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Artea Bank H1 FY26 net profit drops 27% to €23.2 million; revenue slips 2% to €94 million
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Artea Bank H1 FY26 net profit drops 27% to €23.2 million; revenue slips 2% to €94 million
  • Artea Bankas AB posted H1 2026 net profit of €23.2 million, down 27% year-on-year.
  • Revenue slipped 2% to €94 million, as other income fell 56% to €5.4 million.
  • Net interest income rose 6% to €72.5 million; net fee and commission income climbed 6% to €16 million.
  • Loan book grew 8% year-on-year to €3.9 billion; deposits increased 15% to more than €4 billion.
  • Cost of risk narrowed to 0.01% from 0.24%; Tomas Varenbergas took over as acting CEO and management board chair after the period.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Artea Bankas AB published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607291000OMX_____CNEWS_EN_GNW1001255004_en) on July 29, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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