Market announcement

Bigbank AS

LEI code

5493007SWCCN9S3J2748

Size of the entity

Large group

Economic activities

Financial and Insurance Activities

Industry sector(s)

Credit institution

Country of registered office

Estonia

General information

Categories

Management interim statement or quarterly financial report

Does the information contain personal data?

No

Is the data provided voluntary or not?

No

Original language of the information to be provided

Estonian

Is information covering a period?

No

The date to which the information relates

22.07.2026

Version

1

Unique data record identifier

18814

Submission date and time

23.07.2026 08:00:00

Content of announcement in Estonian

Title

Bigbanki 2026. aasta teise kvartali majandustulemused

Message

Bigbanki nõuded klientidele kasvasid teise kvartali lõpuks rekordilise ligi 3,0 miljardi euroni, suurenedes kvartaliga 164 miljoni euro võrra (+6%) ja aastaga 559 miljoni euro võrra (+23%). Eelmise kvartali lõpuga võrreldes kasvas ärilaenude portfell 113 miljoni euro võrra (+10%) 1,2 miljardi euroni, kodulaenude portfell 42 miljoni euro võrra (+5%) 886 miljoni euroni ja tarbimislaenude portfell 4 miljoni euro võrra (+0,4%) 860 miljoni euroni.

Grupi hoiuseportfell kokku kasvas kvartaliga 185 miljoni euro võrra (+6%) ja aastaga 543 miljoni euro võrra (+21%) 3,2 miljardi euroni. Tähtajalise hoiuse portfell kasvas kvartaliga 134 miljoni euro võrra, jõudes 1,6 miljardi euroni (+9%) ja säästuhoiuseportfell 20 miljoni euro võrra, ulatudes 1,5 miljardi euroni (+1%).

Jõudsas tempos jätkas kasvamist ka arvelduskontode maht, mis jõudis kvartali lõpuks 69 miljoni euro tasemeni (kvartaalne kasv +71%). Arvelduskontode mahu kasvu toetas igapäevapanganduse toodete valiku laiendamine. Alates teisest kvartalist on arveldukonto teenus avatud lisaks Eesti äriklientidele ka Läti ja Leedu ettevõtetele ning kõigi kolme Balti riigi eraklientidele pakutakse deebetkaarte. Jätkuvalt on tegemist Baltikumi era- ja äriklientide jaoks majanduslikult parima arvelduskonto teenusega. Bigbank pakub 2% intressi limiteerimata kontojäägilt ja tasuta makseid ning lisaks puuduvad igasugused arvelduskontoga seotud kulud.

Bigbanki 2026. aasta esimese kuue kuu puhaskasum oli 17,5 miljonit eurot. 2025. aasta samal perioodil oli see 18,7 miljonit eurot. Teises kvartalis teenis Bigbank puhaskasumit 10,0 miljonit eurot ehk 2025. aasta teise kvartaliga võrreldes 1,1 miljonit eurot rohkem (+12%).

Teise kvartali intressitulud moodustasid 52,0 miljonit eurot, kasvades eelmise aasta sama perioodiga võrreldes 6,8 miljoni euro võrra (+15%). Intressikulud olid kokku 21,0 miljonit eurot, kasvades eelmise aasta sama perioodiga võrreldes 1,5 miljoni euro võrra (+8%). Bigbanki netointressitulu oli seega aastataguse teise kvartaliga võrreldes 5,3 miljoni euro võrra suurem (+20%), ulatudes 31,0 miljoni euroni.

Laenuportfelli kvaliteet püsis teises kvartalis stabiilsena ja märke nõrgenevast maksekäitumisest ei olnud. Eeldatava krediidikahju netokulu kasvas 2025. aasta sama perioodiga võrreldes 0,4 miljoni euro võrra ja moodustas 1,7 miljonit eurot. Tarbimislaenude krediidikvaliteet paraneb jätkuvalt, kodulaenude oma on väga kõrge ja ärilaenude oma stabiilne. 3. etapi nõuete maht langes 118 miljoni euroni, vähenedes 3,9% tasemeni kõikidest laenunõuetest.

Kasvavate ärimahtude taga on tugev ja suurenev Bigbanki meeskond. Töötajate arv kasvas kvartaliga 33 võrra (+5%) 712 töötajani. Aastaga on Bigbanki töötajate arv suurenenud 93 võrra (+15%). Meeskonna suurenemise peamised tegurid olid igapäevapanganduse toodete turule toomine ning laenu- ja hoiuseportfelli kasvu tingimustes klientidele jätkuvalt kõrgetasemelise teenuse pakkumine. Palgakulud kasvasid teises kvartalis 10,6 miljoni euroni, ületades 2025. aasta sama perioodi näitajat 2,4 miljoni euro võrra (+28%).

Grupi kinnisvarainvesteeringute portfelli väärtus kahanes kvartaliga 0,9 miljoni euro võrra 81,0 miljoni euroni. Muutuse põhjuseks oli väikeses mahus varade realiseerimine. Kinnisvarainvesteeringuid teises kvartalis ümber ei hinnatud, nii äripindade kui ka põllumaade rendirahavood püsisid varasemal tasemel.

Teises kvartalis kinnitas reitinguagentuur Moody’s Ratings kõik Bigbank AS-i reitingud ja hinnangud, mis määrati eelmisel aastal.

  • Pika- ja lühiajalised hoiuste reitingud: Ba1/NP
  • Baaskrediidihinnang (BCA) ja kohandatud BCA: ba2
  • Pika- ja lühiajalised vastaspoole riskireitingud: Baa2/P-2
  • Pika- ja lühiajalised vastaspoole riskihinnangud: Baa2(cr)/P-2(cr)

Pikaajaliste hoiuste reitingute negatiivne väljavaade püsib.


Kasumiaruanne, tuhandetes eurodes

II kvartal 2026

II kvartal 2025

6 kuud 2026

6 kuud 2025

Netointressitulu

30 957

25 773

60 166

51 336

Neto teenustasud

2 047

2 550

4 665

5 073

Netokasum finantsvaradelt

-470

694

-543

2 645

Neto tegevustulud

-1 125

-1 120

-2 290

-2 015

Neto tegevustulud kokku

31 409

27 897

61 998

57 039

Palgakulud

-10 547

-8 258

-20 072

-15 735

Halduskulud

-4 235

-2 875

-7 393

-5 626

Põhivara kulum ja väärtuse langus

-2 467

-2 176

-4 866

-4 313

Muu kasum (kahjum)

218

-1 796

-2 381

-1 782

Tegevuskulud kokku

-17 031

-15 105

-34 712

-27 456

Kasum enne allahindluste kulu

14 378

12 792

27 286

29 583

Eeldatava krediidikahju netokulu

-1 672

-1 289

-4 663

-5 924

Kasum enne maksustamist

12 706

11 503

22 623

23 659

Tulumaks

-2 769

-2 616

-5 154

-4 917

Aruandeperioodi kasum

9 937

8 887

17 469

18 742

 

 

 

 

 

     
     
Finantsseisundi aruanne, tuhandetes eurodes

30.06.2026

31.03.2026

31.12.2025

30.06.2025

Raha ja raha ekvivalendid

484 924

446 030

448 876

468 770

Võlaväärtpaberid

40 668

43 913

37 226

42 508

Nõuded klientidele

2 997 804

2 833 915

2 707 537

2 438 608

Muud varad

117 935

119 811

123 084

109 143

Varad kokku

3 641 331

3 443 669

3 316 723

3 059 029

Klientide hoiused ja saadud laenud

3 199 007

3 014 460

2 887 687

2 656 328

Allutatud võlakirjad

109 972

110 040

106 744

104 147

Muud kohustised

23 319

20 685

22 891

17 871

Kohustised kokku

3 332 298

3 145 185

3 017 322

2 778 346

Omakapital

309 033

298 484

299 401

280 683

Kohustised ja omakapital kokku

3 641 331

3 443 669

3 316 723

3 059 029


Bigbank AS juhatuse esimehe Martin Läntsi kommentaar:

"2026. aasta teine kvartal oli sarnaselt esimesele kvartalile Bigbankile edukas. Nii laenu- kui ka hoiusteportfell kasvasid ootuspäraselt ning laenuportfelli kvaliteet püsis stabiilsena. Aastatagusega võrreldes suurenesid ka panga netointressitulud.

Lisaks headele finantstulemustele jätkasime igapäevapanganduse teenuste arendamist ja tootevaliku laiendamist. Teises kvartalis tõime Eesti, Läti ja Leedu eraklientideni deebet- ja virtuaalse deebetkaardi ning laiendasime äriklientidele suunatud arvelduskonto teenuse Lätti ja Leetu. Kliendibaasi laiendamine ja uute arvelduskontode avamine toimub heas tempos – teise kvartali jooksul kasvas klientide arv, kel on pangakonto ligi 50% ja alates aasta algusest on Bigbanki pangakontoga klientide arv enam kui kahekordistunud. Samuti juurutasime Smart-ID+ autentimislahenduse, saades esimeseks pangaks Baltikumis, kes pakub klientidele võimalust muuta internetipanga ja muude pangateenuste kasutamine veelgi turvalisemaks. Täiendavalt tegime mobiilirakenduse kättesaadavaks Baltikumi äriklientidele, parandades seeläbi ettevõtete igapäevapanganduse kasutusmugavust.

2026. aasta teises pooles on Bigbanki fookuses järjepidev laenuportfelli kasvatamine ning igapäevapanganduse teenuste ja kliendikogemuse edasiarendamine. Jätkame investeeringuid lahendustesse, mis muudavad panganduse meie klientide jaoks lihtsamaks, mugavamaks ja turvalisemaks."

Rohkem kui 30-aastase tegevusajalooga Bigbank AS (www.bigbank.ee) on Eesti kapitalile kuuluv kommertspank. 30. juuni 2026 seisuga oli panga bilansimaht kokku 3,6 miljardit eurot ning omakapital 309 miljonit eurot. Üheksas riigis tegutseval pangal on kokku üle 205 000 aktiivse kliendi ning üle 700 töötaja. Reitinguagentuur Moody’s on väljastanud Bigbankile pikaajalise pangahoiuste reitingu tasemel Ba1 ning baaskrediidireitingu (BCA) ja kohandatud BCA tasemel Ba2.

Argo Kiltsmann
Juhatuse liige
Telefon: +372 5393 0833
E-mail: [email protected]
www.bigbank.ee


Content of announcement in English

Title

Bigbank's Unaudited Financial Results for Q2 2026

Message

By the end of the second quarter, loans to customers stood at a record high of approximately 3.0 billion euros, having increased by 164 million euros (+6%) over the quarter and by 559 million euros (+23%) year on year. Compared to the end of the previous quarter, the business loan portfolio grew by 113 million euros (+10%) to 1.2 billion euros, the home loan portfolio by 42 million euros (+5%) to 886 million euros and the consumer loan portfolio by 4 million euros (+0.4%) to 860 million euros.

The group’s total deposit portfolio grew by 185 million euros (+6%) quarter on quarter and by 543 million euros (+21%) year on year, reaching 3.2 billion euros. Compared to the end of the previous quarter, the term deposit portfolio grew by 134 million euros (+9%) to 1.6 billion euros, while the savings deposit portfolio increased by 20 million euros (+1%) to 1.5 billion euros.

The volume of current accounts also continued to grow at a robust pace, reaching 69 million euros by the reporting date (+71% quarter on quarter). The growth was driven by the expansion of the range of everyday banking products. Since the second quarter, the current account service has been available not only to Estonian corporate customers but also to companies in Latvia and Lithuania, and debit cards have been made available to retail customers in all three Baltic countries. Bigbank continues to offer the most competitive current account services to retail and corporate customers in the Baltics. Customers receive 2% interest on unlimited balances and enjoy free payments. Furthermore, the current account is free of charge.

Bigbank’s net profit for the first six months of 2026 was 17.5 million euros. Net profit for the same period in 2025 was 18.7 million euros. In the second quarter, Bigbank earned a net profit of 10.0 million euros, up 1.1 million euros (+12%) from the second quarter of 2025.

Interest income for the second quarter amounted to 52.0 million euros, an increase of 6.8 million euros (+15%) year on year. Interest expense totalled 21.0 million euros, up 1.5 million euros (+8%) compared to the same period last year. As a result, Bigbank’s net interest income increased by 5.3 million euros (+20%) compared to the second quarter of 2025, reaching 31.0 million euros.

In the second quarter, the quality of the loan portfolio remained stable and there were no signs of weakening payment behaviour. Net expected credit loss allowances increased by 0.4 million euros year on year, reaching 1.7 million euros. The credit quality of consumer loans continues to improve, while that of home loans is very high and that of business loans is stable. The volume of stage 3 loans decreased to 118 million euros, accounting for 3.9% of the total loan portfolio.

Bigbank’s strong and expanding team has played a key role in boosting the group’s business volumes. The number of employees grew by 33 (+5%) during the quarter and by 93 (+15%) year on year, rising to 712. The main growth drivers were the launch of everyday banking products and the commitment to providing high-quality customer service in the context of growing loan and deposit portfolios. Salary expenses and associated charges increased to 10.6 million euros in the second quarter, exceeding the figure for the same period in 2025 by 2.4 million euros (+28%).

During the quarter, the value of the group’s investment property portfolio decreased by 0.9 million euros to 81.0 million euros. This was due to the disposal of a few properties. No investment properties were revalued during the second quarter, and cash inflows from leasing out commercial premises and agricultural land remained stable.

In the second quarter, Moody’s Ratings affirmed all the ratings and assessments that it had assigned to Bigbank AS last year.

  • Long-term and short-term deposit ratings: Ba1/NP
  • Baseline Credit Assessment (BCA) and Adjusted BCA: ba2
  • Long-term and short-term Counterparty Risk Ratings: Baa2/P-2
  • Long-term and short-term Counterparty Risk Assessments: Baa2(cr)/P-2(cr)

The negative outlook on the long-term deposit ratings was maintained.


Income statement, in thousands of euros

Q2 2026

Q2 2025

6M 2026

6M 2025

Net interest income

30,957

25,773

60,166

51,336

Net fee and commission income

2,047

2,550

4,665

5,073

Net income (loss) on financial assets

-470

694

-543

2,645

Net other operating income

-1,125

-1,120

-2,290

-2,015

Total net operating income

31,409

27,897

61,998

57,039

Salaries and associated charges

-10,547

-8,258

-20,072

-15,735

Administrative expenses

-4,235

-2,875

-7,393

-5,626

Depreciation, amortisation and impairment

-2,467

-2,176

-4,866

-4,313

Other gains (losses)

218

-1,796

-2,381

-1,782

Total expenses

-17,031

-15,105

-34,712

-27,456

Profit before loss allowances

14,378

12,792

27,286

29,583

Net expected credit loss allowances

-1,672

-1,289

-4,663

-5,924

Profit before income tax

12,706

11,503

22,623

23,659

Income tax expense

-2,769

-2,616

-5,154

-4,917

Profit for the period

9,937

8,887

17,469

18,742

 

 

 

 

 

     
     
Statement of financial position, in thousands of euros

30 June 2026

31 March 2026

31 Dec 2025

30 June 2025

Cash and cash equivalents

484,924

446,030

448,876

468,770

Debt securities at FVOCI

40,668

43,913

37,226

42,508

Loans to customers

2,997,804

2,833,915

2,707,537

2,438,608

Other assets

117,935

119,811

123,084

109,143

Total assets

3,641,331

3,443,669

3,316,723

3,059,029

Customer deposits and loans received

3,199,007

3,014,460

2,887,687

2,656,328

Subordinated notes

109,972

110,040

106,744

104,147

Other liabilities

23,319

20,685

22,891

17,871

Total liabilities

3,332,298

3,145,185

3,017,322

2,778,346

Equity

309,033

298,484

299,401

280,683

Total liabilities and equity

3,641,331

3,443,669

3,316,723

3,059,029


Comment by Martin Länts, Chairman of the Management Board of Bigbank AS:

"The second quarter of 2026 was another successful period for Bigbank, following a strong first quarter. Both the loan portfolio and deposit portfolio grew in line with expectations, while the quality of the loan portfolio remained stable. Compared to the same period last year, the bank’s net interest income also increased.

In addition to delivering strong financial results, we continued to develop our everyday banking services and expand our product offering. During the second quarter, we launched debit and virtual debit cards for private customers in Estonia, Latvia and Lithuania, and extended our current account service for business customers to Latvia and Lithuania. The expansion of the customer base and the opening of new current accounts continue at a strong pace. During the second quarter, the number of customers with a bank account increased by nearly 50%, and since the beginning of the year, the number of customers holding a Bigbank bank account has more than doubled. We also implemented the Smart-ID+ authentication solution, becoming the first bank in the Baltics to offer customers an opportunity to make the use of internet banking and other banking services even more secure. Furthermore, we made our mobile application available to business customers across the Baltics, improving the convenience of managing day-to-day banking activities for companies.

In the second half of 2026, Bigbank will remain focused on the continued growth of our loan portfolio and the further development of everyday banking services and customer experience. We will continue investing in solutions that make banking simpler, more convenient and more secure for our customers.”

Bigbank AS (www.bigbank.eu), with over 30 years of operating history, is a commercial bank owned by Estonian capital. As of 30 June 2026, the bank's total assets amounted to 3.6 billion euros, with equity of 309 million euros. Operating in nine countries, the bank serves more than 205,000 active customers and employs over 700 people. The credit rating agency Moody's has assigned Bigbank a long-term bank deposit rating of Ba1, along with a baseline credit assessment (BCA) and an adjusted BCA of Ba2.

Argo Kiltsmann
Member of the Management Board
Telephone: +372 5393 0833
Email: [email protected]
www.bigbank.ee