Coop Pank AS results for November 2025

Coop Pank's financial results in November 2025:

  * In November, the number of the bank's customers increased by 1,800 and
    number of active customers increased by 1,000. By the end of the month
    number of customers reached 225,800 and number of active customers reached
    107,800. Over the year, customer base has grown by 10%.
  * Volume of the bank's customer deposits increased by 24 million euros and
    reached 1.97 billion euros by the end of the month. Deposits of corporate
    customers increased by 22 million euros and deposits of private customers
    increased by 11 million euros. The volume of deposits attracted from
    international platforms decreased by 9 million euros. Over the year, volume
    of bank deposits has grown by 138 million euros, i.e. 8%.
  * The bank's loan portfolio increased by 28 million euros and reached 2.06
    billion euros by the end of month. Business loans increased by 18 million
    euros and home loans increased by 9 million euros. Leasing portfolio
    increased by 1 million euros and consumer financing portfolio remained
    stable. Over the year, loan portfolio has grown by 365 million euros, i.e.
    21%.
  * In November, the loan impairment cost was 0.1 million euros.
  * Compared to the first eleven months of last year, the bank's net income
    decreased by 4% and operating expenses increased by 2%.
  * In November, the bank earned net profit of 2.7 million euros. In the eleven
    months of the year, the bank has earned a net profit of 26.5 million euros,
    that is 12% less than in the same period last year.
  * In November, Coop Pank's return on equity was 14.3% and the cost-income
    ratio was 54%.


Comment by Arko Kurtmann, Chairman of the Management Board of Coop Pank:

"In November, both the bank's loan and deposit portfolios showed solid growth.
Deposits from business customers increased by 22 million euros, and deposits
from private customers grew by 11 million euros. Business loans grew by 18
million euros in November, and home loans by 9 million euros.

We see that, thanks to the stabilized interest rate environment, the decline in
interest income has come to a halt, which is expected to have a positive impact
on the bank's profit margin. November's results were also significantly
influenced by the successful resolution of a problematic loan customer case,
which released provisions and resulted in extraordinary other income.

In November, the rating agency Moody's affirmed Coop Pank's rating at its
current level with a positive outlook. The bank deposit rating remained at Baa2,
with the outlook continuing to be positive. This indicates that Coop Pank
remains a reliable bank with strong profitability, good capitalization, and a
high-quality credit portfolio.

In November, Coop Pank earned a solid profit of 2.7 million euros, and over the
eleven months, the bank has earned a total net profit of 26.5 million euros. The
bank's return on equity in November was 14.3%, and the cost-to-income ratio was
54%."

More detailed financial reports of Coop Pank are available at:
https://www.cooppank.ee/en/financial-reports

Coop Pank, based on Estonian capital, is one of the five universal banks
operating in Estonia. The number of clients using Coop Pank for their daily
banking reached 225,800. Coop Pank aims to put the synergy generated by the
interaction of retail business and banking to good use and to bring everyday
banking services closer to people's homes. The strategic shareholder of the bank
is the domestic retail chain Coop Eesti, comprising of 320 stores.

Additional information:
Paavo Truu
CFO
Phone: +372 5160 231
E-mail: [email protected] (mailto:[email protected])