Sovcombank's net profit under IFRS for the first quarter of 2026 increased by 57% to RUB 20 billion. compared to the same period last year. Return on equity (ROE) It was 20% compared to 15% a year ago. This is stated in the message of the bank.
Net interest income increased by 72% to RUB 60 billion, and net fee and commission income increased by 31% to RUB 12 billion. Net interest margin increased to 7% from 4.3% a year earlier, and operating expenses increased by 8% to RUB 42 billion.
The net loan portfolio amounted to 2.9 trillion rubles, an increase of 9% compared to March 31, 2025. The corporate portfolio grew by 19% year-on-year to 1.6 trillion rubles. The retail portfolio remained at the level of March 2025 - 1.3 trillion rubles.
Customer funds amounted to 3 trillion rubles. Funds of individuals increased by 9% year-on-year to 1.3 trillion rubles, funds of legal entities - by 4% to 1.7 trillion rubles.
Sovcombank PJSC is a universal bank with assets of 1.6 trillion rubles under IFRS. It is included in the list of systemically important credit organizations (NWCO) of the Bank of Russia. The Bank serves 8.3 million individuals, including 7.6 million borrowers and more than 500,000 depositors.
