is a member of the international banking group Intesa Sanpaolo, which is represented in more than 40 countries around the world with a network of banks, direct branches, and representative offices. The bank operates 121 retail branches and 31 corporate branches in Slovakia and one branch in the Czech Republic.

About Intesa Sanpaolo

Intesa Sanpaolo, with €419 billion in loans and €1.4 trillion in customer financial assets at the end of June 2025, is the largest banking group in Italy, with a significant international presence.

It is a European leader in wealth management, with a strong focus on digital and fintech. Intesa Sanpaolo has developed a large-scale Artificial Intelligence program, currently involving around 150 use cases and delivering strong benefits for the Group.

By 2025, the Group will provide €115 billion of Impact lending to support communities and the green transition, together with a €1.5 billion program (2023–2027) to help people in need.

The Bank’s network of museums, the Gallerie d’Italia, hosts its owned artistic heritage and cultural projects of recognized value.

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