Bank of Åland Reports Highest First Half-Year Profit with EUR 34.7M Net Income, EPS Up 9% to EUR 1.86

Reuters
07-18
Bank of Åland Reports Highest First Half-Year Profit with EUR 34.7M Net Income, EPS Up 9% to EUR 1.86

The Bank of Åland Plc (Ålandsbanken) has released its Half-Year Financial Report for the period January to June 2025, showcasing strong financial performance. The bank reported a net operating profit of EUR 34.7 million for the first half of 2025, marking an increase from the previous year. The return on equity stood at 19.2%, up from 18.2% in the previous period. Earnings per share grew by 9% to EUR 1.86. During the second quarter of 2025, the bank achieved a net operating profit of EUR 16.3 million, a 4% increase compared to EUR 15.6 million in the same period of 2024. However, core income, which includes net interest income, net commission income, and IT income, saw a slight decrease of 2% to EUR 54.1 million. Despite this, other income rose to EUR 1.8 million from a previous loss of EUR 0.1 million. Total expenses increased marginally by 1% to EUR 38.8 million. A significant highlight for the bank was the record net inflow of new client investments amounting to EUR 328 million, leading to a milestone of over EUR 11 billion in actively managed assets. Looking ahead, the Bank of Åland maintains a positive outlook, expecting its return on equity after taxes to continue exceeding its long-term financial target of 15% throughout 2025.

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. Ålandsbanken Abp published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW1001118553-en) on July 18, 2025, and is solely responsible for the information contained therein.

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