VÚB Bank reported its financial results for the first nine months of 2025, showing continued growth in key areas. The bank’s total net loan portfolio reached EUR 21.4 billion at the end of September 2025, marking a 9.8% increase compared to the same period in 2024. Total funding sources also grew to EUR 17.1 billion, up by 4.5% year-on-year.
Operating profit stood at EUR 397.6 million, an increase of 9.4% from September 2024. The cost/income ratio was recorded at 34.44%, while net profit reached 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 VÚB Bank.
VÚB operates as part of Intesa Sanpaolo Group—a major European banking group with operations spanning over forty countries globally through various banks and offices—and maintains a network consisting of over one hundred retail branches across Slovakia along with additional corporate branches domestically and one branch located in Czech Republic.
Intesa Sanpaolo itself remains Italy’s largest banking group based on loans (€419 billion) and customer financial assets (€1.4 trillion) as reported at June’s end this year; it has developed substantial capabilities within digital innovation including Artificial Intelligence applications across approximately one hundred fifty use cases within its organization.
